PayPal
PYPL
1,645 hedge funds and large institutions have $100B invested in PayPal in 2019 Q1 according to their latest regulatory filings, with 186 funds opening new positions, 658 increasing their positions, 603 reducing their positions, and 92 closing their positions.
102% more first-time investments, than exits
New positions opened: 186 | Existing positions closed: 92
19% more capital inflows, than outflows
Capital inflows: $5.7B | Capital outflows: $4.79B
6% more funds holding in top 10
Funds holding in top 10: 150 → 159 (+9)
5% more funds holding
Funds holding: 1,569 → 1,645 (+76)
1.03% more ownership
Funds ownership: 81.28% → 82.31% (+1%)
9% more repeat investments, than reductions
Existing positions increased: 658 | Existing positions reduced: 603
6% less call options, than puts
Call options by funds: $1.59B | Put options by funds: $1.7B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
+$658M |
| 2 |
Jennison Associates
New York
|
+$426M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$413M |
| 4 |
JP Morgan Chase
New York
|
+$339M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$284M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lone Pine Capital
Greenwich,
Connecticut
|
-$485M |
| 2 |
Melvin Capital Management
New York
|
-$264M |
| 3 |
D.E. Shaw & Co
New York
|
-$257M |
| 4 |
M&T Bank
Buffalo,
New York
|
-$216M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$184M |
PYPL Hedge Fund Activity: Q1 2019 in Review
1,645 of the 4,634 institutional investors tracked by Wall St. Rank reported a position in PayPal (PYPL) for Q1 2019, worth a combined $100B — up 24% from $81.2B a quarter earlier.
Buyers outnumbered sellers: 186 funds opened new PYPL positions and 92 closed out — a net gain of 94 holders — while 658 added to existing stakes and 603 trimmed.
The largest buyer was Polen Capital Management, opening a new position worth an estimated $658M. The largest seller was Lone Pine Capital, exiting entirely with an estimated $485M sold.
- 1,645 institutional investors held PayPal (PYPL) as of Q1 2019, up from 1,569 in Q4 2018.
- Funds reported $100B of PayPal stock for Q1 2019, up 24% quarter-over-quarter.
- 186 funds opened new PayPal positions in Q1 2019 and 92 closed out, a net change of +94 holders.
- The largest PayPal buyer in Q1 2019 was Polen Capital Management, an estimated $658M added.
- The largest PayPal seller in Q1 2019 was Lone Pine Capital, an estimated $485M sold.
Based on aggregated 13F filings for Q1 2019.