PayPal
PYPL
1,964 hedge funds and large institutions have $61.6B invested in PayPal in 2023 Q1 according to their latest regulatory filings, with 170 funds opening new positions, 794 increasing their positions, 786 reducing their positions, and 168 closing their positions.
1% more first-time investments, than exits
New positions opened: 170 | Existing positions closed: 168
1% more repeat investments, than reductions
Existing positions increased: 794 | Existing positions reduced: 786
1.69% less ownership
Funds ownership: 72.62% → 70.93% (-1.7%)
2% less funds holding
Funds holding: 2,009 → 1,964 (-45)
6% less funds holding in top 10
Funds holding in top 10: 53 → 50 (-3)
18% less call options, than puts
Call options by funds: $2.81B | Put options by funds: $3.45B
24% less capital inflows, than outflows
Capital inflows: $4.83B | Capital outflows: $6.39B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$281M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$230M |
| 3 |
D.E. Shaw & Co
New York
|
+$198M |
| 4 |
Select Equity Group
New York
|
+$130M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$126M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
-$575M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$426M |
| 3 |
Aristotle Capital Management
Los Angeles,
California
|
-$352M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$327M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$229M |
PYPL Hedge Fund Activity: Q1 2023 in Review
1,964 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in PayPal (PYPL) for Q1 2023, worth a combined $61.6B — up 3.9% from $59.3B a quarter earlier.
Buyers outnumbered sellers: 170 funds opened new PYPL positions and 168 closed out — a net gain of 2 holders — while 794 added to existing stakes and 786 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $281M. The largest seller was Dodge & Cox, cutting an estimated $575M.
- 1,964 institutional investors held PayPal (PYPL) as of Q1 2023, down from 2,009 in Q4 2022.
- Funds reported $61.6B of PayPal stock for Q1 2023, up 3.9% quarter-over-quarter.
- 170 funds opened new PayPal positions in Q1 2023 and 168 closed out, a net change of +2 holders.
- The largest PayPal buyer in Q1 2023 was JP Morgan Chase, an estimated $281M added.
- The largest PayPal seller in Q1 2023 was Dodge & Cox, an estimated $575M sold.
Based on aggregated 13F filings for Q1 2023.