PayPal
PYPL
1,881 hedge funds and large institutions have $51.5B invested in PayPal in 2023 Q2 according to their latest regulatory filings, with 156 funds opening new positions, 704 increasing their positions, 812 reducing their positions, and 224 closing their positions.
4% more funds holding in top 10
Funds holding in top 10: 50 → 52 (+2)
2% less call options, than puts
Call options by funds: $3.22B | Put options by funds: $3.29B
2.41% less ownership
Funds ownership: 70.93% → 68.52% (-2.4%)
4% less funds holding
Funds holding: 1,964 → 1,881 (-83)
13% less repeat investments, than reductions
Existing positions increased: 704 | Existing positions reduced: 812
30% less first-time investments, than exits
New positions opened: 156 | Existing positions closed: 224
38% less capital inflows, than outflows
Capital inflows: $4.41B | Capital outflows: $7.11B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
+$657M |
| 2 |
Atreides Management
Boston,
Massachusetts
|
+$260M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$200M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$195M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$195M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$554M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$554M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$442M |
| 4 |
BlueSpruce Investments
Chicago,
Illinois
|
-$392M |
| 5 |
Goldman Sachs
New York
|
-$296M |
PYPL Hedge Fund Activity: Q2 2023 in Review
1,881 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in PayPal (PYPL) for Q2 2023, worth a combined $51.5B — down 16% from $61.6B a quarter earlier.
Sellers outnumbered buyers: 224 funds closed out of PYPL and 156 opened new positions — a net loss of 68 holders — while 812 trimmed existing stakes and 704 added.
The largest buyer was Polen Capital Management, adding an estimated $657M. The largest seller was Fisher Asset Management, cutting an estimated $554M.
- 1,881 institutional investors held PayPal (PYPL) as of Q2 2023, down from 1,964 in Q1 2023.
- Funds reported $51.5B of PayPal stock for Q2 2023, down 16% quarter-over-quarter.
- 156 funds opened new PayPal positions in Q2 2023 and 224 closed out, a net change of -68 holders.
- The largest PayPal buyer in Q2 2023 was Polen Capital Management, an estimated $657M added.
- The largest PayPal seller in Q2 2023 was Fisher Asset Management, an estimated $554M sold.
Based on aggregated 13F filings for Q2 2023.