PayPal
PYPL
1,765 hedge funds and large institutions have $43.2B invested in PayPal in 2023 Q3 according to their latest regulatory filings, with 126 funds opening new positions, 672 increasing their positions, 766 reducing their positions, and 215 closing their positions.
5% less call options, than puts
Call options by funds: $3.01B | Put options by funds: $3.16B
1.86% less ownership
Funds ownership: 68.52% → 66.66% (-1.9%)
6% less funds holding
Funds holding: 1,880 → 1,765 (-115)
12% less repeat investments, than reductions
Existing positions increased: 672 | Existing positions reduced: 766
16% less capital invested
Capital invested by funds: $51.5B → $43.2B (-$8.31B)
29% less funds holding in top 10
Funds holding in top 10: 52 → 37 (-15)
41% less first-time investments, than exits
New positions opened: 126 | Existing positions closed: 215
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$430M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$170M |
| 3 |
FAM
Foxhaven Asset Management
Charlottesville,
Virginia
|
+$122M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$103M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
-$354M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$322M |
| 3 |
BlackRock
New York
|
-$221M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$177M |
| 5 |
D.E. Shaw & Co
New York
|
-$174M |
PYPL Hedge Fund Activity: Q3 2023 in Review
1,765 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in PayPal (PYPL) for Q3 2023, worth a combined $43.2B — down 16% from $51.5B a quarter earlier.
Sellers outnumbered buyers: 215 funds closed out of PYPL and 126 opened new positions — a net loss of 89 holders — while 766 trimmed existing stakes and 672 added.
The largest buyer was Assenagon Asset Management, adding an estimated $430M. The largest seller was Fisher Asset Management, cutting an estimated $354M.
- 1,765 institutional investors held PayPal (PYPL) as of Q3 2023, down from 1,880 in Q2 2023.
- Funds reported $43.2B of PayPal stock for Q3 2023, down 16% quarter-over-quarter.
- 126 funds opened new PayPal positions in Q3 2023 and 215 closed out, a net change of -89 holders.
- The largest PayPal buyer in Q3 2023 was Assenagon Asset Management, an estimated $430M added.
- The largest PayPal seller in Q3 2023 was Fisher Asset Management, an estimated $354M sold.
Based on aggregated 13F filings for Q3 2023.