PayPal
PYPL
1,792 hedge funds and large institutions have $48.3B invested in PayPal in 2024 Q1 according to their latest regulatory filings, with 185 funds opening new positions, 664 increasing their positions, 741 reducing their positions, and 202 closing their positions.
21% more funds holding in top 10
Funds holding in top 10: 38 → 46 (+8)
14% more call options, than puts
Call options by funds: $4.11B | Put options by funds: $3.6B
6% more capital invested
Capital invested by funds: $45.6B → $48.3B (+$2.7B)
8% less first-time investments, than exits
New positions opened: 185 | Existing positions closed: 202
1.42% less ownership
Funds ownership: 67.99% → 66.56% (-1.4%)
3% less funds holding
Funds holding: 1,839 → 1,792 (-47)
10% less repeat investments, than reductions
Existing positions increased: 664 | Existing positions reduced: 741
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
+$492M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$343M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$258M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$135M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$134M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
-$1.27B |
| 2 |
PIF
Public Investment Fund
Al Aqiq District, Riyadh,
Saudi Arabia
|
-$352M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$249M |
| 4 |
Goldman Sachs
New York
|
-$215M |
| 5 |
Temasek Holdings
Singapore
|
-$186M |
PYPL Hedge Fund Activity: Q1 2024 in Review
1,792 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in PayPal (PYPL) for Q1 2024, worth a combined $48.3B — up 5.9% from $45.6B a quarter earlier.
Sellers outnumbered buyers: 202 funds closed out of PYPL and 185 opened new positions — a net loss of 17 holders — while 741 trimmed existing stakes and 664 added.
The largest buyer was Coatue Management, adding an estimated $492M. The largest seller was Polen Capital Management, cutting an estimated $1.27B.
- 1,792 institutional investors held PayPal (PYPL) as of Q1 2024, down from 1,839 in Q4 2023.
- Funds reported $48.3B of PayPal stock for Q1 2024, up 5.9% quarter-over-quarter.
- 185 funds opened new PayPal positions in Q1 2024 and 202 closed out, a net change of -17 holders.
- The largest PayPal buyer in Q1 2024 was Coatue Management, an estimated $492M added.
- The largest PayPal seller in Q1 2024 was Polen Capital Management, an estimated $1.27B sold.
Based on aggregated 13F filings for Q1 2024.