Repay Holdings
RPAY
149 hedge funds and large institutions have $268M invested in Repay Holdings in 2025 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 35 increasing their positions, 75 reducing their positions, and 33 closing their positions.
3% more call options, than puts
Call options by funds: $2.34M | Put options by funds: $2.27M
0.14% less ownership
Funds ownership: 85.3% → 85.16% (-0.14%)
7% less funds holding
Funds holding: 161 → 149 (-12)
24% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 33
30% less capital invested
Capital invested by funds: $384M → $268M (-$116M)
53% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Forager Capital Management
Birmingham,
Alabama
|
+$16M |
| 2 |
WCA
Whetstone Capital Advisors
Shawnee Mission,
Kansas
|
+$10.4M |
| 3 |
PMG
Private Management Group
Irvine,
California
|
+$5.06M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.4M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$12M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$10.8M |
| 3 |
Franklin Resources
San Mateo,
California
|
-$7.17M |
| 4 |
BAMCO Inc
New York
|
-$7.01M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.52M |
RPAY Hedge Fund Activity: Q4 2025 in Review
149 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Repay Holdings (RPAY) for Q4 2025, worth a combined $268M — down 30% from $384M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of RPAY and 25 opened new positions — a net loss of 8 holders — while 75 trimmed existing stakes and 35 added.
The largest buyer was Forager Capital Management, opening a new position worth an estimated $16M. The largest seller was River Road Asset Management, exiting entirely with an estimated $12M sold.
- 149 institutional investors held Repay Holdings (RPAY) as of Q4 2025, down from 161 in Q3 2025.
- Funds reported $268M of Repay Holdings stock for Q4 2025, down 30% quarter-over-quarter.
- 25 funds opened new Repay Holdings positions in Q4 2025 and 33 closed out, a net change of -8 holders.
- The largest Repay Holdings buyer in Q4 2025 was Forager Capital Management, an estimated $16M added.
- The largest Repay Holdings seller in Q4 2025 was River Road Asset Management, an estimated $12M sold.
Based on aggregated 13F filings for Q4 2025.