Paysign
PAYS • NASDAQ
Paysign is a software - infrastructure company in the technology sector on NASDAQ, led by Mark R. Newcomer, with a market cap of $302.2M. As of Q3 2025, 45% of shares are held by 118 institutional investors, with Topline Capital Management, LLC as the largest holder at 10.0%.
CEOMark R. Newcomer
Market Cap$302.2M
Software - Infrastructure
Technology
Employees123.0
Websitepaysign.com
Country
United States of America
Overview
Overview of institutional ownership in PAYS as of Q3 2025 with a market cap of $342.5M
All Institutions
- Institutions
- 118
- Value Held
- $154.3M
- Shares Held
- 24.5M
- Avg Position
- $1.3M
- Median Position
- $209.3K
Hedge Funds
- Hedge Funds
- 23
- Value Held
- $57.9M
- Shares Held
- 9.2M
- Avg Position
- $2.5M
- Median Position
- $723.3K
Ownership Breakdown
Based on market cap of $342.5M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in PAYS as of Q3 2025
| Institution | Position Value |
|---|---|
 Topline Capital Management, LLC Hedge Fund•Long/Short | $34.3M 6.54% of portfolio |
B BlackRock, Inc. Institution | $14.8M 0.00% of portfolio |
 VANGUARD GROUP INC Institution | $11.5M 0.00% of portfolio |
 THOMPSON SIEGEL & WALMSLEY LLC Long Only Manager | $8.0M 0.13% of portfolio |
 RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | $7.1M 0.01% of portfolio |
 1248 Management, LLC Fund of Funds | $5.8M 3.37% of portfolio |
 Palisades Investment Partners, LLC RIA/Wealth | $5.6M 2.22% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $5.0M 0.00% of portfolio |
 STATE STREET CORP Institution | $3.9M 0.00% of portfolio |
R ROYCE & ASSOCIATES LLC Institution | $3.9M 0.04% of portfolio |
Net Capital Flow
Institutional buying and selling activity for PAYS in Q3 2025
- Traded
- +$32.7M
- Buyers
- 77
- Sellers
- 41
- Total Bought
- +$42.6M
- Total Sold
- −$9.9M
- Avg Position
- $1.2M
Biggest Buyers
| Institution | Net Bought |
|---|---|
THOMPSON SIEGEL & WALMSLEY LLC Long Only Manager | +$8.0M +1.3M shares |
Palisades Investment Partners, LLC RIA/Wealth | +$5.6M +897.6K shares |
 PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager | +$3.5M +552.7K shares |
R ROYCE & ASSOCIATES LLC Institution | +$2.3M +373.5K shares |
N NEW YORK STATE COMMON RETIREMENT FUND Institution | +$2.3M +373.1K shares |
A AWM Investment Company, Inc. Hedge Fund•Event Driven | +$1.9M +306.7K shares |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | +$1.8M +294.0K shares |
 JACOBS LEVY EQUITY MANAGEMENT, INC Hedge Fund•Quant | +$1.6M +260.8K shares |
 Kestra Advisory Services, LLC RIA/Wealth | +$1.4M +215.2K shares |
 Joule Financial, LLC RIA/Wealth | +$1.3M +213.2K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 EAM Investors, LLC Long Only Manager | −$1.6M −218.6K shares |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | −$1.4M −215.0K shares |
S SCOTIA CAPITAL INC. Institution | −$875.2K −121.6K shares |
 Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy | −$746.8K −103.7K shares |
 ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant | −$581.0K −92.4K shares |
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant | −$550.2K −87.5K shares |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | −$488.8K −67.9K shares |
 BANK OF AMERICA CORP /DE/ Institution | −$487.6K −77.5K shares |
 AMERIPRISE FINANCIAL INC Institution | −$411.5K −65.4K shares |
B Brendel Financial Advisors LLC RIA/Wealth | −$338.0K −46.9K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited PAYS in Q3 2025
- New Positions
- 23
- New Value
- $15.1M
- Exited Positions
- 15
- Exited Value
- $5.4M
New Positions
| Institution | Position Value |
|---|---|
Palisades Investment Partners, LLC RIA/Wealth | $5.6M 897.6K shares |
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager | $3.5M 552.7K shares |
A AWM Investment Company, Inc. Hedge Fund•Event Driven | $1.9M 306.7K shares |
 Precision Wealth Strategies, LLC RIA/Wealth | $1.0M 161.0K shares |
 Trexquant Investment LP Hedge Fund•Quant | $867.4K 137.9K shares |
 PRINCIPAL FINANCIAL GROUP INC Institution | $428.7K 68.2K shares |
P PharVision Advisers, LLC Hedge Fund•Long/Short | $327.0K 52.0K shares |
 Graham Capital Management, L.P. Hedge Fund•Multi-Strategy | $278.7K 44.3K shares |
C Corton Capital Inc. Institution | $222.3K 35.3K shares |
 Arista Wealth Management, LLC RIA/Wealth | $184.2K 29.3K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
EAM Investors, LLC Long Only Manager | $1.6M 218.6K shares |
S SCOTIA CAPITAL INC. Institution | $875.2K 121.6K shares |
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy | $746.8K 103.7K shares |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $488.8K 67.9K shares |
B Brendel Financial Advisors LLC RIA/Wealth | $338.0K 46.9K shares |
 GLOBEFLEX CAPITAL L P Long Only Manager | $287.3K 39.9K shares |
 OCCUDO QUANTITATIVE STRATEGIES LP Hedge Fund•Market Neutral | $284.1K 39.5K shares |
M MYDA Advisors LLC Hedge Fund•Long/Short | $216.0K 30.0K shares |
 Change Path, LLC RIA/Wealth | $182.3K 25.3K shares |
R Squared Ltd Private Equity | $107.7K 15.0K shares |
Options Activity
Institutions with the largest Call and Put options positions in PAYS as of Q3 2025
- Call Positions
- 3
- Call Value
- $1.6M
- Put Positions
- 1
- Put Value
- $203.8K
Call Positions
| Institution | Position Value |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $1.2M 1.8K contracts |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $373.0K 593.0 contracts |
W WOLVERINE TRADING, LLC Institution | $74.0K 127.0 contracts |
Put Positions
| Institution | Position Value |
|---|---|
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $203.8K 324.0 contracts |
Most Committed Institutions
Institutions with PAYS as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
Topline Capital Management, LLC Hedge Fund•Long/Short | 6.54% $34.3M |
1248 Management, LLC Fund of Funds | 3.37% $5.8M |
Palisades Investment Partners, LLC RIA/Wealth | 2.22% $5.6M |
Joule Financial, LLC RIA/Wealth | 1.16% $3.9M |
C Corton Capital Inc. Institution | 0.55% $222.3K |
Precision Wealth Strategies, LLC RIA/Wealth | 0.33% $1.0M |
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager | 0.20% $3.5M |
P PharVision Advisers, LLC Hedge Fund•Long/Short | 0.18% $327.0K |
A AWM Investment Company, Inc. Hedge Fund•Event Driven | 0.18% $1.9M |
 Total Clarity Wealth Management, Inc. RIA/Wealth | 0.16% $598.5K |
Hedge Fund Spotlight
Discover hedge funds investing in PAYS
Topline Capital Management, LLC
Hedge Fund • Long/Short
Portfolio ManagerCollin Mcbirney
- Portfolio Value
- $523.6M
- Positions
- 40
- Last Reported
- Q3 2025
Sector Allocation
Position in Paysign
- Market Value
- $34.3M
- Shares Held
- 5.4M
- Portfolio Weight
- 6.54%
- Owned Since
- 2024-Q4
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Financial - Credit Services Financial Services | $62.0M | 11.84% | |
Software - Infrastructure Technology | $60.4M | 11.54% | |
Financial - Credit Services Financial Services | $56.5M | 10.79% |
