PayPal Holdings, Inc.

PYPL • NASDAQ

PayPal Holdings, Inc. is a financial - credit services company in the financial services sector on NASDAQ, led by Alex Chriss, with a market cap of $57.8B. As of Q3 2025, 73% of shares are held by 1,713 institutional investors, with VANGUARD GROUP INC as the largest holder at 8.88%.

Chief Executive OfficerAlex Chriss

Market Cap$57.8B

Financial - Credit Services

Financial Services

Employees27.2K

Websitepaypal.com

Country

United States of America

Overview

Overview of institutional ownership in PYPL as of Q3 2025 with a market cap of $64.1B

All Institutions

Institutions: 1,713
Value Held: $46.8B
Shares Held: 697.1M
Avg Position: $27.3M
Median Position: $922.3K

Hedge Funds

Hedge Funds: 107
Value Held: $2.4B
Shares Held: 36.3M
Avg Position: $22.7M
Median Position: $4.0M

Ownership Breakdown

Institutional (non-HF)

69.3%

$44.4B

Hedge Funds

3.8%

$2.4B

Retail & Other

26.9%

$17.2B

Based on market cap of $64.1B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in PYPL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
VANGUARD GROUP INC Institution	Salim Ramji CEO	$5.7B 0.09% of portfolio	8.88% 84.8M shares	Q3 2015 Held for 10y 2m	$6.69T
B BlackRock, Inc. Institution	-	$5.0B 0.09% of portfolio	7.80% 74.5M shares	Q3 2015 Held for 10y 2m	$5.67T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.9B 0.10% of portfolio	4.52% 43.2M shares	Q3 2015 Held for 10y 2m	$2.88T
Capital Research Global Investors RIA/Wealth	Sardar Sheraz Iftikhar CEO	$1.9B 0.35% of portfolio	2.93% 28.0M shares	Q3 2024 Held for 1y 2m	$532.36B
C Comprehensive Financial Management LLC Family Office	Jeanne Rogers Mowrey Managing Partner	$1.8B 50.30% of portfolio	2.84% 27.1M shares	Q4 2019 Held for 5y 11m	$3.6B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$1.5B 0.09% of portfolio	2.28% 21.8M shares	Q3 2015 Held for 10y 2m	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$1.0B 0.06% of portfolio	1.56% 14.9M shares	Q3 2015 Held for 10y 2m	$1.65T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$814.1M 0.06% of portfolio	1.27% 12.1M shares	Q3 2015 Held for 10y 2m	$1.33T
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$746.5M 0.12% of portfolio	1.17% 11.1M shares	Q3 2015 Held for 10y 2m	$633.08B
Artisan Partners Limited Partnership Long Only Manager	Eric Richard Colson CEO	$723.4M 1.04% of portfolio	1.13% 10.8M shares	Q2 2024 Held for 1y 5m	$69.5B

Net Capital Flow

Institutional buying and selling activity for PYPL in Q3 2025

Net Flow: −$1.1B
Buyers: 623
Sellers: 933
Total Bought: +$2.1B
Total Sold: −$3.3B
Avg Position: $25.7M

Biggest Buyers

Institution	Net Bought	Current Position
GOLDMAN SACHS GROUP INC Institution	+$226.9M +3.4M shares	$550.7M 8.2M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$144.9M +2.2M shares	$548.5M 8.2M shares
BANK OF AMERICA CORP /DE/ Institution	+$117.3M +1.7M shares	$814.1M 12.1M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$97.8M +1.5M shares	$97.8M 1.5M shares
J JANE STREET GROUP, LLC Institution	+$81.8M +1.2M shares	$152.0M 2.3M shares
Invesco Ltd. ETF Provider	+$73.3M +1.1M shares	$746.5M 11.1M shares
IMC-Chicago, LLC RIA/Wealth	+$54.7M +815.4K shares	$54.7M 815.4K shares
MORGAN STANLEY RIA/Wealth	+$53.2M +793.4K shares	$1.0B 14.9M shares
FMR LLC Institution	+$53.0M +790.3K shares	$627.1M 9.4M shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	+$45.1M +672.4K shares	$63.2M 942.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$148.2M −2.2M shares	$472.6M 7.0M shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$125.2M −1.9M shares	$114.1M 1.7M shares
R Robeco Institutional Asset Management B.V. Institution	−$125.1M −1.9M shares	$259.0M 3.9M shares
C COATUE MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$116.2M −1.7M shares	$351.3M 5.2M shares
A Assenagon Asset Management S.A. Institution	−$108.3M −1.6M shares	$122.2M 1.8M shares
Marshall Wace LLP Institution	−$103.5M −1.4M shares	Sold Off 0 shares
VANGUARD GROUP INC Institution	−$87.4M −1.3M shares	$5.7B 84.8M shares
L Liontrust Investment Partners LLP Long Only Manager	−$85.3M −1.3M shares	$13.4M 199.6K shares
Artisan Partners Limited Partnership Long Only Manager	−$80.8M −1.2M shares	$723.4M 10.8M shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$76.0M −1.1M shares	$140.2M 2.1M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PYPL in Q3 2025

New Positions: 33
New Value: $56.7M
Exited Positions: 186
Exited Value: $532.9M

New Positions

Institution	Position Value
Y Yong Rong Asset Management Ltd Institution	$32.1M 478.0K shares
L Lind Value II ApS Institution	$4.3M 64.6K shares
ARMISTICE CAPITAL, LLC Hedge Fund•Long/Short	$2.6M 39.3K shares
D Delta Global Management LP Hedge Fund•Market Neutral	$2.5M 36.6K shares
IVY LANE CAPITAL MANAGEMENT, LLC Hedge Fund•Value	$2.2M 33.0K shares
SUMMIT WEALTH GROUP LLC / CO RIA/Wealth	$2.1M 36.4K shares
7 7G CAPITAL MANAGEMENT, LLC Institution	$2.0M 30.0K shares
CAISSE DES DEPOTS ET CONSIGNATIONS Fund of Funds	$1.8M 26.8K shares
P Polymer Capital Management LLC Hedge Fund•Multi-Strategy	$1.4M 21.6K shares
S SPX Equities Gestao de Recursos Ltda Institution	$1.3M 20.0K shares

Exited Positions

Institution	Previous Position
Marshall Wace LLP Institution	$103.5M 1.4M shares
Holocene Advisors, LP Hedge Fund•Long/Short	$67.0M 902.0K shares
T TWINBEECH CAPITAL LP Hedge Fund•Quant	$53.0M 713.3K shares
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC Hedge Fund•Distressed	$36.0M 484.8K shares
E Evergreen Quality Fund GP, Ltd. Institution	$21.3M 286.8K shares
Q Qube Research & Technologies Ltd Institution	$19.5M 262.7K shares
CORTLAND ASSOCIATES INC/MO RIA/Wealth	$18.0M 241.9K shares
I Ilex Capital Partners LLP Institution	$16.3M 218.8K shares
Jain Global LLC Hedge Fund•Multi-Strategy	$14.2M 191.4K shares
A AXA Institution	$13.6M 183.5K shares

Options Activity

Institutions with the largest Call and Put options positions in PYPL as of Q3 2025

Call Positions: 74
Call Value: $2.6B
Put Positions: 62
Put Value: $3.0B

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$753.6M 112.4K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$455.7M 68.0K contracts
J JANE STREET GROUP, LLC Institution	$145.3M 21.7K contracts
W WOLVERINE TRADING, LLC Institution	$121.5M 17.4K contracts
GOLDMAN SACHS GROUP INC Institution	$121.3M 18.1K contracts
BANK OF AMERICA CORP /DE/ Institution	$118.9M 17.7K contracts
Q Qube Research & Technologies Ltd Institution	$116.7M 17.4K contracts
T Toroso Investments, LLC ETF Provider	$110.1M 16.4K contracts
Walleye Trading LLC RIA/Wealth	$76.6M 11.4K contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$66.2M 9.9K contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$637.8M 95.1K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$316.8M 47.2K contracts
J JANE STREET GROUP, LLC Institution	$249.6M 37.2K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$226.5M 33.8K contracts
D D. E. Shaw & Co., Inc. Institution	$190.2M 28.4K contracts
BANK OF AMERICA CORP /DE/ Institution	$175.0M 26.1K contracts
Walleye Trading LLC RIA/Wealth	$122.9M 18.3K contracts
Marshall Wace LLP Institution	$105.5M 15.7K contracts
UBS Group AG Institution	$101.6M 15.2K contracts
B BNP PARIBAS ARBITRAGE, SA Institution	$82.1M 122.4 contracts

Most Committed Institutions

Institutions with PYPL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
C Comprehensive Financial Management LLC Family Office	Jeanne Rogers Mowrey Managing Partner	50.30% $1.8B	2.84% 27.1M shares	Q4 2019 Held for 5y 11m	$3.6B
Punch Card Management L.P. Hedge Fund•Value	Francis Pei-Chi Chow COO	13.53% $43.6M	0.07% 650.4K shares	Q2 2025 Held for 5 months	$322.4M
Blue Door Asset Management, LLC Hedge Fund•Long/Short	Michael Jay Luddy Managing Partner	12.56% $22.2M	0.03% 331.0K shares	Q1 2022 Held for 3y 8m	$176.7M
A AMIRAL GESTION Institution	-	10.22% $28.1M	0.04% 419.6K shares	Q2 2025 Held for 5 months	$275.2M
Black Creek Investment Management Inc. Long Only Manager	Richard Lyle Jenkins Chairman	8.71% $184.6M	0.29% 2.8M shares	Q2 2022 Held for 3y 5m	$2.1B
Y Yong Rong Asset Management Ltd Institution	-	7.70% $32.1M	0.05% 478.0K shares	Q3 2025 Held for 2 months	$416.3M
M Mayar Capital Ltd. RIA/Wealth	William Michael May Owner	7.70% $4.9M	0.01% 73.4K shares	Q1 2022 Held for 3y 8m	$63.9M
Lindsell Train Ltd Long Only Manager	Jocelyn Arthur Saunders COO	7.38% $300.7M	0.47% 4.5M shares	Q3 2015 Held for 10y 2m	$4.1B
Nixon Capital, LLC Hedge Fund•Long/Short	Joseph Ray Nixon Chairman	7.30% $24.0M	0.04% 358.0K shares	Q4 2023 Held for 1y 11m	$328.7M
B Bastion Asset Management Inc. Institution	-	6.71% $11.7M	0.02% 170.8K shares	Q2 2025 Held for 5 months	$173.7M

Hedge Fund Spotlight

Discover hedge funds investing in PYPL

ARP AMERICAS LLC

Hedge Fund • Long/Short

Portfolio ManagerJoshua Seth Sweren

Portfolio Value: $544.4M
Positions: 607
Last Reported: Q3 2025

Sector Allocation

Position in PayPal Holdings, Inc.

Market Value: $831.5K
Shares Held: 12.4K
Portfolio Weight: 0.15%
Owned Since: 2022-Q1

Top Holding	Sector	Market Value	Weight
1 Merus N.V. MRUS	Biotechnology Healthcare	$18.7M	3.44%
2 Potbelly Corporation PBPB	Restaurants Consumer Cyclical	$18.0M	3.31%
3 Steelcase SCS	Business Equipment & Supplies Industrials	$15.5M	2.84%