Which funds own PYPL
PayPal HLDGS Inc in the Q2 2026 filings. At least 7 of the 91 current managers on file reported a position, worth $1.7bn between them. It is among the largest positions of fewer than a fifth of the current managers on file. The quarter went one way: 5 managers opened or added against 1 cutting.
- Managers holding
- 7
- at least, of 91 current
- Combined value
- $1.7bn
- as reported
- Opened
- 1
- new this quarter
- Added to
- 4
- already held
- Trimmed or sold out
- 1
- 1 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Invesco Ltd Long-only · $1264bn book | $1.4bn | 0.1% | 33,444,420 | -$8.3m+1,332,717 | Added |
| Voloridge Investment Management LLC Quantitative · $23.5bn book | $105m | 0.4% | 2,429,159 | +$92m+2,149,898 | Added |
| Greenlight Capital Activist · $3.9bn book | $62m | 1.6% | 1,424,320 | opened1,424,320 | New |
| Coatue Management LLC Long/short equity · $48.6bn book | $54m | 0.1% | 1,243,590 | -$2.5m0 | Held |
| Brevan Howard Capital Management LP Macro · $13.5bn book | $9.3m | 0.1% | 215,893 | +$7.0m+164,115 | Added |
| Caxton Associates LLP Macro · $5.3bn book | $4.7m | 0.1% | 109,355 | +$1.7m+41,691 | Added |
| Southeastern Asset Management Inc Activist · $1.9bn book | $1.0m | 0.1% | 22,463 | unchanged0 | Held |
Sold out of this quarter
Valued at what the position was worth in the previous filing, because by this one it is gone.
- Capital Research Global Investors · Long-only$1.1m held before
Ownership through time
At least 12 of the 95 managers whose filings are on file listed PYPL in Q2 2026, against 21 in Q3 2015. The same number as in Q1 2026: 1 started a position; 4 listed it again; 1 sold out, by its own filing; 4 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q3 2015: 21
- Q4 2015: 20
- Q1 2016: 23
- Q2 2016: 26
- Q3 2016: 19
- Q4 2016: 28
- Q1 2017: 21
- Q2 2017: 23
- Q3 2017: 31
- Q4 2017: 32
- Q1 2018: 35
- Q2 2018: 31
- Q3 2018: 27
- Q4 2018: 34
- Q1 2019: 32
- Q2 2019: 36
- Q3 2019: 41
- Q4 2019: 40
- Q1 2020: 39
- Q2 2020: 40
- Q3 2020: 45
- Q4 2020: 42
- Q1 2021: 44
- Q2 2021: 39
- Q3 2021: 33
- Q4 2021: 36
- Q1 2022: 31
- Q2 2022: 34
- Q3 2022: 40
- Q4 2022: 37
- Q1 2023: 40
- Q2 2023: 28
- Q3 2023: 26
- Q4 2023: 27
- Q1 2024: 31
- Q2 2024: 39
- Q3 2024: 35
- Q4 2024: 35
- Q1 2025: 35
- Q2 2025: 30
- Q3 2025: 29
- Q4 2025: 23
- Q1 2026: 12
- Q2 2026: 12
- Q3 2015: $5.2bn
- Q4 2015: $7.1bn
- Q1 2016: $7.3bn
- Q2 2016: $7.5bn
- Q3 2016: $8.9bn
- Q4 2016: $9.4bn
- Q1 2017: $9.9bn
- Q2 2017: $13.6bn
- Q3 2017: $15.9bn
- Q4 2017: $16.7bn
- Q1 2018: $15.8bn
- Q2 2018: $18.0bn
- Q3 2018: $18.4bn
- Q4 2018: $17.4bn
- Q1 2019: $21.6bn
- Q2 2019: $26.2bn
- Q3 2019: $23.1bn
- Q4 2019: $22.8bn
- Q1 2020: $19.5bn
- Q2 2020: $36.2bn
- Q3 2020: $40.4bn
- Q4 2020: $43.7bn
- Q1 2021: $42.2bn
- Q2 2021: $48.8bn
- Q3 2021: $43.0bn
- Q4 2021: $23.4bn
- Q1 2022: $11.9bn
- Q2 2022: $7.0bn
- Q3 2022: $8.7bn
- Q4 2022: $10.2bn
- Q1 2023: $7.3bn
- Q2 2023: $5.1bn
- Q3 2023: $3.7bn
- Q4 2023: $4.1bn
- Q1 2024: $5.0bn
- Q2 2024: $4.1bn
- Q3 2024: $5.3bn
- Q4 2024: $7.5bn
- Q1 2025: $5.4bn
- Q2 2025: $6.5bn
- Q3 2025: $5.8bn
- Q4 2025: $5.6bn
- Q1 2026: $2.2bn
- Q2 2026: $2.0bn
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
Largest increases, by shares
- Voloridge Investment Management LLC279,261 to 2,429,159 shares+$93m
- Greenlight Capitalnew: 1,424,320 shares+$62m
- Invesco Ltd32,111,703 to 33,444,420 shares+$58m
- Brevan Howard Capital Management LP51,778 to 215,893 shares+$7.1m
- Caxton Associates LLP67,664 to 109,355 shares+$1.8m
Largest decreases, by shares
- AQR Capital Management LLC4,144,365 to 4,017,155 shares-$5.5m
Left it
- Capital Research Global Investorswas $1.1m
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Invesco Ltd | Q3 2015 | $2.7bn | $1.4bn | |
| AQR Capital Management LLC | Q3 2015 | $297m | $173m | |
| Voloridge Investment Management LLC | Q2 2017 | $310m | $105m | |
| Squarepoint Ops LLC | Q3 2015 | $120m | $67m | |
| Greenlight Capital | Q2 2026 | $62m | $62m | |
| Coatue Management LLC | Q1 2016 | $1.6bn | $54m | |
| Renaissance Technologies LLC | Q2 2016 | $320m | $53m | |
| Man Group PLC | Q1 2018 | $171m | $48m | |
| Brevan Howard Capital Management LP | Q4 2023 | $14m | $9.3m | |
| Bridgewater Associates LP | Q4 2020 | $235m | $7.2m | |
| Caxton Associates LLP | Q3 2017 | $50m | $4.7m | |
| Southeastern Asset Management Inc | Q3 2023 | $66m | $970k | |
| Fidelity (FMR LLC) | Q3 2015 | $12.8bn | last listed Q3 2025 | |
| T. Rowe Price Associates Inc | Q4 2015 | $9.3bn | last listed Q4 2024 | |
| Capital World Investors | Q3 2015 | $8.2bn | last listed Q3 2022 | |
| Capital Research Global Investors | Q1 2019 | $2.7bn | last listed Q1 2026 | |
| MFS Investment Management | Q3 2015 | $2.6bn | last listed Q4 2023 | |
| AllianceBernstein LP | Q3 2015 | $2.5bn | last listed Q3 2025 | |
| Wellington Management Group LLP | Q1 2016 | $2.5bn | last listed Q3 2024 | |
| Eisler Capital Management Ltd | Q3 2021 | $2.4bn | last listed Q3 2025 | |
| Polen Capital Management LLC | Q1 2019 | $1.9bn | last listed Q4 2025 | |
| Carl C. Icahn | Q3 2015 | $1.7bn | last listed Q4 2017 |
Last reported earlier
These managers’ latest filings are from an earlier quarter, so they are not counted above.
- Eisler Capital Management Ltd · Q3 2025$12m · 0.1%
What PYPL is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around PYPL →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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