PAR TECHNOLOGY CORP PAR
COM · Common Stock · CUSIP 698884103
- SectorTechnology
- IndustryCalculating & Accounting Machines (No Electronic Computers)
- HeadquartersNew Hartford, NY
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($329.2k this quarter). Holder counts are more reliable. Shares outstanding: 41.4m as of 2026-08-04, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $17.42. Options: 15 managers hold calls ($47.9m notional), 9 hold puts ($19.8m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 135 |
| Q4 2022 | 141 |
| Q1 2023 | 139 |
| Q2 2023 | 135 |
| Q3 2023 | 139 |
| Q4 2023 | 140 |
| Q1 2024 | 171 |
| Q2 2024 | 172 |
| Q3 2024 | 198 |
| Q4 2024 | 231 |
| Q1 2025 | 240 |
| Q2 2025 | 235 |
| Q3 2025 | 220 |
| Q4 2025 | 205 |
| Q1 2026 | 201 |
| Q2 2026 | 207 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 120 | 53 |
| Q4 2024 | 125 | 87 |
| Q1 2025 | 133 | 102 |
| Q2 2025 | 128 | 111 |
| Q3 2025 | 127 | 119 |
| Q4 2025 | 117 | 99 |
| Q1 2026 | 120 | 106 |
| Q2 2026 | 123 | 85 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $13.3m | $8.1m | 0.61 |
| Q4 2025 | $40.3m | $18.2m | 0.45 |
| Q1 2026 | $29.8m | $27.9m | 0.94 |
| Q2 2026 | $47.9m | $19.8m | 0.41 |
Biggest buyers
| Voss Capital, LP | Added | +1.0m |
| BlackRock, Inc. | Added | +570.5k |
| Buckley Capital Advisors, LLC | New | +514.7k |
| Samjo Management, LLC | Added | +508.5k |
| TWO SIGMA INVESTMENTS, LP | New | +421.5k |
| RICE HALL JAMES & ASSOCIATES, LLC | New | +378.9k |
| HRT FINANCIAL LP | Added | +348.5k |
| JANE STREET GROUP, LLC | Added | +326.3k |
| Divisadero Street Capital Management, LP | New | +268.0k |
| Redmond Asset Management, LLC | Added | +247.3k |
Biggest sellers
| FMR LLC | Reduced | -1.4m |
| Long Focus Capital Management, LLC | Sold out | -990.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -955.5k |
| BAMCO INC /NY/ | Reduced | -942.1k |
| ROYCE & ASSOCIATES LP | Sold out | -579.4k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -552.1k |
| T. Rowe Price Investment Management, Inc. | Reduced | -453.7k |
| Madison Avenue Partners, LP | Sold out | -447.9k |
| Capital Research Global Investors | Reduced | -447.5k |
| Newtyn Management, LLC | Reduced | -313.9k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $18.9m1.1m shares |
| JANE STREET GROUP, LLC | Added | $8.0m459.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.9m395.2k shares |
| SIMPLEX TRADING, LLC | Added | $4.7m268.4k shares |
| SILVERBACK ASSET MANAGEMENT LLC | Unchanged | $2.6m150.0k shares |
| IMC-Chicago, LLC | Reduced | $1.8m101.5k shares |
| HBK INVESTMENTS L P | New | $1.3m77.0k shares |
| GROUP ONE TRADING LLC | Reduced | $815.3k46.8k shares |
| Voss Capital, LP | Reduced | $808.3k46.4k shares |
| HRT FINANCIAL LP | New | $679.0k39.0k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $6.4m366.6k shares |
| Parallax Volatility Advisers, L.P. | Added | $5.1m295.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.3m133.5k shares |
| JANE STREET GROUP, LLC | Added | $1.8m104.9k shares |
| Caption Management, LLC | Reduced | $1.4m81.9k shares |
| Crawford Fund Management, LLC | Added | $1.2m68.0k shares |
| Walleye Capital LLC | Added | $611.4k35.1k shares |
| D. E. Shaw & Co., Inc. | Reduced | $581.8k33.4k shares |
| Walleye Trading LLC | Added | $306.6k17.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Voss Capital, LP 13D · may seek influence +2.3 pts · filed 2026-05-18 | 14.3% |
| BlackRock, Inc. 13G · institution +1.6 pts · filed 2026-07-29 | 8.7% |
| T. Rowe Price Investment Management, Inc. 13G · institution -7.7 pts · filed 2026-04-08 | 6.1% |
| Newtyn Management, LLC 13G · institution -1.1 pts · filed 2026-08-14 | 5.5% |
| Progeny 3, Inc. 13G · passive investor new · filed 2026-02-09 | 5.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: FMR LLC (1.8%, 2026-08-06), Capital Research Global Investors (3.4%, 2026-05-14), VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC), ADW Capital Partners, L.P. (1.5%, 2025-11-14)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 3 | $605.2k | $535.2k |
| Q3 2025 | 0 | — | 1 | $299.4k | $299.4k |
| Q4 2025 | 0 | — | 1 | $230.9k | $230.9k |
| Q1 2026 | 0 | — | 4 | $1.7m | $1.7m |
| Q2 2026 | 1 | $197.1k | 2 | $314.7k | $314.7k |
| Q3 2026 | 1 | $199.9k | 2 | $234.4k | $12.6k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-08 | Codner Elizabeth M Chief Human Resources Officer | Sold plan | $12.6k653 shares |
| 2026-08-14 | Ostertag Oliver President, Growth & AI | Sold | $221.8k11.8k shares |
| 2026-08-12 | Singh Narinder Director | Bought | $199.9k11.5k shares |
| 2026-06-12 | Voss Capital, LP +4 10% owner · By: Managed Accounts of Voss Capital, LP | Bought | $2.3m156.2k shares |
| 2026-06-12 | Pascal Keith Director | Bought | $197.1k13.0k shares |
| 2026-06-11 | Voss Capital, LP +4 10% owner · By: Managed Accounts of Voss Capital, LP | Bought | $2.7m193.8k shares |
| 2026-06-03 | STEENBERGE MICHAEL ANTHONY SVP Finance & Transformation | Sold plan | $7.1k498 shares |
| 2026-06-02 | KING CATHY A CLO & Corporate Secretary | Sold plan | $307.6k20.0k shares |
| 2026-05-15 | Voss Capital, LP +4 10% owner · By: Managed Accounts of Voss Capital, LP | Bought | $1.5m100.0k shares |
| 2026-05-15 | Voss Capital, LP +4 10% owner · By: Voss Value Master Fund, L.P. | Bought | $365.6k25.0k shares |
| 2026-05-14 | Voss Capital, LP +4 10% owner · By: Managed Accounts of Voss Capital, LP | Bought | $7.8m534.9k shares |
| 2026-05-14 | Voss Capital, LP +4 10% owner · By: Voss Value Master Fund, L.P. | Bought | $802.4k55.0k shares |
| 2026-05-14 | Voss Capital, LP +4 10% owner · By: Voss Value-Oriented Special Situations Fund, L.P. | Bought | $72.9k5.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Voss Capital, LP 5.16% of their portfolio | 5.9m $103.2m | Added +1.0m |
| BlackRock, Inc. 0.00% of their portfolio | 4.1m $70.6m | Added +570.5k |
| Newtyn Management, LLC 5.26% of their portfolio | 2.4m $42.1m | Reduced -313.9k |
| T. Rowe Price Investment Management, Inc. 0.02% of their portfolio | 2.2m $37.6m | Reduced -453.7k |
| Progeny 3, Inc. 1.91% of their portfolio | 2.1m $37.0m | Reduced -46.8k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.8m $30.8m | Reduced -18.2k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 1.5m $26.6m | Reduced -215.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 1.2m $20.8m | Reduced -38.7k |
| STATE STREET CORP 0.00% of their portfolio | 1.2m $20.7m | Added +124.5k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.1m $18.6m | Added +96.5k |
| Capital Research Global Investors 0.00% of their portfolio | 1.0m $17.9m | Reduced -447.5k |
| Balyasny Asset Management L.P. 0.03% of their portfolio | 966.2k $16.8m | Added +139.8k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 953.3k $16.6m | Reduced -955.5k |
| FEDERATED HERMES, INC. 0.02% of their portfolio | 888.2k $15.5m | Added +83.8k |
| BROOKTREE CAPITAL MANAGEMENT 9.94% of their portfolio | 874.0k $15.2m | Added +11.6k |
| Greenhaven Road Investment Management, L.P. 9.25% of their portfolio | 817.9k $14.2m | Added +7.4k |
| Samjo Management, LLC 4.85% of their portfolio | 816.5k $14.2m | Added +508.5k |
| PenderFund Capital Management Ltd. 1.81% of their portfolio | 812.5k $14.2m | Unchanged |
| FMR LLC 0.00% of their portfolio | 745.2k $13.0m | Reduced -1.4m |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 745.0k $13.0m | Added +218.4k |
| Bandera Partners LLC 4.29% of their portfolio | 700.0k $12.2m | Unchanged |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 677.5k $11.8m | Added +326.3k |
| ADW Capital Management, LLC 3.88% of their portfolio | 609.4k $10.6m | Added +12.2k |
| HRT FINANCIAL LP 0.02% of their portfolio | 570.5k $9.9m | Added +348.5k |
| MORGAN STANLEY 0.00% of their portfolio | 549.5k $9.6m | Reduced -1.3k |
| SEGALL BRYANT & HAMILL, LLC 0.11% of their portfolio | 524.6k $9.1m | Added +203.7k |
| Buckley Capital Advisors, LLC 5.58% of their portfolio | 514.7k $9.0m | New |
| Stephens Investment Management Group LLC 0.09% of their portfolio | 483.3k $8.4m | Added +24.6k |
| AYAL Capital Advisors Ltd 4.01% of their portfolio | 450.0k $7.8m | Added +226.9k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 421.5k $7.3m | New |
| KENNEDY CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 408.4k $7.1m | Reduced -1.3k |
| UBS Group AG 0.00% of their portfolio | 405.9k $7.1m | Added +70.2k |
| Visionary Wealth Advisors 0.27% of their portfolio | 392.9k $6.8m | Added +32.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 382.4k $6.7m | Added +38.7k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 379.1k $6.6m | Added +239.8k |
| RICE HALL JAMES & ASSOCIATES, LLC 0.32% of their portfolio | 378.9k $6.6m | New |
| WITTENBERG INVESTMENT MANAGEMENT, INC. 2.19% of their portfolio | 366.9k $6.4m | Added +25.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 355.4k $6.2m | Added +68.7k |
| Redmond Asset Management, LLC 1.44% of their portfolio | 331.6k $5.8m | Added +247.3k |
| Nuveen, LLC 0.00% of their portfolio | 314.9k $5.5m | Added +190.4k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.01% of their portfolio | 307.9k $5.4m | Reduced -18.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 297.4k $5.2m | Added +178.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 287.0k $5.0m | Reduced -126.2k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 273.2k $4.8m | Added +357 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 268.1k $4.7m | Added +93.9k |
| Divisadero Street Capital Management, LP 0.11% of their portfolio | 268.0k $4.7m | New |
| GABELLI FUNDS LLC 0.02% of their portfolio | 186.7k $3.3m | Added +8.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 152.1k $2.6m | Added +117.9k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 152.0k $2.6m | Added +117.0k |
| ABS Investment Management LLC 1.70% of their portfolio | 150.0k $2.6m | First filing |
| ABS Direct Equity Fund LLC 1.66% of their portfolio | 150.0k $2.6m | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 143.2k $2.5m | Added +22.3k |
| HBK INVESTMENTS L P 0.03% of their portfolio | 139.7k $2.4m | New |
| LPL Financial LLC 0.00% of their portfolio | 139.6k $2.4m | Reduced -16.7k |
| Quantinno Capital Management LP 0.00% of their portfolio | 127.1k $2.2m | Added +53.1k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.04% of their portfolio | 126.3k $2.2m | Reduced -2.4k |
| Rock Creek Group LLC 0.22% of their portfolio | 125.0k $2.2m | Added +25.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 118.1k $2.1m | Reduced -552.1k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 97.8k $1.7m | Reduced -19.6k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 87.3k $1.5m | Added +19.3k |
| Walleye Capital LLC 0.01% of their portfolio | 86.8k $1.5m | Added +75.1k |
| BARCLAYS PLC 0.00% of their portfolio | 85.1k $1.5m | Reduced -23.6k |
| GAMCO INVESTORS, INC. ET AL 0.01% of their portfolio | 84.5k $1.5m | Reduced -31.2k |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 82.4k $1.4m | Reduced -649 |
| Invesco Ltd. 0.00% of their portfolio | 82.0k $1.4m | Added +16.1k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 81.3k $1.4m | Reduced -4.4k |
| MARATHON CAPITAL MANAGEMENT 0.28% of their portfolio | 80.0k $1.4m | Reduced -20.9k |
| Manatuck Hill Partners, LLC 0.45% of their portfolio | 77.4k $1.3m | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 75.2k $1.3m | New |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 74.6k $1.3m | Added +42.4k |
| Cannell & Spears LLC 0.02% of their portfolio | 73.3k $1.3m | Reduced -52.2k |
| Walleye Partners, LLC 1.44% of their portfolio | 72.6k $1.3m | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 71.5k $1.2m | Added +33.0k |
| Swiss National Bank 0.00% of their portfolio | 70.4k $1.2m | Reduced -9.7k |
| Palogic Value Management, L.P. 0.43% of their portfolio | 69.1k $1.2m | Reduced -10.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 68.9k $1.2m | Added +13.7k |
| Creative Planning 0.00% of their portfolio | 65.1k $1.1m | Added +15.7k |
| Atom Investors LP 0.09% of their portfolio | 61.0k $1.1m | New |
| XTX Topco Ltd 0.01% of their portfolio | 59.5k $1.0m | Reduced -5.1k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 56.7k $987.4k | Added +5.7k |
| OneDigital Investment Advisors LLC 0.01% of their portfolio | 56.1k $977.3k | Added +42.1k |
| Parallax Volatility Advisers, L.P. 0.04% of their portfolio | 55.0k $958.1k | Unchanged |
| Penbrook Management LLC 0.60% of their portfolio | 53.8k $936.5k | Added +18.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 51.3k $893.5k | Added +13.9k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 49.3k $858.7k | Reduced -51.8k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 48.2k $840.5k | Reduced -4.6k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 48.0k $836.0k | New |
| Quadrature Capital Ltd 0.01% of their portfolio | 47.5k $826.9k | Reduced -30.5k |
| Quantbot Technologies LP 0.03% of their portfolio | 46.1k $803.3k | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 44.0k $765.8k | Added +1.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 43.7k $582.9k | Added +14.0k |
| Willis Investment Counsel 0.03% of their portfolio | 42.1k $732.6k | Reduced -22.5k |
| ExodusPoint Capital Management, LP 0.01% of their portfolio | 41.2k $717.1k | Reduced -13.8k |
| Jump Financial, LLC 0.01% of their portfolio | 40.2k $700.2k | New |
| Inspire Investing, LLC 0.03% of their portfolio | 38.8k $675.7k | Reduced -255 |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 38.6k $673.0k | Reduced -38.6k |
| GSA CAPITAL PARTNERS LLP 0.04% of their portfolio | 37.4k $652.0k | New |
| Centiva Capital, LP 0.02% of their portfolio | 36.4k $633.7k | Added +15.6k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 36.3k $631.9k | Added +20.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 33.3k $580.6k | Reduced -71.6k |