PAYPAL HLDGS INC PYPL
COM · Common Stock · CUSIP 70450Y103 · ISIN US70450Y1038
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersSan Jose, CA
- Founded2015
- 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 ($146.0m this quarter). Holder counts are more reliable. Shares outstanding: 855.5m as of 2026-07-22, 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 ≈ $43.24. Options: 82 managers hold calls ($3.8bn notional), 45 hold puts ($2.0bn).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,123 |
| Q4 2022 | 2,014 |
| Q1 2023 | 1,966 |
| Q2 2023 | 1,884 |
| Q3 2023 | 1,770 |
| Q4 2023 | 1,845 |
| Q1 2024 | 1,795 |
| Q2 2024 | 1,752 |
| Q3 2024 | 1,882 |
| Q4 2024 | 2,013 |
| Q1 2025 | 1,892 |
| Q2 2025 | 1,875 |
| Q3 2025 | 1,784 |
| Q4 2025 | 1,742 |
| Q1 2026 | 1,505 |
| Q2 2026 | 1,389 |
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 | 899 | 857 |
| Q4 2024 | 822 | 902 |
| Q1 2025 | 879 | 1,006 |
| Q2 2025 | 813 | 949 |
| Q3 2025 | 731 | 961 |
| Q4 2025 | 639 | 1,063 |
| Q1 2026 | 664 | 1,022 |
| Q2 2026 | 495 | 883 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $3.5bn | $3.7bn | 1.05 |
| Q4 2025 | $4.0bn | $3.5bn | 0.86 |
| Q1 2026 | $4.1bn | $2.7bn | 0.66 |
| Q2 2026 | $3.8bn | $2.0bn | 0.52 |
Biggest buyers
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +4.3m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +3.2m |
| BNP PARIBAS FINANCIAL MARKETS | Added | +2.8m |
| FIRST TRUST ADVISORS LP | Added | +2.6m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Added | +2.1m |
| OMERS ADMINISTRATION Corp | Added | +2.0m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Added | +1.8m |
| Optiver Holding B.V. | Added | +1.6m |
| COMMERZBANK AKTIENGESELLSCHAFT /FI | Added | +1.5m |
| Squarepoint Ops LLC | Added | +1.4m |
Biggest sellers
| Amundi | Reduced | -8.1m |
| LOOMIS SAYLES & CO L P | Reduced | -6.1m |
| JANE STREET GROUP, LLC | Reduced | -3.3m |
| FMR LLC | Reduced | -3.2m |
| Black Creek Investment Management Inc. | Sold out | -3.2m |
| CITADEL ADVISORS LLC | Reduced | -3.1m |
| BANK OF AMERICA CORP /DE/ | Reduced | -3.0m |
| BARCLAYS PLC | Reduced | -2.7m |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Reduced | -2.7m |
| Contour Asset Management LLC | Sold out | -2.4m |
Biggest calls
| Great Hill Capital LLC | Added | $935.6m13.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $891.4m20.6m shares |
| CITADEL ADVISORS LLC | Added | $447.4m10.4m shares |
| Optiver Holding B.V. | Added | $331.5m7.7m shares |
| IMC-Chicago, LLC | Reduced | $230.0m5.3m shares |
| JANE STREET GROUP, LLC | Reduced | $180.6m4.2m shares |
| UBS Group AG | Added | $106.6m2.5m shares |
| SIMPLEX TRADING, LLC | Reduced | $72.1m1.7m shares |
| GROUP ONE TRADING LLC | Reduced | $47.2m1.1m shares |
| Qube Research & Technologies Ltd | Reduced | $46.6m1.1m shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $577.2m13.4m shares |
| JANE STREET GROUP, LLC | Reduced | $350.5m8.1m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $292.7m6.8m shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $180.5m41.8k shares |
| Walleye Trading LLC | Added | $71.8m1.7m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $56.1m1.3m shares |
| D. E. Shaw & Co., Inc. | Reduced | $55.8m1.3m shares |
| Capula Management Ltd | Added | $51.3m1.2m shares |
| ADAPT Investment Managers SA | Unchanged | $43.2m1.0m shares |
| Qube Research & Technologies Ltd | Reduced | $30.2m700.3k 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 |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-07-29 | 8.1% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
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 | — | 1 | $176.5k | — |
| Q2 2025 | 0 | — | 3 | $863.0k | $586.0k |
| Q3 2025 | 0 | — | 3 | $1.0m | $554.1k |
| Q4 2025 | 0 | — | 4 | $2.4m | $861.4k |
| Q1 2026 | 0 | — | 3 | $3.8m | $3.8m |
| Q2 2026 | 0 | — | 3 | $1.2m | $1.2m |
| Q3 2026 | 0 | — | 3 | $848.1k | $848.1k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-03 | Keller Frank Pres., Checkout Sol. & PayPal | Sold plan | $255.6k4.6k shares |
| 2026-09-03 | Kereere Suzan President, Global Markets | Sold plan | $188.3k3.4k shares |
| 2026-09-03 | Natali Chris SVP, Chief Accounting Officer | Sold plan | $30.2k552 shares |
| 2026-08-18 | Kereere Suzan President, Global Markets | Sold plan | $253.7k4.2k shares |
| 2026-07-29 | Natali Chris SVP, Chief Accounting Officer | Sold plan | $77.7k1.3k shares |
| 2026-07-29 | Keller Frank Pres., Checkout Sol. & PayPal | Sold plan | $42.5k732 shares |
| 2026-06-03 | Keller Frank Pres., Checkout Sol. & PayPal | Sold plan | $196.2k4.6k shares |
| 2026-06-03 | Kereere Suzan President, Global Markets | Sold plan | $144.6k3.4k shares |
| 2026-06-03 | Natali Chris SVP, Chief Accounting Officer | Sold plan | $23.5k552 shares |
| 2026-05-19 | Kereere Suzan President, Global Markets | Sold plan | $183.9k4.2k shares |
| 2026-04-29 | Keller Frank Pres., Checkout Sol. & PayPal | Sold plan | $536.2k10.7k shares |
| 2026-04-29 | Natali Chris SVP, Chief Accounting Officer | Sold plan | $66.1k1.3k 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 |
|---|---|---|
| BlackRock, Inc. 0.05% of their portfolio | 75.0m $3.2bn | Added +1.3m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 53.6m $2.3bn | Reduced -2.4m |
| STATE STREET CORP 0.05% of their portfolio | 41.2m $1.8bn | Reduced -754.8k |
| Invesco Ltd. 0.11% of their portfolio | 33.4m $1.4bn | Added +1.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 29.4m $1.3bn | Added +3.2m |
| Comprehensive Financial Management LLC 33.94% of their portfolio | 24.0m $1.0bn | Reduced -2.0m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.04% of their portfolio | 22.7m $978.3m | Reduced -2.7m |
| BANK OF AMERICA CORP /DE/ 0.06% of their portfolio | 22.6m $975.6m | Reduced -3.0m |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 11.6m $500.1m | Reduced -520.4k |
| NORGES BANK 0.05% of their portfolio | 11.4m $491.3m | Not comparable |
| MORGAN STANLEY 0.02% of their portfolio | 10.3m $445.8m | Reduced -1.1m |
| PRIMECAP MANAGEMENT CO/CA/ 0.25% of their portfolio | 9.8m $422.1m | Reduced -251.3k |
| NORTHERN TRUST CORP 0.05% of their portfolio | 9.4m $406.2m | Reduced -424.7k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 8.6m $370.9m | Reduced -591.1k |
| FIRST TRUST ADVISORS LP 0.20% of their portfolio | 7.7m $333.1m | Added +2.6m |
| BNP PARIBAS FINANCIAL MARKETS 0.16% of their portfolio | 7.0m $300.8m | Added +2.8m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 6.7m $288.8m | Added +241.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.05% of their portfolio | 6.6m $284.7m | Added +128.4k |
| Legal & General Group Plc 0.06% of their portfolio | 6.6m $283.9m | Reduced -579.7k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 5.8m $251.2m | Reduced -430.7k |
| Amundi 0.06% of their portfolio | 5.7m $245.0m | Reduced -8.1m |
| UBS Group AG 0.04% of their portfolio | 5.4m $231.9m | Reduced -266.1k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.12% of their portfolio | 5.0m $214.5m | Added +4.3m |
| Allianz Asset Management GmbH 0.22% of their portfolio | 4.9m $213.2m | Added +1.1m |
| VANGUARD FIDUCIARY TRUST CO 0.04% of their portfolio | 4.7m $202.4m | Reduced -201.4k |
| CITADEL ADVISORS LLC 0.11% of their portfolio | 4.3m $187.0m | Reduced -3.1m |
| LSV ASSET MANAGEMENT 0.33% of their portfolio | 4.2m $181.1m | Added +391.9k |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 4.0m $173.5m | Reduced -127.2k |
| CITIGROUP INC 0.08% of their portfolio | 4.0m $170.8m | Reduced -270.0k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 3.9m $169.0m | Reduced -265.9k |
| FMR LLC 0.01% of their portfolio | 3.7m $159.1m | Reduced -3.2m |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.5m $157.5m | Reduced -2.0m |
| VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio | 3.3m $144.5m | Added +218.3k |
| EQUITY INVESTMENT CORP 2.72% of their portfolio | 3.3m $142.4m | Added +166.0k |
| BARCLAYS PLC 0.04% of their portfolio | 3.3m $140.7m | Reduced -2.7m |
| HSBC HOLDINGS PLC 0.07% of their portfolio | 3.2m $139.8m | Added +470.2k |
| Lindsell Train Ltd 5.19% of their portfolio | 3.2m $136.6m | Reduced -1.0m |
| SG Americas Securities, LLC 0.08% of their portfolio | 3.1m $134.8m | Reduced -1.8m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.13% of their portfolio | 3.1m $132.1m | Added +1.8m |
| Nuveen, LLC 0.03% of their portfolio | 2.7m $116.3m | Reduced -213.7k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.15% of their portfolio | 2.5m $106.0m | Added +610.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.45% of their portfolio | 2.4m $104.9m | Added +2.1m |
| Swiss National Bank 0.05% of their portfolio | 2.4m $104.1m | Reduced -198.1k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 2.4m $103.7m | Reduced -67.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.06% of their portfolio | 2.4m $103.1m | Reduced -149.2k |
| YACKTMAN ASSET MANAGEMENT LP 1.24% of their portfolio | 2.3m $100.1m | Added +26.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.05% of their portfolio | 2.3m $97.4m | Added +141.3k |
| Robeco Institutional Asset Management B.V. 0.12% of their portfolio | 2.2m $94.6m | Added +1.3m |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio | 2.2m $94.6m | Added +756.9k |
| Public Sector Pension Investment Board 0.25% of their portfolio | 2.2m $94.1m | Added +1.3m |
| First Pacific Advisors, LP 1.14% of their portfolio | 2.1m $92.3m | Added +746.4k |
| OMERS ADMINISTRATION Corp 0.53% of their portfolio | 2.0m $88.1m | Added +2.0m |
| California Public Employees Retirement System 0.05% of their portfolio | 2.0m $84.8m | Added +133.4k |
| Vanguard Global Advisers, LLC 0.04% of their portfolio | 1.8m $76.6m | Reduced -77.4k |
| National Pension Service 0.05% of their portfolio | 1.8m $76.5m | Added +192.5k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 1.7m $73.2m | Reduced -142.0k |
| RHUMBLINE ADVISERS 0.05% of their portfolio | 1.7m $72.7m | Reduced -117.9k |
| Optiver Holding B.V. 1.02% of their portfolio | 1.7m $71.5m | Added +1.6m |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 1.6m $68.9m | Reduced -91.7k |
| CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.29% of their portfolio | 1.6m $67.4m | Added +1.4m |
| Squarepoint Ops LLC 0.13% of their portfolio | 1.5m $66.6m | Added +1.4m |
| Gotham Asset Management, LLC 0.15% of their portfolio | 1.5m $66.4m | Added +218.0k |
| OFI INVEST ASSET MANAGEMENT 0.58% of their portfolio | 1.5m $57.7m | Reduced -1.9m |
| COMMERZBANK AKTIENGESELLSCHAFT /FI 1.30% of their portfolio | 1.5m $65.1m | Added +1.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 1.4m $62.1m | Reduced -122.5k |
| DME Capital Management, LP 1.57% of their portfolio | 1.4m $61.5m | New |
| Quantinno Capital Management LP 0.07% of their portfolio | 1.4m $59.1m | Added +248.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.04% of their portfolio | 1.3m $57.1m | Reduced -93.2k |
| D. E. Shaw & Co., Inc. 0.04% of their portfolio | 1.3m $57.1m | Added +200.7k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 1.3m $56.8m | Added +306.0k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 1.06% of their portfolio | 1.3m $56.3m | Added +754.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.05% of their portfolio | 1.3m $55.9m | Reduced -56.9k |
| BANK OF NOVA SCOTIA 0.08% of their portfolio | 1.3m $55.9m | Added +1.1m |
| COATUE MANAGEMENT LLC 0.11% of their portfolio | 1.2m $53.7m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 1.2m $52.7m | Added +1.0m |
| Capula Management Ltd 0.22% of their portfolio | 1.2m $50.8m | Added +1.2m |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.08% of their portfolio | 1.1m $49.2m | Reduced -19.9k |
| Man Group plc 0.09% of their portfolio | 1.1m $47.5m | Added +763.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.1m $46.9m | Reduced -40.2k |
| Caisse de depot et placement du Quebec 0.07% of their portfolio | 1.1m $46.6m | Added +580.7k |
| ProShare Advisors LLC 0.06% of their portfolio | 1.0m $44.0m | Reduced -335.2k |
| Saudi Central Bank 0.74% of their portfolio | 1.0m $56.5m | Added +27.0k |
| Rockefeller Capital Management L.P. 0.07% of their portfolio | 1.0m $43.7m | Added +292.3k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.0m $45.5m | Added +47.6k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 1.0m $43.2m | Added +247.3k |
| CANADA LIFE ASSURANCE Co 0.07% of their portfolio | 979.8k $42.2m | Reduced -19.1k |
| Vontobel Holding Ltd. 0.14% of their portfolio | 964.3k $41.6m | Added +34.8k |
| CREDIT AGRICOLE S A 0.10% of their portfolio | 929.8k $40.1m | Added +776.1k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 923.8k $39.9m | Reduced -252.6k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 902.2k $39.0m | Reduced -503.9k |
| Mitsubishi UFJ Trust & Banking Corp 0.08% of their portfolio | 871.4k $37.6m | Added +201.0k |
| SEIZERT CAPITAL PARTNERS, LLC 1.55% of their portfolio | 871.0k $37.6m | Reduced -44.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 845.1k $36.5m | Reduced -49.5k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 837.9k $36.2m | Added +235.2k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.08% of their portfolio | 837.5k $36.2m | Reduced -9.7k |
| PFA Pension, Forsikringsaktieselskab 0.09% of their portfolio | 822.0k $35.5m | Reduced -338 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.06% of their portfolio | 820.0k $35.4m | Reduced -13.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.04% of their portfolio | 807.4k $34.9m | Reduced -99.6k |
| Quinn Opportunity Partners LLC 1.62% of their portfolio | 804.2k $34.7m | Unchanged |
| Russell Investments Group, Ltd. 0.03% of their portfolio | 801.3k $34.8m | Reduced -49.2k |