Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Payoneer Global Inc (PAYO)

294 + Investors. Track Smart Money conviction in PAYO. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +22
Streak
1Q ▲
Buyers last Q
50%

Smart Money Signals — PAYO

Based on 299 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added PAYO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
299 hedge funds hold PAYO right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +9% more funds vs a year ago

fund count last 6Q
+25 new funds entered over the past year (+9% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 50% buying

157 buying155 selling
Last quarter: 157 funds bought or added vs 155 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+26 vs last Q)

new funds entering per quarter
Funds opening a new PAYO position: 39 → 50 → 53 → 79. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

48% of holders stayed for 2+ years

■ 48% conviction (2yr+) ■ 23% medium ■ 29% new
143 out of 299 hedge funds have held PAYO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +82% but shares only +6% — price-driven

Value
+81%
Shares
+6%
Last quarter: the total dollar value of institutional holdings rose +82%, but actual share count only changed +6%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

39 → 39 → 50 → 53 → 79 new funds/Q
New funds entering each quarter: 39 → 50 → 53 → 79. A growing number of institutions are discovering PAYO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 56% veterans vs 28% newcomers

■ 56% veterans ■ 16% 1-2yr ■ 28% new
Entry-cohort mix of 307 holders: 173 (56%) are 2+ year veterans, 49 entered 1–2 years ago, and 85 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
52 of 296 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PAYO

In 2026 Q2, 157 hedge funds were net buyers of PAYO (79 opened a new position, 78 added to an existing one), while 155 reduced or exited (98 trimmed, 57 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 38% of total institutional value in PAYO is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +22 funds (more new holders than closures). Total institutional holders: 299.

Hedge Fund Ownership: PAYO

How many hedge funds hold PAYO — quarterly history vs. share price
Quarterly hedge fund ownership of PAYO vs. share price

Market Analysis: PAYO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PAYO

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Payoneer Global Inc (PAYO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PAYO has moved relative to its sector benchmark (XLK) since the 2026 Q3 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End September 30, 2026 · 39d ago
PAYO
+0.1%
XLK
+24.4%

PAYO outperformed XLK by -24.3% since September 30, 2026.

Since 13F Filing Date November 14, 2026 · -6d ago
PAYO
+0.0%
XLK
+0.0%

Since the filing became public, PAYO outperformed XLK by +0.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 1 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: PAYO
2026 Q3 Stats Unlock in 11 days 294 + Investors

Track Smart Money conviction in PAYO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 294 277 6.14%
13F Shares 303M 287M 5.67%
Total Value $2.12B $1.33B 59.6%
New Positions 79 53 +26
Increased Positions 74 89 -15
Closed Positions 59 61 -2
Reduced Positions 97 92 +5
Total Calls 6 2 200.0%
Total Puts 5 4 25.0%
PUT/CALL Ratio 0.83 2.0 Neutral

Statistics: PAYO

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
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Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q2)

294 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PAYO. Verified SEC 13F-HR filings.

QUARTER:
Top 25 PAYO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Susquehanna Capital Management, LLC 100.00% 20,546,965 $146.3M
2 Technology Crossover Management VIII, Ltd. 70.37% 34,197,116 $243.5M
3 Battery Global Advisors, LLC 8.52% 2,390,975 $17.0M
4 Tikvah Management LLC 1.67% 771,939 $5.5M
5 TIG Advisors, LLC 0.93% 2,935,174 $20.9M
6 VARCOV Co. 0.62% 228,902 $1.6M
7 GABELLI & Co INVESTMENT ADVISERS, INC. 0.52% 506,688 $3.6M
8 Jasper Ridge Partners, L.P. 0.48% 3,141,320 $22.4M
9 Magnetar Financial LLC 0.46% 7,109,868 $50.6M
10 Alpine Associates Management INC. 0.45% 1,000,000 $7.1M
11 Pentwater Capital Management LP 0.43% 9,888,410 $70.4M
12 Harvest Management LLC 0.41% 145,000 $1.0M
13 Abc Arbitrage SA 0.38% 495,773 $3.5M
14 Aspen Capital Management, LLC 0.31% 194,222 $1.4M
15 Isthmus Partners, LLC 0.30% 433,702 $3.1M
16 Soros Fund Management LLC 0.28% 3,200,000 $22.8M
17 Kryger Capital LLC 0.27% 668,921 $4.8M
18 AQR Arbitrage LLC 0.21% 2,025,659 $14.4M
19 Olympiad Research LP 0.17% 11,784 $84K
20 Water Island Capital LLC 0.17% 258,216 $1.8M
21 WINTON GROUP Ltd 0.14% 607,551 $4.3M
22 Nantahala Capital Management, LLC 0.11% 483,836 $3.4M
23 Sage Mountain Advisors LLC 0.11% 257,283 $1.8M
24 BNP Paribas Asset Management Holding S.A. 0.10% 13,722,257 $97.7M
25 AdvisorShares Investments LLC 0.09% 101,200 $721K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Stocks with similar institutional ownership

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Frequently Asked Questions — Payoneer Global Inc (PAYO)

What does the Smart Money Trend signal show for PAYO?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added PAYO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PAYO?

Slight buying edge — 50% buying: Last quarter: 157 funds bought or added vs 155 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PAYO holders?

Strong quality — 38% AUM from major funds: 52 of 296 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PAYO?

48% of holders stayed for 2+ years: 143 out of 299 hedge funds have held PAYO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Payoneer Global Inc (PAYO) following the 2026 Q3 hedge fund 13F filings?

As of today, PAYO has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the XLK sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), PAYO has gained +0.1% vs +24.4% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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