Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Payoneer Global Inc (PAYO)

275 + 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
↓ -9
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — PAYO

Based on 276 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their PAYO positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
276 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding PAYO is almost the same as a year ago (+2 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 48% buying

143 buying154 selling
Last quarter: 154 funds reduced or exited vs 143 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~52 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 39 → 38 → 50 → 52. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 25% medium ■ 21% new
147 out of 276 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.
📈

Growing discovery — still being found

54 → 39 → 38 → 50 → 52 new funds/Q
New funds entering each quarter: 39 → 38 → 50 → 52. A growing number of institutions are discovering PAYO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 59% veterans vs 25% newcomers

■ 59% veterans ■ 16% 1-2yr ■ 25% new
Entry-cohort mix of 282 holders: 167 (59%) are 2+ year veterans, 45 entered 1–2 years ago, and 70 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
53 of 276 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 Q1, 143 hedge funds were net buyers of PAYO (52 opened a new position, 91 added to an existing one), while 154 reduced or exited (93 trimmed, 61 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 30% of total institutional value in PAYO is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -9 funds (more exits than new entries). Total institutional holders: 276.

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 Q1 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 March 31, 2026 · 76d ago
PAYO
+39.8%
XLK
+39.1%

PAYO outperformed XLK by +0.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
PAYO
+46.7%
XLK
+4.8%

Since the filing became public, PAYO outperformed XLK by +41.9% .

Interpretation: The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

26 top-rated funds 1 high-conviction
Consensus
6.2
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: PAYO
275 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 275 285 -3.51%
13F Shares 285M 313M -8.7%
Total Value $1.32B $1.69B -22.02%
New Positions 51 50 +1
Increased Positions 89 96 -7
Closed Positions 61 45 +16
Reduced Positions 92 99 -7
Total Calls 2 4 -50.0%
Total Puts 4 3 33.33%
PUT/CALL Ratio 2.0 0.75 Bearish

Statistics: PAYO

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Institutional Holders (2026 Q1)

275 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Susquehanna Capital Management, LLC 100.00% 20,546,965 $99.2M
2 Technology Crossover Management VIII, Ltd. 55.35% 34,197,116 $165.2M
3 Battery Global Advisors, LLC 7.50% 2,890,975 $14.0M
4 Tikvah Management LLC 3.09% 2,064,072 $10.0M
5 1492 Capital Management LLC 0.71% 386,452 $1.9M
6 Legion Partners Asset Management, LLC 0.59% 169,636 $819K
7 Jasper Ridge Partners, L.P. 0.34% 3,141,320 $15.2M
8 Kerrisdale Advisers, LLC 0.30% 162,825 $786K
9 Isthmus Partners, LLC 0.28% 545,096 $2.6M
10 Aspen Capital Management, LLC 0.23% 194,222 $938K
11 Alpha Wave Global, LP 0.14% 223,855 $1.1M
12 Temasek Holdings (Private) Ltd 0.11% 6,725,231 $32.5M
13 Nantahala Capital Management, LLC 0.09% 483,836 $2.3M
14 Numerai GP LLC 0.08% 174,366 $842K
15 BNP Paribas Asset Management Holding S.A. 0.08% 13,734,583 $66.3M
16 XTX Topco Ltd 0.07% 812,448 $3.9M
17 Trexquant Investment LP 0.05% 1,302,074 $6.3M
18 New Age Alpha Advisors, LLC 0.04% 169,887 $821K
19 Fiera Capital Corp 0.04% 2,234,477 $10.8M
20 Brooklyn Investment Group 0.04% 243,764 $1.2M
21 Empirical Asset Management, LLC 0.03% 27,473 $133K
22 Nebula Research & Development LLC 0.03% 54,165 $371K
23 Gen-Wealth Partners Inc 0.03% 20,072 $97K
24 Jacobs Levy Equity Management, Inc 0.03% 1,388,861 $6.7M
25 Parallel Advisors, LLC 0.02% 258,921 $1.3M
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

Frequently Asked Questions — Payoneer Global Inc (PAYO)

What does the Smart Money Trend signal show for PAYO?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their PAYO positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for PAYO?

More sellers than buyers — 48% buying: Last quarter: 154 funds reduced or exited vs 143 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for PAYO holders?

Strong quality — 30% AUM from major funds: 53 of 276 holders rank in the top 100 by AUM, accounting for 30% 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?

53% of holders stayed for 2+ years: 147 out of 276 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 Q1 hedge fund 13F filings?

As of today, PAYO has moved +46.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLK sector ETF — an outperformance of +41.9%. Since the quarter end (March 31, 2026), PAYO has gained +39.8% vs +39.1% for XLK. The stock has significantly outperformed its sector benchmark — the original entry opportunity has largely been captured by earlier investors.

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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