Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Repay Hldgs Corp (RPAY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -4
Streak
3Q ▼
Buyers last Q
50%

Smart Money Signals — RPAY

Based on 143 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds reduced or closed their RPAY positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 86% of 3.0Y peak

86% of all-time peak
143 funds currently hold this stock — 86% of the 3.0-year high of 166 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 8% fewer funds vs a year ago

fund count last 6Q
13 fewer hedge funds hold RPAY compared to a year ago (-8% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟡

Slight buying edge — 50% buying

78 buying77 selling
Last quarter: 78 funds bought or added vs 77 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.
➡️

Steady new buyers — ~26 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 41 → 21 → 25 → 26. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 24% medium ■ 22% new
77 out of 143 hedge funds have held RPAY 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.
💎

Buying through price weakness — shares -2%, value -30%

Value
-30%
Shares
-2%
Last quarter: funds added -2% more shares while total portfolio value only changed -30%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📊

Peak discovery — momentum slowing

17 → 41 → 21 → 25 → 26 new funds/Q
New funds entering each quarter: 41 → 21 → 25 → 26. RPAY is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 61% veterans vs 30% newcomers

■ 61% veterans ■ 10% 1-2yr ■ 30% new
Entry-cohort mix of 145 holders: 88 (61%) are 2+ year veterans, 14 entered 1–2 years ago, and 43 (30%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 34% AUM from major funds

34% from top-100 AUM funds
38 of 143 holders rank in the top 100 by AUM, accounting for 34% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
2.8
out of 10
Low Exit Risk
Exit risk score 2.8/10 — 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 — RPAY

In 2026 Q1, 78 hedge funds were net buyers of RPAY (26 opened a new position, 52 added to an existing one), while 77 reduced or exited (47 trimmed, 30 sold completely) — a 50% buyer ratio, indicating a slight buying edge. This extends a 3-quarter selling streak, suggesting sustained institutional caution. 34% of total institutional value in RPAY is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 143.

Hedge Fund Ownership: RPAY

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

Market Analysis: RPAY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RPAY

-- --

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

Is It Too Late to Buy Repay Hldgs Corp (RPAY) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much RPAY 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 · 77d ago
RPAY
+31.2%
XLK
+43.9%

RPAY outperformed XLK by -12.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
RPAY
-1.7%
XLK
+8.5%

Since the filing became public, RPAY outperformed XLK by -10.2% .

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.

16 top-rated funds 1 high-conviction
Consensus
5.3
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: RPAY
141 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 141 147 -4.08%
13F Shares 72M 74M -2.19%
Total Value $187M $268M -30.42%
New Positions 24 25 -1
Increased Positions 52 36 +16
Closed Positions 30 38 -8
Reduced Positions 47 73 -26
Total Calls 0 0 -
Total Puts 2 2 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RPAY

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

141 + investors

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

QUARTER:
Top 25 RPAY holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Veradace Capital Management LLC 16.63% 7,192,304 $18.7M
2 Forager Capital Management, LLC 11.96% 9,242,837 $24.0M
3 Whetstone Capital Advisors, LLC 2.43% 2,690,639 $7.0M
4 Sovereign's Capital Management, LLC 1.49% 779,064 $2.0M
5 Villanova Investment Management Co LLC 1.29% 485,219 $1.3M
6 Continental Advisors LLC 0.86% 651,461 $1.7M
7 Pacific Ridge Capital Partners, LLC 0.80% 1,413,377 $3.7M
8 Private Management Group Inc 0.45% 6,075,102 $15.8M
9 Portolan Capital Management, LLC 0.40% 2,856,178 $7.4M
10 Odyssean, LLC 0.14% 145,251 $378K
11 Inspire Investing, LLC 0.04% 187,443 $487K
12 Bridgeway Capital Management, LLC 0.03% 630,504 $1.6M
13 EntryPoint Capital, LLC 0.03% 39,183 $102K
14 Aequim Alternative Investments LP 0.03% 578,484 $1.5M
15 State of Wyoming 0.01% 45,810 $119K
16 Two Sigma Securities, LLC 0.01% 44,242 $115K
17 Caerus Investment Advisors, LLC 0.01% 11,904 $31K
18 Bfsg, LLC 0.01% 46,197 $120K
19 Numerai GP LLC 0.01% 42,233 $110K
20 Empowered Funds, LLC 0.01% 510,504 $1.3M
21 Essential Partners LLC 0.01% 9,612 $25K
22 Graham Capital Management, L.P. 0.01% 117,234 $305K
23 American Century Companies Inc 0.01% 4,087,521 $10.6M
24 Aqr Capital Management LLC 0.00% 3,992,611 $10.4M
25 Ieq Capital, LLC 0.00% 271,509 $706K
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 — Repay Hldgs Corp (RPAY)

What does the Smart Money Trend signal show for RPAY?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their RPAY 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 RPAY?

Slight buying edge — 50% buying: Last quarter: 78 funds bought or added vs 77 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 RPAY holders?

Strong quality — 34% AUM from major funds: 38 of 143 holders rank in the top 100 by AUM, accounting for 34% 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 RPAY?

54% of holders stayed for 2+ years: 77 out of 143 hedge funds have held RPAY 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 Repay Hldgs Corp (RPAY) following the 2026 Q1 hedge fund 13F filings?

As of today, RPAY has moved -1.7% since the 2026 Q1 13F filing date (May 15, 2026), compared to +8.5% for the XLK sector ETF — an outperformance of -10.2%. Since the quarter end (March 31, 2026), RPAY has gained +31.2% vs +43.9% 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.

Full history →