Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in PAYS held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Topline Capital Management, LLC | 4.6M | $27.4M | -15.7% | 8.298% | 4.52% |
| 2 | BlackRock, Inc. | 2.4M | $13.9M | -1.1% | 4.206% | 0.00% |
| 3 | PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | 2.1M | $12.1M | +40.7% | 3.682% | 0.70% |
| 4 | RENAISSANCE TECHNOLOGIES LLC | 1.5M | $9.0M | +17.4% | 2.739% | 0.01% |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 1.5M | $8.8M | β | 2.658% | 0.00% |
| 6 | Palisades Investment Partners, LLC | 994K | $5.9M | +7.5% | 1.778% | 2.30% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 828K | $4.9M | +3.8% | 1.481% | 0.00% |
| 8 | ROYCE & ASSOCIATES LP | 778K | $4.6M | 0.0% | 1.392% | 0.05% |
| 9 | STATE STREET CORP | 644K | $3.8M | +2.5% | 1.153% | 0.00% |
| 10 | Joule Financial, LLC | 614K | $3.6M | 0.0% | 1.099% | 1.06% |
| 11 | DIMENSIONAL FUND ADVISORS LP | 576K | $3.4M | +16.8% | 1.030% | 0.00% |
| 12 | TWO SIGMA INVESTMENTS, LP | 536K | $3.2M | +41.8% | 0.958% | 0.00% |
| 13 | 1248 Management, LLC | 497K | $2.9M | 0.0% | 0.890% | 1.36% |
| 14 | GOLDMAN SACHS GROUP INC | 444K | $2.6M | +28.7% | 0.794% | 0.00% |
| 15 | AWM Investment Company, Inc. | 386K | $2.3M | +14.8% | 0.690% | 0.25% |
| 16 | NEW YORK STATE COMMON RETIREMENT FUND | 386K | $2.3M | 0.0% | 0.690% | 0.00% |
| 17 | JACOBS LEVY EQUITY MANAGEMENT, INC | 349K | $2.1M | +11.3% | 0.624% | 0.01% |
| 18 | Squarepoint Ops LLC | 347K | $2.0M | +77.5% | 0.621% | 0.00% |
| 19 | MILLENNIUM MANAGEMENT LLC | 329K | $1.9M | +346.4% | 0.588% | 0.00% |
| 20 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 253K | $1.5M | +139.7% | 0.452% | 0.00% |
| 21 | PANAGORA ASSET MANAGEMENT INC | 250K | $1.5M | +40.6% | 0.446% | 0.01% |
| 22 | NORTHERN TRUST CORP | 249K | $1.5M | -2.6% | 0.445% | 0.00% |
| 23 | VANGUARD FIDUCIARY TRUST CO | 241K | $1.4M | β | 0.431% | 0.00% |
| 24 | CITADEL ADVISORS LLC | 217K | $1.3M | -24.5% | 0.387% | 0.00% |
| 25 | VANGUARD PORTFOLIO MANAGEMENT LLC | 210K | $1.2M | β | 0.375% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in PAYS β a direct measure of their conviction.
Filings activity in PAYS during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new PAYS position in Q1 2026
Institutions that fully closed their PAYS position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 108 | 5.3% | 35.90% | +4.33 pp | $140M | +14% |
| Q4 2025 | 114 | 2.6% | 31.57% | 5.73 pp | $123M | 15% |
| Q3 2025 | 117 | +23% | 37.30% | +1.42 pp | $146M | +4.0% |
| Q2 2025 | 95 | +22% | 35.88% | +26.55 pp | $140M | +285% |
| Q1 2025 | 78 | 14% | 9.33% | 185.44 pp | $36M | 95% |
| Q4 2024 | 91 | +1.1% | 194.77% | +166.35 pp | $761M | +585% |
| Q3 2024 | 90 | +27% | 28.42% | +17.56 pp | $111M | +162% |
| Q2 2024 | 71 | β | 10.86% | β | $42M | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying PAYS stock.
Based on Q1 2026 13F filings, institutional ownership of PaySign, Inc. stands at 35.9%, held across 108 reporting institutions.
Topline Capital Management, LLC is the largest reported institutional holder of PAYS, with approximately 4,639,061 shares worth $0.03B as of Q1 2026.
Yes β 5 widely-followed marquee investors appear among the top 25 institutional holders of PAYS, including RENAISSANCE TECHNOLOGIES LLC, TWO SIGMA INVESTMENTS, LP, MILLENNIUM MANAGEMENT LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP, CITADEL ADVISORS LLC.
Our composite Smart Money Score for PAYS is 71 out of 100 (Bullish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
22 institutions opened new positions in PAYS during Q1 2026, while 28 fully exited. 68 added to existing positions and 16 trimmed.
PAYS institutional ownership rose by 4.33 percentage points quarter-over-quarter, with a net change of -6 holders.
The top 10 institutions account for 67.0% of all reported 13F value in PAYS, and the top 25 account for 89.1%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
PaySign, Inc. (PAYS) Institutional Ownership