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Institutional Ownership · SEC Form 13F

Who owns PAAS


Which tracked institutional funds hold PAAS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PAAS company fundamentals →

Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

559
Institutional holders
207M
Shares held (tracked funds)

How the tape is positioned

90 tracked funds added or opened PAAS while 246 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.

Conviction spread

PAAS’s largest tracked holder by dollar value, VAN ECK ASSOCIATES CORP, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in PAAS divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.

Institutional & insider positioning

Between 2026-Q1 and 2026-Q2, across 559 tracked filers holding PAAS, 261 increased or opened the position and 314 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.

New buyers & exits

Funds opening or closing a position in PAAS between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.

New buyers 30

  • Jupiter Topco LLC$25M
  • ADAGE CAPITAL PARTNERS GP, L.L.C.$16M
  • NewEdge Advisors, LLC$10M
  • Axxion S.A.$7M
  • Nykredit A/S$7M
  • Danica Pension, Livsforsikringsaktieselskab$6M

Full exits 57

  • ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$184M
  • Amundi$143M
  • INGALLS & SNYDER LLC$97M
  • HRT FINANCIAL LP$77M
  • Evergreen Quality Fund GP, Ltd.$72M
  • Euro Pacific Asset Management, LLC$63M

Largest adds

  • NORGES BANK$120M
  • BlackRock, Inc.$84M
  • MORGAN STANLEY$46M
  • AQR CAPITAL MANAGEMENT LLC$44M
  • BALYASNY ASSET MANAGEMENT L.P.$44M
  • TWO SIGMA INVESTMENTS, LP$44M

Largest trims

  • VAN ECK ASSOCIATES CORP$322M
  • JANE STREET GROUP, LLC$201M
  • FIL Ltd$144M
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.$141M
  • Invesco Ltd.$117M
  • VANGUARD CAPITAL MANAGEMENT LLC$109M

Institutional holders

One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.

FundSharesReported value% of valueQuarter
VAN ECK ASSOCIATES CORP trimmed19,066,671$854M9.8%2026-Q2
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added15,588,063$698M8.1%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC added11,523,430$517M6.0%2026-Q2
BlackRock, Inc. added8,393,564$376M4.3%2026-Q2
Capital International Investors added6,236,775$279M3.2%2026-Q2
NORGES BANK added5,581,737$250M2.9%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added4,929,728$230M2.7%2026-Q2
MORGAN STANLEY added4,792,214$215M2.5%2026-Q2
BANK OF MONTREAL /CAN/ added4,205,059$188M2.2%2026-Q2
MILLENNIUM MANAGEMENT LLC added3,816,589$171M2.0%2026-Q2
VANGUARD FIDUCIARY TRUST CO added3,662,429$164M1.9%2026-Q2
ROYAL BANK OF CANADA trimmed3,564,863$160M1.8%2026-Q2
DIMENSIONAL FUND ADVISORS LP added3,509,099$157M1.8%2026-Q2
JANE STREET GROUP, LLC trimmed3,293,939$148M1.7%2026-Q2
MANUFACTURERS LIFE INSURANCE COMPANY, THE added3,247,246$145M1.7%2026-Q2
CANADA PENSION PLAN INVESTMENT BOARD added3,087,685$138M1.6%2026-Q2
Connor, Clark & Lunn Investment Management Ltd. trimmed2,916,962$131M1.5%2026-Q2
TWO SIGMA INVESTMENTS, LP added2,877,110$129M1.5%2026-Q2
Invesco Ltd. trimmed2,748,996$123M1.4%2026-Q2
TD Asset Management Inc added2,717,447$122M1.4%2026-Q2
JPMORGAN CHASE & CO added2,443,216$109M1.3%2026-Q2
CIBC Asset Management Inc added2,441,826$109M1.3%2026-Q2
First Eagle Investment Management, LLC2,417,389$108M1.2%2026-Q2
JUPITER ASSET MANAGEMENT LTD trimmed2,409,472$108M1.2%2026-Q2
Legal & General Group Plc trimmed2,383,228$107M1.2%2026-Q2
Man Group plc added2,380,804$107M1.2%2026-Q2
Tidal Investments LLC trimmed2,373,805$106M1.2%2026-Q2
RENAISSANCE TECHNOLOGIES LLC added2,261,697$101M1.2%2026-Q2
Ninety One UK Ltd trimmed2,246,088$101M1.2%2026-Q2
MACKENZIE FINANCIAL CORP trimmed2,225,297$141M1.6%2026-Q2
AQR CAPITAL MANAGEMENT LLC added2,190,916$97M1.1%2026-Q2
AMERIPRISE FINANCIAL INC added1,849,697$83M1.0%2026-Q2
SPROTT INC. added1,842,274$83M1.0%2026-Q2
BANK OF AMERICA CORP /DE/ trimmed1,831,607$82M0.9%2026-Q2
TORONTO DOMINION BANK added1,822,194$82M0.9%2026-Q2
Qube Research & Technologies Ltd trimmed1,804,329$81M0.9%2026-Q2
Vanguard Global Advisers, LLC added1,777,169$80M0.9%2026-Q2
DEUTSCHE BANK AG\ added1,776,800$80M0.9%2026-Q2
GOLDMAN SACHS GROUP INC trimmed1,732,011$78M0.9%2026-Q2
AMERICAN CENTURY COMPANIES INC trimmed1,678,076$75M0.9%2026-Q2
UBS Group AG added1,576,238$71M0.8%2026-Q2
FIL Ltd trimmed1,511,441$68M0.8%2026-Q2
Swiss National Bank trimmed1,363,602$61M0.7%2026-Q2
PICTON MAHONEY ASSET MANAGEMENT added1,207,847$54M0.6%2026-Q2
AGF MANAGEMENT LTD added1,186,062$53M0.6%2026-Q2
NATIONAL BANK OF CANADA /FI/ added1,168,425$52M0.6%2026-Q2
CITADEL ADVISORS LLC trimmed1,162,311$52M0.6%2026-Q2
BARCLAYS PLC added1,135,227$51M0.6%2026-Q2
BALYASNY ASSET MANAGEMENT L.P. added1,102,333$49M0.6%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added1,063,446$48M0.5%2026-Q2
Point72 Asset Management, L.P. trimmed1,046,541$47M0.5%2026-Q2
SCHRODER INVESTMENT MANAGEMENT GROUP trimmed1,021,447$46M0.5%2026-Q2
CIBC WORLD MARKET INC. added1,014,334$45M0.5%2026-Q2
VANGUARD ASSET MANAGEMENT, Ltd added825,053$37M0.4%2026-Q2
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed708,135$32M0.4%2026-Q2
GABELLI FUNDS LLC662,100$30M0.3%2026-Q2
Allspring Global Investments Holdings, LLC trimmed657,627$29M0.3%2026-Q2
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main trimmed642,039$29M0.3%2026-Q2
Driehaus Capital Management LLC trimmed641,329$29M0.3%2026-Q2
North of South Capital LLP trimmed598,713$27M0.3%2026-Q2
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added570,127$26M0.3%2026-Q2
Allianz Asset Management GmbH trimmed556,153$30M0.3%2026-Q2
Jupiter Topco LLC new553,979$25M0.3%2026-Q2
TD Waterhouse Canada Inc. added549,236$24M0.3%2026-Q2
BANK OF NOVA SCOTIA trimmed546,867$25M0.3%2026-Q2
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added519,663$23M0.3%2026-Q2
Capital International, Inc./CA/ trimmed505,935$23M0.3%2026-Q2
Hamilton Capital Partners Inc. added499,902$22M0.3%2026-Q2
Bank of New York Mellon Corp added488,559$22M0.3%2026-Q2
Trexquant Investment LP trimmed481,643$22M0.2%2026-Q2
PANAGORA ASSET MANAGEMENT INC added480,973$22M0.2%2026-Q2
Nuveen, LLC added478,521$21M0.2%2026-Q2
Caisse de depot et placement du Quebec added419,522$19M0.2%2026-Q2
AVIVA PLC added380,836$17M0.2%2026-Q2
Groupe la Francaise added380,000$17M0.2%2026-Q2
D. E. Shaw & Co., Inc. added378,633$17M0.2%2026-Q2
GROUP ONE TRADING LLC added368,039$16M0.2%2026-Q2
ADAGE CAPITAL PARTNERS GP, L.L.C. added365,000$16M0.2%2026-Q2
FRANKLIN RESOURCES INC added361,565$16M0.2%2026-Q2
Russell Investments Group, Ltd. added337,657$15M0.2%2026-Q2
CAPITAL FUND MANAGEMENT S.A. trimmed326,698$15M0.2%2026-Q2
WESTWOOD HOLDINGS GROUP INC added302,844$14M0.2%2026-Q2
IMC-Chicago, LLC trimmed297,944$13M0.2%2026-Q2
RAYMOND JAMES FINANCIAL INC trimmed291,470$13M0.2%2026-Q2
Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group286,327$13M0.1%2026-Q2
Bridgewater Associates, LP added277,592$12M0.1%2026-Q2
Zurcher Kantonalbank (Zurich Cantonalbank) added272,389$12M0.1%2026-Q2
BNP PARIBAS FINANCIAL MARKETS added270,485$12M0.1%2026-Q2
BUILDER INVESTMENT GROUP INC /ADV267,444$12M0.1%2026-Q2
Jump Financial, LLC added260,027$12M0.1%2026-Q2
Assenagon Asset Management S.A. added256,742$11M0.1%2026-Q2
Gotham Asset Management, LLC added244,201$11M0.1%2026-Q2
Walleye Trading LLC trimmed242,885$11M0.1%2026-Q2
CITIGROUP INC added241,824$11M0.1%2026-Q2
Leonteq Securities AG added232,381$11M0.1%2026-Q2
Pictet Asset Management Holding SA added231,902$10M0.1%2026-Q2
NewEdge Advisors, LLC added229,888$10M0.1%2026-Q2
INTECH INVESTMENT MANAGEMENT LLC added229,456$10M0.1%2026-Q2
FMR LLC trimmed226,148$10M0.1%2026-Q2
WELLS FARGO & COMPANY/MN trimmed215,737$10M0.1%2026-Q2

Ownership over time

Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.

HoldersTotal shares

Reading this table

Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.

About 13F filings

A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.

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