Who owns Paymentus Holdings (PAY)
Which tracked institutional funds hold PAY, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PAY company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
44 tracked funds added or opened PAY while 70 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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
PAY’s largest tracked holder by dollar value, WASATCH ADVISORS LP, sizes it at 1.3% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 1.3pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PAY 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 2025-Q4 and 2026-Q1, across 188 tracked filers holding PAY, 123 increased or opened the position and 96 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 PAY between the 2025-Q4 and 2026-Q1 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 18
- VANGUARD CAPITAL MANAGEMENT LLC$62M
- VANGUARD PORTFOLIO MANAGEMENT LLC$54M
- North Reef Capital Management LP$19M
- JANE STREET GROUP, LLC$14M
- MACKENZIE FINANCIAL CORP$13M
- VANGUARD FIDUCIARY TRUST CO$8M
Full exits 16
- VANGUARD GROUP INC$139M
- Driehaus Capital Management LLC$71M
- ADAMS STREET PARTNERS LLC$7M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$5M
- Shellback Capital, LP$4M
- UNIVERSITY OF TEXAS/TEXAS AM INVESTMENT MANAGEMENT CO$3M
Largest adds
- Capital World Investors$28M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$21M
- MILLENNIUM MANAGEMENT LLC$17M
- CYPRESS POINT INVESTMENT MANAGEMENT LP$13M
- Qube Research & Technologies Ltd$6M
- Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group$5M
Largest trims
- WASATCH ADVISORS LP$70M
- Capital International Investors$67M
- Invesco Ltd.$66M
- CITADEL ADVISORS LLC$12M
- FULLER & THALER ASSET MANAGEMENT, INC.$11M
- PRICE T ROWE ASSOCIATES INC /MD/$10M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| WASATCH ADVISORS LP trimmed | 7,896,896 | $201M | 11.8% | 2026-Q1 |
| Capital International Investors added | 7,069,846 | $171M | 10.1% | 2026-Q2 |
| BlackRock, Inc. added | 4,643,131 | $112M | 6.6% | 2026-Q2 |
| Capital World Investors added | 4,276,060 | $103M | 6.1% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 2,434,592 | $62M | 3.6% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 2,365,011 | $60M | 3.5% | 2026-Q1 |
| BROWN BROTHERS HARRIMAN & CO added | 2,151,588 | $55M | 3.2% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,119,189 | $54M | 3.2% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. added | 1,951,792 | $50M | 2.9% | 2026-Q1 |
| Invesco Ltd. added | 1,250,650 | $30M | 1.8% | 2026-Q2 |
| NEXT CENTURY GROWTH INVESTORS LLC trimmed | 1,158,353 | $29M | 1.7% | 2026-Q1 |
| STATE STREET CORP added | 1,057,980 | $26M | 1.5% | 2026-Q2 |
| LOOMIS SAYLES & CO L P trimmed | 1,004,321 | $26M | 1.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 907,397 | $23M | 1.4% | 2026-Q1 |
| CYPRESS POINT INVESTMENT MANAGEMENT LP added | 839,633 | $21M | 1.3% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 835,799 | $21M | 1.3% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 737,334 | $19M | 1.1% | 2026-Q1 |
| North Reef Capital Management LP new | 734,551 | $19M | 1.1% | 2026-Q1 |
| Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group added | 733,470 | $19M | 1.1% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 702,332 | $18M | 1.1% | 2026-Q1 |
| MARSHALL WACE, LLP added | 710,643 | $17M | 1.0% | 2026-Q2 |
| TimesSquare Capital Management, LLC trimmed | 660,032 | $17M | 1.0% | 2026-Q1 |
| SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed | 641,230 | $16M | 1.0% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 550,877 | $14M | 0.8% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 545,525 | $14M | 0.8% | 2026-Q1 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added | 537,843 | $14M | 0.8% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP new | 506,803 | $13M | 0.8% | 2026-Q1 |
| Palisades Investment Partners, LLC added | 429,134 | $11M | 0.6% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 396,555 | $10M | 0.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 354,244 | $9M | 0.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 349,993 | $9M | 0.5% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed | 342,432 | $9M | 0.5% | 2026-Q1 |
| UBS Group AG added | 335,315 | $9M | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 316,223 | $8M | 0.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 307,422 | $8M | 0.5% | 2026-Q1 |
| FMR LLC trimmed | 307,324 | $7M | 0.4% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND added | 291,210 | $7M | 0.4% | 2026-Q1 |
| Granite Investment Partners, LLC trimmed | 274,844 | $7M | 0.4% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 288,297 | $7M | 0.4% | 2026-Q2 |
| CASTLEARK MANAGEMENT LLC added | 270,770 | $7M | 0.4% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 259,347 | $7M | 0.4% | 2026-Q1 |
| MORGAN STANLEY added | 239,113 | $6M | 0.4% | 2026-Q1 |
| Trexquant Investment LP added | 223,792 | $6M | 0.3% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 219,407 | $5M | 0.3% | 2026-Q2 |
| NORGES BANK added | 188,900 | $5M | 0.3% | 2026-Q2 |
| KORNITZER CAPITAL MANAGEMENT INC /KS added | 167,310 | $4M | 0.3% | 2026-Q1 |
| LORD, ABBETT & CO. LLC trimmed | 167,110 | $4M | 0.3% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 166,101 | $4M | 0.2% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 136,354 | $3M | 0.2% | 2026-Q1 |
| Gotham Asset Management, LLC added | 134,623 | $3M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 125,504 | $3M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 112,289 | $3M | 0.2% | 2026-Q1 |
| Swiss National Bank added | 98,900 | $3M | 0.1% | 2026-Q1 |
| ESSEX INVESTMENT MANAGEMENT CO LLC added | 94,842 | $2M | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 94,767 | $2M | 0.1% | 2026-Q2 |
| GLOBEFLEX CAPITAL L P | 89,740 | $2M | 0.1% | 2026-Q1 |
| OPPENHEIMER ASSET MANAGEMENT INC. trimmed | 89,044 | $2M | 0.1% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 92,746 | $2M | 0.1% | 2026-Q2 |
| PDT Partners, LLC trimmed | 83,947 | $2M | 0.1% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 80,840 | $2M | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 78,258 | $2M | 0.1% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 74,123 | $2M | 0.1% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 72,999 | $2M | 0.1% | 2026-Q1 |
| B. Metzler seel. Sohn & Co. AG trimmed | 71,131 | $2M | 0.1% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 67,064 | $2M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 64,131 | $2M | 0.1% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD trimmed | 59,100 | $2M | 0.1% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH trimmed | 58,670 | $1M | 0.1% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC added | 57,089 | $1M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 58,362 | $1M | 0.1% | 2026-Q2 |
| Brevan Howard Capital Management LP added | 58,284 | $1M | 0.1% | 2026-Q2 |
| Squarepoint Ops LLC trimmed | 53,302 | $1M | 0.1% | 2026-Q1 |
| CITIGROUP INC added | 51,262 | $1M | 0.1% | 2026-Q1 |
| Cerity Partners LLC added | 50,933 | $1M | 0.1% | 2026-Q1 |
| Jain Global LLC new | 50,123 | $1M | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 52,375 | $1M | 0.1% | 2026-Q2 |
| Fieldview Capital Management, LLC new | 49,722 | $1M | 0.1% | 2026-Q1 |
| CAPITAL FUND MANAGEMENT S.A. trimmed | 49,189 | $1M | 0.1% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 51,246 | $1M | 0.1% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 45,013 | $1M | 0.1% | 2026-Q1 |
| Vident Advisory, LLC trimmed | 44,971 | $1M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 4,391,890 | $139M | 8.2% | 2025-Q4 stale |
| Driehaus Capital Management LLC trimmed | 2,239,138 | $71M | 4.2% | 2025-Q4 stale |
| ADAMS STREET PARTNERS LLC added | 223,506 | $7M | 0.4% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC added | 175,046 | $5M | 0.3% | 2025-Q3 stale |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed | 156,823 | $5M | 0.3% | 2025-Q4 stale |
| SUMMIT PARTNERS PUBLIC ASSET MANAGEMENT, LLC added | 158,000 | $5M | 0.3% | 2025-Q3 stale |
| Shellback Capital, LP trimmed | 141,747 | $4M | 0.3% | 2025-Q4 stale |
| UNIVERSITY OF TEXAS/TEXAS AM INVESTMENT MANAGEMENT CO new | 102,758 | $3M | 0.2% | 2025-Q4 stale |
| JUPITER ASSET MANAGEMENT LTD new | 97,583 | $3M | 0.2% | 2025-Q2 stale |
| G2 Investment Partners Management LLC new | 85,100 | $3M | 0.2% | 2025-Q4 stale |
| Advantage Alpha Capital Partners LP trimmed | 77,944 | $3M | 0.2% | 2025-Q2 stale |
| Informed Momentum Co LLC trimmed | 97,155 | $3M | 0.1% | 2025-Q1 stale |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 86,100 | $2M | 0.1% | 2025-Q1 stale |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 64,685 | $2M | 0.1% | 2025-Q2 stale |
| HUSSMAN STRATEGIC ADVISORS, INC. trimmed | 63,000 | $2M | 0.1% | 2025-Q4 stale |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC new | 59,319 | $2M | 0.1% | 2025-Q4 stale |
| XTX Topco Ltd added | 42,164 | $1M | 0.1% | 2025-Q4 stale |
| COMERICA BANK added | 40,544 | $1M | 0.1% | 2025-Q4 stale |
| GSA CAPITAL PARTNERS LLP added | 40,554 | $1M | 0.1% | 2025-Q3 stale |
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.
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.