Who owns PaySign, Inc. (PAYS)
Which tracked institutional funds hold PAYS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PAYS 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
The tracked-fund tape on PAYS is one-sided between 2025-Q4 and 2026-Q1: 29 added or opened and 8 trimmed or exited — on balance accumulating.
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
PAYS’s largest tracked holder by dollar value, Topline Capital Management, LLC, sizes it at 4.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 4.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in PAYS 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 112 tracked filers holding PAYS, 63 increased or opened the position and 53 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 PAYS 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 6
- VANGUARD CAPITAL MANAGEMENT LLC$9M
- VANGUARD FIDUCIARY TRUST CO$1M
- VANGUARD PORTFOLIO MANAGEMENT LLC$1M
- Walleye Capital LLC$1M
- Centiva Capital, LP$875K
- FNY Investment Advisers, LLC$725K
Full exits 5
- VANGUARD GROUP INC$10M
- Kestra Advisory Services, LLC$3M
- TWO SIGMA ADVISERS, LP$857K
- Point72 Asset Management, L.P.$763K
- PRINCIPAL FINANCIAL GROUP INC$520K
Largest adds
- PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.$5M
- THOMPSON SIEGEL & WALMSLEY LLC$2M
- RENAISSANCE TECHNOLOGIES LLC$2M
- BlackRock, Inc.$2M
- MILLENNIUM MANAGEMENT LLC$2M
- JANE STREET GROUP, LLC$1M
Largest trims
- Topline Capital Management, LLC$977K
- JPMORGAN CHASE & CO$674K
- MORGAN STANLEY$579K
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 |
|---|---|---|---|---|
| Topline Capital Management, LLC trimmed | 4,639,061 | $27M | 15.4% | 2026-Q1 |
| BlackRock, Inc. trimmed | 2,351,648 | $14M | 7.8% | 2026-Q1 |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. added | 2,058,210 | $12M | 6.8% | 2026-Q1 |
| THOMPSON SIEGEL & WALMSLEY LLC added | 1,666,950 | $10M | 5.5% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 1,531,072 | $9M | 5.1% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,485,858 | $9M | 4.9% | 2026-Q1 |
| Palisades Investment Partners, LLC added | 993,896 | $6M | 3.3% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 828,089 | $5M | 2.8% | 2026-Q1 |
| ROYCE & ASSOCIATES LP | 778,183 | $5M | 2.6% | 2026-Q1 |
| STATE STREET CORP added | 644,467 | $4M | 2.1% | 2026-Q1 |
| Joule Financial, LLC | 614,175 | $4M | 2.0% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 575,619 | $3M | 1.9% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 535,662 | $3M | 1.8% | 2026-Q1 |
| 1248 Management, LLC | 497,435 | $3M | 1.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 443,814 | $3M | 1.5% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 423,605 | $2M | 1.4% | 2026-Q1 |
| AWM Investment Company, Inc. added | 385,965 | $2M | 1.3% | 2026-Q1 |
| NEW YORK STATE COMMON RETIREMENT FUND | 385,732 | $2M | 1.3% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 348,990 | $2M | 1.2% | 2026-Q1 |
| Squarepoint Ops LLC added | 347,209 | $2M | 1.2% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 328,847 | $2M | 1.1% | 2026-Q1 |
| PANAGORA ASSET MANAGEMENT INC added | 249,544 | $1M | 0.8% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 248,872 | $1M | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 240,879 | $1M | 0.8% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 209,708 | $1M | 0.7% | 2026-Q1 |
| Walleye Capital LLC added | 188,143 | $1M | 0.6% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 169,760 | $1M | 0.6% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 168,494 | $994K | 0.6% | 2026-Q1 |
| GSA CAPITAL PARTNERS LLP added | 153,026 | $903K | 0.5% | 2026-Q1 |
| Centiva Capital, LP added | 148,292 | $875K | 0.5% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 130,930 | $772K | 0.4% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD added | 126,455 | $746K | 0.4% | 2026-Q1 |
| FNY Investment Advisers, LLC new | 123,000 | $725K | 0.4% | 2026-Q1 |
| OneDigital Investment Advisors LLC | 107,077 | $632K | 0.4% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 102,645 | $606K | 0.3% | 2026-Q1 |
| State of Wyoming added | 102,283 | $603K | 0.3% | 2026-Q1 |
| STRS OHIO | 99,600 | $588K | 0.3% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 91,037 | $537K | 0.3% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 88,670 | $523K | 0.3% | 2026-Q1 |
| MORGAN STANLEY trimmed | 83,086 | $490K | 0.3% | 2026-Q1 |
| Militia Capital Management LLC new | 79,800 | $471K | 0.3% | 2026-Q1 |
| Nuveen, LLC added | 73,501 | $434K | 0.2% | 2026-Q1 |
| Allspring Global Investments Holdings, LLC added | 65,853 | $389K | 0.2% | 2026-Q1 |
| UBS Group AG added | 63,307 | $374K | 0.2% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. new | 56,502 | $333K | 0.2% | 2026-Q1 |
| Penbrook Management LLC added | 55,785 | $329K | 0.2% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 52,968 | $313K | 0.2% | 2026-Q1 |
| SIMPLEX TRADING, LLC added | 51,003 | $301K | 0.2% | 2026-Q1 |
| BARD ASSOCIATES INC added | 47,697 | $281K | 0.2% | 2026-Q1 |
| Hennion & Walsh Asset Management, Inc. new | 44,172 | $261K | 0.1% | 2026-Q1 |
| XTX Topco Ltd added | 40,245 | $237K | 0.1% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 39,674 | $234K | 0.1% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 35,993 | $212K | 0.1% | 2026-Q1 |
| Quantinno Capital Management LP trimmed | 32,357 | $191K | 0.1% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC new | 30,325 | $179K | 0.1% | 2026-Q1 |
| Arista Wealth Management, LLC | 29,285 | $173K | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO new | 28,644 | $169K | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ | 25,834 | $152K | 0.1% | 2026-Q1 |
| ZACKS INVESTMENT MANAGEMENT | 24,725 | $146K | 0.1% | 2026-Q1 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 23,707 | $140K | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. | 27,030 | $139K | 0.1% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 22,789 | $134K | 0.1% | 2026-Q1 |
| Graham Capital Management, L.P. trimmed | 22,111 | $130K | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 22,208 | $128K | 0.1% | 2026-Q1 |
| CONNORS INVESTOR SERVICES INC trimmed | 21,000 | $124K | 0.1% | 2026-Q1 |
| FEDERATED HERMES, INC. trimmed | 19,918 | $118K | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 18,928 | $112K | 0.1% | 2026-Q1 |
| Invesco Ltd. trimmed | 18,691 | $110K | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 1,866,316 | $10M | 5.4% | 2025-Q4 stale |
| Kestra Advisory Services, LLC trimmed | 614,175 | $3M | 1.8% | 2025-Q4 stale |
| Informed Momentum Co LLC added | 218,616 | $2M | 0.9% | 2025-Q2 stale |
| Precision Wealth Strategies, LLC new | 160,996 | $1M | 0.6% | 2025-Q3 stale |
| Cubist Systematic Strategies, LLC added | 151,188 | $951K | 0.5% | 2025-Q3 stale |
| SCOTIA CAPITAL INC. added | 121,562 | $875K | 0.5% | 2025-Q2 stale |
| TWO SIGMA ADVISERS, LP trimmed | 166,500 | $857K | 0.5% | 2025-Q4 stale |
| Point72 Asset Management, L.P. added | 148,125 | $763K | 0.4% | 2025-Q4 stale |
| Numerai GP LLC added | 114,992 | $723K | 0.4% | 2025-Q3 stale |
| Total Clarity Wealth Management, Inc. added | 95,152 | $599K | 0.3% | 2025-Q3 stale |
| PRINCIPAL FINANCIAL GROUP INC added | 100,955 | $520K | 0.3% | 2025-Q4 stale |
| PharVision Advisers, LLC added | 86,588 | $446K | 0.3% | 2025-Q4 stale |
| Perritt Capital Management Inc added | 80,000 | $412K | 0.2% | 2025-Q4 stale |
| Rothschild Wealth LLC new | 80,000 | $412K | 0.2% | 2025-Q4 stale |
| Brendel Financial Advisors LLC new | 46,938 | $338K | 0.2% | 2025-Q2 stale |
| GLOBEFLEX CAPITAL L P | 39,900 | $287K | 0.2% | 2025-Q2 stale |
| OCCUDO QUANTITATIVE STRATEGIES LP added | 39,453 | $284K | 0.2% | 2025-Q2 stale |
| MANGROVE PARTNERS IM, LLC new | 52,678 | $271K | 0.2% | 2025-Q4 stale |
| AMERIPRISE FINANCIAL INC trimmed | 49,869 | $257K | 0.1% | 2025-Q4 stale |
| Bridge City Capital, LLC trimmed | 107,927 | $229K | 0.1% | 2025-Q1 stale |
| Corton Capital Inc. new | 35,335 | $222K | 0.1% | 2025-Q3 stale |
| MYDA Advisors LLC new | 30,000 | $216K | 0.1% | 2025-Q2 stale |
| Quantbot Technologies LP added | 33,625 | $212K | 0.1% | 2025-Q3 stale |
| Verition Fund Management LLC added | 32,931 | $207K | 0.1% | 2025-Q3 stale |
| North Star Investment Management Corp. new | 38,000 | $196K | 0.1% | 2025-Q4 stale |
| NewEdge Advisors, LLC added | 37,896 | $195K | 0.1% | 2025-Q4 stale |
| CreativeOne Wealth, LLC new | 25,317 | $182K | 0.1% | 2025-Q2 stale |
| Engineers Gate Manager LP added | 34,063 | $175K | 0.1% | 2025-Q4 stale |
| MARSHALL WACE, LLP trimmed | 21,341 | $134K | 0.1% | 2025-Q3 stale |
| WINTON GROUP Ltd trimmed | 55,181 | $117K | 0.1% | 2025-Q1 stale |
| R Squared Ltd added | 14,956 | $108K | 0.1% | 2025-Q2 stale |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 20,822 | $107K | 0.1% | 2025-Q4 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.