PayPal Holdings, Inc. sees increased institutional investment

Several institutional investors have recently established or increased positions in PayPal Holdings, Inc. according to recent SEC filings.

During the second quarter, Clear Harbor Asset Management LLC acquired 47,075 shares valued at approximately $2,033,000. Ally Financial Inc. also purchased 94,000 shares during the same period, a position valued at roughly $4,059,000. Additionally, Oversea Chinese Banking Corp Ltd entered a new position with 18,866 shares worth approximately $836,000.

Other major institutional movements include Vanguard Group Inc., which grew its stake by 6.5% to hold over 90 million shares, and the Swiss National Bank, which increased its position by 4.9%. Currently, institutional investors and hedge funds own approximately 68.32% of PayPal's stock.