PayPay Securities Corp

Other Low signal CIK 1908623
Long book
$2.9M
Q1 2026
Positions
301
Top-10 weight
32%
concentration
Last quarter
+32.9%
SPY +14.8%
Turnover
8%
of book per quarter

Strategy in plain words

auto-generated from filings

PayPay Securities Corp is an institutional manager, running a $2.9M US long book across 301 positions.

The portfolio is moderately concentrated (top 10 ≈ 32% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: DIREX DAIL SEMI BU 3X ET-USD, DIREXION DAILY S&P 500 BULL, PROSHARES ULTRAPRO QQQ, NVIDIA CORP, APPLE INC.

Over the last 9 quarters its long book ran on average 2.8pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+5.4%
Q2 2024
+1.8%
Q3 2024
+2.1%
Q4 2024
-8.2%
Q1 2025
+15.1%
Q2 2025
+14.3%
Q3 2025
+3.4%
Q4 2025
-1.7%
Q1 2026
+32.9%

Sector allocation

Technology
36%
Financials
12%
Industrials
11%
Consumer discretionary
9%
Energy
9%
Healthcare
6%
Consumer staples
5%
Services media
4%

Long book by quarter

$2.0M
Q1 2024
$1.2M
Q2 2024
$1.1M
Q3 2024
$2.3M
Q4 2024
$1.8M
Q1 2025
$2.0M
Q2 2025
$2.8M
Q3 2025
$3.4M
Q4 2025
$2.9M
Q1 2026

What does PayPay Securities own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology419$83K2.9%-20.8%
AAPL APPLE INCTechnology295$78K2.7%-19.2%
GOOGL ALPHABET INC-CL ATechnology195$66K2.3%-20.4%
MSFT MICROSOFT CORPTechnology137$58K2.0%-20.8%
AMZN AMAZON.COM INCConsumer discretionary179$45K1.5%-24.5%
AVGO BROADCOM INCTechnology83$33K1.1%-30.3%
XOM EXXON MOBIL CORPEnergy181$28K1.0%+52.1%
META META PLATFORMS INC-CLASS ATechnology40$27K0.9%-21.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials56$27K0.9%+47.4%
MU MICRON TECHNOLOGY INCTechnology54$25K0.9%+22.7%
RTX RTX CORPIndustrials121$24K0.8%+137.3%
TSLA TESLA INCIndustrials60$23K0.8%-9.1%
JPM JPMORGAN CHASE & COFinancials75$23K0.8%-1.3%
CVX CHEVRON CORPEnergy114$21K0.7%+115.1%
COST COSTCO WHOLESALE CORPConsumer discretionary21$21K0.7%-4.5%
LMT LOCKHEED MARTIN CORPIndustrials31$19K0.7%+287.5%
NOC NORTHROP GRUMMAN CORPTechnology27$18K0.6%+575.0%
HON HONEYWELL INTERNATIONAL INCIndustrials74$17K0.6%+208.3%
PG PROCTER & GAMBLE CO/THEOther115$16K0.6%-12.2%
WMT WALMART INCConsumer discretionary130$16K0.6%+26.2%
HD HOME DEPOT INCConsumer discretionary47$16K0.5%-9.6%
KO COCA-COLA CO/THEConsumer staples202$15K0.5%-12.6%
LHX L3HARRIS TECHNOLOGIES INCTechnology41$14K0.5%+485.7%
BAC BANK OF AMERICA CORPFinancials266$14K0.5%+18.2%
PEP PEPSICO INCConsumer staples88$14K0.5%-15.4%
LLY ELI LILLY & COHealthcare15$14K0.5%-25.0%
CPB THE CAMPBELL'S COMPANYConsumer staples606$13K0.4%+57.8%
MS MORGAN STANLEYFinancials66$12K0.4%+29.4%
VZ VERIZON COMMUNICATIONS INCCommunications255$12K0.4%+196.5%
C CITIGROUP INCFinancials92$12K0.4%+29.6%
T AT&T INCCommunications450$12K0.4%-17.4%
COP CONOCOPHILLIPSEnergy97$12K0.4%+185.3%
GS GOLDMAN SACHS GROUP INCFinancials13$12K0.4%+8.3%
WFC WELLS FARGO & COFinancials143$12K0.4%+27.7%
MO ALTRIA GROUP INCConsumer staples173$11K0.4%-17.6%
V VISA INC-CLASS A SHARESServices media35$11K0.4%-53.3%
WMB WILLIAMS COS INCUtilities155$11K0.4%+369.7%
CL COLGATE-PALMOLIVE COOther128$11K0.4%-10.5%
VLO VALERO ENERGY CORPEnergy44$11K0.4%+388.9%
MPC MARATHON PETROLEUM CORPEnergy47$11K0.4%+487.5%
JNJ JOHNSON & JOHNSONHealthcare45$11K0.4%-21.1%
ZTS ZOETIS INCHealthcare87$10K0.4%+2.4%
EOG EOG RESOURCES INCEnergy75$10K0.3%+435.7%
PSX PHILLIPS 66Energy59$10K0.3%+436.4%
EQT EQT CORPEnergy160$9K0.3%New
CAT CATERPILLAR INCIndustrials12$9K0.3%-29.4%
DVN DEVON ENERGY CORPEnergy200$9K0.3%+506.1%
OXY OCCIDENTAL PETROLEUM CORPEnergy158$9K0.3%+731.6%
NEE NEXTERA ENERGY INCUtilities96$9K0.3%-17.9%
MA MASTERCARD INC - AServices media17$9K0.3%-57.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRApr 23, 2026301$2.9M canonicalSEC ↗
Q4 202513F-HRJan 26, 2026280$3.4M canonicalSEC ↗
Q3 202513F-HROct 21, 2025281$2.8M canonicalSEC ↗
Q2 202513F-HRJul 24, 2025273$2.0M canonicalSEC ↗
Q1 202513F-HRApr 17, 2025273$1.8M canonicalSEC ↗
Q4 202413F-HRJan 30, 2025275$2.3M canonicalSEC ↗
Q3 202413F-HRNov 1, 2024192$1.1M canonicalSEC ↗
Q2 202413F-HRAug 1, 2024192$1.2M canonicalSEC ↗
Q1 202413F-HRApr 18, 2024194$2.0M canonicalSEC ↗