Did Meridian Fund sell its PayPal shares?

No, it maintained its position in PayPal during Q1 2026, according to its latest investor letter.

How is the Iran strike related to the fund's investments?

The fund noted that the late-February strike caused oil prices to surge and a risk-off sentiment in markets, impacting the investment environment.

Does the fund's holding of PayPal constitute a buy recommendation?

No, it is merely a disclosure of the fund's portfolio and does not constitute an investment recommendation.

Meridian Hedged Equity Fund Maintains PayPal Stake Amid Market Turmoil

Meridian Hedged Equity Fund, managed by ArrowMark Partners, disclosed in its Q1 2026 investor letter that it maintained its position in PayPal Holdings (PYPL). The fund invests in high-quality growth companies and mitigates risk by writing call options.

June 29, 2026

2 min read

Source: Insider Monkey

Meridian Hedged Equity Fund, managed by ArrowMark Partners, announced in its first-quarter 2026 investor letter that it maintained its investment position in PayPal Holdings (NASDAQ: PYPL).

Investment Details

The fund invests in high-quality growth companies and mitigates risk by writing call options. The letter noted that markets experienced a risk-off sentiment following the late-February strike on Iran, which caused oil prices to surge.

Context

This move comes amid heightened geopolitical uncertainty and market volatility. The fund's decision to retain its PayPal stake reflects confidence in the company's long-term fundamentals despite short-term market pressures.

What This Means for Investors

A professional fund like Meridian maintaining its position in PayPal signals a positive outlook, but it is not a buy or sell recommendation. Investors should consider the company's financial performance and current valuation before making investment decisions.

Frequently Asked Questions

It is an investment fund managed by ArrowMark Partners that focuses on high-quality growth companies and uses call option writing to mitigate risk.

Found this useful? Share it

This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.