Pagaya Technologies
29 hedge funds and large institutions have $265M invested in Pagaya Technologies in 2022 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 7 closing their positions.
186% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 7
103% more call options, than puts
Call options by funds: $1.05M | Put options by funds: $520K
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
81% more funds holding
Funds holding: 16 → 29 (+13)
9% less capital invested
Capital invested by funds: $293M → $265M (-$27.6M)
18.91% less ownership
Funds ownership: 21.6% → 2.69% (-19%)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
+$860M |
| 2 |
AI
Aflac Inc
Columbus,
Georgia
|
+$18.1M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$8.27M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$4.18M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
+$878K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$33.9M |
| 2 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$6.31M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$883K |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$592K |
| 5 |
Jane Street
New York
|
-$285K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ECM
26
ExodusPoint Capital Management
New York
| – | -$113K | -2,251 | Closed |
|
|
27
Jane Street
New York
| – | -$285K | -2,058 | Closed |
|
28
Citadel Advisors
Miami,
Florida
| – | -$216K | -1,561 | Closed |
|
|
PCM
29
Penserra Capital Management
Orinda,
California
| – | -$12K | -254 | Closed |
|
|
FIA
30
FNY Investment Advisers
New York
| – | -$8K | -173 | Closed |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$277 | +2 | New |
|
|
BIA
32
Bell Investment Advisors
Oakland,
California
| – | +$1.94K | +14 | New |
|
33
JP Morgan Chase
New York
| – | +$2.22K | +16 | New |
|
|
PWMG
34
Prestige Wealth Management Group
Flemington,
New Jersey
| – | +$2.36K | +17 | New |
|
|
BCM
35
Basswood Capital Management
New York
| – | +$3.05K | +22 | New |
|
|
WAM
36
Wolverine Asset Management
Chicago,
Illinois
| – | +$4.99K | +36 | New |
|
PGY Hedge Fund Activity: Q3 2022 in Review
29 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Pagaya Technologies (PGY) for Q3 2022, worth a combined $265M — down 9.4% from $293M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new PGY positions and 7 closed out — a net gain of 13 holders — while 1 added to existing stakes and 5 trimmed.
The largest buyer was Tiger Global Management, opening a new position worth an estimated $860M. The largest seller was Clal Insurance, cutting an estimated $33.9M.
- 29 institutional investors held Pagaya Technologies (PGY) as of Q3 2022, up from 16 in Q2 2022.
- Funds reported $265M of Pagaya Technologies stock for Q3 2022, down 9.4% quarter-over-quarter.
- 20 funds opened new Pagaya Technologies positions in Q3 2022 and 7 closed out, a net change of +13 holders.
- The largest Pagaya Technologies buyer in Q3 2022 was Tiger Global Management, an estimated $860M added.
- The largest Pagaya Technologies seller in Q3 2022 was Clal Insurance, an estimated $33.9M sold.
Based on aggregated 13F filings for Q3 2022.