Pagaya Technologies
164 hedge funds and large institutions have $888M invested in Pagaya Technologies in 2025 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 63 increasing their positions, 35 reducing their positions, and 19 closing their positions.
157% more capital invested
Capital invested by funds: $346M → $888M (+$542M)
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
147% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 19
80% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 35
79% more call options, than puts
Call options by funds: $47.2M | Put options by funds: $26.4M
20% more funds holding
Funds holding: 137 → 164 (+27)
13.31% more ownership
Funds ownership: 52.7% → 66.01% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25M |
| 2 |
Morgan Stanley
New York
|
+$16M |
| 3 |
JP Morgan Chase
New York
|
+$16M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$15.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVVM4
Viola Ventures VC Management 4
Herzliya,
Israel
|
-$29.1M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$21.1M |
| 3 |
Goldman Sachs
New York
|
-$18.5M |
| 4 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$7.13M |
| 5 |
Squarepoint
New York
|
-$1.87M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSG
176
Summit Securities Group
New York
| – | -$107K | -10,226 | Closed |
|
|
AA
177
Ancora Advisors
Cleveland,
Ohio
| – | -$22.5K | -2,150 | Closed |
|
|
JFG
178
Jefferies Financial Group
New York
| – | -$12.1K | -850 | Closed |
|
|
PHK
179
Point72 Hong Kong
Hong Kong
| – | -$6.41K | -612 | Closed |
|
180
Simplex Trading
Chicago,
Illinois
| – | -$7.28K | -512 | Closed |
|
|
QCG
181
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$3.78K | -361 | Closed |
|
|
TWD
182
True Wealth Design
Akron,
Ohio
| – | -$3.43K | -327 | Closed |
|
|
CCM
183
Coldstream Capital Management
Bellevue,
Washington
| – | -$1.07K | -102 | Closed |
|
|
SC
184
Stephens Consulting
Flint,
Michigan
| – | -$315 | -30 | Closed |
|
PGY Hedge Fund Activity: Q2 2025 in Review
164 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Pagaya Technologies (PGY) for Q2 2025, worth a combined $888M — up 157% from $346M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new PGY positions and 19 closed out — a net gain of 28 holders — while 63 added to existing stakes and 35 trimmed.
The largest buyer was Vanguard Group, adding an estimated $25M. The largest seller was Viola Ventures VC Management 4, cutting an estimated $29.1M.
- 164 institutional investors held Pagaya Technologies (PGY) as of Q2 2025, up from 137 in Q1 2025.
- Funds reported $888M of Pagaya Technologies stock for Q2 2025, up 157% quarter-over-quarter.
- 47 funds opened new Pagaya Technologies positions in Q2 2025 and 19 closed out, a net change of +28 holders.
- The largest Pagaya Technologies buyer in Q2 2025 was Vanguard Group, an estimated $25M added.
- The largest Pagaya Technologies seller in Q2 2025 was Viola Ventures VC Management 4, an estimated $29.1M sold.
Based on aggregated 13F filings for Q2 2025.