We are live on ! Find out more
PGY icon

Pagaya Technologies

226 hedge funds and large institutions have $1.26B invested in Pagaya Technologies in 2025 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 74 increasing their positions, 56 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

282% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 22

60% more funds holding in top 10

Funds holding in top 10: 58 (+3)

42% more capital invested

Capital invested by funds: $888M → $1.26B (+$372M)

38% more funds holding

Funds holding: 164226 (+62)

32% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 56

15% more call options, than puts

Call options by funds: $95.2M | Put options by funds: $82.6M

1.1% less ownership

Funds ownership: 66.01%64.91% (-1.1%)

Holders
226
Holders Change
+62
Holders Change %
+37.8%
% of All Funds
2.97%
Holding in Top 10
8
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+60%
% of All Funds
0.1%
New
84
Increased
74
Reduced
56
Closed
22
Calls
$95.2M
Puts
$82.6M
Net Calls
+$12.6M
Net Calls Change
-$8.21M
Name Holding Trade Value Shares
Change
Change in
Stake
Pictet Asset Management
176
Pictet Asset Management
Switzerland
$243K +$264K +8,174 New
VRS
177
Virginia Retirement Systems
Virginia
$240K +$262K +8,100 New
ProShare Advisors
178
ProShare Advisors
Maryland
$234K +$254K +7,870 New
NICM
179
Neo Ivy Capital Management
New York
$228K +$248K +7,664 New
SC
180
SummitTX Capital
Texas
$209K +$227K +7,024 New
B
181
Bailard
California
$205K -$536K -16,600 -71%
RS
182
R Squared
Hong Kong
$201K +$218K +6,757 New
Nisa Investment Advisors
183
Nisa Investment Advisors
Missouri
$198K
NA
184
NewEdge Advisors
Louisiana
$172K +$182K +5,647 +3,740%
GI
185
GAMMA Investing
California
$161K +$1.94K +60 +1%
RA
186
RiverPark Advisors
New York
$115K +$125K +3,876 New
AIP
187
Ameritas Investment Partners
Nebraska
$114K -$3.65K -113 -3%
PPA
188
Pilgrim Partners Asia
Singapore
$98K +$107K +3,300 New
SOADOR
189
State of Alaska Department of Revenue
Alaska
$84K +$92.3K +2,858 New
AAP
190
Arax Advisory Partners
Colorado
$84K +$91.4K +2,829 New
Fidelity Investments
191
Fidelity Investments
Massachusetts
$63.7K +$3.23K +100 +5%
KBC Group
192
KBC Group
Belgium
$54K +$58.3K +1,805 New
AB
193
Amalgamated Bank
New York
$42K
CIAM
194
Caitong International Asset Management
Hong Kong
$39.9K -$20.3K -630 -32%
LSV Asset Management
195
LSV Asset Management
Illinois
$36K +$38.8K +1,200 New
MPWT
196
MassMutual Private Wealth & Trust
Connecticut
$35.3K
TRCT
197
Tower Research Capital (TRC)
New York
$32.4K -$177K -5,469 -83%
EP
198
Essential Partners
California
$27K +$323 +10 +1%
VCM
199
Versant Capital Management
Arizona
$25.3K +$27.5K +852 New
MA
200
MCF Advisors
Kentucky
$22.7K +$24.7K +765 New

PGY Hedge Fund Activity: Q3 2025 in Review

226 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Pagaya Technologies (PGY) for Q3 2025, worth a combined $1.26B — up 42% from $888M a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new PGY positions and 22 closed out — a net gain of 62 holders — while 74 added to existing stakes and 56 trimmed.

The largest buyer was D.E. Shaw & Co, adding an estimated $44.7M. The largest seller was Viola Ventures VC Management 4, cutting an estimated $191M.

  • 226 institutional investors held Pagaya Technologies (PGY) as of Q3 2025, up from 164 in Q2 2025.
  • Funds reported $1.26B of Pagaya Technologies stock for Q3 2025, up 42% quarter-over-quarter.
  • 84 funds opened new Pagaya Technologies positions in Q3 2025 and 22 closed out, a net change of +62 holders.
  • The largest Pagaya Technologies buyer in Q3 2025 was D.E. Shaw & Co, an estimated $44.7M added.
  • The largest Pagaya Technologies seller in Q3 2025 was Viola Ventures VC Management 4, an estimated $191M sold.

Based on aggregated 13F filings for Q3 2025.