Pagaya Technologies
103 hedge funds and large institutions have $304M invested in Pagaya Technologies in 2024 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 18 closing their positions.
212% more call options, than puts
Call options by funds: $19.8M | Put options by funds: $6.35M
106% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 18
47% more capital invested
Capital invested by funds: $207M → $304M (+$96.6M)
39% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 23
21% more funds holding
Funds holding: 85 → 103 (+18)
4.4% more ownership
Funds ownership: 36.48% → 40.88% (+4.4%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$31.9M |
| 2 |
State Street
Boston,
Massachusetts
|
+$6.33M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$5.78M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$5.57M |
| 5 |
AGM
Alpine Global Management
New York
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$12.6M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$9.26M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$7.58M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$5.23M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$4.94M |
PGY Hedge Fund Activity: Q2 2024 in Review
103 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Pagaya Technologies (PGY) for Q2 2024, worth a combined $304M — up 47% from $207M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PGY positions and 18 closed out — a net gain of 19 holders — while 32 added to existing stakes and 23 trimmed.
The largest buyer was BlackRock, adding an estimated $31.9M. The largest seller was Citigroup, cutting an estimated $12.6M.
- 103 institutional investors held Pagaya Technologies (PGY) as of Q2 2024, up from 85 in Q1 2024.
- Funds reported $304M of Pagaya Technologies stock for Q2 2024, up 47% quarter-over-quarter.
- 37 funds opened new Pagaya Technologies positions in Q2 2024 and 18 closed out, a net change of +19 holders.
- The largest Pagaya Technologies buyer in Q2 2024 was BlackRock, an estimated $31.9M added.
- The largest Pagaya Technologies seller in Q2 2024 was Citigroup, an estimated $12.6M sold.
Based on aggregated 13F filings for Q2 2024.