Pagaya Technologies
118 hedge funds and large institutions have $297M invested in Pagaya Technologies in 2024 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 50 increasing their positions, 20 reducing their positions, and 22 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 20
70% more call options, than puts
Call options by funds: $23.1M | Put options by funds: $13.6M
68% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 22
15% more funds holding
Funds holding: 103 → 118 (+15)
6.69% more ownership
Funds ownership: 40.88% → 47.56% (+6.7%)
2% less capital invested
Capital invested by funds: $304M → $297M (-$6.27M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.36M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$7.31M |
| 3 |
BlackRock
New York
|
+$6.94M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$6.83M |
| 5 |
Squarepoint
New York
|
+$5.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$5.37M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$4.53M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
-$3.11M |
| 4 |
DSCM
Divisadero Street Capital Management
Miami,
Florida
|
-$2.27M |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$1.08M |
PGY Hedge Fund Activity: Q3 2024 in Review
118 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Pagaya Technologies (PGY) for Q3 2024, worth a combined $297M — down 2.1% from $304M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PGY positions and 22 closed out — a net gain of 15 holders — while 50 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.36M. The largest seller was Allspring Global Investments, cutting an estimated $5.37M.
- 118 institutional investors held Pagaya Technologies (PGY) as of Q3 2024, up from 103 in Q2 2024.
- Funds reported $297M of Pagaya Technologies stock for Q3 2024, down 2.1% quarter-over-quarter.
- 37 funds opened new Pagaya Technologies positions in Q3 2024 and 22 closed out, a net change of +15 holders.
- The largest Pagaya Technologies buyer in Q3 2024 was Morgan Stanley, an estimated $8.36M added.
- The largest Pagaya Technologies seller in Q3 2024 was Allspring Global Investments, an estimated $5.37M sold.
Based on aggregated 13F filings for Q3 2024.