Pagaya Technologies
132 hedge funds and large institutions have $279M invested in Pagaya Technologies in 2024 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 39 increasing their positions, 38 reducing their positions, and 27 closing their positions.
152% more call options, than puts
Call options by funds: $29.8M | Put options by funds: $11.8M
56% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 27
12% more funds holding
Funds holding: 118 → 132 (+14)
1.69% more ownership
Funds ownership: 47.56% → 49.26% (+1.7%)
3% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $297M → $279M (-$18.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$31.9M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$9.36M |
| 3 |
Goldman Sachs
New York
|
+$7.2M |
| 4 |
Two Sigma Investments
New York
|
+$6.82M |
| 5 |
JP Morgan Chase
New York
|
+$4.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$8.77M |
| 2 |
BlackRock
New York
|
-$6.99M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$6.32M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$5.29M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.17M |
PGY Hedge Fund Activity: Q4 2024 in Review
132 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Pagaya Technologies (PGY) for Q4 2024, worth a combined $279M — down 6.1% from $297M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PGY positions and 27 closed out — a net gain of 15 holders — while 39 added to existing stakes and 38 trimmed.
The largest buyer was Frontier Capital Management, opening a new position worth an estimated $31.9M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $8.77M sold.
- 132 institutional investors held Pagaya Technologies (PGY) as of Q4 2024, up from 118 in Q3 2024.
- Funds reported $279M of Pagaya Technologies stock for Q4 2024, down 6.1% quarter-over-quarter.
- 42 funds opened new Pagaya Technologies positions in Q4 2024 and 27 closed out, a net change of +15 holders.
- The largest Pagaya Technologies buyer in Q4 2024 was Frontier Capital Management, an estimated $31.9M added.
- The largest Pagaya Technologies seller in Q4 2024 was Intrinsic Edge Capital Management, an estimated $8.77M sold.
Based on aggregated 13F filings for Q4 2024.