Pagaya Technologies
137 hedge funds and large institutions have $346M invested in Pagaya Technologies in 2025 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 45 increasing their positions, 40 reducing their positions, and 26 closing their positions.
24% more call options, than puts
Call options by funds: $22.9M | Put options by funds: $18.4M
24% more capital invested
Capital invested by funds: $279M → $346M (+$66.6M)
19% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 26
13% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 40
4% more funds holding
Funds holding: 132 → 137 (+5)
3.44% more ownership
Funds ownership: 49.26% → 52.7% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$11.5M |
| 2 |
Millennium Management
New York
|
+$10.7M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$7.75M |
| 4 |
Two Sigma Advisers
New York
|
+$6.81M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$5.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
-$11.1M |
| 2 |
Morgan Stanley
New York
|
-$5.56M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$5.52M |
| 4 |
JP Morgan Chase
New York
|
-$4.07M |
| 5 |
BlackRock
New York
|
-$3.72M |
PGY Hedge Fund Activity: Q1 2025 in Review
137 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Pagaya Technologies (PGY) for Q1 2025, worth a combined $346M — up 24% from $279M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PGY positions and 26 closed out — a net gain of 5 holders — while 45 added to existing stakes and 40 trimmed.
The largest buyer was Frontier Capital Management, adding an estimated $11.5M. The largest seller was Point72 Asset Management, exiting entirely with an estimated $11.1M sold.
- 137 institutional investors held Pagaya Technologies (PGY) as of Q1 2025, up from 132 in Q4 2024.
- Funds reported $346M of Pagaya Technologies stock for Q1 2025, up 24% quarter-over-quarter.
- 31 funds opened new Pagaya Technologies positions in Q1 2025 and 26 closed out, a net change of +5 holders.
- The largest Pagaya Technologies buyer in Q1 2025 was Frontier Capital Management, an estimated $11.5M added.
- The largest Pagaya Technologies seller in Q1 2025 was Point72 Asset Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2025.