Pagaya Technologies
215 hedge funds and large institutions have $430M invested in Pagaya Technologies in 2026 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 95 increasing their positions, 53 reducing their positions, and 62 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 53
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
10% less funds holding
Funds holding: 239 → 215 (-24)
34% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 62
37% less call options, than puts
Call options by funds: $38.3M | Put options by funds: $61.2M
52% less capital invested
Capital invested by funds: $888M → $430M (-$458M)
323.9% less ownership
Funds ownership: 375.67% → 51.78% (-324%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIL
HS Investments IV Ltd
St Peter Port,
|
+$17.4M |
| 2 |
Two Sigma Investments
New York
|
+$10M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$9.54M |
| 4 |
Citigroup
New York
|
+$8.79M |
| 5 |
Goldman Sachs
New York
|
+$8.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$19.2M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$16.8M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$15.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$13.7M |
| 5 |
Millennium Management
New York
|
-$13.7M |
PGY Hedge Fund Activity: Q1 2026 in Review
215 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Pagaya Technologies (PGY) for Q1 2026, worth a combined $430M — down 52% from $888M a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of PGY and 41 opened new positions — a net loss of 21 holders — while 53 trimmed existing stakes and 95 added.
The largest buyer was HS Investments IV Ltd, opening a new position worth an estimated $17.4M. The largest seller was Jane Street, exiting entirely with an estimated $19.2M sold.
- 215 institutional investors held Pagaya Technologies (PGY) as of Q1 2026, down from 239 in Q4 2025.
- Funds reported $430M of Pagaya Technologies stock for Q1 2026, down 52% quarter-over-quarter.
- 41 funds opened new Pagaya Technologies positions in Q1 2026 and 62 closed out, a net change of -21 holders.
- The largest Pagaya Technologies buyer in Q1 2026 was HS Investments IV Ltd, an estimated $17.4M added.
- The largest Pagaya Technologies seller in Q1 2026 was Jane Street, an estimated $19.2M sold.
Based on aggregated 13F filings for Q1 2026.