undamentalytics Newsletter

Pagaya Technologies Ltd.: which funds bought and sold

Institutions that bought and sold Pagaya Technologies shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 129 institutions that filed 13F reports for both quarters added to or opened positions in Pagaya Technologies, and 108 cut or closed them. Together they sold a net 4.8M shares, −13.1% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 2.8M shares (+24.9%); index fund managers were net sellers of 5.8M shares (−67.8%). 54 opened a new position and 45 sold out entirely.

Bought, Q2 2026 129 institutions, 54 of them new holders Sold, Q2 2026 108 institutions, 45 of them sold out
Net change, all compared −4.8M shares (−13.1%)
Net change, active managers +2.8M shares (+24.9%), 25 bought, 21 sold

Buyers versus sellers

institutions compared, 262
Active managers and hedge funds 25 bought · 21 sold · +2.8M
Index fund managers 1 bought · 8 sold · −5.8M
Other institutions 103 bought · 79 sold · −1.7M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Frontier Capital Management Co LLC Active manager +2.1M +1067.5% 2.3M $41.9M
Aquamarine Financial (Cayman) Ltd +1.8M New position 1.8M $32.3M
Millennium Management LLC Hedge fund +1.4M +161.4% 2.3M $41.7M
Arrowstreet Capital, Limited Partnership Hedge fund +1.0M New position 1.0M $19.1M
Allspring Global Investments Holdings, LLC +616K +59.9% 1.6M $30.9M
Bridgeway Capital Management, LLC Active manager +588K New position 588K $10.7M
Empowered Funds, LLC +506K +434.0% 623K $11.4M
Citadel Advisors LLC Hedge fund +500K +585.4% 586K $10.7M
Marshall Wace, LLP Hedge fund +373K New position 373K $6.8M
Balyasny Asset Management L.P. Hedge fund +251K +88.5% 536K $9.8M
Squarepoint Ops LLC Hedge fund +217K +614.7% 252K $4.6M
AQR Capital Management LLC Hedge fund +210K +57.4% 575K $10.5M
American Century Companies Inc Active manager +193K +11.4% 1.9M $34.5M
Y-Intercept (Hong Kong) Ltd +179K New position 179K $3.3M
Exoduspoint Capital Management, LP Hedge fund +158K New position 158K $2.9M
Northwestern Mutual Wealth Management Co +154K New position 154K $2.8M
Bank Of America Corp +136K +120.9% 249K $4.5M
Jain Global LLC Hedge fund +125K New position 125K $2.3M
Ardsley Advisory Partners LP +125K New position 125K $2.3M
Raymond James Financial Inc +118K +277.8% 160K $2.9M

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Blackrock, Inc. Index funds −3.4M −75.3% 1.1M $20.1M
Goldman Sachs Group Inc −1.3M −68.6% 592K $10.8M
Two Sigma Investments, LP Hedge fund −1.2M −65.0% 650K $11.9M
Renaissance Technologies LLC Hedge fund −984K Sold out 0 —
State Street Corp Index funds −858K −83.0% 176K $3.2M
Jpmorgan Chase & Co −787K −97.4% 21K $352,822
Geode Capital Management, LLC Index funds −715K −94.3% 43K $789,359
Qube Research & Technologies Ltd Hedge fund −714K −78.2% 199K $3.6M
Q Global Advisors, LLC −538K Sold out 0 —
Barclays PLC −519K Sold out 0 —
Vanguard Portfolio Management LLC Index funds −458K −26.7% 1.3M $23M
Morgan Stanley −453K −32.3% 949K $17.3M
BNP Paribas Financial Markets −439K −36.6% 760K $13.9M
Edgestream Partners, L.P. Hedge fund −374K Sold out 0 —
Citigroup Inc −341K −58.7% 240K $4.4M
Jefferies Financial Group Inc. −258K −98.6% 3,620 $66,065
Point72 Asset Management, L.P. Hedge fund −247K −44.8% 305K $5.6M
Panagora Asset Management Inc Active manager −247K Sold out 0 —
Federated Hermes, Inc. Active manager −246K −98.6% 3,591 $65,536
Man Group PLC Hedge fund −208K −89.9% 23K $426,046

New positions

largest by value
InstitutionSharesValue June 30, 2026
Aquamarine Financial (Cayman) Ltd 1.8M $32.3M
Arrowstreet Capital, Limited PartnershipHedge fund 1.0M $19.1M
Bridgeway Capital Management, LLCActive manager 588K $10.7M
Marshall Wace, LLPHedge fund 373K $6.8M
Y-Intercept (Hong Kong) Ltd 179K $3.3M
Exoduspoint Capital Management, LPHedge fund 158K $2.9M
Northwestern Mutual Wealth Management Co 154K $2.8M
Ardsley Advisory Partners LP 125K $2.3M
Jain Global LLCHedge fund 125K $2.3M
Manatuck Hill Partners, LLC 100K $1.8M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Renaissance Technologies LLCHedge fund 984K $11.5M
Q Global Advisors, LLC 538K $6.3M
Barclays PLC 519K $6M
Edgestream Partners, L.P.Hedge fund 374K $4.4M
Panagora Asset Management IncActive manager 247K $2.9M
PDT Partners, LLCHedge fund 203K $2.4M
Spx Gestao De Recursos Ltda 180K $2.1M
Bank Of New York Mellon Corp 140K $1.6M
Charles Schwab Investment Management IncIndex funds 133K $1.5M
Imc-Chicago, LLC 120K $1.4M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
219
Ten largest holders
47.5%
of 13F-reported shares
Index fund managers
8.6%
of 13F-reported shares
Active managers and hedge funds
42.8%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 25 21 11 11 +2.8M +24.9%
Index fund managers 1 8 1 2 −5.8M −67.8%
Other institutions 103 79 42 32 −1.7M −10.1%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

← Back to Pagaya Technologies Ltd. · Insiders · Politicians