Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

PAGAYA TECHNOLOGIES LTD (PGY)

258 + Investors. Track Smart Money conviction in PGY. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
11Q ▲
Buyers last Q
55%

Smart Money Signals — PGY

Based on 235 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 11 quarters in a row

last 6Q
For 11 consecutive quarters, more hedge funds added PGY than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
235 hedge funds hold PGY right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +88% more funds vs a year ago

fund count last 6Q
+110 new funds entered over the past year (+88% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 55% buying

154 buying124 selling
Last quarter: 154 funds bought or added vs 124 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-23 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 34 → 47 → 82 → 59. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 46% entered in last year

18% conviction (2yr+) 36% medium 46% new
Only 43 funds (18%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💎

Buying through price weakness — shares +0%, value -28%

Value
-28%
Shares
+0%
Last quarter: funds added +0% more shares while total portfolio value only changed -28%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

35 → 34 → 47 → 82 → 59 new funds/Q
New funds entering each quarter: 34 → 47 → 82 → 59. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
📊

Mixed cohorts — 27% veterans, 53% new entrants

27% veterans 20% 1-2yr 53% new
Of 258 current holders: 69 (27%) held 2+ years, 52 held 1–2 years, 137 (53%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.

Strong quality — 25% AUM from major funds

25% from top-100 AUM funds
32 of 235 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
5.4
out of 10
Moderate Exit Risk
Exit risk score 5.4/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Hedge Fund Ownership: PGY

How many hedge funds hold PGY — quarterly history vs. share price
Quarterly hedge fund ownership of PGY vs. share price

Market Analysis: PGY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PGY

-- --
Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

44 top-rated funds 1 high-conviction
Consensus
7.2
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: PGY
2026 Q1 Stats Unlock in 21 days 258 + Investors

Track Smart Money conviction in PGY. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 258 251 2.79%
13F Shares 48M 48M 0.38%
Total Value $1.01B $1.40B -28.26%
New Positions 60 84 -24
Increased Positions 138 103 +35
Closed Positions 51 21 +30
Reduced Positions 96 93 +3
Total Calls 16 20 -20.0%
Total Puts 13 14 -7.14%
PUT/CALL Ratio 0.81 0.7 Neutral

Statistics: PGY

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Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
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Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

258 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PGY. Verified SEC 13F-HR filings.

Top 25 institutional holders of PGY — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Nicholas Wealth, LLC. 0.26% 32,083 $374K
2 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.06% 12,194 $142K
3 MOODY NATIONAL BANK TRUST DIVISION 0.03% 29,607 $345K
4 Patriot Financial Group Insurance Agency, LLC 0.03% 38,802 $452K
5 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% 56,044 $653K
6 World Investment Advisors 0.01% 38,759 $452K
7 IFP Advisors, Inc 0.00% 19,535 $228K
8 SBI Securities Co., Ltd. 0.00% 14,245 $166K
9 Bayforest Capital Ltd 0.00% 272 $3K
10 Concurrent Investment Advisors, LLC 0.00% 27,500 $320K
11 GAMMA Investing LLC 0.00% 5,918 $69K
12 State of Alaska, Department of Revenue 0.00% 21,538
13 STRS OHIO 0.00% 46,272 $539K
14 Sterling Capital Management LLC 0.00% 9,311 $108K
15 Versant Capital Management, Inc 0.00% 1,563 $18K
16 SG Americas Securities, LLC 0.00% 122,441 $1K
17 Private Advisor Group, LLC 0.00% 26,388 $307K
18 Farther Finance Advisors, LLC 0.00% 4,015 $47K
19 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% 17,626 $207K
20 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 24,694 $288K
21 Root Financial Partners, LLC 0.00% 657 $8K
22 TRUIST FINANCIAL CORP 0.00% 20,777 $242K
23 True Wealth Design, LLC 0.00% 43
24 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.00% 4,719
25 Private Advisor Group, LLC 0.00% 10,000 $6K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — PAGAYA TECHNOLOGIES LTD (PGY)

What does the Smart Money Trend signal show for PGY?

Buying streak — 11 quarters in a row: For 11 consecutive quarters, more hedge funds added PGY than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PGY?

Slight buying edge — 55% buying: Last quarter: 154 funds bought or added vs 124 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PGY holders?

Strong quality — 25% AUM from major funds: 32 of 235 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PGY?

Mostly new holders — 46% entered in last year: Only 43 funds (18%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.