Vault-13

PAGSEGURO DIGITAL LTD PAGS

COM CL A · Common Stock · CUSIP G68707101 · ISIN KYG687071012

227 institutional holders +14 vs Q2 2023
179,639,051179.6m shares reported held*
$1.6bnreported value*
45 new 78 added 77 reduced 32 sold out net sold ≈ $135.6m (-16.5m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($341.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.66. Options: 19 managers hold calls ($39.8m notional), 18 hold puts ($25.9m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 188Q4 22: 193Q1 23: 195Q2 23: 213Q3 23: 227227Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022188
Q4 2022193
Q1 2023195
Q2 2023213
Q3 2023227

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 109 bought or addedQ4 22: 94 cut or sold outQ4 22Q1 23: 118 bought or addedQ1 23: 84 cut or sold outQ1 23Q2 23: 124 bought or addedQ2 23: 105 cut or sold outQ2 23Q3 23: 123 bought or addedQ3 23: 109 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 202210994
Q1 202311884
Q2 2023124105
Q3 2023123109

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$25m$50m$75m$100mQ4 22 calls: $91.6mQ4 22 puts: $14.8mQ4 22P/C 0.16Q1 23 calls: $36.2mQ1 23 puts: $11.6mQ1 23P/C 0.32Q2 23 calls: $36.6mQ2 23 puts: $15.9mQ2 23P/C 0.43Q3 23 calls: $39.8mQ3 23 puts: $25.9mQ3 23P/C 0.65
Numbers
QuarterCallsPutsP/C
Q4 2022$91.6m$14.8m0.16
Q1 2023$36.2m$11.6m0.32
Q2 2023$36.6m$15.9m0.43
Q3 2023$39.8m$25.9m0.65

Biggest buyers

BANK OF MONTREAL /CAN/ New +2,704,074+2.7m
Point72 Asset Management, L.P. Added +2,186,800+2.2m
BlackRock Inc. Added +1,822,172+1.8m
Contrarius Investment Management Ltd New +1,417,453+1.4m
Verition Fund Management LLC New +1,264,324+1.3m
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND Added +925,000+925.0k
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +878,086+878.1k
Man Group plc New +803,373+803.4k
Long Focus Capital Management, LLC New +721,041+721.0k
BRIDGEWAY CAPITAL MANAGEMENT, LLC New +710,000+710.0k

Biggest sellers

Tekne Capital Management, LLC Reduced -4,129,596-4.1m
Nuveen Asset Management, LLC Reduced -3,515,974-3.5m
DEUTSCHE BANK AG\ Reduced -3,452,801-3.5m
WELLINGTON MANAGEMENT GROUP LLP Reduced -3,039,766-3.0m
JANE STREET GROUP, LLC Reduced -2,529,763-2.5m
AXIOM INVESTORS LLC /DE Sold out -2,261,960-2.3m
Sylebra Capital Ltd Reduced -2,253,829-2.3m
FMR LLC Reduced -1,910,227-1.9m
CITADEL ADVISORS LLC Reduced -1,838,201-1.8m
D. E. Shaw & Co., Inc. Reduced -1,391,662-1.4m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.4m859.8k shares
CITADEL ADVISORS LLC Added $5.2m603.5k shares
PEAK6 Investments LLC Added $5.2m600.8k shares
Walleye Trading LLC Added $4.4m510.2k shares
CAPITAL FUND MANAGEMENT S.A. Added $3.3m381.0k shares
JANE STREET GROUP, LLC Added $2.6m298.6k shares
GROUP ONE TRADING LLC Added $2.1m241.6k shares
SIMPLEX TRADING, LLC Added $2.1m239.1k shares
BANK OF MONTREAL /CAN/ New $1.8m200.0k shares
Banco BTG Pactual S.A. New $1.8m206.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.8m1.4m shares
CITADEL ADVISORS LLC Added $3.7m432.8k shares
PEAK6 Investments LLC Added $2.5m292.9k shares
Banco BTG Pactual S.A. New $1.8m206.5k shares
SIMPLEX TRADING, LLC Added $1.3m150.3k shares
Caption Management, LLC Added $895.4k104.0k shares
Walleye Trading LLC Reduced $596.7k69.3k shares
CAPITAL FUND MANAGEMENT S.A. New $555.3k64.5k shares
WOLVERINE TRADING, LLC Added $499.4k58.0k shares
GROUP ONE TRADING LLC Reduced $449.4k52.2k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BlackRock, Inc. 13G · institution +4.3 pts · filed 2026-07-29 8.9% +4.3 pts 14.1m≈ $127.6m 2026-07-29

Fell to 5% or below in the last year: Point72 Asset Management, L.P. (3.8%, 2026-02-17)

Insider purchases and sales in Q3 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q3 2023.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 30,661,53030.7m $264.0m $264.0m 0.01% Added +1.8m +1,822,172
2 Capital World Investors 0.04% of their portfolio LOS ANGELES, CA 24,493,71424.5m $210.9m $210.9m 0.04% Reduced -75.2k -75,245
3 FMR LLC 0.01% of their portfolio BOSTON, MA 18,956,16119.0m $163.2m $163.2m 0.01% Reduced -1.9m -1,910,227
4 Point72 Asset Management, L.P. 0.29% of their portfolio STAMFORD, CT 10,017,90010.0m $86.3m $86.3m 0.29% Added +2.2m +2,186,800
5 Sylebra Capital Ltd 4.25% of their portfolio HONG KONG, K3 9,294,8259.3m $80.0m $80.0m 4.25% Reduced -2.3m -2,253,829
6 SYLEBRA CAPITAL LLC 4.25% of their portfolio PALO ALTO, CA 9,294,8259.3m $80.0m $80.0m 4.25% First filing
7 Tekne Capital Management, LLC 22.68% of their portfolio NEW YORK, NY 7,131,9927.1m $61.4m $61.4m 22.68% Reduced -4.1m -4,129,596
8 ANTIPODES PARTNERS Ltd 1.42% of their portfolio ROYAL EXCHANGE, C3 5,104,0985.1m $44.2m $44.2m 1.42% Reduced -852.5k -852,467
9 NORGES BANK 0.01% of their portfolio OSLO, Q8 4,963,5645.0m $42.7m $42.7m 0.01% Unchanged
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,522,6523.5m $30.3m $30.3m 0.00% Added +93.2k +93,191
11 Polunin Capital Partners Ltd 5.91% of their portfolio LONDON, X0 3,051,3693.1m $26.3m $26.3m 5.91% Reduced -80.6k -80,600
12 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,876,0102.9m $24.8m $24.8m 0.00% Added +245.9k +245,867
13 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.12% of their portfolio JUPITER, FL 2,871,2832.9m $24.7m $24.7m 0.12% Added +878.1k +878,086
14 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 2,704,0742.7m $24.5m $24.5m 0.01% New
15 Incline Global Management LLC 5.90% of their portfolio New York, NY 2,127,6992.1m $18.3m $18.3m 5.90% Reduced -140.5k -140,488
16 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,069,8392.1m $17.8m $17.8m 0.00% Added +122.1k +122,073
17 Robeco Institutional Asset Management B.V. 0.04% of their portfolio ROTTERDAM, P7 1,853,5841.9m $16.0m $16.0m 0.04% Added +85.6k +85,584
18 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 1,780,2561.8m $15.3m $15.3m 0.02% Added +242.0k +242,008
19 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,463,1171.5m $12.6m $12.6m 0.00% Added +2.5k +2,454
20 Contrarius Investment Management Ltd 0.69% of their portfolio St. Helier, Y9 1,417,4531.4m $12.2m $12.2m 0.69% New
21 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,337,0841.3m $11.5m $11.5m 0.00% Added +202.8k +202,759
22 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 1,317,7031.3m $11.3m $11.3m 0.01% Reduced -667.9k -667,890
23 Verition Fund Management LLC 0.15% of their portfolio GREENWICH, CT 1,264,3241.3m $10.9m $10.9m 0.15% New
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 1,161,0881.2m $10.0m $10.0m 0.02% Added +304.6k +304,584
25 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,110,5751.1m $9.6m $9.6m 0.00% Added +87.6k +87,612
26 SPX Gestao de Recursos Ltda 0.49% of their portfolio RIO DE JANEIRO, D5 1,082,2471.1m $9.3m $9.3m 0.49% Added +53.2k +53,194
27 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 1,071,6941.1m $9.2m $9.2m 0.02% Reduced -558.8k -558,755
28 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 1,021,4401.0m $8.8m $8.8m 0.00% Reduced -3.0m -3,039,766
29 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio TORONTO, A6 999,700999.7k $8.6m $8.6m 0.04% Added +925.0k +925,000
30 FORMULA GROWTH LTD 2.53% of their portfolio MONTREAL, A8 861,957862.0k $7.4m $7.4m 2.53% Reduced -68.3k -68,329
31 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 852,995853.0k $7.3m $7.3m 0.00% Reduced -3.5m -3,515,974
32 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 814,553814.6k $7.0m $7.0m 0.00% Reduced -29.4k -29,377
33 Man Group plc 0.02% of their portfolio LONDON, X0 803,373803.4k $6.9m $6.9m 0.02% New
34 Long Focus Capital Management, LLC 0.89% of their portfolio SAN JUAN, PR 721,041721.0k $6.2m $6.2m 0.89% New
35 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.15% of their portfolio HOUSTON, TX 710,000710.0k $6.1m $6.1m 0.15% New
36 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 576,975577.0k $5.0m $5.0m 0.00% Reduced -5.4k -5,361
37 Saba Capital Management, L.P. 0.15% of their portfolio NEW YORK, NY 558,839558.8k $4.8m $4.8m 0.15% Reduced -62.3k -62,293
38 Handelsbanken Fonder AB 0.03% of their portfolio STOCKHOLM, V7 555,584555.6k $4.8m $4.8m 0.03% Added +274.7k +274,703
39 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 518,365518.4k $4.5m $4.5m 0.00% Reduced -144.8k -144,789
40 Squarepoint Ops LLC 0.02% of their portfolio NEW YORK, NY 486,185486.2k $4.2m $4.2m 0.02% New
41 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 472,265472.3k $4.1m $4.1m 0.00% Added +267.7k +267,705
42 AXA S.A. 0.01% of their portfolio PARIS, I0 447,681447.7k $3.9m $3.9m 0.01% Reduced -4.8k -4,837
43 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 428,684428.7k $3.7m $3.7m 0.00% Added +23.3k +23,346
44 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 387,310387.3k $3.3m $3.3m 0.00% Added +188.3k +188,310
45 BW Gestao de Investimentos Ltda. 0.39% of their portfolio SAO PAULO, D5 368,000368.0k $3.2m $3.2m 0.39% Unchanged
46 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 361,132361.1k $3.1m $3.1m 0.00% Reduced -4.1k -4,076
47 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 359,898359.9k $3.1m $3.1m 0.00% Added +281.5k +281,536
48 MIRABELLA FINANCIAL SERVICES LLP 0.43% of their portfolio London, X0 353,734353.7k $3.0m $3.0m 0.43% Added +109.8k +109,800
49 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 345,535345.5k $3.0m $3.0m 0.01% New
50 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 341,874341.9k $2.9m $2.9m 0.01% Reduced -3.9k -3,857
51 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 338,786338.8k $2.9m $2.9m 0.00% Reduced -23.8k -23,843
52 Amova Asset Management Americas, Inc. 0.03% of their portfolio New York, NY 338,786338.8k $2.9m $2.9m 0.03% Reduced -23.8k -23,843
53 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 0.49% of their portfolio SOUTH NORWALK, CT 313,200313.2k $2.7m $2.7m 0.49% New
54 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 313,049313.0k $2.7m $2.7m 0.00% Reduced -3.5m -3,452,801
55 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 304,238304.2k $2.6m $2.6m 0.00% Added +17.1k +17,076
56 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 295,256295.3k $2.5m $2.5m 0.01% Reduced -128.0k -127,967
57 KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 0.71% of their portfolio NEWPORT BEACH, CA 260,173260.2k $2.2m $2.2m 0.71% Reduced -15.4k -15,372
58 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 254,891254.9k $2.2m $2.2m 0.00% New
59 PDT Partners, LLC 0.27% of their portfolio New York, NY 252,091252.1k $2.2m $2.2m 0.27% Reduced -77.7k -77,702
60 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 239,466239.5k $2.1m $2.1m 0.00% Added +104.6k +104,636
61 UBS Group AG 0.00% of their portfolio ZURICH, V8 238,808238.8k $2.1m $2.1m 0.00% Reduced -20.7k -20,686
62 Madison Asset Management, LLC 0.03% of their portfolio MADISON, WI 234,357234.4k $2.0m $2.0m 0.03% Reduced -4.7k -4,691
63 Bellecapital International Ltd. 0.51% of their portfolio ZURICH, V8 234,126234.1k $2.0m $2.0m 0.51% Added +17.5k +17,539
64 INTREPID CAPITAL MANAGEMENT INC 1.38% of their portfolio JACKSONVILLE BEACH, FL 231,693231.7k $2.0m $2.0m 1.38% Reduced -6.3k -6,339
65 SEVEN EIGHT CAPITAL, LP 0.22% of their portfolio New York, NY 216,069216.1k $1.9m $1.9m 0.22% New
66 Perpetual Ltd 0.02% of their portfolio SYDNEY, NEW SOUTH WALES, C3 214,190214.2k $1.8m $1.8m 0.02% Reduced -1.0k -1,000
67 Metis Global Partners, LLC 0.09% of their portfolio San Diego, CA 208,022208.0k $1.8m $1.8m 0.09% Added +190.6k +190,574
68 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 207,413207.4k $1.8m $1.8m 0.00% Reduced -1.1m -1,136,498
69 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 200,687200.7k $1.7m $1.7m 0.00% Reduced -1.8m -1,838,201
70 Legal & General Group Plc 0.00% of their portfolio London, X0 194,807194.8k $1.7m $1.7m 0.00% Added +18.6k +18,597
71 LRT Capital Management, LLC 1.16% of their portfolio Austin, TX 194,052194.1k $1.7m $1.7m 1.16% Added +81.4k +81,390
72 Baader Bank Aktiengesellschaft 0.15% of their portfolio Unterschleissheim, 2M 194,000194.0k $1.7m $1.7m 0.15% New
73 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 192,400192.4k $1.7m $1.7m 0.00% Reduced -387.5k -387,538
74 Vident Advisory, LLC 0.05% of their portfolio Alpharetta, GA 192,290192.3k $1.7m $1.7m 0.05% First filing
75 Provida Pension Fund Administrator 0.06% of their portfolio LAS CONDES, SANTIAGO, F3 185,599185.6k $1.6m $1.6m 0.06% Added +184.6k +184,599
76 ICON ADVISERS INC/CO 0.40% of their portfolio GREENWOOD VILLAGE, CO 185,300185.3k $1.6m $1.6m 0.40% New
77 Walleye Capital LLC 0.02% of their portfolio NEW YORK, NY 171,819171.8k $1.5m $1.5m 0.02% New
78 Richard P Slaughter Associates Inc 0.39% of their portfolio AUSTIN, TX 169,349169.3k $1.5m $1.5m 0.39% Reduced -1.2k -1,161
79 Trexquant Investment LP 0.04% of their portfolio STAMFORD, CT 168,282168.3k $1.4m $1.4m 0.04% Reduced -89.5k -89,517
80 Arisaig Partners (Asia) Pte Ltd. 0.84% of their portfolio SINGAPORE, U0 162,813162.8k $1.4m $1.4m 0.84% Unchanged
81 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 160,945160.9k $1.4m $1.4m 0.00% Reduced -1.4m -1,391,662
82 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 160,714160.7k $1.4m $1.4m 0.00% Reduced -364.2k -364,160
83 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 147,426147.4k $1.3m $1.3m 0.00% New
84 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 143,721143.7k $1.2m $1.2m 0.00% Reduced -7.1k -7,131
85 Lombard Odier Asset Management (Europe) Ltd 0.06% of their portfolio LONDON, X0 140,000140.0k $1.2m $1.2m 0.06% Reduced -30.0k -30,000
86 ALPS ADVISORS INC 0.01% of their portfolio Denver, CO 118,709118.7k $1.0m $1.0m 0.01% Added +7.3k +7,341
87 BFSG, LLC 0.16% of their portfolio IRVINE, CA 117,324117.3k $1.0m $1.0m 0.16% New
88 GROUP ONE TRADING LLC 0.04% of their portfolio CHICAGO, IL 116,388116.4k $1.0m $1.0m 0.04% Added +33.3k +33,264
89 SIMPLEX TRADING, LLC 0.04% of their portfolio CHICAGO, IL 115,261115.3k $992.0k $992.0k 0.04% Added +59.8k +59,773
90 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 114,085114.1k $982.3k $982.3k 0.00% Reduced -2.5m -2,529,763
91 Cohen Capital Management, Inc. 0.19% of their portfolio CORTE MADERA, CA 109,865109.9k $945.9k $945.9k 0.19% Reduced -2.3k -2,314
92 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 106,989107.0k $921.2k $921.2k 0.00% Reduced -42.6k -42,610
93 Penserra Capital Management LLC 0.02% of their portfolio ORINDA, CA 105,605105.6k $909.0k $909.0k 0.02% Reduced -7.1k -7,085
94 Intellectus Partners, LLC 0.29% of their portfolio SAN FRANCISCO, CA 105,193105.2k $905.7k $905.7k 0.29% Added +2.5k +2,450
95 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 102,873102.9k $886.0k $886.0k 0.00% Added +23.6k +23,629
96 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 102,022102.0k $878.4k $878.4k 0.00% New
97 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 100,179100.2k $863.0k $863.0k 0.00% Added +18.1k +18,075
98 Grandeur Peak Global Advisors, LLC 0.06% of their portfolio SALT LAKE CITY, UT 100,000100.0k $861.0k $861.0k 0.06% Reduced -69.3k -69,251
99 FEDERATED HERMES, INC. 0.00% of their portfolio PITTSBURGH, PA 99,91399.9k $860.3k $860.3k 0.00% New
100 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 99,16099.2k $853.8k $853.8k 0.01% Added +3.5k +3,526