PAGSEGURO DIGITAL LTD PAGS
COM CL A · Common Stock · CUSIP G68707101 · ISIN KYG687071012
- SectorTechnology
- IndustryServices-Computer Processing & Data Preparation
- FilingsSEC EDGAR
* 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 ($239.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.46. Options: 20 managers hold calls ($72.2m notional), 20 hold puts ($35.8m).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 188 |
| Q4 2022 | 193 |
| Q1 2023 | 195 |
| Q2 2023 | 213 |
| Q3 2023 | 227 |
| Q4 2023 | 220 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 109 | 94 |
| Q1 2023 | 118 | 84 |
| Q2 2023 | 124 | 105 |
| Q3 2023 | 123 | 109 |
| Q4 2023 | 106 | 129 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $36.2m | $11.6m | 0.32 |
| Q2 2023 | $36.6m | $15.9m | 0.43 |
| Q3 2023 | $39.8m | $25.9m | 0.65 |
| Q4 2023 | $72.2m | $35.8m | 0.50 |
Biggest buyers
| MORGAN STANLEY | Added | +3.5m |
| SPX Gestao de Recursos Ltda | Added | +2.7m |
| Point72 Asset Management, L.P. | Added | +906.5k |
| MILLENNIUM MANAGEMENT LLC | Added | +898.6k |
| DEUTSCHE BANK AG\ | Added | +808.3k |
| GOLDMAN SACHS GROUP INC | Added | +654.6k |
| Nuveen Asset Management, LLC | Added | +646.0k |
| Clark Capital Management Group, Inc. | New | +631.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | New | +626.0k |
| Walleye Capital LLC | Added | +603.7k |
Biggest sellers
| BlackRock Inc. | Reduced | -7.8m |
| Capital World Investors | Reduced | -5.9m |
| ANTIPODES PARTNERS Ltd | Sold out | -5.1m |
| BANK OF MONTREAL /CAN/ | Sold out | -2.7m |
| Contrarius Investment Management Ltd | Sold out | -1.4m |
| NEUBERGER BERMAN GROUP LLC | Sold out | -1.3m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -815.5k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -812.3k |
| Man Group plc | Sold out | -803.4k |
| Incline Global Management LLC | Reduced | -679.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $12.7m1.0m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $11.0m882.4k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $7.3m586.4k shares |
| Walleye Trading LLC | Added | $7.0m557.9k shares |
| JANE STREET GROUP, LLC | Added | $5.4m432.4k shares |
| GROUP ONE TRADING LLC | Added | $5.2m420.4k shares |
| PEAK6 Investments LLC | Reduced | $4.0m316.9k shares |
| Squarepoint Ops LLC | New | $3.4m275.2k shares |
| BANK OF AMERICA CORP /DE/ | New | $3.4m270.0k shares |
| SIMPLEX TRADING, LLC | Added | $3.0m239.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $8.7m701.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $8.0m638.1k shares |
| PEAK6 Investments LLC | Reduced | $3.7m292.8k shares |
| Banco BTG Pactual S.A. | Unchanged | $2.6m206.5k shares |
| GROUP ONE TRADING LLC | Added | $2.1m170.1k shares |
| D. E. Shaw & Co., Inc. | New | $2.0m158.8k shares |
| SIMPLEX TRADING, LLC | Added | $1.9m151.2k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $1.2m96.5k shares |
| JANE STREET GROUP, LLC | Added | $1.1m84.3k shares |
| Walleye Capital LLC | Added | $911.6k73.1k 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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +4.3 pts · filed 2026-07-29 | 8.9% |
Fell to 5% or below in the last year: Point72 Asset Management, L.P. (3.8%, 2026-02-17)
Insider purchases and sales in Q4 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 Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.01% of their portfolio | 22.9m $285.5m | Reduced -7.8m |
| FMR LLC 0.02% of their portfolio | 19.5m $242.6m | Added +501.2k |
| Capital World Investors 0.04% of their portfolio | 18.6m $231.6m | Reduced -5.9m |
| Point72 Asset Management, L.P. 0.41% of their portfolio | 10.9m $136.2m | Added +906.5k |
| SYLEBRA CAPITAL LLC 4.50% of their portfolio | 9.5m $118.8m | Added +234.2k |
| Tekne Capital Management, LLC 29.50% of their portfolio | 6.5m $80.8m | Reduced -653.0k |
| MORGAN STANLEY 0.00% of their portfolio | 6.4m $79.4m | Added +3.5m |
| NORGES BANK 0.01% of their portfolio | 4.4m $54.5m | Reduced -591.3k |
| SPX Gestao de Recursos Ltda 3.63% of their portfolio | 3.8m $46.9m | Added +2.7m |
| STATE STREET CORP 0.00% of their portfolio | 3.8m $46.8m | Added +231.0k |
| Polunin Capital Partners Ltd 8.50% of their portfolio | 3.6m $45.4m | Added +589.6k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 2.8m $34.8m | Reduced -77.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.2m $27.3m | Added +117.3k |
| Robeco Institutional Asset Management B.V. 0.06% of their portfolio | 1.9m $23.5m | Added +28.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.5m $18.7m | Added +36.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.5m $18.7m | Added +646.0k |
| Incline Global Management LLC 5.69% of their portfolio | 1.4m $18.1m | Reduced -679.7k |
| VANGUARD GROUP INC 0.00% of their portfolio | 1.4m $17.6m | Added +76.2k |
| 14B Captial Management LP 10.39% of their portfolio | 1.4m $17.2m | First filing |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 1.3m $16.4m | Reduced -467.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 1.2m $14.9m | Added +86.7k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 1.2m $14.6m | Added +654.6k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 1.1m $14.2m | Added +898.6k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 1.1m $14.0m | Added +808.3k |
| Absolute Gestao de Investimentos Ltda. 4.64% of their portfolio | 954.0k $11.9m | First filing |
| CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio | 881.8k $11.0m | Added +494.5k |
| AXA S.A. 0.02% of their portfolio | 830.4k $10.4m | Added +382.7k |
| Long Focus Capital Management, LLC 1.27% of their portfolio | 790.0k $9.9m | Added +69.0k |
| FORMULA GROWTH LTD 3.15% of their portfolio | 787.9k $9.8m | Reduced -74.1k |
| Walleye Capital LLC 0.14% of their portfolio | 775.5k $9.7m | Added +603.7k |
| Verition Fund Management LLC 0.10% of their portfolio | 759.6k $9.5m | Reduced -504.7k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 656.6k $8.2m | Added +495.9k |
| Clark Capital Management Group, Inc. 0.06% of their portfolio | 631.3k $7.9m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 626.0k $7.8m | New |
| Squarepoint Ops LLC 0.03% of their portfolio | 611.7k $7.6m | Added +125.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 602.5k $7.5m | Added +130.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 578.4k $7.2m | Added +1.4k |
| Saba Capital Management, L.P. 0.17% of their portfolio | 566.3k $7.1m | Added +7.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.15% of their portfolio | 550.0k $6.9m | Reduced -160.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 522.2k $6.5m | Added +227.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 516.4k $6.4m | Reduced -644.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio | 501.0k $6.2m | Reduced -498.7k |
| Invesco Ltd. 0.00% of their portfolio | 476.2k $5.9m | Added +47.5k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 404.9k $5.0m | Added +243.9k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 390.9k $4.9m | Added +190.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 347.7k $4.3m | Reduced -466.8k |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 346.2k $4.3m | Added +153.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 345.4k $4.3m | Reduced -14.5k |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 330.1k $4.1m | Reduced -11.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 317.1k $4.0m | Added +12.8k |
| DISCOVERY CAPITAL MANAGEMENT, LLC / CT 0.60% of their portfolio | 315.6k $3.9m | Added +2.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 312.5k $3.9m | Reduced -26.3k |
| Amova Asset Management Americas, Inc. 0.04% of their portfolio | 312.5k $3.9m | Reduced -26.3k |
| Handelsbanken Fonder AB 0.02% of their portfolio | 299.5k $3.7m | Reduced -256.1k |
| UBS Group AG 0.00% of their portfolio | 299.0k $3.7m | Added +60.2k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 294.5k $3.7m | Reduced -51.0k |
| BARCLAYS PLC 0.00% of their portfolio | 287.6k $3.6m | Added +214.0k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 282.8k $3.5m | Added +135.3k |
| BW Gestao de Investimentos Ltda. 0.40% of their portfolio | 280.2k $3.5m | Reduced -87.8k |
| Grandeur Peak Global Advisors, LLC 0.24% of their portfolio | 277.0k $3.5m | Added +177.0k |
| INTREPID CAPITAL MANAGEMENT INC 2.28% of their portfolio | 267.9k $3.3m | Added +36.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 267.6k $3.3m | Reduced -93.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 259.4k $3.2m | Reduced -812.3k |
| Metis Global Partners, LLC 0.12% of their portfolio | 235.9k $2.9m | Added +27.9k |
| Itau Unibanco Holding S.A. 0.10% of their portfolio | 232.9k $3.0m | New |
| Aurora Investment Counsel 1.05% of their portfolio | 213.9k $1.6m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 205.9k $2.6m | Reduced -815.5k |
| Legal & General Group Plc 0.00% of their portfolio | 203.4k $2.5m | Added +8.6k |
| Bellecapital International Ltd. 0.56% of their portfolio | 197.8k $2.5m | Reduced -36.4k |
| KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 0.65% of their portfolio | 184.4k $2.3m | Reduced -75.8k |
| Vident Advisory, LLC 0.06% of their portfolio | 179.2k $2.2m | Reduced -13.1k |
| Richard P Slaughter Associates Inc 0.53% of their portfolio | 170.5k $2.1m | Added +1.1k |
| PDT Partners, LLC 0.21% of their portfolio | 151.0k $1.9m | Reduced -101.1k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 143.9k $1.8m | Added +29.8k |
| Boston Partners 0.00% of their portfolio | 141.9k $1.8m | Added +51.5k |
| Lombard Odier Asset Management (Europe) Ltd 0.12% of their portfolio | 140.0k $1.7m | Unchanged |
| MIRABELLA FINANCIAL SERVICES LLP 0.23% of their portfolio | 130.2k $1.6m | Reduced -223.5k |
| Arisaig Partners (Asia) Pte Ltd. 1.04% of their portfolio | 128.0k $1.6m | Reduced -34.8k |
| CITIGROUP INC 0.00% of their portfolio | 110.0k $1.4m | Added +19.5k |
| Trexquant Investment LP 0.03% of their portfolio | 109.5k $1.4m | Reduced -58.8k |
| Bayesian Capital Management, LP 0.14% of their portfolio | 108.6k $1.4m | Added +44.0k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 106.6k $1.3m | Added +17.3k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 105.9k $1.3m | Reduced -149.0k |
| MetLife Investment Management, LLC 0.01% of their portfolio | 105.2k $1.3m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 104.6k $1.3m | Added +32.4k |
| LRT Capital Management, LLC 1.22% of their portfolio | 103.3k $1.3m | Reduced -90.7k |
| ALPS ADVISORS INC 0.01% of their portfolio | 100.6k $1.3m | Reduced -18.1k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio | 98.8k $1.2m | Reduced -399 |
| Penserra Capital Management LLC 0.02% of their portfolio | 96.3k $1.2m | Reduced -9.3k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 95.8k $1.2m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 95.6k $1.2m | Reduced -48.2k |
| Intellectus Partners, LLC 0.34% of their portfolio | 94.2k $1.2m | Reduced -10.9k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 92.2k $1.1m | Added +1.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 86.9k $1.1m | Added +11.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 82.0k $1.0m | Reduced -10.0k |
| Cohen Capital Management, Inc. 0.19% of their portfolio | 81.0k $1.0m | Reduced -28.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 80.1k $998.8k | Reduced -5.6k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio | 80.0k $997.6k | Unchanged |
| SEVEN EIGHT CAPITAL, LP 0.11% of their portfolio | 77.6k $968.2k | Reduced -138.4k |
| Federation des caisses Desjardins du Quebec 0.01% of their portfolio | 77.0k $960.2k | Reduced -8.5k |