Vault-13

PAGSEGURO DIGITAL LTD PAGS

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

220 institutional holders -7 vs Q3 2023
155,899,166155.9m shares reported held*
$1.9bnreported value*
32 new 74 added 82 reduced 47 sold out net sold ≈ $221.3m (-16.9m 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 ($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

0100200300Q3 22: 188Q4 22: 193Q1 23: 195Q2 23: 213Q3 23: 227Q4 23: 220220Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022188
Q4 2022193
Q1 2023195
Q2 2023213
Q3 2023227
Q4 2023220

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 23Q4 23: 106 bought or addedQ4 23: 129 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 202210994
Q1 202311884
Q2 2023124105
Q3 2023123109
Q4 2023106129

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ1 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 0.65Q4 23 calls: $72.2mQ4 23 puts: $35.8mQ4 23P/C 0.50
Numbers
QuarterCallsPutsP/C
Q1 2023$36.2m$11.6m0.32
Q2 2023$36.6m$15.9m0.43
Q3 2023$39.8m$25.9m0.65
Q4 2023$72.2m$35.8m0.50

Biggest buyers

MORGAN STANLEY Added +3,492,564+3.5m
SPX Gestao de Recursos Ltda Added +2,677,659+2.7m
Point72 Asset Management, L.P. Added +906,510+906.5k
MILLENNIUM MANAGEMENT LLC Added +898,639+898.6k
DEUTSCHE BANK AG\ Added +808,268+808.3k
GOLDMAN SACHS GROUP INC Added +654,555+654.6k
Nuveen Asset Management, LLC Added +646,035+646.0k
Clark Capital Management Group, Inc. New +631,341+631.3k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP New +626,000+626.0k
Walleye Capital LLC Added +603,679+603.7k

Biggest sellers

BlackRock Inc. Reduced -7,765,787-7.8m
Capital World Investors Reduced -5,922,955-5.9m
ANTIPODES PARTNERS Ltd Sold out -5,104,098-5.1m
BANK OF MONTREAL /CAN/ Sold out -2,704,074-2.7m
Contrarius Investment Management Ltd Sold out -1,417,453-1.4m
NEUBERGER BERMAN GROUP LLC Sold out -1,317,703-1.3m
WELLINGTON MANAGEMENT GROUP LLP Reduced -815,515-815.5k
BNP PARIBAS FINANCIAL MARKETS Reduced -812,273-812.3k
Man Group plc Sold out -803,373-803.4k
Incline Global Management LLC Reduced -679,748-679.7k

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.

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 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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock Inc. 0.01% of their portfolio New York, NY 22,895,74322.9m $285.5m $285.5m 0.01% Reduced -7.8m -7,765,787
2 FMR LLC 0.02% of their portfolio BOSTON, MA 19,457,33019.5m $242.6m $242.6m 0.02% Added +501.2k +501,169
3 Capital World Investors 0.04% of their portfolio LOS ANGELES, CA 18,570,75918.6m $231.6m $231.6m 0.04% Reduced -5.9m -5,922,955
4 Point72 Asset Management, L.P. 0.41% of their portfolio STAMFORD, CT 10,924,41010.9m $136.2m $136.2m 0.41% Added +906.5k +906,510
5 SYLEBRA CAPITAL LLC 4.50% of their portfolio PALO ALTO, CA 9,529,0149.5m $118.8m $118.8m 4.50% Added +234.2k +234,189
6 Tekne Capital Management, LLC 29.50% of their portfolio NEW YORK, NY 6,479,0006.5m $80.8m $80.8m 29.50% Reduced -653.0k -652,992
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6,368,5746.4m $79.4m $79.4m 0.00% Added +3.5m +3,492,564
8 NORGES BANK 0.01% of their portfolio OSLO, Q8 4,372,2864.4m $54.5m $54.5m 0.01% Reduced -591.3k -591,278
9 SPX Gestao de Recursos Ltda 3.63% of their portfolio RIO DE JANEIRO, D5 3,759,9063.8m $46.9m $46.9m 3.63% Added +2.7m +2,677,659
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,753,6523.8m $46.8m $46.8m 0.00% Added +231.0k +231,000
11 Polunin Capital Partners Ltd 8.50% of their portfolio LONDON, X0 3,640,9693.6m $45.4m $45.4m 8.50% Added +589.6k +589,600
12 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio JUPITER, FL 2,793,9132.8m $34.8m $34.8m 0.14% Reduced -77.4k -77,370
13 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,187,1352.2m $27.3m $27.3m 0.00% Added +117.3k +117,296
14 Robeco Institutional Asset Management B.V. 0.06% of their portfolio ROTTERDAM, P7 1,882,3471.9m $23.5m $23.5m 0.06% Added +28.8k +28,763
15 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,499,5801.5m $18.7m $18.7m 0.00% Added +36.5k +36,463
16 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 1,499,0301.5m $18.7m $18.7m 0.01% Added +646.0k +646,035
17 Incline Global Management LLC 5.69% of their portfolio New York, NY 1,447,9511.4m $18.1m $18.1m 5.69% Reduced -679.7k -679,748
18 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,413,2711.4m $17.6m $17.6m 0.00% Added +76.2k +76,187
19 14B Captial Management LP 10.39% of their portfolio LA JOLLA, CA 1,380,0001.4m $17.2m $17.2m 10.39% First filing
20 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 1,312,5101.3m $16.4m $16.4m 0.02% Reduced -467.7k -467,746
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,197,2661.2m $14.9m $14.9m 0.00% Added +86.7k +86,691
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,172,9201.2m $14.6m $14.6m 0.00% Added +654.6k +654,555
23 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 1,138,1051.1m $14.2m $14.2m 0.01% Added +898.6k +898,639
24 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 1,121,3171.1m $14.0m $14.0m 0.01% Added +808.3k +808,268
25 Absolute Gestao de Investimentos Ltda. 4.64% of their portfolio SAO PAULO, D5 954,010954.0k $11.9m $11.9m 4.64% First filing
26 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 881,810881.8k $11.0m $11.0m 0.01% Added +494.5k +494,500
27 AXA S.A. 0.02% of their portfolio PARIS, I0 830,388830.4k $10.4m $10.4m 0.02% Added +382.7k +382,707
28 Long Focus Capital Management, LLC 1.27% of their portfolio SAN JUAN, PR 790,000790.0k $9.9m $9.9m 1.27% Added +69.0k +68,959
29 FORMULA GROWTH LTD 3.15% of their portfolio MONTREAL, A8 787,857787.9k $9.8m $9.8m 3.15% Reduced -74.1k -74,100
30 Walleye Capital LLC 0.14% of their portfolio NEW YORK, NY 775,498775.5k $9.7m $9.7m 0.14% Added +603.7k +603,679
31 Verition Fund Management LLC 0.10% of their portfolio GREENWICH, CT 759,575759.6k $9.5m $9.5m 0.10% Reduced -504.7k -504,749
32 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 656,564656.6k $8.2m $8.2m 0.01% Added +495.9k +495,850
33 Clark Capital Management Group, Inc. 0.06% of their portfolio PHILADELPHIA, PA 631,341631.3k $7.9m $7.9m 0.06% New
34 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 626,000626.0k $7.8m $7.8m 0.01% New
35 Squarepoint Ops LLC 0.03% of their portfolio NEW YORK, NY 611,715611.7k $7.6m $7.6m 0.03% Added +125.5k +125,530
36 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 602,450602.5k $7.5m $7.5m 0.00% Added +130.2k +130,185
37 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 578,391578.4k $7.2m $7.2m 0.00% Added +1.4k +1,416
38 Saba Capital Management, L.P. 0.17% of their portfolio NEW YORK, NY 566,314566.3k $7.1m $7.1m 0.17% Added +7.5k +7,475
39 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.15% of their portfolio HOUSTON, TX 550,000550.0k $6.9m $6.9m 0.15% Reduced -160.0k -160,000
40 ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio Boston, MA 522,207522.2k $6.5m $6.5m 0.03% Added +227.0k +226,951
41 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 516,439516.4k $6.4m $6.4m 0.01% Reduced -644.6k -644,649
42 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.02% of their portfolio TORONTO, A6 501,000501.0k $6.2m $6.2m 0.02% Reduced -498.7k -498,700
43 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 476,183476.2k $5.9m $5.9m 0.00% Added +47.5k +47,499
44 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 404,882404.9k $5.0m $5.0m 0.01% Added +243.9k +243,937
45 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 390,852390.9k $4.9m $4.9m 0.00% Added +190.2k +190,165
46 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 347,746347.7k $4.3m $4.3m 0.00% Reduced -466.8k -466,807
47 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 346,212346.2k $4.3m $4.3m 0.01% Added +153.8k +153,812
48 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 345,392345.4k $4.3m $4.3m 0.00% Reduced -14.5k -14,506
49 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 330,147330.1k $4.1m $4.1m 0.01% Reduced -11.7k -11,727
50 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 317,076317.1k $4.0m $4.0m 0.00% Added +12.8k +12,838
51 DISCOVERY CAPITAL MANAGEMENT, LLC / CT 0.60% of their portfolio SOUTH NORWALK, CT 315,600315.6k $3.9m $3.9m 0.60% Added +2.4k +2,400
52 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 312,477312.5k $3.9m $3.9m 0.00% Reduced -26.3k -26,309
53 Amova Asset Management Americas, Inc. 0.04% of their portfolio New York, NY 312,477312.5k $3.9m $3.9m 0.04% Reduced -26.3k -26,309
54 Handelsbanken Fonder AB 0.02% of their portfolio STOCKHOLM, V7 299,460299.5k $3.7m $3.7m 0.02% Reduced -256.1k -256,124
55 UBS Group AG 0.00% of their portfolio ZURICH, V8 299,005299.0k $3.7m $3.7m 0.00% Added +60.2k +60,197
56 Balyasny Asset Management L.P. 0.01% of their portfolio Chicago, IL 294,518294.5k $3.7m $3.7m 0.01% Reduced -51.0k -51,017
57 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 287,582287.6k $3.6m $3.6m 0.00% Added +214.0k +214,032
58 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 282,752282.8k $3.5m $3.5m 0.00% Added +135.3k +135,326
59 BW Gestao de Investimentos Ltda. 0.40% of their portfolio SAO PAULO, D5 280,195280.2k $3.5m $3.5m 0.40% Reduced -87.8k -87,805
60 Grandeur Peak Global Advisors, LLC 0.24% of their portfolio SALT LAKE CITY, UT 276,953277.0k $3.5m $3.5m 0.24% Added +177.0k +176,953
61 INTREPID CAPITAL MANAGEMENT INC 2.28% of their portfolio JACKSONVILLE BEACH, FL 267,946267.9k $3.3m $3.3m 2.28% Added +36.3k +36,253
62 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 267,632267.6k $3.3m $3.3m 0.00% Reduced -93.5k -93,500
63 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 259,421259.4k $3.2m $3.2m 0.01% Reduced -812.3k -812,273
64 Metis Global Partners, LLC 0.12% of their portfolio San Diego, CA 235,933235.9k $2.9m $2.9m 0.12% Added +27.9k +27,911
65 Itau Unibanco Holding S.A. 0.10% of their portfolio SAO PAULO, D5 232,924232.9k $3.0m $3.0m 0.10% New
66 Aurora Investment Counsel 1.05% of their portfolio ATLANTA, GA 213,928213.9k $1.6m $1.6m 1.05% New
67 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 205,925205.9k $2.6m $2.6m 0.00% Reduced -815.5k -815,515
68 Legal & General Group Plc 0.00% of their portfolio London, X0 203,375203.4k $2.5m $2.5m 0.00% Added +8.6k +8,568
69 Bellecapital International Ltd. 0.56% of their portfolio ZURICH, V8 197,757197.8k $2.5m $2.5m 0.56% Reduced -36.4k -36,369
70 KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 0.65% of their portfolio NEWPORT BEACH, CA 184,358184.4k $2.3m $2.3m 0.65% Reduced -75.8k -75,815
71 Vident Advisory, LLC 0.06% of their portfolio Alpharetta, GA 179,196179.2k $2.2m $2.2m 0.06% Reduced -13.1k -13,094
72 Richard P Slaughter Associates Inc 0.53% of their portfolio AUSTIN, TX 170,498170.5k $2.1m $2.1m 0.53% Added +1.1k +1,149
73 PDT Partners, LLC 0.21% of their portfolio New York, NY 150,999151.0k $1.9m $1.9m 0.21% Reduced -101.1k -101,092
74 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 143,871143.9k $1.8m $1.8m 0.00% Added +29.8k +29,786
75 Boston Partners 0.00% of their portfolio BOSTON, MA 141,934141.9k $1.8m $1.8m 0.00% Added +51.5k +51,498
76 Lombard Odier Asset Management (Europe) Ltd 0.12% of their portfolio LONDON, X0 140,000140.0k $1.7m $1.7m 0.12% Unchanged
77 MIRABELLA FINANCIAL SERVICES LLP 0.23% of their portfolio London, X0 130,204130.2k $1.6m $1.6m 0.23% Reduced -223.5k -223,530
78 Arisaig Partners (Asia) Pte Ltd. 1.04% of their portfolio SINGAPORE, U0 127,982128.0k $1.6m $1.6m 1.04% Reduced -34.8k -34,831
79 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 109,958110.0k $1.4m $1.4m 0.00% Added +19.5k +19,520
80 Trexquant Investment LP 0.03% of their portfolio STAMFORD, CT 109,491109.5k $1.4m $1.4m 0.03% Reduced -58.8k -58,791
81 Bayesian Capital Management, LP 0.14% of their portfolio Brooklyn, NY 108,601108.6k $1.4m $1.4m 0.14% Added +44.0k +44,000
82 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 106,645106.6k $1.3m $1.3m 0.00% Added +17.3k +17,340
83 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 105,899105.9k $1.3m $1.3m 0.00% Reduced -149.0k -148,992
84 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 105,240105.2k $1.3m $1.3m 0.01% New
85 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 104,570104.6k $1.3m $1.3m 0.00% Added +32.4k +32,377
86 LRT Capital Management, LLC 1.22% of their portfolio Austin, TX 103,346103.3k $1.3m $1.3m 1.22% Reduced -90.7k -90,706
87 ALPS ADVISORS INC 0.01% of their portfolio Denver, CO 100,574100.6k $1.3m $1.3m 0.01% Reduced -18.1k -18,135
88 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 98,76198.8k $1.2m $1.2m 0.01% Reduced -399 -399
89 Penserra Capital Management LLC 0.02% of their portfolio ORINDA, CA 96,32196.3k $1.2m $1.2m 0.02% Reduced -9.3k -9,284
90 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 95,77895.8k $1.2m $1.2m 0.00% Unchanged
91 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 95,56895.6k $1.2m $1.2m 0.00% Reduced -48.2k -48,153
92 Intellectus Partners, LLC 0.34% of their portfolio SAN FRANCISCO, CA 94,24394.2k $1.2m $1.2m 0.34% Reduced -10.9k -10,950
93 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 92,17492.2k $1.1m $1.1m 0.00% Added +1.8k +1,818
94 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 86,91386.9k $1.1m $1.1m 0.00% Added +11.0k +11,038
95 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 82,00482.0k $1.0m $1.0m 0.00% Reduced -10.0k -9,996
96 Cohen Capital Management, Inc. 0.19% of their portfolio CORTE MADERA, CA 80,96281.0k $1.0m $1.0m 0.19% Reduced -28.9k -28,903
97 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 80,10080.1k $998.8k $998.8k 0.00% Reduced -5.6k -5,595
98 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 80,00080.0k $997.6k $997.6k 0.00% Unchanged
99 SEVEN EIGHT CAPITAL, LP 0.11% of their portfolio New York, NY 77,64077.6k $968.2k $968.2k 0.11% Reduced -138.4k -138,429
100 Federation des caisses Desjardins du Quebec 0.01% of their portfolio LEVIS, A8 77,00177.0k $960.2k $960.2k 0.01% Reduced -8.5k -8,470