Vault-13

PAGSEGURO DIGITAL LTD PAGS

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

239 institutional holders +19 vs Q4 2023
161,450,359161.5m shares reported held*
$2.3bnreported value*
46 new 88 added 79 reduced 27 sold out net bought ≈ $91.6m (+6.3m 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 ($12.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $14.27. Options: 18 managers hold calls ($63.4m notional), 17 hold puts ($52.2m).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 188Q4 22: 193Q1 23: 195Q2 23: 213Q3 23: 227Q4 23: 220Q1 24: 239239Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022188
Q4 2022193
Q1 2023195
Q2 2023213
Q3 2023227
Q4 2023220
Q1 2024239

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 23Q1 24: 134 bought or addedQ1 24: 106 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202210994
Q1 202311884
Q2 2023124105
Q3 2023123109
Q4 2023106129
Q1 2024134106

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ2 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 0.50Q1 24 calls: $63.4mQ1 24 puts: $52.2mQ1 24P/C 0.82
Numbers
QuarterCallsPutsP/C
Q2 2023$36.6m$15.9m0.43
Q3 2023$39.8m$25.9m0.65
Q4 2023$72.2m$35.8m0.50
Q1 2024$63.4m$52.2m0.82

Biggest buyers

MARSHALL WACE, LLP Added +4,391,003+4.4m
MORGAN STANLEY Added +3,425,046+3.4m
Clark Capital Management Group, Inc. Added +1,933,851+1.9m
JANE STREET GROUP, LLC Added +1,314,670+1.3m
ACADIAN ASSET MANAGEMENT LLC Added +1,286,490+1.3m
Robeco Institutional Asset Management B.V. Added +1,268,204+1.3m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +864,567+864.6k
Qube Research & Technologies Ltd New +814,317+814.3k
Cubist Systematic Strategies, LLC New +673,570+673.6k
CITADEL ADVISORS LLC Added +639,297+639.3k

Biggest sellers

SPX Gestao de Recursos Ltda Reduced -3,574,083-3.6m
BlackRock Inc. Reduced -3,230,906-3.2m
NORGES BANK Reduced -2,623,683-2.6m
DEUTSCHE BANK AG\ Sold out -1,121,317-1.1m
Point72 Asset Management, L.P. Reduced -1,111,798-1.1m
VOLORIDGE INVESTMENT MANAGEMENT, LLC Reduced -687,507-687.5k
Absolute Gestao de Investimentos Ltda. Reduced -611,186-611.2k
AXA S.A. Reduced -595,971-596.0k
Squarepoint Ops LLC Reduced -450,967-451.0k
Incline Global Management LLC Reduced -423,301-423.3k

Biggest calls

CITADEL ADVISORS LLC Reduced $13.8m963.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $11.4m801.2k shares
JANE STREET GROUP, LLC Reduced $5.3m370.7k shares
Squarepoint Ops LLC Added $5.3m369.8k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $4.9m339.9k shares
Cubist Systematic Strategies, LLC New $3.9m270.2k shares
PEAK6 Investments LLC Reduced $3.8m265.6k shares
Banco BTG Pactual S.A. Reduced $2.9m206.3k shares
GROUP ONE TRADING LLC Reduced $2.7m192.0k shares
SIMPLEX TRADING, LLC Reduced $2.4m171.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $12.6m879.1k shares
CITADEL ADVISORS LLC Added $12.2m854.9k shares
JANE STREET GROUP, LLC Added $4.1m286.9k shares
PEAK6 Investments LLC Reduced $3.3m233.8k shares
Cubist Systematic Strategies, LLC Added $3.3m230.5k shares
Banco BTG Pactual S.A. Reduced $2.9m206.3k shares
D. E. Shaw & Co., Inc. Added $2.9m206.1k shares
Point72 Asset Management, L.P. New $2.2m153.5k shares
GROUP ONE TRADING LLC Reduced $2.2m151.1k shares
SIMPLEX TRADING, LLC Reduced $1.8m126.8k 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 Q1 2024

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 Q1 2024.

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 FMR LLC 0.02% of their portfolio BOSTON, MA 19,815,89119.8m $283.0m $283.0m 0.02% Added +358.6k +358,561
2 BlackRock Inc. 0.01% of their portfolio New York, NY 19,664,83719.7m $280.8m $280.8m 0.01% Reduced -3.2m -3,230,906
3 Capital World Investors 0.04% of their portfolio LOS ANGELES, CA 18,562,71718.6m $265.1m $265.1m 0.04% Reduced -8.0k -8,042
4 Point72 Asset Management, L.P. 0.41% of their portfolio STAMFORD, CT 9,812,6129.8m $140.1m $140.1m 0.41% Reduced -1.1m -1,111,798
5 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 9,793,6209.8m $139.9m $139.9m 0.00% Added +3.4m +3,425,046
6 SYLEBRA CAPITAL LLC 4.55% of their portfolio PALO ALTO, CA 9,593,6859.6m $137.0m $137.0m 4.55% Added +64.7k +64,671
7 Tekne Capital Management, LLC 26.45% of their portfolio NEW YORK, NY 6,479,0006.5m $92.5m $92.5m 26.45% Unchanged
8 MARSHALL WACE, LLP 0.11% of their portfolio LONDON, X0 4,496,9024.5m $64.2m $64.2m 0.11% Added +4.4m +4,391,003
9 Polunin Capital Partners Ltd 8.88% of their portfolio LONDON, X0 4,088,3804.1m $58.4m $58.4m 8.88% Added +447.4k +447,411
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 3,781,5043.8m $54.0m $54.0m 0.00% Added +27.9k +27,852
11 Robeco Institutional Asset Management B.V. 0.10% of their portfolio ROTTERDAM, P7 3,150,5513.2m $45.0m $45.0m 0.10% Added +1.3m +1,268,204
12 Clark Capital Management Group, Inc. 0.27% of their portfolio PHILADELPHIA, PA 2,565,1922.6m $36.6m $36.6m 0.27% Added +1.9m +1,933,851
13 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,243,4052.2m $32.0m $32.0m 0.00% Added +56.3k +56,270
14 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.11% of their portfolio JUPITER, FL 2,106,4062.1m $30.1m $30.1m 0.11% Reduced -687.5k -687,507
15 ACADIAN ASSET MANAGEMENT LLC 0.09% of their portfolio Boston, MA 1,808,6971.8m $25.8m $25.8m 0.09% Added +1.3m +1,286,490
16 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 1,773,1971.8m $25.3m $25.3m 0.02% Added +635.1k +635,092
17 NORGES BANK 0.00% of their portfolio OSLO, Q8 1,748,6031.7m $25.0m $25.0m 0.00% Reduced -2.6m -2,623,683
18 14B Captial Management LP 10.82% of their portfolio LA JOLLA, CA 1,605,0001.6m $22.9m $22.9m 10.82% Added +225.0k +225,000
19 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,505,2971.5m $21.5m $21.5m 0.00% Added +92.0k +92,026
20 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio BOSTON, MA 1,490,5671.5m $21.3m $21.3m 0.02% Added +864.6k +864,567
21 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 1,458,5411.5m $20.8m $20.8m 0.03% Added +1.3m +1,314,670
22 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,449,3931.4m $20.7m $20.7m 0.00% Reduced -50.2k -50,187
23 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 1,447,1741.4m $20.7m $20.7m 0.01% Reduced -51.9k -51,856
24 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 1,401,4481.4m $20.0m $20.0m 0.00% Added +228.5k +228,528
25 Verition Fund Management LLC 0.18% of their portfolio GREENWICH, CT 1,312,3951.3m $18.7m $18.7m 0.18% Added +552.8k +552,820
26 Russell Investments Group, Ltd. 0.03% of their portfolio Seattle, WA 1,281,5871.3m $18.3m $18.3m 0.03% Added +625.0k +625,023
27 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 1,222,8131.2m $17.5m $17.5m 0.02% Reduced -89.7k -89,697
28 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,199,8641.2m $17.1m $17.1m 0.00% Added +2.6k +2,598
29 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 1,030,1491.0m $14.7m $14.7m 0.01% Added +639.3k +639,297
30 Incline Global Management LLC 4.64% of their portfolio New York, NY 1,024,6501.0m $14.6m $14.6m 4.64% Reduced -423.3k -423,301
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 844,868844.9k $12.1m $12.1m 0.00% Added +577.2k +577,236
32 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 814,317814.3k $11.6m $11.6m 0.02% New
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.02% of their portfolio BALA CYNWYD, PA 745,077745.1k $10.6m $10.6m 0.02% Added +228.6k +228,638
34 Cubist Systematic Strategies, LLC 0.11% of their portfolio STAMFORD, CT 673,570673.6k $9.6m $9.6m 0.11% New
35 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 665,478665.5k $9.5m $9.5m 0.00% Added +317.7k +317,732
36 Walleye Capital LLC 0.10% of their portfolio NEW YORK, NY 654,645654.6k $9.3m $9.3m 0.10% Reduced -120.9k -120,853
37 FORMULA GROWTH LTD 2.85% of their portfolio MONTREAL, A8 625,357625.4k $8.9m $8.9m 2.85% Reduced -162.5k -162,500
38 CANADA PENSION PLAN INVESTMENT BOARD 0.01% of their portfolio TORONTO ONTARIO, A6 600,210600.2k $8.6m $8.6m 0.01% Reduced -281.6k -281,600
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 595,749595.7k $8.5m $8.5m 0.00% Added +17.4k +17,358
40 Long Focus Capital Management, LLC 0.76% of their portfolio SAN JUAN, PR 460,000460.0k $6.6m $6.6m 0.76% Reduced -330.0k -330,000
41 Saba Capital Management, L.P. 0.14% of their portfolio NEW YORK, NY 458,715458.7k $6.6m $6.6m 0.14% Reduced -107.6k -107,599
42 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.12% of their portfolio HOUSTON, TX 412,000412.0k $5.9m $5.9m 0.12% Reduced -138.0k -138,000
43 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 408,810408.8k $5.8m $5.8m 0.00% Reduced -193.6k -193,640
44 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 405,791405.8k $5.8m $5.8m 0.00% Reduced -70.4k -70,392
45 HRT FINANCIAL LP 0.04% of their portfolio NEW YORK, NY 397,798397.8k $5.7m $5.7m 0.04% Added +322.3k +322,271
46 Boston Partners 0.01% of their portfolio BOSTON, MA 390,027390.0k $5.6m $5.6m 0.01% Added +248.1k +248,093
47 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 375,760375.8k $5.4m $5.4m 0.00% Added +93.0k +93,008
48 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 351,662351.7k $5.0m $5.0m 0.01% Reduced -53.2k -53,220
49 Penserra Capital Management LLC 0.06% of their portfolio ORINDA, CA 350,759350.8k $5.0m $5.0m 0.06% Added +254.4k +254,438
50 GLOBEFLEX CAPITAL L P 0.48% of their portfolio SAN DIEGO, CA 344,118344.1k $4.9m $4.9m 0.48% New
51 Absolute Gestao de Investimentos Ltda. 1.51% of their portfolio SAO PAULO, D5 342,824342.8k $4.9m $4.9m 1.51% Reduced -611.2k -611,186
52 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 327,239327.2k $4.7m $4.7m 0.00% Reduced -18.2k -18,153
53 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 326,954327.0k $4.7m $4.7m 0.00% Added +9.9k +9,878
54 Handelsbanken Fonder AB 0.02% of their portfolio STOCKHOLM, V7 320,560320.6k $4.6m $4.6m 0.02% Added +21.1k +21,100
55 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 315,905315.9k $4.5m $4.5m 0.00% Added +233.9k +233,901
56 Schonfeld Strategic Advisors LLC 0.04% of their portfolio NEW YORK, NY 312,933312.9k $4.5m $4.5m 0.04% New
57 UBS Group AG 0.00% of their portfolio ZURICH, V8 301,672301.7k $4.3m $4.3m 0.00% Added +2.7k +2,667
58 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 297,691297.7k $4.3m $4.3m 0.00% Reduced -14.8k -14,786
59 Amova Asset Management Americas, Inc. 0.04% of their portfolio New York, NY 297,691297.7k $4.3m $4.3m 0.04% Reduced -14.8k -14,786
60 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 285,019285.0k $4.1m $4.1m 0.00% Added +261.1k +261,093
61 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 276,868276.9k $2.3m $2.3m 0.01% Reduced -53.3k -53,279
62 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 264,137264.1k $3.8m $3.8m 0.00% Added +168.4k +168,359
63 INTREPID CAPITAL MANAGEMENT INC 2.39% of their portfolio JACKSONVILLE BEACH, FL 258,562258.6k $3.7m $3.7m 2.39% Reduced -9.4k -9,384
64 TimesSquare Capital Management, LLC 0.05% of their portfolio NEW YORK, NY 256,650256.6k $3.7m $3.7m 0.05% New
65 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 250,000250.0k $3.6m $3.6m 0.01% Reduced -251.0k -251,000
66 Trexquant Investment LP 0.07% of their portfolio STAMFORD, CT 245,158245.2k $3.5m $3.5m 0.07% Added +135.7k +135,667
67 Metis Global Partners, LLC 0.13% of their portfolio San Diego, CA 241,311241.3k $3.4m $3.4m 0.13% Added +5.4k +5,378
68 AXA S.A. 0.01% of their portfolio PARIS, I0 234,417234.4k $3.3m $3.3m 0.01% Reduced -596.0k -595,971
69 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 224,176224.2k $3.2m $3.2m 0.00% Reduced -63.4k -63,406
70 Bellecapital International Ltd. 0.66% of their portfolio ZURICH, V8 211,085211.1k $3.0m $3.0m 0.66% Added +13.3k +13,328
71 Legal & General Group Plc 0.00% of their portfolio London, X0 204,710204.7k $2.9m $2.9m 0.00% Added +1.3k +1,335
72 Brevan Howard Capital Management LP 0.26% of their portfolio ST. HELIER, Y9 198,675198.7k $2.8m $2.8m 0.26% Added +131.3k +131,304
73 PRUDENTIAL PLC 0.02% of their portfolio LONDON, X0 194,167194.2k $2.8m $2.8m 0.02% Added +137.2k +137,176
74 SPX Gestao de Recursos Ltda 0.23% of their portfolio RIO DE JANEIRO, D5 185,823185.8k $2.7m $2.7m 0.23% Reduced -3.6m -3,574,083
75 KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 0.65% of their portfolio NEWPORT BEACH, CA 184,358184.4k $2.3m $2.3m 0.65% Unchanged
76 Kapitalo Investimentos Ltda 0.56% of their portfolio SAO PAULO, D5 178,156178.2k $2.5m $2.5m 0.56% New
77 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 160,748160.7k $2.3m $2.3m 0.01% Reduced -451.0k -450,967
78 Richard P Slaughter Associates Inc 0.55% of their portfolio AUSTIN, TX 159,939159.9k $2.3m $2.3m 0.55% Reduced -10.6k -10,559
79 Aurora Investment Counsel 1.23% of their portfolio ATLANTA, GA 150,116150.1k $2.1m $2.1m 1.23% Reduced -63.8k -63,812
80 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 145,660145.7k $2.1m $2.1m 0.00% Reduced -113.8k -113,761
81 TWINBEECH CAPITAL LP 0.04% of their portfolio PURCHASE, NY 144,963145.0k $2.1m $2.1m 0.04% New
82 Vident Advisory, LLC 0.04% of their portfolio Alpharetta, GA 143,868143.9k $2.1m $2.1m 0.04% Reduced -35.3k -35,328
83 PDT Partners, LLC 0.17% of their portfolio New York, NY 125,732125.7k $1.8m $1.8m 0.17% Reduced -25.3k -25,267
84 Dynamic Technology Lab Private Ltd 0.19% of their portfolio SINGAPORE, U0 123,091123.1k $1.8m $1.8m 0.19% New
85 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 121,334121.3k $1.7m $1.7m 0.00% Added +59.5k +59,546
86 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 114,586114.6k $1.6m $1.6m 0.00% Added +34.5k +34,486
87 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 111,866111.9k $1.6m $1.6m 0.00% Added +31.9k +31,866
88 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 110,820110.8k $1.6m $1.6m 0.00% Added +15.3k +15,252
89 LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio LOS ANGELES, CA 108,868108.9k $1.6m $1.6m 0.01% Added +2.2k +2,223
90 Pearl River Capital, LLC 0.24% of their portfolio Niles, MI 107,141107.1k $1.5m $1.5m 0.24% Added +39.5k +39,464
91 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 106,324106.3k $1.5m $1.5m 0.00% Reduced -3.6k -3,634
92 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 105,240105.2k $1.5m $1.5m 0.01% Unchanged
93 Lombard Odier Asset Management (Europe) Ltd 0.10% of their portfolio LONDON, X0 105,000105.0k $1.5m $1.5m 0.10% Reduced -35.0k -35,000
94 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 101,326101.3k $1.4m $1.4m 0.00% New
95 Jump Financial, LLC 0.04% of their portfolio Chicago, IL 100,290100.3k $1.4m $1.4m 0.04% New
96 Intellectus Partners, LLC 0.37% of their portfolio SAN FRANCISCO, CA 99,19399.2k $1.4m $1.4m 0.37% Added +5.0k +4,950
97 Point72 Asia (Singapore) Pte. Ltd. 0.37% of their portfolio SINGAPORE, U0 98,79898.8k $1.4m $1.4m 0.37% New
98 AMERICAN INTERNATIONAL GROUP, INC. 0.01% of their portfolio New York, NY 97,92097.9k $1.4m $1.4m 0.01% Reduced -841 -841
99 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 96,53796.5k $1.4m $1.4m 0.00% Added +32.7k +32,727
100 Engineers Gate Manager LP 0.04% of their portfolio NEW YORK, NY 95,25395.3k $1.4m $1.4m 0.04% Added +23.6k +23,625