Vault-13

PAGSEGURO DIGITAL LTD PAGS

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

244 institutional holders -9 vs Q3 2024
155,189,188155.2m shares reported held*
$973.4mreported value*
39 new 80 added 87 reduced 60 sold out net sold ≈ $79.2m (-12.6m 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 ($4.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.27. Options: 17 managers hold calls ($28.3m notional), 15 hold puts ($16.4m).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 188Q4 22: 193Q1 23: 195Q2 23: 213Q3 23: 227Q4 23: 220Q1 24: 239Q2 24: 238Q3 24: 253Q4 24: 244244Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022188
Q4 2022193
Q1 2023195
Q2 2023213
Q3 2023227
Q4 2023220
Q1 2024239
Q2 2024238
Q3 2024253
Q4 2024244

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 23: 118 bought or addedQ1 23: 84 cut or sold outQ2 23: 124 bought or addedQ2 23: 105 cut or sold outQ2 23Q3 23: 123 bought or addedQ3 23: 109 cut or sold outQ4 23: 106 bought or addedQ4 23: 129 cut or sold outQ4 23Q1 24: 134 bought or addedQ1 24: 106 cut or sold outQ2 24: 150 bought or addedQ2 24: 101 cut or sold outQ2 24Q3 24: 151 bought or addedQ3 24: 117 cut or sold outQ4 24: 119 bought or addedQ4 24: 147 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 202311884
Q2 2023124105
Q3 2023123109
Q4 2023106129
Q1 2024134106
Q2 2024150101
Q3 2024151117
Q4 2024119147

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ1 24 calls: $63.4mQ1 24 puts: $52.2mQ1 24P/C 0.82Q2 24 calls: $51.9mQ2 24 puts: $41.2mQ2 24P/C 0.79Q3 24 calls: $40.4mQ3 24 puts: $33.9mQ3 24P/C 0.84Q4 24 calls: $28.3mQ4 24 puts: $16.4mQ4 24P/C 0.58
Numbers
QuarterCallsPutsP/C
Q1 2024$63.4m$52.2m0.82
Q2 2024$51.9m$41.2m0.79
Q3 2024$40.4m$33.9m0.84
Q4 2024$28.3m$16.4m0.58

Biggest buyers

MILLENNIUM MANAGEMENT LLC Added +5,625,121+5.6m
Point72 Asset Management, L.P. Added +4,825,839+4.8m
MARSHALL WACE, LLP Added +3,364,926+3.4m
ACADIAN ASSET MANAGEMENT LLC Added +3,106,585+3.1m
GOLDMAN SACHS GROUP INC Added +2,286,078+2.3m
Azora Capital LP New +1,374,369+1.4m
Saba Capital Management, L.P. Added +1,117,811+1.1m
Jefferies Financial Group Inc. New +1,050,651+1.1m
Walleye Capital LLC Added +1,049,173+1.0m
VOLORIDGE INVESTMENT MANAGEMENT, LLC Added +968,926+968.9k

Biggest sellers

FMR LLC Reduced -13,272,748-13.3m
BlackRock, Inc. Reduced -7,054,932-7.1m
SPX Gestao de Recursos Ltda Reduced -2,931,394-2.9m
JPMORGAN CHASE & CO Reduced -2,458,537-2.5m
AMERICAN CENTURY COMPANIES INC Reduced -1,798,401-1.8m
Absolute Gestao de Investimentos Ltda. Reduced -1,649,569-1.6m
BANK OF AMERICA CORP /DE/ Reduced -1,571,170-1.6m
Incline Global Management LLC Reduced -1,146,523-1.1m
MORGAN STANLEY Reduced -942,848-942.8k
CITIGROUP INC Reduced -849,065-849.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.0m962.9k shares
CITADEL ADVISORS LLC Reduced $5.0m795.2k shares
JANE STREET GROUP, LLC Reduced $2.7m424.4k shares
Squarepoint Ops LLC Added $2.1m336.7k shares
CAPITAL FUND MANAGEMENT S.A. Added $1.9m305.2k shares
PEAK6 LLC First filing $1.6m259.4k shares
Point72 Asset Management, L.P. Unchanged $1.4m228.2k shares
Cubist Systematic Strategies, LLC Reduced $1.4m223.8k shares
GROUP ONE TRADING LLC Reduced $1.4m218.1k shares
Walleye Trading LLC Reduced $1.3m213.6k shares

Biggest puts

CITADEL ADVISORS LLC Added $6.9m1.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.4m389.0k shares
IMC-Chicago, LLC Added $1.5m246.7k shares
Point72 Asset Management, L.P. Unchanged $1.3m200.4k shares
Cubist Systematic Strategies, LLC Reduced $1.2m197.1k shares
D. E. Shaw & Co., Inc. Added $1.1m174.4k shares
Banco BTG Pactual S.A. Unchanged $467.3k126.3k shares
SIMPLEX TRADING, LLC Reduced $353.0k56.4k shares
Squarepoint Ops LLC Reduced $295.5k47.2k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $246.0k39.3k 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 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 Q4 2024.

Holders, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 19,498,69919.5m $122.1m $122.1m 0.00% Reduced -7.1m -7,054,932
2 Point72 Asset Management, L.P. 0.33% of their portfolio STAMFORD, CT 19,401,86119.4m $121.5m $121.5m 0.33% Added +4.8m +4,825,839
3 SYLEBRA CAPITAL LLC 1.79% of their portfolio PALO ALTO, CA 7,623,9527.6m $47.7m $47.7m 1.79% Reduced -311.5k -311,547
4 ACADIAN ASSET MANAGEMENT LLC 0.14% of their portfolio Boston, MA 7,469,4057.5m $46.7m $46.7m 0.14% Added +3.1m +3,106,585
5 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 6,488,3696.5m $40.6m $40.6m 0.01% Reduced -816.7k -816,697
6 Robeco Institutional Asset Management B.V. 0.08% of their portfolio ROTTERDAM, P7 6,353,0876.4m $39.8m $39.8m 0.08% Added +874.8k +874,777
7 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 6,271,3766.3m $39.3m $39.3m 0.03% Added +5.6m +5,625,121
8 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 5,308,2705.3m $33.2m $33.2m 0.00% Reduced -599.8k -599,784
9 Capital World Investors 0.00% of their portfolio LOS ANGELES, CA 5,242,2005.2m $32.8m $32.8m 0.00% Unchanged
10 MARSHALL WACE, LLP 0.04% of their portfolio LONDON, X0 4,459,6164.5m $27.9m $27.9m 0.04% Added +3.4m +3,364,926
11 Polunin Capital Partners Ltd 6.51% of their portfolio LONDON, X0 3,920,7543.9m $26.3m $26.3m 6.51% Reduced -52.3k -52,300
12 Tekne Capital Management, LLC 8.05% of their portfolio NEW YORK, NY 3,633,2853.6m $22.7m $22.7m 8.05% Reduced -239.6k -239,583
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,264,5143.3m $20.4m $20.4m 0.00% Reduced -942.8k -942,848
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 3,130,4183.1m $19.6m $19.6m 0.00% Added +2.3m +2,286,078
15 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio JUPITER, FL 2,766,4922.8m $17.3m $17.3m 0.06% Added +968.9k +968,926
16 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,710,8512.7m $17.0m $17.0m 0.00% Reduced -669.0k -668,958
17 Saba Capital Management, L.P. 0.30% of their portfolio NEW YORK, NY 1,877,6261.9m $11.8m $11.8m 0.30% Added +1.1m +1,117,811
18 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 1,754,0351.8m $11.0m $11.0m 0.01% Reduced -378.0k -378,019
19 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 1,747,0941.7m $10.9m $10.9m 0.00% Added +298.4k +298,377
20 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 1,745,9011.7m $10.9m $10.9m 0.02% Added +551.1k +551,101
21 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,738,4511.7m $10.9m $10.9m 0.00% Reduced -758.9k -758,919
22 14B Captial Management LP 4.56% of their portfolio LA JOLLA, CA 1,675,0001.7m $10.5m $10.5m 4.56% Added +415.0k +415,000
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,511,6111.5m $9.5m $9.5m 0.00% Reduced -2.5m -2,458,537
24 SPX Gestao de Recursos Ltda 1.42% of their portfolio RIO DE JANEIRO, D5 1,499,5841.5m $9.4m $9.4m 1.42% Reduced -2.9m -2,931,394
25 Azora Capital LP 0.39% of their portfolio MIAMI, FL 1,374,3691.4m $8.6m $8.6m 0.39% New
26 Contrarius Group Holdings Ltd 0.42% of their portfolio Hamilton, D0 1,089,7611.1m $6.8m $6.8m 0.42% First filing
27 Walleye Capital LLC 0.06% of their portfolio NEW YORK, NY 1,056,9671.1m $6.6m $6.6m 0.06% Added +1.0m +1,049,173
28 Jefferies Financial Group Inc. 0.07% of their portfolio NEW YORK, NY 1,050,6511.1m $6.6m $6.6m 0.07% New
29 Long Focus Capital Management, LLC 0.46% of their portfolio SAN JUAN, PR 955,000955.0k $6.0m $6.0m 0.46% Added +33.0k +33,000
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 835,400835.4k $5.2m $5.2m 0.00% Reduced -190.2k -190,220
31 Truffle Hound Capital, LLC 3.00% of their portfolio BETHESDA, MD 800,000800.0k $5.0m $5.0m 3.00% First filing
32 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 795,872795.9k $5.0m $5.0m 0.01% Added +627.2k +627,246
33 Jump Financial, LLC 0.10% of their portfolio Chicago, IL 749,044749.0k $4.7m $4.7m 0.10% Added +641.8k +641,808
34 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 735,225735.2k $4.6m $4.6m 0.01% Added +379.2k +379,181
35 Banco BTG Pactual S.A. 1.08% of their portfolio RIO DE JANEIRO, D5 721,900721.9k $4.6m $4.6m 1.08% Added +456.0k +456,000
36 LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 716,486716.5k $4.5m $4.5m 0.01% Reduced -455.0k -454,996
37 FORMULA GROWTH LTD 1.49% of their portfolio MONTREAL, A8 702,987703.0k $4.4m $4.4m 1.49% Added +72.1k +72,130
38 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 698,645698.6k $4.4m $4.4m 0.00% Added +678.5k +678,545
39 Trexquant Investment LP 0.05% of their portfolio STAMFORD, CT 680,715680.7k $4.3m $4.3m 0.05% Added +38.9k +38,903
40 Ruffer LLP 0.15% of their portfolio LONDON, X0 678,261678.3k $4.2m $4.2m 0.15% New
41 UBS Group AG 0.00% of their portfolio ZURICH, V8 631,637631.6k $4.0m $4.0m 0.00% Added +266.2k +266,239
42 Russell Investments Group, Ltd. 0.01% of their portfolio Seattle, WA 617,033617.0k $3.8m $3.8m 0.01% Added +210.1k +210,121
43 Verition Fund Management LLC 0.02% of their portfolio GREENWICH, CT 574,296574.3k $3.6m $3.6m 0.02% Added +412.4k +412,426
44 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 550,117550.1k $3.4m $3.4m 0.01% Added +267.8k +267,765
45 Quantbot Technologies LP 0.12% of their portfolio NEW YORK, NY 538,672538.7k $3.4m $3.4m 0.12% Added +255.2k +255,237
46 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 522,967523.0k $3.3m $3.3m 0.01% Added +387.2k +387,219
47 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 507,863507.9k $3.2m $3.2m 0.00% Added +237.6k +237,648
48 Sone Capital Management, LLC 0.40% of their portfolio NEW YORK, NY 507,044507.0k $3.2m $3.2m 0.40% First filing
49 Marex Group Ltd 0.05% of their portfolio London, X0 500,000500.0k $3.1m $3.1m 0.05% Added +393.9k +393,947
50 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 487,892487.9k $3.1m $3.1m 0.00% Reduced -176.0k -176,047
51 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 482,171482.2k $3.0m $3.0m 0.00% Added +454.7k +454,726
52 NORGES BANK 0.00% of their portfolio OSLO, Q8 480,676480.7k $3.0m $3.0m 0.00% Reduced -298.7k -298,663
53 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 472,866472.9k $3.0m $3.0m 0.00% Added +168.9k +168,905
54 PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio DES MOINES, IA 451,110451.1k $2.8m $2.8m 0.00% Added +47.2k +47,172
55 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 445,114445.1k $2.8m $2.8m 0.00% Reduced -17.0k -16,964
56 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 416,548416.5k $2.6m $2.6m 0.00% Reduced -21.4k -21,363
57 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 400,279400.3k $2.5m $2.5m 0.00% Reduced -1.6m -1,571,170
58 Penserra Capital Management LLC 0.04% of their portfolio ORINDA, CA 391,103391.1k $2.4m $2.4m 0.04% Added +41.2k +41,186
59 CAPITAL FUND MANAGEMENT S.A. 0.02% of their portfolio PARIS, I0 387,172387.2k $2.4m $2.4m 0.02% Reduced -65.0k -65,008
60 Legal & General Group Plc 0.00% of their portfolio London, X0 341,689341.7k $2.1m $2.1m 0.00% Reduced -731.6k -731,626
61 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 324,466324.5k $2.0m $2.0m 0.00% Reduced -88.6k -88,566
62 Bellecapital International Ltd. 0.35% of their portfolio ZURICH, V8 319,221319.2k $2.0m $2.0m 0.35% Added +86.4k +86,402
63 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 298,347298.3k $1.9m $1.9m 0.00% Reduced -71.6k -71,638
64 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 285,587285.6k $1.8m $1.8m 0.00% Reduced -1.8m -1,798,401
65 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 268,289268.3k $1.7m $1.7m 0.00% Added +9.9k +9,868
66 IMC-Chicago, LLC 0.04% of their portfolio CHICAGO, IL 258,099258.1k $1.6m $1.6m 0.04% Added +207.1k +207,063
67 Waterfront Wealth Inc. 0.39% of their portfolio OVERLAND PARK, KS 257,054257.1k $1.6m $1.6m 0.39% Added +57.2k +57,219
68 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.03% of their portfolio HOUSTON, TX 246,900246.9k $1.5m $1.5m 0.03% Reduced -165.1k -165,100
69 CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio TORONTO ONTARIO, A6 241,950241.9k $1.5m $1.5m 0.00% Reduced -320.0k -320,000
70 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 236,607236.6k $1.5m $1.5m 0.01% New
71 Absolute Gestao de Investimentos Ltda. 0.63% of their portfolio SAO PAULO, D5 235,317235.3k $1.5m $1.5m 0.63% Reduced -1.6m -1,649,569
72 Engineers Gate Manager LP 0.03% of their portfolio NEW YORK, NY 235,002235.0k $1.5m $1.5m 0.03% Reduced -45.1k -45,109
73 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 233,579233.6k $1.5m $1.5m 0.00% Added +27.8k +27,802
74 Edgestream Partners, L.P. 0.06% of their portfolio Princeton, NJ 232,523232.5k $1.5m $1.5m 0.06% Added +28.8k +28,779
75 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 225,520225.5k $1.4m $1.4m 0.00% Reduced -183.3k -183,290
76 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 213,477213.5k $1.3m $1.3m 0.00% Added +45.1k +45,131
77 HUSSMAN STRATEGIC ADVISORS, INC. 0.39% of their portfolio ELLICOTT CITY, MD 210,000210.0k $1.3m $1.3m 0.39% Unchanged
78 Metis Global Partners, LLC 0.04% of their portfolio San Diego, CA 209,439209.4k $1.3m $1.3m 0.04% Unchanged
79 Aurora Investment Counsel 0.71% of their portfolio ATLANTA, GA 208,035208.0k $1.3m $1.3m 0.71% Added +59.4k +59,388
80 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 203,101203.1k $1.3m $1.3m 0.00% Reduced -849.1k -849,065
81 Handelsbanken Fonder AB 0.00% of their portfolio STOCKHOLM, V7 196,280196.3k $1.2m $1.2m 0.00% Reduced -97.5k -97,500
82 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 186,003186.0k $1.2m $1.2m 0.01% New
83 Anthracite Investment Company, Inc. 0.58% of their portfolio FORT WORTH, TX 185,000185.0k $1.2m $1.2m 0.58% New
84 PEAK6 LLC 0.04% of their portfolio AUSTIN, TX 177,260177.3k $1.1m $1.1m 0.04% First filing
85 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 175,193175.2k $1.1m $1.1m 0.00% Added +100 +100
86 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 158,066158.1k $989.5k $989.5k 0.00% New
87 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.01% of their portfolio HARRISBURG, PA 150,620150.6k $942.9k $942.9k 0.01% New
88 Richard P Slaughter Associates Inc 0.19% of their portfolio AUSTIN, TX 137,577137.6k $861.2k $861.2k 0.19% Reduced -25.2k -25,208
89 XTX Topco Ltd 0.07% of their portfolio LONDON, X0 136,664136.7k $855.5k $855.5k 0.07% Reduced -12.5k -12,491
90 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 135,372135.4k $847.4k $847.4k 0.00% Added +105.1k +105,105
91 ALPS ADVISORS INC 0.01% of their portfolio Denver, CO 135,055135.1k $845.4k $845.4k 0.01% Added +35.9k +35,880
92 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 117,000117.0k $732.4k $732.4k 0.00% Added +6.0k +6,007
93 INTECH INVESTMENT MANAGEMENT LLC 0.01% of their portfolio WEST PALM BEACH, FL 116,158116.2k $727.1k $727.1k 0.01% Added +30.1k +30,119
94 Vident Advisory, LLC 0.01% of their portfolio Alpharetta, GA 114,420114.4k $716.3k $716.3k 0.01% Reduced -22.3k -22,306
95 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 113,433113.4k $710.1k $710.1k 0.00% Added +36.6k +36,555
96 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 112,656112.7k $705.2k $705.2k 0.00% Reduced -78.6k -78,644
97 Police & Firemen's Retirement System of New Jersey 0.01% of their portfolio TRENTON, NJ 110,289110.3k $690.4k $690.4k 0.01% First filing
98 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 107,914107.9k $675.5k $675.5k 0.00% Added +1.1k +1,075
99 Y-Intercept (Hong Kong) Ltd 0.04% of their portfolio HONG KONG, K3 106,304106.3k $665.5k $665.5k 0.04% New
100 ExodusPoint Capital Management, LP 0.01% of their portfolio NEW YORK, NY 102,637102.6k $643.0k $643.0k 0.01% Reduced -132 -132