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 ($8.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $10.05. Options: 9 managers hold calls ($26.8m notional), 6 hold puts ($6.1m).
Trends to Q1 2026
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 |
| Q1 2024 | 239 |
| Q2 2024 | 238 |
| Q3 2024 | 253 |
| Q4 2024 | 244 |
| Q1 2025 | 228 |
| Q2 2025 | 234 |
| Q3 2025 | 238 |
| Q4 2025 | 250 |
| Q1 2026 | 264 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 150 | 101 |
| Q3 2024 | 151 | 117 |
| Q4 2024 | 119 | 147 |
| Q1 2025 | 108 | 145 |
| Q2 2025 | 122 | 112 |
| Q3 2025 | 131 | 113 |
| Q4 2025 | 129 | 118 |
| Q1 2026 | 132 | 125 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $46.6m | $14.4m | 0.31 |
| Q3 2025 | $26.1m | $17.2m | 0.66 |
| Q4 2025 | $22.8m | $14.3m | 0.63 |
| Q1 2026 | $26.8m | $6.1m | 0.23 |
Biggest buyers
| Robeco Institutional Asset Management B.V. | Added | +2.5m |
| Artemis Investment Management LLP | Added | +1.7m |
| Point72 Asset Management, L.P. | Added | +1.2m |
| LAZARD ASSET MANAGEMENT LLC | Added | +1.0m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +960.1k |
| GOLDMAN SACHS GROUP INC | Added | +933.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +901.7k |
| Trexquant Investment LP | New | +860.5k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +833.3k |
| Absolute Gestao de Investimentos Ltda. | Added | +812.6k |
Biggest sellers
| Maple Rock Capital Partners Inc. | Sold out | -3.4m |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -2.3m |
| Jain Global LLC | Sold out | -1.8m |
| MARSHALL WACE, LLP | Reduced | -1.6m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -1.6m |
| MORGAN STANLEY | Reduced | -1.2m |
| Incline Global Management LLC | Reduced | -803.9k |
| UBS Group AG | Reduced | -744.8k |
| Bridgewater Associates, LP | Reduced | -595.7k |
| BlackRock, Inc. | Reduced | -470.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $10.7m1.1m shares |
| JANE STREET GROUP, LLC | Added | $4.3m425.2k shares |
| CITADEL ADVISORS LLC | Reduced | $3.1m305.0k shares |
| PEAK6 LLC | Added | $2.5m251.9k shares |
| SIMPLEX TRADING, LLC | Added | $2.2m221.7k shares |
| IMC-Chicago, LLC | Added | $1.4m138.0k shares |
| TUDOR INVESTMENT CORP ET AL | New | $1.3m131.2k shares |
| GROUP ONE TRADING LLC | Reduced | $1.1m113.0k shares |
| J. Goldman & Co LP | New | $200.4k20.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $3.9m388.3k shares |
| CITADEL ADVISORS LLC | Reduced | $1.2m121.2k shares |
| IMC-Chicago, LLC | Reduced | $611.2k61.0k shares |
| JANE STREET GROUP, LLC | Reduced | $269.5k26.9k shares |
| SIMPLEX TRADING, LLC | Reduced | $69.1k6.9k shares |
| GROUP ONE TRADING LLC | Reduced | $29.1k2.9k 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 Q1 2026
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.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 1 | $5.0m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-27 | Frias Luis Director · By Corporation | Bought | $5.0m498.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 16.6m $166.6m | Reduced -470.0k |
| Robeco Institutional Asset Management B.V. 0.13% of their portfolio | 9.1m $91.3m | Added +2.5m |
| Artemis Investment Management LLP 0.90% of their portfolio | 8.5m $85.2m | Added +1.7m |
| Point72 Asset Management, L.P. 0.12% of their portfolio | 7.1m $71.4m | Added +1.2m |
| Polunin Capital Partners Ltd 13.80% of their portfolio | 5.0m $53.2m | Added +554.7k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 4.9m $48.7m | Added +933.0k |
| STATE STREET CORP 0.00% of their portfolio | 4.5m $44.7m | Reduced -156.1k |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.50% of their portfolio | 4.0m $40.5m | Reduced -1.1k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 2.8m $28.3m | First filing |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.6m $26.5m | Added +6.4k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 2.5m $25.1m | Added +809.0k |
| MORGAN STANLEY 0.00% of their portfolio | 2.4m $23.8m | Reduced -1.2m |
| ACADIAN ASSET MANAGEMENT LLC 0.03% of their portfolio | 2.4m $23.8m | Reduced -2.3m |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 2.2m $22.0m | Added +901.7k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 2.0m $19.9m | Added +1.0m |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.7m $17.2m | Added +51.0k |
| HRT FINANCIAL LP 0.06% of their portfolio | 1.7m $16.5m | Added +151.5k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.07% of their portfolio | 1.6m $16.2m | Reduced -159.8k |
| Nuveen, LLC 0.00% of their portfolio | 1.5m $15.5m | Reduced -4.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.4m $13.8m | Reduced -29.2k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 1.3m $13.3m | Added +615.2k |
| Saba Capital Management, L.P. 0.42% of their portfolio | 1.3m $13.0m | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio | 1.2m $11.9m | Added +31.1k |
| Absolute Gestao de Investimentos Ltda. 1.35% of their portfolio | 1.2m $11.8m | Added +812.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 1.1m $10.7m | Added +960.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 994.4k $10.0m | Reduced -215.8k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 959.3k $9.6m | Added +248.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio | 922.3k $9.2m | Added +833.3k |
| Trexquant Investment LP 0.06% of their portfolio | 860.5k $8.6m | New |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 811.5k $7.9m | Reduced -426.2k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 808.0k $8.1m | Reduced -1.6m |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 795.7k $7.8m | Reduced -2.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 762.2k $7.6m | Added +268.0k |
| Truffle Hound Capital, LLC 4.60% of their portfolio | 750.0k $7.5m | Reduced -150.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 735.1k $7.4m | Reduced -1.6m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 680.1k $6.8m | Reduced -92.6k |
| UBS Group AG 0.00% of their portfolio | 634.6k $6.4m | Reduced -744.8k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 611.1k $6.1m | Added +383.5k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.02% of their portfolio | 603.5k $6.0m | Added +543.3k |
| Engineers Gate Manager LP 0.07% of their portfolio | 590.0k $5.9m | Added +175.9k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 495.6k $5.0m | Added +257.1k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.19% of their portfolio | 494.5k $5.0m | New |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 486.5k $4.9m | Reduced -1.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 479.6k $4.8m | Added +64.0k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 479.5k $4.8m | Added +28.6k |
| CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio | 479.4k $4.8m | Reduced -27.5k |
| Legal & General Group Plc 0.00% of their portfolio | 473.2k $4.7m | Added +5.0k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 461.8k $4.6m | Reduced -19.1k |
| MACKENZIE FINANCIAL CORP 0.00% of their portfolio | 400.0k $4.0m | Added +159.8k |
| Quantbot Technologies LP 0.16% of their portfolio | 385.4k $3.9m | Reduced -298.3k |
| Metis Global Partners, LLC 0.09% of their portfolio | 383.0k $3.8m | Reduced -7.5k |
| SEGALL BRYANT & HAMILL, LLC 0.05% of their portfolio | 361.1k $3.6m | Reduced -18.2k |
| Waterfront Wealth Inc. 0.66% of their portfolio | 359.6k $3.6m | Added +21.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 354.3k $3.4m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.00% of their portfolio | 320.0k $3.2m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 315.9k $3.0m | Added +110.1k |
| Creative Planning 0.00% of their portfolio | 283.9k $2.8m | Added +61.6k |
| SEB Asset Management AB 0.01% of their portfolio | 282.1k $2.8m | First filing |
| Jump Financial, LLC 0.04% of their portfolio | 271.2k $2.7m | Reduced -85.2k |
| Aurora Investment Counsel 1.46% of their portfolio | 263.6k $2.6m | Reduced -6.8k |
| GSA CAPITAL PARTNERS LLP 0.16% of their portfolio | 259.4k $2.6m | Added +142.2k |
| Lombard Odier Asset Management (Europe) Ltd 0.14% of their portfolio | 250.0k $2.5m | Reduced -10.0k |
| Man Group plc 0.00% of their portfolio | 236.8k $2.4m | New |
| ExodusPoint Capital Management, LP 0.02% of their portfolio | 235.8k $2.4m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 216.4k $2.2m | Reduced -1.4k |
| Invesco Ltd. 0.00% of their portfolio | 213.0k $2.1m | Added +75.9k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 212.4k $2.1m | Reduced -29.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 211.6k $2.1m | Added +57.4k |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.45% of their portfolio | 210.0k $2.1m | Unchanged |
| Ruffer LLP 0.08% of their portfolio | 199.2k $2.0m | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 198.3k $2.0m | New |
| PDT Partners, LLC 0.11% of their portfolio | 191.5k $1.9m | Reduced -55.9k |
| Penserra Capital Management LLC 0.02% of their portfolio | 183.3k $1.8m | Reduced -59.6k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio | 177.9k $1.8m | Reduced -150.3k |
| Squarepoint Ops LLC 0.00% of their portfolio | 173.6k $1.7m | Reduced -90.4k |
| Incline Global Management LLC 0.66% of their portfolio | 167.7k $1.7m | Reduced -803.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 150.8k $1.5m | Reduced -57.7k |
| FMR LLC 0.00% of their portfolio | 150.3k $1.5m | Added +95.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 149.8k $1.5m | Added +88.6k |
| Turim 21 Investimentos Ltda. 0.56% of their portfolio | 149.6k $2.2m | New |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 140.7k $1.4m | Added +104.2k |
| Employees Retirement System of Texas 0.01% of their portfolio | 135.2k $1.4m | Added +69.8k |
| Sanctuary Advisors, LLC 0.01% of their portfolio | 134.5k $1.3m | Reduced -2.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 133.7k $1.3m | First filing |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 131.7k $1.3m | Added +17.1k |
| Perpetual Ltd 0.02% of their portfolio | 131.0k $1.3m | Added +89.7k |
| Point Nemo Capital, LLC 0.82% of their portfolio | 123.8k $1.2m | New |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 122.7k $1.2m | First filing |
| CWA Asset Management Group, LLC 0.04% of their portfolio | 121.0k $1.2m | New |
| ABS Direct Equity Fund LLC 0.91% of their portfolio | 118.9k $1.2m | New |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 115.1k $1.2m | Added +6.7k |
| Police & Firemen's Retirement System of New Jersey 0.01% of their portfolio | 113.1k $1.1m | Added +26.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 112.9k $1.1m | New |
| Pictet Asset Management Holding SA 0.00% of their portfolio | 109.8k $1.1m | Reduced -20.5k |
| DARK FOREST CAPITAL MANAGEMENT LP 0.10% of their portfolio | 109.1k $1.1m | New |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 104.1k $1.0m | Added +92.8k |
| Quantinno Capital Management LP 0.00% of their portfolio | 104.0k $1.0m | Added +20.9k |
| BARCLAYS PLC 0.00% of their portfolio | 101.0k $1.0m | Reduced -222.1k |
| NATIXIS 0.00% of their portfolio | 100.0k $1.0m | New |
| MetLife Investment Management, LLC 0.01% of their portfolio | 99.0k $992.4k | Reduced -6.7k |