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 ($13.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $9.18. Options: 10 managers hold calls ($28.9m notional), 5 hold puts ($10.0m).
Trends to Q2 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 |
| Q2 2026 | 253 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q2 2026 | 119 | 148 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $26.1m | $17.2m | 0.66 |
| Q4 2025 | $22.8m | $14.3m | 0.63 |
| Q1 2026 | $26.8m | $6.1m | 0.23 |
| Q2 2026 | $28.9m | $10.0m | 0.34 |
Biggest buyers
| Robeco Institutional Asset Management B.V. | Added | +3.7m |
| LSV ASSET MANAGEMENT | Added | +3.0m |
| Incline Global Management LLC | Added | +1.5m |
| ACADIAN ASSET MANAGEMENT LLC | Added | +1.5m |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | New | +1.4m |
| MACKENZIE FINANCIAL CORP | Added | +1.3m |
| Empowered Funds, LLC | New | +776.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +603.4k |
| SEB Asset Management AB | Added | +507.8k |
| Sparta 24 Ltd. | New | +445.0k |
Biggest sellers
| GOLDMAN SACHS GROUP INC | Reduced | -2.5m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -1.9m |
| Absolute Gestao de Investimentos Ltda. | Sold out | -1.2m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -927.5k |
| CAUSEWAY CAPITAL MANAGEMENT LLC | Reduced | -914.1k |
| Artemis Investment Management LLP | Reduced | -818.8k |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -734.7k |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -676.2k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -616.4k |
| BlackRock, Inc. | Reduced | -532.1k |
Biggest calls
| GROUP ONE TRADING LLC | Added | $7.3m805.1k shares |
| SIMPLEX TRADING, LLC | Added | $5.1m566.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.0m552.4k shares |
| CITADEL ADVISORS LLC | Added | $3.3m364.5k shares |
| JANE STREET GROUP, LLC | Reduced | $3.2m358.1k shares |
| PEAK6 LLC | Unchanged | $2.3m251.9k shares |
| IMC-Chicago, LLC | Added | $2.2m242.4k shares |
| J. Goldman & Co LP | Added | $226.2k25.0k shares |
| Walleye Trading LLC | New | $153.8k17.0k shares |
| Walleye Capital LLC | New | $107.7k11.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.6m724.8k shares |
| CITADEL ADVISORS LLC | Added | $3.1m339.0k shares |
| IMC-Chicago, LLC | Reduced | $213.6k23.6k shares |
| SIMPLEX TRADING, LLC | Added | $90.5k10.0k shares |
| GROUP ONE TRADING LLC | Added | $29.9k3.3k 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.
| 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 since 1 Apr 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2026 | 0 | — | 1 | $2.3m | — |
| Q3 2026 | 0 | — | 1 | $1.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-07-21 | Dutra da Silva Ricardo Principal Executive Officer · By Corporation | Sold | $231.8k25.0k shares |
| 2026-07-20 | Dutra da Silva Ricardo Principal Executive Officer · By Corporation | Sold | $231.0k25.0k shares |
| 2026-07-16 | Dutra da Silva Ricardo Principal Executive Officer · By Corporation | Sold | $229.2k25.0k shares |
| 2026-07-15 | Dutra da Silva Ricardo Principal Executive Officer · By Corporation | Sold | $222.8k24.2k shares |
| 2026-07-14 | Dutra da Silva Ricardo Principal Executive Officer · By Corporation | Sold | $231.2k25.0k shares |
| 2026-04-17 | Magnani Alexandre Mr Director | Sold | $2.3m200.0k 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, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 16.1m $145.6m | Reduced -532.1k |
| Robeco Institutional Asset Management B.V. 0.14% of their portfolio | 12.8m $116.1m | Added +3.7m |
| Artemis Investment Management LLP 0.62% of their portfolio | 7.7m $69.6m | Reduced -818.8k |
| Point72 Asset Management, L.P. 0.09% of their portfolio | 6.8m $62.0m | Reduced -280.7k |
| Polunin Capital Partners Ltd 11.17% of their portfolio | 4.9m $45.5m | Reduced -86.8k |
| STATE STREET CORP 0.00% of their portfolio | 4.4m $39.9m | Reduced -49.4k |
| ACADIAN ASSET MANAGEMENT LLC 0.04% of their portfolio | 3.9m $34.9m | Added +1.5m |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.31% of their portfolio | 3.1m $28.3m | Reduced -914.1k |
| LSV ASSET MANAGEMENT 0.05% of their portfolio | 3.1m $27.6m | Added +3.0m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 2.9m $26.4m | Added +93.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 2.9m $38.8m | Added +215.5k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 2.3m $21.1m | Reduced -2.5m |
| MORGAN STANLEY 0.00% of their portfolio | 2.3m $20.7m | Reduced -87.8k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 1.9m $17.1m | Reduced -616.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 1.7m $15.5m | Reduced -10.7k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 1.7m $15.5m | Added +1.3m |
| HRT FINANCIAL LP 0.04% of their portfolio | 1.7m $15.3m | Added +37.0k |
| Incline Global Management LLC 4.25% of their portfolio | 1.7m $15.1m | Added +1.5m |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.05% of their portfolio | 1.6m $14.2m | Reduced -50.6k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 1.5m $13.9m | Added +158.6k |
| Nuveen, LLC 0.00% of their portfolio | 1.5m $13.8m | Reduced -26.5k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.22% of their portfolio | 1.4m $12.3m | New |
| LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio | 1.3m $11.9m | Reduced -676.2k |
| Saba Capital Management, L.P. 0.36% of their portfolio | 1.3m $11.7m | Unchanged |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 1.1m $10.2m | Reduced -201.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.1m $10.0m | Added +290.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 1.1m $9.9m | Added +94.8k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 944.9k $8.6m | Reduced -14.4k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 908.4k $8.2m | Added +428.9k |
| UBS Group AG 0.00% of their portfolio | 886.2k $8.0m | Added +251.7k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 884.1k $8.0m | Added +76.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 815.0k $7.4m | Added +603.4k |
| SEB Asset Management AB 0.03% of their portfolio | 789.9k $7.1m | Added +507.8k |
| Empowered Funds, LLC 0.04% of their portfolio | 776.7k $7.0m | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 772.0k $7.0m | Added +9.7k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.02% of their portfolio | 762.5k $6.9m | Added +159.1k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 751.5k $6.8m | Reduced -44.2k |
| Truffle Hound Capital, LLC 4.28% of their portfolio | 750.0k $6.8m | Unchanged |
| SEI INVESTMENTS CO 0.01% of their portfolio | 717.2k $6.5m | Added +106.1k |
| Trexquant Investment LP 0.04% of their portfolio | 710.5k $6.4m | Reduced -150.0k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 689.4k $6.2m | Reduced -496.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 678.4k $6.1m | Reduced -56.7k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.11% of their portfolio | 641.9k $5.8m | Added +147.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 578.4k $5.2m | Reduced -101.8k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 578.1k $5.2m | Added +91.6k |
| Creative Planning 0.00% of their portfolio | 570.0k $5.2m | Added +286.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 487.0k $4.4m | Added +25.1k |
| Sparta 24 Ltd. 3.69% of their portfolio | 445.0k $4.0m | New |
| GSA CAPITAL PARTNERS LLP 0.23% of their portfolio | 400.7k $3.6m | Added +141.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 385.2k $3.5m | Added +339.3k |
| Squarepoint Ops LLC 0.01% of their portfolio | 362.4k $3.3m | Added +188.7k |
| Waterfront Wealth Inc. 0.52% of their portfolio | 361.5k $3.3m | Added +1.9k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 360.1k $3.3m | Added +321.1k |
| Turim 21 Investimentos Ltda. 0.85% of their portfolio | 351.2k $5.2m | Added +201.6k |
| SEGALL BRYANT & HAMILL, LLC 0.04% of their portfolio | 340.2k $3.1m | Reduced -20.9k |
| Metis Global Partners, LLC 0.07% of their portfolio | 335.6k $3.0m | Reduced -47.4k |
| Invesco Ltd. 0.00% of their portfolio | 331.4k $3.0m | Added +118.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 316.9k $2.9m | Added +104.5k |
| Quantbot Technologies LP 0.11% of their portfolio | 300.4k $2.7m | Reduced -85.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 297.6k $2.7m | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 274.9k $2.5m | Reduced -1.9m |
| Aurora Investment Counsel 1.20% of their portfolio | 258.7k $2.3m | Reduced -5.0k |
| Bridgewater Associates, LP 0.01% of their portfolio | 256.9k $2.3m | Added +160.2k |
| Inspire Investing, LLC 0.09% of their portfolio | 252.9k $2.3m | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 221.1k $2.0m | Added +4.7k |
| XTX Topco Ltd 0.03% of their portfolio | 218.6k $2.0m | Added +168.7k |
| Aquatic Capital Management LLC 0.07% of their portfolio | 215.2k $1.9m | New |
| HUSSMAN STRATEGIC ADVISORS, INC. 0.44% of their portfolio | 210.0k $1.9m | Unchanged |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 201.6k $1.8m | Added +175.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 200.3k $1.8m | Reduced -279.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 197.4k $2.0m | Reduced -118.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 187.6k $1.7m | Reduced -734.7k |
| Engineers Gate Manager LP 0.02% of their portfolio | 169.0k $1.5m | Reduced -421.0k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 166.5k $1.5m | Reduced -11.4k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 154.3k $1.4m | New |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 149.1k $1.3m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 146.7k $1.3m | Added +74.1k |
| Quantinno Capital Management LP 0.00% of their portfolio | 145.6k $1.3m | Added +41.6k |
| Man Group plc 0.00% of their portfolio | 145.3k $1.3m | Reduced -91.4k |
| Legal & General Group Plc 0.00% of their portfolio | 144.3k $1.3m | Reduced -328.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 137.4k $1.2m | Reduced -13.4k |
| CWA Asset Management Group, LLC 0.04% of their portfolio | 137.4k $1.2m | Added +16.3k |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 136.8k $1.2m | Added +5.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 136.7k $1.2m | Reduced -927.5k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 133.7k $1.2m | Unchanged |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 133.0k $1.2m | Reduced -16.9k |
| RENAISSANCE GROUP LLC 0.05% of their portfolio | 132.3k $1.2m | Added +41.7k |
| Penserra Capital Management LLC 0.01% of their portfolio | 129.7k $1.2m | Reduced -53.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.00% of their portfolio | 126.5k $1.1m | Reduced -227.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 121.3k $1.1m | Added +29.2k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 119.9k $1.1m | Added +15.8k |
| Police & Firemen's Retirement System of New Jersey 0.01% of their portfolio | 109.1k $987.6k | Reduced -4.0k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 104.8k $948.0k | Added +8.1k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 104.5k $945.3k | New |
| CITIGROUP INC 0.00% of their portfolio | 104.0k $940.9k | Added +59.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 103.4k $935.8k | Added +15.2k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 99.3k $899.0k | Added +31.4k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 99.0k $896.3k | Unchanged |
| NVWM, LLC 0.17% of their portfolio | 95.1k $860.3k | Reduced -1.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 94.0k $850.7k | Reduced -18.9k |