PAGAYA TECHNOLOGIES LTD PGYWW
*W EXP 09/01/202 · Equity WRT · CUSIP M7S64L107
- SectorFinancials
- IndustryFinance Services
- HeadquartersNew York, NY
- 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. Holder counts are more reliable. Implied quarter-end price ≈ $0.29. Options: 2 managers hold calls ($389.5k notional), 0 hold puts (—).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 36 |
| Q4 2022 | 37 |
| Q1 2023 | 34 |
| Q2 2023 | 34 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 8 | 7 |
| Q1 2023 | 3 | 6 |
| Q2 2023 | 5 | 9 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $829.0k | $0 | 0.00 |
| Q4 2022 | $38.0k | $0 | 0.00 |
| Q1 2023 | $239.0k | $0 | 0.00 |
| Q2 2023 | $389.5k | $0 | 0.00 |
Biggest buyers
| JOSH ARNOLD INVESTMENT CONSULTANT, LLC | New | +535.9k |
| CORSAIR CAPITAL MANAGEMENT, L.P. | New | +200.0k |
| MBE Wealth Management, LLC | New | +15.0k |
| COWEN AND COMPANY, LLC | Added | +400 |
| UBS Group AG | Added | +1 |
Biggest sellers
| HIGHBRIDGE CAPITAL MANAGEMENT LLC | Sold out | -1.2m |
| Walleye Capital LLC | Reduced | -225.0k |
| Warberg Asset Management LLC | Reduced | -78.5k |
| WOLVERINE ASSET MANAGEMENT LLC | Sold out | -20.6k |
| Virtu Financial LLC | Sold out | -11.5k |
| Dryden Capital, LLC | Reduced | -10.8k |
| SkyView Investment Advisors, LLC | Sold out | -1.7k |
| HRT FINANCIAL LP | Reduced | -1.0k |
| TENOR CAPITAL MANAGEMENT Co., L.P. | Reduced | -1 |
Biggest calls
| ANGELO GORDON & CO., L.P. | Unchanged | $280.0k200.0k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $109.5k421.0k shares |
Biggest puts
| None |
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.
Insider purchases and sales in Q2 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 Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| EJF Capital LP 0.63% of their portfolio | 5.2m $1.4m | Unchanged |
| JOSH ARNOLD INVESTMENT CONSULTANT, LLC 0.14% of their portfolio | 535.9k $139.3k | New |
| Kepos Capital LP 0.02% of their portfolio | 333.3k $87.0k | First filing |
| Aflac Inc 0.10% of their portfolio | 312.8k $81.3k | Unchanged |
| CORSAIR CAPITAL MANAGEMENT, L.P. 0.10% of their portfolio | 200.0k $280.0k | New |
| Walleye Capital LLC 0.00% of their portfolio | 196.2k $51.0k | Reduced -225.0k |
| Silver Rock Financial LP 0.06% of their portfolio | 124.8k $32.4k | Unchanged |
| COWEN AND COMPANY, LLC 0.00% of their portfolio | 123.9k $32.2k | Added +400 |
| Dryden Capital, LLC 0.04% of their portfolio | 117.1k $30.4k | Reduced -10.8k |
| Walleye Trading LLC 0.00% of their portfolio | 110.4k $28.7k | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 107.2k $27.9k | Unchanged |
| CSS LLC/IL 0.00% of their portfolio | 71.8k $18.7k | Unchanged |
| LMR Partners LLP 0.00% of their portfolio | 69.6k $18.1k | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 66.7k $17.3k | Reduced -1 |
| VR Advisory Services Ltd 0.01% of their portfolio | 66.7k $17.3k | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 66.7k $17.3k | Unchanged |
| Corbin Capital Partners, L.P. 0.02% of their portfolio | 65.4k $17.0k | Unchanged |
| Warberg Asset Management LLC 0.00% of their portfolio | 49.7k $12.9k | Reduced -78.5k |
| Atalaya Capital Management LP 0.01% of their portfolio | 48.7k $12.7k | Unchanged |
| Interval Partners, LP 0.00% of their portfolio | 46.9k $12.2k | Unchanged |
| Castle Creek Arbitrage, LLC 0.00% of their portfolio | 40.8k $10.8k | Unchanged |
| DUPONT CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 33.3k $8.7k | Unchanged |
| HRT FINANCIAL LP 0.00% of their portfolio | 24.0k $6.0k | Reduced -1.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 19.0k $4.9k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 17.7k $4.6k | Unchanged |
| Ayrton Capital LLC 0.03% of their portfolio | 16.7k $4.3k | Unchanged |
| MBE Wealth Management, LLC 0.00% of their portfolio | 15.0k $3.9k | New |
| BLOOM TREE PARTNERS, LLC 0.00% of their portfolio | 12.4k $3.2k | Unchanged |
| Vestcor Inc 0.00% of their portfolio | 3.3k $1.0k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 999 $260 | Added +1 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 300 $78 | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 155 $40 | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 100 $26 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |