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 ≈ $0.38. Options: 2 managers hold calls ($463.3k notional), 0 hold puts (—).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 36 |
| Q4 2022 | 37 |
| Q1 2023 | 34 |
| Q2 2023 | 34 |
| Q3 2023 | 32 |
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 |
| Q3 2023 | 3 | 9 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $38.0k | $0 | 0.00 |
| Q1 2023 | $239.0k | $0 | 0.00 |
| Q2 2023 | $389.5k | $0 | 0.00 |
| Q3 2023 | $463.3k | $0 | 0.00 |
Biggest buyers
| JOSH ARNOLD INVESTMENT CONSULTANT, LLC | Added | +24.0k |
| SkyView Investment Advisors, LLC | New | +1.7k |
| HRT FINANCIAL LP | Added | +1.0k |
Biggest sellers
| Silver Rock Financial LP | Reduced | -78.4k |
| Interval Partners, LP | Sold out | -46.9k |
| COWEN AND COMPANY, LLC | Reduced | -43.9k |
| Kepos Capital LP | Reduced | -31.9k |
| Warberg Asset Management LLC | Reduced | -19.7k |
| MBE Wealth Management, LLC | Sold out | -15.0k |
| CSS LLC/IL | Reduced | -13.5k |
| CORSAIR CAPITAL MANAGEMENT, L.P. | Reduced | -854 |
| Castle Creek Arbitrage, LLC | Reduced | -54 |
Biggest calls
| ANGELO GORDON & CO., L.P. | Unchanged | $316.0k200.0k shares |
| MILLENNIUM MANAGEMENT LLC | Unchanged | $147.3k421.0k 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 Q3 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 Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| EJF Capital LP 0.77% of their portfolio | 5.2m $1.7m | Unchanged |
| JOSH ARNOLD INVESTMENT CONSULTANT, LLC 0.13% of their portfolio | 559.8k $223.9k | Added +24.0k |
| Aflac Inc 0.10% of their portfolio | 312.8k $109.5k | Unchanged |
| Kepos Capital LP 0.02% of their portfolio | 301.5k $106.0k | Reduced -31.9k |
| CORSAIR CAPITAL MANAGEMENT, L.P. 0.11% of their portfolio | 199.1k $314.7k | Reduced -854 |
| Walleye Capital LLC 0.00% of their portfolio | 196.2k $68.7k | Unchanged |
| Dryden Capital, LLC 0.07% of their portfolio | 117.1k $41.0k | Unchanged |
| Walleye Trading LLC 0.00% of their portfolio | 110.4k $38.6k | Unchanged |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 107.2k $35.4k | Unchanged |
| COWEN AND COMPANY, LLC 0.00% of their portfolio | 79.9k $28.0k | Reduced -43.9k |
| LMR Partners LLP 0.00% of their portfolio | 69.6k $24.4k | Unchanged |
| TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio | 66.7k $23.3k | Unchanged |
| VR Advisory Services Ltd 0.01% of their portfolio | 66.7k $23.3k | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 66.7k $22.5k | Unchanged |
| Corbin Capital Partners, L.P. 0.04% of their portfolio | 65.4k $22.9k | Unchanged |
| CSS LLC/IL 0.00% of their portfolio | 58.3k $20.4k | Reduced -13.5k |
| Atalaya Capital Management LP 0.02% of their portfolio | 48.7k $16.1k | Unchanged |
| Silver Rock Financial LP 0.10% of their portfolio | 46.4k $16.2k | Reduced -78.4k |
| Castle Creek Arbitrage, LLC 0.00% of their portfolio | 40.8k $13.8k | Reduced -54 |
| DUPONT CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 33.3k $11.3k | Unchanged |
| Warberg Asset Management LLC 0.00% of their portfolio | 30.0k $10.1k | Reduced -19.7k |
| HRT FINANCIAL LP 0.00% of their portfolio | 25.0k $8.0k | Added +1.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 19.0k $6.7k | Unchanged |
| WHITEBOX ADVISORS LLC 0.00% of their portfolio | 17.7k $6.2k | Unchanged |
| Ayrton Capital LLC 0.04% of their portfolio | 16.7k $5.8k | Unchanged |
| Vestcor Inc 0.00% of their portfolio | 3.3k $1.0k | Unchanged |
| SkyView Investment Advisors, LLC 0.00% of their portfolio | 1.7k $1.0k | New |
| UBS Group AG 0.00% of their portfolio | 999 $350 | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 300 $104 | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 155 $54 | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 100 $35 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |