Vault-13

PAGAYA TECHNOLOGIES LTD PGYWW

*W EXP 09/01/202 · Equity WRT · CUSIP M7S64L107

19 institutional holders -1 vs Q1 2025
1,658,8641.7m shares reported held*
$280.6kreported value*
1 new 1 added 1 reduced 2 sold out net bought ≈ $31.5k (+188.0k 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. Holder counts are more reliable. Implied quarter-end price ≈ $0.17. Options: 1 managers hold calls ($28.7k notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 36Q4 22: 37Q1 23: 34Q2 23: 34Q3 23: 32Q4 23: 28Q1 24: 31Q2 24: 27Q3 24: 24Q4 24: 22Q1 25: 20Q2 25: 1919Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202236
Q4 202237
Q1 202334
Q2 202334
Q3 202332
Q4 202328
Q1 202431
Q2 202427
Q3 202424
Q4 202422
Q1 202520
Q2 202519

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q3 23: 3 bought or addedQ3 23: 9 cut or sold outQ4 23: 1 bought or addedQ4 23: 6 cut or sold outQ4 23Q1 24: 8 bought or addedQ1 24: 2 cut or sold outQ2 24: 2 bought or addedQ2 24: 6 cut or sold outQ2 24Q3 24: 4 bought or addedQ3 24: 6 cut or sold outQ4 24: 4 bought or addedQ4 24: 6 cut or sold outQ4 24Q1 25: 3 bought or addedQ1 25: 6 cut or sold outQ2 25: 2 bought or addedQ2 25: 3 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 202339
Q4 202316
Q1 202482
Q2 202426
Q3 202446
Q4 202446
Q1 202536
Q2 202523

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 24 calls: $2.2mQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $10.3kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $23.1kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $28.7kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$2.2m$00.00
Q4 2024$10.3k$00.00
Q1 2025$23.1k$00.00
Q2 2025$28.7k$00.00

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +212,784+212.8k
WOLVERINE ASSET MANAGEMENT LLC New +12+12

Biggest sellers

Warberg Asset Management LLC Sold out -20,000-20.0k
JANE STREET GROUP, LLC Reduced -3,317-3.3k
UBS Group AG Sold out -1,500-1.5k

Biggest calls

MILLENNIUM MANAGEMENT LLC Unchanged $28.7k171.1k 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 2025

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)

BuyingSelling
10010Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 6 buyingQ2 24: 5 sellingQ2 24Q3 24: 1 buyingQ3 24: 7 sellingQ4 24: 0 buyingQ4 24: 7 sellingQ4 24Q1 25: 0 buyingQ1 25: 3 sellingQ2 25: 0 buyingQ2 25: 5 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20246$2.0m5$429.5k$57.1k
Q3 20241$248.3k7$1.0m$399.6k
Q4 20240—7$3.7m$3.2m
Q1 20250—3$1.3m$650.5k
Q2 20250—5$31.5m$29.9m
DateInsiderTradeSharesPrice ValueTheir holding
2025-06-25 Pardo Avital Chief Technology Officer, director Sold plan 54,254 $20.24 $1.1m54.3k shares -5%
2025-06-25 Yulzari Yahav Chief Business Officer, director Sold plan 52,867 $20.24 $1.1m52.9k shares -1%
2025-06-25 Rosen Tami Chief Development Officer, director Sold plan 10,000 $20.24 $202.4k10.0k shares -22%
2025-06-24 Yulzari Yahav Chief Business Officer, director Sold plan 241,160 $19.65 $4.7m241.2k shares -6%
2025-06-24 Pardo Avital Chief Technology Officer, director Sold plan 239,989 $19.65 $4.7m240.0k shares -23%
2025-06-20 Pardo Avital Chief Technology Officer, director Sold plan 8,259 $19.04 $157.3k8.3k shares -1%
2025-06-20 Yulzari Yahav Chief Business Officer, director Sold plan 8,259 $19.04 $157.3k8.3k shares -<1%
2025-06-18 Pardo Avital Chief Technology Officer, director Sold plan 4,757 $19.00 $90.4k4.8k shares -<1%
2025-06-18 Yulzari Yahav Chief Business Officer, director Sold plan 4,700 $19.00 $89.3k4.7k shares -<1%
2025-06-16 Yulzari Yahav Chief Business Officer, director Sold plan 5,144 $19.02 $97.8k5.1k shares -<1%
2025-06-16 Pardo Avital Chief Technology Officer, director Sold plan 4,939 $19.01 $93.9k4.9k shares -<1%
2025-06-12 Yulzari Yahav Chief Business Officer, director Sold plan 48,981 $19.05 $933.1k49.0k shares -1%
2025-06-12 Pardo Avital Chief Technology Officer, director Sold plan 48,913 $19.05 $931.8k48.9k shares -4%
2025-06-12 DAS SANJIV President Sold 13,551 $17.90 $242.6k13.6k shares -14%
2025-06-12 Perros Evangelos Chief Financial Officer Sold 11,768 $17.90 $210.6k11.8k shares -14%
2025-06-12 Rosen Tami Chief Development Officer, director Sold 8,187 $17.90 $146.5k8.2k shares -15%
2025-06-10 Rosen Tami Chief Development Officer, director Sold plan 13,814 $17.68 $244.2k13.8k shares -27%
2025-06-03 DAS SANJIV President Sold 31,382 $17.15 $538.2k31.4k shares -30%
2025-05-14 Pardo Avital Chief Technology Officer, director Sold plan 20,911 $15.13 $316.4k20.9k shares -1%
2025-05-14 Yulzari Yahav Chief Business Officer, director Sold plan 20,754 $15.14 $314.2k20.8k shares -0%
2025-05-13 Pardo Avital Chief Technology Officer, director Sold plan 117,811 $15.08 $1.8m117.8k shares -5%
2025-05-13 Yulzari Yahav Chief Business Officer, director Sold plan 117,712 $15.08 $1.8m117.7k shares -3%
2025-05-12 Yulzari Yahav Chief Business Officer, director Sold plan 238,004 $15.16 $3.6m238.0k shares -5%
2025-05-12 Pardo Avital Chief Technology Officer, director Sold plan 237,748 $15.16 $3.6m237.7k shares -9%
2025-05-08 Yulzari Yahav Chief Business Officer, director Sold plan 94,871 $12.20 $1.2m94.9k shares -2%
2025-05-08 Pardo Avital Chief Technology Officer, director Sold plan 94,476 $12.24 $1.2m94.5k shares -45%
2025-05-07 Pardo Avital Chief Technology Officer, director Sold plan 70,990 $12.26 $870.3k71.0k shares -25%
2025-05-07 Yulzari Yahav Chief Business Officer, director Sold plan 70,870 $12.26 $868.9k70.9k shares -44%
2025-05-02 Pardo Avital Chief Technology Officer, director Sold plan 1,200 $12.01 $14.4k1.2k shares -<1%
2025-05-02 Yulzari Yahav Chief Business Officer, director Sold plan 925 $12.00 $11.1k925 shares -1%

The latest 30 of 34 trades.

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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Driehaus Capital Management LLC 0.00% of their portfolio Chicago, IL 480,716480.7k $81.7k $81.7k 0.00% Unchanged
2 Aflac Inc 0.03% of their portfolio Columbus, GA 312,798312.8k $52.4k $52.4k 0.03% Unchanged
3 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 231,838231.8k $39.4k $39.4k 0.00% Added +212.8k +212,784
4 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 107,225107.2k $18.2k $18.2k 0.00% Unchanged
5 LMR Partners LLP 0.00% of their portfolio LONDON, X0 69,60069.6k $11.7k $11.7k 0.00% Unchanged
6 TENOR CAPITAL MANAGEMENT Co., L.P. 0.00% of their portfolio NEW YORK, NY 66,66666.7k $11.2k $11.2k 0.00% Unchanged
7 VR Advisory Services Ltd 0.00% of their portfolio CAMANA BAY, GRAND CAYMAN, E9 66,66666.7k $11.2k $11.2k 0.00% Unchanged
8 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio TORONTO, A6 66,66666.7k $11.3k $11.3k 0.00% Unchanged
9 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 55,55355.6k $9.3k $9.3k 0.00% Reduced -3.3k -3,317
10 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 50,00050.0k $8.4k $8.4k 0.00% Unchanged
11 Blue Owl Capital Holdings LP 0.00% of their portfolio New York, NY 48,66148.7k $8.2k $8.2k 0.00% Unchanged
12 Silver Rock Financial LP 0.01% of their portfolio Los Angeles, CA 46,39046.4k $7.8k $7.8k 0.01% Unchanged
13 DUPONT CAPITAL MANAGEMENT CORP 0.00% of their portfolio Wilmington, DE 33,33233.3k $5.7k $5.7k 0.00% Unchanged
14 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 19,00819.0k $3.2k $3.2k 0.00% Unchanged
15 Vestcor Inc 0.00% of their portfolio FREDERICTON, A3 3,3333.3k $1.0k $1.0k 0.00% Unchanged
16 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 300300 $48 $48 0.00% Unchanged
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 100100 $17 $17 0.00% Unchanged
18 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 1212 $2 $2 0.00% New
19 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged