PAGAYA TECHNOLOGIES LTD
CL A SHS · CUSIP M7S64L115
41
institutional holders
+11 vs Q3 2022
233.2m
shares reported held*
$289.0mreported value*
19 new
11 added
5 reduced
9 sold out
net sold ≈ $16.1m (-12.9m 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 ≈ $1.24. Options: 3 managers hold calls ($249.9k notional), 8 hold puts ($281.2k).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 30 |
| Q4 2022 | 41 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $784.0k | $520.0k | 0.66 |
| Q4 2022 | $249.9k | $281.2k | 1.13 |
Biggest buyers
| Clal Insurance Enterprises Holdings Ltd | Added | +1.9m |
| JPMORGAN CHASE & CO | Added | +584.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +387.1k |
| CITIGROUP INC | New | +265.4k |
| Point72 Asset Management, L.P. | New | +250.0k |
| Qube Research & Technologies Ltd | New | +185.9k |
| JANE STREET GROUP, LLC | New | +154.3k |
| Phoenix Financial Ltd. | New | +101.4k |
| MILLENNIUM MANAGEMENT LLC | Added | +88.5k |
| Alpine Global Management, LLC | New | +74.4k |
Biggest sellers
| TIGER GLOBAL MANAGEMENT LLC | Reduced | -11.4m |
| Whale Rock Capital Management LLC | Reduced | -3.5m |
| EJF Capital LP | Reduced | -2.0m |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -100.5k |
| Quadrature Capital Ltd | Sold out | -76.0k |
| Verition Fund Management LLC | Sold out | -36.7k |
| LPL Financial LLC | Sold out | -24.0k |
| Virtu Financial LLC | Sold out | -20.6k |
| CSS LLC/IL | Sold out | -17.0k |
| Vanguard Personalized Indexing Management, LLC | Sold out | -15.2k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $220.1k177.5k shares |
| Belvedere Trading LLC | New | $29.8k24.0k shares |
| Cutler Group LLC / CA | Added | $06.2k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $192.0k154.8k shares |
| WOLVERINE TRADING, LLC | New | $39.0k31.8k shares |
| Walleye Capital LLC | New | $19.8k16.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $14.0k11.5k shares |
| CITADEL ADVISORS LLC | New | $9.2k7.4k shares |
| Cutler Group LLC / CA | Reduced | $6.0k7.5k shares |
| Belvedere Trading LLC | New | $1.2k1.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| Viola Ventures V.C. Management 4 Ltd. 27.01% of their portfolio | 98.1m $121.7m | First filing |
| TIGER GLOBAL MANAGEMENT LLC 0.96% of their portfolio | 63.0m $78.1m | Reduced -11.4m |
| Clal Insurance Enterprises Holdings Ltd 0.78% of their portfolio | 42.0m $52.1m | Added +1.9m |
| EJF Capital LP 6.16% of their portfolio | 15.9m $19.7m | Reduced -2.0m |
| Whale Rock Capital Management LLC 0.32% of their portfolio | 7.6m $9.4m | Reduced -3.5m |
| Aflac Inc 1.09% of their portfolio | 1.6m $1.9m | Unchanged |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 1.5m $1.9m | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 615.4k $763.1k | Reduced -100.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 584.7k $725.0k | Added +584.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 433.6k $537.6k | Added +387.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 393.9k $488.0k | Added +17.8k |
| CITIGROUP INC 0.00% of their portfolio | 265.4k $329.2k | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 250.0k $310.0k | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 185.9k $230.5k | New |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 154.3k $191.3k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 142.2k $176.0k | Added +88.5k |
| Phoenix Financial Ltd. 0.00% of their portfolio | 101.4k $135 | New |
| Alpine Global Management, LLC 0.03% of their portfolio | 74.4k $92.0k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 53.8k $66.0k | New |
| MORGAN STANLEY 0.00% of their portfolio | 49.9k $61.9k | Added +42.5k |
| BROWN ADVISORY INC 0.00% of their portfolio | 40.0k $49.6k | New |
| State of Wyoming 0.01% of their portfolio | 30.4k $37.8k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 28.3k $35.0k | New |
| Jefferies Financial Group Inc. 0.00% of their portfolio | 25.0k $31.0k | New |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 24.3k $30.0k | New |
| Orin Green Financial, LLC 0.02% of their portfolio | 21.0k $26.0k | New |
| SANDERS MORRIS HARRIS LLC 0.01% of their portfolio | 20.0k $24.8k | Unchanged |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 20.0k $25.0k | New |
| WOLVERINE TRADING, LLC 0.00% of their portfolio | 16.6k $21.0k | New |
| UBS Group AG 0.00% of their portfolio | 14.5k $18.0k | Added +14.0k |
| Harel Insurance Investments & Financial Services Ltd. 0.00% of their portfolio | 13.2k $16.0k | Added +12.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 8.3k $10.3k | Added +8.1k |
| Belvedere Trading LLC 0.00% of their portfolio | 5.7k $7.1k | New |
| Altshuler Shaham Ltd 0.00% of their portfolio | 5.0k $474 | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 3.3k $4.0k | New |
| Larson Financial Group LLC 0.00% of their portfolio | 927 $1.1k | New |
| Cutler Group LLC / CA 0.00% of their portfolio | 597 $0 | Reduced -6.6k |
| Prestige Wealth Management Group LLC 0.00% of their portfolio | 300 $372 | Added +100 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 95 $0 | Added +76 |
| DUPONT CAPITAL MANAGEMENT CORP 0.00% of their portfolio | 4 $5 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |