Who owns PAGS (PAGS)
Which tracked institutional funds hold PAGS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See PAGS company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
74 tracked funds added or opened PAGS while 48 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
PAGS’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes PAGS more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in PAGS divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 261 tracked filers holding PAGS, 137 increased or opened the position and 136 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in PAGS between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 26
- VANGUARD PORTFOLIO MANAGEMENT LLC$28M
- Trexquant Investment LP$9M
- SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC$5M
- SCHRODER INVESTMENT MANAGEMENT GROUP$3M
- SEB Asset Management AB$3M
- Man Group plc$2M
Full exits 11
- Maple Rock Capital Partners Inc.$32M
- VANGUARD GROUP INC$20M
- Jain Global LLC$17M
- 14B Captial Management LP$7M
- TWO SIGMA ADVISERS, LP$4M
- Capitolis Liquid Global Markets LLC$3M
Largest adds
- Robeco Institutional Asset Management B.V.$28M
- Artemis Investment Management LLP$20M
- Point72 Asset Management, L.P.$14M
- GOLDMAN SACHS GROUP INC$11M
- LAZARD ASSET MANAGEMENT LLC$10M
- PRICE T ROWE ASSOCIATES INC /MD/$10M
Largest trims
- ACADIAN ASSET MANAGEMENT LLC$21M
- MARSHALL WACE, LLP$15M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$15M
- MORGAN STANLEY$10M
- Incline Global Management LLC$8M
- UBS Group AG$7M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 16,625,405 | $167M | 11.8% | 2026-Q1 |
| Robeco Institutional Asset Management B.V. added | 9,110,457 | $91M | 6.5% | 2026-Q1 |
| Artemis Investment Management LLP added | 8,504,359 | $85M | 6.0% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 7,130,571 | $71M | 5.1% | 2026-Q1 |
| Polunin Capital Partners Ltd added | 5,004,811 | $53M | 3.8% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 4,859,766 | $49M | 3.4% | 2026-Q1 |
| STATE STREET CORP trimmed | 4,461,467 | $45M | 3.2% | 2026-Q1 |
| CAUSEWAY CAPITAL MANAGEMENT LLC trimmed | 4,044,350 | $41M | 2.9% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 2,827,978 | $28M | 2.0% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,648,864 | $27M | 1.9% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC added | 2,494,801 | $25M | 1.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 2,378,914 | $24M | 1.7% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC trimmed | 2,371,543 | $24M | 1.7% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 2,192,512 | $22M | 1.6% | 2026-Q1 |
| LAZARD ASSET MANAGEMENT LLC added | 1,986,771 | $20M | 1.4% | 2026-Q1 |
| NORTHERN TRUST CORP added | 1,720,068 | $17M | 1.2% | 2026-Q1 |
| HRT FINANCIAL LP added | 1,650,615 | $17M | 1.2% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 1,614,544 | $16M | 1.1% | 2026-Q1 |
| Nuveen, LLC trimmed | 1,549,650 | $16M | 1.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 1,378,022 | $14M | 1.0% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 1,325,209 | $13M | 0.9% | 2026-Q1 |
| Saba Capital Management, L.P. | 1,293,415 | $13M | 0.9% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 1,185,862 | $12M | 0.8% | 2026-Q1 |
| Absolute Gestao de Investimentos Ltda. added | 1,175,125 | $12M | 0.8% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 1,064,195 | $11M | 0.8% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 994,414 | $10M | 0.7% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 959,308 | $10M | 0.7% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 922,287 | $9M | 0.7% | 2026-Q1 |
| Trexquant Investment LP added | 860,502 | $9M | 0.6% | 2026-Q1 |
| MARSHALL WACE, LLP trimmed | 807,438 | $8M | 0.6% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 811,475 | $8M | 0.6% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 795,744 | $8M | 0.6% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 762,225 | $8M | 0.5% | 2026-Q1 |
| Truffle Hound Capital, LLC trimmed | 750,000 | $8M | 0.5% | 2026-Q1 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 735,096 | $7M | 0.5% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 680,148 | $7M | 0.5% | 2026-Q1 |
| UBS Group AG trimmed | 634,552 | $6M | 0.5% | 2026-Q1 |
| SEI INVESTMENTS CO added | 611,057 | $6M | 0.4% | 2026-Q1 |
| Grantham, Mayo, Van Otterloo & Co. LLC added | 603,456 | $6M | 0.4% | 2026-Q1 |
| Engineers Gate Manager LP added | 590,010 | $6M | 0.4% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 495,576 | $5M | 0.4% | 2026-Q1 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 494,547 | $5M | 0.4% | 2026-Q1 |
| FRANKLIN RESOURCES INC trimmed | 486,484 | $5M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 479,554 | $5M | 0.3% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 479,488 | $5M | 0.3% | 2026-Q1 |
| CAPITAL FUND MANAGEMENT S.A. trimmed | 479,445 | $5M | 0.3% | 2026-Q1 |
| Legal & General Group Plc added | 473,152 | $5M | 0.3% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 461,835 | $5M | 0.3% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 400,042 | $4M | 0.3% | 2026-Q1 |
| Quantbot Technologies LP trimmed | 385,414 | $4M | 0.3% | 2026-Q1 |
| Metis Global Partners, LLC trimmed | 383,008 | $4M | 0.3% | 2026-Q1 |
| SEGALL BRYANT & HAMILL, LLC trimmed | 368,134 | $4M | 0.3% | 2026-Q1 |
| Waterfront Wealth Inc. added | 359,592 | $4M | 0.3% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 354,255 | $3M | 0.2% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD | 320,000 | $3M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 315,858 | $3M | 0.2% | 2026-Q1 |
| Creative Planning added | 283,863 | $3M | 0.2% | 2026-Q1 |
| SEB Asset Management AB new | 282,102 | $3M | 0.2% | 2026-Q1 |
| Jump Financial, LLC trimmed | 271,204 | $3M | 0.2% | 2026-Q1 |
| Aurora Investment Counsel trimmed | 263,630 | $3M | 0.2% | 2026-Q1 |
| GSA CAPITAL PARTNERS LLP added | 259,398 | $3M | 0.2% | 2026-Q1 |
| Lombard Odier Asset Management (Europe) Ltd trimmed | 250,000 | $3M | 0.2% | 2026-Q1 |
| Man Group plc added | 236,770 | $2M | 0.2% | 2026-Q1 |
| ExodusPoint Capital Management, LP trimmed | 235,756 | $2M | 0.2% | 2026-Q1 |
| Turim 21 Investimentos Ltda. added | 149,618 | $2M | 0.2% | 2026-Q1 |
| NORGES BANK added | 288,911 | $2M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 216,376 | $2M | 0.2% | 2026-Q1 |
| Invesco Ltd. added | 212,985 | $2M | 0.2% | 2026-Q1 |
| VOYA INVESTMENT MANAGEMENT LLC trimmed | 212,413 | $2M | 0.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 211,623 | $2M | 0.2% | 2026-Q1 |
| HUSSMAN STRATEGIC ADVISORS, INC. | 210,000 | $2M | 0.1% | 2026-Q1 |
| Ruffer LLP trimmed | 199,225 | $2M | 0.1% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed | 198,300 | $2M | 0.1% | 2026-Q1 |
| PDT Partners, LLC trimmed | 191,487 | $2M | 0.1% | 2026-Q1 |
| Penserra Capital Management LLC trimmed | 183,329 | $2M | 0.1% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO trimmed | 177,901 | $2M | 0.1% | 2026-Q1 |
| Squarepoint Ops LLC trimmed | 173,604 | $2M | 0.1% | 2026-Q1 |
| Incline Global Management LLC trimmed | 167,669 | $2M | 0.1% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 150,758 | $2M | 0.1% | 2026-Q1 |
| FMR LLC added | 150,292 | $2M | 0.1% | 2026-Q1 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM added | 149,822 | $2M | 0.1% | 2026-Q1 |
| IEQ CAPITAL, LLC added | 140,650 | $1M | 0.1% | 2026-Q1 |
| Employees Retirement System of Texas added | 135,171 | $1M | 0.1% | 2026-Q1 |
| Capital World Investors | 5,242,200 | $51M | 3.6% | 2025-Q2 stale |
| Maple Rock Capital Partners Inc. added | 3,365,400 | $32M | 2.3% | 2025-Q4 stale |
| SPX Gestao de Recursos Ltda added | 4,147,775 | $32M | 2.2% | 2025-Q1 stale |
| BAUPOST GROUP LLC/MA | 2,500,000 | $25M | 1.8% | 2025-Q3 stale |
| Tekne Capital Management, LLC trimmed | 3,040,000 | $23M | 1.6% | 2025-Q1 stale |
| VANGUARD GROUP INC added | 2,110,350 | $20M | 1.4% | 2025-Q4 stale |
| Orbis Allan Gray Ltd new | 2,085,730 | $20M | 1.4% | 2025-Q2 stale |
| Jain Global LLC added | 1,807,473 | $17M | 1.2% | 2025-Q4 stale |
| SYLEBRA CAPITAL LLC trimmed | 1,738,063 | $17M | 1.2% | 2025-Q2 stale |
| 14B Captial Management LP trimmed | 728,000 | $7M | 0.5% | 2025-Q4 stale |
| Contrarius Group Holdings Ltd trimmed | 397,143 | $4M | 0.3% | 2025-Q3 stale |
| TWO SIGMA ADVISERS, LP added | 385,000 | $4M | 0.3% | 2025-Q4 stale |
| Capitolis Liquid Global Markets LLC new | 334,700 | $3M | 0.2% | 2025-Q4 stale |
| ALGERT GLOBAL LLC added | 223,470 | $2M | 0.2% | 2025-Q4 stale |
| Walleye Trading LLC added | 167,531 | $2M | 0.1% | 2025-Q2 stale |
| Long Focus Capital Management, LLC trimmed | 156,000 | $2M | 0.1% | 2025-Q4 stale |
| Walleye Capital LLC added | 153,810 | $1M | 0.1% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.