Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Pagseguro Digital Ltd (PAGS)

247 + Investors. Track Smart Money conviction in PAGS. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +13
Streak
4Q ▲
Buyers last Q
51%

Smart Money Signals — PAGS

Based on 262 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added PAGS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
262 hedge funds hold PAGS right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +16% more funds vs a year ago

fund count last 6Q
+37 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 51% buying

141 buying135 selling
Last quarter: 141 funds bought or added vs 135 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~51 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 41 → 38 → 50 → 51. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

58% of holders stayed for 2+ years

58% conviction (2yr+) 24% medium 18% new
153 out of 262 hedge funds have held PAGS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

38 → 41 → 38 → 50 → 51 new funds/Q
New funds entering each quarter: 41 → 38 → 50 → 51. A growing number of institutions are discovering PAGS each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 67% veterans vs 19% newcomers

67% veterans 14% 1-2yr 19% new
Entry-cohort mix of 269 holders: 181 (67%) are 2+ year veterans, 38 entered 1–2 years ago, and 50 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 46% AUM from top-100 funds

46% from top-100 AUM funds
51 of 260 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in PAGS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — PAGS

In 2026 Q1, 141 hedge funds were net buyers of PAGS (51 opened a new position, 90 added to an existing one), while 135 reduced or exited (97 trimmed, 38 sold completely) — a 51% buyer ratio, indicating a slight buying edge. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 46% of total institutional value in PAGS is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +13 funds (more new holders than closures). Total institutional holders: 262.

Hedge Fund Ownership: PAGS

How many hedge funds hold PAGS — quarterly history vs. share price
Quarterly hedge fund ownership of PAGS vs. share price

Market Analysis: PAGS

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PAGS

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Pagseguro Digital Ltd (PAGS) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much PAGS has moved relative to its sector benchmark (XLK) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 51d ago
PAGS
-5.1%
XLK
-3.8%

PAGS outperformed XLK by -1.3% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 6d ago
PAGS
-1.5%
XLK
-3.5%

Since the filing became public, PAGS outperformed XLK by +2.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 2 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
3.1
/ 10
conviction
Hedge Fund Positioning: PAGS
247 + Investors

Track Smart Money conviction in PAGS. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 247 262 -5.73%
13F Shares 125M 123M 1.79%
Total Value $1.03B $1.14B -9.46%
New Positions 46 51 -5
Increased Positions 74 88 -14
Closed Positions 56 38 +18
Reduced Positions 100 94 +6
Total Calls 7 6 16.67%
Total Puts 2 3 -33.33%
PUT/CALL Ratio 0.29 0.5 Bullish

Statistics: PAGS

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Institutional Holders (2026 Q2)

247 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in PAGS. Verified SEC 13F-HR filings.

QUARTER:
Top 25 PAGS holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Incline Global Management LLC 4.25% 1,673,921 $15.1M
2 Sparta 24 Ltd. 3.69% 445,010 $4.0M
3 Truffle Hound Capital, LLC 1.45% 750,000 $6.8M
4 Aurora Investment Counsel 1.20% 258,667 $2.3M
5 Turim 21 Investimentos Ltda. 0.85% 351,223 $5.2M
6 Artemis Investment Management LLP 0.62% 7,685,544 $69.6M
7 Waterfront Wealth Inc. 0.52% 361,497 $3.3M
8 Olympiad Research LP 0.51% 27,216 $246K
9 Hussman Strategic Advisors, INC. 0.44% 210,000 $1.9M
10 Balanced Rock Investment Advisors LLC 0.38% 66,904 $605K
11 Bayforest Capital Ltd 0.34% 40,237 $364K
12 Causeway Capital Management LLC 0.31% 3,130,268 $28.3M
13 Saba Capital Management, L.P. 0.30% 1,293,415 $11.7M
14 Fairtree Asset Management (Pty) Ltd 0.22% 63,437 $574K
15 Bridgeway Capital Management, LLC 0.22% 1,364,381 $12.3M
16 Yorktown Management & Research Co Inc 0.21% 37,800 $342K
17 VPR Management LLC 0.20% 56,000 $507K
18 nVerses Capital, LLC 0.19% 13,711 $124K
19 Nvwm, LLC 0.17% 95,065 $860K
20 Walleye Partners, LLC 0.16% 15,590 $141K
21 Robeco Institutional Asset Management B.V. 0.14% 12,827,301 $116.1M
22 Integrated Quantitative Investments LLC 0.13% 90,760 $821K
23 Harbour Capital Advisors, LLC 0.12% 68,850 $637K
24 Susquehanna Fundamental Investments, LLC 0.11% 641,936 $5.8M
25 Quantbot Technologies LP 0.11% 300,374 $2.7M
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Pagseguro Digital Ltd (PAGS)

What does the Smart Money Trend signal show for PAGS?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added PAGS than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for PAGS?

Slight buying edge — 51% buying: Last quarter: 141 funds bought or added vs 135 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for PAGS holders?

Elite ownership — 46% AUM from top-100 funds: 51 of 260 holders are among the 100 largest funds by AUM, controlling 46% of total institutional value in PAGS. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held PAGS?

58% of holders stayed for 2+ years: 153 out of 262 hedge funds have held PAGS for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Pagseguro Digital Ltd (PAGS) following the 2026 Q2 hedge fund 13F filings?

As of today, PAGS has moved -1.5% since the 2026 Q2 13F filing date (August 14, 2026), compared to -3.5% for the XLK sector ETF — an outperformance of +2.0%. Since the quarter end (June 30, 2026), PAGS has gained -5.1% vs -3.8% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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