Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

PAGSEGURO DIGITAL LTD (PAGS)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
3Q ▲
Buyers last Q
53%

Smart Money Signals — PAGS

Based on 244 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 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
244 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding PAGS is almost the same as a year ago (+4 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 53% buying

140 buying126 selling
Last quarter: 140 funds bought or added vs 126 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.
📈

More new buyers each quarter (+10 vs last Q)

new funds entering per quarter
Funds opening a new PAGS position: 37 → 41 → 37 → 47. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 29% medium ■ 14% new
139 out of 244 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.
➡️

Steady discovery — ~47 new funds/quarter

52 → 37 → 41 → 37 → 47 new funds/Q
New funds entering each quarter: 37 → 41 → 37 → 47. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 66% of holders stayed 2+ years

■ 66% veterans ■ 15% 1-2yr ■ 19% new
Of 262 current holders: 174 (66%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 25% AUM from major funds

25% from top-100 AUM funds
34 of 244 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — 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 2025 Q4, 140 hedge funds were net buyers of PAGS (47 opened a new position, 93 added to an existing one), while 126 reduced or exited (89 trimmed, 37 sold completely) — a 53% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 25% of total institutional value in PAGS is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 244.

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

Technology Software - Infrastructure

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

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

46 top-rated funds 3 high-conviction
Consensus
7.3
/ 10
breadth
×
Elite
2.5
/ 10
conviction
Hedge Fund Positioning: PAGS
2026 Q1 Stats Unlock in 7 days 262 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 262 254 3.15%
13F Shares 123M 131M -5.74%
Total Value $1.19B $1.31B -9.12%
New Positions 47 37 +10
Increased Positions 127 115 +12
Closed Positions 40 36 +4
Reduced Positions 109 109 -
Total Calls 10 12 -16.67%
Total Puts 9 11 -18.18%
PUT/CALL Ratio 0.9 0.92 Neutral

Statistics: PAGS

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

262 + investors

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

Top 25 institutional holders of PAGS — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Polunin Capital Partners Ltd 13.80% 5,004,811 $53K
2 Truffle Hound Capital, LLC 1.95% 750,000 $7.5M
3 Aurora Investment Counsel 1.46% 263,630 $2.6M
4 Artemis Investment Management LLP 0.90% 8,504,359 $85.2M
5 Waterfront Wealth Inc. 0.66% 359,592 $3.6M
6 HUSSMAN STRATEGIC ADVISORS, INC. 0.45% 210,000 $2.1M
7 Balanced Rock Investment Advisors LLC 0.42% 60,308 $604K
8 Fairtree Asset Management (Pty) Ltd 0.38% 82,205 $824K
9 Olympiad Research LP 0.34% 11,166 $112K
10 Yorktown Management & Research Co Inc 0.32% 37,800 $379K
11 nVerses Capital, LLC 0.32% 34,617 $347K
12 Eurizon SLJ Capital Ltd 0.25% 55,194 $536K
13 NVWM, LLC 0.21% 96,192 $964K
14 Walleye Partners, LLC 0.19% 15,590 $156K
15 GSA CAPITAL PARTNERS LLP 0.16% 259,398 $3K
16 Quantbot Technologies LP 0.16% 385,414 $3.9M
17 Bayforest Capital Ltd 0.15% 13,041 $131K
18 Harbour Capital Advisors, LLC 0.14% 69,325 $746K
19 Robeco Institutional Asset Management B.V. 0.13% 9,110,457 $91.3M
20 Intellectus Partners, LLC 0.11% 52,705 $528K
21 Kiker Wealth Management, LLC 0.10% 20,651 $207K
22 Metis Global Partners, LLC 0.09% 383,008 $3.8M
23 Counterpoint Mutual Funds LLC 0.08% 56,464 $566K
24 Ruffer LLP 0.08% 199,225 $2.0M
25 AXQ CAPITAL, LP 0.08% 58,171 $583K
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 — 3 quarters in a row: For 3 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 — 53% buying: Last quarter: 140 funds bought or added vs 126 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?

Strong quality — 25% AUM from major funds: 34 of 244 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PAGS?

57% of holders stayed for 2+ years: 139 out of 244 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.

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.