PGYNasdaqFinance ServicesFiscal year ends December 31Also trades as PGYWW
Pagaya Technologies Ltd.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$17.43+0.20 (+1.16%)
Close on Oct 19, 2026
- Market cap
- $1.70B
- P/E (TTM)
- 12.7
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
44.8%
32M of 72M shares
Institutional holders
221
56 new, 45 sold out
Net institutional buying
-4M
In Q2 2026
Insider trades, 12 months
2 buys · 33 sales
Net sold $4.33M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Ann H. Lamont | 4,215,672 | 6.00% | 13D (active) amendment | Sep 18, 2025 |
| Radiance Star Pte. Ltd. | 4,042,526 | 6.58% | 13D (active) amendment | Dec 19, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PGY | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Frontier Capital Management Co LLC | 2,296,417 | 3.18% | $41.91M | +2,099,721 | 0.39% |
| Millennium Management LLC | 2,286,864 | 3.17% | $41.74M | +1,412,166 | 0.02% |
| American Century Companies Inc | 1,887,696 | 2.62% | $34.45M | +192,836 | 0.02% |
| Aquamarine Financial (Cayman) Ltd | 1,771,209 | 2.46% | $32.32M | New | 1.78% |
| Allspring Global Investments Holdings, LLC | 1,645,317 | 2.28% | $30.88M | +616,236 | 0.05% |
| Vanguard Portfolio Management LLC | 1,258,658 | 1.74% | $22.97M | −457,670 | 0.00% |
| BlackRock, Inc. | 1,102,478 | 1.53% | $20.12M | −3,368,432 | 0.00% |
| HS Investments IV Ltd | 1,097,894 | 1.52% | $20.04M | – | 17.87% |
| Arrowstreet Capital, Limited Partnership | 1,049,229 | 1.45% | $19.15M | New | 0.01% |
| Morgan Stanley | 948,534 | 1.31% | $17.31M | −453,033 | 0.00% |
| UBS Group AG | 784,492 | 1.09% | $14.32M | −30,144 | 0.00% |
| Bnp Paribas Arbitrage, Snc | 759,730 | 1.05% | $13.87M | −439,412 | 0.00% |
| Two Sigma Investments, LP | 649,790 | 0.90% | $11.86M | −1,207,466 | 0.01% |
| Empowered Funds, LLC | 623,019 | 0.86% | $11.37M | +506,358 | 0.06% |
| Goldman Sachs Group Inc | 591,954 | 0.82% | $10.80M | −1,295,916 | 0.00% |
| Bridgeway Capital Management, LLC | 588,308 | 0.82% | $10.74M | New | 0.19% |
| Citadel Advisors LLC | 585,956 | 0.81% | $10.69M | +500,464 | 0.00% |
| Aqr Capital Management LLC | 575,192 | 0.80% | $10.50M | +209,759 | 0.00% |
| Balyasny Asset Management L.P. | 535,780 | 0.74% | $9.78M | +251,479 | 0.01% |
| Trexquant Investment LP | 501,951 | 0.70% | $9.16M | −6,606 | 0.05% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 221 | 32M | 44.8% | 56 / 76 | 63 / 45 | 14M | 18M |
| Q1 2026 | 213 | 37M | 50.8% | 41 / 95 | 53 / 62 | 12M | 16M |
| Q4 2025 | 237 | 42M | 58.5% | 62 / 90 | 65 / 47 | 11M | 12M |
| Q3 2025 | 224 | 43M | 59.9% | 84 / 75 | 54 / 20 | 16M | 8M |
| Q2 2025 | 160 | 35M | 49.2% | 47 / 62 | 34 / 19 | 15M | 4M |
| Q1 2025 | 133 | 25M | 34.5% | 32 / 45 | 38 / 25 | 9M | 5M |
| Q4 2024 | 127 | 22M | 30.7% | 41 / 39 | 35 / 26 | 8M | 6M |
| Q3 2024 | 113 | 20M | 27.7% | 37 / 47 | 20 / 23 | 10M | 3M |
| Q2 2024 | 100 | 16M | 21.7% | 39 / 30 | 22 / 17 | 8M | 6M |
| Q1 2024 | 79 | 14M | 19.2% | 79 / 0 | 0 / 1 | 14M | 1M |
| Q4 2023 | 1 | 1M | 1.0% | 0 / 0 | 1 / 0 | 0M | 1M |
| Q3 2023 | 1 | 1M | 1.8% | 0 / 1 | 0 / 0 | 1M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of PGY | Value | % of fund | As of |
|---|---|---|---|---|---|
| Avantis U.S. Small Cap Value ETF | 1,475,505 | 2.05% | $22.31M | 0.08% | May 31, 2026 |
| Vanguard Information Technology Index Fund | 1,189,313 | 1.65% | $17.98M | 0.01% | May 31, 2026 |
| Vanguard Russell 2000 Index Fund | 310,098 | 0.43% | $4.69M | 0.03% | May 31, 2026 |
| Avantis U.S. Small Cap Value Fund | 117,497 | 0.16% | $1.78M | 0.10% | May 31, 2026 |
| Avantis U.S. Small Cap Equity ETF | 93,813 | 0.13% | $1.42M | 0.05% | May 31, 2026 |
| Amplify BlueStar Israel Technology ETF | 78,221 | 0.11% | $1.43M | 1.19% | Jun 30, 2026 |
| Vanguard Strategic Small-Cap Equity Fund | 70,961 | 0.10% | $1.30M | 0.04% | Jun 30, 2026 |
| Vanguard Russell 2000 Growth Index Fund | 56,388 | 0.08% | $852.59K | 0.05% | May 31, 2026 |
| Invesco RAFI US 1500 Small-Mid ETF | 56,357 | 0.08% | $1.09M | 0.04% | Jul 31, 2026 |
| Avantis U.S. Equity ETF | 53,010 | 0.07% | $801.51K | 0.01% | May 31, 2026 |
| Small Cap Value Fund | 51,089 | 0.07% | $932.37K | 0.14% | Jun 30, 2026 |
| Themes Generative Artificial Intelligence ETF | 40,151 | 0.06% | $732.76K | 2.18% | Jun 30, 2026 |
| Emerald Finance & Banking Innovation Fund | 29,648 | 0.04% | $571.32K | 1.18% | Jul 31, 2026 |
| Global X FinTech ETF | 24,676 | 0.03% | $373.10K | 0.19% | May 31, 2026 |
| Small Cap Core Fund | 14,446 | 0.02% | $263.64K | 0.07% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Gal Krubiner | Chief Executive Officer, Director | 5,145,080 | 7.13% | Jun 25, 2026 |
| Yahav Yulzari | Deputy Chief Executive Officer, Director | 4,087,724 | 5.67% | Apr 8, 2026 |
| Avital Pardo | Deputy Chief Executive Officer, Director | 3,092,828 | 4.29% | Apr 8, 2026 |
| Jonathan Dobres | Chief Financial Officer | 10,217 | 0.01% | Sep 29, 2026 |
| Sanjiv Das | President | 173,864 | 0.24% | Sep 29, 2026 |
| Cory Vieira | Chief Accounting Officer | 25,160 | 0.03% | Sep 29, 2026 |
| Tami Rosen | Director | 15,400 | 0.02% | Sep 18, 2026 |
| Jason M. Gardner | Director | 0 | – | Sep 3, 2026 |
| Asheet Mehta | Director | 30,196 | 0.04% | Dec 12, 2025 |
| Harvey Golub | Director | 252,360 | 0.35% | Dec 12, 2025 |
| Alison Davis | Director | 48,946 | 0.07% | Dec 12, 2025 |
| Avi Zeevi | Director | 160,461 | 0.22% | Dec 12, 2025 |
| Dan Petrozzo | Director | 104,896 | 0.15% | Dec 12, 2025 |
| Nicole Torraco | Director | 9,487 | 0.01% | Nov 18, 2024 |
| Evangelos Perros | – | 131,241 | 0.18% | Jun 16, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Cory Vieira Chief Accounting Officer | Sep 28, 2026 | Sale | −2,170 | $17.04 | $36.98K | 25,160 |
| Sanjiv Das President | Sep 28, 2026 | Sale | −14,300 | $17.04 | $243.67K | 173,864 |
| Jonathan Dobres Chief Financial Officer | Sep 28, 2026 | Sale | −590 | $17.04 | $10.05K | 10,217 |
| Cory Vieira Chief Accounting Officer | Sep 25, 2026 | Option exercise | +3,572 | – | – | 27,330 |
| Sanjiv Das President | Sep 25, 2026 | Option exercise | +25,000 | – | – | 188,164 |
| Jonathan Dobres Chief Financial Officer | Sep 25, 2026 | Option exercise | +1,116 | – | – | 10,807 |
| Tami Rosen Director | Sep 18, 2026 | Sale(10b5-1 plan) | −8,504 | $20.38 | $173.31K | 15,400 |
| Jonathan Dobres Chief Financial Officer | Sep 17, 2026 | Sale | −2,183 | $21.04 | $45.93K | 9,758 |
| Jonathan Dobres Chief Financial Officer | Sep 15, 2026 | Option exercise | +4,375 | – | – | 11,941 |
| Sanjiv Das President | Sep 12, 2026 | Sale | −13,301 | $20.21 | $268.81K | 154,635 |
| Sanjiv Das President | Sep 12, 2026 | Option exercise | +23,750 | – | – | 167,936 |
| Jonathan Dobres Chief Financial Officer | Sep 12, 2026 | Option exercise | +1,125 | – | – | 8,148 |
| Jonathan Dobres Chief Financial Officer | Sep 12, 2026 | Sale | −582 | $20.21 | $11.76K | 7,566 |
| Tami Rosen Director | Sep 12, 2026 | Sale | −7,121 | $20.21 | $143.92K | 23,904 |
| Tami Rosen Director | Sep 12, 2026 | Option exercise | +15,625 | – | – | 31,025 |
| Tami Rosen Director | Sep 3, 2026 | Sale | −1,265 | $23.07 | $29.18K | 15,400 |
| Cory Vieira Chief Accounting Officer | Sep 2, 2026 | Option exercise | +5,208 | – | – | 26,833 |
| Cory Vieira Chief Accounting Officer | Sep 2, 2026 | Sale | −3,075 | $22.71 | $69.83K | 23,758 |
| Jason M. Gardner Director | Sep 1, 2026 | Award | +5,946 | – | – | 5,946 |
| Tami Rosen Director | Aug 3, 2026 | Sale | −28,181 | $21.98 | $619.42K | 16,665 |
| Tami Rosen Director | Aug 3, 2026 | Award | +7,302 | – | – | 44,846 |
| Sanjiv Das President | Aug 3, 2026 | Sale | −21,289 | $22.00 | $468.36K | 144,186 |
| Jonathan Dobres Chief Financial Officer | Jun 25, 2026 | Option exercise | +1,117 | – | – | 7,426 |
| Jonathan Dobres Chief Financial Officer | Jun 25, 2026 | Sale | −403 | $15.48 | $6.24K | 7,023 |
| Cory Vieira Chief Accounting Officer | Jun 25, 2026 | Option exercise | +3,572 | – | – | 22,417 |
| Cory Vieira Chief Accounting Officer | Jun 25, 2026 | Sale | −1,458 | $15.83 | $23.08K | 20,959 |
| Sanjiv Das President | Jun 25, 2026 | Sale | −14,000 | $15.83 | $221.62K | 165,475 |
| Sanjiv Das President | Jun 25, 2026 | Option exercise | +25,000 | – | – | 179,475 |
| Gal Krubiner Chief Executive Officer, Director | Jun 24, 2026 | Buy | +16,230 | $15.43 | $250.43K | 555,906 |
| Tami Rosen Director | Jun 22, 2026 | Sale(10b5-1 plan) | −9,944 | $15.20 | $151.15K | 37,544 |
| Evangelos Perros – | Jun 12, 2026 | Sale | −11,558 | $16.23 | $187.59K | 131,241 |
| Evangelos Perros – | Jun 12, 2026 | Option exercise | +20,625 | – | – | 142,799 |
| Sanjiv Das President | Jun 12, 2026 | Sale | −13,309 | $16.23 | $216.01K | 154,475 |
| Sanjiv Das President | Jun 12, 2026 | Option exercise | +23,750 | – | – | 167,784 |
| Tami Rosen Director | Jun 12, 2026 | Option exercise | +15,625 | – | – | 53,169 |
| Tami Rosen Director | Jun 12, 2026 | Sale | −5,681 | $16.23 | $92.20K | 47,488 |
| Cory Vieira Chief Accounting Officer | Jun 2, 2026 | Option exercise | +5,208 | – | – | 20,319 |
| Cory Vieira Chief Accounting Officer | Jun 2, 2026 | Sale | −2,140 | $15.01 | $32.12K | 18,179 |
| Gal Krubiner Chief Executive Officer, Director | Jun 2, 2026 | Buy | +16,600 | $15.09 | $250.49K | 539,676 |
| Tami Rosen Director | Apr 17, 2026 | Sale(10b5-1 plan) | −9,720 | $15.14 | $147.16K | 37,544 |
| Evangelos Perros Chief Financial Officer | Apr 1, 2026 | Option exercise | +22,766 | – | – | 135,178 |
| Evangelos Perros Chief Financial Officer | Apr 1, 2026 | Sale | −13,004 | $11.34 | $147.47K | 122,174 |
| Tami Rosen Chief Development Officer, Director | Mar 12, 2026 | Option exercise | +15,625 | – | – | 53,169 |
| Tami Rosen Chief Development Officer, Director | Mar 12, 2026 | Sale | −5,905 | $10.99 | $64.90K | 47,264 |
| Evangelos Perros Chief Financial Officer | Mar 12, 2026 | Sale | −8,425 | $10.99 | $92.59K | 112,412 |
| Evangelos Perros Chief Financial Officer | Mar 12, 2026 | Option exercise | +20,625 | – | – | 120,837 |
| Sanjiv Das President | Mar 12, 2026 | Sale | −9,702 | $10.99 | $106.62K | 144,034 |
| Sanjiv Das President | Mar 12, 2026 | Option exercise | +23,750 | – | – | 153,736 |
| Cory Vieira Chief Accounting Officer | Mar 2, 2026 | Sale | −2,490 | $10.92 | $27.19K | 15,111 |
| Cory Vieira Chief Accounting Officer | Mar 2, 2026 | Option exercise | +5,209 | – | – | 17,601 |
| Evangelos Perros Chief Financial Officer | Jan 5, 2026 | Sale | −9,750 | $22.99 | $224.15K | 100,212 |
| Sanjiv Das President | Jan 5, 2026 | Sale | −3,945 | $22.99 | $90.70K | 129,986 |
| Evangelos Perros Chief Financial Officer | Jan 1, 2026 | Option exercise | +22,766 | – | – | 109,962 |
| Sanjiv Das President | Jan 1, 2026 | Option exercise | +8.54 | – | – | 133,931 |
| Tami Rosen Chief Development Officer, Director | Dec 19, 2025 | Sale(10b5-1 plan) | −7,561 | $30.73 | $232.35K | 37,544 |
| Evangelos Perros Chief Financial Officer | Dec 12, 2025 | Sale | −11,592 | $22.35 | $259.08K | 87,196 |
| Evangelos Perros Chief Financial Officer | Dec 12, 2025 | Option exercise | +20,625 | – | – | 98,788 |
| Sanjiv Das President | Dec 12, 2025 | Sale | −568 | $22.35 | $12.69K | 133,922 |
| Sanjiv Das President | Dec 12, 2025 | Option exercise | +23,750 | – | – | 134,490 |
| Tami Rosen Chief Development Officer, Director | Dec 12, 2025 | Option exercise | +15,625 | – | – | 53,169 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Rosen Tami Director | Sep 18, 2026 | 8,504 | $174.84K | Sep 18, 2026 | Restricted Stock Units |
| Das Sanjiv Officer | Aug 3, 2026 | 21,289 | $468.36K | Aug 3, 2026 | Restricted Stock |
| Rosen Tami Director | Aug 3, 2026 | 28,182 | $619.39K | Aug 3, 2026 | Exercised Shares |
| Rosen Tami Director | Jun 22, 2026 | 9,944 | $155.33K | Jun 22, 2026 | Restricted Stock Units |
| Rosen Tami Director, Officer | Apr 17, 2026 | 9,720 | $142.98K | Apr 17, 2026 | Restricted Stock Units |
| Tami Rosen Officer, Director | Dec 22, 2025 | 7,561 | $173.37K | Dec 19, 2025 | Restricted Stock Units |
| Rosen Tami Director, Officer | Dec 19, 2025 | 15,625 | $358.28K | Dec 19, 2025 | Restricted Stock Units |
| Rosen Tami Director | Oct 1, 2025 | 15,026 | $446.12K | Oct 1, 2025 | Restricted Stock Units |
| Ventures 4 L.P Viola Director | Sep 24, 2025 | 201,314 | $7.08M | Sep 24, 2025 | Distribution from a Partnership |
| Viola Ventures Iv Ceo Program, L.P Director | Sep 23, 2025 | 5,225 | $196.80K | Sep 23, 2025 | Private Acquisition from Issuer/Affiliate |
| Viola 4 P, Limited Partnership Director | Sep 23, 2025 | 23,788 | $895.99K | Sep 23, 2025 | Private Acquisition from Issuer/Affiliate |
| Ventures Iv Principals Fund Lp Viola Director | Sep 23, 2025 | 14,924 | $562.12K | Sep 23, 2025 | Private Acquisition from Issuer/Affiliate |
| Viola Ventures Iv (A), L.P. Director | Sep 23, 2025 | 1,910 | $71.94K | Sep 23, 2025 | Private Acquisition from Issuer/Affiliate |
| Viola Ventures Iv (B), L.P. Director | Sep 23, 2025 | 96,275 | $3.63M | Sep 23, 2025 | Private Acquisition from Issuer/Affiliate |
| Adams Andrew 10% Beneficial Owner | Sep 19, 2025 | 108,005 | $4.73M | Sep 19, 2025 | Distribution in Kind |