Pagaya Technologies (PGY) reported second-quarter 2026 GAAP net income attributable to shareholders of $45 million, up $29 million from the prior-year period. Total revenue and other income rose 19% year over year to $387 million.
The company also raised its full-year 2026 GAAP net income outlook to a range of $155 million to $180 million. Pagaya said second-quarter network volume reached $3.5 billion, while adjusted EBITDA was $124 million.
- Q2 GAAP net income: $45 million, compared with $16.7 million in the prior-year period.
- Total revenue and other income: $387 million, up 19% year over year.
- Network volume: $3.5 billion, up 33% year over year.
- Adjusted EBITDA: $124 million, up 43% year over year.
- Q3 outlook: GAAP net income expected between $42 million and $52 million.
- Full-year outlook: GAAP net income expected between $155 million and $180 million.
$PGYWW Hedge Fund Activity
We have seen 3 institutional investors add shares of $PGYWW stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HS INVESTMENTS IV LTD removed 1,097,894 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $57,639
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 480,716 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $18,267
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 209,453 shares (+178.7%) to their portfolio in Q1 2026, for an estimated $7,959
- VIRTU FINANCIAL LLC added 64,413 shares (+inf%) to their portfolio in Q1 2026, for an estimated $2,447
- MARINER, LLC removed 10,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $380
- JANE STREET GROUP, LLC added 5,014 shares (+8.5%) to their portfolio in Q1 2026, for an estimated $190
- UBS GROUP AG removed 3,906 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $148
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
