Allspring Global Investments Boosts Pegasystems Stake by 71%

Asset manager increases holdings in technology company amid market volatility

Apr. 4, 2026 at 7:34am

Got story updates? Submit your updates here. ›

An extreme close-up of highly detailed, interlocking metal gears and machinery in shades of grey, bronze, and black, conveying the complex financial infrastructure and institutional investment in enterprise technology.Allspring Global Investments' major stake increase in Pegasystems reflects institutional confidence in the enterprise software company's long-term growth potential.Cambridge Today

Allspring Global Investments Holdings LLC has significantly increased its stake in Pegasystems Inc. (NASDAQ:PEGA), the enterprise software company, by adding over 155,000 additional shares in the fourth quarter of 2025. The move represents a 71.1% increase in Allspring's position, making it one of the largest institutional investors in Pegasystems.

Why it matters

This sizable investment by a major asset manager signals confidence in Pegasystems' long-term prospects, even as the broader technology sector has faced market headwinds. It underscores the continued appeal of Pegasystems' enterprise software and automation offerings among institutional investors.

The details

According to a recent SEC filing, Allspring Global Investments now owns 374,645 shares of Pegasystems, worth approximately $21 million at the end of 2025. This represents around 0.22% of the technology company's total outstanding shares. The asset manager added 155,728 new shares to its position during the fourth quarter.

  • Allspring Global Investments increased its Pegasystems stake in the fourth quarter of 2025.
  • Pegasystems' stock price closed at $42.62 on Friday, April 4, 2026.

The players

Allspring Global Investments Holdings LLC

A major asset management firm that has significantly increased its stake in Pegasystems Inc.

Pegasystems Inc.

An enterprise software company that provides customer engagement and digital process automation solutions.

Got photos? Submit your photos here. ›

The takeaway

Allspring Global Investments' substantial increase in its Pegasystems holdings underscores the software company's appeal as a long-term investment, as institutional investors seek exposure to enterprise technology leaders poised for growth.