American Century Companies Boosts Stake in Pagaya Technologies

Investment firm increases ownership in fintech company by over 113% in Q3 2026

Mar. 8, 2026 at 8:05am

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American Century Companies Inc. grew its stake in Pagaya Technologies Ltd. (NASDAQ:PGY) by 113.1% in the 3rd quarter of 2026, according to a recent SEC filing. The institutional investor now owns 1,094,799 shares of the fintech company's stock, representing a 1.43% ownership stake worth $32.5 million.

Why it matters

Pagaya Technologies is a fast-growing financial technology company that uses artificial intelligence and machine learning to analyze consumer credit data and offer alternative credit products to institutional investors. American Century's increased investment signals confidence in Pagaya's business model and growth potential.

The details

According to the filing, American Century added 581,017 shares to its Pagaya Technologies position during the quarter, bringing its total ownership to over 1 million shares. This follows other major investments in Pagaya by firms like Goldman Sachs, JPMorgan Chase, and Millennium Management in recent quarters as the company has expanded its AI-powered credit platform.

  • American Century increased its Pagaya stake in the 3rd quarter of 2026.

The players

American Century Companies Inc.

An investment management firm that oversees over $250 billion in assets for individual and institutional clients.

Pagaya Technologies Ltd.

A financial technology company that applies artificial intelligence and machine learning to credit and asset management.

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What they’re saying

“We must continue to find innovative ways to leverage data and technology to expand access to credit and financial services.”

— Sanjiv Das, President, Pagaya Technologies

What’s next

Pagaya Technologies is expected to report its Q4 2026 financial results in early February, which will provide more insight into the company's growth and performance.

The takeaway

Pagaya's ability to attract major institutional investors like American Century is a testament to the company's technological capabilities and the growing demand for AI-powered credit solutions in the financial services industry.