diff --git a/.changeset/purple-dryers-develop.md b/.changeset/purple-dryers-develop.md
new file mode 100644
index 0000000000..cf640e5700
--- /dev/null
+++ b/.changeset/purple-dryers-develop.md
@@ -0,0 +1,5 @@
+---
+'hive': patch
+---
+
+Added missing index for postgres db field "schema_versions.target_id" sorted with "created_at"
\ No newline at end of file
diff --git a/packages/migrations/src/actions/2025.02.27T00-00-00.improve-version-index-3.ts b/packages/migrations/src/actions/2025.02.27T00-00-00.improve-version-index-3.ts
new file mode 100644
index 0000000000..c5c502d50b
--- /dev/null
+++ b/packages/migrations/src/actions/2025.02.27T00-00-00.improve-version-index-3.ts
@@ -0,0 +1,12 @@
+import { type MigrationExecutor } from '../pg-migrator';
+
+export default {
+  name: '2025.02.27T00-00-00.improve-version-index-3.ts',
+  noTransaction: true,
+  run: ({ sql }) => [
+    {
+      name: `create "schema_versions"."target_id" with "created_at" sort index`,
+      query: sql`CREATE INDEX CONCURRENTLY idx_maybe_latest_version_id ON schema_versions(target_id, created_at DESC);`,
+    },
+  ],
+} satisfies MigrationExecutor;
diff --git a/packages/migrations/src/run-pg-migrations.ts b/packages/migrations/src/run-pg-migrations.ts
index 0eb3dbd60e..bb2239f218 100644
--- a/packages/migrations/src/run-pg-migrations.ts
+++ b/packages/migrations/src/run-pg-migrations.ts
@@ -159,5 +159,6 @@ export const runPGMigrations = async (args: { slonik: DatabasePool; runTo?: stri
       await import('./actions/2025.01.20T00-00-00.legacy-registry-model-removal'),
       await import('./actions/2025.01.30T00-00-00.granular-member-role-permissions'),
       await import('./actions/2025.02.20T00-00-00.organization-access-tokens'),
+      await import('./actions/2025.02.27T00-00-00.improve-version-index-3'),
     ],
   });