Paycom
PAYC
659 hedge funds and large institutions have $8.85B invested in Paycom in 2024 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 270 increasing their positions, 211 reducing their positions, and 100 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 270 | Existing positions reduced: 211
2.05% more ownership
Funds ownership: 75.24% → 77.29% (+2.1%)
7% less first-time investments, than exits
New positions opened: 93 | Existing positions closed: 100
2% less funds holding
Funds holding: 674 → 659 (-15)
5% less capital invested
Capital invested by funds: $9.34B → $8.85B (-$491M)
14% less call options, than puts
Call options by funds: $336M | Put options by funds: $393M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$468M |
| 2 |
Polen Capital Management
Boca Raton,
Florida
|
+$288M |
| 3 |
SC
Sylebra Capital
Palo Alto,
California
|
+$243M |
| 4 |
D.E. Shaw & Co
New York
|
+$156M |
| 5 |
Two Sigma Investments
New York
|
+$60.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$542M |
| 2 |
Morgan Stanley
New York
|
-$348M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$128M |
| 4 |
VH
ValueAct Holdings
San Francisco,
California
|
-$126M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$76.9M |
PAYC Hedge Fund Activity: Q1 2024 in Review
659 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q1 2024, worth a combined $8.85B — down 5.3% from $9.34B a quarter earlier.
Sellers outnumbered buyers: 100 funds closed out of PAYC and 93 opened new positions — a net loss of 7 holders — while 211 trimmed existing stakes and 270 added.
The largest buyer was Harris Associates, adding an estimated $468M. The largest seller was AllianceBernstein, cutting an estimated $542M.
- 659 institutional investors held Paycom (PAYC) as of Q1 2024, down from 674 in Q4 2023.
- Funds reported $8.85B of Paycom stock for Q1 2024, down 5.3% quarter-over-quarter.
- 93 funds opened new Paycom positions in Q1 2024 and 100 closed out, a net change of -7 holders.
- The largest Paycom buyer in Q1 2024 was Harris Associates, an estimated $468M added.
- The largest Paycom seller in Q1 2024 was AllianceBernstein, an estimated $542M sold.
Based on aggregated 13F filings for Q1 2024.