Paycom
PAYC
352 hedge funds and large institutions have $5.64B invested in Paycom in 2018 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 125 increasing their positions, 118 reducing their positions, and 52 closing their positions.
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
17% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 52
2% more funds holding
Funds holding: 345 → 352 (+7)
8% more call options, than puts
Call options by funds: $42M | Put options by funds: $38.8M
6% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 118
0.73% more ownership
Funds ownership: 77.84% → 78.57% (+0.73%)
20% less capital invested
Capital invested by funds: $7.09B → $5.64B (-$1.45B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$112M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$106M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$79.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$41.9M |
| 5 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$30.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$101M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$63.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$44.9M |
| 4 |
Millennium Management
New York
|
-$36.2M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$31.5M |
PAYC Hedge Fund Activity: Q4 2018 in Review
352 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q4 2018, worth a combined $5.64B — down 20% from $7.09B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new PAYC positions and 52 closed out — a net gain of 9 holders — while 125 added to existing stakes and 118 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $112M. The largest seller was Capital International Investors, cutting an estimated $101M.
- 352 institutional investors held Paycom (PAYC) as of Q4 2018, up from 345 in Q3 2018.
- Funds reported $5.64B of Paycom stock for Q4 2018, down 20% quarter-over-quarter.
- 61 funds opened new Paycom positions in Q4 2018 and 52 closed out, a net change of +9 holders.
- The largest Paycom buyer in Q4 2018 was AllianceBernstein, an estimated $112M added.
- The largest Paycom seller in Q4 2018 was Capital International Investors, an estimated $101M sold.
Based on aggregated 13F filings for Q4 2018.