Paycom
PAYC
322 hedge funds and large institutions have $4.84B invested in Paycom in 2018 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 104 increasing their positions, 97 reducing their positions, and 49 closing their positions.
59% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 49
9% more funds holding
Funds holding: 295 → 322 (+27)
7% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 97
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.76% less ownership
Funds ownership: 83.8% → 83.04% (-0.76%)
9% less capital invested
Capital invested by funds: $5.32B → $4.84B (-$481M)
54% less call options, than puts
Call options by funds: $30M | Put options by funds: $65.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$49.9M |
| 2 |
JP Morgan Chase
New York
|
+$48.2M |
| 3 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$48.1M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$45.3M |
| 5 |
Goldman Sachs
New York
|
+$41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$103M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$77.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$76.7M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$61M |
| 5 |
State Street
Boston,
Massachusetts
|
-$36.9M |
PAYC Hedge Fund Activity: Q2 2018 in Review
322 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q2 2018, worth a combined $4.84B — down 9% from $5.32B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new PAYC positions and 49 closed out — a net gain of 29 holders — while 104 added to existing stakes and 97 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $49.9M. The largest seller was BlackRock, cutting an estimated $103M.
- 322 institutional investors held Paycom (PAYC) as of Q2 2018, up from 295 in Q1 2018.
- Funds reported $4.84B of Paycom stock for Q2 2018, down 9% quarter-over-quarter.
- 78 funds opened new Paycom positions in Q2 2018 and 49 closed out, a net change of +29 holders.
- The largest Paycom buyer in Q2 2018 was Millennium Management, an estimated $49.9M added.
- The largest Paycom seller in Q2 2018 was BlackRock, an estimated $103M sold.
Based on aggregated 13F filings for Q2 2018.