Paycom
PAYC
47 hedge funds and large institutions have $108M invested in Paycom in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
25% more capital invested
Capital invested by funds: $87M → $108M (+$21.4M)
21% more funds holding
Funds holding: 39 → 47 (+8)
1.14% more ownership
Funds ownership: 11.69% → 12.83% (+1.1%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
Top Buyers
| 1 |
GIPM
G2 Investment Partners Management
New York
|
+$9.99M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$6.41M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.53M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.15M |
| 5 |
TCM
Timpani Capital Management
Milwaukee,
Wisconsin
|
+$985K |
Top Sellers
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$5.82M |
| 2 |
TCGI
Three Corner Global Investors
New York
|
-$2.44M |
| 3 |
Morgan Stanley
New York
|
-$2.05M |
| 4 |
JP Morgan Chase
New York
|
-$1.6M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$200K | -13,694 | Closed |
|
52
Goldman Sachs
New York
| – | -$192K | -13,150 | Closed |
|
|
VFA
53
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$8K | -556 | Closed |
|
PAYC Hedge Fund Activity: Q3 2014 in Review
47 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q3 2014, worth a combined $108M — up 25% from $87M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PAYC positions and 6 closed out — a net gain of 8 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was G2 Investment Partners Management, opening a new position worth an estimated $9.99M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $5.82M.
- 47 institutional investors held Paycom (PAYC) as of Q3 2014, up from 39 in Q2 2014.
- Funds reported $108M of Paycom stock for Q3 2014, up 25% quarter-over-quarter.
- 14 funds opened new Paycom positions in Q3 2014 and 6 closed out, a net change of +8 holders.
- The largest Paycom buyer in Q3 2014 was G2 Investment Partners Management, an estimated $9.99M added.
- The largest Paycom seller in Q3 2014 was Gilder Gagnon Howe & Co, an estimated $5.82M sold.
Based on aggregated 13F filings for Q3 2014.