Paycom
PAYC
704 hedge funds and large institutions have $11.3B invested in Paycom in 2023 Q3 according to their latest regulatory filings, with 91 funds opening new positions, 247 increasing their positions, 261 reducing their positions, and 77 closing their positions.
18% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 77
1% more funds holding
Funds holding: 696 → 704 (+8)
5% less repeat investments, than reductions
Existing positions increased: 247 | Existing positions reduced: 261
3.03% less ownership
Funds ownership: 75.32% → 72.29% (-3%)
23% less capital invested
Capital invested by funds: $14.6B → $11.3B (-$3.29B)
33% less funds holding in top 10
Funds holding in top 10: 12 → 8 (-4)
39% less call options, than puts
Call options by funds: $231M | Put options by funds: $379M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$268M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$165M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$128M |
| 4 |
MG
Meritage Group
San Francisco,
California
|
+$122M |
| 5 |
DCP
DSM Capital Partners
Palm Beach Gardens,
Florida
|
+$70.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$199M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$182M |
| 3 |
Holocene Advisors
New York
|
-$167M |
| 4 |
Renaissance Technologies
New York
|
-$107M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$93.2M |
PAYC Hedge Fund Activity: Q3 2023 in Review
704 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q3 2023, worth a combined $11.3B — down 23% from $14.6B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new PAYC positions and 77 closed out — a net gain of 14 holders — while 247 added to existing stakes and 261 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $268M. The largest seller was Fidelity Investments, cutting an estimated $199M.
- 704 institutional investors held Paycom (PAYC) as of Q3 2023, up from 696 in Q2 2023.
- Funds reported $11.3B of Paycom stock for Q3 2023, down 23% quarter-over-quarter.
- 91 funds opened new Paycom positions in Q3 2023 and 77 closed out, a net change of +14 holders.
- The largest Paycom buyer in Q3 2023 was AllianceBernstein, an estimated $268M added.
- The largest Paycom seller in Q3 2023 was Fidelity Investments, an estimated $199M sold.
Based on aggregated 13F filings for Q3 2023.