Paycom
PAYC
187 hedge funds and large institutions have $2.47B invested in Paycom in 2016 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 77 increasing their positions, 62 reducing their positions, and 39 closing their positions.
110% more call options, than puts
Call options by funds: $25.5M | Put options by funds: $12.1M
24% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 62
7.68% more ownership
Funds ownership: 86% → 93.68% (+7.7%)
1% more capital invested
Capital invested by funds: $2.45B → $2.47B (+$25.7M)
7% less funds holding
Funds holding: 200 → 187 (-13)
21% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 39
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$265M |
| 2 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$105M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$73.6M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$46.4M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$34.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$107M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$96.2M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$83.1M |
| 4 |
O
OppenheimerFunds
New York
|
-$43.8M |
| 5 |
SCH
Sylebra Capital (HK)
Hong Kong
|
-$23.9M |
PAYC Hedge Fund Activity: Q4 2016 in Review
187 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q4 2016, worth a combined $2.47B — up 1% from $2.45B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of PAYC and 31 opened new positions — a net loss of 8 holders — while 62 trimmed existing stakes and 77 added.
The largest buyer was Fidelity Investments, adding an estimated $265M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $107M.
- 187 institutional investors held Paycom (PAYC) as of Q4 2016, down from 200 in Q3 2016.
- Funds reported $2.47B of Paycom stock for Q4 2016, up 1% quarter-over-quarter.
- 31 funds opened new Paycom positions in Q4 2016 and 39 closed out, a net change of -8 holders.
- The largest Paycom buyer in Q4 2016 was Fidelity Investments, an estimated $265M added.
- The largest Paycom seller in Q4 2016 was Gilder Gagnon Howe & Co, an estimated $107M sold.
Based on aggregated 13F filings for Q4 2016.