Paycom
PAYC
185 hedge funds and large institutions have $3.11B invested in Paycom in 2017 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 58 increasing their positions, 73 reducing their positions, and 27 closing their positions.
26% more capital invested
Capital invested by funds: $2.47B → $3.11B (+$641M)
15% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 27
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less funds holding
Funds holding: 187 → 185 (-2)
2.68% less ownership
Funds ownership: 93.68% → 91% (-2.7%)
17% less call options, than puts
Call options by funds: $13.3M | Put options by funds: $16M
21% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$138M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$63.7M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$33.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$20.3M |
| 5 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$18.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$31.1M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$29.2M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$17.2M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$17.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
201
Pointe Capital Management
Grosse Pointe Farms,
Michigan
| – | -$227K | -5,000 | Closed |
|
|
TI
202
Turner Investments
Berwyn,
Pennsylvania
| – | -$227K | -5,000 | Closed |
|
|
QT
203
Quantbot Technologies
New York
| – | -$220K | -4,839 | Closed |
|
|
PG
204
PEAK6 Group
Chicago,
Illinois
| – | -$197K | -3,796 | Closed |
|
205
Simplex Trading
Chicago,
Illinois
| – | -$173K | -3,337 | Closed |
|
206
SG Americas Securities
New York
| – | -$123K | -2,694 | Closed |
|
|
CG
207
Cutler Group
San Francisco,
California
| – | -$24.8K | -478 | Closed |
|
|
SFS
208
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$16K | -300 | Closed |
|
|
NFG
209
Next Financial Group
Houston,
Texas
| – | -$6K | -140 | Closed |
|
210
Parallax Volatility Advisers
San Francisco,
California
| – | -$5.5K | -106 | Closed |
|
211
Acadian Asset Management
Boston,
Massachusetts
| – | -$4K | -83 | Closed |
|
|
TCM
212
Tradewinds Capital Management
Bellingham,
Washington
| – | -$3K | -65 | Closed |
|
|
FNBT
213
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$1K | -31 | Closed |
|
PAYC Hedge Fund Activity: Q1 2017 in Review
185 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q1 2017, worth a combined $3.11B — up 26% from $2.47B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new PAYC positions and 27 closed out — a net gain of 4 holders — while 58 added to existing stakes and 73 trimmed.
The largest buyer was BlackRock, adding an estimated $138M. The largest seller was Wells Fargo, cutting an estimated $31.1M.
- 185 institutional investors held Paycom (PAYC) as of Q1 2017, down from 187 in Q4 2016.
- Funds reported $3.11B of Paycom stock for Q1 2017, up 26% quarter-over-quarter.
- 31 funds opened new Paycom positions in Q1 2017 and 27 closed out, a net change of +4 holders.
- The largest Paycom buyer in Q1 2017 was BlackRock, an estimated $138M added.
- The largest Paycom seller in Q1 2017 was Wells Fargo, an estimated $31.1M sold.
Based on aggregated 13F filings for Q1 2017.