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Paycom

89 hedge funds and large institutions have $486M invested in Paycom in 2015 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 30 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

322% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 9

164% more capital invested

Capital invested by funds: $185M → $486M (+$302M)

76% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 17

48% more funds holding

Funds holding: 6089 (+29)

15.18% more ownership

Funds ownership: 13.02%28.2% (+15%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
89
Holders Change
+29
Holders Change %
+48.33%
% of All Funds
2.37%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
38
Increased
30
Reduced
17
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GGHC
1
Gilder Gagnon Howe & Co
New York
$108M +$52.2M +1,758,321 +109%
Wells Fargo
2
Wells Fargo
California
$78.5M +$9.29M +313,149 +15%
TCM
3
TimesSquare Capital Management
New York
$45.8M +$42.4M +1,427,010 New
Lord, Abbett & Co
4
Lord, Abbett & Co
New Jersey
$43.4M +$25.4M +854,888 +171%
Vanguard Group
5
Vanguard Group
Pennsylvania
$24.9M +$21.5M +722,691 +1,325%
WRF
6
Waddell & Reed Financial
Kansas
$23.9M +$22.2M +746,357 New
DCM
7
Driehaus Capital Management
Illinois
$16M +$2.53M +85,072 +21%
Northwestern Mutual Wealth Management
8
Northwestern Mutual Wealth Management
Wisconsin
$14.7M
Jennison Associates
9
Jennison Associates
New York
$14.2M +$13.1M +442,941 New
GIP
10
Granite Investment Partners
California
$8.46M +$4.31M +145,183 +122%
PC
11
Pier Capital
Connecticut
$6.88M +$746K +25,118 +13%
RSCM
12
Rail-Splitter Capital Management
Illinois
$6.34M +$5.88M +198,153 New
BFA
13
BlackRock Fund Advisors
California
$5.72M +$34.4K +1,158 +0.7%
CM
14
Castleark Management
Illinois
$5.53M +$5.12M +172,525 New
Renaissance Technologies
15
Renaissance Technologies
New York
$5.45M +$5.04M +169,850 New
BIM
16
Bridgecreek Investment Management
Oklahoma
$5.44M +$5.03M +169,550 New
Northern Trust
17
Northern Trust
Illinois
$4.6M +$2.43M +81,761 +133%
HRCM
18
Hood River Capital Management
Florida
$4.48M +$4.15M +139,675 New
Millennium Management
19
Millennium Management
New York
$4.31M +$3.99M +134,569 New
BIT
20
BlackRock Institutional Trust
California
$4.07M +$1.54M +51,883 +69%
Two Sigma Investments
21
Two Sigma Investments
New York
$3.8M +$2.79M +93,838 +382%
GIPM
22
G2 Investment Partners Management
New York
$3.68M +$3.15M +106,293 +1,266%
Morgan Stanley
23
Morgan Stanley
New York
$3.5M +$2.78M +93,769 +605%
State Street
24
State Street
Massachusetts
$2.69M +$412K +13,877 +20%
VEPM
25
Vista Equity Partners Management
California
$2.62M +$1.17M +39,378 +93%

PAYC Hedge Fund Activity: Q1 2015 in Review

89 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q1 2015, worth a combined $486M — up 164% from $185M a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new PAYC positions and 9 closed out — a net gain of 29 holders — while 30 added to existing stakes and 17 trimmed.

The largest buyer was Gilder Gagnon Howe & Co, adding an estimated $52.2M. The largest seller was JP Morgan Chase, cutting an estimated $5.17M.

  • 89 institutional investors held Paycom (PAYC) as of Q1 2015, up from 60 in Q4 2014.
  • Funds reported $486M of Paycom stock for Q1 2015, up 164% quarter-over-quarter.
  • 38 funds opened new Paycom positions in Q1 2015 and 9 closed out, a net change of +29 holders.
  • The largest Paycom buyer in Q1 2015 was Gilder Gagnon Howe & Co, an estimated $52.2M added.
  • The largest Paycom seller in Q1 2015 was JP Morgan Chase, an estimated $5.17M sold.

Based on aggregated 13F filings for Q1 2015.