Paycom
PAYC
183 hedge funds and large institutions have $2.09B invested in Paycom in 2016 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 80 increasing their positions, 41 reducing their positions, and 15 closing their positions.
849% more call options, than puts
Call options by funds: $14.6M | Put options by funds: $1.54M
200% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 15
95% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 41
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
38% more capital invested
Capital invested by funds: $1.51B → $2.09B (+$575M)
18% more funds holding
Funds holding: 155 → 183 (+28)
8.76% more ownership
Funds ownership: 71.81% → 80.58% (+8.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$61.5M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$39.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$29.3M |
| 4 |
CC
Carlson Capital
Dallas,
Texas
|
+$20.4M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$50.3M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$24.3M |
| 3 |
NAM
Nichols Asset Management
Sudbury,
Massachusetts
|
-$7.91M |
| 4 |
RSCM
Rail-Splitter Capital Management
Chicago,
Illinois
|
-$6.69M |
| 5 |
TCM
TimesSquare Capital Management
New York
|
-$5.14M |
PAYC Hedge Fund Activity: Q2 2016 in Review
183 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q2 2016, worth a combined $2.09B — up 38% from $1.51B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new PAYC positions and 15 closed out — a net gain of 30 holders — while 80 added to existing stakes and 41 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $61.5M. The largest seller was Wells Fargo, cutting an estimated $50.3M.
- 183 institutional investors held Paycom (PAYC) as of Q2 2016, up from 155 in Q1 2016.
- Funds reported $2.09B of Paycom stock for Q2 2016, up 38% quarter-over-quarter.
- 45 funds opened new Paycom positions in Q2 2016 and 15 closed out, a net change of +30 holders.
- The largest Paycom buyer in Q2 2016 was Fidelity Investments, an estimated $61.5M added.
- The largest Paycom seller in Q2 2016 was Wells Fargo, an estimated $50.3M sold.
Based on aggregated 13F filings for Q2 2016.