Paycom
PAYC
208 hedge funds and large institutions have $3.52B invested in Paycom in 2017 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 92 increasing their positions, 58 reducing their positions, and 15 closing their positions.
160% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 15
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
59% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 58
23% more call options, than puts
Call options by funds: $20.3M | Put options by funds: $16.5M
13% more capital invested
Capital invested by funds: $3.11B → $3.52B (+$409M)
12% more funds holding
Funds holding: 185 → 208 (+23)
2.08% less ownership
Funds ownership: 91% → 88.92% (-2.1%)
Top Buyers
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$106M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$26.7M |
| 3 |
BlackRock
New York
|
+$21.8M |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$18.1M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.2M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$217M |
| 2 |
CAM
Contour Asset Management
New York
|
-$38.7M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$38.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$26.6M |
| 5 |
SCH
Sylebra Capital (HK)
Hong Kong
|
-$25.8M |
PAYC Hedge Fund Activity: Q2 2017 in Review
208 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q2 2017, worth a combined $3.52B — up 13% from $3.11B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new PAYC positions and 15 closed out — a net gain of 24 holders — while 92 added to existing stakes and 58 trimmed.
The largest buyer was Brown Capital Management, adding an estimated $106M. The largest seller was Fidelity Investments, cutting an estimated $217M.
- 208 institutional investors held Paycom (PAYC) as of Q2 2017, up from 185 in Q1 2017.
- Funds reported $3.52B of Paycom stock for Q2 2017, up 13% quarter-over-quarter.
- 39 funds opened new Paycom positions in Q2 2017 and 15 closed out, a net change of +24 holders.
- The largest Paycom buyer in Q2 2017 was Brown Capital Management, an estimated $106M added.
- The largest Paycom seller in Q2 2017 was Fidelity Investments, an estimated $217M sold.
Based on aggregated 13F filings for Q2 2017.