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345 hedge funds and large institutions have $7.09B invested in Paycom in 2018 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 96 increasing their positions, 130 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 46

50% more funds holding in top 10

Funds holding in top 10: 69 (+3)

46% more capital invested

Capital invested by funds: $4.84B → $7.09B (+$2.25B)

34% more call options, than puts

Call options by funds: $91.3M | Put options by funds: $67.9M

7% more funds holding

Funds holding: 322345 (+23)

5.2% less ownership

Funds ownership: 83.04%77.84% (-5.2%)

26% less repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 130

Holders
345
Holders Change
+23
Holders Change %
+7.14%
% of All Funds
7.89%
Holding in Top 10
9
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+50%
% of All Funds
0.21%
New
72
Increased
96
Reduced
130
Closed
46
Calls
$91.3M
Puts
$67.9M
Net Calls
+$23.4M
Net Calls Change
+$58.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$676M +$12.5M +93,152 +2%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$675M -$55.2M -409,760 -9%
BCM
3
Brown Capital Management
Maryland
$622M -$42.1M -312,663 -7%
Capital International Investors
4
Capital International Investors
California
$489M +$423M +3,143,946 New
Capital World Investors
5
Capital World Investors
California
$483M -$459M -3,413,046 -52%
BlackRock
6
BlackRock
New York
$340M +$1.82M +13,558 +0.6%
Capital Research Global Investors
7
Capital Research Global Investors
California
$260M -$5.12K -38 -0%
JP Morgan Chase
8
JP Morgan Chase
New York
$201M -$37.1M -275,756 -18%
Kayne Anderson Rudnick Investment Management
9
Kayne Anderson Rudnick Investment Management
California
$177M +$2.67M +19,872 +2%
Allianz Asset Management
10
Allianz Asset Management
Germany
$166M +$19M +141,460 +15%
LWCFA
11
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$137M +$8.42M +62,585 +8%
JSP
12
Jackson Square Partners
California
$130M -$30.8M -228,910 -22%
CAM
13
Congress Asset Management
Massachusetts
$122M -$1.9M -14,121 -2%
Goldman Sachs
14
Goldman Sachs
New York
$119M +$28.6M +212,438 +38%
New York State Common Retirement Fund
15
New York State Common Retirement Fund
New York
$97.3M -$11.7M -86,943 -12%
State Street
16
State Street
Massachusetts
$96.3M +$1.44M +10,692 +2%
EVM
17
Eaton Vance Management
Massachusetts
$88.8M +$69.7K +518 +0.1%
Janus Henderson Group
18
Janus Henderson Group
United Kingdom
$87.9M -$4.33M -32,193 -5%
Geode Capital Management
19
Geode Capital Management
Massachusetts
$74.7M +$2.01M +14,953 +3%
Millennium Management
20
Millennium Management
New York
$73.2M +$1.13M +8,390 +2%
WRF
21
Waddell & Reed Financial
Kansas
$68.8M -$9.9M -73,537 -14%
RP
22
Riverbridge Partners
Minnesota
$68.2M -$967K -7,186 -2%
Dimensional Fund Advisors
23
Dimensional Fund Advisors
Texas
$67.3M -$23M -170,996 -28%
Jennison Associates
24
Jennison Associates
New York
$65.9M -$48.7M -361,969 -46%
Bank of America
25
Bank of America
North Carolina
$64.9M +$5.25M +39,030 +10%

PAYC Hedge Fund Activity: Q3 2018 in Review

345 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q3 2018, worth a combined $7.09B — up 46% from $4.84B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new PAYC positions and 46 closed out — a net gain of 26 holders — while 96 added to existing stakes and 130 trimmed.

The largest buyer was Capital International Investors, opening a new position worth an estimated $423M. The largest seller was Capital World Investors, cutting an estimated $459M.

  • 345 institutional investors held Paycom (PAYC) as of Q3 2018, up from 322 in Q2 2018.
  • Funds reported $7.09B of Paycom stock for Q3 2018, up 46% quarter-over-quarter.
  • 72 funds opened new Paycom positions in Q3 2018 and 46 closed out, a net change of +26 holders.
  • The largest Paycom buyer in Q3 2018 was Capital International Investors, an estimated $423M added.
  • The largest Paycom seller in Q3 2018 was Capital World Investors, an estimated $459M sold.

Based on aggregated 13F filings for Q3 2018.