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Paycom

592 hedge funds and large institutions have $13.5B invested in Paycom in 2020 Q2 according to their latest regulatory filings, with 112 funds opening new positions, 194 increasing their positions, 224 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more first-time investments, than exits

New positions opened: 112 | Existing positions closed: 61

50% more capital invested

Capital invested by funds: $9.05B → $13.5B (+$4.49B)

9% more funds holding

Funds holding: 545592 (+47)

0.06% less ownership

Funds ownership: 76.26%76.21% (-0.06%)

2% less call options, than puts

Call options by funds: $380M | Put options by funds: $390M

13% less repeat investments, than reductions

Existing positions increased: 194 | Existing positions reduced: 224

20% less funds holding in top 10

Funds holding in top 10: 1512 (-3)

Holders
592
Holders Change
+47
Holders Change %
+8.62%
% of All Funds
12.14%
Holding in Top 10
12
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-20%
% of All Funds
0.25%
New
112
Increased
194
Reduced
224
Closed
61
Calls
$380M
Puts
$390M
Net Calls
-$9.61M
Net Calls Change
-$25.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.8B -$59.5M -223,486 -4%
BlackRock
2
BlackRock
New York
$1.51B +$132M +495,993 +11%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$1.22B -$13.8M -52,011 -1%
State Street
4
State Street
Massachusetts
$618M +$10.1M +38,052 +2%
BCM
5
Brown Capital Management
Maryland
$553M -$823K -3,093 -0.2%
Kayne Anderson Rudnick Investment Management
6
Kayne Anderson Rudnick Investment Management
California
$352M -$188M -705,972 -38%
Capital World Investors
7
Capital World Investors
California
$340M -$42.6M -159,900 -13%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$323M -$156M -584,528 -36%
JSP
9
Jackson Square Partners
California
$292M +$250M +940,426 +54,172%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$277M -$26.4M -99,083 -10%
LWCFA
11
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$262M -$5.07M -19,056 -2%
AllianceBernstein
12
AllianceBernstein
Tennessee
$222M -$39.7M -149,136 -17%
Capital Research Global Investors
13
Capital Research Global Investors
California
$186M +$17.6K +66 +0%
CAM
14
Congress Asset Management
Massachusetts
$184M -$1.98M -7,442 -1%
EVM
15
Eaton Vance Management
Massachusetts
$181M +$1.14M +4,266 +0.7%
Invesco
16
Invesco
Georgia
$181M -$4.52M -16,972 -3%
Goldman Sachs
17
Goldman Sachs
New York
$177M -$21.9M -82,308 -13%
Northern Trust
18
Northern Trust
Illinois
$167M +$479K +1,799 +0.3%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$122M +$9.65M +36,250 +10%
Norges Bank
20
Norges Bank
Norway
$119M -$25.4M -95,520 -20%
RP
21
Riverbridge Partners
Minnesota
$117M +$3.63M +13,629 +4%
FAM
22
Fred Alger Management
New York
$115M -$12.7M -47,807 -11%
New York State Common Retirement Fund
23
New York State Common Retirement Fund
New York
$112M -$2.79M -10,480 -3%
Allianz Asset Management
24
Allianz Asset Management
Germany
$109M -$96.6M -363,010 -51%
Macquarie Group
25
Macquarie Group
Australia
$107M +$74.5M +279,857 +424%

PAYC Hedge Fund Activity: Q2 2020 in Review

592 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q2 2020, worth a combined $13.5B — up 50% from $9.05B a quarter earlier.

Buyers outnumbered sellers: 112 funds opened new PAYC positions and 61 closed out — a net gain of 51 holders — while 194 added to existing stakes and 224 trimmed.

The largest buyer was Jackson Square Partners, adding an estimated $250M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $188M.

  • 592 institutional investors held Paycom (PAYC) as of Q2 2020, up from 545 in Q1 2020.
  • Funds reported $13.5B of Paycom stock for Q2 2020, up 50% quarter-over-quarter.
  • 112 funds opened new Paycom positions in Q2 2020 and 61 closed out, a net change of +51 holders.
  • The largest Paycom buyer in Q2 2020 was Jackson Square Partners, an estimated $250M added.
  • The largest Paycom seller in Q2 2020 was Kayne Anderson Rudnick Investment Management, an estimated $188M sold.

Based on aggregated 13F filings for Q2 2020.