Paycom
PAYC
593 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, 195 increasing their positions, 223 reducing their positions, and 60 closing their positions.
87% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 60
50% more capital invested
Capital invested by funds: $9.01B → $13.5B (+$4.53B)
9% more funds holding
Funds holding: 545 → 593 (+48)
0.4% more ownership
Funds ownership: 75.79% → 76.19% (+0.4%)
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: 195 | Existing positions reduced: 223
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$250M |
| 2 |
BlackRock
New York
|
+$132M |
| 3 |
SoftBank Group
Tokyo,
Japan
|
+$86.3M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$74.5M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$41.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$188M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$156M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$96.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$87M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$59.5M |
PAYC Hedge Fund Activity: Q2 2020 in Review
593 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q2 2020, worth a combined $13.5B — up 50% from $9.01B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new PAYC positions and 60 closed out — a net gain of 52 holders — while 195 added to existing stakes and 223 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.
- 593 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 60 closed out, a net change of +52 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.