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Paycom

696 hedge funds and large institutions have $14.6B invested in Paycom in 2023 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 263 increasing their positions, 242 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 1012 (+2)

20% more first-time investments, than exits

New positions opened: 85 | Existing positions closed: 71

5% more capital invested

Capital invested by funds: $13.9B → $14.6B (+$698M)

1% more funds holding

Funds holding: 686696 (+10)

9% more repeat investments, than reductions

Existing positions increased: 263 | Existing positions reduced: 242

0.07% more ownership

Funds ownership: 75.25%75.32% (+0.07%)

13% less call options, than puts

Call options by funds: $199M | Put options by funds: $228M

Holders
696
Holders Change
+10
Holders Change %
+1.46%
% of All Funds
10.93%
Holding in Top 10
12
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+20%
% of All Funds
0.19%
New
85
Increased
263
Reduced
242
Closed
71
Calls
$199M
Puts
$228M
Net Calls
-$29.1M
Net Calls Change
-$42M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.85B -$10.9M -37,055 -0.6%
BlackRock
2
BlackRock
New York
$1.37B -$52M -176,286 -4%
AllianceBernstein
3
AllianceBernstein
Tennessee
$689M +$236M +801,539 +60%
State Street
4
State Street
Massachusetts
$609M -$4.17M -14,138 -0.7%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$549M +$23M +78,159 +5%
Franklin Resources
6
Franklin Resources
California
$370M +$17.2M +58,218 +5%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$365M +$11.4M +38,781 +4%
Morgan Stanley
8
Morgan Stanley
New York
$348M -$2.41M -8,164 -0.7%
ESCM
9
Echo Street Capital Management
New York
$347M +$128M +434,467 +67%
BCM
10
Brown Capital Management
Maryland
$324M +$8.63M +29,276 +3%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$312M -$12.8M -43,261 -4%
American Century Companies
12
American Century Companies
Missouri
$308M +$26M +88,070 +10%
T. Rowe Price Associates
13
T. Rowe Price Associates
Maryland
$245M +$53.4M +181,100 +31%
LWCFA
14
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$229M +$6.13M +20,785 +3%
Macquarie Group
15
Macquarie Group
Australia
$217M +$1.84M +6,256 +0.9%
CAM
16
Congress Asset Management
Massachusetts
$181M -$1.35M -4,591 -0.8%
Holocene Advisors
17
Holocene Advisors
New York
$167M +$84.2M +285,640 +122%
Northern Trust
18
Northern Trust
Illinois
$167M +$9.78M +33,166 +7%
Millennium Management
19
Millennium Management
New York
$148M +$39.7M +134,492 +41%
RP
20
Riverbridge Partners
Minnesota
$135M +$6.36M +21,565 +5%
Kayne Anderson Rudnick Investment Management
21
Kayne Anderson Rudnick Investment Management
California
$130M -$2.06M -6,985 -2%
Invesco
22
Invesco
Georgia
$127M -$48.2M -163,430 -29%
Renaissance Technologies
23
Renaissance Technologies
New York
$126M +$41.8M +141,900 +57%
Bank of New York Mellon
24
Bank of New York Mellon
New York
$125M +$781K +2,648 +0.7%
Ameriprise
25
Ameriprise
Minnesota
$110M -$37.6M -127,647 -27%

PAYC Hedge Fund Activity: Q2 2023 in Review

696 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Paycom (PAYC) for Q2 2023, worth a combined $14.6B — up 5% from $13.9B a quarter earlier.

Buyers outnumbered sellers: 85 funds opened new PAYC positions and 71 closed out — a net gain of 14 holders — while 263 added to existing stakes and 242 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $236M. The largest seller was Amundi, cutting an estimated $131M.

  • 696 institutional investors held Paycom (PAYC) as of Q2 2023, up from 686 in Q1 2023.
  • Funds reported $14.6B of Paycom stock for Q2 2023, up 5% quarter-over-quarter.
  • 85 funds opened new Paycom positions in Q2 2023 and 71 closed out, a net change of +14 holders.
  • The largest Paycom buyer in Q2 2023 was AllianceBernstein, an estimated $236M added.
  • The largest Paycom seller in Q2 2023 was Amundi, an estimated $131M sold.

Based on aggregated 13F filings for Q2 2023.