Paylocity
PCTY
387 hedge funds and large institutions have $10B invested in Paylocity in 2022 Q3 according to their latest regulatory filings, with 80 funds opening new positions, 135 increasing their positions, 129 reducing their positions, and 28 closing their positions.
186% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 28
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
43% more capital invested
Capital invested by funds: $7B → $10B (+$3.01B)
36% more call options, than puts
Call options by funds: $40.3M | Put options by funds: $29.6M
13% more funds holding
Funds holding: 341 → 387 (+46)
2.18% more ownership
Funds ownership: 72.85% → 75.03% (+2.2%)
5% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 129
Top Buyers
| 1 |
Janus Henderson Group
London,
United Kingdom
|
+$114M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$85.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$56.2M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$46.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$39.5M |
Top Sellers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$466M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$62.4M |
| 3 |
FAM
Fred Alger Management
New York
|
-$37.4M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$31.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
401
Castle Wealth Management
West Palm Beach,
Florida
| – | -$37K | -212 | Closed |
|
|
UB
402
UMB Bank
Kansas City,
Missouri
| – | -$13K | -73 | Closed |
|
|
WPA
403
West Paces Advisors
Atlanta,
Georgia
| – | -$4.36K | -25 | Closed |
|
|
SFG
404
Steward Financial Group
Colleyville,
Texas
| – | -$2K | -14 | Closed |
|
|
WT
405
Whittier Trust
South Pasadena,
California
| – | -$2K | -14 | Closed |
|
|
FF
406
FourThought Financial
Venice,
Florida
| – | -$2K | -11 | Closed |
|
|
PMFA
407
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$1K | -8 | Closed |
|
|
SBL
408
Sargent Bickham Lagudis
Boulder,
Colorado
| – | -$1K | -7 | Closed |
|
|
BC
409
Burleson & Co
Petaluma,
California
| – | -$1K | -5 | Closed |
|
410
Jones Financial Companies
Des Peres,
Missouri
| – | -$1K | -3 | Closed |
|
|
SIC
411
SJS Investment Consulting
Sylvania,
Ohio
| – | +$230 | +1 | New |
|
|
TWA
412
TCI Wealth Advisors
Tucson,
Arizona
| – | +$230 | +1 | New |
|
|
FMP
413
Financial Management Professionals
Austin,
Texas
| – | +$459 | +2 | New |
|
PCTY Hedge Fund Activity: Q3 2022 in Review
387 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q3 2022, worth a combined $10B — up 43% from $7B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new PCTY positions and 28 closed out — a net gain of 52 holders — while 135 added to existing stakes and 129 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $114M. The largest seller was T. Rowe Price Associates, cutting an estimated $466M.
- 387 institutional investors held Paylocity (PCTY) as of Q3 2022, up from 341 in Q2 2022.
- Funds reported $10B of Paylocity stock for Q3 2022, up 43% quarter-over-quarter.
- 80 funds opened new Paylocity positions in Q3 2022 and 28 closed out, a net change of +52 holders.
- The largest Paylocity buyer in Q3 2022 was Janus Henderson Group, an estimated $114M added.
- The largest Paylocity seller in Q3 2022 was T. Rowe Price Associates, an estimated $466M sold.
Based on aggregated 13F filings for Q3 2022.