Paylocity
PCTY
170 hedge funds and large institutions have $2.04B invested in Paylocity in 2018 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 71 increasing their positions, 54 reducing their positions, and 20 closing their positions.
532% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $1.86M
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
31% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 54
19% more capital invested
Capital invested by funds: $1.71B → $2.04B (+$321M)
4% more funds holding
Funds holding: 163 → 170 (+7)
2.06% more ownership
Funds ownership: 63.61% → 65.67% (+2.1%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$39.5M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$24.9M |
| 3 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$20.1M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$15.9M |
| 5 |
BlackRock
New York
|
+$15.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$23M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$17.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$17.9M |
| 4 |
ASP
Adams Street Partners
Chicago,
Illinois
|
-$14.3M |
| 5 |
Millennium Management
New York
|
-$11.1M |
PCTY Hedge Fund Activity: Q2 2018 in Review
170 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q2 2018, worth a combined $2.04B — up 19% from $1.71B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PCTY positions and 20 closed out — a net gain of 8 holders — while 71 added to existing stakes and 54 trimmed.
The largest buyer was TimesSquare Capital Management, adding an estimated $39.5M. The largest seller was Artisan Partners, cutting an estimated $23M.
- 170 institutional investors held Paylocity (PCTY) as of Q2 2018, up from 163 in Q1 2018.
- Funds reported $2.04B of Paylocity stock for Q2 2018, up 19% quarter-over-quarter.
- 28 funds opened new Paylocity positions in Q2 2018 and 20 closed out, a net change of +8 holders.
- The largest Paylocity buyer in Q2 2018 was TimesSquare Capital Management, an estimated $39.5M added.
- The largest Paylocity seller in Q2 2018 was Artisan Partners, an estimated $23M sold.
Based on aggregated 13F filings for Q2 2018.