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Paylocity

435 hedge funds and large institutions have $7.26B invested in Paylocity in 2023 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 154 increasing their positions, 160 reducing their positions, and 73 closing their positions.

New
Increased
Maintained
Reduced
Closed

112% more call options, than puts

Call options by funds: $113M | Put options by funds: $53.2M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

2.76% more ownership

Funds ownership: 75.65%78.42% (+2.8%)

4% less repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 160

8% less first-time investments, than exits

New positions opened: 67 | Existing positions closed: 73

2% less funds holding

Funds holding: 445435 (-10)

6% less capital invested

Capital invested by funds: $7.71B → $7.26B (-$445M)

Holders
435
Holders Change
-10
Holders Change %
-2.25%
% of All Funds
6.34%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
67
Increased
154
Reduced
160
Closed
73
Calls
$113M
Puts
$53.2M
Net Calls
+$59.5M
Net Calls Change
-$34.8M
Name Holding Trade Value Shares
Change
Change in
Stake
N
26
Nuveen
North Carolina
$44.5M -$1.11M -6,591 -2%
Charles Schwab
27
Charles Schwab
California
$44M +$1.59M +9,452 +4%
Squarepoint
28
Squarepoint
New York
$40.4M +$3.38M +20,062 +9%
Fidelity Investments
29
Fidelity Investments
Massachusetts
$38.1M -$649K -3,853 -2%
Deutsche Bank
30
Deutsche Bank
Germany
$37.9M +$18M +106,960 +87%
TD Asset Management
31
TD Asset Management
Ontario, Canada
$36.6M -$4.28M -25,407 -10%
Alkeon Capital Management
32
Alkeon Capital Management
New York
$36.1M -$16.9M -100,279 -31%
Caisse de Depot et Placement du Quebec (CDPQ)
33
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$35.1M +$35.9M +212,998 New
Dimensional Fund Advisors
34
Dimensional Fund Advisors
Texas
$34.4M +$2.01M +11,962 +6%
Qube Research & Technologies (QRT)
35
Qube Research & Technologies (QRT)
United Kingdom
$32.9M +$3.63M +21,535 +12%
SEI Investments
36
SEI Investments
Pennsylvania
$31.7M +$6.5M +38,613 +25%
UBS AM
37
UBS AM
Illinois
$29.3M +$1.92M +11,401 +7%
Axa
38
Axa
France
$29.2M +$2.54M +15,099 +9%
ONPI
39
Owls Nest Partners IA
Pennsylvania
$29M +$29.7M +176,148 New
Principal Financial Group
40
Principal Financial Group
Iowa
$27M +$8.42K +50 +0%
Swedbank
41
Swedbank
Sweden
$26.4M -$6.48M -38,512 -19%
Lord, Abbett & Co
42
Lord, Abbett & Co
New Jersey
$23.8M +$9.53M +56,611 +64%
Swiss National Bank
43
Swiss National Bank
Switzerland
$23.2M -$522K -3,100 -2%
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$23.2M -$1.09M -6,475 -4%
American Century Companies
45
American Century Companies
Missouri
$22.8M -$35.9M -213,104 -61%
ZCI
46
Zevenbergen Capital Investments
Washington
$22.8M -$10.5M -62,193 -31%
JP Morgan Chase
47
JP Morgan Chase
New York
$22.6M +$1.8M +10,679 +8%
First Trust Advisors
48
First Trust Advisors
Illinois
$22.2M +$6.06M +36,021 +36%
William Blair & Company
49
William Blair & Company
Illinois
$22.2M -$1.12M -6,679 -5%
Legal & General Group
50
Legal & General Group
United Kingdom
$21.8M -$2.25M -13,350 -9%

PCTY Hedge Fund Activity: Q4 2023 in Review

435 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q4 2023, worth a combined $7.26B — down 5.8% from $7.71B a quarter earlier.

Sellers outnumbered buyers: 73 funds closed out of PCTY and 67 opened new positions — a net loss of 6 holders — while 160 trimmed existing stakes and 154 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $169M. The largest seller was Echo Street Capital Management, exiting entirely with an estimated $197M sold.

  • 435 institutional investors held Paylocity (PCTY) as of Q4 2023, down from 445 in Q3 2023.
  • Funds reported $7.26B of Paylocity stock for Q4 2023, down 5.8% quarter-over-quarter.
  • 67 funds opened new Paylocity positions in Q4 2023 and 73 closed out, a net change of -6 holders.
  • The largest Paylocity buyer in Q4 2023 was T. Rowe Price Associates, an estimated $169M added.
  • The largest Paylocity seller in Q4 2023 was Echo Street Capital Management, an estimated $197M sold.

Based on aggregated 13F filings for Q4 2023.