Paylocity
PCTY
458 hedge funds and large institutions have $5.72B invested in Paylocity in 2024 Q2 according to their latest regulatory filings, with 93 funds opening new positions, 157 increasing their positions, 142 reducing their positions, and 45 closing their positions.
107% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 45
11% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 142
10% more funds holding
Funds holding: 417 → 458 (+41)
3.38% less ownership
Funds ownership: 80.28% → 76.9% (-3.4%)
26% less capital invested
Capital invested by funds: $7.77B → $5.72B (-$2.05B)
47% less call options, than puts
Call options by funds: $18.8M | Put options by funds: $35.6M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$42.3M |
| 2 |
Millennium Management
New York
|
+$41.7M |
| 3 |
Man Group
London,
United Kingdom
|
+$38.6M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$27.6M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$457M |
| 2 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$123M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$104M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$79.3M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$46.9M |
PCTY Hedge Fund Activity: Q2 2024 in Review
458 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q2 2024, worth a combined $5.72B — down 26% from $7.77B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new PCTY positions and 45 closed out — a net gain of 48 holders — while 157 added to existing stakes and 142 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $42.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $457M.
- 458 institutional investors held Paylocity (PCTY) as of Q2 2024, up from 417 in Q1 2024.
- Funds reported $5.72B of Paylocity stock for Q2 2024, down 26% quarter-over-quarter.
- 93 funds opened new Paylocity positions in Q2 2024 and 45 closed out, a net change of +48 holders.
- The largest Paylocity buyer in Q2 2024 was JP Morgan Chase, an estimated $42.3M added.
- The largest Paylocity seller in Q2 2024 was T. Rowe Price Associates, an estimated $457M sold.
Based on aggregated 13F filings for Q2 2024.