Paylocity
PCTY
443 hedge funds and large institutions have $8.45B invested in Paylocity in 2023 Q1 according to their latest regulatory filings, with 48 funds opening new positions, 172 increasing their positions, 154 reducing their positions, and 40 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 40
12% more repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 154
6% more capital invested
Capital invested by funds: $7.97B → $8.45B (+$482M)
1.96% more ownership
Funds ownership: 74.05% → 76.01% (+2%)
1% more funds holding
Funds holding: 439 → 443 (+4)
51% less call options, than puts
Call options by funds: $13.3M | Put options by funds: $27.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$118M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
+$68.1M |
| 3 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
+$54.3M |
| 4 |
Millennium Management
New York
|
+$46.4M |
| 5 |
Swedbank
Stockholm,
Sweden
|
+$43.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$136M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$105M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$57.3M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$56.9M |
| 5 |
Goldman Sachs
New York
|
-$51.6M |
PCTY Hedge Fund Activity: Q1 2023 in Review
443 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q1 2023, worth a combined $8.45B — up 6% from $7.97B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PCTY positions and 40 closed out — a net gain of 8 holders — while 172 added to existing stakes and 154 trimmed.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $118M. The largest seller was Invesco, cutting an estimated $136M.
- 443 institutional investors held Paylocity (PCTY) as of Q1 2023, up from 439 in Q4 2022.
- Funds reported $8.45B of Paylocity stock for Q1 2023, up 6% quarter-over-quarter.
- 48 funds opened new Paylocity positions in Q1 2023 and 40 closed out, a net change of +8 holders.
- The largest Paylocity buyer in Q1 2023 was T. Rowe Price Investment Management, an estimated $118M added.
- The largest Paylocity seller in Q1 2023 was Invesco, an estimated $136M sold.
Based on aggregated 13F filings for Q1 2023.