Paylocity
PCTY
188 hedge funds and large institutions have $2.08B invested in Paylocity in 2018 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 82 increasing their positions, 48 reducing their positions, and 44 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
71% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 48
0.95% more ownership
Funds ownership: 64.35% → 65.3% (+0.95%)
8% less funds holding
Funds holding: 204 → 188 (-16)
24% less capital invested
Capital invested by funds: $2.73B → $2.08B (-$651M)
36% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 44
Top Buyers
| 1 |
CCA
Conestoga Capital Advisors
Wayne,
Pennsylvania
|
+$37.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$25.8M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$20M |
| 4 |
O
OppenheimerFunds
New York
|
+$17.2M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$13.6M |
Top Sellers
| 1 |
Marshall Wace
London,
United Kingdom
|
-$29.8M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$15.1M |
| 3 |
CCM
Clearfield Capital Management
New York
|
-$14.5M |
| 4 |
TCM
Thames Capital Management
Roseland,
New Jersey
|
-$11.9M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$11.5M |
PCTY Hedge Fund Activity: Q4 2018 in Review
188 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q4 2018, worth a combined $2.08B — down 24% from $2.73B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of PCTY and 28 opened new positions — a net loss of 16 holders — while 48 trimmed existing stakes and 82 added.
The largest buyer was Conestoga Capital Advisors, opening a new position worth an estimated $37.3M. The largest seller was Marshall Wace, cutting an estimated $29.8M.
- 188 institutional investors held Paylocity (PCTY) as of Q4 2018, down from 204 in Q3 2018.
- Funds reported $2.08B of Paylocity stock for Q4 2018, down 24% quarter-over-quarter.
- 28 funds opened new Paylocity positions in Q4 2018 and 44 closed out, a net change of -16 holders.
- The largest Paylocity buyer in Q4 2018 was Conestoga Capital Advisors, an estimated $37.3M added.
- The largest Paylocity seller in Q4 2018 was Marshall Wace, an estimated $29.8M sold.
Based on aggregated 13F filings for Q4 2018.