Paylocity
PCTY
68 hedge funds and large institutions have $197M invested in Paylocity in 2014 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 3 closing their positions.
1,900% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 3
1,336% more call options, than puts
Call options by funds: $316K | Put options by funds: $22K
518% more funds holding
Funds holding: 11 → 68 (+57)
291% more capital invested
Capital invested by funds: $50.4M → $197M (+$147M)
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$36.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$18.4M |
| 3 |
RA
Royce & Associates
New York
|
+$13.6M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$9.55M |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$9.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$26.1M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.73M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$770K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$229K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$26K |
PCTY Hedge Fund Activity: Q2 2014 in Review
68 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q2 2014, worth a combined $197M — up 291% from $50.4M a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new PCTY positions and 3 closed out — a net gain of 57 holders — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Wells Fargo, opening a new position worth an estimated $36.2M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $26.1M sold.
- 68 institutional investors held Paylocity (PCTY) as of Q2 2014, up from 11 in Q1 2014.
- Funds reported $197M of Paylocity stock for Q2 2014, up 291% quarter-over-quarter.
- 60 funds opened new Paylocity positions in Q2 2014 and 3 closed out, a net change of +57 holders.
- The largest Paylocity buyer in Q2 2014 was Wells Fargo, an estimated $36.2M added.
- The largest Paylocity seller in Q2 2014 was TimesSquare Capital Management, an estimated $26.1M sold.
Based on aggregated 13F filings for Q2 2014.