Paylocity
PCTY
63 hedge funds and large institutions have $186M invested in Paylocity in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 9 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
17% more call options, than puts
Call options by funds: $42K | Put options by funds: $36K
6% less capital invested
Capital invested by funds: $197M → $186M (-$11.3M)
7% less funds holding
Funds holding: 68 → 63 (-5)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$6.95M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$4.43M |
| 3 |
O
OppenheimerFunds
New York
|
+$2.28M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.52M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$4M |
| 2 |
Morgan Stanley
New York
|
-$2.89M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$2.64M |
| 4 |
Jane Street
New York
|
-$951K |
| 5 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$828K |
PCTY Hedge Fund Activity: Q3 2014 in Review
63 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q3 2014, worth a combined $186M — down 5.7% from $197M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of PCTY and 5 opened new positions — a net loss of 4 holders — while 24 trimmed existing stakes and 30 added.
The largest buyer was Lord, Abbett & Co, adding an estimated $6.95M. The largest seller was Janus Henderson Investors US, cutting an estimated $4M.
- 63 institutional investors held Paylocity (PCTY) as of Q3 2014, down from 68 in Q2 2014.
- Funds reported $186M of Paylocity stock for Q3 2014, down 5.7% quarter-over-quarter.
- 5 funds opened new Paylocity positions in Q3 2014 and 9 closed out, a net change of -4 holders.
- The largest Paylocity buyer in Q3 2014 was Lord, Abbett & Co, an estimated $6.95M added.
- The largest Paylocity seller in Q3 2014 was Janus Henderson Investors US, an estimated $4M sold.
Based on aggregated 13F filings for Q3 2014.