Paylocity
PCTY
82 hedge funds and large institutions have $727M invested in Paylocity in 2015 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 37 increasing their positions, 23 reducing their positions, and 18 closing their positions.
1,983% more call options, than puts
Call options by funds: $1.13M | Put options by funds: $54K
95% more capital invested
Capital invested by funds: $374M → $727M (+$353M)
61% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 23
5% less funds holding
Funds holding: 86 → 82 (-4)
22% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$13.7M |
| 2 |
Millennium Management
New York
|
+$12M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$11.8M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$7.87M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$6.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$12.3M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.28M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$6.76M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.71M |
| 5 |
CCM
Cupps Capital Management
Chicago,
Illinois
|
-$5.32M |
PCTY Hedge Fund Activity: Q1 2015 in Review
82 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q1 2015, worth a combined $727M — up 95% from $374M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of PCTY and 14 opened new positions — a net loss of 4 holders — while 23 trimmed existing stakes and 37 added.
The largest buyer was Lord, Abbett & Co, adding an estimated $13.7M. The largest seller was Cramer Rosenthal McGlynn, exiting entirely with an estimated $12.3M sold.
- 82 institutional investors held Paylocity (PCTY) as of Q1 2015, down from 86 in Q4 2014.
- Funds reported $727M of Paylocity stock for Q1 2015, up 95% quarter-over-quarter.
- 14 funds opened new Paylocity positions in Q1 2015 and 18 closed out, a net change of -4 holders.
- The largest Paylocity buyer in Q1 2015 was Lord, Abbett & Co, an estimated $13.7M added.
- The largest Paylocity seller in Q1 2015 was Cramer Rosenthal McGlynn, an estimated $12.3M sold.
Based on aggregated 13F filings for Q1 2015.