Paylocity
PCTY
137 hedge funds and large institutions have $972M invested in Paylocity in 2016 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 58 increasing their positions, 33 reducing their positions, and 28 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 33
63.08% more ownership
Funds ownership: 0% → 63.08% (+63%)
14% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 28
2% more funds holding
Funds holding: 134 → 137 (+3)
33% less capital invested
Capital invested by funds: $1.44B → $972M (-$470M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
64% less call options, than puts
Call options by funds: $482K | Put options by funds: $1.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$23.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$22.6M |
| 3 |
SC
ShearLink Capital
New York
|
+$15.4M |
| 4 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$12.9M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$12.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$66.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$47.8M |
| 3 |
O
OppenheimerFunds
New York
|
-$44.6M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$23.5M |
| 5 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$14.9M |
PCTY Hedge Fund Activity: Q4 2016 in Review
137 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q4 2016, worth a combined $972M — down 33% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new PCTY positions and 28 closed out — a net gain of 4 holders — while 58 added to existing stakes and 33 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $23.4M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $66.8M sold.
- 137 institutional investors held Paylocity (PCTY) as of Q4 2016, up from 134 in Q3 2016.
- Funds reported $972M of Paylocity stock for Q4 2016, down 33% quarter-over-quarter.
- 32 funds opened new Paylocity positions in Q4 2016 and 28 closed out, a net change of +4 holders.
- The largest Paylocity buyer in Q4 2016 was T. Rowe Price Associates, an estimated $23.4M added.
- The largest Paylocity seller in Q4 2016 was Lord, Abbett & Co, an estimated $66.8M sold.
Based on aggregated 13F filings for Q4 2016.