Paylocity
PCTY
126 hedge funds and large institutions have $1.25B invested in Paylocity in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 45 reducing their positions, and 24 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
66% more call options, than puts
Call options by funds: $1.37M | Put options by funds: $829K
29% more capital invested
Capital invested by funds: $972M → $1.25B (+$279M)
0.09% less ownership
Funds ownership: 63.08% → 62.98% (-0.09%)
2% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 45
8% less funds holding
Funds holding: 137 → 126 (-11)
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$51M |
| 2 |
FAM
Fred Alger Management
New York
|
+$38.9M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$35.9M |
| 4 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$10.6M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$5.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$14.8M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$13.5M |
| 3 |
O
OppenheimerFunds
New York
|
-$10.6M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$9.59M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.46M |
PCTY Hedge Fund Activity: Q1 2017 in Review
126 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q1 2017, worth a combined $1.25B — up 29% from $972M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of PCTY and 20 opened new positions — a net loss of 4 holders — while 45 trimmed existing stakes and 44 added.
The largest buyer was BlackRock, adding an estimated $51M. The largest seller was Franklin Resources, cutting an estimated $14.8M.
- 126 institutional investors held Paylocity (PCTY) as of Q1 2017, down from 137 in Q4 2016.
- Funds reported $1.25B of Paylocity stock for Q1 2017, up 29% quarter-over-quarter.
- 20 funds opened new Paylocity positions in Q1 2017 and 24 closed out, a net change of -4 holders.
- The largest Paylocity buyer in Q1 2017 was BlackRock, an estimated $51M added.
- The largest Paylocity seller in Q1 2017 was Franklin Resources, an estimated $14.8M sold.
Based on aggregated 13F filings for Q1 2017.