Paylocity
PCTY
149 hedge funds and large institutions have $1.42B invested in Paylocity in 2017 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 48 increasing their positions, 44 reducing their positions, and 13 closing their positions.
185% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 13
18% more funds holding
Funds holding: 126 → 149 (+23)
14% more capital invested
Capital invested by funds: $1.25B → $1.42B (+$172M)
9% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 44
1.82% less ownership
Funds ownership: 62.98% → 61.16% (-1.8%)
63% less call options, than puts
Call options by funds: $1.19M | Put options by funds: $3.25M
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$28.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$14.1M |
| 3 |
BlackRock
New York
|
+$12.3M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$9.8M |
| 5 |
Millennium Management
New York
|
+$8.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$29.5M |
| 2 |
FAM
Fred Alger Management
New York
|
-$14.2M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$13.1M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$10.3M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.39M |
PCTY Hedge Fund Activity: Q2 2017 in Review
149 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q2 2017, worth a combined $1.42B — up 14% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new PCTY positions and 13 closed out — a net gain of 24 holders — while 48 added to existing stakes and 44 trimmed.
The largest buyer was Janus Henderson Group, opening a new position worth an estimated $28.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $29.5M.
- 149 institutional investors held Paylocity (PCTY) as of Q2 2017, up from 126 in Q1 2017.
- Funds reported $1.42B of Paylocity stock for Q2 2017, up 14% quarter-over-quarter.
- 37 funds opened new Paylocity positions in Q2 2017 and 13 closed out, a net change of +24 holders.
- The largest Paylocity buyer in Q2 2017 was Janus Henderson Group, an estimated $28.1M added.
- The largest Paylocity seller in Q2 2017 was T. Rowe Price Associates, an estimated $29.5M sold.
Based on aggregated 13F filings for Q2 2017.