Paylocity
PCTY
150 hedge funds and large institutions have $1.53B invested in Paylocity in 2017 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 58 increasing their positions, 43 reducing their positions, and 21 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 43
14% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 21
8% more capital invested
Capital invested by funds: $1.42B → $1.53B (+$110M)
1% more funds holding
Funds holding: 149 → 150 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.49% less ownership
Funds ownership: 61.16% → 60.67% (-0.49%)
53% less call options, than puts
Call options by funds: $612K | Put options by funds: $1.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$36.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$24.5M |
| 3 |
FAM
Fred Alger Management
New York
|
+$11.3M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$10.4M |
| 5 |
Millennium Management
New York
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASP
Adams Street Partners
Chicago,
Illinois
|
-$53.6M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$51M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$30M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$20.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$10.2M |
PCTY Hedge Fund Activity: Q3 2017 in Review
150 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q3 2017, worth a combined $1.53B — up 7.7% from $1.42B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PCTY positions and 21 closed out — a net gain of 3 holders — while 58 added to existing stakes and 43 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $36.4M. The largest seller was Adams Street Partners, cutting an estimated $53.6M.
- 150 institutional investors held Paylocity (PCTY) as of Q3 2017, up from 149 in Q2 2017.
- Funds reported $1.53B of Paylocity stock for Q3 2017, up 7.7% quarter-over-quarter.
- 24 funds opened new Paylocity positions in Q3 2017 and 21 closed out, a net change of +3 holders.
- The largest Paylocity buyer in Q3 2017 was Wellington Management Group, an estimated $36.4M added.
- The largest Paylocity seller in Q3 2017 was Adams Street Partners, an estimated $53.6M sold.
Based on aggregated 13F filings for Q3 2017.