Paylocity
PCTY
225 hedge funds and large institutions have $3.06B invested in Paylocity in 2019 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 74 increasing their positions, 71 reducing their positions, and 15 closing their positions.
260% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 15
47% more capital invested
Capital invested by funds: $2.08B → $3.06B (+$985M)
44% more call options, than puts
Call options by funds: $6.23M | Put options by funds: $4.33M
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
20% more funds holding
Funds holding: 188 → 225 (+37)
4% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 71
0.44% less ownership
Funds ownership: 65.3% → 64.86% (-0.44%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$30.9M |
| 2 |
BlackRock
New York
|
+$15.3M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$13.3M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$11.8M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASP
Adams Street Partners
Chicago,
Illinois
|
-$43.4M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$25.9M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$23M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
-$13.9M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$12.2M |
PCTY Hedge Fund Activity: Q1 2019 in Review
225 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q1 2019, worth a combined $3.06B — up 47% from $2.08B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new PCTY positions and 15 closed out — a net gain of 39 holders — while 74 added to existing stakes and 71 trimmed.
The largest buyer was Macquarie Group, opening a new position worth an estimated $30.9M. The largest seller was Adams Street Partners, cutting an estimated $43.4M.
- 225 institutional investors held Paylocity (PCTY) as of Q1 2019, up from 188 in Q4 2018.
- Funds reported $3.06B of Paylocity stock for Q1 2019, up 47% quarter-over-quarter.
- 54 funds opened new Paylocity positions in Q1 2019 and 15 closed out, a net change of +39 holders.
- The largest Paylocity buyer in Q1 2019 was Macquarie Group, an estimated $30.9M added.
- The largest Paylocity seller in Q1 2019 was Adams Street Partners, an estimated $43.4M sold.
Based on aggregated 13F filings for Q1 2019.