Paylocity
PCTY
259 hedge funds and large institutions have $3.26B invested in Paylocity in 2019 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 104 increasing their positions, 71 reducing their positions, and 23 closing their positions.
161% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 23
46% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 71
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
15% more funds holding
Funds holding: 225 → 259 (+34)
7% more capital invested
Capital invested by funds: $3.06B → $3.26B (+$199M)
0.74% more ownership
Funds ownership: 64.91% → 65.65% (+0.74%)
52% less call options, than puts
Call options by funds: $3.89M | Put options by funds: $8.09M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$62.2M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$25.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$23.4M |
| 4 |
Millennium Management
New York
|
+$21.9M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$32.1M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$28.2M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$26.5M |
| 4 |
Bank of New York Mellon
New York
|
-$17.9M |
| 5 |
State Street
Boston,
Massachusetts
|
-$17.8M |
PCTY Hedge Fund Activity: Q2 2019 in Review
259 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q2 2019, worth a combined $3.26B — up 6.5% from $3.06B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new PCTY positions and 23 closed out — a net gain of 37 holders — while 104 added to existing stakes and 71 trimmed.
The largest buyer was Invesco, adding an estimated $62.2M. The largest seller was Brown Advisory, cutting an estimated $32.1M.
- 259 institutional investors held Paylocity (PCTY) as of Q2 2019, up from 225 in Q1 2019.
- Funds reported $3.26B of Paylocity stock for Q2 2019, up 6.5% quarter-over-quarter.
- 60 funds opened new Paylocity positions in Q2 2019 and 23 closed out, a net change of +37 holders.
- The largest Paylocity buyer in Q2 2019 was Invesco, an estimated $62.2M added.
- The largest Paylocity seller in Q2 2019 was Brown Advisory, an estimated $32.1M sold.
Based on aggregated 13F filings for Q2 2019.