Paylocity
PCTY
255 hedge funds and large institutions have $3.48B invested in Paylocity in 2019 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 96 increasing their positions, 90 reducing their positions, and 42 closing their positions.
7% more capital invested
Capital invested by funds: $3.26B → $3.48B (+$218M)
1.56% more ownership
Funds ownership: 65.65% → 67.21% (+1.6%)
7% more call options, than puts
Call options by funds: $8M | Put options by funds: $7.5M
7% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 90
7% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 42
2% less funds holding
Funds holding: 259 → 255 (-4)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alkeon Capital Management
New York
|
+$78.3M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$36.9M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$34.1M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$20.3M |
| 5 |
Neuberger Berman Group
New York
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$26.2M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$24.1M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$21.1M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$20.4M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$19.9M |
PCTY Hedge Fund Activity: Q3 2019 in Review
255 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q3 2019, worth a combined $3.48B — up 6.7% from $3.26B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of PCTY and 39 opened new positions — a net loss of 3 holders — while 90 trimmed existing stakes and 96 added.
The largest buyer was Alkeon Capital Management, adding an estimated $78.3M. The largest seller was Millennium Management, cutting an estimated $26.2M.
- 255 institutional investors held Paylocity (PCTY) as of Q3 2019, down from 259 in Q2 2019.
- Funds reported $3.48B of Paylocity stock for Q3 2019, up 6.7% quarter-over-quarter.
- 39 funds opened new Paylocity positions in Q3 2019 and 42 closed out, a net change of -3 holders.
- The largest Paylocity buyer in Q3 2019 was Alkeon Capital Management, an estimated $78.3M added.
- The largest Paylocity seller in Q3 2019 was Millennium Management, an estimated $26.2M sold.
Based on aggregated 13F filings for Q3 2019.