Paylocity
PCTY
263 hedge funds and large institutions have $4.36B invested in Paylocity in 2019 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 86 increasing their positions, 101 reducing their positions, and 30 closing their positions.
60% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 30
25% more capital invested
Capital invested by funds: $3.48B → $4.36B (+$883M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
3% more funds holding
Funds holding: 255 → 263 (+8)
0.27% more ownership
Funds ownership: 67.21% → 67.48% (+0.27%)
15% less repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 101
44% less call options, than puts
Call options by funds: $8.91M | Put options by funds: $15.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$109M |
| 2 |
BlackRock
New York
|
+$57.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.9M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$26.1M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$21.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ASP
Adams Street Partners
Chicago,
Illinois
|
-$49.3M |
| 2 |
Renaissance Technologies
New York
|
-$28.1M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$23.2M |
| 4 |
Millennium Management
New York
|
-$13.9M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$12.6M |
PCTY Hedge Fund Activity: Q4 2019 in Review
263 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q4 2019, worth a combined $4.36B — up 25% from $3.48B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new PCTY positions and 30 closed out — a net gain of 18 holders — while 86 added to existing stakes and 101 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $109M. The largest seller was Adams Street Partners, cutting an estimated $49.3M.
- 263 institutional investors held Paylocity (PCTY) as of Q4 2019, up from 255 in Q3 2019.
- Funds reported $4.36B of Paylocity stock for Q4 2019, up 25% quarter-over-quarter.
- 48 funds opened new Paylocity positions in Q4 2019 and 30 closed out, a net change of +18 holders.
- The largest Paylocity buyer in Q4 2019 was T. Rowe Price Associates, an estimated $109M added.
- The largest Paylocity seller in Q4 2019 was Adams Street Partners, an estimated $49.3M sold.
Based on aggregated 13F filings for Q4 2019.