Paylocity
PCTY
271 hedge funds and large institutions have $3.24B invested in Paylocity in 2020 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 91 increasing their positions, 99 reducing their positions, and 47 closing their positions.
41% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $11.9M
21% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 47
3% more funds holding
Funds holding: 263 → 271 (+8)
0.65% more ownership
Funds ownership: 67.48% → 68.13% (+0.65%)
8% less repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 99
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
26% less capital invested
Capital invested by funds: $4.36B → $3.24B (-$1.12B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$73.5M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$69.3M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$51.2M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$37.6M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$30M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$29.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$24.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$18.4M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$18.2M |
| 5 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
-$16.6M |
PCTY Hedge Fund Activity: Q1 2020 in Review
271 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q1 2020, worth a combined $3.24B — down 26% from $4.36B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new PCTY positions and 47 closed out — a net gain of 10 holders — while 91 added to existing stakes and 99 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $73.5M. The largest seller was TimesSquare Capital Management, cutting an estimated $29.7M.
- 271 institutional investors held Paylocity (PCTY) as of Q1 2020, up from 263 in Q4 2019.
- Funds reported $3.24B of Paylocity stock for Q1 2020, down 26% quarter-over-quarter.
- 57 funds opened new Paylocity positions in Q1 2020 and 47 closed out, a net change of +10 holders.
- The largest Paylocity buyer in Q1 2020 was T. Rowe Price Associates, an estimated $73.5M added.
- The largest Paylocity seller in Q1 2020 was TimesSquare Capital Management, an estimated $29.7M sold.
Based on aggregated 13F filings for Q1 2020.