Paylocity
PCTY
290 hedge funds and large institutions have $6.05B invested in Paylocity in 2020 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 108 increasing their positions, 108 reducing their positions, and 30 closing their positions.
36% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $8.67M
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
9% more capital invested
Capital invested by funds: $5.53B → $6.05B (+$520M)
4% more funds holding
Funds holding: 280 → 290 (+10)
0% more repeat investments, than reductions
Existing positions increased: 108 | Existing positions reduced: 108
1.11% less ownership
Funds ownership: 70.69% → 69.58% (-1.1%)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$251M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
+$27.5M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$24M |
| 4 |
JP Morgan Chase
New York
|
+$22.2M |
| 5 |
Neuberger Berman Group
New York
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$56.4M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$54.5M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$54M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$44.1M |
| 5 |
ASP
Adams Street Partners
Chicago,
Illinois
|
-$38.8M |
PCTY Hedge Fund Activity: Q3 2020 in Review
290 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q3 2020, worth a combined $6.05B — up 9.4% from $5.53B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PCTY positions and 30 closed out — a net gain of 10 holders — while 108 added to existing stakes and 108 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $251M. The largest seller was Granahan Investment Management, cutting an estimated $56.4M.
- 290 institutional investors held Paylocity (PCTY) as of Q3 2020, up from 280 in Q2 2020.
- Funds reported $6.05B of Paylocity stock for Q3 2020, up 9.4% quarter-over-quarter.
- 40 funds opened new Paylocity positions in Q3 2020 and 30 closed out, a net change of +10 holders.
- The largest Paylocity buyer in Q3 2020 was T. Rowe Price Associates, an estimated $251M added.
- The largest Paylocity seller in Q3 2020 was Granahan Investment Management, an estimated $56.4M sold.
Based on aggregated 13F filings for Q3 2020.