Paylocity
PCTY
318 hedge funds and large institutions have $7.6B invested in Paylocity in 2020 Q4 according to their latest regulatory filings, with 60 funds opening new positions, 112 increasing their positions, 109 reducing their positions, and 30 closing their positions.
163% more call options, than puts
Call options by funds: $16.9M | Put options by funds: $6.42M
100% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 30
26% more capital invested
Capital invested by funds: $6.05B → $7.6B (+$1.55B)
10% more funds holding
Funds holding: 290 → 318 (+28)
3% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 109
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1.52% less ownership
Funds ownership: 69.58% → 68.05% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$63M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$49.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$45.9M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$40.1M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$23.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$131M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$87.2M |
| 3 |
JP Morgan Chase
New York
|
-$52.6M |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$31M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$29.5M |
PCTY Hedge Fund Activity: Q4 2020 in Review
318 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q4 2020, worth a combined $7.6B — up 26% from $6.05B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new PCTY positions and 30 closed out — a net gain of 30 holders — while 112 added to existing stakes and 109 trimmed.
The largest buyer was Massachusetts Financial Services, adding an estimated $63M. The largest seller was T. Rowe Price Associates, cutting an estimated $131M.
- 318 institutional investors held Paylocity (PCTY) as of Q4 2020, up from 290 in Q3 2020.
- Funds reported $7.6B of Paylocity stock for Q4 2020, up 26% quarter-over-quarter.
- 60 funds opened new Paylocity positions in Q4 2020 and 30 closed out, a net change of +30 holders.
- The largest Paylocity buyer in Q4 2020 was Massachusetts Financial Services, an estimated $63M added.
- The largest Paylocity seller in Q4 2020 was T. Rowe Price Associates, an estimated $131M sold.
Based on aggregated 13F filings for Q4 2020.