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Paylocity

440 hedge funds and large institutions have $7.75B invested in Paylocity in 2023 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 173 increasing their positions, 158 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

553% more call options, than puts

Call options by funds: $116M | Put options by funds: $17.8M

9% more repeat investments, than reductions

Existing positions increased: 173 | Existing positions reduced: 158

1% less funds holding

Funds holding: 443440 (-3)

0.73% less ownership

Funds ownership: 76.01%75.27% (-0.73%)

4% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 54

8% less capital invested

Capital invested by funds: $8.45B → $7.75B (-$705M)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
440
Holders Change
-3
Holders Change %
-0.68%
% of All Funds
6.91%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
52
Increased
173
Reduced
158
Closed
54
Calls
$116M
Puts
$17.8M
Net Calls
+$98.3M
Net Calls Change
+$112M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$1.34B +$282M +1,539,537 +27%
BlackRock
2
BlackRock
New York
$763M -$44.1M -240,911 -6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$760M -$11M -60,037 -1%
T. Rowe Price Investment Management
4
T. Rowe Price Investment Management
Maryland
$451M +$21.8M +119,029 +5%
WA
5
Wasatch Advisors
Utah
$277M +$7.26M +39,646 +3%
State Street
6
State Street
Massachusetts
$237M +$663K +3,620 +0.3%
ESCM
7
Echo Street Capital Management
New York
$171M +$35.8M +195,506 +27%
RP
8
Riverbridge Partners
Minnesota
$170M +$47.1M +257,084 +39%
Massachusetts Financial Services
9
Massachusetts Financial Services
Massachusetts
$165M -$24M -130,980 -13%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$135M +$8.91M +48,688 +7%
Swedbank
11
Swedbank
Sweden
$116M +$54.9M +300,000 +91%
ASP
12
Adams Street Partners
Illinois
$108M -$1.15M -6,298 -1%
Franklin Resources
13
Franklin Resources
California
$103M +$11.3M +61,722 +12%
Capital International Investors
14
Capital International Investors
California
$102M +$101M +552,493 New
Janus Henderson Group
15
Janus Henderson Group
United Kingdom
$85.9M +$7.94M +43,356 +10%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$83.2M -$437K -2,387 -0.5%
Northern Trust
17
Northern Trust
Illinois
$79.6M +$7.72M +42,187 +11%
GKIM
18
GW&K Investment Management
Massachusetts
$71.7M +$9.13M +49,882 +15%
Westfield Capital Management
19
Westfield Capital Management
Massachusetts
$68.8M +$13.9M +75,894 +26%
Renaissance Technologies
20
Renaissance Technologies
New York
$67.6M -$8.31M -45,400 -11%
American Century Companies
21
American Century Companies
Missouri
$64M -$26M -141,949 -29%
Alkeon Capital Management
22
Alkeon Capital Management
New York
$58.9M -$7.4M -40,438 -11%
Qube Research & Technologies (QRT)
23
Qube Research & Technologies (QRT)
United Kingdom
$55.3M +$28.7M +156,759 +110%
TCM
24
TimesSquare Capital Management
New York
$54.7M -$435K -2,375 -0.8%
Two Sigma Advisers
25
Two Sigma Advisers
New York
$50.4M -$4.32M -23,600 -8%

PCTY Hedge Fund Activity: Q2 2023 in Review

440 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q2 2023, worth a combined $7.75B — down 8.3% from $8.45B a quarter earlier.

Sellers outnumbered buyers: 54 funds closed out of PCTY and 52 opened new positions — a net loss of 2 holders — while 158 trimmed existing stakes and 173 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $282M. The largest seller was Citadel Advisors, cutting an estimated $189M.

  • 440 institutional investors held Paylocity (PCTY) as of Q2 2023, down from 443 in Q1 2023.
  • Funds reported $7.75B of Paylocity stock for Q2 2023, down 8.3% quarter-over-quarter.
  • 52 funds opened new Paylocity positions in Q2 2023 and 54 closed out, a net change of -2 holders.
  • The largest Paylocity buyer in Q2 2023 was T. Rowe Price Associates, an estimated $282M added.
  • The largest Paylocity seller in Q2 2023 was Citadel Advisors, an estimated $189M sold.

Based on aggregated 13F filings for Q2 2023.