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Paylocity

435 hedge funds and large institutions have $7.26B invested in Paylocity in 2023 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 154 increasing their positions, 160 reducing their positions, and 73 closing their positions.

New
Increased
Maintained
Reduced
Closed

112% more call options, than puts

Call options by funds: $113M | Put options by funds: $53.2M

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

2.76% more ownership

Funds ownership: 75.65%78.42% (+2.8%)

4% less repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 160

8% less first-time investments, than exits

New positions opened: 67 | Existing positions closed: 73

2% less funds holding

Funds holding: 445435 (-10)

6% less capital invested

Capital invested by funds: $7.71B → $7.26B (-$445M)

Holders
435
Holders Change
-10
Holders Change %
-2.25%
% of All Funds
6.34%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
67
Increased
154
Reduced
160
Closed
73
Calls
$113M
Puts
$53.2M
Net Calls
+$59.5M
Net Calls Change
-$34.8M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$1.41B +$169M +1,005,275 +13%
BlackRock
2
BlackRock
New York
$729M +$1.54M +9,156 +0.2%
Vanguard Group
3
Vanguard Group
Pennsylvania
$685M +$2.35M +13,962 +0.3%
T. Rowe Price Investment Management
4
T. Rowe Price Investment Management
Maryland
$508M +$110M +650,431 +27%
WA
5
Wasatch Advisors
Utah
$293M +$34.5M +205,065 +13%
State Street
6
State Street
Massachusetts
$227M +$9.8M +58,232 +4%
Capital International Investors
7
Capital International Investors
California
$200M +$111M +658,057 +119%
Invesco
8
Invesco
Georgia
$181M +$141M +840,407 +327%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$147M +$5.75M +34,181 +4%
RP
10
Riverbridge Partners
Minnesota
$145M -$3.93M -23,337 -3%
ASP
11
Adams Street Partners
Illinois
$93.7M
Janus Henderson Group
12
Janus Henderson Group
United Kingdom
$82.7M +$12.2M +72,647 +17%
Allspring Global Investments
13
Allspring Global Investments
North Carolina
$82.2M +$83.9M +498,467 New
Westfield Capital Management
14
Westfield Capital Management
Massachusetts
$79.6M +$1.77M +10,498 +2%
VBA
15
Van Berkom & Associates
Quebec, Canada
$77.2M +$78M +463,392 +9,586%
LIP
16
Liontrust Investment Partners
United Kingdom
$76.9M -$5.03M -29,866 -6%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$76.1M -$14K -83 -0%
Northern Trust
18
Northern Trust
Illinois
$67M -$5.82M -34,589 -8%
ClearBridge Investments
19
ClearBridge Investments
New York
$63M +$61.5M +365,435 +2,212%
GIM
20
Granahan Investment Management
Massachusetts
$58.2M +$20.7M +122,894 +53%
GKIM
21
GW&K Investment Management
Massachusetts
$57.6M -$4.05M -24,084 -6%
Morgan Stanley
22
Morgan Stanley
New York
$52M +$19M +112,911 +56%
Handelsbanken Fonder
23
Handelsbanken Fonder
Sweden
$51.4M +$11.5M +68,110 +28%
Bank of America
24
Bank of America
North Carolina
$47M +$27.6M +163,833 +135%
TCM
25
TimesSquare Capital Management
New York
$46.2M -$1.1M -6,505 -2%

PCTY Hedge Fund Activity: Q4 2023 in Review

435 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q4 2023, worth a combined $7.26B — down 5.8% from $7.71B a quarter earlier.

Sellers outnumbered buyers: 73 funds closed out of PCTY and 67 opened new positions — a net loss of 6 holders — while 160 trimmed existing stakes and 154 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $169M. The largest seller was Echo Street Capital Management, exiting entirely with an estimated $197M sold.

  • 435 institutional investors held Paylocity (PCTY) as of Q4 2023, down from 445 in Q3 2023.
  • Funds reported $7.26B of Paylocity stock for Q4 2023, down 5.8% quarter-over-quarter.
  • 67 funds opened new Paylocity positions in Q4 2023 and 73 closed out, a net change of -6 holders.
  • The largest Paylocity buyer in Q4 2023 was T. Rowe Price Associates, an estimated $169M added.
  • The largest Paylocity seller in Q4 2023 was Echo Street Capital Management, an estimated $197M sold.

Based on aggregated 13F filings for Q4 2023.