Paylocity
PCTY
418 hedge funds and large institutions have $7.8B invested in Paylocity in 2024 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 157 increasing their positions, 147 reducing their positions, and 66 closing their positions.
82% more call options, than puts
Call options by funds: $103M | Put options by funds: $56.5M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8% more capital invested
Capital invested by funds: $7.25B → $7.8B (+$545M)
2.24% more ownership
Funds ownership: 78.31% → 80.55% (+2.2%)
7% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 147
4% less funds holding
Funds holding: 435 → 418 (-17)
20% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pictet Asset Management
Carouge,
Switzerland
|
+$126M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$125M |
| 3 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
+$118M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$103M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$53.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$68.5M |
| 2 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$41.6M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$35.5M |
| 4 |
Squarepoint
New York
|
-$34.5M |
| 5 |
Neuberger Berman Group
New York
|
-$32.9M |
PCTY Hedge Fund Activity: Q1 2024 in Review
418 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Paylocity (PCTY) for Q1 2024, worth a combined $7.8B — up 7.5% from $7.25B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of PCTY and 53 opened new positions — a net loss of 13 holders — while 147 trimmed existing stakes and 157 added.
The largest buyer was Pictet Asset Management, adding an estimated $126M. The largest seller was Allspring Global Investments, cutting an estimated $68.5M.
- 418 institutional investors held Paylocity (PCTY) as of Q1 2024, down from 435 in Q4 2023.
- Funds reported $7.8B of Paylocity stock for Q1 2024, up 7.5% quarter-over-quarter.
- 53 funds opened new Paylocity positions in Q1 2024 and 66 closed out, a net change of -13 holders.
- The largest Paylocity buyer in Q1 2024 was Pictet Asset Management, an estimated $126M added.
- The largest Paylocity seller in Q1 2024 was Allspring Global Investments, an estimated $68.5M sold.
Based on aggregated 13F filings for Q1 2024.