Paylocity

PCTY • NASDAQ

Paylocity is a software - application company in the technology sector on NASDAQ, led by Toby Williams, with a market cap of $8.2B. As of Q3 2025, 75% of shares are held by 471 institutional investors, with BlackRock, Inc. as the largest holder at 7.69%.

Co-Chief Executive OfficerToby Williams

Market Cap$8.2B

Software - Application

Technology

Employees6.1K

Websitepaylocity.com

Country

United States of America

Overview

Overview of institutional ownership in PCTY as of Q3 2025 with a market cap of $8.8B

All Institutions

Institutions: 471
Value Held: $6.6B
Shares Held: 41.6M
Avg Position: $14.1M
Median Position: $870.0K

Hedge Funds

Hedge Funds: 67
Value Held: $1.1B
Shares Held: 7.1M
Avg Position: $16.9M
Median Position: $2.0M

Ownership Breakdown

Institutional (non-HF)

62.6%

$5.5B

Hedge Funds

12.87%

$1.1B

Retail & Other

24.54%

$2.2B

Based on market cap of $8.8B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in PCTY as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$675.5M 0.01% of portfolio	7.69% 4.2M shares	Q2 2015 Held for 10y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$671.8M 0.01% of portfolio	7.65% 4.2M shares	Q2 2014 Held for 11y 5m	$6.69T
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$603.6M 0.37% of portfolio	6.87% 3.8M shares	Q3 2022 Held for 3y 2m	$161.58B
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$276.8M 0.23% of portfolio	3.15% 1.7M shares	Q1 2014 Held for 11y 8m	$122.08B
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$214.8M 0.02% of portfolio	2.44% 1.3M shares	Q2 2014 Held for 11y 5m	$912.31B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$212.7M 0.01% of portfolio	2.42% 1.3M shares	Q2 2014 Held for 11y 5m	$2.88T
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	$206.7M 1.11% of portfolio	2.35% 1.3M shares	Q4 2014 Held for 10y 11m	$18.6B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$193.5M 0.01% of portfolio	2.20% 1.2M shares	Q2 2014 Held for 11y 5m	$1.57T
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	Dan Michael Berkovitz Chairman	$119.3M 0.10% of portfolio	1.36% 748.8K shares	Q4 2014 Held for 10y 11m	$121.98B
FMR LLC Institution	-	$118.0M 0.01% of portfolio	1.34% 740.8K shares	Q2 2014 Held for 11y 5m	$1.92T

Net Capital Flow

Institutional buying and selling activity for PCTY in Q3 2025

Traded: −$287.3M
Buyers: 242
Sellers: 234
Total Bought: +$817.9M
Total Sold: −$1.1B
Avg Position: $12.3M

Biggest Buyers

Institution	Net Bought	Current Position
A Alyeska Investment Group, L.P. Hedge Fund•Multi-Strategy	+$104.7M +657.1K shares	$104.7M 657.1K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$67.7M +425.1K shares	$276.8M 1.7M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$62.1M +390.0K shares	$119.3M 748.8K shares
D D. E. Shaw & Co., Inc. Institution	+$44.4M +279.1K shares	$94.7M 594.9K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$44.0M +276.0K shares	$82.3M 516.8K shares
R ROYAL BANK OF CANADA Institution	+$35.2M +220.7K shares	$49.0M 307.7K shares
Q Qube Research & Technologies Ltd Institution	+$33.4M +209.9K shares	$88.0M 552.3K shares
UBS Group AG Institution	+$26.7M +167.6K shares	$47.9M 300.8K shares
C Cubist Systematic Strategies, LLC Institution	+$25.4M +159.2K shares	$25.4M 159.2K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	+$22.0M +138.1K shares	$39.4M 247.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	−$365.5M −2.3M shares	$214.8M 1.3M shares
WASATCH ADVISORS INC Long Only Manager	−$76.4M −479.5K shares	$206.7M 1.3M shares
Invesco Ltd. ETF Provider	−$69.3M −435.2K shares	$90.8M 570.1K shares
Clearbridge Investments, LLC Long Only Manager	−$58.1M −365.0K shares	$32.5M 203.9K shares
T T. Rowe Price Investment Management, Inc. Insurance Manager	−$51.8M −325.3K shares	$603.6M 3.8M shares
Owls Nest Partners IA, LLC Hedge Fund•Value	−$47.1M −260.0K shares	Sold Off 0 shares
A AustralianSuper Pty Ltd Institution	−$28.8M −158.7K shares	Sold Off 0 shares
A AXA Institution	−$23.0M −127.2K shares	Sold Off 0 shares
VANGUARD GROUP INC Institution	−$20.2M −126.7K shares	$671.8M 4.2M shares
GOLDMAN SACHS GROUP INC Institution	−$19.6M −123.2K shares	$26.7M 167.4K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PCTY in Q3 2025

New Positions: 30
New Value: $17.6M
Exited Positions: 68
Exited Value: $188.0M

New Positions

Institution	Position Value
SAWGRASS ASSET MANAGEMENT LLC Long Only Manager	$9.2M 57.5K shares
E Elo Mutual Pension Insurance Co Institution	$2.5M 15.7K shares
M Mondrian Capital Management, LLC Hedge Fund•Long/Short	$1.3M 8.0K shares
Morningstar Investment Management LLC Long Only Manager	$986.2K 6.2K shares
Kovitz Investment Group Partners, LLC RIA/Wealth	$394.7K 2.5K shares
P PharVision Advisers, LLC Hedge Fund•Long/Short	$388.8K 2.4K shares
Keebeck Wealth Management, LLC RIA/Wealth	$341.8K 2.1K shares
Catalytic Wealth RIA, LLC RIA/Wealth	$302.1K 1.9K shares
N NorthCrest Asset Manangement, LLC Long Only Manager	$292.5K 1.9K shares
F Fieldview Capital Management, LLC Hedge Fund•Long/Short	$282.7K 1.8K shares

Exited Positions

Institution	Previous Position
Owls Nest Partners IA, LLC Hedge Fund•Value	$47.1M 260.0K shares
A AustralianSuper Pty Ltd Institution	$28.8M 158.7K shares
A AXA Institution	$23.0M 127.2K shares
GRANAHAN INVESTMENT MANAGEMENT INC/MA Long Only Manager	$14.7M 81.1K shares
Edgestream Partners, L.P. Hedge Fund•Quant Macro	$9.1M 50.3K shares
NEXT CENTURY GROWTH INVESTORS LLC Long Only Manager	$9.0M 49.7K shares
C COOPER INVESTORS PTY LTD Institution	$6.3M 34.8K shares
Symphony Financial, Ltd. Co. RIA/Wealth	$6.2M 34.2K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$4.8M 26.4K shares
WESTFIELD CAPITAL MANAGEMENT CO LP Long Only Manager	$3.4M 18.8K shares

Options Activity

Institutions with the largest Call and Put options positions in PCTY as of Q3 2025

Call Positions: 6
Call Value: $3.7M
Put Positions: 2
Put Value: $2.6M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.9M 117.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$844.1K 53.0 contracts
J JANE STREET GROUP, LLC Institution	$589.3K 37.0 contracts
W WOLVERINE TRADING, LLC Institution	$406.6K 25.0 contracts
B BENJAMIN EDWARDS INC Institution	$15.9K 1.0 contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.7M 107.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$860.1K 54.0 contracts

Most Committed Institutions

Institutions with PCTY as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
A AMIRAL GESTION Institution	-	4.90% $13.5M	0.15% 84.7K shares	Q2 2025 Held for 5 months	$275.2M
R RK Asset Management, LLC Institution	-	4.08% $4.5M	0.05% 28.2K shares	Q3 2024 Held for 1y 2m	$110.0M
G Gillson Capital LP Hedge Fund•Long/Short	Daniel Bartlett Johnson Founder	2.63% $30.4M	0.35% 191.0K shares	Q3 2024 Held for 1y 2m	$1.2B
Sone Capital Management, LLC Hedge Fund•Multi-Strategy	Andrew Kyle Walker CFO	2.60% $31.1M	0.35% 195.3K shares	Q4 2024 Held for 11 months	$1.2B
S Summit Creek Advisors LLC Long Only Manager	Adam Nathan Benson Managing Partner	2.25% $15.5M	0.18% 97.1K shares	Q1 2019 Held for 6y 8m	$686.1M
Van Berkom & Associates Inc. Long Only Manager	Joannes Sebastian Van Berkom CEO	2.02% $71.1M	0.81% 446.2K shares	Q3 2023 Held for 2y 2m	$3.5B
Ranger Investment Management, L.P. Long Only Manager	Andrew Ferguson Hill President	1.93% $27.6M	0.31% 173.5K shares	Q2 2024 Held for 1y 5m	$1.4B
A Alamar Capital Management, LLC RIA/Wealth	Leo John Murphy CEO	1.92% $3.6M	0.04% 22.8K shares	Q2 2024 Held for 1y 5m	$189.2M
Capital Impact Advisors, LLC ETF Provider	Christian Albrecht Wulf Von Schimmelmann Managing Partner	1.75% $7.8M	0.09% 49.0K shares	Q1 2025 Held for 8 months	$447.1M
RIVERBRIDGE PARTNERS LLC Long Only Manager	Mark Albright Thompson Chairman	1.56% $91.7M	1.04% 575.8K shares	Q2 2016 Held for 9y 5m	$5.9B

Hedge Fund Spotlight

Discover hedge funds investing in PCTY

ARMISTICE CAPITAL, LLC

Hedge Fund • Long/Short

Portfolio ManagerSteven Joseph Boyd

Portfolio Value: $3.2B
Positions: 313
Last Reported: Q3 2025

Sector Allocation

Position in Paylocity

Market Value: $552.7K
Shares Held: 3.5K
Portfolio Weight: 0.02%
Owned Since: 2025-Q3

Top Holding	Sector	Market Value	Weight
1 PTC Therapeutics PTCT	Biotechnology Healthcare	$201.1M	6.38%
2 Travere Therapeutics, Inc. TVTX	Biotechnology Healthcare	$160.7M	5.10%
3 Supernus Pharmaceuticals SUPN	Drug Manufacturers - Specialty & Generic Healthcare	$135.5M	4.30%