Free · no sign-up · Q2 2026

Which funds own PAYC

Paycom Software Inc in the Q2 2026 filings. At least 7 of the 91 current managers on file reported a position, worth $763m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.

Managers holding: 7; at least, of 91 current
Combined value: $763m; as reported
Opened: 0; new this quarter
Added to: 4; already held
Trimmed or sold out: 5; 2 sold out entirely

Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.

Managers reporting a position

Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.

Manager	Value	Weight	Shares	Change on the quarter	Action
Harris Associates LP Activist · $75.4bn book	$427m	0.6%	3,397,446	+$31m+139,672	Added
Two Sigma Investments LP Quantitative · $138bn book	$176m	0.1%	1,400,923	-$36m-346,743	Trimmed
Baillie Gifford & Co Long-only · $110bn book	$123m	0.1%	975,398	-$64m-561,880	Trimmed
ExodusPoint Capital Management LP Multi-strategy · $15.5bn book	$18m	0.1%	141,348	+$8.0m+61,291	Added
PDT Partners LLC Quantitative · $1.9bn book	$9.8m	0.5%	77,774	-$2.4m-22,448	Trimmed
Winton Group Ltd Quantitative · $3.1bn book	$5.8m	0.2%	46,197	+$4.4m+34,976	Added
Caxton Associates LLP Macro · $5.3bn book	$3.8m	0.1%	30,416	+$1.3m+9,259	Added

Sold out of this quarter

Valued at what the position was worth in the previous filing, because by this one it is gone.

Voloridge Investment Management LLC · Quantitative$41m held before
Polen Capital Management LLC · Long-only$3.7m held before

Ownership through time

At least 9 of the 95 managers whose filings are on file listed PAYC in Q2 2026, against 1 in Q1 2015. 2 managers fewer than in Q1 2026: 1 listed it again; 1 sold out, by its own filing; 2 no longer listed it among the positions read, which can mean a holding below the listed range or a filing not yet made.

Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.

Managers on file listing it

Their combined reported value

Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.

Started in Q2 2026

No manager on file started a position.

Largest increases, by shares

Harris Associates LP3,257,774 to 3,397,446 shares+$18m
ExodusPoint Capital Management LP80,057 to 141,348 shares+$7.7m
Winton Group Ltd11,221 to 46,197 shares+$4.4m
Caxton Associates LLP21,157 to 30,416 shares+$1.2m

Largest decreases, by shares

Baillie Gifford & Co1,537,278 to 975,398 shares-$71m
Two Sigma Investments LP1,747,666 to 1,400,923 shares-$44m
Quantbot Technologies LP50,487 to 27,050 shares-$2.9m
PDT Partners LLC100,222 to 77,774 shares-$2.8m

Left it

Polen Capital Management LLCwas $3.7m

Manager	First listed	Largest	Q2 2026
Harris Associates LP	Q4 2023	$718m	$427m
Two Sigma Investments LP	Q3 2018	$212m	$176m
Baillie Gifford & Co	Q2 2024	$359m	$123m
Marshall Wace LLP	Q4 2015	$99m	$48m
ExodusPoint Capital Management LP	Q1 2019	$18m	$18m
PDT Partners LLC	Q1 2020	$12m	$9.8m
Winton Group Ltd	Q1 2018	$7.4m	$5.8m
Caxton Associates LLP	Q4 2017	$3.8m	$3.8m
Quantbot Technologies LP	Q1 2015	$6.5m	$3.4m
T. Rowe Price Associates Inc	Q4 2019	$1.7bn	last listed Q2 2023
Capital Research Global Investors	Q4 2016	$826m	last listed Q2 2023
AllianceBernstein LP	Q4 2018	$784m	last listed Q4 2023
Wellington Management Group LLP	Q4 2020	$733m	last listed Q3 2023
Capital World Investors	Q1 2016	$697m	last listed Q4 2022
Polen Capital Management LLC	Q4 2017	$677m	last listed Q1 2026
Fidelity (FMR LLC)	Q4 2016	$675m	last listed Q3 2025
Invesco Ltd	Q1 2020	$423m	last listed Q1 2025
D. E. Shaw & Co.	Q1 2023	$296m	last listed Q4 2024
Holocene Advisors LP	Q1 2022	$167m	last listed Q3 2024

What PAYC is worth

Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.

Build the comp set around PAYC →

How much of the picture this is

A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.

What to do with a name the funds are buying

Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.

Comps ExplorerValue it against the peers it trades beside Every managerRead any of these books in full Deal tapeWhat buyers paid for whole companies, not slices Hedge fund interviewsHow the room runs, and the stock pitch it wants

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