Vault-13

PAYCOR HCM INC

COM · Common Stock · CUSIP 70435P102

209 institutional holders +4 vs Q4 2024
83,288,88883.3m shares reported held*
$1.9bnreported value*
66 new 58 added 52 reduced 64 sold out net sold ≈ $104.1m (-4.6m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.45. Options: 7 managers hold calls ($6.5m notional), 3 hold puts ($2.1m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 151Q4 22: 149Q1 23: 163Q2 23: 158Q3 23: 136Q4 23: 150Q1 24: 165Q2 24: 192Q3 24: 199Q4 24: 205Q1 25: 209209Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022151
Q4 2022149
Q1 2023163
Q2 2023158
Q3 2023136
Q4 2023150
Q1 2024165
Q2 2024192
Q3 2024199
Q4 2024205
Q1 2025209

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q2 23: 79 bought or addedQ2 23: 84 cut or sold outQ3 23: 74 bought or addedQ3 23: 71 cut or sold outQ3 23Q4 23: 99 bought or addedQ4 23: 55 cut or sold outQ1 24: 113 bought or addedQ1 24: 53 cut or sold outQ1 24Q2 24: 127 bought or addedQ2 24: 71 cut or sold outQ3 24: 120 bought or addedQ3 24: 89 cut or sold outQ3 24Q4 24: 117 bought or addedQ4 24: 99 cut or sold outQ1 25: 124 bought or addedQ1 25: 116 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20237984
Q3 20237471
Q4 20239955
Q1 202411353
Q2 202412771
Q3 202412089
Q4 202411799
Q1 2025124116

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ2 24 calls: $1.4mQ2 24 puts: $460.7kQ2 24P/C 0.32Q3 24 calls: $64.4kQ3 24 puts: $282.4kQ3 24P/C 4.38Q4 24 calls: $258.1kQ4 24 puts: $386.3kQ4 24P/C 1.50Q1 25 calls: $6.5mQ1 25 puts: $2.1mQ1 25P/C 0.33
Numbers
QuarterCallsPutsP/C
Q2 2024$1.4m$460.7k0.32
Q3 2024$64.4k$282.4k4.38
Q4 2024$258.1k$386.3k1.50
Q1 2025$6.5m$2.1m0.33

Biggest buyers

Magnetar Financial LLC New +3,672,360+3.7m
First Trust Capital Management L.P. New +3,455,521+3.5m
NEXPOINT ASSET MANAGEMENT, L.P. New +3,176,062+3.2m
UBS Group AG Added +2,798,017+2.8m
BARCLAYS PLC Added +2,495,011+2.5m
ALPINE ASSOCIATES MANAGEMENT INC. New +2,221,527+2.2m
ALLIANCEBERNSTEIN L.P. Added +2,173,584+2.2m
JPMORGAN CHASE & CO Added +1,881,202+1.9m
KRYGER CAPITAL Ltd New +1,654,167+1.7m
AQR Arbitrage LLC New +1,464,133+1.5m

Biggest sellers

T. Rowe Price Investment Management, Inc. Sold out -7,598,584-7.6m
Clearbridge Investments, LLC Sold out -6,386,128-6.4m
Conestoga Capital Advisors, LLC Reduced -5,614,452-5.6m
CITADEL ADVISORS LLC Sold out -4,771,890-4.8m
NEUBERGER BERMAN GROUP LLC Reduced -2,837,077-2.8m
Invesco Ltd. Reduced -2,696,086-2.7m
FRANKLIN RESOURCES INC Sold out -2,003,288-2.0m
Granite Investment Partners, LLC Sold out -1,522,098-1.5m
Holocene Advisors, LP Sold out -1,208,612-1.2m
DIMENSIONAL FUND ADVISORS LP Reduced -1,138,672-1.1m

Biggest calls

CITADEL ADVISORS LLC Added $2.1m94.1k shares
JANE STREET GROUP, LLC New $1.7m77.5k shares
Schonfeld Strategic Advisors LLC New $1.1m50.1k shares
Troluce Capital Advisors LLC New $933.5k41.6k shares
GROUP ONE TRADING LLC Added $576.7k25.7k shares
SIMPLEX TRADING, LLC New $2.0k6.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

WATER ISLAND CAPITAL LLC New $1.8m80.9k shares
CITADEL ADVISORS LLC Reduced $294.0k13.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HBK INVESTMENTS L P 3.50% of their portfolio DALLAS, TX 8,952,8659.0m $200.9m $200.9m 3.50% Not comparable
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 7,638,3257.6m $171.4m $171.4m 0.00% Added +184.3k +184,322
3 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,746,6794.7m $106.5m $106.5m 0.00% Added +834.8k +834,759
4 Magnetar Financial LLC 1.08% of their portfolio EVANSTON, IL 3,672,3603.7m $82.4m $82.4m 1.08% New
5 UBS Group AG 0.02% of their portfolio ZURICH, V8 3,582,3993.6m $80.4m $80.4m 0.02% Added +2.8m +2,798,017
6 First Trust Capital Management L.P. 5.61% of their portfolio CHICAGO, IL 3,455,5213.5m $77.5m $77.5m 5.61% New
7 NEXPOINT ASSET MANAGEMENT, L.P. 6.77% of their portfolio Dallas, TX 3,176,0623.2m $71.3m $71.3m 6.77% New
8 BARCLAYS PLC 0.03% of their portfolio LONDON, X0 2,746,6072.7m $61.6m $61.6m 0.03% Added +2.5m +2,495,011
9 ALPINE ASSOCIATES MANAGEMENT INC. 2.61% of their portfolio PALM BEACH, FL 2,221,5272.2m $49.9m $49.9m 2.61% New
10 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 2,201,3252.2m $49.4m $49.4m 0.02% Added +2.2m +2,173,584
11 RIVERBRIDGE PARTNERS LLC 0.75% of their portfolio MINNEAPOLIS, MN 2,087,8502.1m $46.9m $46.9m 0.75% Reduced -164.4k -164,449
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 2,011,5672.0m $45.1m $45.1m 0.00% Reduced -76.4k -76,362
13 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,911,4331.9m $42.9m $42.9m 0.00% Added +1.9m +1,881,202
14 KRYGER CAPITAL Ltd 4.35% of their portfolio LONDON, X0 1,654,1671.7m $37.1m $37.1m 4.35% New
15 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 1,505,8251.5m $33.8m $33.8m 0.00% Added +92.2k +92,249
16 AQR Arbitrage LLC 0.80% of their portfolio Greenwich, CT 1,464,1331.5m $32.8m $32.8m 0.80% New
17 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,436,8041.4m $32.2m $32.2m 0.01% Added +980.9k +980,882
18 NUANCE INVESTMENTS, LLC 2.07% of their portfolio Kansas City, MO 1,401,9831.4m $31.5m $31.5m 2.07% New
19 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,342,2341.3m $30.1m $30.1m 0.00% Added +75.7k +75,738
20 Conestoga Capital Advisors, LLC 0.45% of their portfolio WAYNE, PA 1,319,9761.3m $29.6m $29.6m 0.45% Reduced -5.6m -5,614,452
21 GLAZER CAPITAL, LLC 1.24% of their portfolio New York, NY 1,189,1501.2m $26.7m $26.7m 1.24% New
22 NORGES BANK 0.00% of their portfolio OSLO, Q8 995,421995.4k $22.3m $22.3m 0.00% Unchanged
23 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 963,357963.4k $21.6m $21.6m 0.02% Added +625.5k +625,492
24 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.08% of their portfolio JUPITER, FL 923,613923.6k $20.7m $20.7m 0.08% Added +571.7k +571,721
25 Grantham, Mayo, Van Otterloo & Co. LLC 0.06% of their portfolio Boston, MA 916,082916.1k $20.6m $20.6m 0.06% New
26 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 831,826831.8k $18.7m $18.7m 0.02% Added +800.7k +800,734
27 Trium Capital LLP 7.39% of their portfolio LONDON, X0 810,746810.7k $18.2m $18.2m 7.39% Not comparable
28 WATER ISLAND CAPITAL LLC 2.94% of their portfolio NEW YORK, NY 754,606754.6k $16.9m $16.9m 2.94% New
29 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 655,360655.4k $14.7m $14.7m 0.00% Reduced -48.2k -48,186
30 ODDO BHF ASSET MANAGEMENT SAS 0.60% of their portfolio PARIS, I0 655,000655.0k $14.7m $14.7m 0.60% Not comparable
31 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 619,511619.5k $13.9m $13.9m 0.00% Reduced -447.2k -447,222
32 PICTON MAHONEY ASSET MANAGEMENT 0.46% of their portfolio Toronto, A6 600,015600.0k $13.5m $13.5m 0.46% New
33 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 556,448556.4k $12.5m $12.5m 0.01% Added +518.2k +518,171
34 GABELLI FUNDS LLC 0.09% of their portfolio Rye, NY 529,771529.8k $11.9m $11.9m 0.09% New
35 Man Group plc 0.03% of their portfolio LONDON, X0 513,060513.1k $11.5m $11.5m 0.03% New
36 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 506,816506.8k $11.4m $11.4m 0.01% Reduced -62.9k -62,909
37 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 483,031483.0k $10.8m $10.8m 0.00% Reduced -12.2k -12,228
38 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 467,295467.3k $10.5m $10.5m 0.00% Added +66.2k +66,174
39 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 462,521462.5k $10.4m $10.4m 0.00% Reduced -1.1m -1,138,672
40 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 448,590448.6k $10.1m $10.1m 0.00% Added +242 +242
41 GABELLI & Co INVESTMENT ADVISERS, INC. 1.51% of their portfolio Rye, NY 446,350446.4k $10.0m $10.0m 1.51% New
42 Gotham Asset Management, LLC 0.08% of their portfolio NEW YORK, NY 442,138442.1k $9.9m $9.9m 0.08% Added +126.5k +126,483
43 CREDIT INDUSTRIEL ET COMMERCIAL 1.78% of their portfolio PARIS FRANCE, I0 437,059437.1k $9.8m $9.8m 1.78% New
44 NEXT CENTURY GROWTH INVESTORS LLC 0.87% of their portfolio PLYMOUTH, MN 433,661433.7k $9.7m $9.7m 0.87% Reduced -864.5k -864,452
45 COMERICA BANK 0.04% of their portfolio DALLAS, TX 406,354406.4k $9.1m $9.1m 0.04% Reduced -110.2k -110,179
46 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 371,265371.3k $8.3m $8.3m 0.00% Reduced -6.4k -6,372
47 New York Life Investment Management LLC 0.07% of their portfolio New York, NY 323,231323.2k $7.3m $7.3m 0.07% New
48 BANK OF NOVA SCOTIA 0.02% of their portfolio TORONTO, A6 308,100308.1k $6.9m $6.9m 0.02% New
49 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 307,039307.0k $6.9m $6.9m 0.01% Added +236.5k +236,500
50 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 305,645305.6k $6.9m $6.9m 0.00% Reduced -1.5k -1,502
51 HARVEST MANAGEMENT LLC 3.13% of their portfolio New York, NY 300,000300.0k $6.7m $6.7m 3.13% New
52 Groupe la Francaise 0.14% of their portfolio PARIS, I0 291,372291.4k $6.5m $6.5m 0.14% New
53 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 269,940269.9k $6.1m $6.1m 0.00% Added +10.9k +10,898
54 ClearAlpha Technologies LP 5.42% of their portfolio Greenwich, CT 267,970268.0k $6.0m $6.0m 5.42% New
55 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 264,609264.6k $5.9m $5.9m 0.00% First filing
56 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio TORONTO, A6 254,600254.6k $5.7m $5.7m 0.01% New
57 Qube Research & Technologies Ltd 0.01% of their portfolio LONDON, X0 243,363243.4k $5.5m $5.5m 0.01% New
58 MARSHALL WACE, LLP 0.01% of their portfolio LONDON, X0 222,145222.1k $5.0m $5.0m 0.01% Reduced -453.8k -453,825
59 Amundi 0.00% of their portfolio Paris, I0 217,112217.1k $4.9m $4.9m 0.00% Added +212.5k +212,468
60 ING GROEP NV 0.03% of their portfolio AMSTERDAM, P7 210,600210.6k $4.7m $4.7m 0.03% Added +107.3k +107,300
61 NATIXIS 0.03% of their portfolio PARIS, I0 202,406202.4k $4.5m $4.5m 0.03% New
62 Versor Investments LP 0.73% of their portfolio New York, NY 200,558200.6k $4.5m $4.5m 0.73% New
63 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.02% of their portfolio HARRISBURG, PA 175,000175.0k $3.9m $3.9m 0.02% New
64 Swiss National Bank 0.00% of their portfolio ZURICH, V8 174,500174.5k $3.9m $3.9m 0.00% Reduced -1.3k -1,300
65 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.01% of their portfolio COLUMBUS, OH 174,293174.3k $3.9m $3.9m 0.01% Added +146.2k +146,195
66 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 165,570165.6k $3.7m $3.7m 0.00% Reduced -264.0k -264,019
67 MCMORGAN & CO LLC 0.55% of their portfolio SAN FRANCISCO, CA 153,126153.1k $3.4m $3.4m 0.55% Reduced -3.3k -3,270
68 Carmignac Gestion 0.05% of their portfolio PARIS, I0 147,693147.7k $3.3m $3.3m 0.05% New
69 MUFG Securities EMEA plc 0.08% of their portfolio LONDON, X0 145,000145.0k $3.3m $3.3m 0.08% New
70 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.05% of their portfolio BALA CYNWYD, PA 132,597132.6k $3.0m $3.0m 0.05% New
71 FRED ALGER MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 122,504122.5k $2.7m $2.7m 0.02% Added +79.1k +79,071
72 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 106,648106.6k $2.4m $2.4m 0.00% Reduced -152.3k -152,275
73 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 103,195103.2k $2.3m $2.3m 0.00% Reduced -2.7m -2,696,086
74 Alpine Global Management, LLC 0.59% of their portfolio NEW YORK, NY 100,000100.0k $2.2m $2.2m 0.59% New
75 Legal & General Group Plc 0.00% of their portfolio London, X0 97,39797.4k $2.2m $2.2m 0.00% Added +6.4k +6,437
76 Alberta Investment Management Corp 0.01% of their portfolio EDMONTON, A0 95,81895.8k $2.2m $2.2m 0.01% Added +1.9k +1,898
77 IEQ CAPITAL, LLC 0.02% of their portfolio Foster City, CA 95,40095.4k $2.1m $2.1m 0.02% Reduced -6.8k -6,820
78 Sagefield Capital LP 0.25% of their portfolio DALLAS, TX 93,40093.4k $2.1m $2.1m 0.25% New
79 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.53% of their portfolio LEAWOOD, KS 89,16589.2k $2.0m $2.0m 0.53% Reduced -14.4k -14,448
80 TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio STAMFORD, CT 83,42183.4k $1.9m $1.9m 0.02% Reduced -423.5k -423,540
81 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 81,20081.2k $1.8m $1.8m 0.00% Reduced -1.9k -1,924
82 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 70,49070.5k $1.6m $1.6m 0.00% Reduced -9.4k -9,446
83 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 64,63464.6k $1.5m $1.5m 0.00% Reduced -160.3k -160,334
84 Eisler Capital Management Ltd. 0.04% of their portfolio LONDON, X0 64,09264.1k $1.4m $1.4m 0.04% New
85 Mariner, LLC 0.00% of their portfolio Overland Park, KS 61,07561.1k $1.4m $1.4m 0.00% Added +788 +788
86 STRS OHIO 0.01% of their portfolio COLUMBUS, OH 60,87160.9k $1.4m $1.4m 0.01% New
87 WOLVERINE ASSET MANAGEMENT LLC 0.03% of their portfolio CHICAGO, IL 58,44658.4k $1.3m $1.3m 0.03% New
88 Greenland Capital Management LP 0.20% of their portfolio NEW YORK, NY 51,21851.2k $1.1m $1.1m 0.20% New
89 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 51,04451.0k $1.1m $1.1m 0.00% Added +16.0k +16,018
90 SYQUANT CAPITAL SAS 0.80% of their portfolio PARIS, I0 50,00050.0k $1.1m $1.1m 0.80% New
91 Virtu Financial LLC 0.05% of their portfolio New York, NY 44,54344.5k $1.0m $1.0m 0.05% New
92 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 43,31143.3k $971.9k $971.9k 0.00% Added +307 +307
93 PRELUDE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio NEW YORK, NY 41,09641.1k $922.2k $922.2k 0.09% New
94 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 40,63740.6k $911.9k $911.9k 0.00% Reduced -401.8k -401,817
95 CWM, LLC 0.00% of their portfolio OMAHA, NE 40,55340.6k $910.0k $910.0k 0.00% Reduced -337 -337
96 BCK CAPITAL MANAGEMENT LP 0.71% of their portfolio STAMFORD, CT 40,43440.4k $907.3k $907.3k 0.71% New
97 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 39,82139.8k $893.5k $893.5k 0.00% Reduced -11.5k -11,483
98 Treasurer of the State of North Carolina 0.00% of their portfolio RALEIGH, NC 37,87537.9k $850.0k $850.0k 0.00% Added +1.9k +1,910
99 CSS LLC/IL 0.05% of their portfolio CHICAGO, IL 34,56734.6k $775.7k $775.7k 0.05% New
100 FORA Capital, LLC 0.07% of their portfolio MIAMI, FL 31,93031.9k $716.5k $716.5k 0.07% New