SCHEDULE: Polen Capital Discloses 4.92% Stake in Paycom Software
Beneficial Ownership Report
Polen Capital Management, LLC has reported a 4.92% beneficial ownership stake in Paycom Software, Inc. common stock as an investment adviser.
Summary
- Polen Capital Management, LLC, a Delaware limited liability company, has filed an Amendment No. 1 to Schedule 13G regarding its beneficial ownership in Paycom Software, Inc.
- The reporting person beneficially owns 2,846,113 shares of Paycom Software, Inc. Common Stock.
- This ownership represents 4.92% of the class of securities.
- The percentage of ownership is calculated based on 57,819,755 shares of Common Stock outstanding as of April 29, 2025, as reported in the issuer's Form 10-Q filed on May 8, 2025.
- Polen Capital Management, LLC holds sole voting power and sole dispositive power over all 2,846,113 shares.
Sentiment
Score: 5
Explanation: The filing is a factual report of beneficial ownership and does not inherently convey positive or negative sentiment regarding the company's performance or prospects.
Future Outlook
This filing is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the issuer's or reporting person's future outlook.
Industry Context
This filing indicates a passive investment by an investment adviser in a publicly traded software company specializing in human capital management (HCM) solutions. It reflects a standard portfolio holding by an institutional investor within the technology sector.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake, confirming a notable holder of the company's common stock.
Key Dates
| Date | Description |
|---|---|
| 04/29/2025 | Date as of which 57,819,755 shares of Common Stock outstanding were reported by Paycom Software, Inc. |
| 05/08/2025 | Date Paycom Software, Inc. filed its Form 10-Q with the commission. |
| 06/30/2025 | Date of event which required the filing of this statement. |
| 07/24/2025 | Date of filing of this Schedule 13G Amendment No. 1. |
Keywords
Paycom Software, Polen Capital Management, Beneficial Ownership, Schedule 13G, Common Stock, Investment Adviser, Equity Stake, Financial Reporting
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