Valley Forge Asset Management’s Paychex PAYX Stock Holding History

Valley Forge Asset Management’s Portfolio PAYX Stock Details PAYX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	$15M	Buy	283,636 +16,125	+6%	+$843K	2.33%	9
2015 Q3	$12.7M	Buy	267,511 +45,425	+20%	+$2.12M	2.01%	19
2015 Q2	$10.4M	Sell	222,086 -10,829	-5%	-$529K	1.39%	40
2015 Q1	$11.6M	Sell	232,915 -3,405	-1%	-$165K	1.43%	40
2014 Q4	$10.9M	Sell	236,320 -2,260	-0.9%	-$104K	1.29%	43
2014 Q3	$10.5M	Sell	238,580 -36,423	-13%	-$1.53M	1.29%	44
2014 Q2	$11.4M	Sell	275,003 -158,362	-37%	-$6.51M	1.22%	43
2014 Q1	$18.5M	Sell	433,365 -34,881	-7%	-$1.48M	1.99%	13
2013 Q4	$21.3M	Sell	468,246 -521,696	-53%	-$22.3M	2.05%	17
2013 Q3	$40.2M	Sell	989,942 -65,862	-6%	-$2.6M	2.66%	13
2013 Q2	$38.5M	Buy	+1,055,804	New	+$38.9M	2.52%	14

Other funds holding PAYX

LTI

Laffer Tengler Investments Nashville, Tennessee $677M AUM 27.58% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

AIG

American International Group New York $609M AUM 23.67% 1-Year Est. Return

Valley Forge Asset Management's PAYX Position: Q4 2015 in Review

Valley Forge Asset Management increased its Paychex (PAYX) stake by 6% in Q4 2015, buying an estimated $843K and bringing the position to 283,636 shares worth $15M. The position accounts for 2.33% of the portfolio, ranked #9.

Valley Forge Asset Management first reported a position in PAYX in Q2 2013 and has held it in 11 quarters since. The position peaked at $40.2M in Q3 2013. 820 funds tracked by Wall St. Rank hold PAYX as of Q4 2015.

Valley Forge Asset Management held 283,636 shares of Paychex worth $15M as of Q4 2015.
Valley Forge Asset Management bought 16,125 Paychex shares in Q4 2015, an estimated $843K.
Paychex made up 2.33% of Valley Forge Asset Management's portfolio in Q4 2015, its #9 holding.
Valley Forge Asset Management first reported a position in Paychex in Q2 2013 and has held it in 11 quarters since.
Valley Forge Asset Management's Paychex position peaked at $40.2M in Q3 2013.
820 funds tracked by Wall St. Rank held Paychex as of Q4 2015.

Based on Valley Forge Asset Management's 13F filing for Q4 2015, filed 9 Feb 2016.