Winton Capital Management’s Paychex PAYX Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	$42.4M	Buy	995,716 +396,648	+66%	+$16.9M	0.29%	136
2013 Q4	$27.3M	Buy	599,068 +126,351	+27%	+$5.75M	0.24%	167
2013 Q3	$19.2M	Sell	472,717 -12,159	-3%	-$494K	0.23%	166
2013 Q2	$17.7M	Buy	+484,876	New	+$17.7M	0.21%	174