Paychex
PAYX
1,532 hedge funds and large institutions have $29.1B invested in Paychex in 2026 Q2 according to their latest regulatory filings, with 155 funds opening new positions, 633 increasing their positions, 541 reducing their positions, and 119 closing their positions.
30% more first-time investments, than exits
New positions opened: 155 | Existing positions closed: 119
28% more call options, than puts
Call options by funds: $223M | Put options by funds: $175M
17% more repeat investments, than reductions
Existing positions increased: 633 | Existing positions reduced: 541
7% more capital invested
Capital invested by funds: $27.2B → $29.1B (+$1.89B)
1% more funds holding
Funds holding: 1,514 → 1,532 (+18)
0.22% more ownership
Funds ownership: 82.48% → 82.7% (+0.22%)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$127M |
| 2 |
Morgan Stanley
New York
|
+$118M |
| 3 |
Millennium Management
New York
|
+$113M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$107M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$97.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$193M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$154M |
| 3 |
Select Equity Group
New York
|
-$128M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$105M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$91.1M |
PAYX Hedge Fund Activity: Q2 2026 in Review
1,532 of the 8,329 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q2 2026, worth a combined $29.1B — up 6.9% from $27.2B a quarter earlier.
Buyers outnumbered sellers: 155 funds opened new PAYX positions and 119 closed out — a net gain of 36 holders — while 633 added to existing stakes and 541 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $127M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $193M sold.
- 1,532 institutional investors held Paychex (PAYX) as of Q2 2026, up from 1,514 in Q1 2026.
- Funds reported $29.1B of Paychex stock for Q2 2026, up 6.9% quarter-over-quarter.
- 155 funds opened new Paychex positions in Q2 2026 and 119 closed out, a net change of +36 holders.
- The largest Paychex buyer in Q2 2026 was Victory Capital Management, an estimated $127M added.
- The largest Paychex seller in Q2 2026 was Capital Research Global Investors, an estimated $193M sold.
Based on aggregated 13F filings for Q2 2026.