Paychex
PAYX
840 hedge funds and large institutions have $14.4B invested in Paychex in 2016 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 326 increasing their positions, 318 reducing their positions, and 45 closing their positions.
114% more call options, than puts
Call options by funds: $147M | Put options by funds: $68.7M
18% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 45
3% more repeat investments, than reductions
Existing positions increased: 326 | Existing positions reduced: 318
0% less funds holding
Funds holding: 842 → 840 (-2)
5% less capital invested
Capital invested by funds: $15.1B → $14.4B (-$755M)
23% less funds holding in top 10
Funds holding in top 10: 30 → 23 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$44.5M |
| 2 |
Renaissance Technologies
New York
|
+$41.1M |
| 3 |
Goldman Sachs
New York
|
+$38.2M |
| 4 |
Morgan Stanley
New York
|
+$36M |
| 5 |
Bank of New York Mellon
New York
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$162M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$75.6M |
| 3 |
H
Hexavest
Montreal,
Quebec, Canada
|
-$40.6M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$32.2M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$30.3M |
PAYX Hedge Fund Activity: Q3 2016 in Review
840 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2016, worth a combined $14.4B — down 5% from $15.1B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new PAYX positions and 45 closed out — a net gain of 8 holders — while 326 added to existing stakes and 318 trimmed.
The largest buyer was Vanguard Group, adding an estimated $44.5M. The largest seller was Fidelity Investments, cutting an estimated $162M.
- 840 institutional investors held Paychex (PAYX) as of Q3 2016, down from 842 in Q2 2016.
- Funds reported $14.4B of Paychex stock for Q3 2016, down 5% quarter-over-quarter.
- 53 funds opened new Paychex positions in Q3 2016 and 45 closed out, a net change of +8 holders.
- The largest Paychex buyer in Q3 2016 was Vanguard Group, an estimated $44.5M added.
- The largest Paychex seller in Q3 2016 was Fidelity Investments, an estimated $162M sold.
Based on aggregated 13F filings for Q3 2016.