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Paychex

1,075 hedge funds and large institutions have $15.8B invested in Paychex in 2020 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 375 increasing their positions, 458 reducing their positions, and 168 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $133M | Put options by funds: $62.3M

0.45% more ownership

Funds ownership: 69.32%69.77% (+0.45%)

9% less funds holding

Funds holding: 1,1811,075 (-106)

18% less funds holding in top 10

Funds holding in top 10: 1714 (-3)

18% less repeat investments, than reductions

Existing positions increased: 375 | Existing positions reduced: 458

25% less capital invested

Capital invested by funds: $21.1B → $15.8B (-$5.33B)

54% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 168

Holders
1,075
Holders Change
-106
Holders Change %
-8.98%
% of All Funds
23.68%
Holding in Top 10
14
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-17.65%
% of All Funds
0.31%
New
77
Increased
375
Reduced
458
Closed
168
Calls
$133M
Puts
$62.3M
Net Calls
+$70.6M
Net Calls Change
-$33.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Zurich Cantonal Bank
251
Zurich Cantonal Bank
Switzerland
$4.83M -$7.53M -94,265 -55%
CCA
252
Cobblestone Capital Advisors
New York
$4.75M +$345K +4,323 +6%
WJWM
253
Williams Jones Wealth Management
New York
$4.73M +$118K +1,483 +2%
EP
254
Edgestream Partners
New Jersey
$4.69M -$1.85M -23,097 -24%
CAC
255
Core Alternative Capital
Georgia
$4.63M +$3.77M +47,254 +180%
SOMRS
256
State of Michigan Retirement System
Michigan
$4.59M -$320K -4,000 -5%
FCI
257
Financial Counselors Inc
Kansas
$4.58M -$89.9K -1,125 -2%
GLA
258
Great Lakes Advisors
Illinois
$4.57M +$1.5M +18,804 +35%
PKC
259
Palmer Knight Company
Florida
$4.57M -$267K -3,347 -4%
CG
260
Colony Group
Massachusetts
$4.55M -$711K -8,900 -11%
RFC
261
Regions Financial Corp
Alabama
$4.53M -$11.7K -147 -0.2%
JWBC
262
J.W. Burns & Co
New York
$4.53M -$206K -2,575 -3%
ASRS
263
Arizona State Retirement System
Arizona
$4.52M -$2.18M -27,296 -28%
HI
264
Hendershot Investments
Virginia
$4.52M +$2.37M +29,650 +70%
Teacher Retirement System of Texas
265
Teacher Retirement System of Texas
Texas
$4.48M -$5.28M -66,117 -48%
CSS
266
Cubist Systematic Strategies
Connecticut
$4.44M -$3.84M -48,072 -41%
KCM
267
Kornitzer Capital Management
Kansas
$4.41M +$218K +2,735 +4%
MSE
268
MUFG Securities EMEA
United Kingdom
$4.4M -$4.08M -51,100 -42%
NAM
269
NorthCoast Asset Management
Connecticut
$4.38M -$1.51M -18,900 -21%
Mitsubishi UFJ Asset Management
270
Mitsubishi UFJ Asset Management
Japan
$4.36M -$730K -9,136 -12%
LWCFA
271
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$4.28M -$35.9K -449 -0.7%
M
272
MOTCO
Texas
$4.28M +$92.9K +1,163 +2%
N
273
Natixis
France
$4.28M -$2.75M -34,466 -34%
SRC
274
Stone Run Capital
New York
$4.26M +$945K +11,825 +21%
KFP
275
Keystone Financial Planning
Ohio
$4.24M -$53.6K -671 -1%

PAYX Hedge Fund Activity: Q1 2020 in Review

1,075 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2020, worth a combined $15.8B — down 25% from $21.1B a quarter earlier.

Sellers outnumbered buyers: 168 funds closed out of PAYX and 77 opened new positions — a net loss of 91 holders — while 458 trimmed existing stakes and 375 added.

The largest buyer was Select Equity Group, adding an estimated $149M. The largest seller was Wells Fargo, cutting an estimated $82.8M.

  • 1,075 institutional investors held Paychex (PAYX) as of Q1 2020, down from 1,181 in Q4 2019.
  • Funds reported $15.8B of Paychex stock for Q1 2020, down 25% quarter-over-quarter.
  • 77 funds opened new Paychex positions in Q1 2020 and 168 closed out, a net change of -91 holders.
  • The largest Paychex buyer in Q1 2020 was Select Equity Group, an estimated $149M added.
  • The largest Paychex seller in Q1 2020 was Wells Fargo, an estimated $82.8M sold.

Based on aggregated 13F filings for Q1 2020.