Paychex
PAYX
697 hedge funds and large institutions have $10.2B invested in Paychex in 2014 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 273 increasing their positions, 251 reducing their positions, and 44 closing their positions.
140% more call options, than puts
Call options by funds: $146M | Put options by funds: $61M
55% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 44
3% more funds holding
Funds holding: 680 → 697 (+17)
9% more repeat investments, than reductions
Existing positions increased: 273 | Existing positions reduced: 251
9% less capital invested
Capital invested by funds: $11.3B → $10.2B (-$1.01B)
41% less funds holding in top 10
Funds holding in top 10: 17 → 10 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$48.6M |
| 2 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$30.3M |
| 3 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$22.7M |
| 4 |
Two Sigma Investments
New York
|
+$19.6M |
| 5 |
WCM
Winton Capital Management
London,
United Kingdom
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$239M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$122M |
| 3 |
T
Thomaspartners
Boston,
Massachusetts
|
-$56.2M |
| 4 |
Goldman Sachs
New York
|
-$31.9M |
| 5 |
Millennium Management
New York
|
-$25.2M |
PAYX Hedge Fund Activity: Q1 2014 in Review
697 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2014, worth a combined $10.2B — down 9% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new PAYX positions and 44 closed out — a net gain of 24 holders — while 273 added to existing stakes and 251 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $48.6M. The largest seller was Fidelity Investments, cutting an estimated $239M.
- 697 institutional investors held Paychex (PAYX) as of Q1 2014, up from 680 in Q4 2013.
- Funds reported $10.2B of Paychex stock for Q1 2014, down 9% quarter-over-quarter.
- 68 funds opened new Paychex positions in Q1 2014 and 44 closed out, a net change of +24 holders.
- The largest Paychex buyer in Q1 2014 was Janus Henderson Investors US, an estimated $48.6M added.
- The largest Paychex seller in Q1 2014 was Fidelity Investments, an estimated $239M sold.
Based on aggregated 13F filings for Q1 2014.