Paychex
PAYX
1,180 hedge funds and large institutions have $21.1B invested in Paychex in 2019 Q4 according to their latest regulatory filings, with 147 funds opening new positions, 446 increasing their positions, 383 reducing their positions, and 50 closing their positions.
194% more first-time investments, than exits
New positions opened: 147 | Existing positions closed: 50
86% more call options, than puts
Call options by funds: $225M | Put options by funds: $121M
16% more repeat investments, than reductions
Existing positions increased: 446 | Existing positions reduced: 383
7% more funds holding
Funds holding: 1,103 → 1,180 (+77)
2% more capital invested
Capital invested by funds: $20.7B → $21.1B (+$375M)
0.99% less ownership
Funds ownership: 70.31% → 69.32% (-0.99%)
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$63.4M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$35.9M |
| 3 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$33M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$32.1M |
| 5 |
SC
Samlyn Capital
New York
|
+$30.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$282M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$90M |
| 3 |
Two Sigma Investments
New York
|
-$57.8M |
| 4 |
Renaissance Technologies
New York
|
-$50.1M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$45.6M |
PAYX Hedge Fund Activity: Q4 2019 in Review
1,180 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2019, worth a combined $21.1B — up 1.8% from $20.7B a quarter earlier.
Buyers outnumbered sellers: 147 funds opened new PAYX positions and 50 closed out — a net gain of 97 holders — while 446 added to existing stakes and 383 trimmed.
The largest buyer was BlackRock, adding an estimated $63.4M. The largest seller was Invesco, cutting an estimated $282M.
- 1,180 institutional investors held Paychex (PAYX) as of Q4 2019, up from 1,103 in Q3 2019.
- Funds reported $21.1B of Paychex stock for Q4 2019, up 1.8% quarter-over-quarter.
- 147 funds opened new Paychex positions in Q4 2019 and 50 closed out, a net change of +97 holders.
- The largest Paychex buyer in Q4 2019 was BlackRock, an estimated $63.4M added.
- The largest Paychex seller in Q4 2019 was Invesco, an estimated $282M sold.
Based on aggregated 13F filings for Q4 2019.