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Paychex
PAYX

1,528 hedge funds and large institutions have $33.1B invested in Paychex in 2024 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 536 increasing their positions, 602 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more call options, than puts

Call options by funds: $303M | Put options by funds: $128M

45% more first-time investments, than exits

New positions opened: 112 | Existing positions closed: 77

1% more funds holding

Funds holding: 1,506 → 1,528 (+22)

4% more capital invested

Capital invested by funds: $32B → $33.1B (+$1.13B)

0.38% more ownership

Funds ownership: 74.66% → 75.04% (+0.38%)

6% less funds holding in top 10

Funds holding in top 10: 16 → 15 (-1)

11% less repeat investments, than reductions

Existing positions increased: 536 | Existing positions reduced: 602

Holders
1,528
Holders Change
+22
Holders Change %
+1.46%
% of All Funds
22.01%
Holding in Top 10
15
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.25%
% of All Funds
0.22%
New
112
Increased
536
Reduced
602
Closed
77
Calls
$303M
Puts
$128M
Net Calls
+$174M
Net Calls Change
+$85.9M

Top Buyers

1
Capital International Investors
Capital International Investors
California
+$288M
2
Charles Schwab
Charles Schwab
California
+$280M
3
Capital World Investors
Capital World Investors
California
+$183M
4
TD Asset Management
TD Asset Management
Ontario, Canada
+$96.3M
5
JP Morgan Chase
JP Morgan Chase
New York
+$95.4M

Top Sellers

1
Fidelity Investments
Fidelity Investments
Massachusetts
-$431M
2
Morgan Stanley
Morgan Stanley
New York
-$422M
3
Barclays
Barclays
United Kingdom
-$108M
4
Holocene Advisors
Holocene Advisors
New York
-$103M
5
Select Equity Group
Select Equity Group
New York
-$94.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
WG
351
Winton Group
United Kingdom
$4.65M +$4.59M +37,831 New
WAC
352
William Allan Corp
Colorado
$4.62M -$7.16K -59 -0.2%
THWM
353
Taylor Hoffman Wealth Management
Virginia
$4.6M +$109K +894 +2%
CGPCS
354
Capital Group Private Client Services
California
$4.51M +$132K +1,090 +3%
Fifth Third Bancorp
355
Fifth Third Bancorp
Ohio
$4.49M +$167K +1,373 +4%
TPCW
356
TD Private Client Wealth
New York
$4.46M -$367K -3,027 -8%
PP
357
Prospector Partners
Connecticut
$4.46M +$131K +1,080 +3%
CIBC Private Wealth Group
358
CIBC Private Wealth Group
Georgia
$4.46M +$366K +3,015 +9%
IFAM
359
Institutional & Family Asset Management
Colorado
$4.46M +$22.8K +188 +0.5%
FCI
360
Financial Counselors Inc
Kansas
$4.45M -$100K -826 -2%
OA
361
Oak Associates
Ohio
$4.43M -$607 -5 -0%
CBTWT
362
Community Bank & Trust (Waco, Texas)
Texas
$4.4M -$2.19K -18 -0.1%
Los Angeles Capital Management
363
Los Angeles Capital Management
California
$4.37M -$39.2M -322,908 -90%
WAG
364
Windsor Advisory Group
Ohio
$4.37M +$3.16K +26 +0.1%
RCM
365
Ridgepath Capital Management
Tennessee
$4.35M +$3.06M +25,235 +247%
OIM
366
Opus Investment Management
Massachusetts
$4.35M – – –
EGM
367
Engineers Gate Manager
New York
$4.33M -$512K -4,216 -11%
TA
368
Tectonic Advisors
Texas
$4.25M +$314K +2,584 +8%
WDA
369
Wendell David Associates
New Hampshire
$4.22M -$660K -5,439 -14%
SCP
370
Sandhill Capital Partners
New York
$4.22M -$61.5K -507 -1%
AA
371
ALPS Advisors
Colorado
$4.2M -$9.1K -75 -0.2%
VPIM
372
Vanguard Personalized Indexing Management
California
$4.19M +$83.3K +686 +2%
AWA
373
Arkadios Wealth Advisors
Georgia
$4.18M +$105K +866 +3%
FC
374
Forte Capital
New York
$4.17M -$52.3K -431 -1%
Two Sigma Investments
375
Two Sigma Investments
New York
$4.15M -$27M -222,349 -87%
13 14
15
16 17

PAYX Hedge Fund Activity: Q1 2024 in Review

1,528 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2024, worth a combined $33.1B — up 3.5% from $32B a quarter earlier.

Buyers outnumbered sellers: 112 funds opened new PAYX positions and 77 closed out — a net gain of 35 holders — while 536 added to existing stakes and 602 trimmed.

The largest buyer was Capital International Investors, adding an estimated $288M. The largest seller was Fidelity Investments, cutting an estimated $431M.

  • 1,528 institutional investors held Paychex (PAYX) as of Q1 2024, up from 1,506 in Q4 2023.
  • Funds reported $33.1B of Paychex stock for Q1 2024, up 3.5% quarter-over-quarter.
  • 112 funds opened new Paychex positions in Q1 2024 and 77 closed out, a net change of +35 holders.
  • The largest Paychex buyer in Q1 2024 was Capital International Investors, an estimated $288M added.
  • The largest Paychex seller in Q1 2024 was Fidelity Investments, an estimated $431M sold.

Based on aggregated 13F filings for Q1 2024.