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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
CICC
376
Capital Investment Counsel (Colorado)
Colorado
$4.14M +$1.51M +12,456 +59%
DAS
377
Dynamic Advisor Solutions
Arizona
$4.13M +$700K +5,770 +21%
BOCM
378
Bontempo Ohly Capital Management
Maryland
$4.11M -$179K -1,474 -4%
HPIA
379
Hamilton Point Investment Advisors
North Carolina
$4.04M -$78.8K -649 -2%
WB
380
Webster Bank
Connecticut
$4.02M -$395K -3,256 -9%
PFS
381
Prospera Financial Services
Texas
$4.01M +$10.7K +88 +0.3%
SPIA
382
Steward Partners Investment Advisory
New York
$3.99M +$23.5K +194 +0.6%
PA
383
PFG Advisors
Arizona
$3.97M +$45K +371 +1%
KeyBank National Association
384
KeyBank National Association
Ohio
$3.97M +$1.18M +9,722 +43%
EWA
385
EP Wealth Advisors
California
$3.97M +$74K +610 +2%
ST
386
Somerset Trust
Pennsylvania
$3.95M +$70.2K +578 +2%
DDC
387
DF Dent & Co
Maryland
$3.92M -$322K -2,651 -8%
RP
388
Rowlandmiller & Partners
Georgia
$3.89M -$79K -651 -2%
PA
389
Profund Advisors
Maryland
$3.89M -$77.8K -641 -2%
IEFM
390
IQ EQ Fund Management
Ireland
$3.88M -$58.6K -483 -2%
RFM
391
Royal Fund Management
Florida
$3.85M -$89.6K -738 -2%
TCM
392
Twin Capital Management
Pennsylvania
$3.84M -$180K -1,483 -5%
AT
393
American Trust
Kentucky
$3.82M +$3.77M +31,069 New
LWCFA
394
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$3.81M -$135K -1,110 -3%
Thrivent Financial for Lutherans
395
Thrivent Financial for Lutherans
Minnesota
$3.73M -$2.46M -20,293 -40%
SMDAM
396
Sumitomo Mitsui DS Asset Management
Japan
$3.71M +$28.3K +233 +0.8%
DADC
397
D.A. Davidson & Co
Montana
$3.69M -$30K -247 -0.8%
ASN
398
Advisory Services Network
Georgia
$3.69M +$109K +900 +3%
GLA
399
Great Lakes Advisors
Illinois
$3.68M -$91.6K -755 -2%
SWMG
400
Signature Wealth Management Group
Georgia
$3.67M +$13.3K +110 +0.4%
14 15
16
17 18

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.