We are live on ! Find out more
PAYX icon

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
TRSOTSOK
426
Teachers Retirement System of the State of Kentucky
Kentucky
$3.22M -$168K -1,383 -5%
CC
427
Courier Capital
New York
$3.2M -$24.3K -200 -0.8%
SWC
428
Spectrum Wealth Counsel
Indiana
$3.19M -$40.8K -336 -1%
CICI
429
Capital Investment Counsel Inc
North Carolina
$3.16M -$314K -2,585 -9%
SC
430
Sepio Capital
Utah
$3.14M -$141K -1,161 -4%
DPAM
431
Degroof Petercam Asset Management
Belgium
$3.12M – – –
BMSSC
432
B. Metzler seel. Sohn & Co
Germany
$3.09M -$22.6K -186 -0.7%
GDP
433
Great Diamond Partners
Maine
$3.09M -$9.83K -81 -0.3%
NW
434
NewEdge Wealth
Pennsylvania
$3.08M +$263K +2,166 +9%
CAM
435
Cozad Asset Management
Illinois
$3.06M -$51.3K -423 -2%
SG Americas Securities
436
SG Americas Securities
New York
$3.05M +$1.02M +8,435 +51%
DT
437
Diversified Trust
Tennessee
$3.02M +$1.77M +14,603 +146%
RWM
438
Ritholtz Wealth Management
New York
$3.02M +$39K +321 +1%
CT
439
Caldwell Trust
Florida
$3M -$100K -827 -3%
EIM
440
Essex Investment Management
Massachusetts
$3M -$29.4K -242 -1%
MSRPS
441
Maryland State Retirement & Pension System
Maryland
$2.99M – – –
1832 Asset Management
442
1832 Asset Management
Ontario, Canada
$2.99M +$461K +3,797 +18%
CAM
443
Cresset Asset Management
Illinois
$2.99M +$651K +5,367 +28%
KRS
444
Kentucky Retirement Systems
Kentucky
$2.99M -$170K -1,403 -5%
PA
445
Pinnacle Associates
New York
$2.98M -$52.8K -435 -2%
VAS
446
Vestmark Advisory Solutions
Massachusetts
$2.97M +$110K +903 +4%
WAP
447
Wealthcare Advisory Partners
Pennsylvania
$2.96M +$128K +1,051 +5%
FHA
448
First Horizon Advisors
Tennessee
$2.95M +$59.2K +488 +2%
SIC
449
Shoker Investment Counsel
Ohio
$2.93M +$14.1K +116 +0.5%
BCA
450
Bray Capital Advisors
Florida
$2.88M -$1.33K -11 -0%
16 17
18
19 20

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.