Paychex
PAYX
679 hedge funds and large institutions have $11.3B invested in Paychex in 2013 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 247 increasing their positions, 258 reducing their positions, and 45 closing their positions.
96% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 45
60% more call options, than puts
Call options by funds: $128M | Put options by funds: $80.1M
14% more funds holding in top 10
Funds holding in top 10: 14 → 16 (+2)
6% more funds holding
Funds holding: 640 → 679 (+39)
4% less repeat investments, than reductions
Existing positions increased: 247 | Existing positions reduced: 258
10% less capital invested
Capital invested by funds: $12.5B → $11.3B (-$1.22B)
Top Buyers
| 1 |
AIG
American International Group
New York
|
+$258M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$95M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$85.2M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$44.8M |
| 5 |
Goldman Sachs
New York
|
+$43.2M |
Top Sellers
PAYX Hedge Fund Activity: Q4 2013 in Review
679 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2013, worth a combined $11.3B — down 9.8% from $12.5B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new PAYX positions and 45 closed out — a net gain of 43 holders — while 247 added to existing stakes and 258 trimmed.
The largest buyer was American International Group, adding an estimated $258M. The largest seller was Capital World Investors, cutting an estimated $303M.
- 679 institutional investors held Paychex (PAYX) as of Q4 2013, up from 640 in Q3 2013.
- Funds reported $11.3B of Paychex stock for Q4 2013, down 9.8% quarter-over-quarter.
- 88 funds opened new Paychex positions in Q4 2013 and 45 closed out, a net change of +43 holders.
- The largest Paychex buyer in Q4 2013 was American International Group, an estimated $258M added.
- The largest Paychex seller in Q4 2013 was Capital World Investors, an estimated $303M sold.
Based on aggregated 13F filings for Q4 2013.