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Paychex

752 hedge funds and large institutions have $25.8B invested in Paychex in 2014 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 300 increasing their positions, 254 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

213% more call options, than puts

Call options by funds: $176M | Put options by funds: $56.3M

194% more first-time investments, than exits

New positions opened: 97 | Existing positions closed: 33

141% more capital invested

Capital invested by funds: $10.7B → $25.8B (+$15.1B)

18% more repeat investments, than reductions

Existing positions increased: 300 | Existing positions reduced: 254

8% more funds holding

Funds holding: 696752 (+56)

11% less funds holding in top 10

Funds holding in top 10: 98 (-1)

Holders
752
Holders Change
+56
Holders Change %
+8.05%
% of All Funds
20.06%
Holding in Top 10
8
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-11.11%
% of All Funds
0.21%
New
97
Increased
300
Reduced
254
Closed
33
Calls
$176M
Puts
$56.3M
Net Calls
+$120M
Net Calls Change
-$15.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Grantham, Mayo, Van Otterloo & Co (GMO)
26
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$82.3M -$6.53M -141,301 -7%
Select Equity Group
27
Select Equity Group
New York
$80.6M +$3.54M +76,668 +5%
Wellington Management Group
28
Wellington Management Group
Massachusetts
$80.5M +$24.5M +529,817 +44%
Ameriprise
29
Ameriprise
Minnesota
$80.1M +$6.93M +150,073 +9%
LCOV
30
London Company of Virginia
Virginia
$80.1M +$8.5M +184,035 +12%
Legal & General Group
31
Legal & General Group
United Kingdom
$71.6M +$66.9K +1,448 +0.1%
CNB
32
City National Bank
California
$68.8M +$4.2M +91,016 +7%
Capital International Investors
33
Capital International Investors
California
$67.6M +$16.5M +357,260 +32%
CS
34
Credit Suisse
Switzerland
$66.1M +$969K +20,986 +1%
GC
35
Guggenheim Capital
Illinois
$52.8M +$8.87M +192,000 +20%
TCIM
36
TIAA CREF Investment Management
New York
$51.7M -$1.2M -26,049 -2%
Capital Research Global Investors
37
Capital Research Global Investors
California
$46.2M
Deutsche Bank
38
Deutsche Bank
Germany
$46.1M +$4.14M +89,663 +10%
JP Morgan Chase
39
JP Morgan Chase
New York
$45.5M -$1.13M -24,509 -2%
Charles Schwab
40
Charles Schwab
California
$45M +$3.95M +85,607 +10%
Sumitomo Mitsui Trust Group
41
Sumitomo Mitsui Trust Group
Japan
$42.1M +$735K +15,918 +2%
JHIU
42
Janus Henderson Investors US
Colorado
$40.9M -$4.25M -92,014 -9%
New York State Common Retirement Fund
43
New York State Common Retirement Fund
New York
$40.7M -$1.46M -31,693 -3%
California Public Employees Retirement System
44
California Public Employees Retirement System
California
$38.7M -$4.39M -95,100 -10%
Dimensional Fund Advisors
45
Dimensional Fund Advisors
Texas
$37.7M +$1.49M +32,243 +4%
WF
46
Welch & Forbes
Massachusetts
$37.4M -$1.91M -41,444 -5%
Mitsubishi UFJ Trust & Banking
47
Mitsubishi UFJ Trust & Banking
Japan
$37.4M -$181K -3,919 -0.5%
BlackRock
48
BlackRock
New York
$37.3M +$4M +86,555 +12%
EVM
49
Eaton Vance Management
Massachusetts
$36.4M +$20.3K +440 +0.1%
WRF
50
Waddell & Reed Financial
Kansas
$35.2M +$3.44M +74,510 +11%

PAYX Hedge Fund Activity: Q4 2014 in Review

752 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2014, worth a combined $25.8B — up 141% from $10.7B a quarter earlier.

Buyers outnumbered sellers: 97 funds opened new PAYX positions and 33 closed out — a net gain of 64 holders — while 300 added to existing stakes and 254 trimmed.

The largest buyer was Managed Account Advisors, adding an estimated $95.2M. The largest seller was Bank of America, cutting an estimated $277M.

  • 752 institutional investors held Paychex (PAYX) as of Q4 2014, up from 696 in Q3 2014.
  • Funds reported $25.8B of Paychex stock for Q4 2014, up 141% quarter-over-quarter.
  • 97 funds opened new Paychex positions in Q4 2014 and 33 closed out, a net change of +64 holders.
  • The largest Paychex buyer in Q4 2014 was Managed Account Advisors, an estimated $95.2M added.
  • The largest Paychex seller in Q4 2014 was Bank of America, an estimated $277M sold.

Based on aggregated 13F filings for Q4 2014.