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Paychex

1,075 hedge funds and large institutions have $15.8B invested in Paychex in 2020 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 375 increasing their positions, 458 reducing their positions, and 168 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $133M | Put options by funds: $62.3M

0.45% more ownership

Funds ownership: 69.32%69.77% (+0.45%)

9% less funds holding

Funds holding: 1,1811,075 (-106)

18% less funds holding in top 10

Funds holding in top 10: 1714 (-3)

18% less repeat investments, than reductions

Existing positions increased: 375 | Existing positions reduced: 458

25% less capital invested

Capital invested by funds: $21.1B → $15.8B (-$5.33B)

54% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 168

Holders
1,075
Holders Change
-106
Holders Change %
-8.98%
% of All Funds
23.68%
Holding in Top 10
14
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-17.65%
% of All Funds
0.31%
New
77
Increased
375
Reduced
458
Closed
168
Calls
$133M
Puts
$62.3M
Net Calls
+$70.6M
Net Calls Change
-$33.3M
Name Holding Trade Value Shares
Change
Change in
Stake
CIM
26
Confluence Investment Management
Missouri
$105M +$1.29M +16,168 +1%
Sumitomo Mitsui Trust Group
27
Sumitomo Mitsui Trust Group
Japan
$105M +$11.7M +146,025 +10%
Capital World Investors
28
Capital World Investors
California
$104M -$57M -713,000 -30%
APG Asset Management
29
APG Asset Management
Netherlands
$102M +$10.3M +129,034 +9%
CS
30
Credit Suisse
Switzerland
$101M +$10.5M +131,013 +9%
MCI
31
McDonald Capital Investors
California
$98.1M -$1.64M -20,525 -1%
AllianceBernstein
32
AllianceBernstein
Tennessee
$96.5M -$35.7M -446,374 -23%
GT
33
Glenmede Trust
Pennsylvania
$91.5M
N
34
Nuveen
North Carolina
$84.3M +$2.19M +27,372 +2%
Dimensional Fund Advisors
35
Dimensional Fund Advisors
Texas
$83.9M +$9.79M +122,550 +10%
Nordea Investment Management
36
Nordea Investment Management
Sweden
$77.1M +$18.3M +229,135 +23%
Mawer Investment Management
37
Mawer Investment Management
Alberta, Canada
$71M +$11.5M +143,747 +15%
TD Asset Management
38
TD Asset Management
Ontario, Canada
$67.8M +$7.91M +98,992 +10%
PPA
39
Parametric Portfolio Associates
Washington
$67.1M +$5.2M +65,070 +6%
Capital International Investors
40
Capital International Investors
California
$62.7M +$79.7M +997,237 New
Victory Capital Management
41
Victory Capital Management
Texas
$58.9M +$31.2M +389,945 +71%
First Trust Advisors
42
First Trust Advisors
Illinois
$57.2M +$4.9M +61,320 +7%
ESCM
43
Echo Street Capital Management
New York
$56.6M +$20M +250,556 +39%
CIC
44
Crawford Investment Counsel
Georgia
$56.1M +$2.37M +29,658 +3%
MAMU
45
Marathon Asset Management (UK)
United Kingdom
$53.6M +$4.22M +52,772 +7%
Bessemer Group
46
Bessemer Group
New Jersey
$53.5M +$17.2M +215,521 +34%
T. Rowe Price Associates
47
T. Rowe Price Associates
Maryland
$53.2M +$4.63M +57,942 +7%
D.E. Shaw & Co
48
D.E. Shaw & Co
New York
$51.8M +$37.3M +467,115 +131%
Ameriprise
49
Ameriprise
Minnesota
$51M +$4.68M +58,623 +8%
PNC Financial Services Group
50
PNC Financial Services Group
Pennsylvania
$50.9M -$574K -7,189 -0.9%

PAYX Hedge Fund Activity: Q1 2020 in Review

1,075 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2020, worth a combined $15.8B — down 25% from $21.1B a quarter earlier.

Sellers outnumbered buyers: 168 funds closed out of PAYX and 77 opened new positions — a net loss of 91 holders — while 458 trimmed existing stakes and 375 added.

The largest buyer was Select Equity Group, adding an estimated $149M. The largest seller was Wells Fargo, cutting an estimated $82.8M.

  • 1,075 institutional investors held Paychex (PAYX) as of Q1 2020, down from 1,181 in Q4 2019.
  • Funds reported $15.8B of Paychex stock for Q1 2020, down 25% quarter-over-quarter.
  • 77 funds opened new Paychex positions in Q1 2020 and 168 closed out, a net change of -91 holders.
  • The largest Paychex buyer in Q1 2020 was Select Equity Group, an estimated $149M added.
  • The largest Paychex seller in Q1 2020 was Wells Fargo, an estimated $82.8M sold.

Based on aggregated 13F filings for Q1 2020.