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Paychex

1,214 hedge funds and large institutions have $23.5B invested in Paychex in 2020 Q4 according to their latest regulatory filings, with 162 funds opening new positions, 434 increasing their positions, 427 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

277% more first-time investments, than exits

New positions opened: 162 | Existing positions closed: 43

66% more call options, than puts

Call options by funds: $215M | Put options by funds: $130M

15% more capital invested

Capital invested by funds: $20.4B → $23.5B (+$3.1B)

10% more funds holding

Funds holding: 1,1081,214 (+106)

2% more repeat investments, than reductions

Existing positions increased: 434 | Existing positions reduced: 427

0% more funds holding in top 10

Funds holding in top 10: 1818 (0)

0.81% less ownership

Funds ownership: 71.24%70.43% (-0.81%)

Holders
1,214
Holders Change
+106
Holders Change %
+9.57%
% of All Funds
21.48%
Holding in Top 10
18
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.32%
New
162
Increased
434
Reduced
427
Closed
43
Calls
$215M
Puts
$130M
Net Calls
+$85.5M
Net Calls Change
+$17.3M
Name Holding Trade Value Shares
Change
Change in
Stake
CIM
26
Confluence Investment Management
Missouri
$142M -$5.93M -66,738 -4%
Invesco
27
Invesco
Georgia
$134M +$15.7M +176,643 +14%
MCI
28
McDonald Capital Investors
California
$134M -$2.65M -29,880 -2%
Sumitomo Mitsui Trust Group
29
Sumitomo Mitsui Trust Group
Japan
$130M -$19.7M -222,211 -14%
APG Asset Management
30
APG Asset Management
Netherlands
$130M +$7.36M +82,940 +5%
KBC Group
31
KBC Group
Belgium
$126M +$5.19M +58,448 +31%
CS
32
Credit Suisse
Switzerland
$126M -$7.12M -80,227 -6%
Morgan Stanley
33
Morgan Stanley
New York
$119M -$25.3M -285,089 -18%
Mawer Investment Management
34
Mawer Investment Management
Alberta, Canada
$114M -$1.08M -12,142 -1%
Goldman Sachs
35
Goldman Sachs
New York
$114M -$85.3M -960,883 -44%
Barclays
36
Barclays
United Kingdom
$112M +$7.99M +90,014 +8%
PPA
37
Parametric Portfolio Associates
Washington
$102M +$3.52M +39,670 +4%
Ameriprise
38
Ameriprise
Minnesota
$101M -$49.4M -556,281 -34%
AAMU
39
Amundi Asset Management US
Massachusetts
$80.6M -$17.1M -192,578 -18%
Neuberger Berman Group
40
Neuberger Berman Group
New York
$80.2M +$18.1M +203,537 +31%
UBS Group
41
UBS Group
Switzerland
$76.7M +$2.71M +30,486 +4%
Deutsche Bank
42
Deutsche Bank
Germany
$76.3M -$15.2M -171,224 -17%
Fidelity Investments
43
Fidelity Investments
Massachusetts
$75.8M -$34.8M -392,032 -33%
ESCM
44
Echo Street Capital Management
New York
$74.8M +$16.3M +184,017 +30%
HCM
45
Hamlin Capital Management
New York
$74.8M -$11.9M -134,116 -14%
First Trust Advisors
46
First Trust Advisors
Illinois
$74.3M -$10.7M -120,499 -13%
GT
47
Glenmede Trust
Pennsylvania
$73.5M -$559K -6,300 -0.8%
Baird Financial Group
48
Baird Financial Group
Wisconsin
$73.4M +$1.62M +18,261 +2%
RhumbLine Advisers
49
RhumbLine Advisers
Massachusetts
$69.6M -$963K -10,840 -1%
JMPWA
50
JP Morgan Private Wealth Advisors
California
$69.1M +$6.72M +75,697 +11%

PAYX Hedge Fund Activity: Q4 2020 in Review

1,214 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2020, worth a combined $23.5B — up 15% from $20.4B a quarter earlier.

Buyers outnumbered sellers: 162 funds opened new PAYX positions and 43 closed out — a net gain of 119 holders — while 434 added to existing stakes and 427 trimmed.

The largest buyer was Select Equity Group, adding an estimated $159M. The largest seller was Norges Bank, cutting an estimated $102M.

  • 1,214 institutional investors held Paychex (PAYX) as of Q4 2020, up from 1,108 in Q3 2020.
  • Funds reported $23.5B of Paychex stock for Q4 2020, up 15% quarter-over-quarter.
  • 162 funds opened new Paychex positions in Q4 2020 and 43 closed out, a net change of +119 holders.
  • The largest Paychex buyer in Q4 2020 was Select Equity Group, an estimated $159M added.
  • The largest Paychex seller in Q4 2020 was Norges Bank, an estimated $102M sold.

Based on aggregated 13F filings for Q4 2020.