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Paychex

1,238 hedge funds and large institutions have $27B invested in Paychex in 2021 Q2 according to their latest regulatory filings, with 104 funds opening new positions, 470 increasing their positions, 420 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more call options, than puts

Call options by funds: $201M | Put options by funds: $90.6M

44% more funds holding in top 10

Funds holding in top 10: 1826 (+8)

32% more first-time investments, than exits

New positions opened: 104 | Existing positions closed: 79

12% more repeat investments, than reductions

Existing positions increased: 470 | Existing positions reduced: 420

10% more capital invested

Capital invested by funds: $24.7B → $27B (+$2.35B)

1% more funds holding

Funds holding: 1,2241,238 (+14)

0.28% more ownership

Funds ownership: 70.4%70.68% (+0.28%)

Holders
1,238
Holders Change
+14
Holders Change %
+1.14%
% of All Funds
21.55%
Holding in Top 10
26
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+44.44%
% of All Funds
0.45%
New
104
Increased
470
Reduced
420
Closed
79
Calls
$201M
Puts
$90.6M
Net Calls
+$110M
Net Calls Change
+$30.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Nordea Investment Management
26
Nordea Investment Management
Sweden
$152M -$15M -148,673 -10%
MCI
27
McDonald Capital Investors
California
$150M -$2.9M -28,852 -2%
Morgan Stanley
28
Morgan Stanley
New York
$147M -$30.4M -302,135 -18%
N
29
Nuveen
North Carolina
$147M -$10.6M -105,580 -7%
Goldman Sachs
30
Goldman Sachs
New York
$147M +$11.1M +110,759 +9%
Barclays
31
Barclays
United Kingdom
$145M +$15.7M +155,717 +13%
Swiss National Bank
32
Swiss National Bank
Switzerland
$142M -$86.1M -856,386 -39%
Sumitomo Mitsui Trust Group
33
Sumitomo Mitsui Trust Group
Japan
$137M -$7.8M -77,567 -6%
PPA
34
Parametric Portfolio Associates
Washington
$137M +$7.08M +70,370 +6%
CS
35
Credit Suisse
Switzerland
$127M -$7.18M -71,395 -6%
UBS Group
36
UBS Group
Switzerland
$125M +$29.1M +288,941 +33%
Neuberger Berman Group
37
Neuberger Berman Group
New York
$111M +$5.65M +56,187 +6%
ESCM
38
Echo Street Capital Management
New York
$109M +$4.01M +39,899 +4%
Ameriprise
39
Ameriprise
Minnesota
$100M -$10.6M -105,395 -10%
First Trust Advisors
40
First Trust Advisors
Illinois
$96.5M +$4.61M +45,830 +5%
HCM
41
Hamlin Capital Management
New York
$92.2M -$3.96M -39,329 -4%
Parnassus Investments
42
Parnassus Investments
California
$90.3M +$8.44M +83,952 +11%
Bank of Montreal
43
Bank of Montreal
Ontario, Canada
$88.7M +$43M +427,181 +109%
Amundi
44
Amundi
France
$87.3M +$81.8M +813,198 New
Baird Financial Group
45
Baird Financial Group
Wisconsin
$86.3M +$371K +3,691 +0.5%
Envestnet Asset Management
46
Envestnet Asset Management
Illinois
$84.3M +$4.99M +49,610 +7%
GT
47
Glenmede Trust
Pennsylvania
$83M -$2.38M -23,703 -3%
Deutsche Bank
48
Deutsche Bank
Germany
$79.4M -$1.01M -10,042 -1%
Schroder Investment Management Group
49
Schroder Investment Management Group
United Kingdom
$75.5M +$10.2M +101,365 +17%
T. Rowe Price Associates
50
T. Rowe Price Associates
Maryland
$74.8M -$1.08M -10,708 -2%

PAYX Hedge Fund Activity: Q2 2021 in Review

1,238 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q2 2021, worth a combined $27B — up 9.5% from $24.7B a quarter earlier.

Buyers outnumbered sellers: 104 funds opened new PAYX positions and 79 closed out — a net gain of 25 holders — while 470 added to existing stakes and 420 trimmed.

The largest buyer was Invesco, adding an estimated $105M. The largest seller was Swiss National Bank, cutting an estimated $86.1M.

  • 1,238 institutional investors held Paychex (PAYX) as of Q2 2021, up from 1,224 in Q1 2021.
  • Funds reported $27B of Paychex stock for Q2 2021, up 9.5% quarter-over-quarter.
  • 104 funds opened new Paychex positions in Q2 2021 and 79 closed out, a net change of +25 holders.
  • The largest Paychex buyer in Q2 2021 was Invesco, an estimated $105M added.
  • The largest Paychex seller in Q2 2021 was Swiss National Bank, an estimated $86.1M sold.

Based on aggregated 13F filings for Q2 2021.