Paychex
PAYX
1,424 hedge funds and large institutions have $28.9B invested in Paychex in 2022 Q3 according to their latest regulatory filings, with 96 funds opening new positions, 509 increasing their positions, 528 reducing their positions, and 61 closing their positions.
57% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 61
21% more call options, than puts
Call options by funds: $361M | Put options by funds: $299M
7% more funds holding in top 10
Funds holding in top 10: 30 → 32 (+2)
1% more funds holding
Funds holding: 1,408 → 1,424 (+16)
0.08% more ownership
Funds ownership: 71.57% → 71.64% (+0.08%)
2% less capital invested
Capital invested by funds: $29.3B → $28.9B (-$465M)
4% less repeat investments, than reductions
Existing positions increased: 509 | Existing positions reduced: 528
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$87.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$86.2M |
| 3 |
BlackRock
New York
|
+$79.6M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
+$68.2M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$65.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$119M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$111M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$107M |
| 4 |
Bank of New York Mellon
New York
|
-$80.1M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$77.4M |
PAYX Hedge Fund Activity: Q3 2022 in Review
1,424 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2022, worth a combined $28.9B — down 1.6% from $29.3B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new PAYX positions and 61 closed out — a net gain of 35 holders — while 509 added to existing stakes and 528 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $87.2M. The largest seller was T. Rowe Price Associates, cutting an estimated $119M.
- 1,424 institutional investors held Paychex (PAYX) as of Q3 2022, up from 1,408 in Q2 2022.
- Funds reported $28.9B of Paychex stock for Q3 2022, down 1.6% quarter-over-quarter.
- 96 funds opened new Paychex positions in Q3 2022 and 61 closed out, a net change of +35 holders.
- The largest Paychex buyer in Q3 2022 was Goldman Sachs, an estimated $87.2M added.
- The largest Paychex seller in Q3 2022 was T. Rowe Price Associates, an estimated $119M sold.
Based on aggregated 13F filings for Q3 2022.