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Paychex

1,513 hedge funds and large institutions have $32.4B invested in Paychex in 2024 Q2 according to their latest regulatory filings, with 119 funds opening new positions, 553 increasing their positions, 571 reducing their positions, and 118 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more call options, than puts

Call options by funds: $227M | Put options by funds: $205M

0.91% more ownership

Funds ownership: 75.04%75.96% (+0.91%)

1% more first-time investments, than exits

New positions opened: 119 | Existing positions closed: 118

0% more funds holding in top 10

Funds holding in top 10: 1515 (0)

1% less funds holding

Funds holding: 1,5281,513 (-15)

2% less capital invested

Capital invested by funds: $33.1B → $32.4B (-$724M)

3% less repeat investments, than reductions

Existing positions increased: 553 | Existing positions reduced: 571

Holders
1,513
Holders Change
-15
Holders Change %
-0.98%
% of All Funds
21.85%
Holding in Top 10
15
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.22%
New
119
Increased
553
Reduced
571
Closed
118
Calls
$227M
Puts
$205M
Net Calls
+$22.3M
Net Calls Change
-$152M
Name Holding Trade Value Shares
Change
Change in
Stake
LCOV
26
London Company of Virginia
Virginia
$224M -$14.5M -118,766 -6%
Nordea Investment Management
27
Nordea Investment Management
Sweden
$220M +$71.8M +587,602 +47%
EIP
28
Epoch Investment Partners
New York
$212M +$13.9M +113,856 +7%
BG
29
Bahl & Gaynor
Ohio
$202M +$13.9M +114,132 +7%
California Public Employees Retirement System
30
California Public Employees Retirement System
California
$184M -$40.8M -333,599 -18%
BNP Paribas Financial Markets
31
BNP Paribas Financial Markets
France
$179M +$8.77M +71,797 +5%
GAM
32
Guinness Asset Management
United Kingdom
$178M +$18.7M +153,220 +11%
Select Equity Group
33
Select Equity Group
New York
$178M -$10.2M -83,210 -5%
AllianceBernstein
34
AllianceBernstein
Tennessee
$174M -$6.23M -50,968 -3%
HSBC Holdings
35
HSBC Holdings
United Kingdom
$161M +$38.4M +314,408 +30%
Barclays
36
Barclays
United Kingdom
$142M +$8.64M +70,735 +6%
CIM
37
Confluence Investment Management
Missouri
$135M -$7.05M -57,680 -5%
TAM
38
Troy Asset Management
United Kingdom
$126M -$14.5M -118,525 -10%
Capital Research Global Investors
39
Capital Research Global Investors
California
$126M +$129M +1,059,135 New
HCM
40
Hamlin Capital Management
New York
$125M +$9.04M +73,993 +8%
Mawer Investment Management
41
Mawer Investment Management
Alberta, Canada
$123M -$6.74M -55,136 -5%
Deutsche Bank
42
Deutsche Bank
Germany
$120M -$15.9M -130,198 -11%
Baird Financial Group
43
Baird Financial Group
Wisconsin
$117M +$597K +4,888 +0.5%
Franklin Resources
44
Franklin Resources
California
$115M +$3.66M +29,979 +3%
Swiss National Bank
45
Swiss National Bank
Switzerland
$114M -$1.31M -10,700 -1%
MCI
46
McDonald Capital Investors
California
$112M -$1.11M -9,095 -1%
T. Rowe Price Associates
47
T. Rowe Price Associates
Maryland
$111M -$5.64M -46,176 -5%
N
48
Nuveen
North Carolina
$103M -$14.1M -115,248 -12%
Victory Capital Management
49
Victory Capital Management
Texas
$101M -$8.91M -72,917 -8%
Amundi
50
Amundi
France
$101M -$8.66M -70,835 -8%

PAYX Hedge Fund Activity: Q2 2024 in Review

1,513 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q2 2024, worth a combined $32.4B — down 2.2% from $33.1B a quarter earlier.

Buyers outnumbered sellers: 119 funds opened new PAYX positions and 118 closed out — a net gain of 1 holder — while 553 added to existing stakes and 571 trimmed.

The largest buyer was Capital International Investors, adding an estimated $445M. The largest seller was Qube Research & Technologies (QRT), cutting an estimated $126M.

  • 1,513 institutional investors held Paychex (PAYX) as of Q2 2024, down from 1,528 in Q1 2024.
  • Funds reported $32.4B of Paychex stock for Q2 2024, down 2.2% quarter-over-quarter.
  • 119 funds opened new Paychex positions in Q2 2024 and 118 closed out, a net change of +1 holder.
  • The largest Paychex buyer in Q2 2024 was Capital International Investors, an estimated $445M added.
  • The largest Paychex seller in Q2 2024 was Qube Research & Technologies (QRT), an estimated $126M sold.

Based on aggregated 13F filings for Q2 2024.