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Paychex

1,014 hedge funds and large institutions have $18.7B invested in Paychex in 2018 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 347 increasing their positions, 393 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 40

20% more call options, than puts

Call options by funds: $209M | Put options by funds: $174M

12% more capital invested

Capital invested by funds: $16.7B → $18.7B (+$2.04B)

5% more funds holding in top 10

Funds holding in top 10: 2122 (+1)

5% more funds holding

Funds holding: 9691,014 (+45)

2.49% more ownership

Funds ownership: 68.15%70.64% (+2.5%)

12% less repeat investments, than reductions

Existing positions increased: 347 | Existing positions reduced: 393

Holders
1,014
Holders Change
+45
Holders Change %
+4.64%
% of All Funds
23.18%
Holding in Top 10
22
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.76%
% of All Funds
0.5%
New
93
Increased
347
Reduced
393
Closed
40
Calls
$209M
Puts
$174M
Net Calls
+$35M
Net Calls Change
-$3.28M
Name Holding Trade Value Shares
Change
Change in
Stake
AWM
501
Avitas Wealth Management
California
$1.18M +$97.6K +1,358 +9%
CWM
502
Cornerstone Wealth Management
Missouri
$1.18M +$454K +6,318 +9%
Verition Fund Management
503
Verition Fund Management
Connecticut
$1.18M -$1.8M -25,113 -61%
FTIOP
504
Fiduciary Trust International of Pennsylvania
Pennsylvania
$1.17M -$21.2K -295 -2%
UR
505
USCA RIA
Texas
$1.14M -$1.22M -16,947 -52%
CCM
506
Cox Capital Management
Massachusetts
$1.14M +$13K +181 +1%
BA
507
Boston Advisors
Massachusetts
$1.14M -$39.9K -555 -3%
TSS
508
Thomas Story & Son
Indiana
$1.11M -$41.3K -575 -4%
AF
509
Ally Financial
Michigan
$1.1M
QAM
510
QCI Asset Management
New York
$1.1M -$46.7K -650 -4%
KA
511
Kaizen Advisory
Illinois
$1.09M -$187K -2,603 -15%
CM
512
Castleark Management
Illinois
$1.09M
REMPR
513
Roof Eidam Maycock Peralta (REMP)
California
$1.07M +$21.6K +300 +2%
AF
514
Affiance Financial
Minnesota
$1.05M
SCA
515
Snowden Capital Advisors
New York
$1.05M +$121K +1,680 +13%
PLFAM
516
Pineno Levin & Ford Asset Management
Virginia
$1.04M
Fiera Capital (Canada)
517
Fiera Capital (Canada)
Quebec, Canada
$1.04M +$71.9K +1,000 +8%
LNC
518
Lincoln National Corp
Pennsylvania
$1.01M +$10.6K +147 +1%
KRS
519
Kentucky Retirement Systems
Kentucky
$1M +$4.1K +57 +0.4%
N
520
Natixis
France
$1M -$3.5M -48,634 -78%
HNB
521
Huntington National Bank
Ohio
$996K +$40K +556 +4%
LSA
522
L & S Advisors
California
$988K +$964K +13,420 New
CHJWM
523
Carlton Hofferkamp & Jenks Wealth Management
Texas
$985K
FL
524
Fort LP
Maryland
$972K +$821K +11,423 +644%
WPA
525
West Paces Advisors
Georgia
$968K -$31K -432 -3%

PAYX Hedge Fund Activity: Q3 2018 in Review

1,014 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2018, worth a combined $18.7B — up 12% from $16.7B a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new PAYX positions and 40 closed out — a net gain of 53 holders — while 347 added to existing stakes and 393 trimmed.

The largest buyer was Glenmede Trust, adding an estimated $431M. The largest seller was Fidelity Investments, cutting an estimated $120M.

  • 1,014 institutional investors held Paychex (PAYX) as of Q3 2018, up from 969 in Q2 2018.
  • Funds reported $18.7B of Paychex stock for Q3 2018, up 12% quarter-over-quarter.
  • 93 funds opened new Paychex positions in Q3 2018 and 40 closed out, a net change of +53 holders.
  • The largest Paychex buyer in Q3 2018 was Glenmede Trust, an estimated $431M added.
  • The largest Paychex seller in Q3 2018 was Fidelity Investments, an estimated $120M sold.

Based on aggregated 13F filings for Q3 2018.