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Paychex

1,075 hedge funds and large institutions have $15.8B invested in Paychex in 2020 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 375 increasing their positions, 458 reducing their positions, and 168 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $133M | Put options by funds: $62.3M

0.45% more ownership

Funds ownership: 69.32%69.77% (+0.45%)

9% less funds holding

Funds holding: 1,1811,075 (-106)

18% less funds holding in top 10

Funds holding in top 10: 1714 (-3)

18% less repeat investments, than reductions

Existing positions increased: 375 | Existing positions reduced: 458

25% less capital invested

Capital invested by funds: $21.1B → $15.8B (-$5.33B)

54% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 168

Holders
1,075
Holders Change
-106
Holders Change %
-8.98%
% of All Funds
23.68%
Holding in Top 10
14
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-17.65%
% of All Funds
0.31%
New
77
Increased
375
Reduced
458
Closed
168
Calls
$133M
Puts
$62.3M
Net Calls
+$70.6M
Net Calls Change
-$33.3M
Name Holding Trade Value Shares
Change
Change in
Stake
AC
501
Alexandria Capital
Virginia
$1.07M -$2K -25 -0.1%
Carson Wealth (CWM LLC)
502
Carson Wealth (CWM LLC)
Nebraska
$1.07M
KPCM
503
Kings Point Capital Management
New York
$1.06M -$86.3K -1,080 -6%
MC
504
Middleton & Co
Massachusetts
$1.05M +$24K +300 +2%
AF
505
Arrow Financial
New York
$1.05M +$76.6K +959 +6%
AFS
506
Access Financial Services
Minnesota
$1.05M -$28.3K -354 -2%
MPPLM
507
Midwest Professional Planners Ltd (MPPL)
Wisconsin
$1.05M +$43.8K +548 +3%
LNWWM
508
Laird Norton Wetherby Wealth Management
California
$1.05M +$192K +2,402 +17%
BBVA
509
Banco Bilbao Vizcaya Argentaria
Spain
$1.04M -$729K -9,129 -35%
NMIMC
510
Northwestern Mutual Investment Management Company
Wisconsin
$1.04M +$336K +4,202 +34%
FCBT
511
First Citizens Bank & Trust
North Carolina
$1.04M +$205K +2,564 +18%
PAM
512
Palisade Asset Management
Minnesota
$1.02M +$47.9K +600 +4%
Wellington Management Group
513
Wellington Management Group
Massachusetts
$1.02M -$777K -9,725 -38%
VAS
514
Vestmark Advisory Solutions
Massachusetts
$1.02M -$277K -3,471 -18%
Daiwa Securities Group
515
Daiwa Securities Group
Japan
$1.01M +$170K +2,123 +15%
SO
516
STRS Ohio
Ohio
$999K -$411K -5,147 -24%
B
517
Barings
North Carolina
$996K +$119K +1,495 +10%
SWP
518
Stratos Wealth Partners
Ohio
$987K +$46.7K +585 +4%
CSM
519
CAMG Solamere Management
North Carolina
$985K +$1.25M +15,660 New
AP
520
Advisors Preferred
Maryland
$978K +$1.24M +15,536 New
LF
521
Lee Financial
Texas
$975K -$98.2K -1,229 -7%
SEC
522
Seven Eight Capital
New York
$975K +$1.24M +15,500 New
Kovitz Investment Group Partners
523
Kovitz Investment Group Partners
Illinois
$971K +$1.23M +15,428 New
CHJWM
524
Carlton Hofferkamp & Jenks Wealth Management
Texas
$968K +$24K +300 +2%
HSA
525
HBK Sorce Advisory
Pennsylvania
$963K -$16.5K -207 -1%

PAYX Hedge Fund Activity: Q1 2020 in Review

1,075 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2020, worth a combined $15.8B — down 25% from $21.1B a quarter earlier.

Sellers outnumbered buyers: 168 funds closed out of PAYX and 77 opened new positions — a net loss of 91 holders — while 458 trimmed existing stakes and 375 added.

The largest buyer was Select Equity Group, adding an estimated $149M. The largest seller was Wells Fargo, cutting an estimated $82.8M.

  • 1,075 institutional investors held Paychex (PAYX) as of Q1 2020, down from 1,181 in Q4 2019.
  • Funds reported $15.8B of Paychex stock for Q1 2020, down 25% quarter-over-quarter.
  • 77 funds opened new Paychex positions in Q1 2020 and 168 closed out, a net change of -91 holders.
  • The largest Paychex buyer in Q1 2020 was Select Equity Group, an estimated $149M added.
  • The largest Paychex seller in Q1 2020 was Wells Fargo, an estimated $82.8M sold.

Based on aggregated 13F filings for Q1 2020.