Paychex
PAYX
820 hedge funds and large institutions have $15.7B invested in Paychex in 2015 Q4 according to their latest regulatory filings, with 106 funds opening new positions, 309 increasing their positions, 301 reducing their positions, and 40 closing their positions.
165% more first-time investments, than exits
New positions opened: 106 | Existing positions closed: 40
58% more call options, than puts
Call options by funds: $164M | Put options by funds: $104M
26% more funds holding in top 10
Funds holding in top 10: 19 → 24 (+5)
8% more funds holding
Funds holding: 761 → 820 (+59)
5% more capital invested
Capital invested by funds: $14.9B → $15.7B (+$772M)
3% more repeat investments, than reductions
Existing positions increased: 309 | Existing positions reduced: 301
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
+$324M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$96.9M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$34.4M |
| 4 |
Select Equity Group
New York
|
+$33.1M |
| 5 |
Morgan Stanley
New York
|
+$29.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$191M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$157M |
| 3 |
Bank of New York Mellon
New York
|
-$75.7M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$58M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
-$37.1M |
PAYX Hedge Fund Activity: Q4 2015 in Review
820 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2015, worth a combined $15.7B — up 5.2% from $14.9B a quarter earlier.
Buyers outnumbered sellers: 106 funds opened new PAYX positions and 40 closed out — a net gain of 66 holders — while 309 added to existing stakes and 301 trimmed.
The largest buyer was American International Group, adding an estimated $324M. The largest seller was Bank of America, cutting an estimated $191M.
- 820 institutional investors held Paychex (PAYX) as of Q4 2015, up from 761 in Q3 2015.
- Funds reported $15.7B of Paychex stock for Q4 2015, up 5.2% quarter-over-quarter.
- 106 funds opened new Paychex positions in Q4 2015 and 40 closed out, a net change of +66 holders.
- The largest Paychex buyer in Q4 2015 was American International Group, an estimated $324M added.
- The largest Paychex seller in Q4 2015 was Bank of America, an estimated $191M sold.
Based on aggregated 13F filings for Q4 2015.