Paychex
PAYX
829 hedge funds and large institutions have $13.3B invested in Paychex in 2016 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 349 increasing their positions, 291 reducing their positions, and 54 closing their positions.
86% more call options, than puts
Call options by funds: $136M | Put options by funds: $73.3M
31% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 54
20% more repeat investments, than reductions
Existing positions increased: 349 | Existing positions reduced: 291
1% more funds holding
Funds holding: 821 → 829 (+8)
4% less funds holding in top 10
Funds holding in top 10: 24 → 23 (-1)
16% less capital invested
Capital invested by funds: $15.7B → $13.3B (-$2.47B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
+$210M |
| 2 |
Select Equity Group
New York
|
+$88.9M |
| 3 |
Millennium Management
New York
|
+$53M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$48.5M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$38.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$536M |
| 2 |
JP Morgan Chase
New York
|
-$50.5M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$18.8M |
| 4 |
CPC
Cookson Peirce & Co
Pittsburgh,
Pennsylvania
|
-$17.4M |
| 5 |
FAF
Första AP-fonden
Stockholm,
Sweden
|
-$16.1M |
PAYX Hedge Fund Activity: Q1 2016 in Review
829 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2016, worth a combined $13.3B — down 16% from $15.7B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new PAYX positions and 54 closed out — a net gain of 17 holders — while 349 added to existing stakes and 291 trimmed.
The largest buyer was Royal London Asset Management, adding an estimated $210M. The largest seller was Bank of America, cutting an estimated $536M.
- 829 institutional investors held Paychex (PAYX) as of Q1 2016, up from 821 in Q4 2015.
- Funds reported $13.3B of Paychex stock for Q1 2016, down 16% quarter-over-quarter.
- 71 funds opened new Paychex positions in Q1 2016 and 54 closed out, a net change of +17 holders.
- The largest Paychex buyer in Q1 2016 was Royal London Asset Management, an estimated $210M added.
- The largest Paychex seller in Q1 2016 was Bank of America, an estimated $536M sold.
Based on aggregated 13F filings for Q1 2016.