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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
IBOK
526
Independence Bank of Kentucky
Kentucky
$962K +$902K +11,290 +283%
V
527
Veritable
Delaware
$960K +$173K +2,171 +17%
APA
528
American Portfolios Advisors
New York
$959K +$69.7K +872 +6%
SCP
529
Sandhill Capital Partners
New York
$947K +$12.3K +154 +1%
TSS
530
Thomas Story & Son
Indiana
$943K
Macquarie Group
531
Macquarie Group
Australia
$934K +$24K +300 +2%
UAS
532
United Asset Strategies
New York
$933K -$9.35K -117 -0.8%
DC
533
Davenport & Co
Virginia
$932K -$306K -3,832 -21%
DP
534
Dearborn Partners
Illinois
$932K -$105K -1,309 -8%
SPC
535
Sigma Planning Corp
Michigan
$929K +$53K +663 +5%
CP
536
Covenant Partners
Tennessee
$920K -$129K -1,614 -10%
REMPR
537
Roof Eidam Maycock Peralta (REMP)
California
$920K -$20K -250 -2%
CIA
538
Capital Investment Advisors
Georgia
$916K -$35.8K -448 -3%
AIM
539
Anchor Investment Management
South Carolina
$911K +$18.9K +236 +2%
OAM
540
Oppenheimer Asset Management
New York
$910K -$4.63K -58 -0.4%
II
541
Inspire Investing
Idaho
$902K -$95.3K -1,193 -8%
HI
542
Human Investing
Oregon
$892K -$182K -2,275 -14%
KWM
543
Keebeck Wealth Management
Illinois
$887K -$24.3K -304 -2%
HI
544
Horizon Investments
North Carolina
$887K +$408K +5,107 +56%
HFM
545
Hartford Financial Management
Connecticut
$881K -$30.6K -383 -3%
ECAM
546
East Coast Asset Management
Massachusetts
$874K -$373K -4,666 -25%
CA
547
Cetera Advisors
Colorado
$866K +$31.9K +399 +3%
CIC
548
Carnegie Investment Counsel
Ohio
$862K -$6.55K -82 -0.6%
HT
549
Heritage Trust
Oklahoma
$860K +$501K +6,269 +85%
CC
550
Centiva Capital
New York
$860K +$1.06M +13,297 +3,499%

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.