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Paychex

938 hedge funds and large institutions have $15.4B invested in Paychex in 2018 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 315 increasing their positions, 401 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

5% more call options, than puts

Call options by funds: $130M | Put options by funds: $124M

0.75% more ownership

Funds ownership: 68.94%69.69% (+0.75%)

5% less first-time investments, than exits

New positions opened: 79 | Existing positions closed: 83

1% less funds holding

Funds holding: 952938 (-14)

8% less capital invested

Capital invested by funds: $16.8B → $15.4B (-$1.43B)

21% less repeat investments, than reductions

Existing positions increased: 315 | Existing positions reduced: 401

29% less funds holding in top 10

Funds holding in top 10: 2115 (-6)

Holders
938
Holders Change
-14
Holders Change %
-1.47%
% of All Funds
21.5%
Holding in Top 10
15
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-28.57%
% of All Funds
0.34%
New
79
Increased
315
Reduced
401
Closed
83
Calls
$130M
Puts
$124M
Net Calls
+$6.32M
Net Calls Change
-$194M
Name Holding Trade Value Shares
Change
Change in
Stake
EWM
576
Evercore Wealth Management
New York
$565K -$241K -3,650 -28%
HCM
577
Highbridge Capital Management
New York
$559K +$599K +9,064 New
OWD
578
Osborn Williams & Donohoe
Ohio
$557K
IWM
579
IHT Wealth Management
Illinois
$556K +$84.9K +1,285 +16%
BFEC
580
Benjamin F. Edwards & Company
Missouri
$552K -$233K -3,530 -28%
BCP
581
Blue Chip Partners
Michigan
$550K -$68.9K -1,042 -10%
SOAMC
582
Spirit of America Management Corp
New York
$545K
SS
583
Sunbelt Securities
Texas
$545K +$24.4K +369 +4%
PIA
584
Pinion Investment Advisors
Kansas
$542K +$582K +8,805 New
CRIG
585
Charter Research & Investment Group
Connecticut
$539K
DP
586
Dearborn Partners
Illinois
$538K +$14K +212 +2%
W
587
Wealthfront
California
$536K -$56.6K -856 -9%
WS
588
Wedbush Securities
California
$532K -$122K -1,840 -18%
NFA
589
Nuveen Fund Advisors
Illinois
$532K -$110K -1,662 -16%
CPIG
590
Chicago Partners Investment Group
Illinois
$532K -$19.8K -300 -3%
AIM
591
Anchor Investment Management
South Carolina
$530K
SFS
592
Sowell Financial Services
Arkansas
$526K -$46.6K -705 -8%
CK
593
Cohen Klingenstein
New York
$524K
VCA
594
Verdence Capital Advisors
Maryland
$523K -$74.5K -1,127 -12%
MYLI
595
Meiji Yasuda Life Insurance
Japan
$520K +$558K +8,440 New
FIB
596
First Interstate Bank
Montana
$519K +$13K +196 +2%
LW
597
Linscomb Wealth
Texas
$518K -$2.51K -38 -0.5%
PNC
598
Park National Corp
Ohio
$518K +$2.51K +38 +0.5%
DCM
599
Donaldson Capital Management
Indiana
$513K +$40.6K +615 +8%
RAM
600
Redmond Asset Management
Virginia
$512K -$62.8K -950 -10%

PAYX Hedge Fund Activity: Q1 2018 in Review

938 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2018, worth a combined $15.4B — down 8.5% from $16.8B a quarter earlier.

Sellers outnumbered buyers: 83 funds closed out of PAYX and 79 opened new positions — a net loss of 4 holders — while 401 trimmed existing stakes and 315 added.

The largest buyer was Bank of America, adding an estimated $79M. The largest seller was VOYA Investment Management, cutting an estimated $119M.

  • 938 institutional investors held Paychex (PAYX) as of Q1 2018, down from 952 in Q4 2017.
  • Funds reported $15.4B of Paychex stock for Q1 2018, down 8.5% quarter-over-quarter.
  • 79 funds opened new Paychex positions in Q1 2018 and 83 closed out, a net change of -4 holders.
  • The largest Paychex buyer in Q1 2018 was Bank of America, an estimated $79M added.
  • The largest Paychex seller in Q1 2018 was VOYA Investment Management, an estimated $119M sold.

Based on aggregated 13F filings for Q1 2018.