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Paychex

1,014 hedge funds and large institutions have $18.7B invested in Paychex in 2018 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 347 increasing their positions, 393 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 40

20% more call options, than puts

Call options by funds: $209M | Put options by funds: $174M

12% more capital invested

Capital invested by funds: $16.7B → $18.7B (+$2.04B)

5% more funds holding in top 10

Funds holding in top 10: 2122 (+1)

5% more funds holding

Funds holding: 9691,014 (+45)

2.49% more ownership

Funds ownership: 68.15%70.64% (+2.5%)

12% less repeat investments, than reductions

Existing positions increased: 347 | Existing positions reduced: 393

Holders
1,014
Holders Change
+45
Holders Change %
+4.64%
% of All Funds
23.18%
Holding in Top 10
22
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.76%
% of All Funds
0.5%
New
93
Increased
347
Reduced
393
Closed
40
Calls
$209M
Puts
$174M
Net Calls
+$35M
Net Calls Change
-$3.28M
Name Holding Trade Value Shares
Change
Change in
Stake
WAP
576
Wealthcare Advisory Partners
Pennsylvania
$710K +$647 +9 +0.1%
FBC
577
Fairfield, Bush & Co
Connecticut
$707K
SFSG
578
Stearns Financial Services Group
North Carolina
$704K +$3.38K +47 +0.5%
RWA
579
Ropes Wealth Advisors
Massachusetts
$702K +$99.7K +1,387 +17%
CICI
580
Capital Investment Counsel Inc
North Carolina
$700K
VIM
581
Veritas Investment Management
United Kingdom
$698K
VI
582
Versor Investments
New York
$692K +$676K +9,400 New
BO
583
Bank OZK
Arkansas
$686K -$50.3K -700 -7%
EWM
584
Evercore Wealth Management
New York
$678K +$2.73K +38 +0.4%
ACG
585
Allen Capital Group
Nebraska
$674K -$12.8K -178 -2%
LCM
586
Leisure Capital Management
California
$674K +$7.69K +107 +1%
W
587
Wealthfront
California
$667K -$25.5K -355 -4%
RG
588
Rathbones Group
United Kingdom
$667K
BCP
589
Blue Chip Partners
Michigan
$665K +$1.44K +20 +0.2%
CB
590
Chemical Bank
Michigan
$664K
OC
591
Oppenheimer & Co
New York
$662K -$23.9K -332 -4%
RAM
592
Redmond Asset Management
Virginia
$660K -$7.19K -100 -1%
JFGIW
593
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$655K +$605K +8,424 +1,777%
SOAMC
594
Spirit of America Management Corp
New York
$652K
ZCI
595
Zevenbergen Capital Investments
Washington
$651K -$83.4K -1,160 -12%
Jennison Associates
596
Jennison Associates
New York
$648K +$632K +8,793 New
CRIG
597
Charter Research & Investment Group
Connecticut
$644K
DTL
598
Dynamic Technology Lab
Singapore
$643K +$628K +8,736 New
UH
599
Unigestion Holding
Switzerland
$641K -$105K -1,467 -14%
MSE
600
MUFG Securities EMEA
United Kingdom
$639K +$598K +8,320 +2,324%

PAYX Hedge Fund Activity: Q3 2018 in Review

1,014 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2018, worth a combined $18.7B — up 12% from $16.7B a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new PAYX positions and 40 closed out — a net gain of 53 holders — while 347 added to existing stakes and 393 trimmed.

The largest buyer was Glenmede Trust, adding an estimated $431M. The largest seller was Fidelity Investments, cutting an estimated $120M.

  • 1,014 institutional investors held Paychex (PAYX) as of Q3 2018, up from 969 in Q2 2018.
  • Funds reported $18.7B of Paychex stock for Q3 2018, up 12% quarter-over-quarter.
  • 93 funds opened new Paychex positions in Q3 2018 and 40 closed out, a net change of +53 holders.
  • The largest Paychex buyer in Q3 2018 was Glenmede Trust, an estimated $431M added.
  • The largest Paychex seller in Q3 2018 was Fidelity Investments, an estimated $120M sold.

Based on aggregated 13F filings for Q3 2018.