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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
FDCDDQ
601
Federation des caisses Desjardins du Quebec
Quebec, Canada
$672K +$82.9K +1,038 +11%
AP
602
Advisor Partners
California
$671K -$111K -1,387 -11%
RIA
603
Realta Investment Advisors
Delaware
$660K -$253K -3,167 -23%
GP
604
Geneva Partners
Wisconsin
$659K +$164K +2,048 +24%
EH
605
Employers Holdings
Nevada
$647K -$45.5K -570 -5%
BFS
606
Bradley Foster & Sargent
Connecticut
$645K -$63.9K -800 -7%
OFS
607
Orrstown Financial Services
Pennsylvania
$644K +$22.8K +286 +3%
ECM
608
Everence Capital Management
Indiana
$642K
SVWAG
609
Sound View Wealth Advisors Group
Georgia
$641K +$3.6K +45 +0.4%
CCT
610
Chemung Canal Trust
New York
$636K -$15.5K -194 -2%
CICI
611
Capital Investment Counsel Inc
North Carolina
$635K +$116K +1,450 +17%
FT
612
Fiduciary Trust
Massachusetts
$634K +$195K +2,439 +32%
EWM
613
Evercore Wealth Management
New York
$629K -$6.07K -76 -0.8%
CCT
614
Country Club Trust
Missouri
$624K -$4.17M -52,169 -84%
AIL
615
AGF Investments LLC
Ontario, Canada
$624K -$9.51K -119 -1%
AWM
616
Absher Wealth Management
North Carolina
$624K +$391K +4,895 +97%
HS
617
Haafor (Singapore)
Singapore
$620K +$787K +9,851 New
OCG
618
Opus Capital Group
Ohio
$617K -$69.3K -868 -8%
BOH
619
Bank of Hawaii
Hawaii
$617K +$77.7K +973 +11%
FBC
620
Fairfield, Bush & Co
Connecticut
$613K
GP
621
Girard Partners
Pennsylvania
$609K +$281K +3,519 +57%
KRSITF
622
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$608K +$169K +2,111 +28%
WIS
623
Wright Investors Service
Connecticut
$607K +$21.1K +264 +3%
RCA
624
Ranch Capital Advisors
Florida
$606K +$94.4K +1,182 +14%
DCM
625
Dupont Capital Management
Delaware
$605K +$238K +2,975 +45%

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.