Paychex
PAYX
1,108 hedge funds and large institutions have $20.4B invested in Paychex in 2020 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 398 increasing their positions, 423 reducing their positions, and 60 closing their positions.
75% more call options, than puts
Call options by funds: $159M | Put options by funds: $90.5M
32% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 60
6% more funds holding in top 10
Funds holding in top 10: 17 → 18 (+1)
5% more capital invested
Capital invested by funds: $19.4B → $20.4B (+$1.04B)
1% more funds holding
Funds holding: 1,094 → 1,108 (+14)
0.22% less ownership
Funds ownership: 71.46% → 71.24% (-0.22%)
6% less repeat investments, than reductions
Existing positions increased: 398 | Existing positions reduced: 423
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$409M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$67.2M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$43.4M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$32.4M |
| 5 |
Morgan Stanley
New York
|
+$31.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$150M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
-$146M |
| 3 |
Millennium Management
New York
|
-$52M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$42.9M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$42.6M |
PAYX Hedge Fund Activity: Q3 2020 in Review
1,108 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2020, worth a combined $20.4B — up 5.4% from $19.4B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new PAYX positions and 60 closed out — a net gain of 19 holders — while 398 added to existing stakes and 423 trimmed.
The largest buyer was Capital International Investors, adding an estimated $409M. The largest seller was BlackRock, cutting an estimated $150M.
- 1,108 institutional investors held Paychex (PAYX) as of Q3 2020, up from 1,094 in Q2 2020.
- Funds reported $20.4B of Paychex stock for Q3 2020, up 5.4% quarter-over-quarter.
- 79 funds opened new Paychex positions in Q3 2020 and 60 closed out, a net change of +19 holders.
- The largest Paychex buyer in Q3 2020 was Capital International Investors, an estimated $409M added.
- The largest Paychex seller in Q3 2020 was BlackRock, an estimated $150M sold.
Based on aggregated 13F filings for Q3 2020.