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Paychex

1,214 hedge funds and large institutions have $23.5B invested in Paychex in 2020 Q4 according to their latest regulatory filings, with 162 funds opening new positions, 434 increasing their positions, 427 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

277% more first-time investments, than exits

New positions opened: 162 | Existing positions closed: 43

66% more call options, than puts

Call options by funds: $215M | Put options by funds: $130M

15% more capital invested

Capital invested by funds: $20.4B → $23.5B (+$3.1B)

10% more funds holding

Funds holding: 1,1081,214 (+106)

2% more repeat investments, than reductions

Existing positions increased: 434 | Existing positions reduced: 427

0% more funds holding in top 10

Funds holding in top 10: 1818 (0)

0.81% less ownership

Funds ownership: 71.24%70.43% (-0.81%)

Holders
1,214
Holders Change
+106
Holders Change %
+9.57%
% of All Funds
21.48%
Holding in Top 10
18
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.32%
New
162
Increased
434
Reduced
427
Closed
43
Calls
$215M
Puts
$130M
Net Calls
+$85.5M
Net Calls Change
+$17.3M
Name Holding Trade Value Shares
Change
Change in
Stake
OAM
626
Optimal Asset Management
California
$877K
BMSSC
627
B. Metzler seel. Sohn & Co
Germany
$875K +$843K +9,498 New
FBFS
628
First Business Financial Services
Wisconsin
$872K +$29.4K +331 +4%
TFS
629
Thoroughbred Financial Services
Tennessee
$871K +$76.4K +860 +10%
WA
630
Wambolt & Associates
Colorado
$868K +$54.9K +618 +7%
HPCM
631
Hunter Perkins Capital Management
Illinois
$862K +$821K +9,250 New
Bank Julius Baer & Co
632
Bank Julius Baer & Co
Switzerland
$839K +$355 +4 +0%
PAM
633
Paradigm Asset Management
New York
$829K +$790K +8,900 New
WPA
634
West Paces Advisors
Georgia
$829K -$5.15K -58 -0.6%
PHK
635
Point72 Hong Kong
Hong Kong
$826K +$787K +8,864 New
CAN
636
Cetera Advisor Networks
California
$824K -$177K -1,993 -18%
SO
637
STRS Ohio
Ohio
$824K -$62.3K -702 -7%
IAA
638
Independent Advisor Alliance
North Carolina
$824K +$36K +406 +5%
HIA
639
Harbor Investment Advisory
Maryland
$818K +$3.55K +40 +0.5%
WANY
640
Wealthspire Advisors (New York)
New York
$817K +$344K +3,870 +79%
KFI
641
Key Financial Inc
Pennsylvania
$816K
KRSITF
642
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$815K +$31K +349 +4%
JFGIW
643
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$813K +$16.9K +190 +2%
FT
644
Fiduciary Trust
Massachusetts
$805K -$191K -2,150 -20%
WAM
645
World Asset Management
Michigan
$805K -$40.7K -458 -5%
FTDI
646
First Trust Direct Indexing
Massachusetts
$802K +$764K +8,605 New
CCT
647
Chemung Canal Trust
New York
$801K -$11.1K -125 -1%
PTC
648
Private Trust Company
Ohio
$795K +$9.86K +111 +1%
SCM
649
Stevens Capital Management
Pennsylvania
$794K +$444K +4,995 +142%
PWM
650
Palumbo Wealth Management
New York
$794K +$757K +8,523 New

PAYX Hedge Fund Activity: Q4 2020 in Review

1,214 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2020, worth a combined $23.5B — up 15% from $20.4B a quarter earlier.

Buyers outnumbered sellers: 162 funds opened new PAYX positions and 43 closed out — a net gain of 119 holders — while 434 added to existing stakes and 427 trimmed.

The largest buyer was Select Equity Group, adding an estimated $159M. The largest seller was Norges Bank, cutting an estimated $102M.

  • 1,214 institutional investors held Paychex (PAYX) as of Q4 2020, up from 1,108 in Q3 2020.
  • Funds reported $23.5B of Paychex stock for Q4 2020, up 15% quarter-over-quarter.
  • 162 funds opened new Paychex positions in Q4 2020 and 43 closed out, a net change of +119 holders.
  • The largest Paychex buyer in Q4 2020 was Select Equity Group, an estimated $159M added.
  • The largest Paychex seller in Q4 2020 was Norges Bank, an estimated $102M sold.

Based on aggregated 13F filings for Q4 2020.