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Paychex

828 hedge funds and large institutions have $13.3B invested in Paychex in 2016 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 349 increasing their positions, 291 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $136M | Put options by funds: $73.3M

31% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 54

20% more repeat investments, than reductions

Existing positions increased: 349 | Existing positions reduced: 291

1% more funds holding

Funds holding: 820828 (+8)

4% less funds holding in top 10

Funds holding in top 10: 2423 (-1)

16% less capital invested

Capital invested by funds: $15.7B → $13.3B (-$2.47B)

Holders
828
Holders Change
+8
Holders Change %
+0.98%
% of All Funds
22.06%
Holding in Top 10
23
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.17%
% of All Funds
0.61%
New
71
Increased
349
Reduced
291
Closed
54
Calls
$136M
Puts
$73.3M
Net Calls
+$62.9M
Net Calls Change
+$2.85M
Name Holding Trade Value Shares
Change
Change in
Stake
Luther King Capital Management (LKCM)
651
Luther King Capital Management (LKCM)
Texas
$290K -$38.2K -758 -12%
GC
652
Grimes & Company
Massachusetts
$290K -$19.9K -396 -7%
GCA
653
Greenwood Capital Associates
South Carolina
$290K +$504 +10 +0.2%
WC
654
Woodstock Corp
Massachusetts
$288K
VRS
655
Virginia Retirement System
Virginia
$284K +$265K +5,261 New
Verition Fund Management
656
Verition Fund Management
Connecticut
$283K +$264K +5,246 New
CCM
657
Carderock Capital Management
Maryland
$281K -$50.4K -1,000 -16%
BCP
658
Blue Chip Partners
Michigan
$280K +$58K +1,151 +29%
WBG
659
Wharton Business Group
Pennsylvania
$278K -$126K -2,510 -33%
CIC
660
Carnegie Investment Counsel
Ohio
$278K
PJSIMP
661
P.J. Schmidt Investment Management (PJS)
Wisconsin
$278K +$259K +5,145 New
KIM
662
Karpus Investment Management
New York
$276K
OIA
663
Optimum Investment Advisors
Illinois
$275K
DCM
664
Dynamic Capital Management
Jersey
$274K +$256K +5,073 New
IC
665
Intersect Capital
California
$272K +$254K +5,044 New
F
666
Filament
Washington
$270K -$50.4K -1,000 -17%
FFSOTS
667
Fiduciary Financial Services of The Southwest
Texas
$269K
FMLI
668
Fukoku Mutual Life Insurance
Japan
$265K
MHC
669
Meyer Handelman Company
New York
$265K
IWMPD
670
Integrated Wealth Management (Palm Desert)
California
$261K +$53.5K +1,063 +28%
BCM
671
Brookstone Capital Management
Illinois
$260K -$47.1K -936 -16%
KWMG
672
King Wealth Management Group
Florida
$259K
RGC
673
Roberts, Glore & Co
Illinois
$259K +$5.04K +100 +2%
HB
674
Homrich & Berg
Georgia
$258K -$132K -2,625 -35%
PIM
675
Penobscot Investment Management
Massachusetts
$258K -$16.1K -320 -6%

PAYX Hedge Fund Activity: Q1 2016 in Review

828 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2016, worth a combined $13.3B — down 16% from $15.7B a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new PAYX positions and 54 closed out — a net gain of 17 holders — while 349 added to existing stakes and 291 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $210M. The largest seller was Bank of America, cutting an estimated $536M.

  • 828 institutional investors held Paychex (PAYX) as of Q1 2016, up from 820 in Q4 2015.
  • Funds reported $13.3B of Paychex stock for Q1 2016, down 16% quarter-over-quarter.
  • 71 funds opened new Paychex positions in Q1 2016 and 54 closed out, a net change of +17 holders.
  • The largest Paychex buyer in Q1 2016 was Royal London Asset Management, an estimated $210M added.
  • The largest Paychex seller in Q1 2016 was Bank of America, an estimated $536M sold.

Based on aggregated 13F filings for Q1 2016.