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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
GIA
651
Guyasuta Investment Advisors
Pennsylvania
$476K -$71.9K -1,000 -13%
AA
652
ALPS Advisors
Colorado
$475K -$31.2K -434 -6%
MMPW
653
Mitchell McLeod Pugh & Williams
Alabama
$475K
CSIC
654
Clifford Swan Investment Counsel
California
$474K
CPSAC
655
Chas P. Smith & Associates (CPS)
Florida
$470K -$21.9K -305 -5%
CIA
656
Choate Investment Advisors
Massachusetts
$467K -$39.5K -550 -8%
AOWM
657
Alpha Omega Wealth Management
Virginia
$465K -$3.95K -55 -0.9%
JFA
658
JNBA Financial Advisors
Minnesota
$465K +$454K +6,311 New
SMC
659
Smith, Moore & Co
Missouri
$464K +$33.6K +468 +8%
TTWM
660
TCV Trust & Wealth Management
Virginia
$460K -$32.3K -450 -7%
IA
661
IFG Advisory
Georgia
$460K +$10.1K +140 +2%
WP
662
WealthPLAN Partners
Nebraska
$456K +$14.7K +204 +3%
CCM
663
Carderock Capital Management
Maryland
$454K -$1.51K -21 -0.3%
MA
664
Marshwinds Advisory
Georgia
$452K +$72 +1 +0%
ECM
665
Element Capital Management
New York
$449K -$183K -2,553 -30%
WAM
666
Wealthspire Advisors (Maryland)
Maryland
$448K -$14.9K -207 -3%
FG
667
Fiduciary Group
Georgia
$445K -$14.4K -200 -3%
KRSITF
668
Kentucky Retirement Systems Insurance Trust Fund
Kentucky
$445K +$1.8K +25 +0.4%
BI
669
Bredin Investment
Delaware
$443K
NIT
670
NumerixS Investment Technologies
British Columbia, Canada
$441K -$2.67M -37,166 -86%
DSC
671
Duncker Streett & Co
Missouri
$440K -$34.8K -484 -7%
PFM
672
Parsec Financial Management
North Carolina
$438K -$30.9K -430 -7%
UF
673
Univest Financial
Pennsylvania
$438K -$21.6K -301 -5%
MYLI
674
Meiji Yasuda Life Insurance
Japan
$434K +$40.2K +560 +11%
WA1
675
Wimmer Associates 1
California
$433K -$14.4K -200 -3%

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.