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Paychex

1,036 hedge funds and large institutions have $15.9B invested in Paychex in 2018 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 350 increasing their positions, 396 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more call options, than puts

Call options by funds: $119M | Put options by funds: $55M

36% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 86

5% more funds holding in top 10

Funds holding in top 10: 2223 (+1)

2% more funds holding

Funds holding: 1,0151,036 (+21)

1.74% less ownership

Funds ownership: 70.64%68.91% (-1.7%)

12% less repeat investments, than reductions

Existing positions increased: 350 | Existing positions reduced: 396

15% less capital invested

Capital invested by funds: $18.7B → $15.9B (-$2.83B)

Holders
1,036
Holders Change
+21
Holders Change %
+2.07%
% of All Funds
23.08%
Holding in Top 10
23
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.55%
% of All Funds
0.51%
New
117
Increased
350
Reduced
396
Closed
86
Calls
$119M
Puts
$55M
Net Calls
+$64.4M
Net Calls Change
+$29.4M
Name Holding Trade Value Shares
Change
Change in
Stake
OKSA
651
O'Keefe Stevens Advisory
New York
$471K
FT
652
Fiduciary Trust
Massachusetts
$470K -$5.15K -76 -1%
RBFC
653
Roman Butler Fullerton & Co
Missouri
$470K +$473K +6,978 New
O
654
OppenheimerFunds
New York
$468K -$369K -5,442 -43%
BCM
655
Buckhead Capital Management
Georgia
$465K -$6.43K -95 -1%
HWMG
656
Hurlow Wealth Management Group
Indiana
$465K +$450K +6,641 New
MMA
657
Miracle Mile Advisors
California
$464K +$483K +7,126 New
HK
658
Horizon Kinetics
New York
$463K -$25.1K -370 -5%
GP
659
Geneva Partners
Wisconsin
$459K +$478K +7,050 New
FNC
660
First National Corp
Massachusetts
$459K +$478K +7,051 New
UF
661
Univest Financial
Pennsylvania
$454K +$70.1K +1,035 +17%
FPB
662
First PREMIER Bank
South Dakota
$453K
WCM
663
Weld Capital Management
New York
$452K +$470K +6,939 New
WTB
664
Washington Trust Bank
Washington
$451K -$10.9K -161 -2%
PIA
665
Pinion Investment Advisors
Kansas
$450K -$677 -10 -0.1%
DMC
666
Drexel Morgan & Co
Pennsylvania
$449K
NPF
667
Norris Perne & French
Michigan
$448K
FNBT
668
FineMark National Bank & Trust
Florida
$441K +$21.5K +317 +5%
SBSB
669
Sullivan, Bruyette, Speros & Blaney
Virginia
$439K
LFAS
670
Level Four Advisory Services
Texas
$435K -$239K -3,522 -35%
MWM
671
Mascoma Wealth Management
New Hampshire
$435K +$376K +5,552 +492%
CQS
672
Credential Qtrade Securities
$432K -$4.47K -66 -1%
CSIC
673
Clifford Swan Investment Counsel
California
$429K +$9.82K +145 +2%
MC
674
Machina Capital
France
$425K +$441K +6,516 New
BMC
675
Benin Management Corp
Connecticut
$423K +$67.7K +1,000 +18%

PAYX Hedge Fund Activity: Q4 2018 in Review

1,036 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2018, worth a combined $15.9B — down 15% from $18.7B a quarter earlier.

Buyers outnumbered sellers: 117 funds opened new PAYX positions and 86 closed out — a net gain of 31 holders — while 350 added to existing stakes and 396 trimmed.

The largest buyer was BlackRock, adding an estimated $106M. The largest seller was American International Group, cutting an estimated $425M.

  • 1,036 institutional investors held Paychex (PAYX) as of Q4 2018, up from 1,015 in Q3 2018.
  • Funds reported $15.9B of Paychex stock for Q4 2018, down 15% quarter-over-quarter.
  • 117 funds opened new Paychex positions in Q4 2018 and 86 closed out, a net change of +31 holders.
  • The largest Paychex buyer in Q4 2018 was BlackRock, an estimated $106M added.
  • The largest Paychex seller in Q4 2018 was American International Group, an estimated $425M sold.

Based on aggregated 13F filings for Q4 2018.