Paychex
PAYX
1,103 hedge funds and large institutions have $20.7B invested in Paychex in 2019 Q3 according to their latest regulatory filings, with 79 funds opening new positions, 415 increasing their positions, 395 reducing their positions, and 73 closing their positions.
186% more call options, than puts
Call options by funds: $183M | Put options by funds: $63.9M
8% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 73
5% more repeat investments, than reductions
Existing positions increased: 415 | Existing positions reduced: 395
0% more funds holding
Funds holding: 1,101 → 1,103 (+2)
0% less capital invested
Capital invested by funds: $20.8B → $20.7B (-$23.1M)
0.34% less ownership
Funds ownership: 70.65% → 70.31% (-0.34%)
27% less funds holding in top 10
Funds holding in top 10: 26 → 19 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$116M |
| 2 |
Two Sigma Investments
New York
|
+$65.3M |
| 3 |
Renaissance Technologies
New York
|
+$50.3M |
| 4 |
Two Sigma Advisers
New York
|
+$49.4M |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$46.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$177M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$110M |
| 3 |
Bank of New York Mellon
New York
|
-$69M |
| 4 |
Barclays
London,
United Kingdom
|
-$50.8M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$48.5M |
PAYX Hedge Fund Activity: Q3 2019 in Review
1,103 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2019, worth a combined $20.7B — down 0.11% from $20.8B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new PAYX positions and 73 closed out — a net gain of 6 holders — while 415 added to existing stakes and 395 trimmed.
The largest buyer was BlackRock, adding an estimated $116M. The largest seller was Bank of America, cutting an estimated $177M.
- 1,103 institutional investors held Paychex (PAYX) as of Q3 2019, up from 1,101 in Q2 2019.
- Funds reported $20.7B of Paychex stock for Q3 2019, down 0.11% quarter-over-quarter.
- 79 funds opened new Paychex positions in Q3 2019 and 73 closed out, a net change of +6 holders.
- The largest Paychex buyer in Q3 2019 was BlackRock, an estimated $116M added.
- The largest Paychex seller in Q3 2019 was Bank of America, an estimated $177M sold.
Based on aggregated 13F filings for Q3 2019.