Paychex
PAYX
1,528 hedge funds and large institutions have $33.1B invested in Paychex in 2024 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 536 increasing their positions, 602 reducing their positions, and 77 closing their positions.
136% more call options, than puts
Call options by funds: $303M | Put options by funds: $128M
45% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 77
1% more funds holding
Funds holding: 1,506 → 1,528 (+22)
4% more capital invested
Capital invested by funds: $32B → $33.1B (+$1.13B)
0.38% more ownership
Funds ownership: 74.66% → 75.04% (+0.38%)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
11% less repeat investments, than reductions
Existing positions increased: 536 | Existing positions reduced: 602
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$288M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$280M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$183M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$96.3M |
| 5 |
JP Morgan Chase
New York
|
+$95.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$431M |
| 2 |
Morgan Stanley
New York
|
-$422M |
| 3 |
Barclays
London,
United Kingdom
|
-$108M |
| 4 |
Holocene Advisors
New York
|
-$103M |
| 5 |
Select Equity Group
New York
|
-$94.9M |
PAYX Hedge Fund Activity: Q1 2024 in Review
1,528 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2024, worth a combined $33.1B — up 3.5% from $32B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new PAYX positions and 77 closed out — a net gain of 35 holders — while 536 added to existing stakes and 602 trimmed.
The largest buyer was Capital International Investors, adding an estimated $288M. The largest seller was Fidelity Investments, cutting an estimated $431M.
- 1,528 institutional investors held Paychex (PAYX) as of Q1 2024, up from 1,506 in Q4 2023.
- Funds reported $33.1B of Paychex stock for Q1 2024, up 3.5% quarter-over-quarter.
- 112 funds opened new Paychex positions in Q1 2024 and 77 closed out, a net change of +35 holders.
- The largest Paychex buyer in Q1 2024 was Capital International Investors, an estimated $288M added.
- The largest Paychex seller in Q1 2024 was Fidelity Investments, an estimated $431M sold.
Based on aggregated 13F filings for Q1 2024.