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Paychex

1,075 hedge funds and large institutions have $15.8B invested in Paychex in 2020 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 375 increasing their positions, 458 reducing their positions, and 168 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $133M | Put options by funds: $62.3M

0.45% more ownership

Funds ownership: 69.32%69.77% (+0.45%)

9% less funds holding

Funds holding: 1,1811,075 (-106)

18% less funds holding in top 10

Funds holding in top 10: 1714 (-3)

18% less repeat investments, than reductions

Existing positions increased: 375 | Existing positions reduced: 458

25% less capital invested

Capital invested by funds: $21.1B → $15.8B (-$5.33B)

54% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 168

Holders
1,075
Holders Change
-106
Holders Change %
-8.98%
% of All Funds
23.68%
Holding in Top 10
14
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-17.65%
% of All Funds
0.31%
New
77
Increased
375
Reduced
458
Closed
168
Calls
$133M
Puts
$62.3M
Net Calls
+$70.6M
Net Calls Change
-$33.3M
Name Holding Trade Value Shares
Change
Change in
Stake
SS
676
Sunbelt Securities
Texas
$459K -$502K -6,284 -46%
GA
677
Greytown Advisors
Florida
$456K -$372K -4,655 -39%
DIM
678
DC Investments Management
Virginia
$456K +$49.4K +618 +9%
NFC
679
Northeast Financial Consultants
Connecticut
$453K
ABC
680
Associated Banc-Corp
Wisconsin
$453K +$196K +2,454 +52%
PNC
681
Park National Corp
Ohio
$452K -$5.03K -63 -0.9%
CEP
682
Chicago Equity Partners
Illinois
$450K +$571K +7,150 New
TNB
683
TCF National Bank
South Dakota
$446K -$3.99K -50 -0.7%
AAM
684
Aureus Asset Management
Massachusetts
$445K
FAN
685
Financial Advisors Network
California
$444K -$1.39M -17,402 -71%
BHWM
686
Bar Harbor Wealth Management
New Hampshire
$443K -$66.4K -831 -11%
CFGS
687
Concourse Financial Group Securities
Alabama
$437K +$46.4K +581 +9%
AWM
688
Avitas Wealth Management
California
$435K -$214K -2,678 -28%
BCA
689
Bay Colony Advisors
Massachusetts
$434K +$309K +3,869 +128%
FIB
690
First Interstate Bank
Montana
$429K +$799 +10 +0.1%
PAMG
691
Patton Albertson Miller Group
Tennessee
$428K +$105K +1,310 +24%
AWM
692
Aevitas Wealth Management
Massachusetts
$425K -$77K -964 -12%
CDH
693
Charles D. Hyman
$425K -$12.3K -154 -2%
BSW
694
Buckingham Strategic Wealth
Missouri
$423K -$106K -1,328 -16%
MMPW
695
Mitchell McLeod Pugh & Williams
Alabama
$419K
HWMG
696
Hurlow Wealth Management Group
Indiana
$415K
PP
697
Patten & Patten
Tennessee
$411K -$37.9K -475 -7%
GIA
698
Guyasuta Investment Advisors
Pennsylvania
$407K
DMC
699
Drexel Morgan & Co
Pennsylvania
$402K -$40.3K -505 -7%
CSIC
700
Clifford Swan Investment Counsel
California
$401K

PAYX Hedge Fund Activity: Q1 2020 in Review

1,075 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2020, worth a combined $15.8B — down 25% from $21.1B a quarter earlier.

Sellers outnumbered buyers: 168 funds closed out of PAYX and 77 opened new positions — a net loss of 91 holders — while 458 trimmed existing stakes and 375 added.

The largest buyer was Select Equity Group, adding an estimated $149M. The largest seller was Wells Fargo, cutting an estimated $82.8M.

  • 1,075 institutional investors held Paychex (PAYX) as of Q1 2020, down from 1,181 in Q4 2019.
  • Funds reported $15.8B of Paychex stock for Q1 2020, down 25% quarter-over-quarter.
  • 77 funds opened new Paychex positions in Q1 2020 and 168 closed out, a net change of -91 holders.
  • The largest Paychex buyer in Q1 2020 was Select Equity Group, an estimated $149M added.
  • The largest Paychex seller in Q1 2020 was Wells Fargo, an estimated $82.8M sold.

Based on aggregated 13F filings for Q1 2020.