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Paychex

828 hedge funds and large institutions have $13.3B invested in Paychex in 2016 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 349 increasing their positions, 291 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

86% more call options, than puts

Call options by funds: $136M | Put options by funds: $73.3M

31% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 54

20% more repeat investments, than reductions

Existing positions increased: 349 | Existing positions reduced: 291

1% more funds holding

Funds holding: 820828 (+8)

4% less funds holding in top 10

Funds holding in top 10: 2423 (-1)

16% less capital invested

Capital invested by funds: $15.7B → $13.3B (-$2.47B)

Holders
828
Holders Change
+8
Holders Change %
+0.98%
% of All Funds
22.06%
Holding in Top 10
23
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.17%
% of All Funds
0.61%
New
71
Increased
349
Reduced
291
Closed
54
Calls
$136M
Puts
$73.3M
Net Calls
+$62.9M
Net Calls Change
+$2.85M
Name Holding Trade Value Shares
Change
Change in
Stake
SNT
701
Security National Trust
West Virginia
$221K -$3.53K -70 -2%
CSIC
702
Clifford Swan Investment Counsel
California
$221K
CII
703
Capital International Inc
California
$221K +$20.1K +400 +11%
DW
704
Domani Wealth
Pennsylvania
$219K -$4.68K -93 -2%
BCA
705
Bray Capital Advisors
Florida
$217K -$136K -2,700 -40%
HBT
706
Hills Bank & Trust
Iowa
$217K
BMO
707
Beck Mack & Oliver
New York
$216K
PFS
708
Physicians Financial Services
North Carolina
$216K
WA
709
WBH Advisory
Maryland
$216K +$201 +4 +0.1%
MFBTD
710
MB Financial Bank - Trust Department
Illinois
$216K +$101K +2,000 +100%
IA
711
IFP Advisors
Florida
$214K -$700K -13,892 -84%
Neuberger Berman Group
712
Neuberger Berman Group
New York
$214K -$34.1K -678 -15%
AP
713
Advisor Partners
California
$213K -$98.8K -1,961 -33%
ISB
714
Iowa State Bank
Iowa
$212K
NPC
715
National Planning Corporation
California
$211K -$20.4K -405 -9%
BRWA
716
B. Riley Wealth Advisors
Florida
$211K +$197K +3,906 New
JGUA
717
John G. Ullman & Associates
New York
$207K
BPB
718
Badgley, Phelps & Bell
Washington
$205K
CCM
719
CrestPoint Capital Management
Missouri
$205K
MCWS
720
McKinley Carter Wealth Services
West Virginia
$205K +$192K +3,803 New
WRM
721
Westport Resources Management
Connecticut
$203K
FIM
722
Freedom Investment Management
Connecticut
$202K -$115K -2,291 -38%
BSW
723
Buckingham Strategic Wealth
Missouri
$202K +$188K +3,741 New
DY
724
Dowling & Yahnke
California
$200K +$187K +3,707 New
AW
725
Alpha Windward
Massachusetts
$194K -$1.31K -26 -0.7%

PAYX Hedge Fund Activity: Q1 2016 in Review

828 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2016, worth a combined $13.3B — down 16% from $15.7B a quarter earlier.

Buyers outnumbered sellers: 71 funds opened new PAYX positions and 54 closed out — a net gain of 17 holders — while 349 added to existing stakes and 291 trimmed.

The largest buyer was Royal London Asset Management, adding an estimated $210M. The largest seller was Bank of America, cutting an estimated $536M.

  • 828 institutional investors held Paychex (PAYX) as of Q1 2016, up from 820 in Q4 2015.
  • Funds reported $13.3B of Paychex stock for Q1 2016, down 16% quarter-over-quarter.
  • 71 funds opened new Paychex positions in Q1 2016 and 54 closed out, a net change of +17 holders.
  • The largest Paychex buyer in Q1 2016 was Royal London Asset Management, an estimated $210M added.
  • The largest Paychex seller in Q1 2016 was Bank of America, an estimated $536M sold.

Based on aggregated 13F filings for Q1 2016.