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Paychex

1,014 hedge funds and large institutions have $18.7B invested in Paychex in 2018 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 347 increasing their positions, 393 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 40

20% more call options, than puts

Call options by funds: $209M | Put options by funds: $174M

12% more capital invested

Capital invested by funds: $16.7B → $18.7B (+$2.04B)

5% more funds holding in top 10

Funds holding in top 10: 2122 (+1)

5% more funds holding

Funds holding: 9691,014 (+45)

2.49% more ownership

Funds ownership: 68.15%70.64% (+2.5%)

12% less repeat investments, than reductions

Existing positions increased: 347 | Existing positions reduced: 393

Holders
1,014
Holders Change
+45
Holders Change %
+4.64%
% of All Funds
23.18%
Holding in Top 10
22
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.76%
% of All Funds
0.5%
New
93
Increased
347
Reduced
393
Closed
40
Calls
$209M
Puts
$174M
Net Calls
+$35M
Net Calls Change
-$3.28M
Name Holding Trade Value Shares
Change
Change in
Stake
OC
701
Oakworth Capital
Alabama
$380K -$1.87K -26 -0.5%
BRWA
702
B. Riley Wealth Advisors
Florida
$379K +$3.95K +55 +1%
Fisher Asset Management
703
Fisher Asset Management
Washington
$376K +$367K +5,112 New
BIAS
704
Beacon Investment Advisory Services
New Jersey
$375K
SBH
705
Segall Bryant & Hamill
Illinois
$374K -$78K -1,085 -18%
SWM
706
SeaCrest Wealth Management
New York
$373K +$144 +2 +0%
WCM
707
Weatherstone Capital Management
Colorado
$371K +$18K +251 +5%
FFSOTS
708
Fiduciary Financial Services of The Southwest
Texas
$368K
CAM
709
Cidel Asset Management
Ontario, Canada
$367K -$101K -1,412 -22%
NME
710
Notis-McConarty Edward
$367K
MHC
711
Meyer Handelman Company
New York
$361K
CWM
712
Cabot Wealth Management
Massachusetts
$355K
MFBTD
713
MB Financial Bank - Trust Department
Illinois
$355K
ST
714
Smithfield Trust
Pennsylvania
$351K +$7.04K +98 +2%
CTA
715
Chesley Taft & Associates
Illinois
$349K
MCWS
716
McKinley Carter Wealth Services
West Virginia
$349K +$2.73K +38 +0.8%
WC
717
Woodstock Corp
Massachusetts
$348K -$18K -250 -5%
VIA
718
Vident Investment Advisory
Georgia
$347K -$78.3K -1,089 -19%
ACP
719
Ashfield Capital Partners
California
$347K
TCB
720
Texas Capital Bancshares
Texas
$347K
LA
721
Legacy Advisors
Pennsylvania
$347K +$284K +3,950 +520%
TFA
722
Transamerica Financial Advisors
Florida
$346K -$6.47K -90 -2%
KIM
723
Karpus Investment Management
New York
$345K
RI
724
Ridgewood Investments
New Jersey
$343K
ALIONA
725
Allianz Life Insurance of North America
Minnesota
$340K +$9.7K +135 +3%

PAYX Hedge Fund Activity: Q3 2018 in Review

1,014 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2018, worth a combined $18.7B — up 12% from $16.7B a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new PAYX positions and 40 closed out — a net gain of 53 holders — while 347 added to existing stakes and 393 trimmed.

The largest buyer was Glenmede Trust, adding an estimated $431M. The largest seller was Fidelity Investments, cutting an estimated $120M.

  • 1,014 institutional investors held Paychex (PAYX) as of Q3 2018, up from 969 in Q2 2018.
  • Funds reported $18.7B of Paychex stock for Q3 2018, up 12% quarter-over-quarter.
  • 93 funds opened new Paychex positions in Q3 2018 and 40 closed out, a net change of +53 holders.
  • The largest Paychex buyer in Q3 2018 was Glenmede Trust, an estimated $431M added.
  • The largest Paychex seller in Q3 2018 was Fidelity Investments, an estimated $120M sold.

Based on aggregated 13F filings for Q3 2018.