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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
WF
51
Welch & Forbes
Massachusetts
$41.2M -$331K -6,569 -0.9%
EVM
52
Eaton Vance Management
Massachusetts
$41M +$10.5K +208 +0%
BlackRock
53
BlackRock
New York
$40.6M -$7.46M -148,205 -16%
H
54
Hexavest
Quebec, Canada
$37.5M +$1.97M +39,129 +6%
Los Angeles Capital Management
55
Los Angeles Capital Management
California
$37.4M +$60K +1,192 +0.2%
California State Teachers Retirement System (CalSTRS)
56
California State Teachers Retirement System (CalSTRS)
California
$37.4M +$4.43M +88,032 +15%
BIM
57
BlackRock Investment Management
Delaware
$35.8M -$654K -12,976 -2%
DGI
58
Disciplined Growth Investors
Minnesota
$34.6M -$1.2M -23,900 -4%
WRF
59
Waddell & Reed Financial
Kansas
$34M -$4.01M -79,700 -11%
ClearBridge Investments
60
ClearBridge Investments
New York
$33.4M -$173K -3,440 -0.6%
Skandinaviska Enskilda Banken (SEB)
61
Skandinaviska Enskilda Banken (SEB)
Sweden
$33.3M -$165K -3,278 -0.5%
AllianceBernstein
62
AllianceBernstein
Tennessee
$33.2M +$243K +4,831 +0.8%
PPA
63
Parametric Portfolio Associates
Washington
$32M -$925K -18,373 -3%
MAMU
64
Marathon Asset Management (UK)
United Kingdom
$30.7M +$593K +11,771 +2%
RhumbLine Advisers
65
RhumbLine Advisers
Massachusetts
$30.6M +$604K +11,983 +2%
MIS
66
Morningstar Investment Services
Illinois
$30.6M +$3.34M +66,287 +13%
New York State Teachers Retirement System (NYSTRS)
67
New York State Teachers Retirement System (NYSTRS)
New York
$29.7M +$1.71K +34 +0%
JCM
68
Janney Capital Management
Pennsylvania
$29.7M +$335K +6,642 +1%
AI
69
Analytic Investors
California
$29.6M +$25.6M +509,006 +1,303%
William Blair & Company
70
William Blair & Company
Illinois
$29.4M -$63.4K -1,259 -0.2%
Barclays
71
Barclays
United Kingdom
$29.3M +$11.9M +235,922 +77%
PNC Financial Services Group
72
PNC Financial Services Group
Pennsylvania
$29.1M +$2.58M +51,195 +11%
USAA
73
United Services Automobile Association
Texas
$29.1M +$245K +4,865 +0.9%
JP Morgan Chase
74
JP Morgan Chase
New York
$28.7M -$50.5M -1,002,444 -65%
Principal Financial Group
75
Principal Financial Group
Iowa
$28.2M +$1.1M +21,797 +4%

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.