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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
MAMU
51
Marathon Asset Management (UK)
United Kingdom
$52.6M +$8.24M +114,631 +19%
Nordea Investment Management
52
Nordea Investment Management
Sweden
$52.3M -$6.23M -86,693 -11%
Barclays
53
Barclays
United Kingdom
$50.6M +$12.1M +168,216 +32%
PNC Financial Services Group
54
PNC Financial Services Group
Pennsylvania
$49M +$5.89M +81,890 +14%
Lazard Asset Management
55
Lazard Asset Management
New York
$48M +$7.8M +108,521 +20%
EVM
56
Eaton Vance Management
Massachusetts
$46.3M -$8M -111,272 -15%
DGI
57
Disciplined Growth Investors
Minnesota
$45.4M +$1.53M +21,305 +4%
SAM
58
Sawgrass Asset Management
Florida
$45.2M +$9.4M +130,808 +27%
AAMU
59
Amundi Asset Management US
Massachusetts
$45.2M +$12.7M +177,163 +41%
WF
60
Welch & Forbes
Massachusetts
$45.1M -$406K -5,654 -0.9%
ECM
61
Ensemble Capital Management
California
$44.9M -$1.37M -19,040 -3%
PAMU
62
Pictet Asset Management (UK)
United Kingdom
$44.2M -$3.68M -51,136 -8%
JP Morgan Chase
63
JP Morgan Chase
New York
$42.6M -$20.5M -284,687 -33%
TA
64
Teachers Advisors
New York
$41.5M -$4.69M -65,210 -10%
HSBC Holdings
65
HSBC Holdings
United Kingdom
$39.9M +$6.66M +92,725 +21%
Skandinaviska Enskilda Banken (SEB)
66
Skandinaviska Enskilda Banken (SEB)
Sweden
$39.7M +$33.3M +462,838 +611%
California State Teachers Retirement System (CalSTRS)
67
California State Teachers Retirement System (CalSTRS)
California
$38.9M -$5.46K -76 -0%
Bank of Montreal
68
Bank of Montreal
Ontario, Canada
$38.9M +$8.3M +115,496 +28%
Asset Management One
69
Asset Management One
Japan
$38.7M -$125K -1,743 -0.3%
Principal Financial Group
70
Principal Financial Group
Iowa
$37.3M +$3.07M +42,733 +9%
Man Group
71
Man Group
United Kingdom
$37.1M +$21.7M +301,654 +150%
Baird Financial Group
72
Baird Financial Group
Wisconsin
$36.1M -$1.29M -17,936 -4%
AQR Capital Management
73
AQR Capital Management
Connecticut
$36M +$4.2M +58,372 +14%
GKIM
74
GW&K Investment Management
Massachusetts
$35.8M -$668K -9,288 -2%
Nomura Holdings
75
Nomura Holdings
Japan
$35.2M +$31.1M +432,189 +956%

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.