Paychex
PAYX
1,282 hedge funds and large institutions have $28.6B invested in Paychex in 2021 Q3 according to their latest regulatory filings, with 105 funds opening new positions, 449 increasing their positions, 500 reducing their positions, and 45 closing their positions.
133% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 45
83% more call options, than puts
Call options by funds: $215M | Put options by funds: $118M
8% more funds holding in top 10
Funds holding in top 10: 26 → 28 (+2)
6% more capital invested
Capital invested by funds: $27B → $28.6B (+$1.57B)
4% more funds holding
Funds holding: 1,238 → 1,282 (+44)
0.12% less ownership
Funds ownership: 70.68% → 70.57% (-0.12%)
10% less repeat investments, than reductions
Existing positions increased: 449 | Existing positions reduced: 500
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$162M |
| 2 |
Millennium Management
New York
|
+$107M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
+$65.8M |
| 4 |
Two Sigma Advisers
New York
|
+$61.9M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$57.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$188M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$113M |
| 3 |
Bank of New York Mellon
New York
|
-$69.5M |
| 4 |
Select Equity Group
New York
|
-$65.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$61M |
PAYX Hedge Fund Activity: Q3 2021 in Review
1,282 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2021, worth a combined $28.6B — up 5.8% from $27B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new PAYX positions and 45 closed out — a net gain of 60 holders — while 449 added to existing stakes and 500 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $162M. The largest seller was American International Group, cutting an estimated $188M.
- 1,282 institutional investors held Paychex (PAYX) as of Q3 2021, up from 1,238 in Q2 2021.
- Funds reported $28.6B of Paychex stock for Q3 2021, up 5.8% quarter-over-quarter.
- 105 funds opened new Paychex positions in Q3 2021 and 45 closed out, a net change of +60 holders.
- The largest Paychex buyer in Q3 2021 was First Trust Advisors, an estimated $162M added.
- The largest Paychex seller in Q3 2021 was American International Group, an estimated $188M sold.
Based on aggregated 13F filings for Q3 2021.