Paychex
PAYX
1,416 hedge funds and large institutions have $29.2B invested in Paychex in 2023 Q2 according to their latest regulatory filings, with 105 funds opening new positions, 513 increasing their positions, 519 reducing their positions, and 107 closing their positions.
50% more call options, than puts
Call options by funds: $184M | Put options by funds: $122M
0.61% less ownership
Funds ownership: 73.13% → 72.51% (-0.61%)
1% less funds holding
Funds holding: 1,429 → 1,416 (-13)
1% less repeat investments, than reductions
Existing positions increased: 513 | Existing positions reduced: 519
2% less first-time investments, than exits
New positions opened: 105 | Existing positions closed: 107
3% less capital invested
Capital invested by funds: $30.2B → $29.2B (-$915M)
25% less funds holding in top 10
Funds holding in top 10: 24 → 18 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$465M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$78.8M |
| 3 |
Two Sigma Advisers
New York
|
+$68.1M |
| 4 |
Two Sigma Investments
New York
|
+$66.7M |
| 5 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$54.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$494M |
| 2 |
BlackRock
New York
|
-$426M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$118M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$83.1M |
| 5 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
-$59.5M |
PAYX Hedge Fund Activity: Q2 2023 in Review
1,416 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q2 2023, worth a combined $29.2B — down 3% from $30.2B a quarter earlier.
Sellers outnumbered buyers: 107 funds closed out of PAYX and 105 opened new positions — a net loss of 2 holders — while 519 trimmed existing stakes and 513 added.
The largest buyer was Capital International Investors, adding an estimated $465M. The largest seller was Bank of America, cutting an estimated $494M.
- 1,416 institutional investors held Paychex (PAYX) as of Q2 2023, down from 1,429 in Q1 2023.
- Funds reported $29.2B of Paychex stock for Q2 2023, down 3% quarter-over-quarter.
- 105 funds opened new Paychex positions in Q2 2023 and 107 closed out, a net change of -2 holders.
- The largest Paychex buyer in Q2 2023 was Capital International Investors, an estimated $465M added.
- The largest Paychex seller in Q2 2023 was Bank of America, an estimated $494M sold.
Based on aggregated 13F filings for Q2 2023.