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Paychex

1,634 hedge funds and large institutions have $40.5B invested in Paychex in 2024 Q4 according to their latest regulatory filings, with 192 funds opening new positions, 586 increasing their positions, 571 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

170% more first-time investments, than exits

New positions opened: 192 | Existing positions closed: 71

50% more funds holding in top 10

Funds holding in top 10: 1624 (+8)

9% more capital invested

Capital invested by funds: $37.1B → $40.5B (+$3.4B)

6% more funds holding

Funds holding: 1,5411,634 (+93)

4% more call options, than puts

Call options by funds: $349M | Put options by funds: $334M

3% more repeat investments, than reductions

Existing positions increased: 586 | Existing positions reduced: 571

0.93% more ownership

Funds ownership: 77.06%77.99% (+0.93%)

Holders
1,634
Holders Change
+93
Holders Change %
+6.04%
% of All Funds
21.52%
Holding in Top 10
24
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+50%
% of All Funds
0.32%
New
192
Increased
586
Reduced
571
Closed
71
Calls
$349M
Puts
$334M
Net Calls
+$14.9M
Net Calls Change
+$79.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Stifel Financial
51
Stifel Financial
Missouri
$115M +$2.49M +17,523 +2%
Franklin Resources
52
Franklin Resources
California
$113M -$27.1M -190,974 -19%
LPL Financial
53
LPL Financial
California
$112M +$9.46M +66,633 +9%
Nordea Investment Management
54
Nordea Investment Management
Sweden
$111M -$91.1M -641,784 -45%
Fidelity Investments
55
Fidelity Investments
Massachusetts
$109M +$4.27M +30,085 +4%
Mawer Investment Management
56
Mawer Investment Management
Alberta, Canada
$108M -$4.26M -29,983 -4%
T. Rowe Price Associates
57
T. Rowe Price Associates
Maryland
$103M +$2.12M +14,931 +2%
TAM
58
Troy Asset Management
United Kingdom
$103M -$25.6M -180,332 -20%
PNC Financial Services Group
59
PNC Financial Services Group
Pennsylvania
$99.7M +$2.28M +16,088 +2%
Canada Life
60
Canada Life
Manitoba, Canada
$92.9M +$23.6M +165,982 +33%
Bank of Montreal
61
Bank of Montreal
Ontario, Canada
$92.9M +$4.03M +28,376 +4%
RhumbLine Advisers
62
RhumbLine Advisers
Massachusetts
$90.4M -$1.31M -9,223 -1%
SLAM
63
Swiss Life Asset Management
$84.7M +$48.3M +340,250 +129%
Nomura Asset Management
64
Nomura Asset Management
Japan
$81.5M +$3.32M +23,359 +4%
Neuberger Berman Group
65
Neuberger Berman Group
New York
$78.4M +$20.7M +145,567 +35%
Norges Bank
66
Norges Bank
Norway
$78.2M -$49.5M -348,805 -38%
AllianceBernstein
67
AllianceBernstein
Tennessee
$77.6M -$68M -478,987 -46%
MHI
68
Miller Howard Investments
New York
$77.4M -$1.08M -7,631 -1%
Citigroup
69
Citigroup
New York
$76.6M -$2.54M -17,884 -3%
California State Teachers Retirement System (CalSTRS)
70
California State Teachers Retirement System (CalSTRS)
California
$76.3M -$3.28M -23,107 -4%
Mitsubishi UFJ Asset Management
71
Mitsubishi UFJ Asset Management
Japan
$74.7M +$5.29M +37,228 +7%
DekaBank Deutsche Girozentrale
72
DekaBank Deutsche Girozentrale
Germany
$69.2M
Mariner
73
Mariner
Kansas
$68.2M +$1.25M +8,780 +2%
ProShare Advisors
74
ProShare Advisors
Maryland
$64.1M +$10.9M +76,410 +20%
WCM
75
Wedge Capital Management
North Carolina
$63.9M +$1.64M +11,578 +3%

PAYX Hedge Fund Activity: Q4 2024 in Review

1,634 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2024, worth a combined $40.5B — up 9.2% from $37.1B a quarter earlier.

Buyers outnumbered sellers: 192 funds opened new PAYX positions and 71 closed out — a net gain of 121 holders — while 586 added to existing stakes and 571 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $357M. The largest seller was JP Morgan Chase, cutting an estimated $341M.

  • 1,634 institutional investors held Paychex (PAYX) as of Q4 2024, up from 1,541 in Q3 2024.
  • Funds reported $40.5B of Paychex stock for Q4 2024, up 9.2% quarter-over-quarter.
  • 192 funds opened new Paychex positions in Q4 2024 and 71 closed out, a net change of +121 holders.
  • The largest Paychex buyer in Q4 2024 was Morgan Stanley, an estimated $357M added.
  • The largest Paychex seller in Q4 2024 was JP Morgan Chase, an estimated $341M sold.

Based on aggregated 13F filings for Q4 2024.