Paychex
PAYX
879 hedge funds and large institutions have $14.9B invested in Paychex in 2016 Q4 according to their latest regulatory filings, with 99 funds opening new positions, 308 increasing their positions, 334 reducing their positions, and 48 closing their positions.
132% more call options, than puts
Call options by funds: $168M | Put options by funds: $72.3M
106% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 48
68.31% more ownership
Funds ownership: 0% → 68.31% (+68%)
9% more funds holding in top 10
Funds holding in top 10: 23 → 25 (+2)
5% more funds holding
Funds holding: 840 → 879 (+39)
4% more capital invested
Capital invested by funds: $14.4B → $14.9B (+$566M)
8% less repeat investments, than reductions
Existing positions increased: 308 | Existing positions reduced: 334
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$147M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$123M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$81.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$71.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$48.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$423M |
| 2 |
Bank of New York Mellon
New York
|
-$89.9M |
| 3 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
-$60.6M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$53.1M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$47.4M |
PAYX Hedge Fund Activity: Q4 2016 in Review
879 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2016, worth a combined $14.9B — up 3.9% from $14.4B a quarter earlier.
Buyers outnumbered sellers: 99 funds opened new PAYX positions and 48 closed out — a net gain of 51 holders — while 308 added to existing stakes and 334 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $147M. The largest seller was American International Group, cutting an estimated $423M.
- 879 institutional investors held Paychex (PAYX) as of Q4 2016, up from 840 in Q3 2016.
- Funds reported $14.9B of Paychex stock for Q4 2016, up 3.9% quarter-over-quarter.
- 99 funds opened new Paychex positions in Q4 2016 and 48 closed out, a net change of +51 holders.
- The largest Paychex buyer in Q4 2016 was Fidelity Investments, an estimated $147M added.
- The largest Paychex seller in Q4 2016 was American International Group, an estimated $423M sold.
Based on aggregated 13F filings for Q4 2016.