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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
SFS
726
Sowell Financial Services
Arkansas
$339K -$24.3K -338 -7%
PI
727
Putnam Investments
Massachusetts
$338K -$8.05K -112 -2%
AF
728
Advisornet Financial
Minnesota
$338K +$79.3K +1,104 +32%
GCMG
729
Gyroscope Capital Management Group
Florida
$337K +$332K +4,624 New
OC
730
Oarsman Capital
Wisconsin
$331K -$9.7K -135 -3%
TNB
731
Thomasville National Bank
Georgia
$331K -$3.59K -50 -1%
Mackenzie Financial
732
Mackenzie Financial
Ontario, Canada
$329K +$21K +292 +7%
Envestnet Asset Management
733
Envestnet Asset Management
Illinois
$323K -$4.12M -57,361 -93%
PIM
734
Penobscot Investment Management
Massachusetts
$323K
CHA
735
Cooper/Haims Advisors
New York
$322K +$144 +2 +0%
HBT
736
Hills Bank & Trust
Iowa
$322K +$33.1K +461 +12%
NIMI
737
Natixis Investment Managers International
France
$322K +$105K +1,463 +50%
ISB
738
Iowa State Bank
Iowa
$319K
MJP
739
Michael J. Puzo
$317K -$14.4K -200 -4%
GLA
740
Good Life Advisors
Pennsylvania
$315K +$54K +751 +21%
SGCA
741
Steel Grove Capital Advisors
Tennessee
$314K -$28.7K -399 -9%
LIM
742
Leavell Investment Management
Alabama
$314K +$7.19K +100 +2%
KCM
743
Kanawha Capital Management
Virginia
$312K
SIC
744
Schwartz Investment Counsel
Michigan
$309K
IWM
745
IHT Wealth Management
Illinois
$307K -$438K -6,095 -59%
CAPTRUST Financial Advisors
746
CAPTRUST Financial Advisors
North Carolina
$306K -$92.7K -1,290 -24%
SFSIG
747
San Francisco Sentry Investment Group
California
$306K +$2.44K +34 +0.8%
SS
748
Simplicity Solutions
Minnesota
$305K -$426K -5,931 -59%
ABC
749
Associated Banc-Corp
Wisconsin
$305K
GC
750
Grimes & Company
Massachusetts
$302K +$287 +4 +0.1%

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.