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Paychex

1,036 hedge funds and large institutions have $15.9B invested in Paychex in 2018 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 350 increasing their positions, 396 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more call options, than puts

Call options by funds: $119M | Put options by funds: $55M

36% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 86

5% more funds holding in top 10

Funds holding in top 10: 2223 (+1)

2% more funds holding

Funds holding: 1,0151,036 (+21)

1.74% less ownership

Funds ownership: 70.64%68.91% (-1.7%)

12% less repeat investments, than reductions

Existing positions increased: 350 | Existing positions reduced: 396

15% less capital invested

Capital invested by funds: $18.7B → $15.9B (-$2.83B)

Holders
1,036
Holders Change
+21
Holders Change %
+2.07%
% of All Funds
23.08%
Holding in Top 10
23
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.55%
% of All Funds
0.51%
New
117
Increased
350
Reduced
396
Closed
86
Calls
$119M
Puts
$55M
Net Calls
+$64.4M
Net Calls Change
+$29.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BCP
726
Berkeley Capital Partners
Georgia
$339K +$353K +5,207 New
APP
727
Avantax Planning Partners
Iowa
$338K +$185K +2,738 +112%
BRA
728
Bender Robert & Associates
California
$337K
BIAS
729
Beacon Investment Advisory Services
New Jersey
$333K +$1.42K +21 +0.4%
BRWA
730
B. Riley Wealth Advisors
Florida
$332K -$3.25K -48 -0.9%
CCM
731
Community Capital Management
Florida
$332K +$345K +5,099 New
CFS
732
CRA Financial Services
New Jersey
$328K +$342K +5,042 New
FLPIM
733
F.L. Putnam Investment Management
Massachusetts
$326K +$131K +1,936 +63%
FFSOTS
734
Fiduciary Financial Services of The Southwest
Texas
$325K
AOWM
735
Alpha Omega Wealth Management
Virginia
$324K -$90.2K -1,331 -21%
CAM
736
Cidel Asset Management
Ontario, Canada
$324K
PB
737
Pinnacle Bancorp
Nebraska
$324K +$337K +4,980 New
BAM
738
Blueshift Asset Management
New Jersey
$323K +$335K +4,951 New
TSS
739
Two Sigma Securities
New York
$322K +$86K +1,270 +35%
MHC
740
Meyer Handelman Company
New York
$319K
MFBTD
741
MB Financial Bank - Trust Department
Illinois
$318K +$4.2K +62 +1%
BCM
742
BBT Capital Management
Texas
$318K +$330K +4,875 New
IRF
743
IBM Retirement Fund
New York
$317K -$26.8K -396 -8%
CWM
744
Cabot Wealth Management
Massachusetts
$314K
GCMG
745
Gyroscope Capital Management Group
Florida
$314K +$13.5K +200 +4%
HS
746
HighVista Strategies
Massachusetts
$313K +$325K +4,800 New
TRCT
747
Tower Research Capital (TRC)
New York
$312K -$479K -7,077 -60%
TA
748
TFG Advisers
Michigan
$312K +$324K +4,789 New
ST
749
Smithfield Trust
Pennsylvania
$311K
CTA
750
Chesley Taft & Associates
Illinois
$308K

PAYX Hedge Fund Activity: Q4 2018 in Review

1,036 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2018, worth a combined $15.9B — down 15% from $18.7B a quarter earlier.

Buyers outnumbered sellers: 117 funds opened new PAYX positions and 86 closed out — a net gain of 31 holders — while 350 added to existing stakes and 396 trimmed.

The largest buyer was BlackRock, adding an estimated $106M. The largest seller was American International Group, cutting an estimated $425M.

  • 1,036 institutional investors held Paychex (PAYX) as of Q4 2018, up from 1,015 in Q3 2018.
  • Funds reported $15.9B of Paychex stock for Q4 2018, down 15% quarter-over-quarter.
  • 117 funds opened new Paychex positions in Q4 2018 and 86 closed out, a net change of +31 holders.
  • The largest Paychex buyer in Q4 2018 was BlackRock, an estimated $106M added.
  • The largest Paychex seller in Q4 2018 was American International Group, an estimated $425M sold.

Based on aggregated 13F filings for Q4 2018.