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Paychex

1,075 hedge funds and large institutions have $15.8B invested in Paychex in 2020 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 375 increasing their positions, 458 reducing their positions, and 168 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $133M | Put options by funds: $62.3M

0.45% more ownership

Funds ownership: 69.32%69.77% (+0.45%)

9% less funds holding

Funds holding: 1,1811,075 (-106)

18% less funds holding in top 10

Funds holding in top 10: 1714 (-3)

18% less repeat investments, than reductions

Existing positions increased: 375 | Existing positions reduced: 458

25% less capital invested

Capital invested by funds: $21.1B → $15.8B (-$5.33B)

54% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 168

Holders
1,075
Holders Change
-106
Holders Change %
-8.98%
% of All Funds
23.68%
Holding in Top 10
14
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-17.65%
% of All Funds
0.31%
New
77
Increased
375
Reduced
458
Closed
168
Calls
$133M
Puts
$62.3M
Net Calls
+$70.6M
Net Calls Change
-$33.3M
Name Holding Trade Value Shares
Change
Change in
Stake
FG
726
Fiduciary Group
Georgia
$366K +$22.4K +281 +5%
CIA
727
Choate Investment Advisors
Massachusetts
$364K
NL
728
NVWM LLC
Pennsylvania
$363K -$318K -3,975 -41%
MA
729
MANA Advisors
New York
$363K +$109K +1,367 +31%
DWM
730
Dakota Wealth Management
Florida
$361K -$4.93M -61,671 -91%
RBFC
731
Roman Butler Fullerton & Co
Missouri
$361K -$89.4K -1,119 -16%
VWM
732
Venturi Wealth Management
Texas
$360K +$99.1K +1,240 +28%
JG
733
Jefferies Group
New York
$357K -$1.94M -24,235 -81%
TFS
734
Thoroughbred Financial Services
Tennessee
$356K +$452K +5,663 New
DSC
735
Duncker Streett & Co
Missouri
$355K +$799 +10 +0.2%
WAM
736
Wealthspire Advisors (Maryland)
Maryland
$354K -$86.8K -1,087 -16%
IWS
737
Insight Wealth Strategies
California
$354K +$46.7K +584 +12%
IC
738
IEQ Capital
California
$354K +$58.1K +727 +15%
OFG
739
OmniStar Financial Group
North Carolina
$351K -$594K -7,433 -57%
SAM
740
Seelaus Asset Management
New Jersey
$350K -$160K -2,000 -26%
TTWM
741
TCV Trust & Wealth Management
Virginia
$350K
VHAM
742
Van Hulzen Asset Management
California
$349K +$444K +5,554 New
SXL
743
Summit X LLC
Missouri
$346K -$13.2K -165 -3%
BRWA
744
B. Riley Wealth Advisors
Florida
$345K +$64.1K +802 +17%
FPB
745
First PREMIER Bank
South Dakota
$342K -$13.2K -165 -3%
CG
746
Carmignac Gestion
France
$342K +$79.8K +999 +23%
HH
747
Hilltop Holdings
Texas
$341K +$94.8K +1,187 +28%
BG
748
Bellevue Group
Switzerland
$340K
PWLP
749
Prio Wealth Limited Partnership
Massachusetts
$338K -$87.9K -1,100 -17%
CPSAC
750
Chas P. Smith & Associates (CPS)
Florida
$336K -$18K -225 -4%

PAYX Hedge Fund Activity: Q1 2020 in Review

1,075 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2020, worth a combined $15.8B — down 25% from $21.1B a quarter earlier.

Sellers outnumbered buyers: 168 funds closed out of PAYX and 77 opened new positions — a net loss of 91 holders — while 458 trimmed existing stakes and 375 added.

The largest buyer was Select Equity Group, adding an estimated $149M. The largest seller was Wells Fargo, cutting an estimated $82.8M.

  • 1,075 institutional investors held Paychex (PAYX) as of Q1 2020, down from 1,181 in Q4 2019.
  • Funds reported $15.8B of Paychex stock for Q1 2020, down 25% quarter-over-quarter.
  • 77 funds opened new Paychex positions in Q1 2020 and 168 closed out, a net change of -91 holders.
  • The largest Paychex buyer in Q1 2020 was Select Equity Group, an estimated $149M added.
  • The largest Paychex seller in Q1 2020 was Wells Fargo, an estimated $82.8M sold.

Based on aggregated 13F filings for Q1 2020.