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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
PJSIMP
751
P.J. Schmidt Investment Management (PJS)
Wisconsin
$300K +$7.19K +100 +3%
PFS
752
Physicians Financial Services
North Carolina
$299K -$35.9K -500 -11%
P
753
Pitcairn
Pennsylvania
$298K -$7.04K -98 -2%
BMO
754
Beck Mack & Oliver
New York
$298K
PGFC
755
Peapack-Gladstone Financial Corp
New Jersey
$298K +$6.47K +90 +2%
RCAG
756
Rehmann Capital Advisory Group
Michigan
$297K -$27.9K -388 -9%
GIP
757
Greatmark Investment Partners
Georgia
$296K
SNT
758
Security National Trust
West Virginia
$295K
CCMG
759
Clark Capital Management Group
Pennsylvania
$290K +$283K +3,940 New
MPI
760
Mairs & Power Inc
Minnesota
$289K -$27.2K -378 -9%
WA
761
WBH Advisory
Maryland
$289K -$6.9K -96 -2%
DWT
762
Dorsey & Whitney Trust
South Dakota
$288K -$27.2K -378 -9%
JGUA
763
John G. Ullman & Associates
New York
$288K
PAS
764
Professional Advisory Services
Florida
$287K
BIM
765
Bridges Investment Management
Nebraska
$286K
WG
766
Winton Group
United Kingdom
$285K -$223K -3,104 -45%
IBOK
767
Independence Bank of Kentucky
Kentucky
$285K -$173K -2,405 -38%
HCM
768
Hollencrest Capital Management
California
$284K -$7.4K -103 -3%
PMG
769
ProVise Management Group
Florida
$281K
WA
770
Wealth Architects
California
$281K +$274K +3,816 New
CDH
771
Charles D. Hyman
$278K +$1.87K +26 +0.7%
MYIA
772
Mount Yale Investment Advisors
Colorado
$277K +$291K +4,045 New
BPB
773
Badgley, Phelps & Bell
Washington
$276K -$7.19K -100 -3%
NQWM
774
Northwest Quadrant Wealth Management
Oregon
$276K +$1.44K +20 +0.5%
SP
775
Successful Portfolios
Florida
$274K -$10.1K -140 -4%

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.