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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
WC
751
Woodstock Corp
Massachusetts
$308K
VIA
752
Vident Investment Advisory
Georgia
$308K +$1.76K +26 +0.6%
CA
753
Clearstead Advisors
Ohio
$308K +$320K +4,729 New
ACP
754
Ashfield Capital Partners
California
$307K
LA
755
Legacy Advisors
Pennsylvania
$307K
KIM
756
Karpus Investment Management
New York
$303K -$3.12K -46 -1%
PGFC
757
Peapack-Gladstone Financial Corp
New Jersey
$301K +$38.5K +568 +14%
QAM
758
Questar Asset Management
Minnesota
$301K +$312K +4,613 New
CCA
759
Checchi Capital Advisers
California
$298K -$41.7K -615 -12%
MCWS
760
McKinley Carter Wealth Services
West Virginia
$298K -$10.7K -158 -3%
IAA
761
Independent Advisor Alliance
North Carolina
$294K +$77.5K +1,144 +34%
IBOK
762
Independence Bank of Kentucky
Kentucky
$293K +$42.3K +625 +16%
S
763
SignatureFD
Georgia
$291K -$54.9K -811 -15%
TCB
764
Texas Capital Bancshares
Texas
$290K -$18K -265 -6%
MYIA
765
Mount Yale Investment Advisors
Colorado
$290K -$8.74K -129 -3%
OC
766
Oarsman Capital
Wisconsin
$290K -$2.71K -40 -0.9%
IWM
767
IHT Wealth Management
Illinois
$290K +$19.5K +288 +7%
AAS
768
Avantax Advisory Services
Texas
$288K +$300K +4,434 New
PIM
769
Penobscot Investment Management
Massachusetts
$286K
NME
770
Notis-McConarty Edward
$285K -$40.6K -600 -12%
SGCA
771
Steel Grove Capital Advisors
Tennessee
$285K +$8.06K +119 +3%
SS
772
Simplicity Solutions
Minnesota
$285K +$15.2K +225 +5%
ZCA
773
Zeke Capital Advisors
Pennsylvania
$285K +$88.5K +1,306 +42%
ISB
774
Iowa State Bank
Iowa
$282K
FRM
775
Fox Run Management
Connecticut
$281K -$105K -1,556 -27%

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.