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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
TCM
751
Teza Capital Management
Illinois
$333K +$423K +5,292 New
MHIC
752
Marble Harbor Investment Counsel
Massachusetts
$332K -$47.9K -600 -10%
BSB
753
Bangor Savings Bank
Maine
$329K +$43.5K +545 +12%
TAM
754
Tocqueville Asset Management
New York
$329K +$44.5K +557 +12%
RTC
755
Riverview Trust Company
Washington
$328K
BRA
756
Bender Robert & Associates
California
$326K
PPW
757
Pasadena Private Wealth
California
$325K
TWI
758
Thomas White International
Illinois
$325K +$412K +5,160 New
VCA
759
Verdence Capital Advisors
Maryland
$323K -$119K -1,492 -23%
NAM
760
NTV Asset Management
West Virginia
$321K -$32K -400 -7%
HBT
761
Hills Bank & Trust
Iowa
$321K -$7.99K -100 -2%
PB
762
Pinnacle Bancorp
Nebraska
$321K
CTC
763
Central Trust Company
Missouri
$320K -$559 -7 -0.1%
SFSIG
764
San Francisco Sentry Investment Group
California
$317K -$39.4K -493 -9%
CAM
765
Cresset Asset Management
Illinois
$315K -$3.27K -41 -0.8%
UF
766
Univest Financial
Pennsylvania
$311K -$28.4K -355 -7%
Koshinski Asset Management
767
Koshinski Asset Management
Illinois
$311K -$4.63K -58 -1%
FHB
768
First Hawaiian Bank
Hawaii
$309K -$145K -1,813 -27%
CA
769
Clearstead Advisors
Ohio
$309K -$59.2K -741 -13%
SBH
770
Segall Bryant & Hamill
Illinois
$309K -$23.9K -299 -6%
KPW
771
Kore Private Wealth
New York
$309K +$40.9K +512 +12%
MHC
772
Meyer Handelman Company
New York
$308K
S
773
SignatureFD
Georgia
$307K -$10.4K -130 -3%
FIM
774
Freedom Investment Management
Connecticut
$305K -$77.8K -974 -22%
TA
775
TFG Advisers
Michigan
$304K -$4.71K -59 -1%

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.