Paychex
PAYX
752 hedge funds and large institutions have $25.8B invested in Paychex in 2014 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 300 increasing their positions, 254 reducing their positions, and 33 closing their positions.
213% more call options, than puts
Call options by funds: $176M | Put options by funds: $56.3M
194% more first-time investments, than exits
New positions opened: 97 | Existing positions closed: 33
141% more capital invested
Capital invested by funds: $10.7B → $25.8B (+$15.1B)
18% more repeat investments, than reductions
Existing positions increased: 300 | Existing positions reduced: 254
8% more funds holding
Funds holding: 696 → 752 (+56)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$95.2M |
| 2 |
CC
Carlson Capital
Dallas,
Texas
|
+$63.8M |
| 3 |
Morgan Stanley
New York
|
+$44.8M |
| 4 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$32.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$29.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$277M |
| 2 |
AIG
American International Group
New York
|
-$265M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$245M |
| 4 |
Bank of New York Mellon
New York
|
-$139M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
776
Prelude Capital Management
New York
| – | -$102K | -2,310 | Closed |
|
|
PTC
777
Private Trust Company
Cleveland,
Ohio
| – | -$98K | -2,212 | Closed |
|
|
SFSIG
778
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$71K | -1,605 | Closed |
|
|
LBG
779
Lloyds Banking Group
London,
United Kingdom
| – | -$63K | -1,429 | Closed |
|
780
Group One Trading
Chicago,
Illinois
| – | -$39.9K | -863 | Closed |
|
|
MAS
781
Madden Advisory Services
Jacksonville,
Florida
| – | -$21K | -481 | Closed |
|
|
EWM
782
Elite Wealth Management
Kirkland,
Washington
| – | -$17K | -375 | Closed |
|
|
OCM
783
One Capital Management
Westlake Village,
California
| – | -$10K | -230 | Closed |
|
|
OSAM
784
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$8K | -181 | Closed |
|
|
CA
785
CapWealth Advisors
Franklin,
Tennessee
| – | -$6K | -135 | Closed |
|
|
WAS
786
Winch Advisory Services
Appleton,
Wisconsin
| – | -$6K | -133 | Closed |
|
PAYX Hedge Fund Activity: Q4 2014 in Review
752 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2014, worth a combined $25.8B — up 141% from $10.7B a quarter earlier.
Buyers outnumbered sellers: 97 funds opened new PAYX positions and 33 closed out — a net gain of 64 holders — while 300 added to existing stakes and 254 trimmed.
The largest buyer was Managed Account Advisors, adding an estimated $95.2M. The largest seller was Bank of America, cutting an estimated $277M.
- 752 institutional investors held Paychex (PAYX) as of Q4 2014, up from 696 in Q3 2014.
- Funds reported $25.8B of Paychex stock for Q4 2014, up 141% quarter-over-quarter.
- 97 funds opened new Paychex positions in Q4 2014 and 33 closed out, a net change of +64 holders.
- The largest Paychex buyer in Q4 2014 was Managed Account Advisors, an estimated $95.2M added.
- The largest Paychex seller in Q4 2014 was Bank of America, an estimated $277M sold.
Based on aggregated 13F filings for Q4 2014.