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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
BIM
801
Bridges Investment Management
Nebraska
$274K +$7.99K +100 +2%
BAM
802
Berkshire Asset Management
Pennsylvania
$273K +$41.5K +520 +14%
RCAG
803
Rehmann Capital Advisory Group
Michigan
$271K +$344K +4,312 New
HTC
804
Haverford Trust Company
Pennsylvania
$271K
HPC
805
HM Payson & Co
Maine
$271K
AFP
806
Ausdal Financial Partners
Iowa
$271K +$2.08K +26 +0.6%
IA
807
IFP Advisors
Florida
$270K -$133K -1,666 -29%
RMCM
808
Reynders McVeigh Capital Management
Massachusetts
$269K -$4.95K -62 -1%
ISB
809
Iowa State Bank
Iowa
$267K
AssetMark Inc
810
AssetMark Inc
California
$266K +$45.1K +564 +15%
PP
811
Pegasus Partners
Wisconsin
$266K +$338K +4,227 New
EWM
812
Empirical Wealth Management
Washington
$265K +$336K +4,209 New
OC
813
Oakworth Capital
Alabama
$264K -$23.1K -289 -6%
AOWM
814
Alpha Omega Wealth Management
Virginia
$264K -$9.03K -113 -3%
PJSIMP
815
P.J. Schmidt Investment Management (PJS)
Wisconsin
$264K +$2.48K +31 +0.7%
MCM
816
MAI Capital Management
Ohio
$264K +$22.4K +280 +7%
SNT
817
Security National Trust
West Virginia
$263K
IAN
818
Integrated Advisors Network
Texas
$262K -$26.7K -334 -7%
ST
819
Smithfield Trust
Pennsylvania
$261K -$12K -150 -3%
CYG
820
Clean Yield Group
Vermont
$260K
APP
821
Avantax Planning Partners
Iowa
$258K -$7.91K -99 -2%
BS
822
Bessemer Securities
New York
$256K
LIM
823
Leavell Investment Management
Alabama
$255K -$35.9K -450 -10%
PFS
824
Physicians Financial Services
North Carolina
$255K -$16K -200 -5%
BMO
825
Beck Mack & Oliver
New York
$255K

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.