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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
SMH
826
Sanders Morris Harris
Texas
$255K
PFM
827
Parsec Financial Management
North Carolina
$254K -$177K -2,219 -35%
KFS
828
Kelly Financial Services
Massachusetts
$254K
SWM
829
SeaCrest Wealth Management
New York
$251K -$26.3K -329 -8%
RVPG
830
Relative Value Partners Group
$251K +$320K +4,000 New
FMLI
831
Fukoku Mutual Life Insurance
Japan
$245K
RZH
832
Relyea Zuckerberg Hanson
Connecticut
$244K +$6.95K +87 +2%
CA
833
Claro Advisors
Massachusetts
$244K +$16.1K +202 +5%
VC
834
Veracity Capital
Georgia
$242K -$10.7K -134 -3%
PAS
835
Professional Advisory Services
Florida
$241K
MCP
836
Martin Capital Partners
Oregon
$241K +$117K +1,464 +62%
BO
837
Bank OZK
Arkansas
$240K -$1.44K -18 -0.5%
ER
838
Enlightenment Research
Florida
$240K +$248K +3,100 New
SIC
839
Schwartz Investment Counsel
Michigan
$239K
EMG
840
Ellington Management Group
Connecticut
$239K +$304K +3,800 New
NQWM
841
Northwest Quadrant Wealth Management
Oregon
$238K -$27.3K -342 -9%
SP
842
Successful Portfolios
Florida
$238K +$4.15K +52 +1%
PIM
843
Penobscot Investment Management
Massachusetts
$235K -$43.9K -550 -13%
AW
844
ACG Wealth
Georgia
$233K +$25.4K +318 +9%
MGIM
845
M&G Investment Management
United Kingdom
$232K -$675K -8,447 -70%
AA
846
ALPS Advisors
Colorado
$232K -$44.3K -554 -13%
AWE
847
Avidian Wealth Enterprises
Texas
$231K +$7.27K +91 +3%
CHA
848
Cooper/Haims Advisors
New York
$230K +$160 +2 +0.1%
BB
849
Busey Bank
Illinois
$230K +$156K +1,947 +114%
WP
850
Wedgewood Partners
Missouri
$229K -$140K -1,750 -32%

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.