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Paychex

1,014 hedge funds and large institutions have $18.7B invested in Paychex in 2018 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 347 increasing their positions, 393 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 40

20% more call options, than puts

Call options by funds: $209M | Put options by funds: $174M

12% more capital invested

Capital invested by funds: $16.7B → $18.7B (+$2.04B)

5% more funds holding in top 10

Funds holding in top 10: 2122 (+1)

5% more funds holding

Funds holding: 9691,014 (+45)

2.49% more ownership

Funds ownership: 68.15%70.64% (+2.5%)

12% less repeat investments, than reductions

Existing positions increased: 347 | Existing positions reduced: 393

Holders
1,014
Holders Change
+45
Holders Change %
+4.64%
% of All Funds
23.18%
Holding in Top 10
22
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.76%
% of All Funds
0.5%
New
93
Increased
347
Reduced
393
Closed
40
Calls
$209M
Puts
$174M
Net Calls
+$35M
Net Calls Change
-$3.28M
Name Holding Trade Value Shares
Change
Change in
Stake
FLI
851
Family Legacy Inc
South Carolina
$185K
WC
852
Whitnell & Co
Illinois
$184K
APP
853
Avantax Planning Partners
Iowa
$180K +$176K +2,449 New
PA
854
Parallel Advisors
California
$178K +$30.6K +426 +21%
CPA
855
Cowen Prime Advisors
New York
$177K
FGAM
856
Financial Gravity Asset Management
Texas
$171K +$19.5K +271 +11%
GP
857
Girard Partners
Pennsylvania
$164K +$161K +2,238 New
GWM
858
Geneos Wealth Management
Colorado
$162K +$31.5K +438 +25%
VRM
859
Vectors Research Management
New York
$158K +$167K +2,323 New
CFA
860
Carroll Financial Associates
North Carolina
$153K -$20.1K -280 -12%
EDRH
861
Edmond de Rothschild Holding
Switzerland
$151K +$148K +2,054 New
SFG
862
SevenBridge Financial Group
Pennsylvania
$149K
1832 Asset Management
863
1832 Asset Management
Ontario, Canada
$148K
PMFA
864
Plante Moran Financial Advisors
Michigan
$142K -$16K -223 -10%
OBWP
865
O'Brien Wealth Partners
Massachusetts
$142K
HCM
866
Hilton Capital Management
New York
$139K
TPWA
867
TRUE Private Wealth Advisors
Oregon
$137K +$133K +1,857 New
EMG
868
ETF Managers Group
New Jersey
$135K +$13.8K +192 +12%
CWA
869
Clarus Wealth Advisors
Arizona
$129K -$1.22K -17 -1%
MFW
870
Mosaic Family Wealth
Missouri
$128K +$83K +1,155 +157%
CLOS
871
Compagnie Lombard Odier SCmA
Switzerland
$127K
MCM
872
Manchester Capital Management
Vermont
$127K
CPH
873
C Partners Holding
Switzerland
$124K -$136K -1,899 -53%
BBHC
874
Brown Brothers Harriman & Co
New York
$120K +$6.9K +96 +6%
FPFS
875
First Personal Financial Services
North Carolina
$117K

PAYX Hedge Fund Activity: Q3 2018 in Review

1,014 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2018, worth a combined $18.7B — up 12% from $16.7B a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new PAYX positions and 40 closed out — a net gain of 53 holders — while 347 added to existing stakes and 393 trimmed.

The largest buyer was Glenmede Trust, adding an estimated $431M. The largest seller was Fidelity Investments, cutting an estimated $120M.

  • 1,014 institutional investors held Paychex (PAYX) as of Q3 2018, up from 969 in Q2 2018.
  • Funds reported $18.7B of Paychex stock for Q3 2018, up 12% quarter-over-quarter.
  • 93 funds opened new Paychex positions in Q3 2018 and 40 closed out, a net change of +53 holders.
  • The largest Paychex buyer in Q3 2018 was Glenmede Trust, an estimated $431M added.
  • The largest Paychex seller in Q3 2018 was Fidelity Investments, an estimated $120M sold.

Based on aggregated 13F filings for Q3 2018.