Paychex
PAYX
1,101 hedge funds and large institutions have $20.8B invested in Paychex in 2019 Q2 according to their latest regulatory filings, with 89 funds opening new positions, 366 increasing their positions, 468 reducing their positions, and 53 closing their positions.
212% more call options, than puts
Call options by funds: $222M | Put options by funds: $71.4M
68% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 53
2% more funds holding
Funds holding: 1,080 → 1,101 (+21)
2% more capital invested
Capital invested by funds: $20.3B → $20.8B (+$449M)
0.28% less ownership
Funds ownership: 70.93% → 70.65% (-0.28%)
16% less funds holding in top 10
Funds holding in top 10: 31 → 26 (-5)
22% less repeat investments, than reductions
Existing positions increased: 366 | Existing positions reduced: 468
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$258M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$109M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$77.5M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$62.9M |
| 5 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
+$57.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$208M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$202M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$144M |
| 4 |
Select Equity Group
New York
|
-$120M |
| 5 |
Bank of New York Mellon
New York
|
-$45.5M |
PAYX Hedge Fund Activity: Q2 2019 in Review
1,101 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q2 2019, worth a combined $20.8B — up 2.2% from $20.3B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new PAYX positions and 53 closed out — a net gain of 36 holders — while 366 added to existing stakes and 468 trimmed.
The largest buyer was BlackRock, adding an estimated $258M. The largest seller was Bank of America, cutting an estimated $208M.
- 1,101 institutional investors held Paychex (PAYX) as of Q2 2019, up from 1,080 in Q1 2019.
- Funds reported $20.8B of Paychex stock for Q2 2019, up 2.2% quarter-over-quarter.
- 89 funds opened new Paychex positions in Q2 2019 and 53 closed out, a net change of +36 holders.
- The largest Paychex buyer in Q2 2019 was BlackRock, an estimated $258M added.
- The largest Paychex seller in Q2 2019 was Bank of America, an estimated $208M sold.
Based on aggregated 13F filings for Q2 2019.