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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
Fisher Asset Management
851
Fisher Asset Management
Washington
$229K +$13.7K +172 +5%
AII
852
AGF Investments Inc
Ontario, Canada
$229K +$290K +3,636 New
CCMG
853
Clark Capital Management Group
Pennsylvania
$227K -$288K -3,601 -50%
SAM
854
Smithbridge Asset Management
Pennsylvania
$227K
MSA
855
Marino Stram & Associates
Massachusetts
$226K +$3.27K +41 +1%
PA
856
Parallel Advisors
California
$225K -$218K -2,723 -43%
BPB
857
Badgley, Phelps & Bell
Washington
$225K -$8.63K -108 -3%
EMG
858
ETF Managers Group
New Jersey
$224K +$28.4K +356 +11%
QT
859
Quantbot Technologies
New York
$224K +$285K +3,567 New
MCWS
860
McKinley Carter Wealth Services
West Virginia
$223K -$559 -7 -0.2%
SDH
861
Sloy Dahl & Holst
Washington
$223K +$7.99K +100 +3%
DT
862
Diversified Trust
Tennessee
$222K +$1.36K +17 +0.5%
HIC
863
Holderness Investments Company
North Carolina
$221K -$12K -150 -4%
BC
864
Burleson & Co
California
$221K
PMG
865
ProVise Management Group
Florida
$221K
RMDI
866
R.M. Davis Inc
Maine
$220K +$2.24K +28 +0.8%
IMOV
867
Investment Management of Virginia
Virginia
$219K
LS
868
Livforsakringsbolaget Skandia
Sweden
$214K +$87.9K +1,100 +48%
TNB
869
Thomasville National Bank
Georgia
$214K +$206K +2,580 New
LCM
870
Landscape Capital Management
New Jersey
$212K -$2.03M -25,417 -88%
AT
871
Arden Trust
Delaware
$212K -$376K -4,705 -58%
GT
872
Greenleaf Trust
Michigan
$212K -$49.5K -620 -16%
IWM
873
IHT Wealth Management
Illinois
$212K -$37.9K -475 -12%
CA
874
Calton & Associates
Florida
$212K -$37.9K -474 -12%
SFA
875
Sequoia Financial Advisors
Ohio
$212K -$24K -300 -8%

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.