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Paychex

1,444 hedge funds and large institutions have $29.9B invested in Paychex in 2022 Q4 according to their latest regulatory filings, with 143 funds opening new positions, 515 increasing their positions, 515 reducing their positions, and 91 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 143 | Existing positions closed: 91

56% more call options, than puts

Call options by funds: $329M | Put options by funds: $211M

1% more funds holding

Funds holding: 1,4241,444 (+20)

3% more capital invested

Capital invested by funds: $28.9B → $29.9B (+$1.01B)

0.61% more ownership

Funds ownership: 71.64%72.26% (+0.61%)

0% more repeat investments, than reductions

Existing positions increased: 515 | Existing positions reduced: 515

25% less funds holding in top 10

Funds holding in top 10: 3224 (-8)

Holders
1,444
Holders Change
+20
Holders Change %
+1.4%
% of All Funds
23.21%
Holding in Top 10
24
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-25%
% of All Funds
0.39%
New
143
Increased
515
Reduced
515
Closed
91
Calls
$329M
Puts
$211M
Net Calls
+$118M
Net Calls Change
+$56M
Name Holding Trade Value Shares
Change
Change in
Stake
IBOK
851
Independence Bank of Kentucky
Kentucky
$526K +$1.05K +9 +0.2%
Verition Fund Management
852
Verition Fund Management
Connecticut
$521K -$207K -1,765 -28%
WAM
853
Werlinich Asset Management
Connecticut
$520K
NFP
854
NorthLanding Financial Partners
New York
$517K +$1.99K +17 +0.4%
ECA
855
Elevated Capital Advisors
Utah
$513K +$520K +4,440 New
GP
856
Girard Partners
Pennsylvania
$513K +$14.7K +126 +3%
VVP
857
Venture Visionary Partners
Ohio
$511K +$117 +1 +0%
KCM
858
Kanawha Capital Management
Virginia
$509K
MCWS
859
McKinley Carter Wealth Services
West Virginia
$507K +$56.1K +479 +12%
EP
860
Edgestream Partners
New Jersey
$506K +$513K +4,382 New
RZH
861
Relyea Zuckerberg Hanson
Connecticut
$505K -$26.4K -226 -5%
JWM
862
Jeppson Wealth Management
California
$499K -$8.78K -75 -2%
PB
863
Pinnacle Bancorp
Nebraska
$495K -$5.27K -45 -1%
RBC
864
Romano Brothers & Co
Illinois
$494K +$7.02K +60 +1%
CPA
865
Court Place Advisors
Maryland
$491K +$3.28K +28 +0.7%
PAS
866
Professional Advisory Services
Florida
$486K
HPC
867
HM Payson & Co
Maine
$486K
MA
868
Montag & Associates
Georgia
$485K
IFS
869
Ifrah Financial Services
Arkansas
$485K -$14.4K -123 -3%
P
870
Pitcairn
Pennsylvania
$484K -$563K -4,811 -53%
MOS
871
MGO One Seven
Ohio
$483K -$12.3K -105 -2%
MWM
872
Meridian Wealth Management
Kentucky
$481K +$487K +4,164 New
STA
873
Summit Trail Advisors
New York
$481K -$51.3K -438 -10%
WI
874
Wahed Invest
New York
$478K +$54.2K +463 +13%
SIM
875
Studio Investment Management
Illinois
$475K +$39K +333 +9%

PAYX Hedge Fund Activity: Q4 2022 in Review

1,444 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2022, worth a combined $29.9B — up 3.5% from $28.9B a quarter earlier.

Buyers outnumbered sellers: 143 funds opened new PAYX positions and 91 closed out — a net gain of 52 holders — while 515 added to existing stakes and 515 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $113M. The largest seller was Invesco, cutting an estimated $91.3M.

  • 1,444 institutional investors held Paychex (PAYX) as of Q4 2022, up from 1,424 in Q3 2022.
  • Funds reported $29.9B of Paychex stock for Q4 2022, up 3.5% quarter-over-quarter.
  • 143 funds opened new Paychex positions in Q4 2022 and 91 closed out, a net change of +52 holders.
  • The largest Paychex buyer in Q4 2022 was Fidelity Investments, an estimated $113M added.
  • The largest Paychex seller in Q4 2022 was Invesco, an estimated $91.3M sold.

Based on aggregated 13F filings for Q4 2022.