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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
SSB
876
Sandy Spring Bank
Maryland
$117K
HFM
877
Harvest Fund Management
China
$115K +$112K +1,560 New
ARMT
878
Amica Retiree Medical Trust
Rhode Island
$111K
CG
879
Cutler Group
California
$107K -$733K -10,193 -87%
BWM
880
Baystate Wealth Management
Massachusetts
$102K +$15K +209 +17%
GEA
881
Glen Eagle Advisors
New Jersey
$95.2K
SIC
882
Salem Investment Counselors
North Carolina
$95K
AIM
883
Assured Investment Management
New York
$95K +$92.4K +1,286 New
FFC
884
First Financial Corp
Indiana
$94K
PCG
885
Private Capital Group
Connecticut
$92K +$12.5K +174 +16%
PFBT
886
Parkside Financial Bank & Trust
Missouri
$90K +$575 +8 +0.7%
NEAM
887
New England Asset Management
Connecticut
$89K
Carson Wealth (CWM LLC)
888
Carson Wealth (CWM LLC)
Nebraska
$89K +$53.7K +747 +164%
NFG
889
Next Financial Group
Texas
$89K +$86.5K +1,204 New
FMB
890
Field & Main Bank
Kentucky
$88K
MWM
891
Mascoma Wealth Management
New Hampshire
$83K +$28.7K +400 +55%
AC
892
Avestar Capital
New York
$80K -$45.4K -632 -36%
KJWM
893
Kiley Juergens Wealth Management
Washington
$80K +$63.1K +878 +403%
WSTAM
894
Wilbanks Smith & Thomas Asset Management
Virginia
$80K +$78K +1,085 New
IP
895
Intellectus Partners
California
$76K
TSW
896
Thompson Siegel & Walmsley
Virginia
$74K -$3.59K -50 -5%
MPIA
897
Mountain Pacific Investment Advisers
Idaho
$74K +$72.6K +1,010 New
CAL
898
Capital Advisors Ltd
Ohio
$71K +$69.1K +961 New
AA
899
Ancora Advisors
Ohio
$70K +$68.3K +950 New
FANJ
900
Financial Architects (New Jersey)
New Jersey
$67K +$216 +3 +0.3%

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.