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Paychex

1,036 hedge funds and large institutions have $15.9B invested in Paychex in 2018 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 350 increasing their positions, 396 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more call options, than puts

Call options by funds: $119M | Put options by funds: $55M

36% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 86

5% more funds holding in top 10

Funds holding in top 10: 2223 (+1)

2% more funds holding

Funds holding: 1,0151,036 (+21)

1.74% less ownership

Funds ownership: 70.64%68.91% (-1.7%)

12% less repeat investments, than reductions

Existing positions increased: 350 | Existing positions reduced: 396

15% less capital invested

Capital invested by funds: $18.7B → $15.9B (-$2.83B)

Holders
1,036
Holders Change
+21
Holders Change %
+2.07%
% of All Funds
23.08%
Holding in Top 10
23
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.55%
% of All Funds
0.51%
New
117
Increased
350
Reduced
396
Closed
86
Calls
$119M
Puts
$55M
Net Calls
+$64.4M
Net Calls Change
+$29.4M
Name Holding Trade Value Shares
Change
Change in
Stake
CBT
876
Central Bank & Trust
Kentucky
$159K -$65.5K -967 -28%
O
877
Ossiam
France
$157K +$164K +2,417 New
CPA
878
Cowen Prime Advisors
New York
$156K
Schroder Investment Management Group
879
Schroder Investment Management Group
United Kingdom
$152K +$63.6M +939,105 +67%
GWM
880
Geneos Wealth Management
Colorado
$144K +$1.69K +25 +1%
EMG
881
ETF Managers Group
New Jersey
$140K +$21.4K +316 +17%
OIA
882
Optimum Investment Advisors
Illinois
$137K -$30.5K -450 -18%
CFA
883
Carroll Financial Associates
North Carolina
$137K
NFG
884
Next Financial Group
Texas
$133K +$56.4K +832 +69%
SFG
885
SevenBridge Financial Group
Pennsylvania
$132K
PMFA
886
Plante Moran Financial Advisors
Michigan
$130K +$4.61K +68 +4%
NIM
887
NuWave Investment Management
New Jersey
$127K +$132K +1,942 +14,938%
MFW
888
Mosaic Family Wealth
Missouri
$125K +$1.56K +23 +1%
HCM
889
Hilton Capital Management
New York
$118K -$4.67K -69 -4%
MCM
890
Manchester Capital Management
Vermont
$117K
CWA
891
Clarus Wealth Advisors
Arizona
$115K +$542 +8 +0.5%
CLOS
892
Compagnie Lombard Odier SCmA
Switzerland
$112K
MIFH
893
Migdal Insurance & Financial Holdings
Israel
$110K -$269K -3,978 -70%
FPFS
894
First Personal Financial Services
North Carolina
$103K
HFM
895
Harvest Fund Management
China
$102K
IUHSA
896
Itau Unibanco Holding S.A.
Brazil
$102K +$107K +1,583 New
BBHC
897
Brown Brothers Harriman & Co
New York
$100K -$6.5K -96 -6%
ARMT
898
Amica Retiree Medical Trust
Rhode Island
$98K
JCM
899
Jacobi Capital Management
Pennsylvania
$98K +$66.9K +987 +193%
Carson Wealth (CWM LLC)
900
Carson Wealth (CWM LLC)
Nebraska
$90K +$11.7K +173 +14%

PAYX Hedge Fund Activity: Q4 2018 in Review

1,036 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2018, worth a combined $15.9B — down 15% from $18.7B a quarter earlier.

Buyers outnumbered sellers: 117 funds opened new PAYX positions and 86 closed out — a net gain of 31 holders — while 350 added to existing stakes and 396 trimmed.

The largest buyer was BlackRock, adding an estimated $106M. The largest seller was American International Group, cutting an estimated $425M.

  • 1,036 institutional investors held Paychex (PAYX) as of Q4 2018, up from 1,015 in Q3 2018.
  • Funds reported $15.9B of Paychex stock for Q4 2018, down 15% quarter-over-quarter.
  • 117 funds opened new Paychex positions in Q4 2018 and 86 closed out, a net change of +31 holders.
  • The largest Paychex buyer in Q4 2018 was BlackRock, an estimated $106M added.
  • The largest Paychex seller in Q4 2018 was American International Group, an estimated $425M sold.

Based on aggregated 13F filings for Q4 2018.