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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
NFG
901
Next Financial Group
Texas
$139K +$8.79K +110 +5%
FNBOSM
902
First National Bank of South Miami
Florida
$136K
EP
903
Eudaimonia Partners
Tennessee
$136K +$51.8K +648 +43%
SCM
904
Silvant Capital Management
Georgia
$133K
CFA
905
Carroll Financial Associates
North Carolina
$130K -$44.3K -554 -21%
1832 Asset Management
906
1832 Asset Management
Ontario, Canada
$127K
VIM
907
Veritas Investment Management
United Kingdom
$126K -$597K -7,476 -79%
VHMC
908
Value Holdings Management Company
New York
$126K +$160K +2,000 New
GEA
909
Glen Eagle Advisors
New Jersey
$125K
JCM
910
Jacobi Capital Management
Pennsylvania
$123K +$6.07K +76 +4%
OIA
911
Optimum Investment Advisors
Illinois
$120K
LS
912
Leelyn Smith
Illinois
$120K +$3.99K +50 +3%
SSB
913
Sandy Spring Bank
Maryland
$119K +$4.15K +52 +3%
CPA
914
Cowen Prime Advisors
New York
$113K
PMFA
915
Plante Moran Financial Advisors
Michigan
$112K -$12.5K -156 -8%
GCM
916
Gables Capital Management
Florida
$106K
FHA
917
First Horizon Advisors
Tennessee
$103K -$73.3K -917 -36%
OPS
918
Orion Portfolio Solutions
Nebraska
$100K -$378K -4,733 -75%
CFB
919
Cullen/Frost Bankers
Texas
$100K -$81.2K -1,017 -39%
GRP
920
Global Retirement Partners
California
$99K +$28.4K +355 +29%
FFC
921
First Financial Corp
Indiana
$91K
BWM
922
Baystate Wealth Management
Massachusetts
$89K +$8.63K +108 +8%
PFBT
923
Parkside Financial Bank & Trust
Missouri
$87K -$3.83K -48 -3%
MCM
924
Manchester Capital Management
Vermont
$85K
CBT
925
Central Bank & Trust
Kentucky
$84K

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.