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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
PFGIA
926
Patriot Financial Group Insurance Agency
Massachusetts
$37K +$7.19K +100 +25%
SQA
927
Simon Quick Advisors
New Jersey
$37K +$28.9K +402 +376%
SWA
928
Sutton Wealth Advisors
Florida
$35.4K
RIA
929
RPG Investment Advisory
California
$34K
QCG
930
Quadrant Capital Group
Ohio
$34K +$4.1K +57 +13%
AF
931
Allworth Financial
California
$33K
AIM
932
Arcadia Investment Management
Michigan
$33K
YWP
933
YorkBridge Wealth Partners
New York
$32K -$11.2K -156 -26%
SMG
934
Spectrum Management Group
Indiana
$31K
TF
935
Tompkins Financial
New York
$31K +$7.19K +100 +31%
AWM
936
Avior Wealth Management
Nebraska
$30K
TAIM
937
TD Ameritrade Investment Management
Nebraska
$30K +$14.2K +198 +93%
PAMG
938
Patton Albertson Miller Group
Tennessee
$30K +$33.2K +462 New
CFGS
939
Concourse Financial Group Securities
Alabama
$29K +$28.7K +400 New
WG
940
Welch Group
Alabama
$27.5K +$84.9K +1,182 +0.3%
CAG
941
Csenge Advisory Group
Florida
$27K -$667K -9,279 -96%
RWA
942
River Wealth Advisors
Pennsylvania
$26K
PHK
943
Point72 Hong Kong
Hong Kong
$25K +$23.9K +333 New
FMTCOCP
944
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$24K
ADL
945
Asset Dedication LLC
California
$22K
BAM
946
Barrett Asset Management
New York
$22K
WIM
947
Westside Investment Management
California
$21.8K +$11.9K +165 +126%
MUS
948
Mitsubishi UFJ Securities
Japan
$21K
OAJ
949
Ogorek Anthony Joseph
New York
$21K
SMFS
950
Squar Milner Financial Services
California
$20K -$50.5K -703 -72%

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.