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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
LWA
976
Lowe Wealth Advisors
Maryland
$29K
PCM
977
Penserra Capital Management
California
$29K +$9.59K +120 +38%
TCM
978
Tradewinds Capital Management
Washington
$28K -$18K -225 -33%
BCA
979
Berman Capital Advisors
Georgia
$28K -$6.31K -79 -14%
FMTCOCP
980
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$26K
CB
981
Community Bank
New York
$25K
RMC
982
Resources Management Corp
Connecticut
$25K
ADL
983
Asset Dedication LLC
California
$24K
PWMG
984
Prestige Wealth Management Group
New Jersey
$24K +$24.3K +304 +371%
CM
985
Castleark Management
Illinois
$23K
MF
986
Manchester Financial
California
$22K
LWM
987
Liberty Wealth Management
California
$21K +$80 +1 +0.3%
BL
988
Balentine LLC
Georgia
$21K +$25.5K +319 +1,450%
BAM
989
Bellevue Asset Management
Washington
$20K
QCMC
990
Quantum Capital Management (California)
California
$20K
SFPG
991
Stonebridge Financial Planning Group
Florida
$20K
AWM
992
Avior Wealth Management
Nebraska
$19K
BAM
993
Barrett Asset Management
New York
$19K
TI
994
Truehand Inc
New Hampshire
$19K
H
995
Hexavest
Quebec, Canada
$19K +$23.7K +297 New
RFWA
996
RPg Family Wealth Advisory
Massachusetts
$18.9K
OSAM
997
O'Shaughnessy Asset Management
Connecticut
$18K -$381K -4,770 -94%
OAJ
998
Ogorek Anthony Joseph
New York
$18K
TF
999
TimeScale Financial
Massachusetts
$18K
CMA
1000
Cedar Mountain Advisors
Oregon
$18K +$240 +3 +1%

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.