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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
SMFS
1001
Squar Milner Financial Services
California
$17K
SL
1002
Savior LLC
Massachusetts
$15K -$12.3K -154 -39%
MSFP
1003
Mark Sheptoff Financial Planning
Connecticut
$15K
TWA
1004
TCI Wealth Advisors
Arizona
$15K +$2.72K +34 +16%
GAM
1005
Gemmer Asset Management
California
$14K
PFSC
1006
Peoples Financial Services Corp
Pennsylvania
$14K +$1.6K +20 +10%
AIC
1007
Archer Investment Corporation
Indiana
$14K +$7.99K +100 +83%
RDWM
1008
Red Door Wealth Management
Tennessee
$14K +$18.8K +235 New
BCWM
1009
Bartlett & Co Wealth Management
Ohio
$13.2K +$1.2K +15 +8%
CHA
1010
Carmichael Hill & Associates
Maryland
$13K
HCM
1011
Highlander Capital Management
New Jersey
$13K
MMG
1012
Monetary Management Group
Missouri
$13K
PAI
1013
Pittenger & Anderson Inc
Nebraska
$13K
ST
1014
Sageworth Trust
Pennsylvania
$13K
GSWM
1015
Golden State Wealth Management
California
$13K +$16K +200 New
BC
1016
Bartlett & Co
Ohio
$13K +$16.8K +210 New
CQS
1017
Credential Qtrade Securities
$12.1K -$855K -10,708 -98%
SLF
1018
Sun Life Financial
Ontario, Canada
$12K +$559 +7 +4%
EARNEST Partners
1019
EARNEST Partners
Georgia
$11K
FCM
1020
Firestone Capital Management
Florida
$11K
WOC
1021
West Oak Capital
California
$10K -$46.3K -580 -78%
GWS
1022
Glassman Wealth Services
Virginia
$10K -$12K -150 -48%
POIA
1023
Pin Oak Investment Advisors
Texas
$10K
BBHC
1024
Brown Brothers Harriman & Co
New York
$9K -$187K -2,347 -94%
LWANC
1025
Laurel Wealth Advisors (North Carolina)
North Carolina
$9K -$14K -175 -54%

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.