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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
IRC
1026
Investors Research Corp
Georgia
$9K
JWA
1027
JFS Wealth Advisors
Pennsylvania
$9K
ETC
1028
Exchange Traded Concepts
Oklahoma
$9K +$9.27K +116 +504%
AC
1029
AlphaCore Capital
California
$9K +$11.6K +145 New
PI
1030
PEAK6 Investments
Illinois
$8K +$9.75K +122 New
ME
1031
McIlrath & Eck
Washington
$7K
SCA
1032
Stonebridge Capital Advisors
Minnesota
$6K -$12K -150 -63%
TFO
1033
Tarbox Family Office
California
$6K -$399 -5 -5%
AWM
1034
AllSquare Wealth Management
New York
$6K
KTC
1035
Kistler-Tiffany Companies
Pennsylvania
$6K
SGAM
1036
Smith Group Asset Management
Texas
$6K
TFGT
1037
TS Financial Group (TSFG)
Illinois
$6K
EIP
1038
Ellis Investment Partners
Pennsylvania
$6K +$7.99K +100 New
PCA
1039
Providence Capital Advisors
North Carolina
$6K +$7.99K +100 New
SBL
1040
Sargent Bickham Lagudis
Colorado
$6K +$7.99K +100 New
ACA
1041
Atlas Capital Advisors
Wyoming
$5.22K
Marshall Wace
1042
Marshall Wace
United Kingdom
$5K -$629K -7,871 -99%
VCM
1043
Versant Capital Management
Arizona
$5K -$639 -8 -9%
Fuller & Thaler Asset Management
1044
Fuller & Thaler Asset Management
California
$4K -$3.34M -41,847 -100%
JAM
1045
JCIC Asset Management
Ontario, Canada
$4K
CTB
1046
Country Trust Bank
Illinois
$4K +$4.79K +60 New
DCM
1047
Davis Capital Management
Florida
$4K +$4.87K +61 New
CAGAS
1048
Capital Advisory Group Advisory Services
Minnesota
$4K +$5.03K +63 New
LSA
1049
Lion Street Advisors
Texas
$4K +$5.43K +68 New
CAC
1050
Certified Advisory Corp
Florida
$3K

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.