Paychex
      
      
        
          PAYX
        
        
      
    
  
          PAYX
        
        
      1,033 hedge funds and large institutions have $15.8B invested in Paychex in 2018 Q4 according to their latest regulatory filings, with 117 funds opening new positions, 350 increasing their positions, 394 reducing their positions, and 86 closing their positions.
New
  Increased
  Maintained
  Reduced
  Closed
  more call options, than puts
Call options by funds: $ | Put options by funds: $
more first-time investments, than exits
New positions opened: | Existing positions closed:
more funds holding in top 10
Funds holding in top 10: →
more funds holding
Funds holding: →
1.7% less ownership
Funds ownership: 70.48% → 68.78% (-1.7%)
11% less repeat investments, than reductions
Existing positions increased: 350 | Existing positions reduced: 394
15% less capital invested
Capital invested by funds: $18.6B → $15.8B (-$2.82B)
    
      Holders
    
  
  
    
      
        
      
        1,033
      
    
      
    
  
    
      Holding in Top 10
    
  
  
    
      
        
      
        22
      
    
      
    
  
    
      Calls
    
  
  
    
      
        
      
        $119M
      
    
      
    
  
    
      Puts
    
  
  
    
      
        
      
        $55M
      
    
      
    
  
Top Buyers
| 1 | +$102M | |
| 2 | +$101M | |
| 3 | +$63M | |
| 4 | 
    BG
   
      Bahl & Gaynor
     
      
        Cincinnati,
      
      
        Ohio
      
     | +$49.9M | 
| 5 | 
    ECM
   
      Element Capital Management
     
      
      
        New York
      
     | +$44.8M | 
Top Sellers
| 1 | -$409M | |
| 2 | -$59.5M | |
| 3 | -$57.3M | |
| 4 | 
      Millennium Management
     
      
      
        New York
      
     | -$54.2M | 
| 5 | 
      Nomura Holdings
     
      
        Tokyo,
      
      
        Japan
      
     | -$35.2M |