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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
GIP
1126
Greatmark Investment Partners
Georgia
-$341K -4,014 Closed
GIM
1127
Groesbeck Investment Management
New Jersey
-$340K -4,000 Closed
HB
1128
Homrich & Berg
Georgia
-$338K -3,971 Closed
GH
1129
GAM Holding
Switzerland
-$336K -3,953 Closed
SWA
1130
Stratos Wealth Advisors
Ohio
-$334K -3,927 Closed
MJP
1131
Michael J. Puzo
-$332K -3,900 Closed
JGUA
1132
John G. Ullman & Associates
New York
-$331K -3,888 Closed
NIM
1133
NuWave Investment Management
New Jersey
-$328K -3,858 Closed
DA
1134
Detalus Advisors
Missouri
-$319K -3,751 Closed
FRM
1135
Fox Run Management
Connecticut
-$319K -3,745 Closed
LOAME
1136
Lombard Odier Asset Management (Europe)
United Kingdom
-$316K -3,713 Closed
EWA
1137
EP Wealth Advisors
California
-$309K -3,636 Closed
MFG
1138
Magnus Financial Group
New York
-$307K -3,610 Closed
SM
1139
Sciencast Management
New Jersey
-$306K -3,600 Closed
BHIA
1140
Birch Hill Investment Advisors
Massachusetts
-$298K -3,500 Closed
KWMG
1141
King Wealth Management Group
Florida
-$289K -3,393 Closed
DS
1142
DRW Securities
Illinois
-$288K -3,391 Closed
GLA
1143
Good Life Advisors
Pennsylvania
-$291K -3,376 Closed
JWCA
1144
J.W. Cole Advisors
Florida
-$281K -3,308 Closed
CAM
1145
Columbia Asset Management
Michigan
-$2.79K -3,285 Closed
FEM
1146
Fulcrum Equity Management
Texas
-$279K -3,280 Closed
WMA
1147
Wealth Management Associates
New Jersey
-$279K -3,276 Closed
EA
1148
Emerald Advisors
Washington
-$287K -3,272 Closed
WI
1149
WrapManager Inc
California
-$277K -3,261 Closed
BA
1150
Bristlecone Advisors
Washington
-$275K -3,228 Closed

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.