Paychex
PAYX
1,094 hedge funds and large institutions have $19.4B invested in Paychex in 2020 Q2 according to their latest regulatory filings, with 135 funds opening new positions, 353 increasing their positions, 452 reducing their positions, and 106 closing their positions.
94% more call options, than puts
Call options by funds: $166M | Put options by funds: $85.6M
27% more first-time investments, than exits
New positions opened: 135 | Existing positions closed: 106
23% more capital invested
Capital invested by funds: $15.8B → $19.4B (+$3.62B)
21% more funds holding in top 10
Funds holding in top 10: 14 → 17 (+3)
2% more funds holding
Funds holding: 1,074 → 1,094 (+20)
1.69% more ownership
Funds ownership: 69.77% → 71.46% (+1.7%)
22% less repeat investments, than reductions
Existing positions increased: 353 | Existing positions reduced: 452
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$592M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$184M |
| 3 |
AIG
American International Group
New York
|
+$167M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$88.2M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$56.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$106M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$95.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$74.2M |
| 4 |
Morgan Stanley
New York
|
-$67.7M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$63.9M |
PAYX Hedge Fund Activity: Q2 2020 in Review
1,094 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q2 2020, worth a combined $19.4B — up 23% from $15.8B a quarter earlier.
Buyers outnumbered sellers: 135 funds opened new PAYX positions and 106 closed out — a net gain of 29 holders — while 353 added to existing stakes and 452 trimmed.
The largest buyer was Capital International Investors, adding an estimated $592M. The largest seller was BlackRock, cutting an estimated $106M.
- 1,094 institutional investors held Paychex (PAYX) as of Q2 2020, up from 1,074 in Q1 2020.
- Funds reported $19.4B of Paychex stock for Q2 2020, up 23% quarter-over-quarter.
- 135 funds opened new Paychex positions in Q2 2020 and 106 closed out, a net change of +29 holders.
- The largest Paychex buyer in Q2 2020 was Capital International Investors, an estimated $592M added.
- The largest Paychex seller in Q2 2020 was BlackRock, an estimated $106M sold.
Based on aggregated 13F filings for Q2 2020.