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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
CWM
1176
Campbell Wealth Management
Virginia
-$235K -2,765 Closed
MPI
1177
Mairs & Power Inc
Minnesota
-$232K -2,730 Closed
NME
1178
Notis-McConarty Edward
-$232K -2,730 Closed
AWM
1179
Aries Wealth Management
Maine
-$231K -2,729 Closed
PRC
1180
Pearl River Capital
Michigan
-$232K -2,727 Closed
QT
1181
Quantamental Technologies
New York
-$232K -2,727 Closed
DBRC
1182
D.B. Root & Company
Pennsylvania
-$230K -2,714 Closed
AWP
1183
Ascent Wealth Partners
New York
-$230K -2,700 Closed
SIG
1184
Sargent Investment Group
Maryland
-$230K -2,700 Closed
SC
1185
SouthState Corp
Florida
-$226K -2,653 Closed
BIM
1186
Bridgecreek Investment Management
Oklahoma
-$223K -2,625 Closed
ACM
1187
AlphaStar Capital Management
North Carolina
-$221K -2,604 Closed
IC
1188
Intersect Capital
California
-$220K -2,586 Closed
KIA
1189
KCM Investment Advisors
California
-$219K -2,571 Closed
BHTS
1190
Bar Harbor Trust Services
Maine
-$218K -2,564 Closed
EWA
1191
Exencial Wealth Advisors
Oklahoma
-$217K -2,553 Closed
AA
1192
Aufman Associates
Pennsylvania
-$217K -2,550 Closed
FAIM
1193
Financial Advocates Investment Management
Washington
-$217K -2,549 Closed
SP
1194
Symmetry Partners
Connecticut
-$217K -2,547 Closed
Fayez Sarofim & Co
1195
Fayez Sarofim & Co
Texas
-$216K -2,541 Closed
BW
1196
Bison Wealth
Georgia
-$216K -2,537 Closed
KA
1197
Kovack Advisors
Florida
-$215K -2,531 Closed
IFG
1198
Investors Financial Group
Minnesota
-$215K -2,529 Closed
NL
1199
NWAM LLC
Washington
-$214K -2,517 Closed
BP
1200
Ballentine Partners
Massachusetts
-$212K -2,497 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.