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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
AHB
1201
Abner Herrman & Brock
New Jersey
-$211K -2,486 Closed
BFO
1202
Biltmore Family Office
North Carolina
-$211K -2,477 Closed
FIM
1203
Fruth Investment Management
Texas
-$210K -2,471 Closed
FLI
1204
Family Legacy Inc
South Carolina
-$208K -2,445 Closed
TAM
1205
Tradition Asset Management
Virginia
-$203K -2,393 Closed
CBN
1206
Cadence Bank NA
Texas
-$203K -2,388 Closed
LFAS
1207
Level Four Advisory Services
Texas
-$203K -2,378 Closed
PI
1208
Pettee Investors
Connecticut
-$202K -2,375 Closed
CPA
1209
Court Place Advisors
Maryland
-$202K -2,371 Closed
ECM
1210
ExodusPoint Capital Management
New York
-$189K -2,223 Closed
BAM
1211
Belpointe Asset Management
Nevada
-$142K -1,673 Closed
ARMT
1212
Amica Retiree Medical Trust
Rhode Island
-$128K -1,509 Closed
LPIC
1213
LeJeune Puetz Investment Counsel
Michigan
-$115K -1,347 Closed
CF
1214
Centaurus Financial
California
-$112K -1,320 Closed
IIA
1215
ICW Investment Advisors
Arizona
-$110K -1,288 Closed
ACM
1216
Allred Capital Management
Texas
-$99.4K -1,169 Closed
IRAG
1217
Investment Research & Advisory Group
Georgia
-$83.6K -1,046 -100%
GLI
1218
Guardian Life Insurance
New York
-$79K -932 Closed
RA
1219
Rational Advisors
New York
-$73K -859 Closed
SIC
1220
Samalin Investment Counsel
New York
-$68K -809 Closed
VCM
1221
Vigilant Capital Management
Maine
-$37K -431 Closed
MGIA
1222
Moneta Group Investment Advisors
Missouri
-$36K -423 Closed
RMAM
1223
Raab & Moskowitz Asset Management
New Jersey
-$32K -378 Closed
SMG
1224
Spectrum Management Group
Indiana
-$26K -300 Closed
MUS
1225
Mitsubishi UFJ Securities
Japan
-$25K -290 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.