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Paychex
PAYX

1,528 hedge funds and large institutions have $33.1B invested in Paychex in 2024 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 536 increasing their positions, 602 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more call options, than puts

Call options by funds: $303M | Put options by funds: $128M

45% more first-time investments, than exits

New positions opened: 112 | Existing positions closed: 77

1% more funds holding

Funds holding: 1,506 → 1,528 (+22)

4% more capital invested

Capital invested by funds: $32B → $33.1B (+$1.13B)

0.38% more ownership

Funds ownership: 74.66% → 75.04% (+0.38%)

6% less funds holding in top 10

Funds holding in top 10: 16 → 15 (-1)

11% less repeat investments, than reductions

Existing positions increased: 536 | Existing positions reduced: 602

Holders
1,528
Holders Change
+22
Holders Change %
+1.46%
% of All Funds
22.01%
Holding in Top 10
15
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-6.25%
% of All Funds
0.22%
New
112
Increased
536
Reduced
602
Closed
77
Calls
$303M
Puts
$128M
Net Calls
+$174M
Net Calls Change
+$85.9M

Top Buyers

1
Capital International Investors
Capital International Investors
California
+$288M
2
Charles Schwab
Charles Schwab
California
+$280M
3
Capital World Investors
Capital World Investors
California
+$183M
4
TD Asset Management
TD Asset Management
Ontario, Canada
+$96.3M
5
JP Morgan Chase
JP Morgan Chase
New York
+$95.4M

Top Sellers

1
Fidelity Investments
Fidelity Investments
Massachusetts
-$431M
2
Morgan Stanley
Morgan Stanley
New York
-$422M
3
Barclays
Barclays
United Kingdom
-$108M
4
Holocene Advisors
Holocene Advisors
New York
-$103M
5
Select Equity Group
Select Equity Group
New York
-$94.9M
Name Holding Trade Value Shares
Change 		Change in
Stake
SSB
1351
Sandy Spring Bank
Maryland
$67.7K – – –
MMG
1352
Monetary Management Group
Missouri
$67.5K – – –
BL
1353
BFSG LLC
California
$67.2K – – –
AWM
1354
Atticus Wealth Management
Florida
$65.1K – – –
RIL
1355
Rothschild Investment LLC
Illinois
$65K +$2.43K +20 +4%
LFG
1356
Larson Financial Group
Missouri
$64.9K +$42.8K +353 +202%
HGERS
1357
Householder Group Estate & Retirement Specialist
Arizona
$62.4K +$121 +1 +0.2%
SWM
1358
Sugarloaf Wealth Management
Georgia
$61.8K – – –
PAM
1359
Paradigm Asset Management
New York
$61K – – –
FFA
1360
First Foundation Advisors
California
$60.9K -$18.6K -153 -24%
CT
1361
Cambridge Trust
Massachusetts
$60.4K +$9.47K +78 +19%
VC
1362
Vestor Capital
Illinois
$60K -$5.95K -49 -9%
KFS
1363
Kelly Financial Services
Massachusetts
$59.5K -$492K -4,056 -89%
AGWCA
1364
Annis Gardner Whiting Capital Advisors
Florida
$59.4K +$3.03K +25 +5%
CBT
1365
Central Bank & Trust
Kentucky
$59.2K – – –
SAM
1366
Smartleaf Asset Management
Massachusetts
$56.9K +$32.4K +267 +133%
IGWM
1367
ICA Group Wealth Management
Colorado
$55.6K +$364 +3 +0.7%
TCM
1368
Tradewinds Capital Management
Washington
$55.3K – – –
HCP
1369
Hexagon Capital Partners
Arkansas
$53K -$1.21K -10 -2%
TFIPS
1370
Towarzystwo Funduszy Inwestycyjnych PZU SA
$51.6K – – –
PCWA
1371
Pacific Capital Wealth Advisors
California
$49.6K – – –
HCM
1372
Highlander Capital Management
New Jersey
$49.1K -$24.3K -200 -33%
RFG
1373
RFP Financial Group
Georgia
$49.1K – – –
WWP
1374
WR Wealth Planners
Missouri
$48.8K +$48.2K +397 New
NECFA
1375
New England Capital Financial Advisors
Connecticut
$48.4K +$364 +3 +0.8%
53 54
55
56 57

PAYX Hedge Fund Activity: Q1 2024 in Review

1,528 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2024, worth a combined $33.1B — up 3.5% from $32B a quarter earlier.

Buyers outnumbered sellers: 112 funds opened new PAYX positions and 77 closed out — a net gain of 35 holders — while 536 added to existing stakes and 602 trimmed.

The largest buyer was Capital International Investors, adding an estimated $288M. The largest seller was Fidelity Investments, cutting an estimated $431M.

  • 1,528 institutional investors held Paychex (PAYX) as of Q1 2024, up from 1,506 in Q4 2023.
  • Funds reported $33.1B of Paychex stock for Q1 2024, up 3.5% quarter-over-quarter.
  • 112 funds opened new Paychex positions in Q1 2024 and 77 closed out, a net change of +35 holders.
  • The largest Paychex buyer in Q1 2024 was Capital International Investors, an estimated $288M added.
  • The largest Paychex seller in Q1 2024 was Fidelity Investments, an estimated $431M sold.

Based on aggregated 13F filings for Q1 2024.