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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
CCM
1501
Copeland Capital Management
Pennsylvania
$3.56K – – –
TC
1502
Truvestments Capital
Florida
$3.56K – – –
DF
1503
Dunhill Financial
United Kingdom
$3.35K +$485 +4 +17%
CPG
1504
Cornerstone Planning Group
New Jersey
$3.24K – – –
IHWM
1505
Iron Horse Wealth Management
Iowa
$3.19K – – –
SC
1506
Stephens Consulting
Michigan
$3.19K – – –
DPW
1507
DiNuzzo Private Wealth
Pennsylvania
$3.07K – – –
PWMG
1508
Private Wealth Management Group
New Jersey
$3.07K – – –
CAM
1509
ClariVest Asset Management
California
$3.06K +$1.21K +10 +67%
VF
1510
VitalStone Financial
Texas
$3K +$364 +3 +15%
FRA
1511
Frank Rimerman Advisors
California
$2.82K – – –
CP
1512
Castleview Partners
Texas
$2.7K – – –
LAM
1513
Lummis Asset Management
Texas
$2.7K – – –
TCA
1514
Trifecta Capital Advisors
Illinois
$2.33K – – –
FG
1515
Fairman Group
Pennsylvania
$2.09K -$64.3K -530 -97%
CTB
1516
Country Trust Bank
Illinois
$1.97K – – –
AP
1517
Aspect Partners
Virginia
$1.72K -$1.33K -11 -44%
W
1518
WealthCollab
Washington
$1.6K – – –
HWP
1519
Highline Wealth Partners
California
$1.35K – – –
PA
1520
PSI Advisors
Florida
$1.23K – – –
WWM
1521
Wolff Wiese Magana
California
$1.23K – – –
TWD
1522
True Wealth Design
Ohio
$1.23K +$607 +5 +100%
PCMC
1523
Planning Capital Management Corporation
Pennsylvania
$983 +$971 +8 New
FGAM
1524
Financial Gravity Asset Management
Texas
$708 +$850 +7 New
BHWM
1525
Beaird Harris Wealth Management
Texas
$492 – – –
59 60
61
62 63

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.