We are live on ! Find out more
PAYX icon

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
ECM
1526
Everence Capital Management
Indiana
$409 – – –
FSWA
1527
Financial Synergies Wealth Advisors
Texas
$369 – – –
RAM
1528
Riggs Asset Management
Pennsylvania
$369 +$364 +3 New
CWP
1529
Concord Wealth Partners
Virginia
$60 -$131K -1,077 Closed
DWM
1530
Dogwood Wealth Management
Kansas
$5 – – –
N
1531
Natixis
France
– -$53.1M -445,966 Closed
KPWS
1532
Kestra Private Wealth Services
Texas
– -$5.56M -46,652 Closed
HCM
1533
Hilton Capital Management
New York
– -$4.85M -40,745 Closed
PCOC
1534
Power Corp of Canada
Canada
– -$4.33M -36,387 Closed
SO
1535
STRS Ohio
Ohio
– -$3.1M -26,000 Closed
Capital Fund Management (CFM)
1536
Capital Fund Management (CFM)
France
– -$2.88M -23,745 Closed
TIP
1537
Torray Investment Partners
Maryland
– -$2.35M -19,755 Closed
AWM
1538
Accurate Wealth Management
Florida
– -$2.33M -19,570 Closed
APWM
1539
Argonautica Private Wealth Management
Massachusetts
– -$2.25M -18,887 Closed
VF
1540
Virtu Financial
New York
– -$1.4M -11,754 Closed
SAG
1541
SageView Advisory Group
California
– -$1.34M -10,968 Closed
RAM
1542
Readystate Asset Management
Illinois
– -$1.15M -9,465 Closed
CC
1543
Cipher Capital
New York
– -$1.03M -8,619 Closed
YIH
1544
Y-Intercept (HK)
Hong Kong
– -$1.02M -8,537 Closed
Wolverine Trading
1545
Wolverine Trading
Illinois
– -$1.03M -8,506 Closed
BCM
1546
Bridgeway Capital Management
Texas
– -$917K -7,700 Closed
FI
1547
FJ Investments
Utah
– -$879K -7,383 Closed
Balyasny Asset Management
1548
Balyasny Asset Management
Illinois
– -$765K -6,303 Closed
EP
1549
Edgestream Partners
New Jersey
– -$698K -5,858 Closed
JCIA
1550
Jackson Creek Investment Advisors
Colorado
– -$693K -5,816 Closed
60 61
62
63 64

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.