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
GWS
1576
Glassman Wealth Services
Virginia
– -$221K -1,856 Closed
AWA
1577
Arete Wealth Advisors
Illinois
– -$220K -1,845 Closed
EA
1578
Everpar Advisors
Oklahoma
– -$215K -1,808 Closed
MFS
1579
Mirabella Financial Services
United Kingdom
– -$213K -1,787 Closed
GCM
1580
Greenland Capital Management
New York
– -$210K -1,760 Closed
VPP
1581
Vertex Planning Partners
Illinois
– -$204K -1,710 Closed
IFG
1582
Independent Financial Group
California
– -$203K -1,706 Closed
NMM
1583
Naples Money Management
Florida
– -$162K -1,362 Closed
SW
1584
SteelPeak Wealth
California
– -$93.5K -785 Closed
AIMA
1585
Ables Iannone Moore & Associates
Georgia
– -$71.5K -600 Closed
LFA
1586
Level Financial Advisors
New York
– -$66.9K -562 Closed
RFA
1587
Resurgent Financial Advisors
Georgia
– -$58.7K -493 Closed
JSAM
1588
J. Safra Asset Management
New York
– -$57.1K -479 Closed
TCWA
1589
Turtle Creek Wealth Advisors
Texas
– -$40.7K -342 Closed
ASBI
1590
American State Bank (Iowa)
Iowa
– -$39.3K -330 Closed
RIM
1591
Rockbridge Investment Management
New York
– -$33.5K -281 Closed
PCA
1592
Providence Capital Advisors
North Carolina
– -$29.8K -250 Closed
WTG
1593
West Tower Group
Virginia
– -$27.6K -232 Closed
TSW
1594
Thompson Siegel & Walmsley
Virginia
– -$26K -220 Closed
DCP
1595
DSM Capital Partners
Florida
– -$21.6K -181 Closed
VWM
1596
Valley Wealth Managers
New Jersey
– -$15.5K -130 Closed
SA
1597
Scarborough Advisors
Maryland
– -$14.5K -122 Closed
DAC
1598
Dividend Assets Capital
South Carolina
– -$13K -108 Closed
HIIFS
1599
Harel Insurance Investments & Financial Services
Israel
– -$9K -75 Closed
NC
1600
NewSquare Capital
Pennsylvania
– -$8.93K -75 Closed
61 62 63
64
65

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.