Paychex
PAYX
1,541 hedge funds and large institutions have $37.1B invested in Paychex in 2024 Q3 according to their latest regulatory filings, with 138 funds opening new positions, 554 increasing their positions, 575 reducing their positions, and 92 closing their positions.
50% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 92
14% more capital invested
Capital invested by funds: $32.4B → $37.1B (+$4.68B)
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
2% more funds holding
Funds holding: 1,513 → 1,541 (+28)
1.1% more ownership
Funds ownership: 75.96% → 77.06% (+1.1%)
4% less repeat investments, than reductions
Existing positions increased: 554 | Existing positions reduced: 575
16% less call options, than puts
Call options by funds: $352M | Put options by funds: $417M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$282M |
| 2 |
JP Morgan Chase
New York
|
+$198M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$146M |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$101M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$88.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$131M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$63.1M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$55.8M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$52.4M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$48.7M |
PAYX Hedge Fund Activity: Q3 2024 in Review
1,541 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2024, worth a combined $37.1B — up 14% from $32.4B a quarter earlier.
Buyers outnumbered sellers: 138 funds opened new PAYX positions and 92 closed out — a net gain of 46 holders — while 554 added to existing stakes and 575 trimmed.
The largest buyer was Capital International Investors, adding an estimated $282M. The largest seller was BlackRock, cutting an estimated $131M.
- 1,541 institutional investors held Paychex (PAYX) as of Q3 2024, up from 1,513 in Q2 2024.
- Funds reported $37.1B of Paychex stock for Q3 2024, up 14% quarter-over-quarter.
- 138 funds opened new Paychex positions in Q3 2024 and 92 closed out, a net change of +46 holders.
- The largest Paychex buyer in Q3 2024 was Capital International Investors, an estimated $282M added.
- The largest Paychex seller in Q3 2024 was BlackRock, an estimated $131M sold.
Based on aggregated 13F filings for Q3 2024.