Paychex
PAYX
1,618 hedge funds and large institutions have $34.8B invested in Paychex in 2025 Q3 according to their latest regulatory filings, with 128 funds opening new positions, 520 increasing their positions, 670 reducing their positions, and 161 closing their positions.
33% more call options, than puts
Call options by funds: $348M | Put options by funds: $262M
1.55% less ownership
Funds ownership: 77.87% → 76.32% (-1.6%)
3% less funds holding
Funds holding: 1,673 → 1,618 (-55)
16% less capital invested
Capital invested by funds: $41.5B → $34.8B (-$6.71B)
20% less first-time investments, than exits
New positions opened: 128 | Existing positions closed: 161
22% less repeat investments, than reductions
Existing positions increased: 520 | Existing positions reduced: 670
45% less funds holding in top 10
Funds holding in top 10: 22 → 12 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$770M |
| 2 |
WorldQuant Millennium Advisors
New York
|
+$180M |
| 3 |
Voloridge Investment Management
Jupiter,
Florida
|
+$129M |
| 4 |
Millennium Management
New York
|
+$125M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$104M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$484M |
| 2 |
Bank of New York Mellon
New York
|
-$431M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$149M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$146M |
| 5 |
EIP
Epoch Investment Partners
New York
|
-$130M |
PAYX Hedge Fund Activity: Q3 2025 in Review
1,618 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2025, worth a combined $34.8B — down 16% from $41.5B a quarter earlier.
Sellers outnumbered buyers: 161 funds closed out of PAYX and 128 opened new positions — a net loss of 33 holders — while 670 trimmed existing stakes and 520 added.
The largest buyer was Vanguard Group, adding an estimated $770M. The largest seller was Capital International Investors, cutting an estimated $484M.
- 1,618 institutional investors held Paychex (PAYX) as of Q3 2025, down from 1,673 in Q2 2025.
- Funds reported $34.8B of Paychex stock for Q3 2025, down 16% quarter-over-quarter.
- 128 funds opened new Paychex positions in Q3 2025 and 161 closed out, a net change of -33 holders.
- The largest Paychex buyer in Q3 2025 was Vanguard Group, an estimated $770M added.
- The largest Paychex seller in Q3 2025 was Capital International Investors, an estimated $484M sold.
Based on aggregated 13F filings for Q3 2025.