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Paychex

1,075 hedge funds and large institutions have $15.8B invested in Paychex in 2020 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 375 increasing their positions, 458 reducing their positions, and 168 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $133M | Put options by funds: $62.3M

0.45% more ownership

Funds ownership: 69.32%69.77% (+0.45%)

9% less funds holding

Funds holding: 1,1811,075 (-106)

18% less funds holding in top 10

Funds holding in top 10: 1714 (-3)

18% less repeat investments, than reductions

Existing positions increased: 375 | Existing positions reduced: 458

25% less capital invested

Capital invested by funds: $21.1B → $15.8B (-$5.33B)

54% less first-time investments, than exits

New positions opened: 77 | Existing positions closed: 168

Holders
1,075
Holders Change
-106
Holders Change %
-8.98%
% of All Funds
23.68%
Holding in Top 10
14
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-17.65%
% of All Funds
0.31%
New
77
Increased
375
Reduced
458
Closed
168
Calls
$133M
Puts
$62.3M
Net Calls
+$70.6M
Net Calls Change
-$33.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Truist Financial
151
Truist Financial
North Carolina
$11.8M -$14.8M -185,848 -50%
WCA
152
Waratah Capital Advisors
Ontario, Canada
$11.7M +$13.6M +170,474 +1,051%
GC
153
Greenlight Capital
New York
$11.6M +$14.8M +185,000 New
CCP
154
Clarkston Capital Partners
Michigan
$11.5M -$1.08M -13,485 -7%
DWM
155
Doyle Wealth Management
Florida
$11.4M +$38.3K +479 +0.3%
ClearBridge Investments
156
ClearBridge Investments
New York
$11.3M -$900K -11,262 -6%
CM
157
Churchill Management
California
$11.3M -$1.38M -17,291 -9%
GGI
158
Godsey & Gibb Inc
Virginia
$11.3M -$313K -3,923 -2%
MAM
159
Madison Asset Management
Wisconsin
$11.3M +$3.26M +40,755 +30%
GAM
160
Gotham Asset Management
New York
$11.2M +$9M +112,612 +171%
Toronto Dominion Bank
161
Toronto Dominion Bank
Ontario, Canada
$11.1M -$3.62M -45,368 -20%
CGH
162
Crossmark Global Holdings
Texas
$11M -$219K -2,747 -2%
Ohio Public Employees Retirement System (OPERS)
163
Ohio Public Employees Retirement System (OPERS)
Ohio
$11M -$244K -3,056 -2%
Canada Pension Plan Investment Board
164
Canada Pension Plan Investment Board
Ontario, Canada
$10.8M -$257K -3,216 -2%
Mariner
165
Mariner
Kansas
$10.7M +$1.8M +22,568 +15%
RJFSA
166
Raymond James Financial Services Advisors
Florida
$10.5M -$278K -3,482 -2%
NIPH
167
NN Investment Partners Holdings
Netherlands
$10.5M +$4M +50,076 +43%
Nomura Asset Management
168
Nomura Asset Management
Japan
$10.5M +$1.85M +23,166 +16%
M&T Bank
169
M&T Bank
New York
$10.4M +$108K +1,355 +0.8%
Adage Capital Partners
170
Adage Capital Partners
Massachusetts
$10.2M -$11.7M -146,600 -47%
LG
171
LaFleur & Godfrey
Michigan
$9.87M +$126K +1,582 +1%
HCM
172
Howland Capital Management
Massachusetts
$9.77M -$3.26M -40,798 -21%
MG
173
Markel Group
Virginia
$9.44M
IHL
174
Investment House LLC
California
$9.38M +$197K +2,460 +2%
VCAM
175
Van Cleef Asset Management
Ohio
$9.34M +$614K +7,685 +5%

PAYX Hedge Fund Activity: Q1 2020 in Review

1,075 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2020, worth a combined $15.8B — down 25% from $21.1B a quarter earlier.

Sellers outnumbered buyers: 168 funds closed out of PAYX and 77 opened new positions — a net loss of 91 holders — while 458 trimmed existing stakes and 375 added.

The largest buyer was Select Equity Group, adding an estimated $149M. The largest seller was Wells Fargo, cutting an estimated $82.8M.

  • 1,075 institutional investors held Paychex (PAYX) as of Q1 2020, down from 1,181 in Q4 2019.
  • Funds reported $15.8B of Paychex stock for Q1 2020, down 25% quarter-over-quarter.
  • 77 funds opened new Paychex positions in Q1 2020 and 168 closed out, a net change of -91 holders.
  • The largest Paychex buyer in Q1 2020 was Select Equity Group, an estimated $149M added.
  • The largest Paychex seller in Q1 2020 was Wells Fargo, an estimated $82.8M sold.

Based on aggregated 13F filings for Q1 2020.