Paychex
PAYX
641 hedge funds and large institutions have $10.3B invested in Paychex in 2013 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 249 increasing their positions, 227 reducing their positions, and 33 closing their positions.
207% more call options, than puts
Call options by funds: $211M | Put options by funds: $68.8M
82% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 33
12% more capital invested
Capital invested by funds: $9.25B → $10.3B (+$1.08B)
4% more funds holding
Funds holding: 619 → 641 (+22)
10% more repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 227
0% more funds holding in top 10
Funds holding in top 10: 15 → 15 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
+$63.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$34.4M |
| 3 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$30.8M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$29.4M |
| 5 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
+$27.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$65.2M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$44.3M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$42.7M |
| 4 |
GE
General Electric
Evendale,
Ohio
|
-$31.8M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$27M |
PAYX Hedge Fund Activity: Q3 2013 in Review
641 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2013, worth a combined $10.3B — up 12% from $9.25B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new PAYX positions and 33 closed out — a net gain of 27 holders — while 249 added to existing stakes and 227 trimmed.
The largest buyer was APG Asset Management, adding an estimated $63.2M. The largest seller was Bank of New York Mellon, cutting an estimated $65.2M.
- 641 institutional investors held Paychex (PAYX) as of Q3 2013, up from 619 in Q2 2013.
- Funds reported $10.3B of Paychex stock for Q3 2013, up 12% quarter-over-quarter.
- 60 funds opened new Paychex positions in Q3 2013 and 33 closed out, a net change of +27 holders.
- The largest Paychex buyer in Q3 2013 was APG Asset Management, an estimated $63.2M added.
- The largest Paychex seller in Q3 2013 was Bank of New York Mellon, an estimated $65.2M sold.
Based on aggregated 13F filings for Q3 2013.