Paychex
PAYX
680 hedge funds and large institutions have $10.1B invested in Paychex in 2014 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 268 increasing their positions, 260 reducing their positions, and 51 closing their positions.
245% more call options, than puts
Call options by funds: $139M | Put options by funds: $40.4M
3% more repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 260
1% less capital invested
Capital invested by funds: $10.2B → $10.1B (-$107M)
3% less funds holding
Funds holding: 698 → 680 (-18)
25% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 51
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$103M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$71.7M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$53.7M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$45.4M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$39.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$172M |
| 2 |
JP Morgan Chase
New York
|
-$61.4M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
-$21.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$15M |
PAYX Hedge Fund Activity: Q2 2014 in Review
680 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q2 2014, worth a combined $10.1B — down 1% from $10.2B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of PAYX and 38 opened new positions — a net loss of 13 holders — while 260 trimmed existing stakes and 268 added.
The largest buyer was Norges Bank, adding an estimated $103M. The largest seller was Capital World Investors, cutting an estimated $172M.
- 680 institutional investors held Paychex (PAYX) as of Q2 2014, down from 698 in Q1 2014.
- Funds reported $10.1B of Paychex stock for Q2 2014, down 1% quarter-over-quarter.
- 38 funds opened new Paychex positions in Q2 2014 and 51 closed out, a net change of -13 holders.
- The largest Paychex buyer in Q2 2014 was Norges Bank, an estimated $103M added.
- The largest Paychex seller in Q2 2014 was Capital World Investors, an estimated $172M sold.
Based on aggregated 13F filings for Q2 2014.