Paychex
PAYX
698 hedge funds and large institutions have $10.8B invested in Paychex in 2014 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 289 increasing their positions, 259 reducing their positions, and 27 closing their positions.
268% more call options, than puts
Call options by funds: $186M | Put options by funds: $50.7M
93% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 27
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
12% more repeat investments, than reductions
Existing positions increased: 289 | Existing positions reduced: 259
6% more capital invested
Capital invested by funds: $10.1B → $10.8B (+$623M)
3% more funds holding
Funds holding: 680 → 698 (+18)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$73.4M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$55.3M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$40.1M |
| 4 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
+$31M |
| 5 |
Bank of New York Mellon
New York
|
+$29.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$105M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$47.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$41.5M |
| 4 |
AIG
American International Group
New York
|
-$31.1M |
| 5 |
Select Equity Group
New York
|
-$28.5M |
PAYX Hedge Fund Activity: Q3 2014 in Review
698 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q3 2014, worth a combined $10.8B — up 6.2% from $10.1B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new PAYX positions and 27 closed out — a net gain of 25 holders — while 289 added to existing stakes and 259 trimmed.
The largest buyer was Managed Account Advisors, adding an estimated $73.4M. The largest seller was Norges Bank, cutting an estimated $105M.
- 698 institutional investors held Paychex (PAYX) as of Q3 2014, up from 680 in Q2 2014.
- Funds reported $10.8B of Paychex stock for Q3 2014, up 6.2% quarter-over-quarter.
- 52 funds opened new Paychex positions in Q3 2014 and 27 closed out, a net change of +25 holders.
- The largest Paychex buyer in Q3 2014 was Managed Account Advisors, an estimated $73.4M added.
- The largest Paychex seller in Q3 2014 was Norges Bank, an estimated $105M sold.
Based on aggregated 13F filings for Q3 2014.