Paychex
PAYX
843 hedge funds and large institutions have $15.1B invested in Paychex in 2016 Q2 according to their latest regulatory filings, with 69 funds opening new positions, 348 increasing their positions, 278 reducing their positions, and 48 closing their positions.
293% more call options, than puts
Call options by funds: $318M | Put options by funds: $80.8M
44% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 48
30% more funds holding in top 10
Funds holding in top 10: 23 → 30 (+7)
25% more repeat investments, than reductions
Existing positions increased: 348 | Existing positions reduced: 278
13% more capital invested
Capital invested by funds: $13.4B → $15.1B (+$1.69B)
2% more funds holding
Funds holding: 829 → 843 (+14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$65M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$55.2M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$50.2M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$47.5M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$43.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$48.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$28.4M |
| 3 |
AI
Analytic Investors
Los Angeles,
California
|
-$23.1M |
| 4 |
State Street
Boston,
Massachusetts
|
-$22M |
| 5 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$18.9M |
PAYX Hedge Fund Activity: Q2 2016 in Review
843 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q2 2016, worth a combined $15.1B — up 13% from $13.4B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new PAYX positions and 48 closed out — a net gain of 21 holders — while 348 added to existing stakes and 278 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $65M. The largest seller was Millennium Management, cutting an estimated $48.2M.
- 843 institutional investors held Paychex (PAYX) as of Q2 2016, up from 829 in Q1 2016.
- Funds reported $15.1B of Paychex stock for Q2 2016, up 13% quarter-over-quarter.
- 69 funds opened new Paychex positions in Q2 2016 and 48 closed out, a net change of +21 holders.
- The largest Paychex buyer in Q2 2016 was VOYA Investment Management, an estimated $65M added.
- The largest Paychex seller in Q2 2016 was Millennium Management, an estimated $48.2M sold.
Based on aggregated 13F filings for Q2 2016.