Paychex
PAYX
879 hedge funds and large institutions have $14.9B invested in Paychex in 2016 Q4 according to their latest regulatory filings, with 98 funds opening new positions, 308 increasing their positions, 335 reducing their positions, and 48 closing their positions.
132% more call options, than puts
Call options by funds: $168M | Put options by funds: $72.3M
104% more first-time investments, than exits
New positions opened: 98 | Existing positions closed: 48
9% more funds holding in top 10
Funds holding in top 10: 23 → 25 (+2)
5% more funds holding
Funds holding: 841 → 879 (+38)
8% less repeat investments, than reductions
Existing positions increased: 308 | Existing positions reduced: 335
1.02% less ownership
Funds ownership: 69.34% → 68.31% (-1%)
24% less capital inflows, than outflows
Capital inflows: $1.02B | Capital outflows: $1.33B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$147M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$123M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$81.3M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$71.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$48.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American International Group
New York
|
-$423M |
| 2 |
Bank of New York Mellon
New York
|
-$89.9M |
| 3 |
Capital Guardian Trust
Los Angeles,
California
|
-$60.6M |
| 4 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
-$53.1M |
| 5 |
BlackRock Fund Advisors
San Francisco,
California
|
-$47.4M |
PAYX Hedge Fund Activity: Q4 2016 in Review
879 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2016, worth a combined $14.9B — up 2.8% from $14.5B a quarter earlier.
Buyers outnumbered sellers: 98 funds opened new PAYX positions and 48 closed out — a net gain of 50 holders — while 308 added to existing stakes and 335 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $147M. The largest seller was American International Group, cutting an estimated $423M.
- 879 institutional investors held Paychex (PAYX) as of Q4 2016, up from 841 in Q3 2016.
- Funds reported $14.9B of Paychex stock for Q4 2016, up 2.8% quarter-over-quarter.
- 98 funds opened new Paychex positions in Q4 2016 and 48 closed out, a net change of +50 holders.
- The largest Paychex buyer in Q4 2016 was Fidelity Investments, an estimated $147M added.
- The largest Paychex seller in Q4 2016 was American International Group, an estimated $423M sold.
Based on aggregated 13F filings for Q4 2016.