Paychex
PAYX
877 hedge funds and large institutions have $14.6B invested in Paychex in 2017 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 328 increasing their positions, 345 reducing their positions, and 71 closing their positions.
90% more call options, than puts
Call options by funds: $114M | Put options by funds: $60.1M
7% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 71
0.65% more ownership
Funds ownership: 68.31% → 68.96% (+0.65%)
0% less funds holding
Funds holding: 879 → 877 (-2)
2% less capital invested
Capital invested by funds: $14.9B → $14.6B (-$320M)
5% less repeat investments, than reductions
Existing positions increased: 328 | Existing positions reduced: 345
20% less funds holding in top 10
Funds holding in top 10: 25 → 20 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.51B |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$49.5M |
| 3 |
JP Morgan Chase
New York
|
+$46.2M |
| 4 |
Morgan Stanley
New York
|
+$36.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$35.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$167M |
| 2 |
MIS
Morningstar Investment Services
Chicago,
Illinois
|
-$48.8M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$28.7M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$24.4M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$20.2M |
PAYX Hedge Fund Activity: Q1 2017 in Review
877 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2017, worth a combined $14.6B — down 2.1% from $14.9B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new PAYX positions and 71 closed out — a net gain of 5 holders — while 328 added to existing stakes and 345 trimmed.
The largest buyer was BlackRock, adding an estimated $1.51B. The largest seller was Capital World Investors, cutting an estimated $167M.
- 877 institutional investors held Paychex (PAYX) as of Q1 2017, down from 879 in Q4 2016.
- Funds reported $14.6B of Paychex stock for Q1 2017, down 2.1% quarter-over-quarter.
- 76 funds opened new Paychex positions in Q1 2017 and 71 closed out, a net change of +5 holders.
- The largest Paychex buyer in Q1 2017 was BlackRock, an estimated $1.51B added.
- The largest Paychex seller in Q1 2017 was Capital World Investors, an estimated $167M sold.
Based on aggregated 13F filings for Q1 2017.