Paychex
PAYX
877 hedge funds and large institutions have $13.9B invested in Paychex in 2017 Q2 according to their latest regulatory filings, with 68 funds opening new positions, 336 increasing their positions, 325 reducing their positions, and 61 closing their positions.
144% more call options, than puts
Call options by funds: $139M | Put options by funds: $56.9M
11% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 61
3% more repeat investments, than reductions
Existing positions increased: 336 | Existing positions reduced: 325
0% more funds holding
Funds holding: 877 → 877 (0)
0.83% less ownership
Funds ownership: 68.96% → 68.13% (-0.83%)
4% less capital invested
Capital invested by funds: $14.6B → $13.9B (-$651M)
30% less funds holding in top 10
Funds holding in top 10: 20 → 14 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
|
+$105M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$76.8M |
| 3 |
Mawer Investment Management
Calgary,
Alberta, Canada
|
+$46.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$35.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$58.9M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$50.7M |
| 3 |
BlackRock
New York
|
-$34.7M |
| 4 |
BG
Bahl & Gaynor
Cincinnati,
Ohio
|
-$31.4M |
| 5 |
AII
AGF Investments Inc
Toronto,
Ontario, Canada
|
-$31.3M |
PAYX Hedge Fund Activity: Q2 2017 in Review
877 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q2 2017, worth a combined $13.9B — down 4.5% from $14.6B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new PAYX positions and 61 closed out — a net gain of 7 holders — while 336 added to existing stakes and 325 trimmed.
The largest buyer was Janus Henderson Group, adding an estimated $105M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $58.9M sold.
- 877 institutional investors held Paychex (PAYX) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $13.9B of Paychex stock for Q2 2017, down 4.5% quarter-over-quarter.
- 68 funds opened new Paychex positions in Q2 2017 and 61 closed out, a net change of +7 holders.
- The largest Paychex buyer in Q2 2017 was Janus Henderson Group, an estimated $105M added.
- The largest Paychex seller in Q2 2017 was Capital Research Global Investors, an estimated $58.9M sold.
Based on aggregated 13F filings for Q2 2017.