Paychex
PAYX
1,074 hedge funds and large institutions have $15.7B invested in Paychex in 2020 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 374 increasing their positions, 458 reducing their positions, and 167 closing their positions.
113% more call options, than puts
Call options by funds: $133M | Put options by funds: $62.3M
0.35% more ownership
Funds ownership: 69.29% → 69.64% (+0.35%)
9% less funds holding
Funds holding: 1,181 → 1,074 (-107)
18% less funds holding in top 10
Funds holding in top 10: 17 → 14 (-3)
18% less repeat investments, than reductions
Existing positions increased: 374 | Existing positions reduced: 458
25% less capital invested
Capital invested by funds: $21.1B → $15.7B (-$5.36B)
54% less first-time investments, than exits
New positions opened: 77 | Existing positions closed: 167
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$149M |
| 2 |
TAM
Troy Asset Management
London,
United Kingdom
|
+$126M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$92.5M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$79.7M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$72.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$82.8M |
| 2 |
Goldman Sachs
New York
|
-$80.2M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$77.9M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$57M |
| 5 |
Janus Henderson Group
London,
|
-$52.6M |
PAYX Hedge Fund Activity: Q1 2020 in Review
1,074 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2020, worth a combined $15.7B — down 25% from $21.1B a quarter earlier.
Sellers outnumbered buyers: 167 funds closed out of PAYX and 77 opened new positions — a net loss of 90 holders — while 458 trimmed existing stakes and 374 added.
The largest buyer was Select Equity Group, adding an estimated $149M. The largest seller was Wells Fargo, cutting an estimated $82.8M.
- 1,074 institutional investors held Paychex (PAYX) as of Q1 2020, down from 1,181 in Q4 2019.
- Funds reported $15.7B of Paychex stock for Q1 2020, down 25% quarter-over-quarter.
- 77 funds opened new Paychex positions in Q1 2020 and 167 closed out, a net change of -90 holders.
- The largest Paychex buyer in Q1 2020 was Select Equity Group, an estimated $149M added.
- The largest Paychex seller in Q1 2020 was Wells Fargo, an estimated $82.8M sold.
Based on aggregated 13F filings for Q1 2020.