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Paychex

1,094 hedge funds and large institutions have $19.4B invested in Paychex in 2020 Q2 according to their latest regulatory filings, with 135 funds opening new positions, 353 increasing their positions, 452 reducing their positions, and 106 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more call options, than puts

Call options by funds: $166M | Put options by funds: $85.6M

27% more first-time investments, than exits

New positions opened: 135 | Existing positions closed: 106

23% more capital invested

Capital invested by funds: $15.8B → $19.4B (+$3.62B)

21% more funds holding in top 10

Funds holding in top 10: 1417 (+3)

2% more funds holding

Funds holding: 1,0741,094 (+20)

1.69% more ownership

Funds ownership: 69.77%71.46% (+1.7%)

22% less repeat investments, than reductions

Existing positions increased: 353 | Existing positions reduced: 452

Holders
1,094
Holders Change
+20
Holders Change %
+1.86%
% of All Funds
22.43%
Holding in Top 10
17
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+21.43%
% of All Funds
0.35%
New
135
Increased
353
Reduced
452
Closed
106
Calls
$166M
Puts
$85.6M
Net Calls
+$80.2M
Net Calls Change
+$9.63M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$2.62B -$106M -1,524,690 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$2.1B -$15.3M -220,531 -0.8%
State Street
3
State Street
Massachusetts
$1.06B -$14.2M -204,811 -1%
Bank of America
4
Bank of America
North Carolina
$773M +$21.4M +308,291 +3%
Capital International Investors
5
Capital International Investors
California
$722M +$592M +8,536,662 +856%
Wells Fargo
6
Wells Fargo
California
$668M +$542K +7,821 +0.1%
Bank of New York Mellon
7
Bank of New York Mellon
New York
$481M -$3.64M -52,478 -0.8%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$472M -$1.12M -16,097 -0.3%
Northern Trust
9
Northern Trust
Illinois
$396M -$5.57M -80,363 -2%
Select Equity Group
10
Select Equity Group
New York
$389M -$277K -3,992 -0.1%
Charles Schwab
11
Charles Schwab
California
$299M +$88.2M +1,272,990 +48%
Nordea Investment Management
12
Nordea Investment Management
Sweden
$290M +$184M +2,654,543 +214%
Norges Bank
13
Norges Bank
Norway
$236M +$1.1M +15,883 +0.5%
BG
14
Bahl & Gaynor
Ohio
$216M +$2.52M +36,324 +1%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$209M +$8.68M +125,259 +5%
AIG
16
American International Group
New York
$206M +$167M +2,412,651 +771%
California Public Employees Retirement System
17
California Public Employees Retirement System
California
$205M -$454K -6,544 -0.2%
TAM
18
Troy Asset Management
United Kingdom
$178M +$46.3M +668,577 +40%
Legal & General Group
19
Legal & General Group
United Kingdom
$175M -$16.3M -235,092 -9%
LCOV
20
London Company of Virginia
Virginia
$171M +$3.85M +55,613 +3%
Swiss National Bank
21
Swiss National Bank
Switzerland
$165M -$1.68M -24,200 -1%
UBS AM
22
UBS AM
Illinois
$154M -$36.7M -528,886 -21%
Goldman Sachs
23
Goldman Sachs
New York
$151M -$16.3M -235,644 -11%
CS
24
Credit Suisse
Switzerland
$133M +$9.86M +142,260 +9%
Sumitomo Mitsui Trust Group
25
Sumitomo Mitsui Trust Group
Japan
$127M +$1.14M +16,456 +1%

PAYX Hedge Fund Activity: Q2 2020 in Review

1,094 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q2 2020, worth a combined $19.4B — up 23% from $15.8B a quarter earlier.

Buyers outnumbered sellers: 135 funds opened new PAYX positions and 106 closed out — a net gain of 29 holders — while 353 added to existing stakes and 452 trimmed.

The largest buyer was Capital International Investors, adding an estimated $592M. The largest seller was BlackRock, cutting an estimated $106M.

  • 1,094 institutional investors held Paychex (PAYX) as of Q2 2020, up from 1,074 in Q1 2020.
  • Funds reported $19.4B of Paychex stock for Q2 2020, up 23% quarter-over-quarter.
  • 135 funds opened new Paychex positions in Q2 2020 and 106 closed out, a net change of +29 holders.
  • The largest Paychex buyer in Q2 2020 was Capital International Investors, an estimated $592M added.
  • The largest Paychex seller in Q2 2020 was BlackRock, an estimated $106M sold.

Based on aggregated 13F filings for Q2 2020.