Paychex
PAYX
1,224 hedge funds and large institutions have $24.8B invested in Paychex in 2021 Q1 according to their latest regulatory filings, with 101 funds opening new positions, 451 increasing their positions, 460 reducing their positions, and 80 closing their positions.
103% more call options, than puts
Call options by funds: $157M | Put options by funds: $77.4M
26% more first-time investments, than exits
New positions opened: 101 | Existing positions closed: 80
5% more capital invested
Capital invested by funds: $23.6B → $24.8B (+$1.23B)
1% more funds holding
Funds holding: 1,215 → 1,224 (+9)
0% more funds holding in top 10
Funds holding in top 10: 18 → 18 (0)
0.03% less ownership
Funds ownership: 70.4% → 70.37% (-0.03%)
2% less repeat investments, than reductions
Existing positions increased: 451 | Existing positions reduced: 460
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$357M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$190M |
| 3 |
Parnassus Investments
San Francisco,
California
|
+$69.7M |
| 4 |
Morgan Stanley
New York
|
+$36.6M |
| 5 |
Lazard Asset Management
New York
|
+$35.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$196M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$167M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$73.4M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$73.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$54M |
PAYX Hedge Fund Activity: Q1 2021 in Review
1,224 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2021, worth a combined $24.8B — up 5.2% from $23.6B a quarter earlier.
Buyers outnumbered sellers: 101 funds opened new PAYX positions and 80 closed out — a net gain of 21 holders — while 451 added to existing stakes and 460 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $357M. The largest seller was BlackRock, cutting an estimated $196M.
- 1,224 institutional investors held Paychex (PAYX) as of Q1 2021, up from 1,215 in Q4 2020.
- Funds reported $24.8B of Paychex stock for Q1 2021, up 5.2% quarter-over-quarter.
- 101 funds opened new Paychex positions in Q1 2021 and 80 closed out, a net change of +21 holders.
- The largest Paychex buyer in Q1 2021 was Bank of New York Mellon, an estimated $357M added.
- The largest Paychex seller in Q1 2021 was BlackRock, an estimated $196M sold.
Based on aggregated 13F filings for Q1 2021.