Paychex
PAYX
1,507 hedge funds and large institutions have $31.6B invested in Paychex in 2023 Q4 according to their latest regulatory filings, with 168 funds opening new positions, 513 increasing their positions, 574 reducing their positions, and 84 closing their positions.
100% more first-time investments, than exits
New positions opened: 168 | Existing positions closed: 84
55% more call options, than puts
Call options by funds: $249M | Put options by funds: $161M
4% more funds holding
Funds holding: 1,443 → 1,507 (+64)
1.39% more ownership
Funds ownership: 72.31% → 73.7% (+1.4%)
5% more capital invested
Capital invested by funds: $30.1B → $31.6B (+$1.47B)
11% less repeat investments, than reductions
Existing positions increased: 513 | Existing positions reduced: 574
20% less funds holding in top 10
Funds holding in top 10: 20 → 16 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$181M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$115M |
| 3 |
Holocene Advisors
New York
|
+$109M |
| 4 |
BlackRock
New York
|
+$104M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$90.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$110M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$98.1M |
| 3 |
Millennium Management
New York
|
-$67.8M |
| 4 |
Two Sigma Investments
New York
|
-$55.7M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$46.1M |
PAYX Hedge Fund Activity: Q4 2023 in Review
1,507 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q4 2023, worth a combined $31.6B — up 4.9% from $30.1B a quarter earlier.
Buyers outnumbered sellers: 168 funds opened new PAYX positions and 84 closed out — a net gain of 84 holders — while 513 added to existing stakes and 574 trimmed.
The largest buyer was Capital International Investors, adding an estimated $181M. The largest seller was Bank of America, cutting an estimated $110M.
- 1,507 institutional investors held Paychex (PAYX) as of Q4 2023, up from 1,443 in Q3 2023.
- Funds reported $31.6B of Paychex stock for Q4 2023, up 4.9% quarter-over-quarter.
- 168 funds opened new Paychex positions in Q4 2023 and 84 closed out, a net change of +84 holders.
- The largest Paychex buyer in Q4 2023 was Capital International Investors, an estimated $181M added.
- The largest Paychex seller in Q4 2023 was Bank of America, an estimated $110M sold.
Based on aggregated 13F filings for Q4 2023.