Paychex
PAYX
1,530 hedge funds and large institutions have $33.1B invested in Paychex in 2024 Q1 according to their latest regulatory filings, with 113 funds opening new positions, 537 increasing their positions, 601 reducing their positions, and 77 closing their positions.
136% more call options, than puts
Call options by funds: $303M | Put options by funds: $128M
47% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 77
2% more funds holding
Funds holding: 1,507 → 1,530 (+23)
1.31% more ownership
Funds ownership: 73.7% → 75.02% (+1.3%)
5% more capital invested
Capital invested by funds: $31.6B → $33.1B (+$1.54B)
6% less funds holding in top 10
Funds holding in top 10: 16 → 15 (-1)
11% less repeat investments, than reductions
Existing positions increased: 537 | Existing positions reduced: 601
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$288M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$280M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$183M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$96.3M |
| 5 |
JP Morgan Chase
New York
|
+$95.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$431M |
| 2 |
Barclays
London,
United Kingdom
|
-$108M |
| 3 |
Holocene Advisors
New York
|
-$103M |
| 4 |
Select Equity Group
New York
|
-$94.9M |
| 5 |
Goldman Sachs
New York
|
-$77.3M |
PAYX Hedge Fund Activity: Q1 2024 in Review
1,530 of the 6,963 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q1 2024, worth a combined $33.1B — up 4.9% from $31.6B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new PAYX positions and 77 closed out — a net gain of 36 holders — while 537 added to existing stakes and 601 trimmed.
The largest buyer was Capital International Investors, adding an estimated $288M. The largest seller was Fidelity Investments, cutting an estimated $431M.
- 1,530 institutional investors held Paychex (PAYX) as of Q1 2024, up from 1,507 in Q4 2023.
- Funds reported $33.1B of Paychex stock for Q1 2024, up 4.9% quarter-over-quarter.
- 113 funds opened new Paychex positions in Q1 2024 and 77 closed out, a net change of +36 holders.
- The largest Paychex buyer in Q1 2024 was Capital International Investors, an estimated $288M added.
- The largest Paychex seller in Q1 2024 was Fidelity Investments, an estimated $431M sold.
Based on aggregated 13F filings for Q1 2024.