Paychex
PAYX
1,674 hedge funds and large institutions have $40.7B invested in Paychex in 2025 Q2 according to their latest regulatory filings, with 111 funds opening new positions, 602 increasing their positions, 618 reducing their positions, and 119 closing their positions.
0.35% less ownership
Funds ownership: 78% → 77.65% (-0.35%)
1% less call options, than puts
Call options by funds: $315M | Put options by funds: $319M
3% less repeat investments, than reductions
Existing positions increased: 602 | Existing positions reduced: 618
7% less first-time investments, than exits
New positions opened: 111 | Existing positions closed: 119
2% less funds holding
Funds holding: 1,704 → 1,674 (-30)
6% less capital invested
Capital invested by funds: $43.3B → $40.7B (-$2.65B)
29% less funds holding in top 10
Funds holding in top 10: 31 → 22 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$297M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$104M |
| 3 |
JP Morgan Chase
New York
|
+$86.5M |
| 4 |
Select Equity Group
New York
|
+$83.9M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$71.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$474M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$206M |
| 3 |
Morgan Stanley
New York
|
-$190M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$77.5M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$76.5M |
PAYX Hedge Fund Activity: Q2 2025 in Review
1,674 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Paychex (PAYX) for Q2 2025, worth a combined $40.7B — down 6.1% from $43.3B a quarter earlier.
Sellers outnumbered buyers: 119 funds closed out of PAYX and 111 opened new positions — a net loss of 8 holders — while 618 trimmed existing stakes and 602 added.
The largest buyer was Norges Bank, adding an estimated $297M. The largest seller was Capital International Investors, cutting an estimated $474M.
- 1,674 institutional investors held Paychex (PAYX) as of Q2 2025, down from 1,704 in Q1 2025.
- Funds reported $40.7B of Paychex stock for Q2 2025, down 6.1% quarter-over-quarter.
- 111 funds opened new Paychex positions in Q2 2025 and 119 closed out, a net change of -8 holders.
- The largest Paychex buyer in Q2 2025 was Norges Bank, an estimated $297M added.
- The largest Paychex seller in Q2 2025 was Capital International Investors, an estimated $474M sold.
Based on aggregated 13F filings for Q2 2025.