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Paychex Inc

PAYX
Exchange
Nasdaq
Industry
Services-Engineering, Accounting, Research, Management
SEC CIK
0000723531

In the last 90 days, Paychex Inc insiders filed 0 open-market purchases and 3 sales; 1,535 institutions reported holding it in 13F filings for Q2 2026, worth $29.1B in total; superinvestors Semper Augustus and Markel Group hold it.

13F holders, Q4 2022

Institutional positions in Paychex Inc as of Dec 31, 2022. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,449
+54 vs. Q3 2022
Shares held
260.5M
+3.69M (+1.4%) vs. Q3 2022
Total value
$30.1B
+$1.24B (+4.3%) vs. Q3 2022
New holders
145
516 more added
Sold out
91
513 more reduced

33 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting PAYX on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2022: 1,449 institutions
Q1 2021: 1,226 institutionsQ2 2021: 1,242 institutionsQ3 2021: 1,286 institutionsQ4 2021: 1,442 institutionsQ1 2022: 1,442 institutionsQ2 2022: 1,412 institutionsQ3 2022: 1,428 institutionsQ4 2022: 1,449 institutionsQ1 2023: 1,434 institutionsQ2 2023: 1,419 institutionsQ3 2023: 1,447 institutionsQ4 2023: 1,511 institutionsQ1 2024: 1,531 institutionsQ2 2024: 1,519 institutionsQ3 2024: 1,546 institutionsQ4 2024: 1,639 institutionsQ1 2025: 1,704 institutionsQ2 2025: 1,675 institutionsQ3 2025: 1,620 institutionsQ4 2025: 1,591 institutionsQ1 2026: 1,515 institutionsQ2 2026: 1,535 institutions
Value heldQ4 2022: $30.1B
Q1 2021: $24.8BQ2 2021: $27.2BQ3 2021: $28.6BQ4 2021: $34.6BQ1 2022: $34.8BQ2 2022: $29.4BQ3 2022: $28.9BQ4 2022: $30.1BQ1 2023: $30.2BQ2 2023: $29.2BQ3 2023: $30.1BQ4 2023: $31.5BQ1 2024: $33.1BQ2 2024: $32.4BQ3 2024: $37.1BQ4 2024: $39.4BQ1 2025: $43.3BQ2 2025: $40.7BQ3 2025: $34.8BQ4 2025: $33.1BQ1 2026: $27.2BQ2 2026: $29.1B
Institutions holding PAYX and their total value by quarter
QuarterHoldersValue
Q2 20261,535$29.1B
Q1 20261,515$27.2B
Q4 20251,591$33.1B
Q3 20251,620$34.8B
Q2 20251,675$40.7B
Q1 20251,704$43.3B
Q4 20241,639$39.4B
Q3 20241,546$37.1B
Q2 20241,519$32.4B
Q1 20241,531$33.1B
Q4 20231,511$31.5B
Q3 20231,447$30.1B
Q2 20231,419$29.2B
Q1 20231,434$30.2B
Q4 20221,449$30.1B
Q3 20221,428$28.9B
Q2 20221,412$29.4B
Q1 20221,442$34.8B
Q4 20211,442$34.6B
Q3 20211,286$28.6B
Q2 20211,242$27.2B
Q1 20211,226$24.8B

Institutions, Q4 2022

Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q3 2022.

Institutions holding PAYX in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.30,830,279$3.56B0.11%−152,641−0.5%Reduced
Vanguard Group Inc30,787,344$3.56B0.10%+512,078+1.7%Added
Capital International Investors13,967,474$1.61B0.43%−704,922−4.8%Reduced
State Street Corp13,123,899$1.52B0.09%−153,455−1.2%Reduced
Bank of New York Mellon Corp10,748,586$1.24B0.28%−145,863−1.3%Reduced
Wells Fargo & Company9,745,451$1.13B0.36%+34,616+0.4%Added
Bank of America Corp9,228,997$1.07B0.13%+125,466+1.4%Added
Geode Capital Management, LLC7,919,290$914.3M0.13%+105,504+1.4%Added
Charles Schwab Investment Management Inc6,673,275$771.2M0.25%+651,753+10.8%Added
Northern Trust Corp4,796,531$554.3M0.12%+67,588+1.4%Added
Morgan Stanley3,826,640$442.2M0.05%+336,299+9.6%Added
FMR LLC2,792,994$322.8M0.03%+962,738+52.6%Added
Legal & General Group Plc2,705,234$312.6M0.12%−118,749−4.2%Reduced
London Co of Virginia2,441,766$282.2M1.66%+1,433+0.1%Added
First Trust Advisors LP2,332,535$269.6M0.32%+155,205+7.1%Added
California Public Employees Retirement System2,183,381$252.3M0.22%−114,419−5.0%Reduced
Alliancebernstein L.P.2,027,436$234.3M0.11%+20,209+1.0%Added
Invesco Ltd.1,991,053$230.1M0.07%−780,266−28.2%Reduced
UBS Asset Management Americas Inc1,957,903$226.3M0.12%+25,503+1.3%Added
Goldman Sachs Group Inc1,913,414$221.1M0.06%−353,857−15.6%Reduced
Royal Bank of Canada1,854,053$214.3M0.06%+255,785+16.0%Added
Envestnet Asset Management Inc1,839,410$212.6M0.11%+49,392+2.8%Added
Bahl & Gaynor Inc1,698,183$196.2M1.23%−234,080−12.1%Reduced
Troy Asset Management Ltd1,694,250$195.8M5.48%+173,432+11.4%Added
Select Equity Group, L.P.1,624,798$187.8M0.73%+44,920+2.8%Added
Marshall Wace, LLP1,437,729$166.1M0.43%+699,825+94.8%Added
Dimensional Fund Advisors LP1,433,980$165.7M0.06%−228,324−13.7%Reduced
Mawer Investment Management Ltd.1,397,529$161.5M0.91%−138,311−9.0%Reduced
Credit Suisse AG1,326,433$153.3M0.16%−2,078−0.2%Reduced
Swiss National Bank1,316,500$152.1M0.11%−91,523−6.5%Reduced
Los Angeles Capital Management LLC1,292,403$149.4M0.73%−35,263−2.7%Reduced
UBS Group AG1,290,792$149.2M0.07%+291,313+29.1%Added
Confluence Investment Management LLC1,279,791$147.9M2.21%−3,175−0.2%Reduced
Sumitomo Mitsui Trust Holdings, Inc.1,253,327$144.8M0.11%+37,736+3.1%Added
APG Asset Management N.V.1,196,130$138.2M0.26%+267,910+28.9%Added
Guinness Asset Management LTD1,099,015$127.0M3.57%+124,068+12.7%Added
Amundi1,027,449$123.0M0.07%−143,190−12.2%Reduced
McDonald Capital Investors Inc1,030,360$119.1M9.89%−23,415−2.2%Reduced
Deutsche Bank AG981,915$113.5M0.07%+4,383+0.4%Added
Barclays PLC980,391$113.3M0.10%+471,671+92.7%Added
HSBC Holdings PLC980,160$113.0M0.14%+357,893+57.5%Added
Robeco Institutional Asset Management B.V.975,838$112.8M0.32%−135,677−12.2%Reduced
Baird Financial Group, Inc.953,001$110.1M0.29%+32,075+3.5%Added
Capital World Investors934,062$107.9M0.02%+305,053+48.5%Added
Nuveen Asset Management, LLC926,218$107.0M0.04%+13,997+1.5%Added
Price T Rowe Associates Inc916,473$105.9M0.02%+40,488+4.6%Added
Franklin Resources Inc912,894$105.5M0.05%+138,450+17.9%Added
Arrowstreet Capital, Limited Partnership873,247$100.9M0.14%−228,864−20.8%Reduced
Squarepoint Ops LLC867,503$100.2M0.74%+31,794+3.8%Added
Voya Investment Management LLC846,235$97.8M0.11%−15,954−1.9%Reduced
D. E. Shaw & Co., Inc.827,688$95.6M0.16%+405,092+95.9%Added
Glenmede Trust Co NA716,209$82.8M0.49%−921−0.1%Reduced
Lazard Asset Management LLC699,580$80.8M0.11%+48,978+7.5%Added
Hamlin Capital Management, LLC695,722$80.4M2.86%+24,145+3.6%Added
The PNC Financial Services Group, Inc.681,869$78.8M0.08%+4,390+0.6%Added
Rhumbline Advisers681,191$78.7M0.11%+22,210+3.4%Added
Stifel Financial Corp619,458$71.6M0.11%−40,731−6.2%Reduced
National Pension Service608,570$70.3M0.14%+25,970+4.5%Added
Victory Capital Management Inc589,150$68.1M0.08%+14,723+2.6%Added
TD Asset Management Inc584,145$67.5M0.08%+16,906+3.0%Added
New York State Common Retirement Fund579,325$66.9M0.09%+5,912+1.0%Added
Raymond James & Associates569,610$65.8M0.06%+8,305+1.5%Added
California State Teachers Retirement System566,298$65.4M0.10%+3,647+0.6%Added
Epoch Investment Partners, Inc.561,809$64.9M0.39%+21,251+3.9%Added
Parnassus Investments555,898$64.2M0.16%00.0%Unchanged
Nordea Investment Management AB557,374$64.2M0.10%−20,505−3.5%Reduced
Two Sigma Advisers, LP552,400$63.8M0.18%−259,000−31.9%Reduced
Neuberger Berman Group LLC543,434$62.8M0.06%−11,187−2.0%Reduced
Ameriprise Financial Inc537,895$62.2M0.02%−39,027−6.8%Reduced
Donaldson Capital Management, LLC518,122$59.9M2.92%+6,126+1.2%Added
Wedge Capital Management L L P517,301$59.8M0.96%+75,633+17.1%Added
Bank of Montreal515,486$59.6M0.05%−7,660−1.5%Reduced
JPMorgan Chase & Co506,372$58.5M0.01%+98,620+24.2%Added
Principal Financial Group Inc472,520$54.6M0.04%−3,486−0.7%Reduced
Fort Washington Investment Advisors Inc464,336$53.7M0.42%−3,387−0.7%Reduced
Schroder Investment Management Group459,536$53.1M0.08%−46,295−9.2%Reduced
BNP Paribas Arbitrage, SA452,087$52.2M0.13%+154,979+52.2%Added
Welch & Forbes LLC437,473$50.6M0.91%−569−0.1%Reduced
Great West Life Assurance Co429,888$49.9M0.13%+32,133+8.1%Added
Old Republic International Corporation428,600$49.5M1.55%−9,700−2.2%Reduced
Mitsubishi UFJ Trust & Banking Corp422,599$48.8M0.13%+29,983+7.6%Added
Citigroup Inc422,091$48.8M0.07%+123,778+41.5%Added
DekaBank Deutsche Girozentrale408,630$47.3M0.13%+132,625+48.1%Added
Qube Research & Technologies Ltd406,555$47.0M0.28%+34,397+9.2%Added
Ardevora Asset Management LLP405,370$46.8M0.80%−29,537−6.8%Reduced
Macquarie Group Ltd399,897$46.2M0.05%+3,577+0.9%Added
LPL Financial LLC399,870$46.2M0.04%+43,576+12.2%Added
Skandinaviska Enskilda Banken AB (publ)397,549$45.9M0.35%−31,126−7.3%Reduced
Mariner, LLC397,460$45.9M0.15%+35,535+9.8%Added
AQR Capital Management LLC397,088$45.7M0.10%−91,578−18.7%Reduced
Storebrand Asset Management AS389,022$45.0M0.25%−39,070−9.1%Reduced
Healthcare of Ontario Pension Plan Trust Fund385,788$44.6M0.23%+358,283+1,302.6%Added
GW&K Investment Management, LLC385,300$44.5M0.45%−3,554−0.9%Reduced
Grandfield & Dodd, LLC384,859$44.5M3.25%−1,167−0.3%Reduced
Welch Group, LLC384,504$44.4M2.54%+7,520+2.0%Added
Intech Investment Management LLC383,174$44.3M0.33%+27,762+7.8%Added
State Board of Administration of Florida Retirement System378,805$43.8M0.11%−6,040−1.6%Reduced
Mirae Asset Global Investments Co., Ltd.368,218$42.6M0.11%+1,234+0.3%Added
Advisor Group Holdings, Inc.360,040$41.6M0.08%+14,101+4.1%Added
New York State Teachers Retirement System356,597$41.2M0.10%−982−0.3%Reduced