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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
State of Alaska, Department of Revenue71,605$8.27M0.10%−475−0.7%Reduced
Williams Jones Wealth Management, LLC.71,987$8.32M0.14%+4,121+6.1%Added
Massmutual Trust Co FSB73,764$8.52M0.35%+150+0.2%Added
Cooper/Haims Advisors, LLC73,783$8.53M6.05%00.0%Unchanged
Kornitzer Capital Management Inc73,818$8.53M0.17%−1,348−1.8%Reduced
Comerica Bank72,083$8.54M0.07%+3,218+4.7%Added
Howland Capital Management LLC74,819$8.65M0.53%−3,582−4.6%Reduced
Alesco Advisors LLC75,840$8.76M0.34%−136−0.2%Reduced
Raymond James Trust N.A.76,054$8.79M0.30%+210.0%Added
MainStreet Investment Advisors LLC77,470$8.95M1.00%−3,710−4.6%Reduced
North Star Investment Management Corp.77,831$8.99M0.80%+269+0.3%Added
Andra AP-fonden78,000$9.01M0.27%−19,500−20.0%Reduced
Xponance, Inc.78,367$9.06M0.15%+7,520+10.6%Added
Janus Henderson Group PLC78,427$9.06M0.01%+12,324+18.6%Added
Thrivent Financial for Lutherans78,664$9.10M0.02%+2,359+3.1%Added
First Nebraska Trust Co79,148$9.15M1.19%−523−0.7%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main79,244$9.16M0.02%00.0%Unchanged
Guggenheim Capital LLC79,717$9.21M0.08%−6,063−7.1%Reduced
Callahan Advisors, LLC80,122$9.26M1.27%+469+0.6%Added
Clearbridge Investments, LLC80,561$9.31M0.01%+4,180+5.5%Added
Franklin Street Advisors Inc80,593$9.31M0.88%−8,427−9.5%Reduced
First Financial Bank - Trust Division82,193$9.50M1.03%−8,139−9.0%Reduced
Canandaigua National Corp83,185$9.61M1.63%+10,345+14.2%Added
ClariVest Asset Management LLC83,754$9.68M0.47%−2,016−2.4%Reduced
Bourne Lent Asset Management Inc83,957$9.70M4.16%−1,300−1.5%Reduced
Lafayette Investments, Inc.84,882$9.81M2.76%+51+0.1%Added
Umb Bank N A85,690$9.90M0.16%−4,122−4.6%Reduced
Illinois Municipal Retirement Fund87,598$10.1M0.23%−4,017−4.4%Reduced
Amalgamated Bank87,796$10.1M0.09%−8,210−8.6%Reduced
Arizona State Retirement System88,258$10.2M0.10%−62−0.1%Reduced
Swedbank AB88,785$10.3M0.02%+69,619+363.2%Added
Prana Capital Management, LP88,796$10.3M0.79%+88,796New
Millennium Management LLC88,810$10.3M0.01%−230,341−72.2%Reduced
Jane Street Group, LLC89,534$10.3M0.02%−20,246−18.4%Reduced
Rafferty Asset Management, LLC90,825$10.5M0.09%−7,977−8.1%Reduced
Vantage Investment Partners, LLC92,505$10.7M1.66%+7,388+8.7%Added
Motley Fool Wealth Management, LLC92,957$10.7M0.75%+1,786+2.0%Added
State of Michigan Retirement System93,177$10.8M0.08%+1,100+1.2%Added
MetLife Investment Management96,640$11.2M0.08%−1,809−1.8%Reduced
CIBC Asset Management Inc96,715$11.2M0.05%−2,609−2.6%Reduced
JGP Wealth Management, LLC97,447$11.3M2.07%+2,533+2.7%Added
Bridgewater Associates, LP98,133$11.3M0.06%−4,601−4.5%Reduced
Stephens Inc100,747$11.6M0.24%+467+0.5%Added
Madison Asset Management, LLC100,793$11.6M0.18%−4,519−4.3%Reduced
Avalon Investment & Advisory102,676$11.9M0.34%−1,363−1.3%Reduced
Retirement Systems of Alabama102,758$11.9M0.05%−3,635−3.4%Reduced
Vestcor Inc102,759$11.9M0.44%+2,680+2.7%Added
Creative Planning104,415$12.1M0.02%+1,455+1.4%Added
Carlson Capital L P105,157$12.2M0.93%+66,557+172.4%Added
Nisa Investment Advisors, LLC107,570$12.4M0.10%−3,827−3.4%Reduced
Standard Life Aberdeen plc108,250$12.5M0.03%+14,079+15.0%Added
Cookson Peirce & Co Inc108,473$12.5M0.81%+1,608+1.5%Added
Achmea Investment Management B.V.116,926$12.7M0.42%+2,084+1.8%Added
Baxter Bros Inc109,943$12.7M2.09%−1,606−1.4%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.111,030$12.8M0.19%+3,322+3.1%Added
Boston Trust Walden Corp111,264$12.9M0.11%+60+0.1%Added
O'Shaughnessy Asset Management, LLC114,277$13.2M0.22%+4,068+3.7%Added
Calamos Advisors LLC114,826$13.3M0.06%−20,302−15.0%Reduced
Eagle Asset Management Inc114,827$13.3M0.08%−520.0%Reduced
National Bank of Canada114,891$13.3M0.04%+67,994+145.0%Added
Captrust Financial Advisors115,491$13.3M0.07%+3,164+2.8%Added
Royal London Asset Management Ltd115,788$13.4M0.06%+6,582+6.0%Added
Blue Chip Partners, Inc.116,866$13.5M1.68%+5,119+4.6%Added
Natixis Advisors, L.P.121,841$14.1M0.05%−8,242−6.3%Reduced
United Services Automobile Association123,058$14.2M0.33%−1,006−0.8%Reduced
LaFleur & Godfrey LLC124,356$14.4M2.40%+586+0.5%Added
American International Group, Inc.127,877$14.8M0.10%−736−0.6%Reduced
Swiss Life Asset Management Ltd129,751$15.0M0.25%−26,310−16.9%Reduced
Core Alternative Capital130,930$15.1M1.92%+16,238+14.2%Added
Korea Investment CORP131,049$15.1M0.05%+21,738+19.9%Added
Forsta Ap-Fonden133,400$15.4M0.17%+40,800+44.1%Added
Ensign Peak Advisors, Inc133,855$15.5M0.03%+1,683+1.3%Added
Adage Capital Partners GP, L.L.C.136,246$15.7M0.04%−190,100−58.3%Reduced
Nomura Asset Management Co Ltd137,564$15.9M0.09%+7,254+5.6%Added
Northwest & Ethical Investments L.P.137,726$15.9M0.55%+23,303+20.4%Added
Janney Capital Management LLC141,219$16.3M1.17%+4,370+3.2%Added
HighTower Advisors, LLC141,381$16.3M0.04%+10,806+8.3%Added
Alberta Investment Management Corp143,617$16.6M0.15%−4,100−2.8%Reduced
Van Cleef Asset Management,Inc144,378$16.7M2.75%−94−0.1%Reduced
Alley Investment Management Company, LLC144,447$16.7M2.87%−896−0.6%Reduced
Markel Group Inc.SuperinvestorMarkel Group150,000$17.3M0.23%00.0%Unchanged
Dai-Ichi Life Insurance Company, Ltd150,342$17.4M0.40%00.0%Unchanged
M&T Bank Corp151,894$17.6M0.07%+4,241+2.9%Added
Godsey & Gibb Associates151,925$17.6M3.33%+151,925New
State of Tennessee, Treasury Department152,911$17.7M0.08%−53,812−26.0%Reduced
Mn Services Vermogensbeheer B.V.154,980$17.9M0.20%−24,100−13.5%Reduced
Cullinan Associates Inc156,880$18.1M1.00%−3,053−1.9%Reduced
Asset Advisors Investment Management, LLC160,200$18.5M2.44%−1,765−1.1%Reduced
AXA S.A.160,811$18.6M0.07%−75,241−31.9%Reduced
Susquehanna International Group, LLP160,821$18.6M0.04%+106,804+197.7%Added
Crossmark Global Holdings, Inc.161,219$18.6M0.46%+8,612+5.6%Added
SEI Investments Co164,020$19.0M0.04%−13,503−7.6%Reduced
Advisors Asset Management, Inc.165,604$19.1M0.39%−6,186−3.6%Reduced
Gateway Investment Advisers LLC165,828$19.2M0.24%+111+0.1%Added
Treasurer of the State of North Carolina167,486$19.4M0.12%+11,483+7.4%Added
Investment House LLC172,186$19.9M1.86%+277+0.2%Added
Pictet Asset Management SA198,139$19.9M0.03%+63,156+46.8%Added
Schaper Benz & Wise Investment Counsel Inc175,016$20.2M2.14%−4,271−2.4%Reduced
First Republic Investment Management, Inc.177,252$20.5M0.05%−1,732−1.0%Reduced
Truist Financial Corp177,931$20.6M0.04%−2,908−1.6%Reduced