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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
RWC Asset Management LLP186,262$21.5M0.68%+7,507+4.2%Added
Commerce Bank186,896$21.6M0.18%−850−0.5%Reduced
State of New Jersey Common Pension Fund D187,219$21.6M0.08%00.0%Unchanged
Clarkston Capital Partners, LLC188,499$21.8M0.41%+1,440+0.8%Added
Chevy Chase Trust Holdings, Inc.189,101$21.9M0.09%−10,869−5.4%Reduced
State of Wisconsin Investment Board189,569$21.9M0.07%−24,930−11.6%Reduced
Public Employees Retirement System of Ohio193,100$22.3M0.10%+1,714+0.9%Added
Harvey Investment Co LLC193,249$22.3M2.88%−615−0.3%Reduced
United Capital Financial Advisers, LLC194,591$22.5M0.13%−371−0.2%Reduced
Toronto Dominion Bank195,420$22.6M0.03%+4,434+2.3%Added
Asset Management One Co.,Ltd.214,096$24.9M0.12%−12,648−5.6%Reduced
Russell Investments Group, Ltd.224,433$25.9M0.05%−9,329−4.0%Reduced
Ensemble Capital Management, LLC230,036$26.6M2.76%+57,196+33.1%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.230,402$26.6M0.10%+39,992+21.0%Added
Connor, Clark & Lunn Investment Management Ltd.230,668$26.7M0.15%+121,625+111.5%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund231,383$26.7M0.38%+9,773+4.4%Added
Railway Pension Investments Ltd236,333$27.3M0.27%00.0%Unchanged
Citadel Advisors LLC238,691$27.6M0.03%−56,036−19.0%Reduced
Payden & Rygel239,230$27.6M1.47%00.0%Unchanged
KBC Group NV242,741$28.1M0.14%+133,361+121.9%Added
Teacher Retirement System of Texas243,310$28.1M0.21%+1,712+0.7%Added
Blair William & Co244,200$28.2M0.12%−4,006−1.6%Reduced
Disciplined Growth Investors Inc245,032$28.3M0.73%−4,817−1.9%Reduced
Pinebridge Investments, L.P.245,129$28.3M0.34%+10,365+4.4%Added
MML Investors Services, LLC245,236$28.3M0.19%+17,728+7.8%Added
US Bancorp247,709$28.6M0.05%+100,260+68.0%Added
Sabal Trust CO251,170$29.0M1.98%−3,041−1.2%Reduced
Aviva PLC254,127$29.4M0.14%+27,720+12.2%Added
Manufacturers Life Insurance Company, The256,009$29.6M0.02%+7,506+3.0%Added
Bank of Nova Scotia258,666$29.9M0.08%+188,159+266.9%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.260,342$30.2M0.08%+25,103+10.7%Added
Parthenon LLC261,803$30.3M4.96%−5,610−2.1%Reduced
Raymond James Financial Services Advisors, Inc.263,936$30.5M0.06%−22,095−7.7%Reduced
Allianz Asset Management GmbH271,106$31.3M0.07%−174,727−39.2%Reduced
Commonwealth Equity Services, LLC271,453$31.4M0.08%+6,581+2.5%Added
Capital Advisors Inc271,953$31.4M0.89%+94,429+53.2%Added
Willis Investment Counsel274,702$31.7M2.03%+864+0.3%Added
Norges Bank277,033$32.0M0.01%+166,516+150.7%Added
Janney Montgomery Scott LLC283,068$32.7M0.13%+14,943+5.6%Added
Mackenzie Financial Corp287,685$33.2M0.06%+20,623+7.7%Added
CI Private Wealth, LLC289,729$33.5M0.12%+289,729New
Twinbeech Capital LP295,201$34.1M0.65%+295,201New
Prudential Financial Inc307,992$35.6M0.06%+2,573+0.8%Added
Caisse de Depot Et Placement du Quebec316,442$36.6M0.11%−28,248−8.2%Reduced
Cerity Partners LLC321,473$37.1M0.24%+160,834+100.1%Added
Fenimore Asset Management Inc332,640$38.4M1.03%+1,624+0.5%Added
Natixis339,616$39.2M0.23%+211,744+165.6%Added
ProShare Advisors LLC342,480$39.6M0.14%−35,766−9.5%Reduced
Federated Hermes, Inc.345,154$39.9M0.11%+80,662+30.5%Added
New York State Teachers Retirement System356,597$41.2M0.10%−982−0.3%Reduced
Advisor Group Holdings, Inc.360,040$41.6M0.08%+14,101+4.1%Added
Mirae Asset Global Investments Co., Ltd.368,218$42.6M0.11%+1,234+0.3%Added
State Board of Administration of Florida Retirement System378,805$43.8M0.11%−6,040−1.6%Reduced
Intech Investment Management LLC383,174$44.3M0.33%+27,762+7.8%Added
Welch Group, LLC384,504$44.4M2.54%+7,520+2.0%Added
Grandfield & Dodd, LLC384,859$44.5M3.25%−1,167−0.3%Reduced
GW&K Investment Management, LLC385,300$44.5M0.45%−3,554−0.9%Reduced
Healthcare of Ontario Pension Plan Trust Fund385,788$44.6M0.23%+358,283+1,302.6%Added
Storebrand Asset Management AS389,022$45.0M0.25%−39,070−9.1%Reduced
AQR Capital Management LLC397,088$45.7M0.10%−91,578−18.7%Reduced
Mariner, LLC397,460$45.9M0.15%+35,535+9.8%Added
Skandinaviska Enskilda Banken AB (publ)397,549$45.9M0.35%−31,126−7.3%Reduced
LPL Financial LLC399,870$46.2M0.04%+43,576+12.2%Added
Macquarie Group Ltd399,897$46.2M0.05%+3,577+0.9%Added
Ardevora Asset Management LLP405,370$46.8M0.80%−29,537−6.8%Reduced
Qube Research & Technologies Ltd406,555$47.0M0.28%+34,397+9.2%Added
DekaBank Deutsche Girozentrale408,630$47.3M0.13%+132,625+48.1%Added
Citigroup Inc422,091$48.8M0.07%+123,778+41.5%Added
Mitsubishi UFJ Trust & Banking Corp422,599$48.8M0.13%+29,983+7.6%Added
Old Republic International Corporation428,600$49.5M1.55%−9,700−2.2%Reduced
Great West Life Assurance Co429,888$49.9M0.13%+32,133+8.1%Added
Welch & Forbes LLC437,473$50.6M0.91%−569−0.1%Reduced
BNP Paribas Arbitrage, SA452,087$52.2M0.13%+154,979+52.2%Added
Schroder Investment Management Group459,536$53.1M0.08%−46,295−9.2%Reduced
Fort Washington Investment Advisors Inc464,336$53.7M0.42%−3,387−0.7%Reduced
Principal Financial Group Inc472,520$54.6M0.04%−3,486−0.7%Reduced
JPMorgan Chase & Co506,372$58.5M0.01%+98,620+24.2%Added
Bank of Montreal515,486$59.6M0.05%−7,660−1.5%Reduced
Wedge Capital Management L L P517,301$59.8M0.96%+75,633+17.1%Added
Donaldson Capital Management, LLC518,122$59.9M2.92%+6,126+1.2%Added
Ameriprise Financial Inc537,895$62.2M0.02%−39,027−6.8%Reduced
Neuberger Berman Group LLC543,434$62.8M0.06%−11,187−2.0%Reduced
Two Sigma Advisers, LP552,400$63.8M0.18%−259,000−31.9%Reduced
Nordea Investment Management AB557,374$64.2M0.10%−20,505−3.5%Reduced
Parnassus Investments555,898$64.2M0.16%00.0%Unchanged
Epoch Investment Partners, Inc.561,809$64.9M0.39%+21,251+3.9%Added
California State Teachers Retirement System566,298$65.4M0.10%+3,647+0.6%Added
Raymond James & Associates569,610$65.8M0.06%+8,305+1.5%Added
New York State Common Retirement Fund579,325$66.9M0.09%+5,912+1.0%Added
TD Asset Management Inc584,145$67.5M0.08%+16,906+3.0%Added
Victory Capital Management Inc589,150$68.1M0.08%+14,723+2.6%Added
National Pension Service608,570$70.3M0.14%+25,970+4.5%Added
Stifel Financial Corp619,458$71.6M0.11%−40,731−6.2%Reduced
Rhumbline Advisers681,191$78.7M0.11%+22,210+3.4%Added
The PNC Financial Services Group, Inc.681,869$78.8M0.08%+4,390+0.6%Added
Hamlin Capital Management, LLC695,722$80.4M2.86%+24,145+3.6%Added
Lazard Asset Management LLC699,580$80.8M0.11%+48,978+7.5%Added
Glenmede Trust Co NA716,209$82.8M0.49%−921−0.1%Reduced
D. E. Shaw & Co., Inc.827,688$95.6M0.16%+405,092+95.9%Added
Voya Investment Management LLC846,235$97.8M0.11%−15,954−1.9%Reduced