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, Q1 2023
Institutional positions in Paychex Inc as of Mar 31, 2023. 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
- 1,434
- +9 vs. Q4 2022
- Shares held
- 263.6M
- +3.50M (+1.3%) vs. Q4 2022
- Total value
- $30.2B
- +$166.5M (+0.6%) vs. Q4 2022
- New holders
- 111
- 503 more added
- Sold out
- 102
- 567 more reduced
24 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,535 | $29.1B |
| Q1 2026 | 1,515 | $27.2B |
| Q4 2025 | 1,591 | $33.1B |
| Q3 2025 | 1,620 | $34.8B |
| Q2 2025 | 1,675 | $40.7B |
| Q1 2025 | 1,704 | $43.3B |
| Q4 2024 | 1,639 | $39.4B |
| Q3 2024 | 1,546 | $37.1B |
| Q2 2024 | 1,519 | $32.4B |
| Q1 2024 | 1,531 | $33.1B |
| Q4 2023 | 1,511 | $31.5B |
| Q3 2023 | 1,447 | $30.1B |
| Q2 2023 | 1,419 | $29.2B |
| Q1 2023 | 1,434 | $30.2B |
| Q4 2022 | 1,449 | $30.1B |
| Q3 2022 | 1,428 | $28.9B |
| Q2 2022 | 1,412 | $29.4B |
| Q1 2022 | 1,442 | $34.8B |
| Q4 2021 | 1,442 | $34.6B |
| Q3 2021 | 1,286 | $28.6B |
| Q2 2021 | 1,242 | $27.2B |
| Q1 2021 | 1,226 | $24.8B |
Institutions, Q1 2023
Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q4 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 30,842,728 | $3.53B | 0.09% | +55,384+0.2% | Added |
| BlackRock Inc. | 30,832,796 | $3.53B | 0.10% | +2,5170.0% | Added |
| Capital International Investors | 14,570,488 | $1.67B | 0.43% | +603,014+4.3% | Added |
| State Street Corp | 13,009,216 | $1.49B | 0.08% | −114,683−0.9% | Reduced |
| Bank of America Corp | 11,757,155 | $1.35B | 0.15% | +2,528,158+27.4% | Added |
| Bank of New York Mellon Corp | 10,655,296 | $1.22B | 0.27% | −93,290−0.9% | Reduced |
| Wells Fargo & Company | 9,701,543 | $1.11B | 0.34% | −43,908−0.5% | Reduced |
| Geode Capital Management, LLC | 7,982,029 | $913.6M | 0.12% | +62,739+0.8% | Added |
| Charles Schwab Investment Management Inc | 6,321,511 | $724.4M | 0.22% | −351,764−5.3% | Reduced |
| Northern Trust Corp | 4,710,154 | $539.7M | 0.11% | −86,377−1.8% | Reduced |
| FMR LLC | 4,380,489 | $502.0M | 0.05% | +1,587,495+56.8% | Added |
| Morgan Stanley | 3,722,190 | $426.5M | 0.05% | −104,450−2.7% | Reduced |
| Legal & General Group Plc | 2,805,960 | $321.5M | 0.12% | +100,726+3.7% | Added |
| London Co of Virginia | 2,379,511 | $272.7M | 1.57% | −62,255−2.5% | Reduced |
| First Trust Advisors LP | 2,379,457 | $272.7M | 0.31% | +46,922+2.0% | Added |
| Bahl & Gaynor Inc | 2,222,883 | $254.7M | 1.37% | +524,700+30.9% | Added |
| UBS Asset Management Americas Inc | 2,146,669 | $246.0M | 0.12% | +188,766+9.6% | Added |
| Select Equity Group, L.P. | 2,130,610 | $244.1M | 0.92% | +505,812+31.1% | Added |
| California Public Employees Retirement System | 2,035,351 | $233.2M | 0.21% | −148,030−6.8% | Reduced |
| Envestnet Asset Management Inc | 2,003,408 | $229.6M | 0.11% | +163,998+8.9% | Added |
| Invesco Ltd. | 1,992,697 | $228.3M | 0.06% | +1,644+0.1% | Added |
| Goldman Sachs Group Inc | 1,842,022 | $211.1M | 0.06% | −71,392−3.7% | Reduced |
| Royal Bank of Canada | 1,597,794 | $183.1M | 0.05% | −256,259−13.8% | Reduced |
| Alliancebernstein L.P. | 1,554,836 | $178.2M | 0.08% | −472,600−23.3% | Reduced |
| Dimensional Fund Advisors LP | 1,449,024 | $166.0M | 0.06% | +15,044+1.0% | Added |
| Troy Asset Management Ltd | 1,445,935 | $165.7M | 4.95% | −248,315−14.7% | Reduced |
| Credit Suisse AG | 1,405,699 | $161.1M | 0.17% | +79,266+6.0% | Added |
| Los Angeles Capital Management LLC | 1,335,221 | $153.0M | 0.68% | +42,818+3.3% | Added |
| Mawer Investment Management Ltd. | 1,305,570 | $149.6M | 0.82% | −91,959−6.6% | Reduced |
| Deutsche Bank AG | 1,298,164 | $148.8M | 0.08% | +316,249+32.2% | Added |
| Swiss National Bank | 1,287,400 | $147.5M | 0.10% | −29,100−2.2% | Reduced |
| D. E. Shaw & Co., Inc. | 1,278,678 | $146.5M | 0.24% | +450,990+54.5% | Added |
| Confluence Investment Management LLC | 1,274,673 | $146.1M | 2.15% | −5,118−0.4% | Reduced |
| Amundi | 1,291,268 | $140.5M | 0.08% | +263,819+25.7% | Added |
| Guinness Asset Management LTD | 1,218,825 | $139.6M | 3.55% | +119,810+10.9% | Added |
| UBS Group AG | 1,176,287 | $134.8M | 0.06% | −114,505−8.9% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 1,174,612 | $134.6M | 0.10% | −78,715−6.3% | Reduced |
| APG Asset Management N.V. | 1,141,787 | $120.4M | 0.26% | −54,343−4.5% | Reduced |
| McDonald Capital Investors Inc | 1,016,074 | $116.4M | 8.87% | −14,286−1.4% | Reduced |
| Millennium Management LLC | 1,013,838 | $116.2M | 0.13% | +925,028+1,041.6% | Added |
| Squarepoint Ops LLC | 1,008,800 | $115.6M | 0.82% | +141,297+16.3% | Added |
| Baird Financial Group, Inc. | 984,964 | $112.9M | 0.28% | +31,963+3.4% | Added |
| Price T Rowe Associates Inc | 937,584 | $107.4M | 0.02% | +21,111+2.3% | Added |
| Franklin Resources Inc | 937,214 | $107.4M | 0.05% | +24,320+2.7% | Added |
| Capital World Investors | 934,672 | $107.1M | 0.02% | +610+0.1% | Added |
| HSBC Holdings PLC | 918,748 | $105.2M | 0.14% | −61,412−6.3% | Reduced |
| Nuveen Asset Management, LLC | 901,061 | $103.3M | 0.04% | −25,157−2.7% | Reduced |
| Robeco Institutional Asset Management B.V. | 873,364 | $100.1M | 0.27% | −102,474−10.5% | Reduced |
| Rhumbline Advisers | 746,550 | $85.5M | 0.11% | +65,359+9.6% | Added |
| National Pension Service | 734,693 | $83.4M | 0.15% | +126,123+20.7% | Added |
| Marshall Wace, LLP | 724,328 | $83.0M | 0.20% | −713,401−49.6% | Reduced |
| Victory Capital Management Inc | 720,757 | $82.6M | 0.09% | +131,607+22.3% | Added |
| Hamlin Capital Management, LLC | 695,510 | $79.7M | 2.78% | −2120.0% | Reduced |
| The PNC Financial Services Group, Inc. | 685,904 | $78.6M | 0.07% | +4,035+0.6% | Added |
| Neuberger Berman Group LLC | 672,022 | $77.0M | 0.07% | +128,588+23.7% | Added |
| Wedge Capital Management L L P | 665,926 | $76.3M | 1.29% | +148,625+28.7% | Added |
| Lazard Asset Management LLC | 648,351 | $74.3M | 0.10% | −51,229−7.3% | Reduced |
| Stifel Financial Corp | 644,269 | $73.8M | 0.11% | +24,811+4.0% | Added |
| JPMorgan Chase & Co | 618,787 | $70.9M | 0.01% | +112,415+22.2% | Added |
| Barclays PLC | 602,926 | $69.1M | 0.07% | −377,465−38.5% | Reduced |
| TD Asset Management Inc | 576,945 | $66.1M | 0.08% | −7,200−1.2% | Reduced |
| New York State Common Retirement Fund | 566,842 | $65.0M | 0.09% | −12,483−2.2% | Reduced |
| Raymond James & Associates | 564,789 | $64.7M | 0.06% | −4,821−0.8% | Reduced |
| California State Teachers Retirement System | 561,713 | $64.4M | 0.10% | −4,585−0.8% | Reduced |
| Nordea Investment Management AB | 561,986 | $64.3M | 0.09% | +4,612+0.8% | Added |
| Epoch Investment Partners, Inc. | 558,341 | $64.0M | 0.38% | −3,468−0.6% | Reduced |
| Ameriprise Financial Inc | 533,106 | $61.0M | 0.02% | −4,789−0.9% | Reduced |
| Macquarie Group Ltd | 502,218 | $57.5M | 0.07% | +102,321+25.6% | Added |
| Schroder Investment Management Group | 501,534 | $57.5M | 0.09% | +41,998+9.1% | Added |
| Principal Financial Group Inc | 472,554 | $54.1M | 0.04% | +340.0% | Added |
| Ardevora Asset Management LLP | 463,696 | $53.1M | 0.95% | +58,326+14.4% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 454,742 | $52.1M | 0.36% | +57,193+14.4% | Added |
| Bank of Montreal | 451,058 | $51.7M | 0.03% | −64,428−12.5% | Reduced |
| AQR Capital Management LLC | 446,380 | $51.1M | 0.11% | +49,292+12.4% | Added |
| DekaBank Deutsche Girozentrale | 452,733 | $51.0M | 0.13% | +44,103+10.8% | Added |
| Great West Life Assurance Co | 435,269 | $50.0M | 0.12% | +5,381+1.3% | Added |
| LPL Financial LLC | 432,146 | $49.5M | 0.04% | +32,276+8.1% | Added |
| Mariner, LLC | 430,670 | $49.3M | 0.14% | +33,210+8.4% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 429,476 | $49.2M | 0.12% | +6,877+1.6% | Added |
| Old Republic International Corporation | 428,600 | $49.1M | 1.57% | 00.0% | Unchanged |
| Welch & Forbes LLC | 427,795 | $49.0M | 0.83% | −9,678−2.2% | Reduced |
| Citigroup Inc | 424,952 | $48.7M | 0.07% | +2,861+0.7% | Added |
| Storebrand Asset Management AS | 423,011 | $48.5M | 0.25% | +33,989+8.7% | Added |
| Glenmede Trust Co NA | 422,770 | $48.4M | 0.27% | −293,439−41.0% | Reduced |
| Donaldson Capital Management, LLC | 411,906 | $47.2M | 2.23% | −106,216−20.5% | Reduced |
| CI Private Wealth, LLC | 398,304 | $45.6M | 0.12% | +108,575+37.5% | Added |
| Voloridge Investment Management, LLC | 395,520 | $45.3M | 0.23% | +395,520 | New |
| GW&K Investment Management, LLC | 389,752 | $44.7M | 0.43% | +4,452+1.2% | Added |
| Welch Group, LLC | 385,575 | $44.2M | 2.57% | +1,071+0.3% | Added |
| Grandfield & Dodd, LLC | 384,233 | $44.0M | 3.08% | −626−0.2% | Reduced |
| Pinebridge Investments, L.P. | 380,602 | $43.6M | 0.49% | +135,473+55.3% | Added |
| State Board of Administration of Florida Retirement System | 378,775 | $43.4M | 0.10% | −300.0% | Reduced |
| Ensemble Capital Management, LLC | 376,022 | $43.1M | 4.46% | +145,986+63.5% | Added |
| Advisor Group Holdings, Inc. | 377,519 | $43.1M | 0.08% | +17,479+4.9% | Added |
| Fort Washington Investment Advisors Inc | 374,357 | $42.9M | 0.32% | −89,979−19.4% | Reduced |
| ProShare Advisors LLC | 354,677 | $40.6M | 0.12% | +12,197+3.6% | Added |
| Mirae Asset Global Investments Co., Ltd. | 354,309 | $40.6M | 0.09% | −13,909−3.8% | Reduced |
| Qube Research & Technologies Ltd | 354,287 | $40.6M | 0.23% | −52,268−12.9% | Reduced |
| New York State Teachers Retirement System | 351,372 | $40.3M | 0.09% | −5,225−1.5% | Reduced |
| Federated Hermes, Inc. | 351,185 | $40.2M | 0.10% | +6,031+1.7% | Added |