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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, 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.

Institutional holdersQ1 2023: 1,434 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 heldQ1 2023: $30.2B
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, Q1 2023

Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q4 2022.

Institutions holding PAYX in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Paradiem, LLC38,635$4.43M1.37%+1,443+3.9%Added
Handelsbanken Fonder AB38,694$4.43M0.03%+3,342+9.5%Added
Louisiana State Employees Retirement System38,800$4.45M0.11%+200+0.5%Added
DF Dent & Co Inc39,169$4.49M0.06%−50−0.1%Reduced
Sandhill Capital Partners LLC39,730$4.55M0.44%+4,924+14.1%Added
Kestra Private Wealth Services, LLC39,738$4.55M0.18%+6,105+18.2%Added
Gotham Asset Management, LLC39,934$4.58M0.11%+12,868+47.5%Added
Nissay Asset Management Corp39,976$4.58M0.04%−1,079−2.6%Reduced
American Money Management, LLC40,522$4.64M1.23%−847−2.0%Reduced
Stock Yards Bank & Trust Co40,783$4.67M0.18%−994−2.4%Reduced
Mercer Global Advisors Inc41,211$4.72M0.02%+5,063+14.0%Added
Auxier Asset Management41,751$4.78M0.83%−330−0.8%Reduced
Chicago Capital, LLC41,832$4.79M0.24%−248−0.6%Reduced
Vident Investment Advisory, LLC42,284$4.85M0.16%+21,428+102.7%Added
Wendell David Associates Inc42,512$4.87M0.58%00.0%Unchanged
Gulf International Bank (UK) Ltd42,799$4.90M0.10%−12,277−22.3%Reduced
Sawyer & Company, Inc45,677$4.99M2.69%−2,055−4.3%Reduced
Steward Partners Investment Advisory, LLC43,644$5.00M0.08%+1,737+4.1%Added
Man Group plc–$5.20M0.02%––
Northwestern Mutual Wealth Management Co45,673$5.23M0.01%−44−0.1%Reduced
CWM Advisors, LLC45,735$5.24M0.67%+5,014+12.3%Added
Daiwa Securities Group Inc.45,851$5.25M0.04%+2,193+5.0%Added
Mutual of America Capital Management LLC45,908$5.26M0.06%+87+0.2%Added
Yousif Capital Management, LLC46,447$5.32M0.07%−1,071−2.3%Reduced
Westbourne Investment Advisors, Inc.46,877$5.37M2.60%−340−0.7%Reduced
Albion Financial Group47,194$5.41M0.49%−224−0.5%Reduced
Pacer Advisors, Inc.47,310$5.42M0.02%+34,505+269.5%Added
Silver Lake Advisory, LLC47,765$5.47M3.04%+52+0.1%Added
PGGM Investments47,931$5.49M0.09%+538+1.1%Added
Palmer Knight Co48,306$5.54M3.52%+2,122+4.6%Added
Advisory Services Network, LLC48,380$5.54M0.15%−3,930−7.5%Reduced
Dynamic Technology Lab Private Ltd48,545$5.56M0.51%+2,102+4.5%Added
Regions Financial Corp48,547$5.56M0.05%−1,019−2.1%Reduced
Trust Co of Vermont48,565$5.57M0.39%−918−1.9%Reduced
Worldquant Millennium Advisors LLC49,080$5.62M0.10%+49,080New
Sheets Smith Wealth Management49,119$5.63M0.86%+10.0%Added
Private Advisor Group, LLC49,123$5.63M0.05%−5,546−10.1%Reduced
State of Tennessee, Treasury Department49,536$5.68M0.03%−103,375−67.6%Reduced
Baldwin Brothers Inc49,687$5.69M0.50%−229−0.5%Reduced
Cetera Advisor Networks LLC49,968$5.73M0.04%+2,873+6.1%Added
Oak Associates, Ltd50,119$5.74M0.47%−1,770−3.4%Reduced
New York Life Investment Management LLC50,396$5.77M0.06%+5,026+11.1%Added
Argyle Capital Management Inc.50,670$5.81M2.04%−100−0.2%Reduced
Holocene Advisors, LP50,718$5.81M0.03%+11,232+28.4%Added
Woodmont Investment Counsel LLC51,050$5.85M0.63%−1,279−2.4%Reduced
ExodusPoint Capital Management, LP51,508$5.90M0.07%+47,737+1,265.9%Added
Public Employees Retirement Association of Colorado52,190$5.98M0.03%−143−0.3%Reduced
Brinker Capital Investments, LLC52,347$6.00M0.08%+5,043+10.7%Added
Orion Portfolio Solutions, LLC52,347$6.00M0.08%+45,657+682.5%Added
Siemens Fonds Invest GmbH52,508$6.02M0.63%−140.0%Reduced
Virginia Retirement Systems Et Al53,098$6.08M0.06%+37,698+244.8%Added
Zurcher Kantonalbank (Zurich Cantonalbank)53,347$6.11M0.03%+1,198+2.3%Added
Hendershot Investments Inc.53,513$6.13M1.03%−827−1.5%Reduced
Park Avenue Securities LLC53,675$6.15M0.11%+518+1.0%Added
Mattern Capital Management, LLC53,704$6.15M1.09%+1,710+3.3%Added
YHB Investment Advisors, Inc.53,954$6.18M0.62%−651−1.2%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys54,386$6.23M0.05%+167+0.3%Added
Public Sector Pension Investment Board54,955$6.30M0.05%−2,436−4.2%Reduced
Colony Group LLC55,981$6.42M0.10%−1,645−2.9%Reduced
Rench Wealth Management, Inc.56,689$6.50M3.11%−538−0.9%Reduced
Naples Global Advisors, LLC56,865$6.52M0.81%+1,570+2.8%Added
IFM Investors Pty Ltd56,886$6.52M0.10%+1,877+3.4%Added
Utah Retirement Systems57,427$6.58M0.10%+200+0.3%Added
Westpac Banking Corp57,973$6.64M0.09%−6,643−10.3%Reduced
Oregon Public Employees Retirement Fund58,084$6.66M0.08%−2,666−4.4%Reduced
Crawford Investment Counsel Inc58,561$6.71M0.14%−877−1.5%Reduced
Cambridge Investment Research Advisors, Inc.58,720$6.73M0.03%−8,389−12.5%Reduced
Atria Investments LLC58,914$6.75M0.13%−143−0.2%Reduced
Cobblestone Capital Advisors LLC59,521$6.82M0.51%−3,863−6.1%Reduced
Van Eck Associates Corp60,014$6.88M0.02%+7,836+15.0%Added
American Century Companies Inc60,323$6.89M0.01%+11,626+23.9%Added
Cypress Capital Group61,009$6.99M1.07%−1,361−2.2%Reduced
Point72 Middle East FZE61,885$7.09M0.40%+61,885New
Two Point Capital Management, Inc.62,253$7.13M4.20%−40.0%Reduced
Dillon & Associates Inc62,734$7.21M1.43%−2,392−3.7%Reduced
Burns J W & Co Inc64,292$7.37M1.25%−660−1.0%Reduced
Stone Run Capital, LLC64,375$7.38M3.53%+2,900+4.7%Added
Bank of Nova Scotia65,206$7.47M0.02%−193,460−74.8%Reduced
Kingsview Wealth Management, LLC65,246$7.48M0.31%−242−0.4%Reduced
Bryn Mawr Trust Co65,983$7.56M0.33%−973−1.5%Reduced
National Bank of Canada66,196$7.57M0.02%−48,695−42.4%Reduced
Texas Permanent School Fund66,885$7.66M0.08%+21,312+46.8%Added
U.S. Capital Wealth Advisors, LLC67,945$7.79M0.36%+5,626+9.0%Added
W.G. Shaheen & Associates DBA Whitney & Co68,064$7.80M1.24%+1,738+2.6%Added
Cooper Investors Pty Ltd68,118$7.81M0.66%+68,118New
DnB Asset Management AS68,331$7.83M0.05%−1,821−2.6%Reduced
Brown Advisory Inc69,207$7.93M0.01%−123−0.2%Reduced
Rafferty Asset Management, LLC69,403$7.95M0.05%−21,422−23.6%Reduced
Quantbot Technologies LP69,698$7.99M0.57%+69,698New
Canandaigua National Bank & Trust Co70,978$8.13M1.37%+70,978New
State of Alaska, Department of Revenue71,120$8.15M0.10%−485−0.7%Reduced
Howland Capital Management LLC71,132$8.15M0.49%−3,687−4.9%Reduced
Sonora Investment Management Group, LLC71,406$8.18M0.71%+3,114+4.6%Added
Kornitzer Capital Management Inc71,488$8.19M0.16%−2,330−3.2%Reduced
Williams Jones Wealth Management, LLC.72,857$8.35M0.13%+870+1.2%Added
USS Investment Management Ltd72,881$8.35M0.12%+2,058+2.9%Added
Guggenheim Capital LLC72,897$8.35M0.07%−6,820−8.6%Reduced
Cooper/Haims Advisors, LLC73,783$8.45M6.77%00.0%Unchanged
O'Shaughnessy Asset Management, LLC74,110$8.49M0.13%−40,167−35.1%Reduced
Massmutual Trust Co FSB74,579$8.55M0.33%+815+1.1%Added