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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, Q2 2023

Institutional positions in Paychex Inc as of Jun 30, 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
1,419
−4 vs. Q1 2023
Shares held
261.4M
−1.95M (−0.7%) vs. Q1 2023
Total value
$29.2B
−$918.5M (−3.0%) vs. Q1 2023
New holders
104
513 more added
Sold out
108
520 more reduced

11 institutions that held it in Q1 2023 haven't filed for Q2 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2023: 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 holdersQ2 2023: 1,419 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 heldQ2 2023: $29.2B
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, Q2 2023

Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q1 2023.

Institutions holding PAYX in Q2 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc29,760,554$3.33B0.08%−1,082,174−3.5%Reduced
BlackRock Inc.26,933,404$3.01B0.08%−3,899,392−12.6%Reduced
Capital International Investors18,823,690$2.11B0.51%+4,253,202+29.2%Added
State Street Corp12,902,695$1.44B0.08%−106,521−0.8%Reduced
Bank of New York Mellon Corp10,403,803$1.16B0.24%−251,493−2.4%Reduced
Wells Fargo & Company9,656,130$1.08B0.31%−45,413−0.5%Reduced
Geode Capital Management, LLC8,310,643$928.3M0.11%+328,614+4.1%Added
Bank of America Corp7,243,485$810.3M0.10%−4,513,670−38.4%Reduced
Charles Schwab Investment Management Inc6,619,355$740.5M0.21%+297,844+4.7%Added
FMR LLC4,468,072$499.8M0.04%+87,583+2.0%Added
Northern Trust Corp4,234,764$473.7M0.09%−475,390−10.1%Reduced
Morgan Stanley3,415,912$382.1M0.04%−306,278−8.2%Reduced
Legal & General Group Plc2,679,451$299.8M0.10%−126,509−4.5%Reduced
First Trust Advisors LP2,444,914$273.5M0.31%+65,457+2.8%Added
Select Equity Group, L.P.2,346,204$262.5M0.99%+215,594+10.1%Added
London Co of Virginia2,320,523$259.6M1.47%−58,988−2.5%Reduced
UBS Asset Management Americas Inc2,146,669$246.0M0.12%00.0%Unchanged
Envestnet Asset Management Inc2,076,098$232.3M0.10%+72,690+3.6%Added
Invesco Ltd.2,010,607$224.9M0.06%+17,910+0.9%Added
California Public Employees Retirement System1,986,464$222.2M0.19%−48,887−2.4%Reduced
Royal Bank of Canada1,804,583$201.9M0.06%+206,789+12.9%Added
Goldman Sachs Group Inc1,788,089$200.0M0.05%−53,933−2.9%Reduced
Alliancebernstein L.P.1,747,612$195.5M0.08%+192,776+12.4%Added
Bahl & Gaynor Inc1,678,543$187.8M1.14%−544,340−24.5%Reduced
Dimensional Fund Advisors LP1,591,680$178.0M0.06%+142,656+9.8%Added
Troy Asset Management Ltd1,435,747$160.6M4.70%−10,188−0.7%Reduced
Millennium Management LLC1,430,374$160.0M0.17%+416,536+41.1%Added
UBS Group AG1,326,956$148.4M0.06%+150,669+12.8%Added
Guinness Asset Management LTD1,326,466$148.3M3.44%+107,641+8.8%Added
Credit Suisse AG1,315,814$147.2M0.15%−89,885−6.4%Reduced
Mawer Investment Management Ltd.1,288,066$144.1M0.75%−17,504−1.3%Reduced
Confluence Investment Management LLC1,261,242$141.1M2.06%−13,431−1.1%Reduced
Swiss National Bank1,171,800$131.1M0.09%−115,600−9.0%Reduced
Barclays PLC1,088,481$121.8M0.08%+485,555+80.5%Added
Los Angeles Capital Management LLC1,081,892$121.0M0.49%−253,329−19.0%Reduced
Qube Research & Technologies Ltd1,074,623$120.2M0.47%+720,336+203.3%Added
Deutsche Bank AG1,046,996$117.1M0.06%−251,168−19.3%Reduced
Epoch Investment Partners, Inc.1,006,771$112.6M0.65%+448,430+80.3%Added
Amundi1,008,763$112.4M0.06%−282,505−21.9%Reduced
McDonald Capital Investors Inc993,239$111.1M8.29%−22,835−2.2%Reduced
Franklin Resources Inc971,481$108.7M0.05%+34,267+3.7%Added
Two Sigma Advisers, LP970,200$108.5M0.28%+622,900+179.4%Added
Two Sigma Investments, LP944,553$105.7M0.28%+609,727+182.1%Added
Price T Rowe Associates Inc936,298$104.7M0.01%−1,286−0.1%Reduced
Capital World Investors934,672$104.6M0.02%00.0%Unchanged
Baird Financial Group, Inc.913,854$102.2M0.27%−71,110−7.2%Reduced
Hamlin Capital Management, LLC906,130$101.4M3.40%+210,620+30.3%Added
Sumitomo Mitsui Trust Holdings, Inc.889,057$99.5M0.08%−285,555−24.3%Reduced
Nuveen Asset Management, LLC850,857$95.2M0.03%−50,204−5.6%Reduced
HSBC Holdings PLC824,361$92.1M0.10%−94,387−10.3%Reduced
Citigroup Inc803,210$89.9M0.12%+378,258+89.0%Added
D. E. Shaw & Co., Inc.796,043$89.1M0.14%−482,635−37.7%Reduced
BNP Paribas Arbitrage, SA765,346$85.6M0.17%+418,669+120.8%Added
Rhumbline Advisers764,642$85.5M0.10%+18,092+2.4%Added
Robeco Institutional Asset Management B.V.726,603$81.3M0.21%−146,761−16.8%Reduced
JPMorgan Chase & Co713,575$79.8M0.01%+94,788+15.3%Added
Squarepoint Ops LLC690,837$77.3M0.43%−317,963−31.5%Reduced
Stifel Financial Corp678,489$75.9M0.10%+34,220+5.3%Added
Wedge Capital Management L L P657,879$73.6M1.17%−8,047−1.2%Reduced
The PNC Financial Services Group, Inc.656,062$73.4M0.06%−29,842−4.4%Reduced
Susquehanna International Group, LLP635,673$71.1M0.11%+448,588+239.8%Added
TD Asset Management Inc634,110$70.9M0.08%+57,165+9.9%Added
Voloridge Investment Management, LLC621,608$69.5M0.33%+226,088+57.2%Added
Bank of Montreal586,242$66.9M0.04%+135,184+30.0%Added
Lazard Asset Management LLC588,350$65.8M0.08%−60,001−9.3%Reduced
National Pension Service593,887$64.9M0.10%−140,806−19.2%Reduced
Raymond James & Associates574,797$64.3M0.05%+10,008+1.8%Added
New York State Common Retirement Fund556,953$62.3M0.08%−9,889−1.7%Reduced
Victory Capital Management Inc556,151$62.2M0.07%−164,606−22.8%Reduced
Citadel Advisors LLC542,503$60.7M0.07%+421,858+349.7%Added
Skandinaviska Enskilda Banken AB (publ)536,764$60.0M0.39%+82,022+18.0%Added
California State Teachers Retirement System535,024$59.9M0.08%−26,689−4.8%Reduced
State of Tennessee, Treasury Department525,166$58.8M0.25%+475,630+960.2%Added
Nordea Investment Management AB520,533$58.0M0.08%−41,453−7.4%Reduced
Hudson Bay Capital Management LP500,000$55.9M0.56%+500,000New
Ameriprise Financial Inc494,488$55.3M0.02%−38,618−7.2%Reduced
Macquarie Group Ltd492,541$55.1M0.06%−9,677−1.9%Reduced
DekaBank Deutsche Girozentrale498,540$54.4M0.12%+45,807+10.1%Added
Ardevora Asset Management LLP483,196$54.1M1.31%+19,500+4.2%Added
CI Private Wealth, LLC480,157$53.7M0.12%+81,853+20.6%Added
Nomura Asset Management Co Ltd474,753$53.1M0.24%+300,344+172.2%Added
Schroder Investment Management Group473,916$53.0M0.08%−27,618−5.5%Reduced
Neuberger Berman Group LLC455,936$51.0M0.05%−216,086−32.2%Reduced
Mariner, LLC454,108$50.8M0.14%+23,438+5.4%Added
Cubist Systematic Strategies, LLC442,742$49.5M0.55%+142,864+47.6%Added
LPL Financial LLC442,614$49.5M0.04%+10,468+2.4%Added
Russell Investments Group, Ltd.436,740$48.8M0.09%+249,188+132.9%Added
Glenmede Trust Co NA422,770$48.4M0.27%00.0%Unchanged
Old Republic International Corporation428,600$47.9M1.57%00.0%Unchanged
Welch & Forbes LLC421,978$47.2M0.74%−5,817−1.4%Reduced
Principal Financial Group Inc420,713$47.1M0.03%−51,841−11.0%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.417,976$46.8M0.14%+259,742+164.2%Added
Donaldson Capital Management, LLC416,407$46.6M2.12%+4,501+1.1%Added
Storebrand Asset Management AS409,207$45.8M0.21%−13,804−3.3%Reduced
Great West Life Assurance Co401,896$45.2M0.11%−33,373−7.7%Reduced
Welch Group, LLC391,362$43.8M2.51%+5,787+1.5%Added
Advisor Group Holdings, Inc.388,016$43.6M0.08%+10,497+2.8%Added
GW&K Investment Management, LLC385,659$43.1M0.41%−4,093−1.1%Reduced
Ensemble Capital Management, LLC382,936$42.8M4.14%+6,914+1.8%Added
Grandfield & Dodd, LLC377,971$42.3M2.96%−6,262−1.6%Reduced