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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
Fort Washington Investment Advisors Inc368,103$41.2M0.30%−6,254−1.7%Reduced
Mirae Asset Global Investments Co., Ltd.367,609$41.1M0.09%+13,300+3.8%Added
State Board of Administration of Florida Retirement System362,016$40.5M0.09%−16,759−4.4%Reduced
Federated Hermes, Inc.353,267$39.5M0.10%+2,082+0.6%Added
Twinbeech Capital LP350,413$39.2M0.77%+350,413New
APG Asset Management N.V.382,117$39.2M0.08%−759,670−66.5%Reduced
Cerity Partners LLC345,519$38.7M0.15%+21,468+6.6%Added
Fenimore Asset Management Inc341,232$38.2M0.95%+6,709+2.0%Added
AXA S.A.335,934$37.6M0.12%+33,274+11.0%Added
ProShare Advisors LLC331,170$37.0M0.11%−23,507−6.6%Reduced
New York State Teachers Retirement System326,971$36.6M0.08%−24,401−6.9%Reduced
Conning Inc.318,720$35.6M1.19%−5,145−1.6%Reduced
Willis Investment Counsel316,143$35.4M2.31%+39,612+14.3%Added
KBC Group NV311,536$34.9M0.14%+60,795+24.2%Added
Prudential Financial Inc311,111$34.8M0.05%−2,076−0.7%Reduced
GWM Advisors LLC302,672$33.9M0.38%−3,707−1.2%Reduced
Janney Montgomery Scott LLC299,601$33.5M0.12%+5,041+1.7%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.297,984$33.3M0.07%+15,757+5.6%Added
Mitsubishi UFJ Trust & Banking Corp295,227$33.0M0.08%−134,249−31.3%Reduced
Worldquant Millennium Advisors LLC291,467$32.6M0.55%+242,387+493.9%Added
AQR Capital Management LLC274,599$30.6M0.07%−171,781−38.5%Reduced
MML Investors Services, LLC272,786$30.5M0.17%+40,515+17.4%Added
Raymond James Financial Services Advisors, Inc.271,929$30.4M0.05%−10,896−3.9%Reduced
Manufacturers Life Insurance Company, The264,159$29.5M0.02%+9,059+3.6%Added
Parthenon LLC263,218$29.4M4.25%+290.0%Added
Commonwealth Equity Services, LLC262,363$29.4M0.06%+5,548+2.2%Added
Sabal Trust CO254,442$28.5M1.81%+849+0.3%Added
National Bank of Canada249,974$27.9M0.06%+183,778+277.6%Added
Voya Investment Management LLC236,771$26.5M0.03%+16,482+7.5%Added
Railway Pension Investments Ltd236,333$26.4M0.26%00.0%Unchanged
US Bancorp234,948$26.3M0.04%−6,959−2.9%Reduced
Toronto Dominion Bank231,941$25.9M0.04%+68,250+41.7%Added
RWC Asset Management LLP231,282$25.9M1.24%+27,828+13.7%Added
Balyasny Asset Management LLC230,041$25.7M0.07%+200,863+688.4%Added
Blair William & Co221,977$24.8M0.09%−14,820−6.3%Reduced
Capital Advisors Inc208,230$23.3M0.59%−70,638−25.3%Reduced
Asset Management One Co.,Ltd.202,002$22.6M0.10%−17,357−7.9%Reduced
Mackenzie Financial Corp200,838$22.4M0.03%−81,127−28.8%Reduced
United Capital Financial Advisers, LLC198,753$22.2M0.12%+7,344+3.8%Added
Gateway Investment Advisers LLC197,419$22.1M0.26%−50.0%Reduced
Clarkston Capital Partners, LLC196,385$22.0M0.40%+3,420+1.8%Added
Allianz Asset Management GmbH193,312$21.6M0.05%−16,720−8.0%Reduced
Natixis189,640$21.2M0.18%+189,640New
Schaper Benz & Wise Investment Counsel Inc188,033$21.0M2.02%+12,606+7.2%Added
Chevy Chase Trust Holdings, Inc.187,526$21.0M0.08%−2,256−1.2%Reduced
State of New Jersey Common Pension Fund D187,219$20.9M0.07%00.0%Unchanged
Ensign Peak Advisors, Inc186,492$20.9M0.04%+35,855+23.8%Added
Jacobs Levy Equity Management, Inc186,355$20.8M0.12%+186,355New
Pictet Asset Management SA186,351$20.8M0.02%+5,333+2.9%Added
Thrivent Financial for Lutherans185,246$20.7M0.05%+109,469+144.5%Added
Adage Capital Partners GP, L.L.C.184,646$20.7M0.04%−1,600−0.9%Reduced
State of Wisconsin Investment Board184,555$20.6M0.06%−69,580−27.4%Reduced
Marshall Wace, LLP183,537$20.5M0.04%−540,791−74.7%Reduced
Harvey Investment Co LLC181,509$20.3M2.66%−16,110−8.2%Reduced
Grimes & Company, Inc.180,808$20.2M0.72%+7,813+4.5%Added
Healthcare of Ontario Pension Plan Trust Fund180,000$20.1M0.09%−102,229−36.2%Reduced
Public Employees Retirement System of Ohio178,997$20.0M0.08%−16,779−8.6%Reduced
Truist Financial Corp173,647$19.4M0.03%−3,429−1.9%Reduced
Investment House LLC170,862$19.1M1.43%−567−0.3%Reduced
Treasurer of the State of North Carolina167,850$18.8M0.10%−2,433−1.4%Reduced
Crossmark Global Holdings, Inc.146,996$18.6M0.40%+1,697+1.2%Added
Disciplined Growth Investors Inc164,698$18.4M0.42%−17,115−9.4%Reduced
Royal London Asset Management Ltd164,126$18.4M0.06%+44,297+37.0%Added
Boston Trust Walden Corp162,934$18.2M0.15%+8,055+5.2%Added
Korea Investment CORP159,831$17.9M0.05%+20,601+14.8%Added
SEI Investments Co159,118$17.8M0.03%−17,324−9.8%Reduced
Godsey & Gibb Associates155,268$17.4M1.97%+1,348+0.9%Added
Cullinan Associates Inc155,195$17.4M0.95%−20,470−11.7%Reduced
Advisors Asset Management, Inc.155,047$17.3M0.35%−6,432−4.0%Reduced
Mn Services Vermogensbeheer B.V.154,480$17.3M0.16%−5,400−3.4%Reduced
First Republic Investment Management, Inc.152,605$17.1M0.09%−44,950−22.8%Reduced
M&T Bank Corp151,489$16.9M0.06%−660.0%Reduced
Asset Advisors Investment Management, LLC151,285$16.9M2.15%−7,025−4.4%Reduced
Alley Investment Management Company, LLC150,066$16.8M2.71%+400+0.3%Added
Markel Group Inc.SuperinvestorMarkel Group150,000$16.8M0.20%00.0%Unchanged
Janney Capital Management LLC147,431$16.5M1.14%+2,819+1.9%Added
Holocene Advisors, LP147,009$16.4M0.07%+96,291+189.9%Added
Swiss Life Asset Management Ltd143,313$16.0M0.24%−20,815−12.7%Reduced
HighTower Advisors, LLC142,295$15.9M0.03%+889+0.6%Added
Van Cleef Asset Management,Inc140,228$15.7M2.41%−4,887−3.4%Reduced
Tudor Investment Corp Et Al136,478$15.3M0.25%+36,041+35.9%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund136,033$15.2M0.19%−85,200−38.5%Reduced
Pinebridge Investments, L.P.132,585$14.8M0.16%−248,017−65.2%Reduced
American International Group, Inc.130,222$14.6M0.09%+2,055+1.6%Added
Jane Street Group, LLC130,074$14.6M0.02%−11,128−7.9%Reduced
Achmea Investment Management B.V.129,897$14.5M0.31%+8,691+7.2%Added
Assenagon Asset Management S.A.128,833$14.4M0.06%+29,103+29.2%Added
Northwest & Ethical Investments L.P.123,767$13.8M0.44%+22,181+21.8%Added
LaFleur & Godfrey LLC123,728$13.8M2.07%+1,707+1.4%Added
ExodusPoint Capital Management, LP123,348$13.8M0.16%+71,840+139.5%Added
Intech Investment Management LLC122,333$13.7M0.14%−221,948−64.5%Reduced
Andra AP-fonden118,500$13.3M0.34%+17,100+16.9%Added
Swedbank AB116,957$13.1M0.02%+5,213+4.7%Added
Commerce Bank116,325$13.0M0.10%−74,077−38.9%Reduced
Eagle Asset Management Inc114,836$12.8M0.07%−400.0%Reduced
Flputnam Investment Management Co113,829$12.7M0.35%+4,990+4.6%Added
Teacher Retirement System of Texas112,191$12.6M0.08%−87,323−43.8%Reduced
Stephens Inc111,559$12.5M0.22%+5,842+5.5%Added
Trexquant Investment LP111,000$12.4M0.33%−72,769−39.6%Reduced
Baxter Bros Inc109,831$12.3M1.83%+685+0.6%Added