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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, Q3 2023

Institutional positions in Paychex Inc as of Sep 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
1,447
+46 vs. Q2 2023
Shares held
261.0M
−116.1K (0.0%) vs. Q2 2023
Total value
$30.1B
+$905.6M (+3.1%) vs. Q2 2023
New holders
119
532 more added
Sold out
73
507 more reduced

18 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2023: 1,447 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 heldQ3 2023: $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, Q3 2023

Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q2 2023.

Institutions holding PAYX in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc29,931,007$3.45B0.08%+170,453+0.6%Added
BlackRock Inc.27,080,292$3.12B0.09%+146,888+0.5%Added
Capital International Investors16,980,869$1.96B0.50%−1,842,821−9.8%Reduced
State Street Corp12,720,406$1.47B0.08%−182,289−1.4%Reduced
Bank of New York Mellon Corp11,331,387$1.31B0.29%+927,584+8.9%Added
Wells Fargo & Company9,698,681$1.12B0.35%+42,551+0.4%Added
Geode Capital Management, LLC8,516,924$981.8M0.12%+206,281+2.5%Added
Bank of America Corp7,368,569$849.8M0.10%+125,084+1.7%Added
Charles Schwab Investment Management Inc6,797,671$784.0M0.22%+178,316+2.7%Added
Northern Trust Corp4,481,555$516.9M0.10%+246,791+5.8%Added
FMR LLC4,317,629$498.0M0.04%−150,443−3.4%Reduced
Morgan Stanley3,598,560$415.0M0.04%+182,648+5.3%Added
Goldman Sachs Group Inc2,739,005$315.9M0.08%+950,916+53.2%Added
Envestnet Asset Management Inc2,631,066$303.4M0.14%+554,968+26.7%Added
Legal & General Group Plc2,617,205$301.8M0.11%−62,246−2.3%Reduced
Select Equity Group, L.P.2,348,201$270.8M1.12%+1,997+0.1%Added
First Trust Advisors LP2,244,775$258.9M0.31%−200,139−8.2%Reduced
London Co of Virginia2,232,288$257.4M1.54%−88,235−3.8%Reduced
Invesco Ltd.2,179,380$251.3M0.07%+168,773+8.4%Added
Royal Bank of Canada2,059,748$237.6M0.07%+255,165+14.1%Added
California Public Employees Retirement System1,980,989$228.5M0.20%−5,475−0.3%Reduced
FIL Ltd1,925,000$222.0M0.26%+1,925,000New
UBS Asset Management Americas Inc1,715,105$197.8M0.09%−431,564−20.1%Reduced
Bahl & Gaynor Inc1,647,222$190.0M1.21%−31,321−1.9%Reduced
Ameriprise Financial Inc1,630,944$188.7M0.06%+1,136,456+229.8%Added
Dimensional Fund Advisors LP1,628,101$187.8M0.06%+36,421+2.3%Added
Federated Hermes, Inc.1,544,806$178.2M0.47%+1,191,539+337.3%Added
Alliancebernstein L.P.1,496,776$172.6M0.07%−250,836−14.4%Reduced
Guinness Asset Management LTD1,363,393$157.3M3.62%+36,927+2.8%Added
UBS Group AG1,347,263$155.4M0.07%+20,307+1.5%Added
Barclays PLC1,339,358$154.5M0.10%+250,877+23.0%Added
Troy Asset Management Ltd1,318,726$152.1M4.78%−117,021−8.2%Reduced
Credit Suisse AG1,287,095$148.4M0.16%−28,719−2.2%Reduced
Qube Research & Technologies Ltd1,278,293$147.4M0.44%+203,670+19.0%Added
Confluence Investment Management LLC1,246,056$143.7M2.22%−15,186−1.2%Reduced
Amundi1,193,991$140.9M0.07%+185,228+18.4%Added
Mawer Investment Management Ltd.1,217,763$140.4M0.75%−70,303−5.5%Reduced
Swiss National Bank1,043,700$120.4M0.09%−128,100−10.9%Reduced
BNP Paribas Arbitrage, SA1,006,962$116.1M0.26%+241,616+31.6%Added
JPMorgan Chase & Co990,021$114.2M0.01%+276,446+38.7%Added
McDonald Capital Investors Inc977,704$112.8M8.80%−15,535−1.6%Reduced
Franklin Resources Inc943,621$108.8M0.06%−27,860−2.9%Reduced
Price T Rowe Associates Inc941,825$108.6M0.02%+5,527+0.6%Added
Baird Financial Group, Inc.933,717$107.7M0.29%+19,863+2.2%Added
Hamlin Capital Management, LLC904,668$104.3M3.59%−1,462−0.2%Reduced
Epoch Investment Partners, Inc.904,166$104.3M0.66%−102,605−10.2%Reduced
Deutsche Bank AG894,148$103.1M0.07%−152,848−14.6%Reduced
Squarepoint Ops LLC891,769$102.8M0.50%+200,932+29.1%Added
Sumitomo Mitsui Trust Holdings, Inc.879,718$101.5M0.08%−9,339−1.1%Reduced
Nuveen Asset Management, LLC834,959$96.3M0.03%−15,898−1.9%Reduced
Two Sigma Advisers, LP806,100$93.0M0.24%−164,100−16.9%Reduced
HSBC Holdings PLC798,091$92.0M0.10%−26,270−3.2%Reduced
Rhumbline Advisers762,438$87.9M0.10%−2,204−0.3%Reduced
Raymond James & Associates760,509$87.7M0.07%+185,712+32.3%Added
Robeco Institutional Asset Management B.V.736,865$85.0M0.23%+10,262+1.4%Added
Two Sigma Investments, LP725,860$83.7M0.23%−218,693−23.2%Reduced
Stifel Financial Corp703,999$81.2M0.11%+25,510+3.8%Added
The PNC Financial Services Group, Inc.676,085$78.0M0.07%+20,023+3.1%Added
Millennium Management LLC624,225$72.0M0.07%−806,149−56.4%Reduced
TD Asset Management Inc620,210$71.5M0.09%−13,900−2.2%Reduced
Wedge Capital Management L L P603,798$69.6M1.38%−54,081−8.2%Reduced
Los Angeles Capital Management LLC595,989$68.7M0.29%−485,903−44.9%Reduced
Bank of Montreal564,381$68.7M0.04%−21,861−3.7%Reduced
National Pension Service606,657$68.4M0.11%+12,770+2.2%Added
LPL Financial LLC569,889$65.7M0.05%+127,275+28.8%Added
D. E. Shaw & Co., Inc.563,072$64.9M0.11%−232,971−29.3%Reduced
California State Teachers Retirement System524,390$60.5M0.09%−10,634−2.0%Reduced
Skandinaviska Enskilda Banken AB (publ)512,549$59.1M0.39%−24,215−4.5%Reduced
New York State Common Retirement Fund506,006$58.4M0.08%−50,947−9.1%Reduced
Advisor Group Holdings, Inc.504,954$58.2M0.09%+116,938+30.1%Added
DekaBank Deutsche Girozentrale490,164$57.1M0.13%−8,376−1.7%Reduced
Nomura Asset Management Co Ltd484,874$55.9M0.26%+10,121+2.1%Added
CI Private Wealth, LLC480,424$55.4M0.13%+267+0.1%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.479,899$55.3M0.17%+61,923+14.8%Added
Mariner, LLC476,832$55.0M0.15%+22,724+5.0%Added
Victory Capital Management Inc469,923$54.2M0.06%−86,228−15.5%Reduced
Neuberger Berman Group LLC451,541$52.1M0.05%−4,395−1.0%Reduced
Schroder Investment Management Group447,171$51.6M0.08%−26,745−5.6%Reduced
Miller Howard Investments Inc443,466$51.1M1.87%+443,466New
AXA S.A.439,794$50.7M0.18%+103,860+30.9%Added
Great West Life Assurance Co432,221$49.9M0.12%+30,325+7.5%Added
Principal Financial Group Inc429,340$49.5M0.04%+8,627+2.1%Added
Old Republic International Corporation428,600$49.4M1.85%00.0%Unchanged
Mirae Asset Global Investments Co., Ltd.426,696$49.2M0.11%+59,087+16.1%Added
Donaldson Capital Management, LLC422,730$48.8M2.30%+6,323+1.5%Added
Citigroup Inc422,552$48.7M0.07%−380,658−47.4%Reduced
Welch & Forbes LLC413,471$47.7M0.79%−8,507−2.0%Reduced
Storebrand Asset Management AS395,926$45.7M0.22%−13,281−3.2%Reduced
Welch Group, LLC393,185$45.3M2.69%+1,823+0.5%Added
Renaissance Technologies LLC386,201$44.5M0.08%+321,600+497.8%Added
ProShare Advisors LLC382,223$44.1M0.14%+51,053+15.4%Added
Grandfield & Dodd, LLC381,096$44.0M3.23%+3,125+0.8%Added
KBC Group NV377,309$43.5M0.18%+65,773+21.1%Added
GW&K Investment Management, LLC377,117$43.5M0.44%−8,542−2.2%Reduced
Fenimore Asset Management Inc371,099$42.8M1.11%+29,867+8.8%Added
Susquehanna International Group, LLP370,564$42.7M0.07%−265,109−41.7%Reduced
Voloridge Investment Management, LLC366,468$42.3M0.21%−255,140−41.0%Reduced
Macquarie Group Ltd360,328$41.6M0.05%−132,213−26.8%Reduced
Ensemble Capital Management, LLC357,699$41.3M4.26%−25,237−6.6%Reduced
State Board of Administration of Florida Retirement System352,106$40.6M0.10%−9,910−2.7%Reduced