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, Q4 2023
Institutional positions in Paychex Inc as of Dec 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
- 1,511
- +84 vs. Q3 2023
- Shares held
- 264.8M
- +4.14M (+1.6%) vs. Q3 2023
- Total value
- $31.5B
- +$1.46B (+4.9%) vs. Q3 2023
- New holders
- 168
- 512 more added
- Sold out
- 84
- 575 more reduced
20 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| 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, Q4 2023
Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 30,418,038 | $3.62B | 0.08% | +487,031+1.6% | Added |
| BlackRock Inc. | 27,960,303 | $3.33B | 0.09% | +880,011+3.2% | Added |
| Capital International Investors | 18,504,389 | $2.20B | 0.49% | +1,523,520+9.0% | Added |
| State Street Corp | 13,083,282 | $1.56B | 0.08% | +362,876+2.9% | Added |
| Bank of New York Mellon Corp | 11,198,939 | $1.33B | 0.27% | −132,448−1.2% | Reduced |
| Wells Fargo & Company | 9,620,980 | $1.15B | 0.32% | −77,701−0.8% | Reduced |
| Geode Capital Management, LLC | 8,685,031 | $1.03B | 0.11% | +168,107+2.0% | Added |
| Charles Schwab Investment Management Inc | 6,788,274 | $808.6M | 0.21% | −9,397−0.1% | Reduced |
| Bank of America Corp | 6,444,033 | $767.5M | 0.09% | −924,536−12.5% | Reduced |
| FMR LLC | 4,440,373 | $528.9M | 0.04% | +122,744+2.8% | Added |
| Northern Trust Corp | 4,327,889 | $515.5M | 0.09% | −153,666−3.4% | Reduced |
| Morgan Stanley | 3,888,092 | $463.1M | 0.04% | +289,532+8.0% | Added |
| Goldman Sachs Group Inc | 2,837,997 | $338.0M | 0.07% | +98,992+3.6% | Added |
| Envestnet Asset Management Inc | 2,687,859 | $320.2M | 0.13% | +56,793+2.2% | Added |
| Legal & General Group Plc | 2,657,039 | $316.5M | 0.10% | +39,834+1.5% | Added |
| FIL Ltd | 2,548,000 | $303.5M | 0.32% | +623,000+32.4% | Added |
| Invesco Ltd. | 2,505,565 | $298.4M | 0.07% | +326,185+15.0% | Added |
| Select Equity Group, L.P. | 2,363,849 | $281.6M | 1.04% | +15,648+0.7% | Added |
| Royal Bank of Canada | 2,286,639 | $272.4M | 0.07% | +226,891+11.0% | Added |
| First Trust Advisors LP | 2,203,849 | $262.5M | 0.29% | −40,926−1.8% | Reduced |
| London Co of Virginia | 2,085,044 | $248.3M | 1.40% | −147,244−6.6% | Reduced |
| Barclays PLC | 2,011,719 | $239.6M | 0.12% | +672,361+50.2% | Added |
| California Public Employees Retirement System | 1,953,325 | $232.7M | 0.18% | −27,664−1.4% | Reduced |
| UBS Asset Management Americas Inc | 1,918,628 | $228.5M | 0.09% | +203,523+11.9% | Added |
| UBS Group AG | 1,817,217 | $216.4M | 0.09% | +469,954+34.9% | Added |
| Ameriprise Financial Inc | 1,741,368 | $207.0M | 0.06% | +110,424+6.8% | Added |
| Dimensional Fund Advisors LP | 1,691,438 | $201.5M | 0.06% | +63,337+3.9% | Added |
| Bahl & Gaynor Inc | 1,599,965 | $190.6M | 1.15% | −47,257−2.9% | Reduced |
| Alliancebernstein L.P. | 1,499,359 | $178.6M | 0.07% | +2,583+0.2% | Added |
| Federated Hermes, Inc. | 1,483,579 | $176.7M | 0.44% | −61,227−4.0% | Reduced |
| TD Asset Management Inc | 1,386,462 | $165.1M | 0.16% | +766,252+123.5% | Added |
| Guinness Asset Management LTD | 1,364,497 | $162.5M | 3.55% | +1,104+0.1% | Added |
| Epoch Investment Partners, Inc. | 1,281,178 | $152.6M | 0.69% | +377,012+41.7% | Added |
| Troy Asset Management Ltd | 1,244,562 | $148.2M | 4.70% | −74,164−5.6% | Reduced |
| Amundi | 1,241,723 | $147.4M | 0.07% | +47,732+4.0% | Added |
| Confluence Investment Management LLC | 1,216,365 | $144.9M | 2.05% | −29,691−2.4% | Reduced |
| JPMorgan Chase & Co | 1,216,243 | $144.9M | 0.01% | +226,222+22.9% | Added |
| Mawer Investment Management Ltd. | 1,173,828 | $139.8M | 0.72% | −43,935−3.6% | Reduced |
| BNP Paribas Arbitrage, SA | 1,104,683 | $131.6M | 0.24% | +97,721+9.7% | Added |
| Deutsche Bank AG | 1,053,503 | $125.5M | 0.06% | +159,355+17.8% | Added |
| Swiss National Bank | 1,016,600 | $121.1M | 0.09% | −27,100−2.6% | Reduced |
| Price T Rowe Associates Inc | 973,493 | $116.0M | 0.02% | +31,668+3.4% | Added |
| Capital World Investors | 969,644 | $115.5M | 0.02% | +969,644 | New |
| McDonald Capital Investors Inc | 967,229 | $115.2M | 8.03% | −10,475−1.1% | Reduced |
| Baird Financial Group, Inc. | 961,880 | $114.6M | 0.26% | +28,163+3.0% | Added |
| HSBC Holdings PLC | 960,269 | $114.3M | 0.10% | +162,178+20.3% | Added |
| Franklin Resources Inc | 953,829 | $113.6M | 0.05% | +10,208+1.1% | Added |
| Holocene Advisors, LP | 936,657 | $111.6M | 0.44% | +919,250+5,280.9% | Added |
| Hamlin Capital Management, LLC | 900,899 | $107.3M | 3.38% | −3,769−0.4% | Reduced |
| Credit Suisse AG | 897,695 | $106.9M | 0.10% | −389,400−30.3% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 879,529 | $104.8M | 0.08% | −1890.0% | Reduced |
| Nuveen Asset Management, LLC | 850,790 | $101.3M | 0.03% | +15,831+1.9% | Added |
| Raymond James & Associates | 812,585 | $96.8M | 0.07% | +52,076+6.8% | Added |
| Bank of Montreal | 732,759 | $94.2M | 0.05% | +168,378+29.8% | Added |
| Rhumbline Advisers | 760,932 | $90.6M | 0.09% | −1,506−0.2% | Reduced |
| Robeco Institutional Asset Management B.V. | 741,757 | $88.4M | 0.21% | +4,892+0.7% | Added |
| Stifel Financial Corp | 699,730 | $83.3M | 0.10% | −4,269−0.6% | Reduced |
| The PNC Financial Services Group, Inc. | 679,598 | $80.9M | 0.06% | +3,513+0.5% | Added |
| Nordea Investment Management AB | 680,257 | $80.8M | 0.10% | +466,890+218.8% | Added |
| Squarepoint Ops LLC | 638,450 | $76.0M | 0.31% | −253,319−28.4% | Reduced |
| National Pension Service | 619,589 | $73.8M | 0.10% | +12,932+2.1% | Added |
| Wedge Capital Management L L P | 602,947 | $71.8M | 1.28% | −851−0.1% | Reduced |
| LPL Financial LLC | 591,532 | $70.5M | 0.04% | +21,643+3.8% | Added |
| Victory Capital Management Inc | 563,472 | $67.1M | 0.07% | +93,549+19.9% | Added |
| Two Sigma Advisers, LP | 560,200 | $66.7M | 0.16% | −245,900−30.5% | Reduced |
| California State Teachers Retirement System | 542,669 | $64.6M | 0.09% | +18,279+3.5% | Added |
| Nomura Asset Management Co Ltd | 515,908 | $61.4M | 0.25% | +31,034+6.4% | Added |
| DekaBank Deutsche Girozentrale | 495,613 | $58.7M | 0.12% | +5,449+1.1% | Added |
| CI Private Wealth, LLC | 483,130 | $57.5M | 0.11% | +2,706+0.6% | Added |
| New York State Common Retirement Fund | 476,897 | $56.8M | 0.08% | −29,109−5.8% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 467,612 | $55.7M | 0.32% | −44,937−8.8% | Reduced |
| Mariner, LLC | 466,350 | $55.5M | 0.13% | −10,482−2.2% | Reduced |
| Qube Research & Technologies Ltd | 449,910 | $53.6M | 0.12% | −828,383−64.8% | Reduced |
| Natixis | 445,966 | $53.1M | 0.40% | +298,078+201.6% | Added |
| Neuberger Berman Group LLC | 437,280 | $52.1M | 0.05% | −14,261−3.2% | Reduced |
| Miller Howard Investments Inc | 435,480 | $51.9M | 1.81% | −7,986−1.8% | Reduced |
| Great West Life Assurance Co | 436,006 | $51.7M | 0.11% | +3,785+0.9% | Added |
| Old Republic International Corporation | 428,600 | $51.1M | 1.92% | 00.0% | Unchanged |
| Mirae Asset Global Investments Co., Ltd. | 426,930 | $50.9M | 0.10% | +234+0.1% | Added |
| Principal Financial Group Inc | 423,568 | $50.5M | 0.03% | −5,772−1.3% | Reduced |
| Donaldson Capital Management, LLC | 415,219 | $49.5M | 2.22% | −7,511−1.8% | Reduced |
| Welch & Forbes LLC | 404,384 | $48.2M | 0.73% | −9,087−2.2% | Reduced |
| Storebrand Asset Management AS | 401,121 | $47.8M | 0.17% | +5,195+1.3% | Added |
| Welch Group, LLC | 398,412 | $47.5M | 2.56% | +5,227+1.3% | Added |
| Fenimore Asset Management Inc | 382,370 | $45.5M | 1.06% | +11,271+3.0% | Added |
| Grandfield & Dodd, LLC | 380,939 | $45.4M | 3.14% | −1570.0% | Reduced |
| Ensemble Capital Management, LLC | 369,977 | $44.1M | 3.92% | +12,278+3.4% | Added |
| GW&K Investment Management, LLC | 368,444 | $43.9M | 0.41% | −8,673−2.3% | Reduced |
| KBC Group NV | 360,737 | $43.0M | 0.15% | −16,572−4.4% | Reduced |
| Los Angeles Capital Management LLC | 358,517 | $42.7M | 0.16% | −237,472−39.8% | Reduced |
| Citigroup Inc | 353,764 | $42.1M | 0.06% | −68,788−16.3% | Reduced |
| State Board of Administration of Florida Retirement System | 352,923 | $42.0M | 0.09% | +817+0.2% | Added |
| Cerity Partners LLC | 343,269 | $40.9M | 0.14% | +152,818+80.2% | Added |
| Macquarie Group Ltd | 341,573 | $40.7M | 0.05% | −18,755−5.2% | Reduced |
| Advisor Group Holdings, Inc. | 340,071 | $40.5M | 0.07% | −164,883−32.7% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 345,461 | $40.4M | 0.07% | +16,460+5.0% | Added |
| MML Investors Services, LLC | 334,197 | $39.8M | 0.18% | +41,953+14.4% | Added |
| Schroder Investment Management Group | 332,354 | $39.6M | 0.05% | −114,817−25.7% | Reduced |
| National Bank of Canada | 333,159 | $39.3M | 0.07% | +71,367+27.3% | Added |
| ProShare Advisors LLC | 324,958 | $38.7M | 0.12% | −57,265−15.0% | Reduced |