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 2024
Institutional positions in Paychex Inc as of Mar 31, 2024. 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
- 1,531
- +34 vs. Q4 2023
- Shares held
- 269.9M
- +5.55M (+2.1%) vs. Q4 2023
- Total value
- $33.1B
- +$1.63B (+5.2%) vs. Q4 2023
- New holders
- 112
- 537 more added
- Sold out
- 78
- 601 more reduced
14 institutions that held it in Q4 2023 haven't filed for Q1 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2024
Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q4 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 30,541,306 | $3.75B | 0.07% | +123,268+0.4% | Added |
| BlackRock Inc. | 28,585,013 | $3.51B | 0.08% | +624,710+2.2% | Added |
| Capital International Investors | 20,878,283 | $2.56B | 0.52% | +2,373,894+12.8% | Added |
| State Street Corp | 13,040,576 | $1.60B | 0.07% | −42,706−0.3% | Reduced |
| Bank of New York Mellon Corp | 11,126,465 | $1.37B | 0.26% | −72,474−0.6% | Reduced |
| Wells Fargo & Company | 9,635,226 | $1.18B | 0.31% | +14,246+0.1% | Added |
| Charles Schwab Investment Management Inc | 9,093,734 | $1.12B | 0.26% | +2,305,460+34.0% | Added |
| Geode Capital Management, LLC | 9,010,917 | $1.11B | 0.10% | +325,886+3.8% | Added |
| Bank of America Corp | 5,937,290 | $729.1M | 0.07% | −506,743−7.9% | Reduced |
| Morgan Stanley | 4,302,020 | $528.3M | 0.04% | +413,928+10.6% | Added |
| Northern Trust Corp | 4,155,650 | $510.3M | 0.09% | −172,239−4.0% | Reduced |
| Invesco Ltd. | 2,770,230 | $340.2M | 0.07% | +264,665+10.6% | Added |
| Envestnet Asset Management Inc | 2,689,568 | $330.3M | 0.12% | +1,709+0.1% | Added |
| FIL Ltd | 2,642,000 | $324.4M | 0.32% | +94,000+3.7% | Added |
| Legal & General Group Plc | 2,637,592 | $323.9M | 0.09% | −19,447−0.7% | Reduced |
| Capital World Investors | 2,478,325 | $304.3M | 0.05% | +1,508,681+155.6% | Added |
| Royal Bank of Canada | 2,239,069 | $275.0M | 0.07% | −47,570−2.1% | Reduced |
| Goldman Sachs Group Inc | 2,200,913 | $270.3M | 0.06% | −637,084−22.4% | Reduced |
| TD Asset Management Inc | 2,179,930 | $267.7M | 0.25% | +793,468+57.2% | Added |
| First Trust Advisors LP | 2,137,896 | $262.5M | 0.27% | −65,953−3.0% | Reduced |
| UBS Group AG | 2,131,643 | $261.8M | 0.09% | +314,426+17.3% | Added |
| Ameriprise Financial Inc | 2,099,878 | $257.5M | 0.07% | +358,510+20.6% | Added |
| London Co of Virginia | 2,009,316 | $246.7M | 1.30% | −75,728−3.6% | Reduced |
| JPMorgan Chase & Co | 2,002,010 | $245.8M | 0.02% | +785,767+64.6% | Added |
| Dimensional Fund Advisors LP | 1,972,078 | $242.2M | 0.07% | +280,640+16.6% | Added |
| California Public Employees Retirement System | 1,887,089 | $231.7M | 0.16% | −66,236−3.4% | Reduced |
| UBS Asset Management Americas Inc | 1,838,834 | $225.8M | 0.08% | −79,794−4.2% | Reduced |
| Epoch Investment Partners, Inc. | 1,676,521 | $205.9M | 0.92% | +395,343+30.9% | Added |
| Bahl & Gaynor Inc | 1,589,781 | $195.2M | 1.09% | −10,184−0.6% | Reduced |
| Select Equity Group, L.P. | 1,581,676 | $194.2M | 0.70% | −782,173−33.1% | Reduced |
| Alliancebernstein L.P. | 1,522,523 | $187.0M | 0.07% | +23,164+1.5% | Added |
| Federated Hermes, Inc. | 1,444,172 | $177.3M | 0.41% | −39,407−2.7% | Reduced |
| BNP Paribas Arbitrage, SA | 1,440,262 | $176.9M | 0.22% | +335,579+30.4% | Added |
| Guinness Asset Management LTD | 1,345,820 | $165.2M | 3.44% | −18,677−1.4% | Reduced |
| Nordea Investment Management AB | 1,259,393 | $154.3M | 0.18% | +579,136+85.1% | Added |
| Qube Research & Technologies Ltd | 1,224,738 | $150.4M | 0.27% | +774,828+172.2% | Added |
| Confluence Investment Management LLC | 1,193,952 | $146.6M | 1.97% | −22,413−1.8% | Reduced |
| Troy Asset Management Ltd | 1,181,294 | $145.1M | 4.39% | −63,268−5.1% | Reduced |
| Deutsche Bank AG | 1,145,378 | $140.7M | 0.07% | +91,875+8.7% | Added |
| Barclays PLC | 1,125,210 | $138.2M | 0.06% | −886,509−44.1% | Reduced |
| Mawer Investment Management Ltd. | 1,090,694 | $133.9M | 0.62% | −83,134−7.1% | Reduced |
| HSBC Holdings PLC | 1,041,254 | $127.8M | 0.09% | +80,985+8.4% | Added |
| Nuveen Asset Management, LLC | 986,277 | $121.1M | 0.04% | +135,487+15.9% | Added |
| Hamlin Capital Management, LLC | 981,670 | $120.5M | 3.56% | +80,771+9.0% | Added |
| Price T Rowe Associates Inc | 979,513 | $120.3M | 0.01% | +6,020+0.6% | Added |
| Baird Financial Group, Inc. | 977,810 | $120.1M | 0.25% | +15,930+1.7% | Added |
| Swiss National Bank | 969,900 | $119.1M | 0.08% | −46,700−4.6% | Reduced |
| McDonald Capital Investors Inc | 949,934 | $116.7M | 7.30% | −17,295−1.8% | Reduced |
| Franklin Resources Inc | 940,655 | $115.5M | 0.04% | −13,174−1.4% | Reduced |
| Victory Capital Management Inc | 923,013 | $113.3M | 0.11% | +359,541+63.8% | Added |
| Amundi | 925,484 | $109.9M | 0.05% | −316,239−25.5% | Reduced |
| FMR LLC | 890,677 | $109.4M | 0.01% | −3,549,696−79.9% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 875,941 | $107.6M | 0.07% | −3,588−0.4% | Reduced |
| Raymond James & Associates | 823,906 | $101.2M | 0.07% | +11,321+1.4% | Added |
| Credit Suisse AG | 801,165 | $98.4M | 0.10% | −96,530−10.8% | Reduced |
| Rhumbline Advisers | 774,808 | $95.1M | 0.09% | +13,876+1.8% | Added |
| Stifel Financial Corp | 731,034 | $89.8M | 0.10% | +31,304+4.5% | Added |
| Wedge Capital Management L L P | 682,132 | $83.8M | 1.36% | +79,185+13.1% | Added |
| The PNC Financial Services Group, Inc. | 680,367 | $83.5M | 0.06% | +769+0.1% | Added |
| Robeco Institutional Asset Management B.V. | 659,562 | $81.0M | 0.18% | −82,195−11.1% | Reduced |
| Bank of Montreal | 654,277 | $79.7M | 0.04% | −78,482−10.7% | Reduced |
| National Pension Service | 629,799 | $77.3M | 0.09% | +10,210+1.6% | Added |
| LPL Financial LLC | 617,607 | $75.8M | 0.04% | +26,075+4.4% | Added |
| Miller Howard Investments Inc | 578,803 | $71.1M | 2.33% | +143,323+32.9% | Added |
| California State Teachers Retirement System | 553,716 | $68.0M | 0.09% | +11,047+2.0% | Added |
| Nomura Asset Management Co Ltd | 534,742 | $65.7M | 0.24% | +18,834+3.7% | Added |
| DekaBank Deutsche Girozentrale | 499,337 | $60.6M | 0.11% | +3,724+0.8% | Added |
| AXA S.A. | 489,666 | $60.1M | 0.18% | +384,593+366.0% | Added |
| Ensemble Capital Management, LLC | 485,767 | $59.7M | 5.00% | +115,790+31.3% | Added |
| Mariner, LLC | 467,975 | $57.5M | 0.12% | +1,625+0.3% | Added |
| CI Private Wealth, LLC | 454,616 | $55.8M | 0.10% | −28,514−5.9% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 481,155 | $55.3M | 0.12% | +54,225+12.7% | Added |
| Great West Life Assurance Co | 433,698 | $53.3M | 0.11% | −2,308−0.5% | Reduced |
| Old Republic International Corporation | 428,600 | $52.6M | 2.07% | 00.0% | Unchanged |
| Neuberger Berman Group LLC | 425,694 | $52.3M | 0.04% | −11,586−2.6% | Reduced |
| Prana Capital Management, LP | 425,549 | $52.3M | 2.34% | +425,549 | New |
| Principal Financial Group Inc | 419,969 | $51.6M | 0.03% | −3,599−0.8% | Reduced |
| Donaldson Capital Management, LLC | 414,302 | $50.9M | 2.12% | −917−0.2% | Reduced |
| Fenimore Asset Management Inc | 410,837 | $50.5M | 1.07% | +28,467+7.4% | Added |
| Storebrand Asset Management AS | 405,240 | $49.8M | 0.17% | +4,119+1.0% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 405,091 | $49.7M | 0.07% | +59,630+17.3% | Added |
| Welch Group, LLC | 397,903 | $48.9M | 2.42% | −509−0.1% | Reduced |
| ProShare Advisors LLC | 395,435 | $48.6M | 0.13% | +70,477+21.7% | Added |
| Welch & Forbes LLC | 395,125 | $48.5M | 0.67% | −9,259−2.3% | Reduced |
| New York State Common Retirement Fund | 383,720 | $47.1M | 0.06% | −93,177−19.5% | Reduced |
| Grandfield & Dodd, LLC | 382,021 | $46.9M | 2.96% | +1,082+0.3% | Added |
| Cerity Partners LLC | 367,836 | $45.2M | 0.12% | +24,567+7.2% | Added |
| GW&K Investment Management, LLC | 363,355 | $44.6M | 0.39% | −5,089−1.4% | Reduced |
| Macquarie Group Ltd | 363,801 | $44.6M | 0.05% | +22,228+6.5% | Added |
| Citigroup Inc | 359,916 | $44.2M | 0.05% | +6,152+1.7% | Added |
| Schroder Investment Management Group | 359,584 | $44.2M | 0.05% | +27,230+8.2% | Added |
| State Board of Administration of Florida Retirement System | 378,775 | $43.4M | 0.10% | +25,852+7.3% | Added |
| Man Group plc | 343,533 | $42.2M | 0.11% | +108,128+45.9% | Added |
| MML Investors Services, LLC | 338,721 | $41.6M | 0.17% | +4,524+1.4% | Added |
| Janney Montgomery Scott LLC | 325,723 | $40.0M | 0.12% | +8,867+2.8% | Added |
| Squarepoint Ops LLC | 312,401 | $38.4M | 0.16% | −326,049−51.1% | Reduced |
| Willis Investment Counsel | 311,606 | $38.3M | 2.63% | +1,206+0.4% | Added |
| New York State Teachers Retirement System | 311,375 | $38.2M | 0.08% | −2,755−0.9% | Reduced |
| Conning Inc. | 309,821 | $38.0M | 1.24% | +43,765+16.4% | Added |
| D. E. Shaw & Co., Inc. | 306,046 | $37.6M | 0.05% | +25,765+9.2% | Added |