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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 2024

Institutional positions in Paychex Inc as of Jun 30, 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
1,519
+2 vs. Q1 2024
Shares held
273.4M
+4.50M (+1.7%) vs. Q1 2024
Total value
$32.4B
−$586.4M (−1.8%) vs. Q1 2024
New holders
119
555 more added
Sold out
117
572 more reduced

14 institutions that held it in Q1 2024 haven't filed for Q2 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2024: 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 2024: 1,519 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 2024: $32.4B
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 2024

Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q1 2024.

Institutions holding PAYX in Q2 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc31,052,230$3.68B0.07%+510,924+1.7%Added
BlackRock Inc.27,976,947$3.32B0.08%−608,066−2.1%Reduced
Capital International Investors24,521,438$2.91B0.60%+3,643,155+17.4%Added
State Street Corp13,169,781$1.56B0.07%+129,205+1.0%Added
Bank of New York Mellon Corp10,936,512$1.30B0.25%−189,953−1.7%Reduced
Wells Fargo & Company9,604,614$1.14B0.29%−30,612−0.3%Reduced
Geode Capital Management, LLC9,223,135$1.09B0.10%+212,218+2.4%Added
Charles Schwab Investment Management Inc9,179,188$1.09B0.21%+85,454+0.9%Added
Bank of America Corp5,850,582$693.6M0.07%−86,708−1.5%Reduced
Morgan Stanley4,547,398$539.1M0.04%+245,378+5.7%Added
Northern Trust Corp4,317,089$511.8M0.09%+161,439+3.9%Added
Invesco Ltd.3,573,335$423.7M0.09%+803,105+29.0%Added
Goldman Sachs Group Inc3,006,326$356.4M0.07%+805,413+36.6%Added
UBS Asset Management Americas Inc2,884,760$342.0M0.10%+1,045,926+56.9%Added
FIL Ltd2,770,000$328.4M0.32%+128,000+4.8%Added
Capital World Investors2,755,438$326.7M0.05%+277,113+11.2%Added
Envestnet Asset Management Inc2,626,160$311.4M0.11%−63,408−2.4%Reduced
Legal & General Group Plc2,503,872$296.9M0.08%−133,720−5.1%Reduced
Dimensional Fund Advisors LP2,356,262$279.4M0.07%+384,184+19.5%Added
JPMorgan Chase & Co2,281,589$270.5M0.02%+279,579+14.0%Added
Royal Bank of Canada2,232,818$264.7M0.06%−6,251−0.3%Reduced
Ameriprise Financial Inc2,194,235$259.5M0.07%+94,357+4.5%Added
TD Asset Management Inc2,102,740$249.3M0.23%−77,190−3.5%Reduced
UBS Group AG2,030,136$240.7M0.07%−101,507−4.8%Reduced
First Trust Advisors LP2,016,128$239.0M0.24%−121,768−5.7%Reduced
London Co of Virginia1,890,550$224.1M1.26%−118,766−5.9%Reduced
Nordea Investment Management AB1,846,995$220.5M0.26%+587,602+46.7%Added
Epoch Investment Partners, Inc.1,790,377$212.3M0.97%+113,856+6.8%Added
Bahl & Gaynor Inc1,703,913$202.0M1.13%+114,132+7.2%Added
California Public Employees Retirement System1,553,490$184.2M0.14%−333,599−17.7%Reduced
BNP Paribas Arbitrage, SA1,512,059$179.3M0.19%+71,797+5.0%Added
Guinness Asset Management LTD1,499,040$177.7M3.67%+153,220+11.4%Added
Select Equity Group, L.P.1,498,466$177.7M0.70%−83,210−5.3%Reduced
Alliancebernstein L.P.1,471,555$174.5M0.06%−50,968−3.3%Reduced
HSBC Holdings PLC1,355,662$160.8M0.10%+314,408+30.2%Added
Barclays PLC1,195,945$141.8M0.07%+70,735+6.3%Added
Confluence Investment Management LLC1,136,272$134.7M1.94%−57,680−4.8%Reduced
Troy Asset Management Ltd1,062,769$126.0M4.09%−118,525−10.0%Reduced
Capital Research Global Investors1,059,135$125.6M0.03%+1,059,135New
Hamlin Capital Management, LLC1,055,663$125.2M3.69%+73,993+7.5%Added
Mawer Investment Management Ltd.1,035,558$122.8M0.58%−55,136−5.1%Reduced
Deutsche Bank AG1,015,180$120.4M0.05%−130,198−11.4%Reduced
Baird Financial Group, Inc.982,698$116.5M0.24%+4,888+0.5%Added
Franklin Resources Inc970,634$115.1M0.04%+29,979+3.2%Added
Swiss National Bank959,200$113.7M0.08%−10,700−1.1%Reduced
McDonald Capital Investors Inc940,839$111.5M6.97%−9,095−1.0%Reduced
Price T Rowe Associates Inc933,337$110.7M0.01%−46,176−4.7%Reduced
Nuveen Asset Management, LLC871,029$103.3M0.03%−115,248−11.7%Reduced
Victory Capital Management Inc850,096$100.8M0.10%−72,917−7.9%Reduced
Amundi854,649$100.5M0.04%−70,835−7.7%Reduced
Sumitomo Mitsui Trust Holdings, Inc.819,789$97.2M0.07%−56,152−6.4%Reduced
Raymond James & Associates775,717$92.0M0.06%−48,189−5.8%Reduced
FMR LLC764,266$90.6M0.01%−126,411−14.2%Reduced
Stifel Financial Corp748,759$88.8M0.10%+17,725+2.4%Added
Rhumbline Advisers726,509$86.1M0.08%−48,299−6.2%Reduced
The PNC Financial Services Group, Inc.675,491$80.1M0.05%−4,876−0.7%Reduced
Bank of Montreal626,708$78.6M0.04%−27,569−4.2%Reduced
National Pension Service634,545$75.2M0.09%+4,746+0.8%Added
LPL Financial LLC582,812$69.1M0.03%−34,795−5.6%Reduced
Miller Howard Investments Inc569,316$67.5M2.24%−9,487−1.6%Reduced
Wedge Capital Management L L P558,829$66.3M1.17%−123,303−18.1%Reduced
Nomura Asset Management Co Ltd557,058$66.0M0.23%+22,316+4.2%Added
California State Teachers Retirement System556,161$65.9M0.08%+2,445+0.4%Added
Ensemble Capital Management, LLC533,005$63.2M4.92%+47,238+9.7%Added
Federated Hermes, Inc.518,771$61.5M0.15%−925,401−64.1%Reduced
Citigroup Inc514,122$61.0M0.06%+154,206+42.8%Added
DekaBank Deutsche Girozentrale497,987$58.5M0.11%−1,350−0.3%Reduced
Great West Life Assurance Co487,498$57.8M0.11%+53,800+12.4%Added
Mariner, LLC478,482$56.7M0.11%+10,507+2.2%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.466,550$55.3M0.07%+61,459+15.2%Added
CI Private Wealth, LLC447,882$53.1M0.09%−6,734−1.5%Reduced
Old Republic International Corporation428,600$50.8M2.07%00.0%Unchanged
Neuberger Berman Group LLC416,942$49.4M0.04%−8,752−2.1%Reduced
Fenimore Asset Management Inc413,006$49.0M1.07%+2,169+0.5%Added
Donaldson Capital Management, LLC412,198$48.9M2.05%−2,104−0.5%Reduced
Principal Financial Group Inc410,458$48.7M0.03%−9,511−2.3%Reduced
Storebrand Asset Management AS408,624$48.4M0.16%+3,384+0.8%Added
APG Asset Management N.V.430,031$47.6M0.08%+104,750+32.2%Added
Welch Group, LLC401,151$47.6M2.29%+3,248+0.8%Added
Schroder Investment Management Group391,213$46.4M0.05%+31,629+8.8%Added
Welch & Forbes LLC389,429$45.6M0.61%−5,696−1.4%Reduced
New York State Common Retirement Fund383,740$45.5M0.06%+200.0%Added
Grandfield & Dodd, LLC382,901$45.4M2.87%+880+0.2%Added
Skandinaviska Enskilda Banken AB (publ)369,125$43.7M0.21%+80,427+27.9%Added
GW&K Investment Management, LLC355,878$42.2M0.39%−7,477−2.1%Reduced
ProShare Advisors LLC355,816$42.2M0.11%−39,619−10.0%Reduced
Cerity Partners LLC355,240$42.1M0.11%−12,596−3.4%Reduced
Macquarie Group Ltd343,164$40.7M0.05%−20,637−5.7%Reduced
State Board of Administration of Florida Retirement System337,433$40.0M0.08%−41,342−10.9%Reduced
Janney Montgomery Scott LLC335,748$39.8M0.12%+10,025+3.1%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.331,115$39.3M0.10%+211,010+175.7%Added
Willis Investment Counsel311,893$37.0M2.56%+287+0.1%Added
MML Investors Services, LLC309,016$36.6M0.15%−29,705−8.8%Reduced
Russell Investments Group, Ltd.307,133$36.4M0.06%+95,932+45.4%Added
New York State Teachers Retirement System306,606$36.4M0.08%−4,769−1.5%Reduced
Conning Inc.293,593$34.8M1.25%−16,228−5.2%Reduced
Man Group plc286,732$34.0M0.09%−56,801−16.5%Reduced
Mirae Asset Global ETFs Holdings Ltd.285,579$33.9M0.08%+285,579New
Adage Capital Partners GP, L.L.C.282,346$33.5M0.06%+38,200+15.6%Added
Citadel Advisors LLC274,681$32.6M0.03%+262,279+2,114.8%Added