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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
Danske Bank A/S199,687$23.7M0.09%+21,436+12.0%Added
Clarkston Capital Partners, LLC205,259$24.3M0.46%+4,520+2.3%Added
RWC Asset Management LLP206,035$24.4M1.72%−5,565−2.6%Reduced
Chevy Chase Trust Holdings, Inc.211,091$25.0M0.08%+1,619+0.8%Added
Norges Bank211,381$25.1M0.00%−69,793−24.8%Reduced
Mitsubishi UFJ Trust & Banking Corp211,754$25.1M0.06%−7,611−3.5%Reduced
US Bancorp224,831$26.7M0.04%−1,306−0.6%Reduced
Prudential Financial Inc227,144$26.9M0.04%−28,911−11.3%Reduced
BI Asset Management Fondsmaeglerselskab A/S239,196$28.4M0.46%+24,697+11.5%Added
Manufacturers Life Insurance Company, The240,290$28.5M0.03%+281+0.1%Added
Sabal Trust CO240,388$28.5M1.70%−3,904−1.6%Reduced
Capital Advisors Inc245,442$29.1M0.60%+6,767+2.8%Added
Commonwealth Equity Services, LLC256,558$30.4M0.05%−621−0.2%Reduced
Parthenon LLC259,430$30.8M3.91%−3,092−1.2%Reduced
Raymond James Financial Services Advisors, Inc.259,710$30.8M0.04%−11,656−4.3%Reduced
Mirae Asset Global Investments Co., Ltd.261,645$30.8M0.15%−219,510−45.6%Reduced
Swiss Life Asset Management Ltd266,078$31.5M0.37%+18,097+7.3%Added
Glenmede Trust Co NA268,535$31.8M0.16%−716−0.3%Reduced
Fort Washington Investment Advisors Inc269,270$31.9M0.21%+3,292+1.2%Added
Citadel Advisors LLC274,681$32.6M0.03%+262,279+2,114.8%Added
Adage Capital Partners GP, L.L.C.282,346$33.5M0.06%+38,200+15.6%Added
Mirae Asset Global ETFs Holdings Ltd.285,579$33.9M0.08%+285,579New
Man Group plc286,732$34.0M0.09%−56,801−16.5%Reduced
Conning Inc.293,593$34.8M1.25%−16,228−5.2%Reduced
New York State Teachers Retirement System306,606$36.4M0.08%−4,769−1.5%Reduced
Russell Investments Group, Ltd.307,133$36.4M0.06%+95,932+45.4%Added
MML Investors Services, LLC309,016$36.6M0.15%−29,705−8.8%Reduced
Willis Investment Counsel311,893$37.0M2.56%+287+0.1%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.331,115$39.3M0.10%+211,010+175.7%Added
Janney Montgomery Scott LLC335,748$39.8M0.12%+10,025+3.1%Added
State Board of Administration of Florida Retirement System337,433$40.0M0.08%−41,342−10.9%Reduced
Macquarie Group Ltd343,164$40.7M0.05%−20,637−5.7%Reduced
Cerity Partners LLC355,240$42.1M0.11%−12,596−3.4%Reduced
ProShare Advisors LLC355,816$42.2M0.11%−39,619−10.0%Reduced
GW&K Investment Management, LLC355,878$42.2M0.39%−7,477−2.1%Reduced
Skandinaviska Enskilda Banken AB (publ)369,125$43.7M0.21%+80,427+27.9%Added
Grandfield & Dodd, LLC382,901$45.4M2.87%+880+0.2%Added
New York State Common Retirement Fund383,740$45.5M0.06%+200.0%Added
Welch & Forbes LLC389,429$45.6M0.61%−5,696−1.4%Reduced
Schroder Investment Management Group391,213$46.4M0.05%+31,629+8.8%Added
Welch Group, LLC401,151$47.6M2.29%+3,248+0.8%Added
APG Asset Management N.V.430,031$47.6M0.08%+104,750+32.2%Added
Storebrand Asset Management AS408,624$48.4M0.16%+3,384+0.8%Added
Principal Financial Group Inc410,458$48.7M0.03%−9,511−2.3%Reduced
Donaldson Capital Management, LLC412,198$48.9M2.05%−2,104−0.5%Reduced
Fenimore Asset Management Inc413,006$49.0M1.07%+2,169+0.5%Added
Neuberger Berman Group LLC416,942$49.4M0.04%−8,752−2.1%Reduced
Old Republic International Corporation428,600$50.8M2.07%00.0%Unchanged
CI Private Wealth, LLC447,882$53.1M0.09%−6,734−1.5%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.466,550$55.3M0.07%+61,459+15.2%Added
Mariner, LLC478,482$56.7M0.11%+10,507+2.2%Added
Great West Life Assurance Co487,498$57.8M0.11%+53,800+12.4%Added
DekaBank Deutsche Girozentrale497,987$58.5M0.11%−1,350−0.3%Reduced
Citigroup Inc514,122$61.0M0.06%+154,206+42.8%Added
Federated Hermes, Inc.518,771$61.5M0.15%−925,401−64.1%Reduced
Ensemble Capital Management, LLC533,005$63.2M4.92%+47,238+9.7%Added
California State Teachers Retirement System556,161$65.9M0.08%+2,445+0.4%Added
Nomura Asset Management Co Ltd557,058$66.0M0.23%+22,316+4.2%Added
Wedge Capital Management L L P558,829$66.3M1.17%−123,303−18.1%Reduced
Miller Howard Investments Inc569,316$67.5M2.24%−9,487−1.6%Reduced
LPL Financial LLC582,812$69.1M0.03%−34,795−5.6%Reduced
National Pension Service634,545$75.2M0.09%+4,746+0.8%Added
Bank of Montreal626,708$78.6M0.04%−27,569−4.2%Reduced
The PNC Financial Services Group, Inc.675,491$80.1M0.05%−4,876−0.7%Reduced
Rhumbline Advisers726,509$86.1M0.08%−48,299−6.2%Reduced
Stifel Financial Corp748,759$88.8M0.10%+17,725+2.4%Added
FMR LLC764,266$90.6M0.01%−126,411−14.2%Reduced
Raymond James & Associates775,717$92.0M0.06%−48,189−5.8%Reduced
Sumitomo Mitsui Trust Holdings, Inc.819,789$97.2M0.07%−56,152−6.4%Reduced
Amundi854,649$100.5M0.04%−70,835−7.7%Reduced
Victory Capital Management Inc850,096$100.8M0.10%−72,917−7.9%Reduced
Nuveen Asset Management, LLC871,029$103.3M0.03%−115,248−11.7%Reduced
Price T Rowe Associates Inc933,337$110.7M0.01%−46,176−4.7%Reduced
McDonald Capital Investors Inc940,839$111.5M6.97%−9,095−1.0%Reduced
Swiss National Bank959,200$113.7M0.08%−10,700−1.1%Reduced
Franklin Resources Inc970,634$115.1M0.04%+29,979+3.2%Added
Baird Financial Group, Inc.982,698$116.5M0.24%+4,888+0.5%Added
Deutsche Bank AG1,015,180$120.4M0.05%−130,198−11.4%Reduced
Mawer Investment Management Ltd.1,035,558$122.8M0.58%−55,136−5.1%Reduced
Hamlin Capital Management, LLC1,055,663$125.2M3.69%+73,993+7.5%Added
Capital Research Global Investors1,059,135$125.6M0.03%+1,059,135New
Troy Asset Management Ltd1,062,769$126.0M4.09%−118,525−10.0%Reduced
Confluence Investment Management LLC1,136,272$134.7M1.94%−57,680−4.8%Reduced
Barclays PLC1,195,945$141.8M0.07%+70,735+6.3%Added
HSBC Holdings PLC1,355,662$160.8M0.10%+314,408+30.2%Added
Alliancebernstein L.P.1,471,555$174.5M0.06%−50,968−3.3%Reduced
Select Equity Group, L.P.1,498,466$177.7M0.70%−83,210−5.3%Reduced
Guinness Asset Management LTD1,499,040$177.7M3.67%+153,220+11.4%Added
BNP Paribas Arbitrage, SA1,512,059$179.3M0.19%+71,797+5.0%Added
California Public Employees Retirement System1,553,490$184.2M0.14%−333,599−17.7%Reduced
Bahl & Gaynor Inc1,703,913$202.0M1.13%+114,132+7.2%Added
Epoch Investment Partners, Inc.1,790,377$212.3M0.97%+113,856+6.8%Added
Nordea Investment Management AB1,846,995$220.5M0.26%+587,602+46.7%Added
London Co of Virginia1,890,550$224.1M1.26%−118,766−5.9%Reduced
First Trust Advisors LP2,016,128$239.0M0.24%−121,768−5.7%Reduced
UBS Group AG2,030,136$240.7M0.07%−101,507−4.8%Reduced
TD Asset Management Inc2,102,740$249.3M0.23%−77,190−3.5%Reduced
Ameriprise Financial Inc2,194,235$259.5M0.07%+94,357+4.5%Added
Royal Bank of Canada2,232,818$264.7M0.06%−6,251−0.3%Reduced
JPMorgan Chase & Co2,281,589$270.5M0.02%+279,579+14.0%Added