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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 2024

Institutional positions in Paychex Inc as of Sep 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
1,546
+46 vs. Q2 2024
Shares held
277.2M
+32.3M (+13.2%) vs. Q2 2024
Total value
$37.1B
+$8.08B (+27.8%) vs. Q2 2024
New holders
139
556 more added
Sold out
93
574 more reduced

19 institutions that held it in Q2 2024 haven't filed for Q3 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2024: 1,546 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 2024: $37.1B
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 2024

Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q2 2024.

Institutions holding PAYX in Q3 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc31,346,208$4.21B0.08%+293,978+0.9%Added
BlackRock, Inc.26,942,652$3.62B0.08%+26,942,652New
Capital International Investors26,738,876$3.59B0.69%+2,217,438+9.0%Added
State Street Corp13,230,236$1.78B0.07%+60,455+0.5%Added
Bank of New York Mellon Corp10,581,874$1.42B0.26%−354,638−3.2%Reduced
Wells Fargo & Company9,575,455$1.28B0.31%−29,159−0.3%Reduced
Charles Schwab Investment Management Inc9,524,870$1.28B0.24%+345,682+3.8%Added
Geode Capital Management, LLC9,414,072$1.26B0.10%+190,937+2.1%Added
Bank of America Corp5,688,770$763.4M0.07%−161,812−2.8%Reduced
Morgan Stanley4,994,148$670.2M0.05%+446,750+9.8%Added
Northern Trust Corp4,112,903$551.9M0.09%−204,186−4.7%Reduced
Invesco Ltd.3,896,496$522.9M0.10%+323,161+9.0%Added
JPMorgan Chase & Co3,839,850$515.3M0.04%+1,558,261+68.3%Added
Goldman Sachs Group Inc2,925,857$392.6M0.08%−80,469−2.7%Reduced
FIL Ltd2,815,397$377.8M0.34%+45,397+1.6%Added
Capital World Investors2,755,438$369.8M0.06%00.0%Unchanged
UBS Asset Management Americas Inc2,729,229$366.2M0.09%−155,531−5.4%Reduced
Dimensional Fund Advisors LP2,578,008$345.9M0.08%+221,746+9.4%Added
Legal & General Group Plc2,577,690$345.9M0.09%+73,818+2.9%Added
Ameriprise Financial Inc2,300,645$309.7M0.08%+106,410+4.8%Added
Envestnet Asset Management Inc2,242,675$300.9M0.10%−383,485−14.6%Reduced
TD Asset Management Inc2,124,134$282.5M0.25%+21,394+1.0%Added
First Trust Advisors LP2,101,844$282.0M0.27%+85,716+4.3%Added
UBS Group AG1,926,734$258.5M0.07%−103,402−5.1%Reduced
Royal Bank of Canada1,852,419$248.6M0.06%−380,399−17.0%Reduced
Epoch Investment Partners, Inc.1,826,873$245.1M1.10%+36,496+2.0%Added
Barclays PLC1,748,485$234.6M0.10%+552,540+46.2%Added
London Co of Virginia1,747,843$234.5M1.24%−142,707−7.5%Reduced
Bahl & Gaynor Inc1,704,046$228.7M1.18%+1330.0%Added
Federated Hermes, Inc.1,667,546$223.8M0.49%+1,148,775+221.4%Added
Select Equity Group, L.P.1,625,591$218.1M0.80%+127,125+8.5%Added
Guinness Asset Management LTD1,567,667$210.3M3.98%+68,627+4.6%Added
California Public Employees Retirement System1,488,358$199.7M0.14%−65,132−4.2%Reduced
Nordea Investment Management AB1,433,996$192.4M0.22%−412,999−22.4%Reduced
Hamlin Capital Management, LLC1,153,530$154.8M3.89%+97,867+9.3%Added
Confluence Investment Management LLC1,120,528$150.4M2.01%−15,744−1.4%Reduced
Deutsche Bank AG1,090,738$146.4M0.06%+75,558+7.4%Added
Capital Research Global Investors1,059,135$142.1M0.03%00.0%Unchanged
Franklin Resources Inc997,930$142.1M0.04%+27,296+2.8%Added
Alliancebernstein L.P.1,032,084$138.5M0.05%−439,471−29.9%Reduced
HSBC Holdings PLC1,028,624$137.9M0.09%−327,038−24.1%Reduced
BNP Paribas Arbitrage, SA1,015,245$136.2M0.13%−496,814−32.9%Reduced
Raymond James & Associates988,417$132.6M0.08%+212,700+27.4%Added
Swiss National Bank962,000$129.1M0.08%+2,800+0.3%Added
Baird Financial Group, Inc.932,643$125.2M0.24%−50,055−5.1%Reduced
McDonald Capital Investors Inc922,404$123.8M7.60%−18,435−2.0%Reduced
Troy Asset Management Ltd915,630$122.9M3.87%−147,139−13.8%Reduced
Norges Bank906,605$121.7M0.02%+695,224+328.9%Added
Amundi862,135$118.7M0.04%+7,486+0.9%Added
Nuveen Asset Management, LLC874,825$117.4M0.03%+3,796+0.4%Added
Sumitomo Mitsui Trust Holdings, Inc.831,967$111.6M0.08%+12,178+1.5%Added
Stifel Financial Corp803,776$107.9M0.11%+55,017+7.3%Added
Mawer Investment Management Ltd.798,499$107.2M0.49%−237,059−22.9%Reduced
FMR LLC750,519$100.7M0.01%−13,747−1.8%Reduced
LPL Financial LLC729,233$97.9M0.04%+146,421+25.1%Added
Price T Rowe Associates Inc720,997$96.8M0.01%−212,340−22.8%Reduced
Schroder Investment Management Group726,801$96.7M0.10%+335,588+85.8%Added
The PNC Financial Services Group, Inc.694,922$93.3M0.06%+19,431+2.9%Added
National Pension Service688,089$92.3M0.09%+53,544+8.4%Added
Rhumbline Advisers654,100$87.8M0.08%−72,409−10.0%Reduced
Bank of Montreal633,834$84.3M0.04%+7,126+1.1%Added
Victory Capital Management Inc610,847$82.0M0.08%−239,249−28.1%Reduced
California State Teachers Retirement System567,012$76.1M0.09%+10,851+2.0%Added
Citigroup Inc564,024$75.7M0.07%+49,902+9.7%Added
Miller Howard Investments Inc559,363$75.1M2.31%−9,953−1.7%Reduced
Nomura Asset Management Co Ltd558,170$74.9M0.23%+1,112+0.2%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.497,831$66.8M0.07%+31,281+6.7%Added
Great West Life Assurance Co496,740$66.7M0.12%+9,242+1.9%Added
DekaBank Deutsche Girozentrale494,586$65.7M0.12%−3,401−0.7%Reduced
Mariner, LLC477,833$64.1M0.11%−649−0.1%Reduced
CI Private Wealth, LLC448,102$60.1M0.09%+2200.0%Added
Wedge Capital Management L L P444,305$59.6M1.03%−114,524−20.5%Reduced
Ensemble Capital Management, LLC438,211$58.8M4.99%−94,794−17.8%Reduced
Old Republic International Corporation428,600$57.5M2.16%00.0%Unchanged
Principal Financial Group Inc424,160$56.9M0.03%+13,702+3.3%Added
Fenimore Asset Management Inc418,442$56.2M1.13%+5,436+1.3%Added
Donaldson Capital Management, LLC417,276$56.0M2.15%+5,078+1.2%Added
Neuberger Berman Group LLC413,654$55.5M0.04%−3,288−0.8%Reduced
Welch Group, LLC404,557$54.3M2.36%+3,406+0.8%Added
Welch & Forbes LLC387,158$52.0M0.66%−2,271−0.6%Reduced
Grandfield & Dodd, LLC381,971$51.3M3.04%−930−0.2%Reduced
ProShare Advisors LLC380,441$51.1M0.13%+24,625+6.9%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.371,827$49.9M0.12%+40,712+12.3%Added
Cerity Partners LLC359,846$48.3M0.11%+4,606+1.3%Added
GW&K Investment Management, LLC350,276$47.0M0.40%−5,602−1.6%Reduced
Skandinaviska Enskilda Banken AB (publ)342,769$46.0M0.21%−26,356−7.1%Reduced
Janney Montgomery Scott LLC336,424$45.1M0.13%+676+0.2%Added
New York State Common Retirement Fund334,140$44.8M0.06%−49,600−12.9%Reduced
Macquarie Group Ltd330,860$44.4M0.05%−12,304−3.6%Reduced
MML Investors Services, LLC329,080$44.2M0.16%+20,064+6.5%Added
Healthcare of Ontario Pension Plan Trust Fund328,386$44.1M0.11%+185,339+129.6%Added
State Board of Administration of Florida Retirement System325,093$43.6M0.08%−12,340−3.7%Reduced
Willis Investment Counsel312,924$42.0M2.73%+1,031+0.3%Added
New York State Teachers Retirement System299,521$40.2M0.08%−7,085−2.3%Reduced
Distillate Capital Partners LLC298,856$40.1M2.01%+165,953+124.9%Added
Unigestion Holding SA295,692$39.7M1.92%+282,487+2,139.2%Added
Mirae Asset Global Investments Co., Ltd.297,626$39.6M0.18%+35,981+13.8%Added
Russell Investments Group, Ltd.291,530$39.1M0.06%−15,603−5.1%Reduced
Mirae Asset Global ETFs Holdings Ltd.282,234$37.9M0.09%−3,345−1.2%Reduced
Conning Inc.281,837$37.8M1.25%−11,756−4.0%Reduced