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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
Voya Investment Management LLC146,917$19.7M0.02%−5,026−3.3%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)149,180$20.0M0.06%−21,564−12.6%Reduced
Mackenzie Financial Corp149,920$20.1M0.03%−10,065−6.3%Reduced
Markel Group Inc.SuperinvestorMarkel Group150,000$20.1M0.18%00.0%Unchanged
Swedbank AB152,328$20.4M0.03%−419−0.3%Reduced
Disciplined Growth Investors Inc154,915$20.8M0.39%+14,063+10.0%Added
AXA S.A.155,576$20.9M0.06%+19,692+14.5%Added
Alley Investment Management Company, LLC158,216$21.2M2.69%+1,181+0.8%Added
Godsey & Gibb Associates159,351$21.4M2.05%−956−0.6%Reduced
Gateway Investment Advisers LLC162,463$21.8M0.24%−710.0%Reduced
Boston Trust Walden Corp165,604$22.2M0.15%−1,797−1.1%Reduced
DnB Asset Management AS169,761$22.8M0.10%+105,181+162.9%Added
Grimes & Company, Inc.171,880$23.1M0.62%−26,797−13.5%Reduced
Blair William & Co174,634$23.4M0.07%−10,887−5.9%Reduced
Sanibel Captiva Trust Company, Inc.176,680$23.7M0.76%−7,205−3.9%Reduced
Pictet Asset Management Holding SA180,641$24.2M0.03%+6,397+3.7%Added
Investment House LLC181,450$24.3M1.31%−109−0.1%Reduced
Harvey Investment Co LLC182,426$24.5M2.76%−2,245−1.2%Reduced
Royal London Asset Management Ltd187,663$25.2M0.06%+4,157+2.3%Added
Man Group plc192,788$25.9M0.07%−93,944−32.8%Reduced
Schaper Benz & Wise Investment Counsel Inc195,811$26.3M2.10%+1,643+0.8%Added
State of Wisconsin Investment Board199,045$26.7M0.07%+16,029+8.8%Added
Truist Financial Corp201,953$27.1M0.04%+31,668+18.6%Added
RWC Asset Management LLP204,291$27.4M1.59%−1,744−0.8%Reduced
Windsor Advisory Group, LLC205,607$27.6M31.14%+169,861+475.2%Added
Clarkston Capital Partners, LLC207,223$27.8M0.51%+1,964+1.0%Added
Mitsubishi UFJ Trust & Banking Corp208,464$28.0M0.06%−3,290−1.6%Reduced
US Bancorp221,536$29.7M0.04%−3,295−1.5%Reduced
AQR Capital Management LLC228,353$30.5M0.04%+47,329+26.1%Added
Chevy Chase Trust Holdings, Inc.231,739$31.1M0.10%+20,648+9.8%Added
Prudential Financial Inc232,575$31.2M0.04%+5,431+2.4%Added
Sabal Trust CO235,805$31.6M1.72%−4,583−1.9%Reduced
Danske Bank A/S240,801$32.3M0.11%+41,114+20.6%Added
Manufacturers Life Insurance Company, The241,697$32.4M0.03%+1,407+0.6%Added
Glenmede Trust Co NA249,325$33.5M0.16%−19,210−7.2%Reduced
Adage Capital Partners GP, L.L.C.252,146$33.8M0.06%−30,200−10.7%Reduced
Commonwealth Equity Services, LLC252,506$33.9M0.05%−4,052−1.6%Reduced
National Bank of Canada258,739$34.7M0.05%+88,394+51.9%Added
Parthenon LLC259,195$34.8M4.15%−235−0.1%Reduced
Raymond James Financial Services Advisors, Inc.260,064$34.9M0.05%+354+0.1%Added
Janus Henderson Group PLC260,590$35.0M0.02%+200,640+334.7%Added
Swiss Life Asset Management Ltd263,645$35.4M0.40%−2,433−0.9%Reduced
Storebrand Asset Management AS272,533$36.6M0.12%−136,091−33.3%Reduced
Capital Advisors Inc272,993$36.6M0.73%+27,551+11.2%Added
BI Asset Management Fondsmaeglerselskab A/S276,333$37.1M0.64%+37,137+15.5%Added
Fort Washington Investment Advisors Inc278,560$37.4M0.23%+9,290+3.5%Added
Conning Inc.281,837$37.8M1.25%−11,756−4.0%Reduced
Mirae Asset Global ETFs Holdings Ltd.282,234$37.9M0.09%−3,345−1.2%Reduced
Russell Investments Group, Ltd.291,530$39.1M0.06%−15,603−5.1%Reduced
Mirae Asset Global Investments Co., Ltd.297,626$39.6M0.18%+35,981+13.8%Added
Unigestion Holding SA295,692$39.7M1.92%+282,487+2,139.2%Added
Distillate Capital Partners LLC298,856$40.1M2.01%+165,953+124.9%Added
New York State Teachers Retirement System299,521$40.2M0.08%−7,085−2.3%Reduced
Willis Investment Counsel312,924$42.0M2.73%+1,031+0.3%Added
State Board of Administration of Florida Retirement System325,093$43.6M0.08%−12,340−3.7%Reduced
Healthcare of Ontario Pension Plan Trust Fund328,386$44.1M0.11%+185,339+129.6%Added
MML Investors Services, LLC329,080$44.2M0.16%+20,064+6.5%Added
Macquarie Group Ltd330,860$44.4M0.05%−12,304−3.6%Reduced
New York State Common Retirement Fund334,140$44.8M0.06%−49,600−12.9%Reduced
Janney Montgomery Scott LLC336,424$45.1M0.13%+676+0.2%Added
Skandinaviska Enskilda Banken AB (publ)342,769$46.0M0.21%−26,356−7.1%Reduced
GW&K Investment Management, LLC350,276$47.0M0.40%−5,602−1.6%Reduced
Cerity Partners LLC359,846$48.3M0.11%+4,606+1.3%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.371,827$49.9M0.12%+40,712+12.3%Added
ProShare Advisors LLC380,441$51.1M0.13%+24,625+6.9%Added
Grandfield & Dodd, LLC381,971$51.3M3.04%−930−0.2%Reduced
Welch & Forbes LLC387,158$52.0M0.66%−2,271−0.6%Reduced
Welch Group, LLC404,557$54.3M2.36%+3,406+0.8%Added
Neuberger Berman Group LLC413,654$55.5M0.04%−3,288−0.8%Reduced
Donaldson Capital Management, LLC417,276$56.0M2.15%+5,078+1.2%Added
Fenimore Asset Management Inc418,442$56.2M1.13%+5,436+1.3%Added
Principal Financial Group Inc424,160$56.9M0.03%+13,702+3.3%Added
Old Republic International Corporation428,600$57.5M2.16%00.0%Unchanged
Ensemble Capital Management, LLC438,211$58.8M4.99%−94,794−17.8%Reduced
Wedge Capital Management L L P444,305$59.6M1.03%−114,524−20.5%Reduced
CI Private Wealth, LLC448,102$60.1M0.09%+2200.0%Added
Mariner, LLC477,833$64.1M0.11%−649−0.1%Reduced
DekaBank Deutsche Girozentrale494,586$65.7M0.12%−3,401−0.7%Reduced
Great West Life Assurance Co496,740$66.7M0.12%+9,242+1.9%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.497,831$66.8M0.07%+31,281+6.7%Added
Nomura Asset Management Co Ltd558,170$74.9M0.23%+1,112+0.2%Added
Miller Howard Investments Inc559,363$75.1M2.31%−9,953−1.7%Reduced
Citigroup Inc564,024$75.7M0.07%+49,902+9.7%Added
California State Teachers Retirement System567,012$76.1M0.09%+10,851+2.0%Added
Victory Capital Management Inc610,847$82.0M0.08%−239,249−28.1%Reduced
Bank of Montreal633,834$84.3M0.04%+7,126+1.1%Added
Rhumbline Advisers654,100$87.8M0.08%−72,409−10.0%Reduced
National Pension Service688,089$92.3M0.09%+53,544+8.4%Added
The PNC Financial Services Group, Inc.694,922$93.3M0.06%+19,431+2.9%Added
Schroder Investment Management Group726,801$96.7M0.10%+335,588+85.8%Added
Price T Rowe Associates Inc720,997$96.8M0.01%−212,340−22.8%Reduced
LPL Financial LLC729,233$97.9M0.04%+146,421+25.1%Added
FMR LLC750,519$100.7M0.01%−13,747−1.8%Reduced
Mawer Investment Management Ltd.798,499$107.2M0.49%−237,059−22.9%Reduced
Stifel Financial Corp803,776$107.9M0.11%+55,017+7.3%Added
Sumitomo Mitsui Trust Holdings, Inc.831,967$111.6M0.08%+12,178+1.5%Added
Nuveen Asset Management, LLC874,825$117.4M0.03%+3,796+0.4%Added
Amundi862,135$118.7M0.04%+7,486+0.9%Added
Norges Bank906,605$121.7M0.02%+695,224+328.9%Added
Troy Asset Management Ltd915,630$122.9M3.87%−147,139−13.8%Reduced