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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, Q4 2024

Institutional positions in Paychex Inc as of Dec 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
1,639
+122 vs. Q3 2024
Shares held
280.8M
+5.67M (+2.1%) vs. Q3 2024
Total value
$39.4B
+$2.55B (+6.9%) vs. Q3 2024
New holders
192
586 more added
Sold out
70
573 more reduced

29 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2024: 1,639 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 heldQ4 2024: $39.4B
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, Q4 2024

Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q3 2024.

Institutions holding PAYX in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc31,521,025$4.42B0.08%+174,817+0.6%Added
Capital International Investors26,905,031$3.77B0.71%+166,155+0.6%Added
BlackRock, Inc.26,799,179$3.76B0.08%−143,473−0.5%Reduced
State Street Corp13,612,265$1.91B0.08%+382,029+2.9%Added
Charles Schwab Investment Management Inc10,044,631$1.41B0.26%+519,761+5.5%Added
Geode Capital Management, LLC9,541,034$1.34B0.10%+126,962+1.3%Added
Bank of New York Mellon Corp9,465,080$1.33B0.25%−1,116,794−10.6%Reduced
Wells Fargo & Company9,379,731$1.32B0.32%−195,724−2.0%Reduced
Morgan Stanley7,507,235$1.05B0.07%+2,513,087+50.3%Added
Bank of America Corp5,370,333$753.0M0.07%−318,437−5.6%Reduced
Northern Trust Corp4,807,554$674.1M0.10%+694,651+16.9%Added
Invesco Ltd.4,104,626$575.6M0.11%+208,130+5.3%Added
UBS Group AG3,169,816$444.5M0.10%+1,243,082+64.5%Added
UBS Asset Management Americas Inc3,130,781$439.0M0.10%+401,552+14.7%Added
Capital World Investors2,755,438$386.4M0.06%00.0%Unchanged
Goldman Sachs Group Inc2,711,939$380.3M0.07%−213,918−7.3%Reduced
Dimensional Fund Advisors LP2,683,141$376.2M0.09%+105,133+4.1%Added
FIL Ltd2,571,108$360.5M0.34%−244,289−8.7%Reduced
Legal & General Group Plc2,533,618$355.3M0.09%−44,072−1.7%Reduced
Envestnet Asset Management Inc2,299,297$322.4M0.10%+56,622+2.5%Added
Ameriprise Financial Inc2,143,924$301.0M0.08%−156,721−6.8%Reduced
First Trust Advisors LP1,993,572$279.5M0.25%−108,272−5.2%Reduced
TD Asset Management Inc1,974,289$276.8M0.24%−149,845−7.1%Reduced
Epoch Investment Partners, Inc.1,875,661$263.0M1.27%+48,788+2.7%Added
Royal Bank of Canada1,808,944$253.6M0.05%−43,475−2.3%Reduced
Select Equity Group, L.P.1,755,940$246.2M1.00%+130,349+8.0%Added
Bahl & Gaynor Inc1,675,304$234.9M1.24%−28,742−1.7%Reduced
Guinness Asset Management LTD1,649,758$231.3M4.35%+82,091+5.2%Added
London Co of Virginia1,647,917$231.1M1.26%−99,926−5.7%Reduced
Federated Hermes, Inc.1,554,288$217.9M0.48%−113,258−6.8%Reduced
Amundi1,534,145$215.2M0.07%+672,010+77.9%Added
Capital Research Global Investors1,519,430$213.1M0.04%+460,295+43.5%Added
California Public Employees Retirement System1,458,050$204.4M0.14%−30,308−2.0%Reduced
JPMorgan Chase & Co1,437,691$201.6M0.02%−2,402,159−62.6%Reduced
Schroder Investment Management Group1,355,713$189.7M0.18%+628,912+86.5%Added
Raymond James Financial Inc1,313,767$184.2M0.07%+1,313,767New
Hamlin Capital Management, LLC1,252,411$175.6M4.35%+98,881+8.6%Added
Deutsche Bank AG1,214,754$170.3M0.07%+124,016+11.4%Added
BNP Paribas Arbitrage, SA1,206,278$169.1M0.13%+191,033+18.8%Added
Confluence Investment Management LLC1,102,254$154.6M2.14%−18,274−1.6%Reduced
HSBC Holdings PLC1,011,435$141.9M0.09%−17,189−1.7%Reduced
Baird Financial Group, Inc.931,758$130.7M0.25%−885−0.1%Reduced
CI Private Wealth, LLC927,590$130.1M0.22%+479,488+107.0%Added
Swiss National Bank915,000$128.3M0.09%−47,000−4.9%Reduced
McDonald Capital Investors Inc911,646$127.8M8.03%−10,758−1.2%Reduced
Barclays PLC881,867$123.7M0.06%−866,618−49.6%Reduced
Nuveen Asset Management, LLC861,191$120.8M0.03%−13,634−1.6%Reduced
Sumitomo Mitsui Trust Holdings, Inc.838,857$117.6M0.08%+6,890+0.8%Added
Healthcare of Ontario Pension Plan Trust Fund837,913$117.5M0.25%+509,527+155.2%Added
Stifel Financial Corp821,299$115.2M0.12%+17,523+2.2%Added
Franklin Resources Inc806,956$113.2M0.03%−190,974−19.1%Reduced
LPL Financial LLC795,866$111.6M0.05%+66,633+9.1%Added
Nordea Investment Management AB792,212$111.3M0.12%−641,784−44.8%Reduced
FMR LLC780,604$109.5M0.01%+30,085+4.0%Added
Mawer Investment Management Ltd.768,516$107.8M0.49%−29,983−3.8%Reduced
Price T Rowe Associates Inc735,928$103.2M0.01%+14,931+2.1%Added
Troy Asset Management Ltd735,298$103.1M3.40%−180,332−19.7%Reduced
The PNC Financial Services Group, Inc.711,010$99.7M0.07%+16,088+2.3%Added
Great West Life Assurance Co662,722$92.9M0.16%+165,982+33.4%Added
Bank of Montreal662,210$92.9M0.05%+28,376+4.5%Added
Rhumbline Advisers644,877$90.4M0.08%−9,223−1.4%Reduced
Swiss Life Asset Management Ltd603,895$84.7M0.62%+340,250+129.1%Added
Nomura Asset Management Co Ltd581,529$81.5M0.25%+23,359+4.2%Added
Neuberger Berman Group LLC559,221$78.4M0.06%+145,567+35.2%Added
Norges Bank557,800$78.2M0.01%−348,805−38.5%Reduced
Alliancebernstein L.P.553,097$77.6M0.03%−478,987−46.4%Reduced
Miller Howard Investments Inc551,732$77.4M2.54%−7,631−1.4%Reduced
Citigroup Inc546,140$76.6M0.07%−17,884−3.2%Reduced
California State Teachers Retirement System543,905$76.3M0.09%−23,107−4.1%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.535,059$74.7M0.07%+37,228+7.5%Added
DekaBank Deutsche Girozentrale494,586$69.2M0.13%00.0%Unchanged
Mariner, LLC486,613$68.2M0.11%+8,780+1.8%Added
ProShare Advisors LLC456,851$64.1M0.15%+76,410+20.1%Added
Wedge Capital Management L L P455,883$63.9M1.15%+11,578+2.6%Added
National Pension Service432,113$60.6M0.06%−255,976−37.2%Reduced
Old Republic International Corporation428,600$60.1M2.37%00.0%Unchanged
Victory Capital Management Inc424,189$59.5M0.06%−186,658−30.6%Reduced
Donaldson Capital Management, LLC422,634$59.3M2.26%+5,358+1.3%Added
Principal Financial Group Inc420,119$58.9M0.03%−4,041−1.0%Reduced
Fenimore Asset Management Inc419,387$58.8M1.24%+945+0.2%Added
Welch Group, LLC403,801$56.5M2.55%−756−0.2%Reduced
Welch & Forbes LLC384,634$53.9M0.69%−2,524−0.7%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.384,170$53.9M0.13%+12,343+3.3%Added
Grandfield & Dodd, LLC382,434$53.6M3.31%+463+0.1%Added
Cerity Partners LLC355,338$49.7M0.11%−4,508−1.3%Reduced
Mirae Asset Global Investments Co., Ltd.347,163$49.0M0.20%+49,537+16.6%Added
GW&K Investment Management, LLC342,718$48.1M0.41%−7,558−2.2%Reduced
Assenagon Asset Management S.A.330,844$46.4M0.08%+317,634+2,404.5%Added
BI Asset Management Fondsmaeglerselskab A/S329,635$46.2M0.49%+53,302+19.3%Added
APG Asset Management N.V.341,153$46.2M0.13%+186,390+120.4%Added
Fort Washington Investment Advisors Inc327,525$45.9M0.27%+48,965+17.6%Added
MML Investors Services, LLC327,187$45.9M0.16%−1,893−0.6%Reduced
New York State Common Retirement Fund317,740$44.6M0.06%−16,400−4.9%Reduced
Willis Investment Counsel314,671$44.1M2.89%+1,747+0.6%Added
Macquarie Group Ltd325,874$43.9M0.05%−4,986−1.5%Reduced
State Board of Administration of Florida Retirement System309,019$43.3M0.08%−16,074−4.9%Reduced
New York State Teachers Retirement System293,674$41.2M0.09%−5,847−2.0%Reduced
Mirae Asset Global ETFs Holdings Ltd.288,890$40.5M0.09%+6,656+2.4%Added
Capital Advisors Inc275,700$38.7M0.77%+2,707+1.0%Added
National Bank of Canada272,810$38.3M0.05%+14,071+5.4%Added