Skip to main content

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
Adage Capital Partners GP, L.L.C.174,246$24.4M0.04%−77,900−30.9%Reduced
State of Wisconsin Investment Board180,486$25.3M0.07%−18,559−9.3%Reduced
Investment House LLC181,007$25.4M1.38%−443−0.2%Reduced
Baillie Gifford & Co181,359$25.4M0.02%+181,359New
Harvey Investment Co LLC182,526$25.6M2.96%+100+0.1%Added
BLI - Banque de Luxembourg Investments182,900$25.6M0.70%+182,900New
Truist Financial Corp187,455$26.3M0.04%−14,498−7.2%Reduced
Schaper Benz & Wise Investment Counsel Inc193,250$27.1M2.17%−2,561−1.3%Reduced
Danske Bank A/S196,183$27.5M0.08%−44,618−18.5%Reduced
Royal London Asset Management Ltd197,019$27.6M0.07%+9,356+5.0%Added
Aviva PLC199,175$27.9M0.07%+101,177+103.2%Added
Zurcher Kantonalbank (Zurich Cantonalbank)200,650$28.1M0.08%+51,470+34.5%Added
Mitsubishi UFJ Trust & Banking Corp201,855$28.3M0.07%−6,609−3.2%Reduced
Treasurer of the State of North Carolina205,198$28.8M0.11%+64,640+46.0%Added
Windsor Advisory Group, LLC206,010$28.9M33.59%+403+0.2%Added
Clarkston Capital Partners, LLC207,401$29.1M0.56%+178+0.1%Added
RWC Asset Management LLP213,103$29.9M1.50%+8,812+4.3%Added
US Bancorp216,727$30.4M0.04%−4,809−2.2%Reduced
Alps Advisors Inc218,817$30.7M0.19%+171,820+365.6%Added
Janney Montgomery Scott LLC222,045$31.1M0.09%−114,379−34.0%Reduced
Storebrand Asset Management AS224,095$31.4M0.10%−48,438−17.8%Reduced
Aware Super Pty Ltd as trustee of Aware Super226,798$31.8M0.51%+226,798New
Chevy Chase Trust Holdings, Inc.227,159$31.9M0.10%−4,580−2.0%Reduced
Citadel Advisors LLC229,115$32.1M0.03%+201,232+721.7%Added
Sabal Trust CO229,786$32.2M1.86%−6,019−2.6%Reduced
Glenmede Trust Co NA232,549$32.6M0.17%−16,776−6.7%Reduced
Holocene Advisors, LP234,000$32.8M0.11%+234,000New
Prana Capital Management, LP237,413$33.3M1.59%+237,413New
Universal- Beteiligungs- und Servicegesellschaft mbH237,813$33.3M0.07%+237,813New
Manufacturers Life Insurance Company, The239,085$33.5M0.03%−2,612−1.1%Reduced
Pictet Asset Management Holding SA241,764$33.9M0.04%+61,123+33.8%Added
AQR Capital Management LLC243,574$34.2M0.04%+15,221+6.7%Added
Wiley Bros.-Aintree Capital, LLC244,624$34.2M0.41%+100,569+69.8%Added
Unigestion Holding SA250,902$35.2M2.03%−44,790−15.1%Reduced
Parthenon LLC258,275$36.2M4.38%−920−0.4%Reduced
Conning Inc.260,200$36.5M1.28%−21,637−7.7%Reduced
Commonwealth Equity Services, LLC261,638$36.7M0.05%+9,132+3.6%Added
Skandinaviska Enskilda Banken AB (publ)263,975$36.9M0.17%−78,794−23.0%Reduced
Russell Investments Group, Ltd.265,727$37.3M0.05%−25,803−8.9%Reduced
National Bank of Canada272,810$38.3M0.05%+14,071+5.4%Added
Capital Advisors Inc275,700$38.7M0.77%+2,707+1.0%Added
Mirae Asset Global ETFs Holdings Ltd.288,890$40.5M0.09%+6,656+2.4%Added
New York State Teachers Retirement System293,674$41.2M0.09%−5,847−2.0%Reduced
State Board of Administration of Florida Retirement System309,019$43.3M0.08%−16,074−4.9%Reduced
Macquarie Group Ltd325,874$43.9M0.05%−4,986−1.5%Reduced
Willis Investment Counsel314,671$44.1M2.89%+1,747+0.6%Added
New York State Common Retirement Fund317,740$44.6M0.06%−16,400−4.9%Reduced
MML Investors Services, LLC327,187$45.9M0.16%−1,893−0.6%Reduced
Fort Washington Investment Advisors Inc327,525$45.9M0.27%+48,965+17.6%Added
APG Asset Management N.V.341,153$46.2M0.13%+186,390+120.4%Added
BI Asset Management Fondsmaeglerselskab A/S329,635$46.2M0.49%+53,302+19.3%Added
Assenagon Asset Management S.A.330,844$46.4M0.08%+317,634+2,404.5%Added
GW&K Investment Management, LLC342,718$48.1M0.41%−7,558−2.2%Reduced
Mirae Asset Global Investments Co., Ltd.347,163$49.0M0.20%+49,537+16.6%Added
Cerity Partners LLC355,338$49.7M0.11%−4,508−1.3%Reduced
Grandfield & Dodd, LLC382,434$53.6M3.31%+463+0.1%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.384,170$53.9M0.13%+12,343+3.3%Added
Welch & Forbes LLC384,634$53.9M0.69%−2,524−0.7%Reduced
Welch Group, LLC403,801$56.5M2.55%−756−0.2%Reduced
Fenimore Asset Management Inc419,387$58.8M1.24%+945+0.2%Added
Principal Financial Group Inc420,119$58.9M0.03%−4,041−1.0%Reduced
Donaldson Capital Management, LLC422,634$59.3M2.26%+5,358+1.3%Added
Victory Capital Management Inc424,189$59.5M0.06%−186,658−30.6%Reduced
Old Republic International Corporation428,600$60.1M2.37%00.0%Unchanged
National Pension Service432,113$60.6M0.06%−255,976−37.2%Reduced
Wedge Capital Management L L P455,883$63.9M1.15%+11,578+2.6%Added
ProShare Advisors LLC456,851$64.1M0.15%+76,410+20.1%Added
Mariner, LLC486,613$68.2M0.11%+8,780+1.8%Added
DekaBank Deutsche Girozentrale494,586$69.2M0.13%00.0%Unchanged
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.535,059$74.7M0.07%+37,228+7.5%Added
California State Teachers Retirement System543,905$76.3M0.09%−23,107−4.1%Reduced
Citigroup Inc546,140$76.6M0.07%−17,884−3.2%Reduced
Miller Howard Investments Inc551,732$77.4M2.54%−7,631−1.4%Reduced
Alliancebernstein L.P.553,097$77.6M0.03%−478,987−46.4%Reduced
Norges Bank557,800$78.2M0.01%−348,805−38.5%Reduced
Neuberger Berman Group LLC559,221$78.4M0.06%+145,567+35.2%Added
Nomura Asset Management Co Ltd581,529$81.5M0.25%+23,359+4.2%Added
Swiss Life Asset Management Ltd603,895$84.7M0.62%+340,250+129.1%Added
Rhumbline Advisers644,877$90.4M0.08%−9,223−1.4%Reduced
Bank of Montreal662,210$92.9M0.05%+28,376+4.5%Added
Great West Life Assurance Co662,722$92.9M0.16%+165,982+33.4%Added
The PNC Financial Services Group, Inc.711,010$99.7M0.07%+16,088+2.3%Added
Troy Asset Management Ltd735,298$103.1M3.40%−180,332−19.7%Reduced
Price T Rowe Associates Inc735,928$103.2M0.01%+14,931+2.1%Added
Mawer Investment Management Ltd.768,516$107.8M0.49%−29,983−3.8%Reduced
FMR LLC780,604$109.5M0.01%+30,085+4.0%Added
Nordea Investment Management AB792,212$111.3M0.12%−641,784−44.8%Reduced
LPL Financial LLC795,866$111.6M0.05%+66,633+9.1%Added
Franklin Resources Inc806,956$113.2M0.03%−190,974−19.1%Reduced
Stifel Financial Corp821,299$115.2M0.12%+17,523+2.2%Added
Healthcare of Ontario Pension Plan Trust Fund837,913$117.5M0.25%+509,527+155.2%Added
Sumitomo Mitsui Trust Holdings, Inc.838,857$117.6M0.08%+6,890+0.8%Added
Nuveen Asset Management, LLC861,191$120.8M0.03%−13,634−1.6%Reduced
Barclays PLC881,867$123.7M0.06%−866,618−49.6%Reduced
McDonald Capital Investors Inc911,646$127.8M8.03%−10,758−1.2%Reduced
Swiss National Bank915,000$128.3M0.09%−47,000−4.9%Reduced
CI Private Wealth, LLC927,590$130.1M0.22%+479,488+107.0%Added
Baird Financial Group, Inc.931,758$130.7M0.25%−885−0.1%Reduced
HSBC Holdings PLC1,011,435$141.9M0.09%−17,189−1.7%Reduced
Confluence Investment Management LLC1,102,254$154.6M2.14%−18,274−1.6%Reduced