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, Q1 2025
Institutional positions in Paychex Inc as of Mar 31, 2025. 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
- 1,704
- +93 vs. Q4 2024
- Shares held
- 280.8M
- +1.26M (+0.4%) vs. Q4 2024
- Total value
- $43.3B
- +$4.10B (+10.5%) vs. Q4 2024
- New holders
- 163
- 582 more added
- Sold out
- 70
- 642 more reduced
28 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,535 | $29.1B |
| Q1 2026 | 1,515 | $27.2B |
| Q4 2025 | 1,591 | $33.1B |
| Q3 2025 | 1,620 | $34.8B |
| Q2 2025 | 1,675 | $40.7B |
| Q1 2025 | 1,704 | $43.3B |
| Q4 2024 | 1,639 | $39.4B |
| Q3 2024 | 1,546 | $37.1B |
| Q2 2024 | 1,519 | $32.4B |
| Q1 2024 | 1,531 | $33.1B |
| Q4 2023 | 1,511 | $31.5B |
| Q3 2023 | 1,447 | $30.1B |
| Q2 2023 | 1,419 | $29.2B |
| Q1 2023 | 1,434 | $30.2B |
| Q4 2022 | 1,449 | $30.1B |
| Q3 2022 | 1,428 | $28.9B |
| Q2 2022 | 1,412 | $29.4B |
| Q1 2022 | 1,442 | $34.8B |
| Q4 2021 | 1,442 | $34.6B |
| Q3 2021 | 1,286 | $28.6B |
| Q2 2021 | 1,242 | $27.2B |
| Q1 2021 | 1,226 | $24.8B |
Institutions, Q1 2025
Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 31,807,843 | $4.91B | 0.09% | +286,818+0.9% | Added |
| BlackRock, Inc. | 27,130,381 | $4.19B | 0.09% | +331,202+1.2% | Added |
| Capital International Investors | 25,659,515 | $3.96B | 0.78% | −1,245,516−4.6% | Reduced |
| State Street Corp | 13,710,773 | $2.12B | 0.09% | +98,508+0.7% | Added |
| Charles Schwab Investment Management Inc | 10,782,173 | $1.66B | 0.31% | +737,542+7.3% | Added |
| Geode Capital Management, LLC | 9,908,924 | $1.53B | 0.12% | +367,890+3.9% | Added |
| Wells Fargo & Company | 9,337,161 | $1.44B | 0.35% | −42,570−0.5% | Reduced |
| Bank of New York Mellon Corp | 9,070,548 | $1.40B | 0.28% | −394,532−4.2% | Reduced |
| Morgan Stanley | 5,976,037 | $922.0M | 0.07% | −1,531,198−20.4% | Reduced |
| Bank of America Corp | 5,875,359 | $906.5M | 0.08% | +505,026+9.4% | Added |
| Northern Trust Corp | 4,989,182 | $769.7M | 0.11% | +181,628+3.8% | Added |
| Invesco Ltd. | 4,135,296 | $638.0M | 0.12% | +30,670+0.7% | Added |
| Select Equity Group, L.P. | 3,494,312 | $539.1M | 2.41% | +1,738,372+99.0% | Added |
| UBS Group AG | 3,349,365 | $516.7M | 0.11% | +179,549+5.7% | Added |
| UBS Asset Management Americas Inc | 3,326,529 | $513.2M | 0.13% | +195,748+6.3% | Added |
| Goldman Sachs Group Inc | 2,841,849 | $438.4M | 0.08% | +129,910+4.8% | Added |
| Dimensional Fund Advisors LP | 2,785,703 | $429.7M | 0.11% | +102,562+3.8% | Added |
| Legal & General Group Plc | 2,540,837 | $392.0M | 0.11% | +7,219+0.3% | Added |
| Ameriprise Financial Inc | 2,262,846 | $349.9M | 0.09% | +118,922+5.5% | Added |
| Envestnet Asset Management Inc | 2,052,210 | $316.6M | 0.10% | −247,087−10.7% | Reduced |
| FIL Ltd | 2,018,312 | $311.4M | 0.30% | −552,796−21.5% | Reduced |
| JPMorgan Chase & Co | 1,968,564 | $303.7M | 0.02% | +530,873+36.9% | Added |
| TD Asset Management Inc | 1,934,337 | $298.4M | 0.27% | −39,952−2.0% | Reduced |
| Epoch Investment Partners, Inc. | 1,841,132 | $284.0M | 1.47% | −34,529−1.8% | Reduced |
| First Trust Advisors LP | 1,767,299 | $272.7M | 0.24% | −226,273−11.4% | Reduced |
| Bahl & Gaynor Inc | 1,755,442 | $270.8M | 1.38% | +80,138+4.8% | Added |
| Guinness Asset Management LTD | 1,606,726 | $247.6M | 4.71% | −43,032−2.6% | Reduced |
| London Co of Virginia | 1,589,519 | $245.2M | 1.40% | −58,398−3.5% | Reduced |
| Schroder Investment Management Group | 1,616,450 | $244.1M | 0.25% | +260,737+19.2% | Added |
| Capital World Investors | 1,550,514 | $239.2M | 0.04% | −1,204,924−43.7% | Reduced |
| Capital Research Global Investors | 1,519,430 | $234.4M | 0.05% | 00.0% | Unchanged |
| Royal Bank of Canada | 1,488,709 | $229.7M | 0.05% | −320,235−17.7% | Reduced |
| California Public Employees Retirement System | 1,441,705 | $222.4M | 0.16% | −16,345−1.1% | Reduced |
| Federated Hermes, Inc. | 1,396,038 | $215.4M | 0.46% | −158,250−10.2% | Reduced |
| Hamlin Capital Management, LLC | 1,271,968 | $196.2M | 4.70% | +19,557+1.6% | Added |
| Raymond James Financial Inc | 1,236,934 | $190.8M | 0.07% | −76,833−5.8% | Reduced |
| Neuberger Berman Group LLC | 1,217,092 | $187.5M | 0.16% | +657,871+117.6% | Added |
| Deutsche Bank AG | 1,161,691 | $179.2M | 0.07% | −53,063−4.4% | Reduced |
| Confluence Investment Management LLC | 1,065,458 | $164.4M | 2.37% | −36,796−3.3% | Reduced |
| Amundi | 1,030,767 | $158.3M | 0.06% | −503,378−32.8% | Reduced |
| HSBC Holdings PLC | 1,016,679 | $156.5M | 0.10% | +5,244+0.5% | Added |
| Barclays PLC | 935,728 | $144.4M | 0.07% | +53,861+6.1% | Added |
| Swiss National Bank | 913,900 | $141.0M | 0.10% | −1,100−0.1% | Reduced |
| McDonald Capital Investors Inc | 899,476 | $138.8M | 8.75% | −12,170−1.3% | Reduced |
| BNP Paribas Arbitrage, SA | 897,607 | $138.5M | 0.11% | −308,671−25.6% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 894,329 | $138.0M | 0.31% | +56,416+6.7% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 885,406 | $136.6M | 0.10% | +46,549+5.5% | Added |
| Nuveen, LLC | 869,796 | $134.2M | 0.04% | +869,796 | New |
| CI Private Wealth, LLC | 860,705 | $132.8M | 0.22% | −66,885−7.2% | Reduced |
| Baird Financial Group, Inc. | 857,665 | $132.3M | 0.25% | −74,093−8.0% | Reduced |
| FMR LLC | 838,863 | $129.4M | 0.01% | +58,259+7.5% | Added |
| Stifel Financial Corp | 837,847 | $129.3M | 0.14% | +16,548+2.0% | Added |
| LPL Financial LLC | 821,358 | $126.7M | 0.05% | +25,492+3.2% | Added |
| Franklin Resources Inc | 776,547 | $119.8M | 0.03% | −30,409−3.8% | Reduced |
| Price T Rowe Associates Inc | 753,450 | $116.2M | 0.01% | +17,522+2.4% | Added |
| Nordea Investment Management AB | 735,414 | $112.0M | 0.12% | −56,798−7.2% | Reduced |
| Rhumbline Advisers | 717,783 | $110.7M | 0.10% | +72,906+11.3% | Added |
| The PNC Financial Services Group, Inc. | 712,024 | $109.9M | 0.06% | +1,014+0.1% | Added |
| Great West Life Assurance Co | 699,049 | $108.0M | 0.19% | +36,327+5.5% | Added |
| Citigroup Inc | 642,006 | $99.0M | 0.08% | +95,866+17.6% | Added |
| Swiss Life Asset Management Ltd | 620,613 | $95.7M | 0.70% | +16,718+2.8% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 608,910 | $93.9M | 0.09% | +73,851+13.8% | Added |
| Nomura Asset Management Co Ltd | 591,628 | $91.3M | 0.28% | +10,099+1.7% | Added |
| Mawer Investment Management Ltd. | 591,480 | $91.3M | 0.44% | −177,036−23.0% | Reduced |
| Troy Asset Management Ltd | 618,451 | $90.0M | 2.46% | −116,847−15.9% | Reduced |
| Bank of Montreal | 576,836 | $89.0M | 0.05% | −85,374−12.9% | Reduced |
| Miller Howard Investments Inc | 543,413 | $83.8M | 2.67% | −8,319−1.5% | Reduced |
| California State Teachers Retirement System | 540,174 | $83.3M | 0.10% | −3,731−0.7% | Reduced |
| ProShare Advisors LLC | 520,292 | $80.3M | 0.18% | +63,441+13.9% | Added |
| Mariner, LLC | 488,759 | $75.4M | 0.13% | +2,146+0.4% | Added |
| DekaBank Deutsche Girozentrale | 499,337 | $74.3M | 0.15% | +4,751+1.0% | Added |
| National Pension Service | 472,408 | $72.9M | 0.07% | +40,295+9.3% | Added |
| Alliancebernstein L.P. | 469,476 | $72.4M | 0.03% | −83,621−15.1% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 460,378 | $71.0M | 0.19% | +76,208+19.8% | Added |
| Principal Financial Group Inc | 430,113 | $66.4M | 0.04% | +9,994+2.4% | Added |
| Donaldson Capital Management, LLC | 427,866 | $66.0M | 2.49% | +5,232+1.2% | Added |
| Old Republic International Corporation | 423,100 | $65.3M | 2.54% | −5,500−1.3% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 422,413 | $65.2M | 0.73% | +92,778+28.1% | Added |
| Fenimore Asset Management Inc | 417,429 | $64.4M | 1.36% | −1,958−0.5% | Reduced |
| Welch Group, LLC | 398,409 | $60.2M | 2.65% | −5,392−1.3% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 394,107 | $59.5M | 0.24% | +46,944+13.5% | Added |
| Marshall Wace, LLP | 385,795 | $59.5M | 0.08% | +384,174+23,699.8% | Added |
| Grandfield & Dodd, LLC | 379,557 | $58.6M | 3.63% | −2,877−0.8% | Reduced |
| Welch & Forbes LLC | 378,711 | $58.4M | 0.76% | −5,923−1.5% | Reduced |
| Wedge Capital Management L L P | 369,134 | $56.9M | 1.10% | −86,749−19.0% | Reduced |
| Adage Capital Partners GP, L.L.C. | 367,446 | $56.7M | 0.11% | +193,200+110.9% | Added |
| Capital Group Private Client Services, Inc. | 364,856 | $56.3M | 0.55% | +328,403+900.9% | Added |
| Cerity Partners LLC | 356,794 | $55.0M | 0.11% | +1,456+0.4% | Added |
| National Bank of Canada | 354,312 | $54.7M | 0.06% | +81,502+29.9% | Added |
| GW&K Investment Management, LLC | 344,620 | $53.2M | 0.49% | +1,902+0.6% | Added |
| Fort Washington Investment Advisors Inc | 343,644 | $53.0M | 0.33% | +16,119+4.9% | Added |
| MML Investors Services, LLC | 333,587 | $51.5M | 0.17% | +6,400+2.0% | Added |
| Jacobs Levy Equity Management, Inc | 332,180 | $51.2M | 0.20% | +332,180 | New |
| Victory Capital Management Inc | 318,869 | $49.2M | 0.05% | −105,320−24.8% | Reduced |
| State Board of Administration of Florida Retirement System | 310,519 | $47.9M | 0.10% | +1,500+0.5% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 301,197 | $46.5M | 0.10% | +12,307+4.3% | Added |
| Macquarie Group Ltd | 297,308 | $45.9M | 0.06% | −28,566−8.8% | Reduced |
| AXA S.A. | 294,499 | $45.4M | 0.15% | +120,969+69.7% | Added |
| APG Asset Management N.V. | 312,760 | $44.7M | 0.14% | −28,393−8.3% | Reduced |
| New York State Teachers Retirement System | 289,276 | $44.6M | 0.10% | −4,398−1.5% | Reduced |