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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, Q2 2025

Institutional positions in Paychex Inc as of Jun 30, 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
1,675
−6 vs. Q1 2025
Shares held
280.5M
+866.5K (+0.3%) vs. Q1 2025
Total value
$40.7B
−$2.45B (−5.7%) vs. Q1 2025
New holders
114
600 more added
Sold out
120
618 more reduced

23 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 1,675 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 heldQ2 2025: $40.7B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q1 2025.

Institutions holding PAYX in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc32,215,957$4.69B0.08%+408,114+1.3%Added
BlackRock, Inc.27,369,482$3.98B0.08%+239,101+0.9%Added
Capital International Investors22,514,178$3.27B0.56%−3,145,337−12.3%Reduced
State Street Corp14,066,067$2.05B0.08%+355,294+2.6%Added
Charles Schwab Investment Management Inc11,033,312$1.60B0.28%+251,139+2.3%Added
Geode Capital Management, LLC10,183,871$1.48B0.10%+274,947+2.8%Added
Wells Fargo & Company8,972,130$1.31B0.29%−365,031−3.9%Reduced
Bank of New York Mellon Corp8,692,386$1.26B0.24%−378,162−4.2%Reduced
Bank of America Corp5,804,606$844.3M0.07%−70,753−1.2%Reduced
Northern Trust Corp4,932,209$717.4M0.10%−56,973−1.1%Reduced
Morgan Stanley4,713,053$685.6M0.04%−1,262,984−21.1%Reduced
Invesco Ltd.4,384,846$637.8M0.11%+249,550+6.0%Added
Select Equity Group, L.P.4,051,413$589.3M2.51%+557,101+15.9%Added
UBS Asset Management Americas Inc3,803,862$553.3M0.11%+477,333+14.3%Added
UBS Group AG2,834,658$412.3M0.09%−514,707−15.4%Reduced
Dimensional Fund Advisors LP2,774,070$403.5M0.09%−11,633−0.4%Reduced
Goldman Sachs Group Inc2,635,119$383.3M0.06%−206,730−7.3%Reduced
Legal & General Group Plc2,571,584$374.1M0.09%+30,747+1.2%Added
JPMorgan Chase & Co2,542,901$369.9M0.03%+574,337+29.2%Added
Ameriprise Financial Inc2,280,715$330.9M0.08%+17,869+0.8%Added
Norges Bank2,077,847$302.2M0.04%+1,971,693+1,857.4%Added
Envestnet Asset Management Inc1,949,213$283.5M0.08%−102,997−5.0%Reduced
Royal Bank of Canada1,932,062$281.0M0.05%+443,353+29.8%Added
First Trust Advisors LP1,859,478$270.5M0.22%+92,179+5.2%Added
Bahl & Gaynor Inc1,804,182$262.4M1.33%+48,740+2.8%Added
FIL Ltd1,684,139$245.0M0.21%−334,173−16.6%Reduced
Epoch Investment Partners, Inc.1,635,964$238.0M1.23%−205,168−11.1%Reduced
TD Asset Management Inc1,631,922$237.4M0.20%−302,415−15.6%Reduced
Guinness Asset Management LTD1,630,507$237.1M4.24%+23,781+1.5%Added
London Co of Virginia1,546,258$224.9M1.27%−43,261−2.7%Reduced
Capital Research Global Investors1,519,439$221.0M0.04%+90.0%Added
Capital World Investors1,490,014$216.7M0.03%−60,500−3.9%Reduced
Amundi1,363,266$199.0M0.07%+332,499+32.3%Added
Barclays PLC1,344,429$195.6M0.08%+408,701+43.7%Added
Hamlin Capital Management, LLC1,285,666$187.0M4.33%+13,698+1.1%Added
Neuberger Berman Group LLC1,264,282$183.9M0.14%+47,190+3.9%Added
California Public Employees Retirement System1,226,661$178.4M0.11%−215,044−14.9%Reduced
Schroder Investment Management Group1,108,461$161.2M0.14%−507,989−31.4%Reduced
Deutsche Bank AG1,088,074$158.3M0.06%−73,617−6.3%Reduced
Raymond James Financial Inc1,084,493$157.8M0.05%−152,441−12.3%Reduced
Marshall Wace, LLP1,078,328$156.9M0.19%+692,533+179.5%Added
Confluence Investment Management LLC1,044,626$152.0M2.15%−20,832−2.0%Reduced
Swiss National Bank981,300$142.7M0.09%+67,400+7.4%Added
FMR LLC898,889$130.8M0.01%+60,026+7.2%Added
Nuveen, LLC896,208$130.4M0.04%+26,412+3.0%Added
Sumitomo Mitsui Trust Holdings, Inc.892,527$129.8M0.08%+7,121+0.8%Added
McDonald Capital Investors Inc874,466$127.2M7.98%−25,010−2.8%Reduced
Healthcare of Ontario Pension Plan Trust Fund858,665$124.9M0.25%−35,664−4.0%Reduced
Citigroup Inc846,257$123.1M0.09%+204,251+31.8%Added
Baird Financial Group, Inc.834,655$121.4M0.21%−23,010−2.7%Reduced
Nordea Investment Management AB846,180$121.3M0.11%+110,766+15.1%Added
CI Private Wealth, LLC823,580$119.8M0.17%−37,125−4.3%Reduced
Franklin Resources Inc822,873$119.7M0.03%+46,326+6.0%Added
HSBC Holdings PLC799,890$116.1M0.07%−216,789−21.3%Reduced
Stifel Financial Corp794,374$115.6M0.11%−43,473−5.2%Reduced
Price T Rowe Associates Inc757,681$110.2M0.01%+4,231+0.6%Added
LPL Financial LLC727,468$105.8M0.04%−93,890−11.4%Reduced
Rhumbline Advisers714,660$104.0M0.09%−3,123−0.4%Reduced
The PNC Financial Services Group, Inc.707,764$103.0M0.07%−4,260−0.6%Reduced
Great West Life Assurance Co692,888$101.0M0.16%−6,161−0.9%Reduced
Swiss Life Asset Management Ltd658,380$95.8M0.56%+37,767+6.1%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.645,580$93.9M0.07%+36,670+6.0%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.641,928$93.4M0.23%+181,550+39.4%Added
Troy Asset Management Ltd618,451$90.0M2.46%00.0%Unchanged
ProShare Advisors LLC547,645$79.7M0.16%+27,353+5.3%Added
Miller Howard Investments Inc544,447$79.2M2.51%+1,034+0.2%Added
California State Teachers Retirement System534,548$77.8M0.09%−5,626−1.0%Reduced
Mariner, LLC494,663$72.0M0.10%+5,904+1.2%Added
Bank of Montreal492,382$71.6M0.04%−84,454−14.6%Reduced
DekaBank Deutsche Girozentrale494,586$71.4M0.13%−4,751−1.0%Reduced
National Pension Service476,082$69.3M0.06%+3,674+0.8%Added
BNP Paribas Arbitrage, SA468,824$68.2M0.05%−428,783−47.8%Reduced
Alliancebernstein L.P.464,635$67.6M0.02%−4,841−1.0%Reduced
Mirae Asset Global Investments Co., Ltd.434,739$63.2M0.22%+40,632+10.3%Added
Donaldson Capital Management, LLC429,657$62.5M2.29%+1,791+0.4%Added
Old Republic International Corporation423,100$61.5M2.41%00.0%Unchanged
Fenimore Asset Management Inc422,697$61.5M1.23%+5,268+1.3%Added
Balyasny Asset Management LLC421,413$61.3M0.14%+421,413New
Nomura Asset Management Co Ltd417,653$60.8M0.17%−173,975−29.4%Reduced
Mawer Investment Management Ltd.407,696$59.3M0.30%−183,784−31.1%Reduced
Principal Financial Group Inc406,797$59.2M0.03%−23,316−5.4%Reduced
Welch Group, LLC398,493$58.0M2.42%+840.0%Added
Wedge Capital Management L L P396,897$57.7M1.03%+27,763+7.5%Added
National Bank of Canada377,445$54.9M0.06%+23,133+6.5%Added
Grandfield & Dodd, LLC375,588$54.6M3.20%−3,969−1.0%Reduced
Welch & Forbes LLC373,828$54.4M0.68%−4,883−1.3%Reduced
Capital Group Private Client Services, Inc.361,522$52.6M0.46%−3,334−0.9%Reduced
Cerity Partners LLC353,702$51.4M0.09%−3,092−0.9%Reduced
Wiley Bros.-Aintree Capital, LLC348,245$50.7M0.39%+67,979+24.3%Added
MML Investors Services, LLC340,809$49.6M0.14%+7,222+2.2%Added
BI Asset Management Fondsmaeglerselskab A/S340,135$47.9M0.47%−82,278−19.5%Reduced
Fort Washington Investment Advisors Inc327,739$47.7M0.27%−15,905−4.6%Reduced
Adage Capital Partners GP, L.L.C.323,646$47.1M0.08%−43,800−11.9%Reduced
Willis Investment Counsel321,073$46.7M2.73%+36,275+12.7%Added
Baillie Gifford & Co318,223$46.3M0.03%+138,666+77.2%Added
State Board of Administration of Florida Retirement System314,729$45.8M0.08%+4,210+1.4%Added
GW&K Investment Management, LLC312,638$45.5M0.41%−31,982−9.3%Reduced
Pictet Asset Management Holding SA311,934$45.4M0.05%+31,437+11.2%Added
Woodline Partners LP309,178$45.0M0.24%+287,575+1,331.2%Added
Victory Capital Management Inc306,564$44.6M0.03%−12,305−3.9%Reduced