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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
Flputnam Investment Management Co131,887$19.2M0.33%−1,829−1.4%Reduced
Oribel Capital Management, LP132,300$19.2M1.02%−19,200−12.7%Reduced
Susquehanna International Group, LLP134,292$19.5M0.03%+91,982+217.4%Added
Asset Advisors Investment Management, LLC138,572$20.2M1.99%−275−0.2%Reduced
Van Cleef Asset Management,Inc143,272$20.8M2.24%−876−0.6%Reduced
Asset Management One Co.,Ltd.145,268$21.1M0.07%+225+0.2%Added
Boston Trust Walden Corp146,957$21.4M0.15%−2,279−1.5%Reduced
KLP Kapitalforvaltning AS147,679$21.5M0.09%+5,100+3.6%Added
BLI - Banque de Luxembourg Investments150,600$21.7M0.62%+21,800+16.9%Added
Cetera Investment Advisers149,707$21.8M0.04%+5,551+3.9%Added
Markel Group Inc.SuperinvestorMarkel Group150,000$21.8M0.18%00.0%Unchanged
Toronto Dominion Bank151,332$22.0M0.05%+24,285+19.1%Added
ExodusPoint Capital Management, LP153,320$22.3M0.27%+153,320New
SEI Investments Co156,680$22.8M0.03%+44,932+40.2%Added
Achmea Investment Management B.V.157,058$22.8M0.29%−7,984−4.8%Reduced
Disciplined Growth Investors Inc158,082$23.0M0.44%−3,717−2.3%Reduced
Sanibel Captiva Trust Company, Inc.158,128$23.0M0.71%−6,646−4.0%Reduced
Natixis Advisors, L.P.158,804$23.1M0.04%+22,237+16.3%Added
Godsey & Gibb Associates159,027$23.1M2.16%+3,509+2.3%Added
Rathbone Brothers plc160,279$23.3M0.10%+6,416+4.2%Added
O'Shaughnessy Asset Management, LLC160,946$23.4M0.16%+17,677+12.3%Added
Alley Investment Management Company, LLC161,480$23.5M2.84%−528−0.3%Reduced
Blair William & Co161,864$23.5M0.07%+8,486+5.5%Added
Gateway Investment Advisers LLC162,213$23.6M0.26%−86−0.1%Reduced
Korea Investment CORP163,709$23.8M0.05%−30,928−15.9%Reduced
HighTower Advisors, LLC164,850$24.0M0.03%−6,022−3.5%Reduced
Danske Bank A/S167,821$24.4M0.06%+6,170+3.8%Added
SG Americas Securities, LLC173,546$25.2M0.11%+162,577+1,482.1%Added
CIBC Asset Management Inc175,161$25.5M0.08%+458+0.3%Added
State of Wisconsin Investment Board175,978$25.6M0.06%−8,306−4.5%Reduced
Harvey Investment Co LLC180,221$26.2M2.88%−920−0.5%Reduced
Investment House LLC181,435$26.4M1.33%−516−0.3%Reduced
Truist Financial Corp181,913$26.5M0.04%−25,539−12.3%Reduced
Schaper Benz & Wise Investment Counsel Inc183,859$26.7M2.05%−10,191−5.3%Reduced
US Bancorp187,546$27.3M0.03%−19,660−9.5%Reduced
Toroso Investments, LLC187,615$27.3M0.18%+156,708+507.0%Added
AQR Capital Management LLC193,333$27.8M0.02%−11,581−5.7%Reduced
Treasurer of the State of North Carolina192,998$28.1M0.09%+30,945+19.1%Added
RWC Asset Management LLP193,251$28.1M1.48%−10,516−5.2%Reduced
Mitsubishi UFJ Trust & Banking Corp195,450$28.4M0.07%−13,277−6.4%Reduced
Swedbank AB199,106$29.0M0.03%+199,106New
Alps Advisors Inc199,450$29.0M0.17%−13,224−6.2%Reduced
Prudential Financial Inc199,714$29.1M0.04%+26,947+15.6%Added
Clarkston Capital Partners, LLC204,137$29.7M0.63%−4,873−2.3%Reduced
Manufacturers Life Insurance Company, The204,792$29.8M0.03%−31,201−13.2%Reduced
Windsor Advisory Group, LLC206,264$30.0M42.58%00.0%Unchanged
AXA S.A.207,388$30.2M0.09%−87,111−29.6%Reduced
Capital International Inc208,323$30.3M0.29%+35,059+20.2%Added
Conning Inc.215,073$31.3M1.07%−16,779−7.2%Reduced
Chevy Chase Trust Holdings, Inc.220,504$32.1M0.09%−6,466−2.8%Reduced
Royal London Asset Management Ltd222,423$32.4M0.07%−2,831−1.3%Reduced
Glenmede Investment Management, LP223,293$32.5M0.16%+223,293New
Pacer Advisors, Inc.224,209$32.6M0.08%+92,770+70.6%Added
Aware Super Pty Ltd as trustee of Aware Super226,798$33.0M0.48%00.0%Unchanged
Hancock Whitney Corp232,637$33.8M0.65%+217,606+1,447.7%Added
New York State Common Retirement Fund232,765$33.9M0.05%+700+0.3%Added
Storebrand Asset Management AS238,568$34.7M0.10%−1,921−0.8%Reduced
Aviva PLC245,406$35.7M0.07%+14,946+6.5%Added
Parthenon LLC249,905$36.4M4.16%−5,015−2.0%Reduced
Standard Life Aberdeen plc255,076$36.7M0.06%+24,820+10.8%Added
Janney Montgomery Scott LLC258,832$37.6M0.10%+37,732+17.1%Added
Wealth Enhancement Advisory Services, LLC260,506$38.3M0.06%+141,215+118.4%Added
Commonwealth Equity Services, LLC269,037$39.1M0.05%+5,545+2.1%Added
Skandinaviska Enskilda Banken AB (publ)269,328$39.2M0.17%−2,444−0.9%Reduced
Canada Pension Plan Investment Board270,482$39.3M0.03%+43,363+19.1%Added
APG Asset Management N.V.317,891$39.4M0.12%+5,131+1.6%Added
Assenagon Asset Management S.A.271,327$39.5M0.06%+117,910+76.9%Added
Universal- Beteiligungs- und Servicegesellschaft mbH272,539$39.6M0.07%+10,894+4.2%Added
Mirae Asset Global ETFs Holdings Ltd.274,489$39.9M0.08%−26,708−8.9%Reduced
Capital Advisors Inc277,864$40.4M0.73%+866+0.3%Added
Zurcher Kantonalbank (Zurich Cantonalbank)279,024$40.6M0.10%+25,017+9.8%Added
Russell Investments Group, Ltd.283,467$41.2M0.05%+16,454+6.2%Added
New York State Teachers Retirement System287,218$41.8M0.09%−2,058−0.7%Reduced
Macquarie Group Ltd287,937$41.9M0.05%−9,371−3.2%Reduced
Jacobs Levy Equity Management, Inc292,645$42.6M0.17%−39,535−11.9%Reduced
Victory Capital Management Inc306,564$44.6M0.03%−12,305−3.9%Reduced
Woodline Partners LP309,178$45.0M0.24%+287,575+1,331.2%Added
Pictet Asset Management Holding SA311,934$45.4M0.05%+31,437+11.2%Added
GW&K Investment Management, LLC312,638$45.5M0.41%−31,982−9.3%Reduced
State Board of Administration of Florida Retirement System314,729$45.8M0.08%+4,210+1.4%Added
Baillie Gifford & Co318,223$46.3M0.03%+138,666+77.2%Added
Willis Investment Counsel321,073$46.7M2.73%+36,275+12.7%Added
Adage Capital Partners GP, L.L.C.323,646$47.1M0.08%−43,800−11.9%Reduced
Fort Washington Investment Advisors Inc327,739$47.7M0.27%−15,905−4.6%Reduced
BI Asset Management Fondsmaeglerselskab A/S340,135$47.9M0.47%−82,278−19.5%Reduced
MML Investors Services, LLC340,809$49.6M0.14%+7,222+2.2%Added
Wiley Bros.-Aintree Capital, LLC348,245$50.7M0.39%+67,979+24.3%Added
Cerity Partners LLC353,702$51.4M0.09%−3,092−0.9%Reduced
Capital Group Private Client Services, Inc.361,522$52.6M0.46%−3,334−0.9%Reduced
Welch & Forbes LLC373,828$54.4M0.68%−4,883−1.3%Reduced
Grandfield & Dodd, LLC375,588$54.6M3.20%−3,969−1.0%Reduced
National Bank of Canada377,445$54.9M0.06%+23,133+6.5%Added
Wedge Capital Management L L P396,897$57.7M1.03%+27,763+7.5%Added
Welch Group, LLC398,493$58.0M2.42%+840.0%Added
Principal Financial Group Inc406,797$59.2M0.03%−23,316−5.4%Reduced
Mawer Investment Management Ltd.407,696$59.3M0.30%−183,784−31.1%Reduced
Nomura Asset Management Co Ltd417,653$60.8M0.17%−173,975−29.4%Reduced
Balyasny Asset Management LLC421,413$61.3M0.14%+421,413New
Fenimore Asset Management Inc422,697$61.5M1.23%+5,268+1.3%Added
Old Republic International Corporation423,100$61.5M2.41%00.0%Unchanged