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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
Donaldson Capital Management, LLC429,657$62.5M2.29%+1,791+0.4%Added
Mirae Asset Global Investments Co., Ltd.434,739$63.2M0.22%+40,632+10.3%Added
Alliancebernstein L.P.464,635$67.6M0.02%−4,841−1.0%Reduced
BNP Paribas Arbitrage, SA468,824$68.2M0.05%−428,783−47.8%Reduced
National Pension Service476,082$69.3M0.06%+3,674+0.8%Added
DekaBank Deutsche Girozentrale494,586$71.4M0.13%−4,751−1.0%Reduced
Bank of Montreal492,382$71.6M0.04%−84,454−14.6%Reduced
Mariner, LLC494,663$72.0M0.10%+5,904+1.2%Added
California State Teachers Retirement System534,548$77.8M0.09%−5,626−1.0%Reduced
Miller Howard Investments Inc544,447$79.2M2.51%+1,034+0.2%Added
ProShare Advisors LLC547,645$79.7M0.16%+27,353+5.3%Added
Troy Asset Management Ltd618,451$90.0M2.46%00.0%Unchanged
BNP PARIBAS ASSET MANAGEMENT Holding S.A.641,928$93.4M0.23%+181,550+39.4%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.645,580$93.9M0.07%+36,670+6.0%Added
Swiss Life Asset Management Ltd658,380$95.8M0.56%+37,767+6.1%Added
Great West Life Assurance Co692,888$101.0M0.16%−6,161−0.9%Reduced
The PNC Financial Services Group, Inc.707,764$103.0M0.07%−4,260−0.6%Reduced
Rhumbline Advisers714,660$104.0M0.09%−3,123−0.4%Reduced
LPL Financial LLC727,468$105.8M0.04%−93,890−11.4%Reduced
Price T Rowe Associates Inc757,681$110.2M0.01%+4,231+0.6%Added
Stifel Financial Corp794,374$115.6M0.11%−43,473−5.2%Reduced
HSBC Holdings PLC799,890$116.1M0.07%−216,789−21.3%Reduced
Franklin Resources Inc822,873$119.7M0.03%+46,326+6.0%Added
CI Private Wealth, LLC823,580$119.8M0.17%−37,125−4.3%Reduced
Nordea Investment Management AB846,180$121.3M0.11%+110,766+15.1%Added
Baird Financial Group, Inc.834,655$121.4M0.21%−23,010−2.7%Reduced
Citigroup Inc846,257$123.1M0.09%+204,251+31.8%Added
Healthcare of Ontario Pension Plan Trust Fund858,665$124.9M0.25%−35,664−4.0%Reduced
McDonald Capital Investors Inc874,466$127.2M7.98%−25,010−2.8%Reduced
Sumitomo Mitsui Trust Holdings, Inc.892,527$129.8M0.08%+7,121+0.8%Added
Nuveen, LLC896,208$130.4M0.04%+26,412+3.0%Added
FMR LLC898,889$130.8M0.01%+60,026+7.2%Added
Swiss National Bank981,300$142.7M0.09%+67,400+7.4%Added
Confluence Investment Management LLC1,044,626$152.0M2.15%−20,832−2.0%Reduced
Marshall Wace, LLP1,078,328$156.9M0.19%+692,533+179.5%Added
Raymond James Financial Inc1,084,493$157.8M0.05%−152,441−12.3%Reduced
Deutsche Bank AG1,088,074$158.3M0.06%−73,617−6.3%Reduced
Schroder Investment Management Group1,108,461$161.2M0.14%−507,989−31.4%Reduced
California Public Employees Retirement System1,226,661$178.4M0.11%−215,044−14.9%Reduced
Neuberger Berman Group LLC1,264,282$183.9M0.14%+47,190+3.9%Added
Hamlin Capital Management, LLC1,285,666$187.0M4.33%+13,698+1.1%Added
Barclays PLC1,344,429$195.6M0.08%+408,701+43.7%Added
Amundi1,363,266$199.0M0.07%+332,499+32.3%Added
Capital World Investors1,490,014$216.7M0.03%−60,500−3.9%Reduced
Capital Research Global Investors1,519,439$221.0M0.04%+90.0%Added
London Co of Virginia1,546,258$224.9M1.27%−43,261−2.7%Reduced
Guinness Asset Management LTD1,630,507$237.1M4.24%+23,781+1.5%Added
TD Asset Management Inc1,631,922$237.4M0.20%−302,415−15.6%Reduced
Epoch Investment Partners, Inc.1,635,964$238.0M1.23%−205,168−11.1%Reduced
FIL Ltd1,684,139$245.0M0.21%−334,173−16.6%Reduced
Bahl & Gaynor Inc1,804,182$262.4M1.33%+48,740+2.8%Added
First Trust Advisors LP1,859,478$270.5M0.22%+92,179+5.2%Added
Royal Bank of Canada1,932,062$281.0M0.05%+443,353+29.8%Added
Envestnet Asset Management Inc1,949,213$283.5M0.08%−102,997−5.0%Reduced
Norges Bank2,077,847$302.2M0.04%+1,971,693+1,857.4%Added
Ameriprise Financial Inc2,280,715$330.9M0.08%+17,869+0.8%Added
JPMorgan Chase & Co2,542,901$369.9M0.03%+574,337+29.2%Added
Legal & General Group Plc2,571,584$374.1M0.09%+30,747+1.2%Added
Goldman Sachs Group Inc2,635,119$383.3M0.06%−206,730−7.3%Reduced
Dimensional Fund Advisors LP2,774,070$403.5M0.09%−11,633−0.4%Reduced
UBS Group AG2,834,658$412.3M0.09%−514,707−15.4%Reduced
UBS Asset Management Americas Inc3,803,862$553.3M0.11%+477,333+14.3%Added
Select Equity Group, L.P.4,051,413$589.3M2.51%+557,101+15.9%Added
Invesco Ltd.4,384,846$637.8M0.11%+249,550+6.0%Added
Morgan Stanley4,713,053$685.6M0.04%−1,262,984−21.1%Reduced
Northern Trust Corp4,932,209$717.4M0.10%−56,973−1.1%Reduced
Bank of America Corp5,804,606$844.3M0.07%−70,753−1.2%Reduced
Bank of New York Mellon Corp8,692,386$1.26B0.24%−378,162−4.2%Reduced
Wells Fargo & Company8,972,130$1.31B0.29%−365,031−3.9%Reduced
Geode Capital Management, LLC10,183,871$1.48B0.10%+274,947+2.8%Added
Charles Schwab Investment Management Inc11,033,312$1.60B0.28%+251,139+2.3%Added
State Street Corp14,066,067$2.05B0.08%+355,294+2.6%Added
Capital International Investors22,514,178$3.27B0.56%−3,145,337−12.3%Reduced
BlackRock, Inc.27,369,482$3.98B0.08%+239,101+0.9%Added
Vanguard Group Inc32,215,957$4.69B0.08%+408,114+1.3%Added
Citadel Advisors LLC0$00.00%−203,813−100.0%Sold out
Corebridge Financial, Inc.0$00.00%−117,567−100.0%Sold out
Jane Street Group, LLC0$00.00%−62,546−100.0%Sold out
Marex Group plc0$00.00%−38,500−100.0%Sold out
Financial Counselors Inc0$00.00%−36,387−100.0%Sold out
Jupiter Asset Management Ltd0$00.00%−35,101−100.0%Sold out
Susquehanna Fundamental Investments, LLC0$00.00%−32,185−100.0%Sold out
PGGM Investments0$00.00%−27,231−100.0%Sold out
1832 Asset Management L.P.0$00.00%−26,359−100.0%Sold out
Sciencast Management LP0$00.00%−22,824−100.0%Sold out
Element Capital Management LLC0$00.00%−18,157−100.0%Sold out
Nebula Research & Development LLC0$00.00%−17,021−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−16,930−100.0%Sold out
Concentric Capital Strategies, LP0$00.00%−14,107−100.0%Sold out
TownSquare Capital, LLC0$00.00%−13,790−100.0%Sold out
Bayesian Capital Management, LP0$00.00%−12,300−100.0%Sold out
Mediolanum International Funds Ltd0$00.00%−12,482−100.0%Sold out
Nomura Holdings Inc0$00.00%−10,909−100.0%Sold out
Allstate Corp0$00.00%−10,215−100.0%Sold out
Naviter Wealth, LLC0$00.00%−9,650−100.0%Sold out
XTX Topco Ltd0$00.00%−9,168−100.0%Sold out
Rehmann Capital Advisory Group0$00.00%−7,936−100.0%Sold out
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main0$00.00%−7,851−100.0%Sold out
United Services Automobile Association0$00.00%−7,215−100.0%Sold out
Fulton Bank, N.A.0$00.00%−6,234−100.0%Sold out