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, 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
Benjamin Edwards Inc103,644$15.1M0.19%−2,242−2.1%Reduced
Lansforsakringar Fondforvaltning AB (publ)101,259$14.7M0.08%−6,683−6.2%Reduced
Man Group plc100,865$14.7M0.03%+23,607+30.6%Added
Forsta Ap-Fonden100,600$14.6M0.10%−22,700−18.4%Reduced
Colony Group, LLC100,350$14.6M0.03%+4,593+4.8%Added
American Century Companies Inc100,152$14.6M0.01%−2,967−2.9%Reduced
Handelsbanken Fonder AB99,981$14.5M0.05%+803+0.8%Added
Baxter Bros Inc99,903$14.5M1.78%−1,765−1.7%Reduced
Guggenheim Capital LLC99,556$14.5M0.12%+14,343+16.8%Added
Sanctuary Advisors, LLC99,306$14.4M0.09%+17,690+21.7%Added
Vantage Investment Partners, LLC97,875$14.2M1.04%00.0%Unchanged
Sonora Investment Management Group, LLC97,861$14.2M1.06%+2,378+2.5%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund96,245$14.0M0.13%+18,400+23.6%Added
Advisors Asset Management, Inc.94,850$13.8M0.25%−3,649−3.7%Reduced
State of Michigan Retirement System94,777$13.8M0.07%+400+0.4%Added
Arizona State Retirement System94,714$13.8M0.08%−280−0.3%Reduced
Calamos Advisors LLC93,588$13.6M0.06%00.0%Unchanged
Daiwa Securities Group Inc.91,557$13.3M0.05%+2,952+3.3%Added
Commerce Bank90,230$13.1M0.08%−2,338−2.5%Reduced
Allianz Asset Management GmbH89,406$13.0M0.02%+53,610+149.8%Added
NEOS Investment Management LLC88,281$12.8M0.16%+32,448+58.1%Added
Rockefeller Capital Management L.P.88,247$12.8M0.03%+50,376+133.0%Added
Lafayette Investments, Inc.88,064$12.8M2.59%+1,242+1.4%Added
Nissay Asset Management Corp88,033$12.8M0.07%+2,515+2.9%Added
Illinois Municipal Retirement Fund87,097$12.7M0.17%+32,567+59.7%Added
MetLife Investment Management86,311$12.6M0.07%−1,963−2.2%Reduced
Janney Capital Management LLC81,695$11.9M0.77%−1,426−1.7%Reduced
Paradiem, LLC80,630$11.7M2.96%−715−0.9%Reduced
First Long Island Investors, LLC80,422$11.7M0.92%+11,336+16.4%Added
U.S. Capital Wealth Advisors, LLC79,954$11.6M0.34%+3,043+4.0%Added
Van Eck Associates Corp79,328$11.5M0.01%−6,263−7.3%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys78,622$11.4M0.06%+5,338+7.3%Added
Czech National Bank78,358$11.4M0.09%+4,755+6.5%Added
JGP Wealth Management, LLC77,839$11.3M1.37%−173−0.2%Reduced
Tudor Investment Corp Et Al77,539$11.3M0.09%+77,539New
Vestcor Inc76,949$11.2M0.34%+92+0.1%Added
Sone Capital Management, LLC76,708$11.2M1.03%+76,708New
Kayne Anderson Rudnick Investment Management LLC76,346$11.1M0.03%+2,983+4.1%Added
Robeco Institutional Asset Management B.V.75,923$11.0M0.02%−60,953−44.5%Reduced
Callahan Advisors, LLC74,418$10.8M0.97%−1,968−2.6%Reduced
First Nebraska Trust Co74,344$10.8M1.04%−392−0.5%Reduced
North Star Investment Management Corp.74,080$10.8M0.75%−427−0.6%Reduced
Williams Jones Wealth Management, LLC.73,400$10.7M0.13%−191−0.3%Reduced
Cooper/Haims Advisors, LLC73,303$10.7M5.25%00.0%Unchanged
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management72,087$10.5M0.24%+4,852+7.2%Added
GF Fund Management Co. Ltd.71,736$10.4M0.21%+2,222+3.2%Added
Brown Advisory Inc71,036$10.3M0.01%+39+0.1%Added
Amalgamated Bank70,976$10.3M0.08%+1,346+1.9%Added
Retirement Systems of Alabama68,788$10.0M0.04%−76−0.1%Reduced
Envestnet Portfolio Solutions, Inc.68,374$9.95M0.04%−13,454−16.4%Reduced
Captrust Financial Advisors67,667$9.84M0.02%−5,600−7.6%Reduced
KBC Group NV67,412$9.80M0.03%+5,102+8.2%Added
Erste Asset Management GmbH67,578$9.72M0.08%+21,778+47.6%Added
State of Tennessee, Treasury Department66,260$9.64M0.03%−1,643−2.4%Reduced
CIBC World Markets Corp66,140$9.62M0.06%+27,323+70.4%Added
Miramar Capital, LLC65,731$9.56M2.26%+500+0.8%Added
Sequoia Financial Advisors, LLC65,697$9.56M0.07%+4,304+7.0%Added
Millennium Management LLC65,528$9.53M0.01%−12,336−15.8%Reduced
Motley Fool Wealth Management, LLC65,451$9.52M0.57%−10,373−13.7%Reduced
QRG Capital Management, Inc.65,411$9.51M0.08%+595+0.9%Added
JustInvest LLC64,592$9.40M0.11%+6,822+11.8%Added
Park Avenue Securities LLC64,013$9.31M0.09%+1,050+1.7%Added
Banco Bilbao Vizcaya Argentaria, S.A.64,016$9.31M0.08%+1,534+2.5%Added
Xponance, Inc.63,725$9.27M0.08%+5,405+9.3%Added
Mattern Capital Management, LLC63,344$9.21M1.11%+308+0.5%Added
Kingsview Wealth Management, LLC62,995$9.16M0.16%−144−0.2%Reduced
Sumitomo Life Insurance Co62,900$9.15M0.62%+5,300+9.2%Added
Varma Mutual Pension Insurance Co62,853$9.14M0.07%+1,800+2.9%Added
IMC-Chicago, LLC62,601$9.11M0.23%+62,601New
Palmer Knight Co62,547$9.10M3.88%−154−0.2%Reduced
IFM Investors Pty Ltd62,277$9.06M0.09%+2,667+4.5%Added
Bank Julius Baer & Co. Ltd, Zurich62,224$9.05M0.03%−11,786−15.9%Reduced
Ethic Inc.62,104$8.94M0.16%+5,208+9.2%Added
Teacher Retirement System of Texas60,750$8.84M0.04%−33,006−35.2%Reduced
Naples Global Advisors, LLC60,683$8.83M0.76%+3,383+5.9%Added
Two Point Capital Management, Inc.60,231$8.76M3.73%+60,231New
Massmutual Trust Co FSB58,507$8.51M0.23%−1,153−1.9%Reduced
Cambridge Investment Research Advisors, Inc.58,477$8.51M0.03%+5,042+9.4%Added
MainStreet Investment Advisors LLC58,326$8.48M1.17%−1,230−2.1%Reduced
Kornitzer Capital Management Inc57,807$8.41M0.17%−363−0.6%Reduced
Tectonic Advisors LLC57,517$8.37M0.49%+5,312+10.2%Added
Azimuth Capital Investment Management LLC56,475$8.21M0.31%+1,392+2.5%Added
Canandaigua National Bank & Trust Co56,368$8.20M0.76%−5,538−8.9%Reduced
Investment Management Corp of Ontario56,086$8.16M0.12%+13,396+31.4%Added
Bourne Lent Asset Management Inc55,489$8.07M3.12%−170−0.3%Reduced
Wellington Management Group LLP55,461$8.07M0.00%+949+1.7%Added
Rench Wealth Management, Inc.55,256$8.04M2.54%−90−0.2%Reduced
USS Investment Management Ltd55,208$8.03M0.05%00.0%Unchanged
United Capital Financial Advisers, LLC54,966$8.00M0.06%−922−1.6%Reduced
Madison Asset Management, LLC54,636$7.95M0.09%−7,045−11.4%Reduced
Bryn Mawr Trust Co54,527$7.93M0.14%−2,366−4.2%Reduced
Burns J W & Co Inc54,476$7.92M0.96%−984−1.8%Reduced
W.G. Shaheen & Associates DBA Whitney & Co54,441$7.92M0.78%−786−1.4%Reduced
Atria Investments LLC54,068$7.86M0.09%+4,761+9.7%Added
Arkadios Wealth Advisors53,974$7.85M0.24%+4,254+8.6%Added
Hendershot Investments Inc.53,507$7.78M1.04%−12,191−18.6%Reduced
Pathstone Holdings, LLC53,108$7.73M0.03%−16,100−23.3%Reduced
Utah Retirement Systems52,984$7.71M0.08%−243−0.5%Reduced
Mercer Global Advisors Inc52,962$7.70M0.02%−2,437−4.4%Reduced
Albion Financial Group52,518$7.64M0.50%−125−0.2%Reduced