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, Q3 2025

Institutional positions in Paychex Inc as of Sep 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
1,620
−32 vs. Q2 2025
Shares held
274.5M
−3.71M (−1.3%) vs. Q2 2025
Total value
$34.8B
−$5.57B (−13.8%) vs. Q2 2025
New holders
128
523 more added
Sold out
160
669 more reduced

23 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 1,620 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 heldQ3 2025: $34.8B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q2 2025.

Institutions holding PAYX in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc37,765,468$4.79B0.07%+5,549,511+17.2%Added
BlackRock, Inc.27,967,916$3.55B0.06%+598,434+2.2%Added
Capital International Investors19,021,879$2.41B0.39%−3,492,299−15.5%Reduced
State Street Corp13,772,348$1.75B0.06%−293,719−2.1%Reduced
Charles Schwab Investment Management Inc11,287,021$1.43B0.23%+253,709+2.3%Added
Geode Capital Management, LLC9,626,664$1.22B0.08%−557,207−5.5%Reduced
Wells Fargo & Company8,812,159$1.12B0.23%−159,971−1.8%Reduced
Bank of America Corp5,637,332$714.6M0.05%−167,274−2.9%Reduced
Bank of New York Mellon Corp5,584,032$707.8M0.13%−3,108,354−35.8%Reduced
Morgan Stanley4,863,630$616.5M0.04%+150,577+3.2%Added
Northern Trust Corp4,424,853$560.9M0.07%−507,356−10.3%Reduced
Select Equity Group, L.P.4,357,641$552.4M2.36%+306,228+7.6%Added
Invesco Ltd.4,291,672$544.0M0.09%−93,174−2.1%Reduced
Dimensional Fund Advisors LP2,805,391$355.6M0.08%+31,321+1.1%Added
UBS Asset Management Americas Inc2,731,878$346.3M0.08%−1,071,984−28.2%Reduced
Goldman Sachs Group Inc2,693,709$341.5M0.05%+58,590+2.2%Added
UBS Group AG2,641,579$334.8M0.07%−193,079−6.8%Reduced
Legal & General Group Plc2,421,968$307.0M0.07%−149,616−5.8%Reduced
Ameriprise Financial Inc2,025,524$254.2M0.06%−255,191−11.2%Reduced
Envestnet Asset Management Inc1,979,330$250.9M0.07%+30,117+1.5%Added
Barclays PLC1,856,157$235.3M0.09%+511,728+38.1%Added
First Trust Advisors LP1,813,131$229.8M0.17%−46,347−2.5%Reduced
Bahl & Gaynor Inc1,746,330$221.4M1.10%−57,852−3.2%Reduced
Amundi1,761,962$219.1M0.07%+398,696+29.2%Added
Guinness Asset Management LTD1,635,852$210.3M3.35%+5,345+0.3%Added
JPMorgan Chase & Co1,645,897$208.6M0.01%−897,004−35.3%Reduced
Deutsche Bank AG1,530,345$194.0M0.07%+442,271+40.6%Added
London Co of Virginia1,520,512$192.7M1.06%−25,746−1.7%Reduced
Capital Research Global Investors1,519,430$192.6M0.04%−90.0%Reduced
Worldquant Millennium Advisors LLC1,297,150$164.4M0.71%+1,297,150New
Hamlin Capital Management, LLC1,290,431$163.6M3.72%+4,765+0.4%Added
Royal Bank of Canada1,267,921$160.7M0.03%−664,141−34.4%Reduced
Nordea Investment Management AB1,260,376$155.3M0.14%+414,196+48.9%Added
Neuberger Berman Group LLC1,142,296$144.9M0.11%−121,986−9.6%Reduced
FIL Ltd1,118,219$141.7M0.11%−565,920−33.6%Reduced
Raymond James Financial Inc1,047,244$132.7M0.04%−37,249−3.4%Reduced
Confluence Investment Management LLC1,027,260$130.2M1.86%−17,366−1.7%Reduced
California Public Employees Retirement System1,014,929$128.7M0.08%−211,732−17.3%Reduced
The PNC Financial Services Group, Inc.978,091$124.0M0.08%+270,327+38.2%Added
Millennium Management LLC966,656$122.5M0.10%+901,128+1,375.2%Added
Swiss National Bank934,500$118.5M0.07%−46,800−4.8%Reduced
Voloridge Investment Management, LLC929,385$117.8M0.40%+929,385New
Sumitomo Mitsui Trust Holdings, Inc.883,185$112.0M0.06%−9,342−1.0%Reduced
Nuveen, LLC873,051$110.7M0.03%−23,157−2.6%Reduced
Stifel Financial Corp868,230$110.1M0.10%+73,856+9.3%Added
TD Asset Management Inc864,676$109.6M0.09%−767,246−47.0%Reduced
McDonald Capital Investors Inc857,899$108.7M6.76%−16,567−1.9%Reduced
Assenagon Asset Management S.A.838,679$106.3M0.16%+567,352+209.1%Added
Baird Financial Group, Inc.824,422$104.5M0.17%−10,233−1.2%Reduced
Citigroup Inc817,443$103.6M0.07%−28,814−3.4%Reduced
Franklin Resources Inc799,860$101.4M0.03%−23,013−2.8%Reduced
CI Private Wealth, LLC787,242$99.8M0.16%−36,338−4.4%Reduced
LPL Financial LLC764,739$96.9M0.03%+37,271+5.1%Added
HSBC Holdings PLC757,755$95.8M0.06%−42,135−5.3%Reduced
Qube Research & Technologies Ltd748,304$94.9M0.13%+748,304New
Epoch Investment Partners, Inc.695,347$88.1M0.48%−940,617−57.5%Reduced
Rhumbline Advisers691,463$87.6M0.07%−23,197−3.2%Reduced
Alliancebernstein L.P.678,423$86.0M0.03%+213,788+46.0%Added
Great West Life Assurance Co667,611$85.8M0.12%−25,277−3.6%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.671,053$85.1M0.06%+25,473+3.9%Added
FMR LLC659,944$83.7M0.00%−238,945−26.6%Reduced
Swiss Life Asset Management Ltd651,002$82.5M0.43%−7,378−1.1%Reduced
Price T Rowe Associates Inc641,256$81.3M0.01%−116,425−15.4%Reduced
Troy Asset Management Ltd596,435$75.6M1.94%−22,016−3.6%Reduced
Healthcare of Ontario Pension Plan Trust Fund576,201$73.0M0.13%−282,464−32.9%Reduced
Miller Howard Investments Inc544,020$69.0M2.10%−427−0.1%Reduced
California State Teachers Retirement System532,972$67.6M0.07%−1,576−0.3%Reduced
AXA Investment Managers S.A.532,371$67.5M0.18%+532,371New
National Bank of Canada521,415$66.1M0.07%+143,970+38.1%Added
DekaBank Deutsche Girozentrale494,586$63.2M0.11%00.0%Unchanged
National Pension Service489,900$62.1M0.05%+13,818+2.9%Added
Wedge Capital Management L L P476,943$60.5M1.02%+80,046+20.2%Added
Mariner, LLC476,128$60.4M0.08%−18,535−3.7%Reduced
Storebrand Asset Management AS464,640$58.9M0.16%+226,072+94.8%Added
ProShare Advisors LLC454,909$57.7M0.12%−92,736−16.9%Reduced
Mirae Asset Global Investments Co., Ltd.445,454$56.5M0.18%+10,715+2.5%Added
Capital World Investors440,000$55.8M0.01%−1,050,014−70.5%Reduced
Donaldson Capital Management, LLC423,197$53.6M1.70%−6,460−1.5%Reduced
Fenimore Asset Management Inc423,118$53.6M1.08%+421+0.1%Added
Old Republic International Corporation423,100$53.6M1.99%00.0%Unchanged
Bank of Montreal420,343$53.3M0.02%−72,039−14.6%Reduced
Victory Capital Management Inc417,087$52.9M0.03%+110,523+36.1%Added
Nomura Asset Management Co Ltd411,241$52.1M0.14%−6,412−1.5%Reduced
Welch Group, LLC406,394$51.5M2.01%+7,901+2.0%Added
Principal Financial Group Inc390,789$49.5M0.02%−16,008−3.9%Reduced
D. E. Shaw & Co., Inc.377,137$47.8M0.04%+377,137New
Grandfield & Dodd, LLC375,668$47.6M2.70%+800.0%Added
Welch & Forbes LLC371,545$47.1M0.57%−2,283−0.6%Reduced
Man Group plc369,394$46.8M0.09%+268,529+266.2%Added
Wiley Bros.-Aintree Capital, LLC369,565$46.8M0.30%+21,320+6.1%Added
Cerity Partners LLC357,225$45.3M0.07%+3,523+1.0%Added
Mawer Investment Management Ltd.338,331$42.9M0.22%−69,365−17.0%Reduced
MML Investors Services, LLC335,685$42.6M0.11%−5,124−1.5%Reduced
BNP Paribas Arbitrage, SA332,395$42.1M0.03%−136,429−29.1%Reduced
Fort Washington Investment Advisors Inc330,270$41.9M0.23%+2,531+0.8%Added
Willis Investment Counsel321,133$40.7M2.23%+600.0%Added
BI Asset Management Fondsmaeglerselskab A/S326,711$39.7M0.36%−13,424−3.9%Reduced
Russell Investments Group, Ltd.312,141$39.6M0.04%+28,674+10.1%Added
SEI Investments Co310,138$39.3M0.04%+153,458+97.9%Added
GW&K Investment Management, LLC309,288$39.2M0.35%−3,350−1.1%Reduced