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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, 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
Illinois Municipal Retirement Fund50,718$6.43M0.08%−36,379−41.8%Reduced
Holocene Advisors, LP50,904$6.45M0.01%+50,904New
Sienna Gestion56,127$6.49M0.45%00.0%Unchanged
Pathstone Holdings, LLC51,465$6.52M0.02%−1,643−3.1%Reduced
Burns J W & Co Inc51,549$6.53M0.74%−2,927−5.4%Reduced
Silver Lake Advisory, LLC51,560$6.54M2.60%+393+0.8%Added
Bryn Mawr Trust Co51,618$6.54M0.16%−2,909−5.3%Reduced
Police & Firemen's Retirement System of New Jersey51,998$6.59M0.05%+2,893+5.9%Added
Mercer Global Advisors Inc52,068$6.60M0.01%−894−1.7%Reduced
Natixis52,844$6.70M0.04%+32,175+155.7%Added
Sone Capital Management, LLC53,025$6.72M0.56%−23,683−30.9%Reduced
Albion Financial Group53,033$6.72M0.41%+515+1.0%Added
Fieldview Capital Management, LLC53,194$6.74M1.10%+49,198+1,231.2%Added
United Capital Financial Advisers, LLC53,235$6.75M0.05%−1,731−3.1%Reduced
Utah Retirement Systems53,324$6.76M0.07%+340+0.6%Added
Edgestream Partners, L.P.53,728$6.81M0.20%+53,728New
CIBC World Markets Inc.53,853$6.83M0.01%+6,815+14.5%Added
W.G. Shaheen & Associates DBA Whitney & Co54,229$6.87M0.62%−212−0.4%Reduced
Bourne Lent Asset Management Inc54,434$6.90M2.45%−1,055−1.9%Reduced
Ilmarinen Mutual Pension Insurance Co54,500$6.91M0.05%+12,000+28.2%Added
Rodgers Brothers Inc.54,500$6.91M0.85%+25,240+86.3%Added
USS Investment Management Ltd55,208$7.00M0.03%00.0%Unchanged
Canandaigua National Bank & Trust Co55,670$7.06M0.62%−698−1.2%Reduced
Motley Fool Wealth Management, LLC55,726$7.06M0.48%−9,725−14.9%Reduced
Rench Wealth Management, Inc.56,444$7.15M2.10%+1,188+2.1%Added
JustInvest LLC56,488$7.16M0.07%−8,104−12.5%Reduced
MainStreet Investment Advisors LLC56,786$7.20M0.97%−1,540−2.6%Reduced
Federated Hermes, Inc.56,806$7.20M0.01%+28,198+98.6%Added
Azimuth Capital Investment Management LLC56,807$7.20M0.26%+332+0.6%Added
Massmutual Trust Co FSB56,873$7.21M0.18%−1,634−2.8%Reduced
Erste Asset Management GmbH56,107$7.21M0.07%−11,471−17.0%Reduced
Flputnam Investment Management Co57,340$7.27M0.11%−74,547−56.5%Reduced
Kornitzer Capital Management Inc57,402$7.28M0.15%−405−0.7%Reduced
DF Dent & Co Inc57,978$7.35M0.09%+25,175+76.7%Added
Xponance, Inc.58,048$7.36M0.06%−5,677−8.9%Reduced
SG Americas Securities, LLC58,406$7.40M0.03%−115,140−66.3%Reduced
CIBC Bancorp USA Inc.58,428$7.41M0.04%+58,428New
Quantbot Technologies LP58,769$7.45M0.20%+58,769New
Ethic Inc.58,834$7.46M0.12%−3,270−5.3%Reduced
Arkadios Wealth Advisors59,259$7.51M0.18%+5,285+9.8%Added
Two Point Capital Management, Inc.59,408$7.53M3.03%−823−1.4%Reduced
Mackenzie Financial Corp59,453$7.54M0.01%−58,078−49.4%Reduced
Achmea Investment Management B.V.59,719$7.57M0.09%−97,339−62.0%Reduced
Pinebridge Investments, L.P.60,082$7.62M0.06%+8,662+16.8%Added
Palmer Knight Co60,826$7.71M3.65%−1,721−2.8%Reduced
Capital Fund Management S.A.61,082$7.74M0.08%+61,082New
Naples Global Advisors, LLC61,920$7.85M0.61%+1,237+2.0%Added
Envestnet Portfolio Solutions, Inc.62,155$7.88M0.03%−6,219−9.1%Reduced
Cambridge Investment Research Advisors, Inc.62,251$7.89M0.02%+3,774+6.5%Added
Kingsview Wealth Management, LLC62,304$7.90M0.12%−691−1.1%Reduced
Hendershot Investments Inc.62,556$7.93M1.00%+9,049+16.9%Added
Captrust Financial Advisors62,985$7.98M0.02%−4,682−6.9%Reduced
Mattern Capital Management, LLC63,177$8.01M0.94%−167−0.3%Reduced
Elo Mutual Pension Insurance Co63,659$8.07M0.13%+16,812+35.9%Added
IFM Investors Pty Ltd63,166$8.10M0.07%+889+1.4%Added
Campbell & CO Investment Adviser LLC64,090$8.12M0.61%+64,090New
Park Avenue Securities LLC64,924$8.23M0.06%+911+1.4%Added
Prudential PLC65,806$8.34M0.06%+55,598+544.7%Added
Sequoia Financial Advisors, LLC66,268$8.40M0.05%+571+0.9%Added
Tectonic Advisors LLC67,903$8.61M0.47%+10,386+18.1%Added
Varma Mutual Pension Insurance Co68,453$8.68M0.06%+5,600+8.9%Added
Retirement Systems of Alabama69,161$8.77M0.03%+373+0.5%Added
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management69,172$8.77M0.18%−2,915−4.0%Reduced
KBC Group NV69,210$8.77M0.02%+1,798+2.7%Added
Amalgamated Bank70,805$8.97M0.06%−171−0.2%Reduced
GF Fund Management Co. Ltd.71,736$9.09M0.16%00.0%Unchanged
Sumitomo Life Insurance Co72,400$9.18M0.28%+9,500+15.1%Added
Voya Investment Management LLC72,493$9.19M0.01%−53,924−42.7%Reduced
Verition Fund Management LLC72,651$9.21M0.05%+52,854+267.0%Added
North Star Investment Management Corp.72,958$9.25M0.59%−1,122−1.5%Reduced
Williams Jones Wealth Management, LLC.73,015$9.26M0.11%−385−0.5%Reduced
Callahan Advisors, LLC73,882$9.37M0.80%−536−0.7%Reduced
First Nebraska Trust Co74,309$9.42M0.85%−350.0%Reduced
Vestcor Inc74,882$9.49M0.28%−2,067−2.7%Reduced
Kayne Anderson Rudnick Investment Management LLC75,505$9.57M0.02%−841−1.1%Reduced
Brown Advisory Inc75,561$9.58M0.01%+4,525+6.4%Added
JGP Wealth Management, LLC78,535$9.69M1.07%+696+0.9%Added
Miramar Capital, LLC77,339$9.80M2.17%+11,608+17.7%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys77,857$9.87M0.05%−765−1.0%Reduced
Allianz Asset Management GmbH78,469$9.95M0.01%−10,937−12.2%Reduced
Cooper/Haims Advisors, LLC78,546$9.96M4.65%+5,243+7.2%Added
Sanctuary Advisors, LLC78,812$9.99M0.06%−20,494−20.6%Reduced
Janney Capital Management LLC80,568$10.2M0.64%−1,127−1.4%Reduced
Van Eck Associates Corp80,889$10.3M0.01%+1,561+2.0%Added
Forsta Ap-Fonden81,900$10.4M0.06%−18,700−18.6%Reduced
Czech National Bank82,344$10.4M0.07%+3,986+5.1%Added
U.S. Capital Wealth Advisors, LLC82,713$10.5M0.28%+2,759+3.5%Added
MetLife Investment Management85,198$10.8M0.05%−1,113−1.3%Reduced
Rockefeller Capital Management L.P.85,961$10.9M0.02%−2,286−2.6%Reduced
Ossiam88,225$11.2M0.14%+70,523+398.4%Added
Daiwa Securities Group Inc.88,550$11.2M0.04%−3,007−3.3%Reduced
Jain Global LLC88,878$11.3M0.15%+58,881+196.3%Added
Lafayette Investments, Inc.88,897$11.3M2.16%+833+0.9%Added
Commerce Bank89,357$11.3M0.06%−873−1.0%Reduced
Nissay Asset Management Corp89,455$11.3M0.06%+1,422+1.6%Added
Advisors Asset Management, Inc.90,732$11.5M0.20%−4,118−4.3%Reduced
AQR Capital Management LLC97,381$11.7M0.01%−95,952−49.6%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund93,545$11.9M0.10%−2,700−2.8%Reduced
Calamos Advisors LLC93,588$11.9M0.05%00.0%Unchanged
Arizona State Retirement System94,684$12.0M0.06%−300.0%Reduced