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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
State of Michigan Retirement System95,277$12.1M0.06%+500+0.5%Added
Handelsbanken Fonder AB95,857$12.2M0.04%−4,124−4.1%Reduced
Vantage Investment Partners, LLC97,875$12.4M0.85%00.0%Unchanged
Trexquant Investment LP98,570$12.5M0.13%+98,570New
Baxter Bros Inc98,691$12.5M1.45%−1,212−1.2%Reduced
Sonora Investment Management Group, LLC98,696$12.5M0.89%+835+0.9%Added
American Century Companies Inc99,421$12.6M0.01%−731−0.7%Reduced
First Long Island Investors, LLC99,607$12.6M0.94%+19,185+23.9%Added
Colony Group, LLC100,793$12.8M0.02%+443+0.4%Added
Kepler Cheuvreux (Suisse) SA100,857$12.8M0.69%+100,857New
Teacher Retirement System of Texas101,622$12.9M0.05%+40,872+67.3%Added
DnB Asset Management AS101,651$12.9M0.05%−5,911−5.5%Reduced
Lansforsakringar Fondforvaltning AB (publ)102,199$13.0M0.07%+940+0.9%Added
Ensign Peak Advisors, Inc104,407$13.2M0.02%−9,525−8.4%Reduced
Natixis Advisors, L.P.104,571$13.3M0.02%−54,233−34.2%Reduced
Guggenheim Capital LLC105,897$13.4M0.10%+6,341+6.4%Added
Railway Pension Investments Ltd106,837$13.5M0.18%00.0%Unchanged
Public Employees Retirement System of Ohio107,140$13.6M0.04%−21,975−17.0%Reduced
Umb Bank N A108,896$13.8M0.20%−1,913−1.7%Reduced
Quantinno Capital Management LP108,940$13.8M0.04%−11,885−9.8%Reduced
Benjamin Edwards Inc109,614$13.9M0.16%+5,970+5.8%Added
LaFleur & Godfrey LLC109,868$13.9M1.69%−1,175−1.1%Reduced
Comerica Bank110,208$14.0M0.05%−2,157−1.9%Reduced
State of New Jersey Common Pension Fund D111,160$14.1M0.05%+3,580+3.3%Added
Grimes & Company, Inc.111,294$14.1M0.35%−10,933−8.9%Reduced
M&T Bank Corp112,018$14.2M0.05%−5,546−4.7%Reduced
Resona Asset Management Co.,Ltd.113,602$14.4M0.07%−6,271−5.2%Reduced
KLP Kapitalforvaltning AS115,079$14.6M0.06%−32,600−22.1%Reduced
ING Groep NV116,385$14.8M0.08%+116,385New
Advisor Group Holdings, Inc.110,806$14.8M0.02%−2,199−1.9%Reduced
Nisa Investment Advisors, LLC118,126$15.0M0.06%+9,517+8.8%Added
Wealth Enhancement Advisory Services, LLC121,260$15.4M0.02%−139,246−53.5%Reduced
Mn Services Vermogensbeheer B.V.122,580$15.5M0.10%+1,400+1.2%Added
Creative Planning123,128$15.6M0.01%−8,613−6.5%Reduced
Rafferty Asset Management, LLC123,353$15.6M0.05%+15,430+14.3%Added
Credit Agricole S A124,874$15.8M0.05%+124,874New
Crossmark Global Holdings, Inc.128,590$16.3M0.24%−1,833−1.4%Reduced
Citadel Advisors LLC133,285$16.9M0.01%+133,285New
Asset Advisors Investment Management, LLC136,441$17.3M1.64%−2,131−1.5%Reduced
UniSuper Management Pty Ltd136,826$17.3M0.11%+5,516+4.2%Added
Zurcher Kantonalbank (Zurich Cantonalbank)138,667$17.6M0.04%−140,357−50.3%Reduced
ExodusPoint Capital Management, LP140,046$17.8M0.25%−13,274−8.7%Reduced
Squarepoint Ops LLC140,195$17.8M0.04%+131,574+1,526.2%Added
Y-Intercept (Hong Kong) Ltd140,662$17.8M0.43%+96,777+220.5%Added
O'Shaughnessy Asset Management, LLC142,689$18.1M0.11%−18,257−11.3%Reduced
Van Cleef Asset Management,Inc143,438$18.2M1.85%+166+0.1%Added
Pacer Advisors, Inc.143,574$18.2M0.05%−80,635−36.0%Reduced
Boston Trust Walden Corp146,768$18.6M0.14%−189−0.1%Reduced
Asset Management One Co.,Ltd.148,002$18.8M0.05%+2,734+1.9%Added
BLI - Banque de Luxembourg Investments146,600$18.9M0.55%−4,000−2.7%Reduced
Markel Group Inc.SuperinvestorMarkel Group150,000$19.0M0.15%00.0%Unchanged
NEOS Investment Management LLC150,981$19.1M0.14%+62,700+71.0%Added
Disciplined Growth Investors Inc151,143$19.2M0.35%−6,939−4.4%Reduced
Prana Capital Management, LP151,369$19.2M0.64%+124,788+469.5%Added
Sanibel Captiva Trust Company, Inc.155,055$19.7M0.56%−3,073−1.9%Reduced
Engineers Gate Manager LP155,314$19.7M0.23%+150,597+3,192.6%Added
Blair William & Co155,435$19.7M0.05%−6,429−4.0%Reduced
Truist Financial Corp156,168$19.8M0.03%−25,745−14.2%Reduced
HighTower Advisors, LLC156,610$19.9M0.02%−8,240−5.0%Reduced
Gotham Asset Management, LLC158,611$20.1M0.09%+38,812+32.4%Added
Godsey & Gibb Associates160,957$20.4M1.80%+1,930+1.2%Added
Gateway Investment Advisers LLC162,329$20.6M0.20%+116+0.1%Added
Andra AP-fonden163,200$20.7M0.26%+53,021+48.1%Added
Alley Investment Management Company, LLC165,264$20.9M2.43%+3,784+2.3%Added
Toroso Investments, LLC167,385$21.2M0.09%−20,230−10.8%Reduced
State of Wisconsin Investment Board172,689$21.9M0.05%−3,289−1.9%Reduced
CIBC Asset Management Inc175,530$22.3M0.06%+369+0.2%Added
RWC Asset Management LLP179,863$22.8M1.10%−13,388−6.9%Reduced
Danske Bank A/S180,157$22.8M0.06%+12,336+7.4%Added
Harvey Investment Co LLC180,291$22.9M2.44%+700.0%Added
Prudential Financial Inc180,588$22.9M0.03%−19,126−9.6%Reduced
US Bancorp181,232$23.0M0.03%−6,314−3.4%Reduced
Investment House LLC181,430$23.0M1.09%−50.0%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.183,732$23.0M0.06%−458,196−71.4%Reduced
Rathbone Brothers plc182,224$23.1M0.09%+21,945+13.7%Added
Cetera Investment Advisers184,182$23.3M0.03%+34,475+23.0%Added
Woodline Partners LP184,979$23.4M0.11%−124,199−40.2%Reduced
Mitsubishi UFJ Trust & Banking Corp185,105$23.5M0.05%−10,345−5.3%Reduced
Schaper Benz & Wise Investment Counsel Inc185,481$23.5M1.75%+1,622+0.9%Added
Skandinaviska Enskilda Banken AB (publ)190,779$24.2M0.10%−78,549−29.2%Reduced
Korea Investment CORP197,444$25.0M0.05%+33,735+20.6%Added
Clarkston Capital Partners, LLC200,704$25.4M0.55%−3,433−1.7%Reduced
Manufacturers Life Insurance Company, The203,593$25.8M0.02%−1,199−0.6%Reduced
Swedbank AB205,512$26.1M0.03%+6,406+3.2%Added
Windsor Advisory Group, LLC206,264$26.1M23.14%00.0%Unchanged
Treasurer of the State of North Carolina208,950$26.5M0.08%+15,952+8.3%Added
New York State Common Retirement Fund209,465$26.6M0.03%−23,300−10.0%Reduced
Aware Super Pty Ltd as trustee of Aware Super213,544$27.1M0.37%−13,254−5.8%Reduced
Toronto Dominion Bank215,932$27.4M0.05%+64,600+42.7%Added
Chevy Chase Trust Holdings, Inc.216,093$27.4M0.08%−4,411−2.0%Reduced
Twinbeech Capital LP216,909$27.5M1.09%+199,526+1,147.8%Added
Absher Wealth Management, LLC219,000$27.8M3.32%+89,576+69.2%Added
Royal London Asset Management Ltd220,588$28.0M0.06%−1,835−0.8%Reduced
Jane Street Group, LLC224,848$28.5M0.03%+224,848New
Hancock Whitney Corp226,971$28.8M0.52%−5,666−2.4%Reduced
Glenmede Investment Management, LP237,026$30.0M0.15%+13,733+6.2%Added
Alps Advisors Inc240,564$30.5M0.17%+41,114+20.6%Added
Capital International Inc241,308$30.6M0.24%+32,985+15.8%Added
Standard Life Aberdeen plc246,915$30.7M0.05%−8,161−3.2%Reduced
Mirae Asset Global ETFs Holdings Ltd.242,463$30.7M0.05%−32,026−11.7%Reduced