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, Q4 2025
Institutional positions in Paychex Inc as of Dec 31, 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
- 1,591
- +7 vs. Q3 2025
- Shares held
- 295.2M
- +22.1M (+8.1%) vs. Q3 2025
- Total value
- $33.1B
- −$1.47B (−4.2%) vs. Q3 2025
- New holders
- 178
- 534 more added
- Sold out
- 171
- 642 more reduced
36 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,535 | $29.1B |
| Q1 2026 | 1,515 | $27.2B |
| Q4 2025 | 1,591 | $33.1B |
| Q3 2025 | 1,620 | $34.8B |
| Q2 2025 | 1,675 | $40.7B |
| Q1 2025 | 1,704 | $43.3B |
| Q4 2024 | 1,639 | $39.4B |
| Q3 2024 | 1,546 | $37.1B |
| Q2 2024 | 1,519 | $32.4B |
| Q1 2024 | 1,531 | $33.1B |
| Q4 2023 | 1,511 | $31.5B |
| Q3 2023 | 1,447 | $30.1B |
| Q2 2023 | 1,419 | $29.2B |
| Q1 2023 | 1,434 | $30.2B |
| Q4 2022 | 1,449 | $30.1B |
| Q3 2022 | 1,428 | $28.9B |
| Q2 2022 | 1,412 | $29.4B |
| Q1 2022 | 1,442 | $34.8B |
| Q4 2021 | 1,442 | $34.6B |
| Q3 2021 | 1,286 | $28.6B |
| Q2 2021 | 1,242 | $27.2B |
| Q1 2021 | 1,226 | $24.8B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 42,348,625 | $4.75B | 0.07% | +4,583,157+12.1% | Added |
| Capital International Investors | 30,265,174 | $3.40B | 0.53% | +11,243,295+59.1% | Added |
| BlackRock, Inc. | 27,878,398 | $3.13B | 0.05% | −89,518−0.3% | Reduced |
| State Street Corp | 13,988,393 | $1.57B | 0.05% | +216,045+1.6% | Added |
| Invesco Ltd. | 12,045,968 | $1.35B | 0.13% | +7,754,296+180.7% | Added |
| Charles Schwab Investment Management Inc | 11,550,173 | $1.30B | 0.20% | +263,152+2.3% | Added |
| Geode Capital Management, LLC | 9,705,424 | $1.09B | 0.07% | +78,760+0.8% | Added |
| Wells Fargo & Company | 6,489,937 | $728.0M | 0.14% | −2,322,222−26.4% | Reduced |
| Select Equity Group, L.P. | 5,716,237 | $641.2M | 2.98% | +1,358,596+31.2% | Added |
| Bank of America Corp | 5,351,226 | $600.3M | 0.04% | −286,106−5.1% | Reduced |
| Morgan Stanley | 4,843,248 | $543.3M | 0.03% | −20,382−0.4% | Reduced |
| Northern Trust Corp | 4,335,875 | $486.4M | 0.06% | −88,978−2.0% | Reduced |
| Goldman Sachs Group Inc | 3,649,579 | $409.4M | 0.06% | +955,870+35.5% | Added |
| UBS Group AG | 3,430,711 | $384.9M | 0.08% | +789,132+29.9% | Added |
| Dimensional Fund Advisors LP | 2,882,215 | $323.4M | 0.07% | +76,824+2.7% | Added |
| UBS Asset Management Americas Inc | 2,690,094 | $301.8M | 0.06% | −41,784−1.5% | Reduced |
| Legal & General Group Plc | 2,455,435 | $275.5M | 0.06% | +33,467+1.4% | Added |
| Federated Hermes, Inc. | 2,409,229 | $270.3M | 0.45% | +2,352,423+4,141.2% | Added |
| Norges Bank | 2,297,192 | $257.7M | 0.03% | +2,297,192 | New |
| Envestnet Asset Management Inc | 2,217,866 | $248.8M | 0.07% | +238,536+12.1% | Added |
| First Trust Advisors LP | 2,065,549 | $231.7M | 0.17% | +252,418+13.9% | Added |
| Bank of New York Mellon Corp | 2,038,834 | $228.7M | 0.04% | −3,545,198−63.5% | Reduced |
| Ameriprise Financial Inc | 1,932,825 | $216.5M | 0.05% | −92,699−4.6% | Reduced |
| Capital Research Global Investors | 1,917,806 | $215.1M | 0.04% | +398,376+26.2% | Added |
| Guinness Asset Management LTD | 1,727,194 | $196.3M | 3.18% | +91,342+5.6% | Added |
| Bahl & Gaynor Inc | 1,693,009 | $189.9M | 0.96% | −53,321−3.1% | Reduced |
| Amundi | 1,605,765 | $180.1M | 0.05% | −156,197−8.9% | Reduced |
| London Co of Virginia | 1,445,883 | $162.2M | 0.94% | −74,629−4.9% | Reduced |
| JPMorgan Chase & Co | 1,434,712 | $160.9M | 0.01% | −211,185−12.8% | Reduced |
| California Public Employees Retirement System | 1,360,594 | $152.6M | 0.09% | +345,665+34.1% | Added |
| Hamlin Capital Management, LLC | 1,359,025 | $152.5M | 3.66% | +68,594+5.3% | Added |
| Voloridge Investment Management, LLC | 1,351,211 | $151.6M | 0.53% | +421,826+45.4% | Added |
| Raymond James Financial Inc | 1,315,448 | $147.6M | 0.05% | +268,204+25.6% | Added |
| Royal Bank of Canada | 1,267,874 | $142.2M | 0.03% | −470.0% | Reduced |
| Barclays PLC | 1,222,547 | $137.1M | 0.06% | −633,610−34.1% | Reduced |
| Nordea Investment Management AB | 1,157,485 | $130.7M | 0.11% | −102,891−8.2% | Reduced |
| Deutsche Bank AG | 1,130,611 | $126.8M | 0.04% | −399,734−26.1% | Reduced |
| Renaissance Technologies LLC | 1,094,201 | $122.7M | 0.19% | +790,000+259.7% | Added |
| LPL Financial LLC | 1,023,081 | $114.8M | 0.03% | +258,342+33.8% | Added |
| Confluence Investment Management LLC | 987,259 | $110.8M | 1.66% | −40,001−3.9% | Reduced |
| The PNC Financial Services Group, Inc. | 970,400 | $108.9M | 0.06% | −7,691−0.8% | Reduced |
| Stifel Financial Corp | 967,140 | $108.5M | 0.10% | +98,910+11.4% | Added |
| Neuberger Berman Group LLC | 909,400 | $102.0M | 0.08% | −232,896−20.4% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 906,403 | $101.7M | 0.06% | +23,218+2.6% | Added |
| Swiss National Bank | 887,600 | $99.6M | 0.06% | −46,900−5.0% | Reduced |
| BNP Paribas Arbitrage, SA | 881,146 | $98.8M | 0.06% | +548,751+165.1% | Added |
| Nuveen, LLC | 872,885 | $97.9M | 0.03% | −1660.0% | Reduced |
| Swiss Life Asset Management Ltd | 859,079 | $96.4M | 0.49% | +208,077+32.0% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 856,235 | $96.1M | 0.16% | +280,034+48.6% | Added |
| McDonald Capital Investors Inc | 842,861 | $94.6M | 5.80% | −15,038−1.8% | Reduced |
| CI Private Wealth, LLC | 811,295 | $91.0M | 0.12% | +24,053+3.1% | Added |
| Franklin Resources Inc | 794,451 | $89.1M | 0.02% | −5,409−0.7% | Reduced |
| HSBC Holdings PLC | 768,358 | $86.3M | 0.05% | +10,603+1.4% | Added |
| Baird Financial Group, Inc. | 766,378 | $86.0M | 0.13% | −58,044−7.0% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 706,971 | $76.8M | 0.05% | +35,918+5.4% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 678,361 | $76.1M | 0.09% | +494,629+269.2% | Added |
| PFA Pension, Forsikringsaktieselskab | 669,560 | $75.9M | 0.22% | +669,560 | New |
| FMR LLC | 669,672 | $75.1M | 0.00% | +9,728+1.5% | Added |
| Rhumbline Advisers | 664,268 | $74.5M | 0.06% | −27,195−3.9% | Reduced |
| Price T Rowe Associates Inc | 644,089 | $72.3M | 0.01% | +2,833+0.4% | Added |
| ProShare Advisors LLC | 628,830 | $70.5M | 0.12% | +173,921+38.2% | Added |
| DekaBank Deutsche Girozentrale | 494,586 | $65.3M | 0.12% | 00.0% | Unchanged |
| Troy Asset Management Ltd | 575,765 | $64.6M | 1.66% | −20,670−3.5% | Reduced |
| California State Teachers Retirement System | 574,443 | $64.4M | 0.06% | +41,471+7.8% | Added |
| Wedge Capital Management L L P | 553,795 | $62.1M | 1.12% | +76,852+16.1% | Added |
| National Pension Service | 539,737 | $60.5M | 0.04% | +49,837+10.2% | Added |
| Mariner, LLC | 490,156 | $55.0M | 0.07% | +14,028+2.9% | Added |
| Victory Capital Management Inc | 471,046 | $52.8M | 0.03% | +53,959+12.9% | Added |
| Nomura Asset Management Co Ltd | 470,872 | $52.8M | 0.13% | +59,631+14.5% | Added |
| Mirae Asset Global Investments Co., Ltd. | 469,790 | $52.7M | 0.15% | +24,336+5.5% | Added |
| Alliancebernstein L.P. | 466,405 | $52.3M | 0.02% | −212,018−31.3% | Reduced |
| Capital World Investors | 440,000 | $49.4M | 0.01% | 00.0% | Unchanged |
| Fenimore Asset Management Inc | 425,591 | $47.7M | 0.99% | +2,473+0.6% | Added |
| National Bank of Canada | 423,714 | $47.5M | 0.05% | −97,701−18.7% | Reduced |
| Old Republic International Corporation | 423,100 | $47.5M | 1.92% | 00.0% | Unchanged |
| Susquehanna Fundamental Investments, LLC | 422,117 | $47.4M | 1.61% | +422,117 | New |
| Capital International Inc | 408,140 | $45.8M | 0.36% | +166,832+69.1% | Added |
| Donaldson Capital Management, LLC | 407,131 | $45.7M | 1.45% | −16,066−3.8% | Reduced |
| Welch Group, LLC | 406,802 | $45.6M | 1.76% | +408+0.1% | Added |
| Bank of Nova Scotia | 394,293 | $44.2M | 0.07% | +351,467+820.7% | Added |
| Principal Financial Group Inc | 390,002 | $43.8M | 0.02% | −787−0.2% | Reduced |
| Citigroup Inc | 389,594 | $43.7M | 0.03% | −427,849−52.3% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 388,940 | $43.5M | 0.23% | +19,375+5.2% | Added |
| Epoch Investment Partners, Inc. | 386,679 | $43.4M | 0.25% | −308,668−44.4% | Reduced |
| Worldquant Millennium Advisors LLC | 383,853 | $43.1M | 0.17% | −913,297−70.4% | Reduced |
| Miller Howard Investments Inc | 379,071 | $42.5M | 1.28% | −164,949−30.3% | Reduced |
| MML Investors Services, LLC | 373,107 | $41.9M | 0.10% | +37,422+11.1% | Added |
| Welch & Forbes LLC | 368,473 | $41.3M | 0.50% | −3,072−0.8% | Reduced |
| Grandfield & Dodd, LLC | 367,832 | $41.3M | 2.34% | −7,836−2.1% | Reduced |
| Bank of Montreal | 365,940 | $41.1M | 0.02% | −54,403−12.9% | Reduced |
| Cerity Partners LLC | 364,763 | $40.9M | 0.06% | +7,538+2.1% | Added |
| Gotham Asset Management, LLC | 357,110 | $40.1M | 0.15% | +198,499+125.1% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 345,667 | $38.9M | 0.06% | +39,153+12.8% | Added |
| RWC Asset Management LLP | 334,959 | $37.6M | 1.85% | +155,096+86.2% | Added |
| Fort Washington Investment Advisors Inc | 329,585 | $37.0M | 0.20% | −685−0.2% | Reduced |
| Willis Investment Counsel | 326,672 | $36.6M | 1.89% | +5,539+1.7% | Added |
| SG Americas Securities, LLC | 322,182 | $36.1M | 0.05% | +263,776+451.6% | Added |
| GW&K Investment Management, LLC | 306,611 | $34.4M | 0.30% | −2,677−0.9% | Reduced |
| Baillie Gifford & Co | 304,062 | $34.1M | 0.03% | −4,743−1.5% | Reduced |
| Two Sigma Investments, LP | 297,773 | $33.4M | 0.05% | +297,773 | New |