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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, Q1 2026

Institutional positions in Paychex Inc as of Mar 31, 2026. 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
1,515
−56 vs. Q4 2025
Shares held
295.5M
+45.5M (+18.2%) vs. Q4 2025
Total value
$27.2B
−$809.2M (−2.9%) vs. Q4 2025
New holders
156
617 more added
Sold out
212
534 more reduced

20 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 1,515 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 heldQ1 2026: $27.2B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Paychex Inc; share changes are against Q4 2025.

Institutions holding PAYX in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Capital International Investors29,948,686$2.76B0.65%−316,488−1.0%Reduced
BlackRock, Inc.28,414,452$2.62B0.05%+536,054+1.9%Added
Vanguard Capital Management LLC20,965,270$1.93B0.05%+20,965,270New
Vanguard Portfolio Management LLC15,249,560$1.40B0.07%+15,249,560New
State Street Corp14,049,628$1.29B0.04%+61,235+0.4%Added
Invesco Ltd.12,784,802$1.18B0.12%+738,834+6.1%Added
Geode Capital Management, LLC10,270,528$951.4M0.06%+565,104+5.8%Added
Charles Schwab Investment Management Inc9,375,253$863.6M0.13%−2,174,920−18.8%Reduced
Federated Hermes, Inc.5,885,576$542.2M0.88%+3,476,347+144.3%Added
Morgan Stanley5,298,028$488.1M0.03%+454,780+9.4%Added
Bank of America Corp4,323,890$398.3M0.03%−1,027,336−19.2%Reduced
Wells Fargo & Company4,239,248$390.5M0.08%−2,250,689−34.7%Reduced
Northern Trust Corp3,996,797$368.2M0.05%−339,078−7.8%Reduced
Goldman Sachs Group Inc3,959,316$364.7M0.05%+309,737+8.5%Added
Select Equity Group, L.P.3,670,073$338.1M1.80%−2,046,164−35.8%Reduced
UBS Group AG3,532,389$325.4M0.06%+101,678+3.0%Added
Dimensional Fund Advisors LP2,822,569$260.0M0.05%−59,646−2.1%Reduced
Envestnet Asset Management Inc2,774,473$255.6M0.07%+556,607+25.1%Added
JPMorgan Chase & Co2,742,879$255.4M0.02%+1,308,167+91.2%Added
UBS Asset Management Americas Inc2,699,393$248.7M0.05%+9,299+0.3%Added
Legal & General Group Plc2,345,121$216.0M0.05%−110,314−4.5%Reduced
First Trust Advisors LP2,344,056$215.9M0.15%+278,507+13.5%Added
Capital Research Global Investors2,098,312$193.4M0.03%+180,506+9.4%Added
Ameriprise Financial Inc2,016,718$190.7M0.04%+83,893+4.3%Added
Bank of New York Mellon Corp2,007,580$184.9M0.03%−31,254−1.5%Reduced
Guinness Asset Management LTD1,968,734$180.9M3.12%+241,540+14.0%Added
Stifel Financial Corp1,845,758$170.0M0.16%+878,618+90.8%Added
Vanguard Fiduciary Trust Co1,833,083$168.9M0.04%+1,833,083New
Raymond James Financial Inc1,750,562$161.3M0.05%+435,114+33.1%Added
Amundi1,634,609$150.6M0.04%+28,844+1.8%Added
LPL Financial LLC1,451,615$133.7M0.04%+428,534+41.9%Added
Victory Capital Management Inc1,399,866$129.0M0.08%+928,820+197.2%Added
Deutsche Bank AG1,399,380$128.9M0.04%+268,769+23.8%Added
London Co of Virginia1,354,123$124.7M0.77%−91,760−6.3%Reduced
Pacer Advisors, Inc.1,322,323$121.8M0.35%+1,170,937+773.5%Added
Royal Bank of Canada1,316,671$121.3M0.02%+48,797+3.8%Added
Renaissance Technologies LLC1,166,201$107.4M0.17%+72,000+6.6%Added
Hamlin Capital Management, LLC1,137,170$104.8M2.53%−221,855−16.3%Reduced
Millennium Management LLC1,134,979$104.6M0.08%+1,018,447+874.0%Added
FMR LLC1,059,823$97.6M0.01%+390,151+58.3%Added
California Public Employees Retirement System1,031,353$95.0M0.06%−329,241−24.2%Reduced
Neuberger Berman Group LLC1,027,122$94.6M0.07%+117,722+12.9%Added
The PNC Financial Services Group, Inc.1,005,223$92.6M0.05%+34,823+3.6%Added
Voloridge Investment Management, LLC988,820$91.1M0.36%−362,391−26.8%Reduced
Nuveen, LLC980,154$90.3M0.02%+107,269+12.3%Added
Swiss Life Asset Management Ltd975,247$89.8M0.44%+116,168+13.5%Added
Confluence Investment Management LLC969,809$89.3M1.39%−17,450−1.8%Reduced
Swiss National Bank948,100$87.3M0.05%+60,500+6.8%Added
Barclays PLC923,372$85.1M0.03%−299,175−24.5%Reduced
AQR Capital Management LLC912,572$84.1M0.04%+800,308+712.9%Added
Sumitomo Mitsui Trust Holdings, Inc.859,680$79.2M0.05%−46,723−5.2%Reduced
McDonald Capital Investors Inc839,205$77.3M5.29%−3,656−0.4%Reduced
Citigroup Inc801,841$73.9M0.05%+412,247+105.8%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.777,560$71.6M0.05%+70,589+10.0%Added
Baird Financial Group, Inc.770,007$70.9M0.11%+3,629+0.5%Added
Franklin Resources Inc763,914$70.4M0.02%−30,537−3.8%Reduced
Alliancebernstein L.P.619,761$69.5M0.02%+153,356+32.9%Added
CI Private Wealth, LLC742,114$68.4M0.10%−69,181−8.5%Reduced
HSBC Holdings PLC723,499$66.7M0.04%−44,859−5.8%Reduced
Vanguard Global Advisers, LLC706,706$65.1M0.03%+706,706New
National Pension Service684,974$63.1M0.05%+145,237+26.9%Added
PFA Pension, Forsikringsaktieselskab668,703$61.6M0.19%−857−0.1%Reduced
Vanguard Asset Management, Ltd658,813$60.7M0.05%+658,813New
BNP Paribas Arbitrage, SA645,339$59.4M0.04%−235,807−26.8%Reduced
Rhumbline Advisers638,244$58.8M0.05%−26,024−3.9%Reduced
Price T Rowe Associates Inc631,838$58.2M0.01%−12,251−1.9%Reduced
Wedge Capital Management L L P563,967$52.0M0.96%+10,172+1.8%Added
California State Teachers Retirement System560,908$51.7M0.05%−13,535−2.4%Reduced
Crawford Investment Counsel Inc557,215$51.3M0.88%+509,091+1,057.9%Added
Donaldson Capital Management, LLC555,849$51.2M1.66%+148,718+36.5%Added
Nomura Asset Management Co Ltd531,468$49.0M0.13%+60,596+12.9%Added
Capital International Inc523,157$48.2M0.37%+115,017+28.2%Added
Epoch Investment Partners, Inc.516,948$47.6M0.29%+130,269+33.7%Added
Woodline Partners LP516,587$47.6M0.18%+461,323+834.8%Added
Mariner, LLC510,693$47.0M0.05%+20,537+4.2%Added
ProShare Advisors LLC505,455$46.6M0.07%−123,375−19.6%Reduced
DekaBank Deutsche Girozentrale494,586$46.3M0.08%00.0%Unchanged
Bahl & Gaynor Inc487,387$44.9M0.23%−1,205,622−71.2%Reduced
Welch Group, LLC484,448$44.6M1.68%+77,646+19.1%Added
Bank of Nova Scotia468,814$43.2M0.08%+74,521+18.9%Added
Lazard Asset Management LLC465,374$42.9M0.07%+465,374New
BNP PARIBAS ASSET MANAGEMENT Holding S.A.460,808$42.4M0.05%−217,553−32.1%Reduced
Assenagon Asset Management S.A.455,607$42.0M0.07%+254,727+126.8%Added
Capital World Investors440,000$40.5M0.01%00.0%Unchanged
Nordea Investment Management AB436,182$40.4M0.04%−721,303−62.3%Reduced
Willis Investment Counsel437,030$40.3M2.20%+110,358+33.8%Added
Miller Howard Investments Inc430,548$39.7M1.08%+51,477+13.6%Added
Old Republic International Corporation423,100$39.0M1.55%00.0%Unchanged
Cerity Partners LLC422,426$38.9M0.06%+57,663+15.8%Added
Mirae Asset Global Investments Co., Ltd.422,213$38.9M0.11%−47,577−10.1%Reduced
Principal Financial Group Inc406,885$37.5M0.02%+16,883+4.3%Added
Quantinno Capital Management LP388,686$35.8M0.06%+216,781+126.1%Added
Grandfield & Dodd, LLC386,178$35.6M2.01%+18,346+5.0%Added
Wiley Bros.-Aintree Capital, LLC371,350$34.2M0.17%−17,590−4.5%Reduced
Troy Asset Management Ltd365,950$33.7M1.01%−209,815−36.4%Reduced
Welch & Forbes LLC362,116$33.4M0.43%−6,357−1.7%Reduced
MML Investors Services, LLC348,003$32.1M0.09%−25,104−6.7%Reduced
Fort Washington Investment Advisors Inc343,109$31.6M0.17%+13,524+4.1%Added
Alps Advisors Inc339,433$31.3M0.15%+63,278+22.9%Added
Bank of Montreal324,050$29.9M0.01%−41,890−11.4%Reduced