PaychexPAYX
13F holders, Q1 2025 (March 31)At the end of Q1 2025, 1,703 institutions reported holding Paychex Inc. (PAYX) in their 13F filings, up 68 from Q4 2024. 140 opened new positions and 68 sold out. The largest holders were Vanguard Group Inc. ($4.9B), BlackRock, Inc. ($4.2B) and Capital International Investors ($4.0B). 7 famous investors held it, including Tom Gayner (0.2% of Markel Group's portfolio), Joel Greenblatt (0.1% of Gotham Asset Management's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- Paychex Inc.
- Sector
- Industrials
- CUSIP
- 704326107
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 140 | $190.8M |
| Exits | 68 | $141.4M |
All 13F filers, Q4 2024 → Q1 2025: 11,959,345 shares bought and 11,801,009 shares sold, net +158,336 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 1,703 holders
| Vanguard Group Inc. | 0.09% | Add +0.9% | 31,807,843 | $4.9B |
| BlackRock, Inc. | 0.09% | Add +1.2% | 27,130,381 | $4.2B |
| Capital International Investors | 0.78% | Reduce -4.6% | 25,659,515 | $4.0B |
| State Street Corp. | 0.09% | Add +0.7% | 13,710,773 | $2.1B |
| Charles Schwab Investment Management Inc. | 0.31% | Add +7.3% | 10,782,173 | $1.7B |
| Geode Capital Management, LLC | 0.12% | Add +3.9% | 9,908,924 | $1.5B |
| Wells Fargo & Company | 0.35% | Reduce -0.5% | 9,337,161 | $1.4B |
| Bank of New York Mellon Corp | 0.28% | Reduce -4.2% | 9,070,548 | $1.4B |
| Morgan Stanley | 0.07% | Reduce -20.4% | 5,976,037 | $922.0M |
| Bank of America Corp. | 0.08% | Add +9.4% | 5,875,359 | $906.5M |
| Northern Trust Corp. | 0.11% | Add +3.8% | 4,989,182 | $769.7M |
| Invesco Ltd. | 0.12% | Add +0.8% | 4,135,296 | $638.0M |
| Select Equity Group, L.P. | 2.41% | Add +99.0% | 3,494,312 | $539.1M |
| UBS Group AG | 0.11% | Add +5.7% | 3,349,365 | $516.7M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.13% | Add +6.3% | 3,326,529 | $513.2M |
| Goldman Sachs Group Inc. | 0.08% | Add +4.8% | 2,841,849 | $438.4M |
| Dimensional Fund Advisors LP | 0.11% | Add +3.8% | 2,785,703 | $429.7M |
| Legal & General Group Plc | 0.11% | Add +0.3% | 2,540,837 | $392.0M |
| Ameriprise Financial Inc. | 0.09% | Add +5.5% | 2,262,846 | $349.9M |
| Envestnet Asset Management Inc. | 0.10% | Reduce -10.8% | 2,052,210 | $316.6M |
| FIL Ltd | 0.30% | Reduce -21.5% | 2,018,312 | $311.4M |
| JPMorgan Chase & Co. | 0.02% | Add +36.9% | 1,968,564 | $303.7M |
| TD Asset Management Inc | 0.27% | Reduce -2.0% | 1,934,337 | $298.4M |
| Epoch Investment Partners, Inc. | 1.47% | Reduce -1.8% | 1,841,132 | $284.0M |
| First Trust Advisors LP | 0.24% | Reduce -11.3% | 1,767,299 | $272.7M |
| Bahl & Gaynor LLC | 1.38% | Add +4.8% | 1,755,442 | $270.8M |
| Guinness Asset Management LTD | 4.71% | Reduce -2.6% | 1,606,726 | $247.6M |
| London Co. of Virginia | 1.40% | Reduce -3.5% | 1,589,519 | $245.2M |
| Schroder Investment Management Group | 0.25% | Add +19.2% | 1,616,450 | $244.1M |
| Capital World Investors | 0.04% | Reduce -43.7% | 1,550,514 | $239.2M |
| Capital Research Global Investors | 0.05% | No change | 1,519,430 | $234.4M |
| Royal Bank of Canada | 0.05% | Reduce -17.7% | 1,488,709 | $229.7M |
| California Public Employees Retirement System | 0.16% | Reduce -1.1% | 1,441,705 | $222.4M |
| Federated Hermes, Inc. | 0.46% | Reduce -10.2% | 1,396,038 | $215.4M |
| Hamlin Capital Management, LLC | 4.70% | Add +1.6% | 1,271,968 | $196.2M |
| Raymond James Financial Inc. | 0.07% | Reduce -5.8% | 1,236,934 | $190.8M |
| Neuberger Berman Group LLC | 0.16% | Add +117.6% | 1,217,092 | $187.5M |
| Deutsche Bank AG | 0.07% | Reduce -4.4% | 1,161,691 | $179.2M |
| Confluence Investment Management LLC | 2.37% | Reduce -3.3% | 1,065,458 | $164.4M |
| Amundi | 0.06% | Reduce -32.8% | 1,030,767 | $158.3M |
| HSBC Holdings PLC | 0.10% | Add +0.5% | 1,016,679 | $156.5M |
| Barclays PLC | 0.07% | Add +6.1% | 935,728 | $144.4M |
| Swiss National Bank | 0.10% | Reduce -0.1% | 913,900 | $141.0M |
| McDonald Capital Investors Inc. | 8.75% | Reduce -1.3% | 899,476 | $138.8M |
| BNP Paribas Financial Markets | 0.11% | Reduce -25.6% | 897,607 | $138.5M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.31% | Add +6.7% | 894,329 | $138.0M |
| Sumitomo Mitsui Trust Group, Inc. | 0.10% | Add +5.5% | 885,406 | $136.6M |
| Nuveen, LLC | 0.04% | — | 869,796 | $134.2M |
| Corient Private Wealth LP | 0.22% | Reduce -7.2% | 860,705 | $132.8M |
| Baird Financial Group, Inc. | 0.25% | Reduce -8.0% | 857,665 | $132.3M |
| FMR LLC | 0.01% | Add +7.5% | 838,863 | $129.4M |
| Stifel Financial Corp. | 0.14% | Add +2.0% | 837,847 | $129.3M |
| LPL Financial LLC | 0.05% | Add +3.2% | 821,358 | $126.7M |
| Franklin Resources Inc. | 0.04% | Reduce -3.8% | 776,547 | $119.8M |
| T. Rowe Price Associates Inc. | 0.01% | Add +2.4% | 753,450 | $116.2M |
| Nordea Investment Management AB | 0.12% | Reduce -7.2% | 735,414 | $112.0M |
| Rhumbline Advisers | 0.10% | Add +11.3% | 717,783 | $110.7M |
| PNC Financial Services Group, Inc. | 0.06% | Add +0.1% | 712,024 | $109.9M |
| CANADA LIFE ASSURANCE Co | 0.19% | Add +5.5% | 699,049 | $108.0M |
| Citigroup Inc. | 0.08% | Add +17.6% | 642,006 | $99.0M |
| Swiss Life Asset Management Ltd | 0.70% | Add +2.8% | 620,613 | $95.7M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.09% | Add +13.8% | 608,910 | $93.9M |
| Nomura Asset Management Co. Ltd. | 0.28% | Add +1.7% | 591,628 | $91.3M |
| Mawer Investment Management Ltd. | 0.44% | Reduce -23.0% | 591,480 | $91.3M |
| Troy Asset Management Ltd | 2.46% | Reduce -15.9% | 618,451 | $90.0M |
| Bank of Montreal | 0.05% | Reduce -12.9% | 576,836 | $89.0M |
| Miller Howard Investments Inc. | 2.67% | Reduce -1.5% | 543,413 | $83.8M |
| California State Teachers Retirement System | 0.10% | Reduce -0.7% | 540,174 | $83.3M |
| ProShare Advisors LLC | 0.18% | Add +13.9% | 520,292 | $80.3M |
| Mariner, LLC | 0.13% | Add +0.4% | 488,759 | $75.4M |
| DekaBank Deutsche Girozentrale | 0.15% | Add +1.0% | 499,337 | $74.3M |
| National Pension Service | 0.07% | Add +9.3% | 472,408 | $72.9M |
| Alliancebernstein L.P. | 0.03% | Reduce -15.1% | 469,476 | $72.4M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.19% | Add +19.8% | 460,378 | $71.0M |
| Principal Financial Group Inc. | 0.04% | Add +2.4% | 430,113 | $66.4M |
| Donaldson Capital Management, LLC | 2.49% | Add +1.2% | 427,866 | $66.0M |
| Old Republic International Corp. | 2.54% | Reduce -1.3% | 423,100 | $65.3M |
| BI Asset Management Fondsmaeglerselskab A/S | 0.73% | Add +28.1% | 422,413 | $65.2M |
| Fenimore Asset Management Inc | 1.36% | Reduce -0.5% | 417,429 | $64.4M |
| Welch Group, LLC | 2.65% | Reduce -1.3% | 398,409 | $60.2M |
| Mirae Asset Global Investments Co., Ltd. | 0.24% | Add +13.5% | 394,107 | $59.5M |
| Marshall Wace, LLP | 0.08% | Add +23699.8% | 385,795 | $59.5M |
| Grandfield & Dodd, LLC | 3.63% | Reduce -0.8% | 379,557 | $58.6M |
| Welch & Forbes LLC | 0.76% | Reduce -1.5% | 378,711 | $58.4M |
| Wedge Capital Management L L P | 1.10% | Reduce -19.0% | 369,134 | $56.9M |
| Adage Capital Partners Gp, L.L.C. | 0.11% | Add +110.9% | 367,446 | $56.7M |
| Capital Group Private Client Services, Inc. | 0.55% | Add +900.9% | 364,856 | $56.3M |
| Cerity Partners LLC | 0.11% | Add +0.4% | 356,794 | $55.0M |
| National Bank of Canada | 0.06% | Add +29.9% | 354,312 | $54.7M |
| GW&K Investment Management, LLC | 0.49% | Add +0.6% | 344,620 | $53.2M |
| Fort Washington Investment Advisors Inc. | 0.33% | Add +4.9% | 343,644 | $53.0M |
| MML Investors Services, LLC | 0.17% | Add +2.0% | 333,587 | $51.5M |
| Jacobs Levy Equity Management, Inc. | 0.20% | New | 332,180 | $51.2M |
| Victory Capital Management Inc. | 0.05% | Reduce -24.8% | 318,869 | $49.2M |
| State Board of Administration of Florida Retirement System | 0.10% | Add +0.5% | 310,519 | $47.9M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.10% | Add +4.3% | 301,197 | $46.5M |
| Macquarie Group Ltd. | 0.06% | Reduce -8.8% | 297,308 | $45.9M |
| AXA S.A. | 0.15% | Add +69.7% | 294,499 | $45.4M |
| APG Asset Management N.V. | 0.14% | Reduce -8.3% | 312,760 | $44.7M |
| New York State Teachers Retirement System | 0.10% | Reduce -1.5% | 289,276 | $44.6M |
"% of holder's portfolio" is PAYX's weight in each manager's 13F, not the share of Paychex Inc. the manager owns.