PAYCHEX INC (PAYX) — Institutional Holders, Q2 2026

1,539 institutional investment managers reported a PAYX position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $29.1B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← PAYX stock profile

PAYX in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

147

Added to

635

Trimmed

538

Sold out

121

Biggest buyers

Invesco Ltd.Added · +7,789,747 sh+$766.0M
VICTORY CAPITAL MANAGEMENTAdded · +1,341,349 sh+$131.9M
Pacer AdvisorsNew · +1,309,600 sh+$128.8M
MORGAN STANLEYAdded · +1,242,795 sh+$122.2M
MILLENNIUM MANAGEMENTAdded · +1,194,645 sh+$117.5M

Biggest sellers

Capital Research Global InvestorsSold out · -2,098,312 sh-$206.3M
AMERIPRISE FINANCIALTrimmed · -1,623,732 sh-$159.7M
Select Equity Group, L.P.Trimmed · -1,349,858 sh-$132.7M
Capital International InvestorsTrimmed · -1,108,241 sh-$109.0M
VOLORIDGE INVESTMENT MANAGEMENTSold out · -988,820 sh-$97.2M

PAYX 13F holders ranked 1–100 of 1,539

Institutional investors reporting a position in PAYCHEX INC on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	Capital International Investors#1 · 28,840,445 sh	28,840,445	$2.8B	0.59%	-3.7%
2	BlackRock#2 · 27,753,178 sh	27,753,178	$2.7B	0.04%	-2.3%
3	VANGUARD CAPITAL MANAGEMENT#3 · 21,040,690 sh	21,040,690	$2.1B	0.04%	+0.4%
4	VANGUARD PORTFOLIO MANAGEMENT#4 · 15,277,715 sh	15,277,715	$1.5B	0.07%	+0.2%
5	STATE STREET#5 · 14,411,341 sh	14,411,341	$1.4B	0.04%	+2.6%
6	Invesco Ltd.#6 · 13,040,655 sh	13,040,655	$1.3B	0.10%	+148.4%
7	CHARLES SCHWAB INVESTMENT MANAGEMENT#7 · 10,402,177 sh	10,402,177	$1.0B	0.14%	+11.0%
8	GEODE CAPITAL MANAGEMENT#8 · 10,250,030 sh	10,250,030	$1.0B	0.05%	-0.2%
9	MORGAN STANLEY#9 · 6,540,823 sh	6,540,823	$643.2M	0.03%	+23.5%
10	FEDERATED HERMES#10 · 5,881,768 sh	5,881,768	$578.4M	0.83%	-0.1%
11	GOLDMAN SACHS GROUP#11 · 4,619,471 sh	4,619,471	$454.2M	0.04%	+16.7%
12	BANK OF AMERICA#12 · 4,414,326 sh	4,414,326	$434.1M	0.03%	+2.1%
13	NORTHERN#13 · 4,006,462 sh	4,006,462	$394.0M	0.05%	+0.2%
14	WELLS FARGO & COMPANY#14 · 3,852,234 sh	3,852,234	$378.8M	0.06%	-9.1%
15	FIRST ADVISORS#15 · 3,366,093 sh	3,366,093	$331.0M	0.19%	+43.6%
16	UBS Group AG#16 · 3,303,592 sh	3,303,592	$324.8M	0.04%	-6.5%
17	JPMORGAN CHASE#17 · 2,838,927 sh	2,838,927	$283.4M	0.02%	+3.5%
18	ENVESTNET ASSET MANAGEMENT#18 · 2,764,004 sh	2,764,004	$271.8M	0.06%	-0.4%
19	VICTORY CAPITAL MANAGEMENT#19 · 2,741,215 sh	2,741,215	$269.5M	0.15%	+95.8%
20	DIMENSIONAL FUND ADVISORS#20 · 2,706,479 sh	2,706,479	$266.2M	0.05%	-4.1%
21	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#21 · 2,669,450 sh	2,669,450	$262.5M	0.05%	-1.1%
22	MILLENNIUM MANAGEMENT#22 · 2,329,624 sh	2,329,624	$229.1M	0.08%	+105.3%
23	Select Equity Group, L.P.#23 · 2,320,215 sh	2,320,215	$228.1M	1.13%	-36.8%
24	NORGES BANK#24 · 2,131,253 sh	2,131,253	$209.6M	0.02%	—
25	Legal & General Group Plc#25 · 2,107,031 sh	2,107,031	$207.2M	0.04%	-10.2%
26	STIFEL FINANCIAL#26 · 2,045,500 sh	2,045,500	$201.1M	0.17%	+10.8%
27	AQR CAPITAL MANAGEMENT#27 · 2,040,389 sh	2,040,389	$200.6M	0.07%	+123.6%
28	Bank of New York Mellon#28 · 1,968,422 sh	1,968,422	$193.6M	0.03%	-2.0%
29	Guinness Asset Management LTD#29 · 1,856,567 sh	1,856,567	$182.0M	3.08%	-5.7%
30	VANGUARD FIDUCIARY#30 · 1,810,554 sh	1,810,554	$178.0M	0.04%	-1.2%
31	RAYMOND JAMES FINANCIAL#31 · 1,768,882 sh	1,768,882	$173.9M	0.05%	+1.0%
32	FMR#32 · 1,655,897 sh	1,655,897	$162.8M	<0.01%	+56.2%
33	Amundi#33 · 1,561,968 sh	1,561,968	$153.6M	0.04%	-4.4%
34	DEUTSCHE BANK AG\#34 · 1,532,704 sh	1,532,704	$150.7M	0.04%	+9.5%
35	LPL Financial#35 · 1,503,466 sh	1,503,466	$147.8M	0.03%	+3.6%
36	LONDON OF VIRGINIA#36 · 1,326,406 sh	1,326,406	$130.4M	0.74%	-2.0%
37	Pacer Advisors#37 · 1,309,600 sh	1,309,600	$128.8M	0.33%	New
38	ROYAL BANK OF CANADA#38 · 1,199,204 sh	1,199,204	$117.9M	0.02%	-8.9%
39	Hamlin Capital Management#39 · 1,196,771 sh	1,196,771	$117.7M	—	+5.2%
40	PNC FINANCIAL SERVICES GROUP#40 · 1,054,013 sh	1,054,013	$103.6M	0.05%	+4.9%
41	Nuveen#41 · 1,012,695 sh	1,012,695	$99.6M	0.02%	+3.3%
42	MARSHALL WACE, LLP#42 · 970,878 sh	970,878	$95.5M	0.08%	+365.6%
43	CONFLUENCE INVESTMENT MANAGEMENT#43 · 952,424 sh	952,424	$93.7M	—	-1.8%
44	Swiss National Bank#44 · 909,500 sh	909,500	$89.4M	0.05%	-4.1%
45	Swiss Life Asset Management Ltd#45 · 888,495 sh	888,495	$87.4M	0.36%	-8.9%
46	Sumitomo Mitsui#46 · 818,822 sh	818,822	$80.5M	0.05%	-4.8%
47	HSBC PLC#47 · 814,857 sh	814,857	$80.1M	0.03%	+12.6%
48	Mitsubishi UFJ Asset Management , Ltd.#48 · 810,344 sh	810,344	$79.7M	0.04%	+4.2%
49	BNP Paribas Asset Management Holding S.A.#49 · 801,817 sh	801,817	$78.8M	0.08%	+74.0%
50	Baird Financial Group#50 · 775,030 sh	775,030	$76.2M	0.10%	+0.7%
51	MCDONALD CAPITAL INVESTORS#51 · 772,536 sh	772,536	$76.0M	5.55%	-7.9%
52	Gotham Asset Management#52 · 757,118 sh	757,118	$74.4M	0.17%	+174.6%
53	Corient Private Wealth#53 · 747,865 sh	747,865	$73.5M	0.10%	+0.8%
54	VANGUARD ASSET MANAGEMENT, Ltd#54 · 736,362 sh	736,362	$72.4M	0.05%	+11.8%
55	CRAWFORD INVESTMENT COUNSEL#55 · 720,389 sh	720,389	$70.8M	1.18%	+29.3%
56	BARCLAYS PLC#56 · 710,745 sh	710,745	$69.9M	0.01%	-23.0%
57	Vanguard Global Advisers#57 · 695,633 sh	695,633	$68.4M	0.03%	-1.6%
58	BNP PARIBAS FINANCIAL MARKETS#58 · 690,182 sh	690,182	$67.9M	0.02%	+6.9%
59	National Pension Service#59 · 685,708 sh	685,708	$67.4M	0.04%	+0.1%
60	PRICE T ROWE ASSOCIATES#60 · 679,897 sh	679,897	$66.9M	<0.01%	+7.6%
61	Quantinno Capital Management#61 · 675,216 sh	675,216	$66.4M	0.08%	+73.7%
62	RHUMBLINE ADVISERS#62 · 611,792 sh	611,792	$60.2M	0.05%	-4.1%
63	Mariner#63 · 590,371 sh	590,371	$58.1M	0.06%	+15.6%
64	CITIGROUP#64 · 581,950 sh	581,950	$57.2M	0.02%	-27.4%
65	DONALDSON CAPITAL MANAGEMENT#65 · 581,263 sh	581,263	$57.2M	1.63%	+4.6%
66	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#66 · 565,498 sh	565,498	$55.6M	0.03%	-45.2%
67	NOMURA ASSET MANAGEMENT LTD#67 · 525,976 sh	525,976	$51.7M	0.11%	-1.0%
68	Woodline Partners#68 · 504,835 sh	504,835	$49.6M	0.15%	-2.3%
69	MILLER HOWARD INVESTMENTS#69 · 503,623 sh	503,623	$49.5M	—	+17.0%
70	Welch Group#70 · 503,577 sh	503,577	$49.5M	1.69%	+3.9%
71	Mirae Asset Global Investments , Ltd.#71 · 492,340 sh	492,340	$48.4M	0.07%	+16.6%
72	ALLIANCEBERNSTEIN L.P.#72 · 520,422 sh	520,422	$47.9M	0.02%	-16.0%
73	Capital International#73 · 483,287 sh	483,287	$47.5M	0.33%	-7.6%
74	Cerity Partners#74 · 476,046 sh	476,046	$46.8M	0.06%	+12.7%
75	Willis Investment Counsel#75 · 467,688 sh	467,688	$46.0M	—	+7.0%
76	DekaBank Deutsche Girozentrale#76 · 494,586 sh	494,586	$45.4M	0.08%	0.0%
77	CITADEL ADVISORS#77 · 432,434 sh	432,434	$42.5M	<0.01%	+242.0%
78	MML INVESTORS SERVICES#78 · 423,834 sh	423,834	$41.7M	0.09%	+21.8%
79	OLD REPUBLIC INTERNATIONAL#79 · 423,100 sh	423,100	$41.6M	—	0.0%
80	PFA Pension, Forsikringsaktieselskab#80 · 418,426 sh	418,426	$41.1M	0.10%	-37.4%
81	GRANDFIELD & DODD#81 · 417,092 sh	417,092	$41.0M	2.15%	+8.0%
82	Prana Capital Management#82 · 400,110 sh	400,110	$39.3M	1.19%	+554.4%
83	WILEY BROS.-AINTREE CAPITAL#83 · 398,076 sh	398,076	$39.2M	0.16%	+7.2%
84	PRINCIPAL FINANCIAL GROUP#84 · 393,800 sh	393,800	$38.7M	0.02%	-3.2%
85	AMERIPRISE FINANCIAL#85 · 392,986 sh	392,986	$38.7M	<0.01%	-80.5%
86	ProShare Advisors#86 · 384,365 sh	384,365	$37.8M	0.05%	-24.0%
87	FRANKLIN RESOURCES#87 · 381,691 sh	381,691	$37.5M	<0.01%	-50.0%
88	BANK OF MONTREAL#88 · 373,035 sh	373,035	$36.7M	0.01%	+15.1%
89	WELCH & FORBES#89 · 363,475 sh	363,475	$35.7M	0.43%	+0.4%
90	LAZARD ASSET MANAGEMENT#90 · 357,343 sh	357,343	$35.1M	0.05%	-23.2%
91	BAILLIE GIFFORD#91 · 348,859 sh	348,859	$34.3M	0.03%	+7.8%
92	FORT WASHINGTON INVESTMENT ADVISORS#92 · 343,991 sh	343,991	$33.8M	—	+0.3%
93	RWC Asset Management LLP#93 · 329,670 sh	329,670	$32.4M	—	+1.9%
94	Russell Investments Group, Ltd.#94 · 326,344 sh	326,344	$32.2M	0.03%	+13.9%
95	Creative Planning#95 · 321,743 sh	321,743	$31.6M	0.02%	+44.3%
96	ALPS ADVISORS#96 · 319,275 sh	319,275	$31.4M	0.15%	-5.9%
97	Universal- Beteiligungs- und Servicegesellschaft mbH#97 · 313,893 sh	313,893	$30.9M	0.05%	-2.5%
98	TOCQUEVILLE ASSET MANAGEMENT L.P.#98 · 310,631 sh	310,631	$30.5M	0.40%	+157.8%
99	CAPITAL ADVISORS#99 · 302,296 sh	302,296	$29.7M	0.44%	+2.0%
100	Connor, Clark & Lunn Investment Management Ltd.#100 · 294,257 sh	294,257	$28.9M	0.05%	+21.3%

Funds that sold out of PAYX in Q2 2026 (121)

Held PAYX at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held PAYX in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Capital Research Global Investors2,098,312 sh	2,098,312	$193.4M
VOLORIDGE INVESTMENT MANAGEMENT988,820 sh	988,820	$91.1M
WEDGE CAPITAL MANAGEMENT L L P563,967 sh	563,967	$52.0M
Epoch Investment Partners516,948 sh	516,948	$47.6M
Capital World Investors440,000 sh	440,000	$40.5M
First Long Island Investors127,152 sh	127,152	$11.7M
Sone Capital Management103,401 sh	103,401	$9.5M
Kepler Cheuvreux (Suisse) SA76,519 sh	76,519	$7.0M
Edgestream Partners, L.P.69,763 sh	69,763	$6.4M
Weiss Asset Management63,900 sh	63,900	$5.9M
Sienna Gestion52,729 sh	52,729	$4.9M
Quantitative Investment Management39,272 sh	39,272	$3.6M
Arete Wealth Advisors35,351 sh	35,351	$2.9M
Motley Fool Wealth Management31,387 sh	31,387	$2.9M
Farringdon Capital, Ltd.24,900 sh	24,900	$2.3M
Magnetar Financial20,799 sh	20,799	$1.9M
CAXTON ASSOCIATES LLP19,572 sh	19,572	$1.8M
Knollwood Investment Advisory19,068 sh	19,068	$1.8M
Ramirez Asset Management16,992 sh	16,992	$1.6M
PARR MCKNIGHT WEALTH MANAGEMENT GROUP15,025 sh	15,025	$1.4M
NATIXIS11,458 sh	11,458	$1.1M
Portfolio Design Labs11,412 sh	11,412	$1.1M
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.11,248 sh	11,248	$1.0M
Golden State Equity Partners11,155 sh	11,155	$1.0M
Pacific Point Advisors10,103 sh	10,103	$930.7K
Main Management ETF Advisors9,496 sh	9,496	$875.0K
Campbell & Investment Adviser9,234 sh	9,234	$850.6K
Dynamic Technology Lab Private Ltd9,233 sh	9,233	$850.5K
Fieldview Capital Management8,220 sh	8,220	$757.2K
TRAN CAPITAL MANAGEMENT, L.P.7,887 sh	7,887	$726.5K
Voleon Capital Management7,153 sh	7,153	$658.9K
BTS Asset Management6,365 sh	6,365	$586.3K
FORA Capital5,884 sh	5,884	$541.7K
Farmers National Bank5,441 sh	5,441	$501.2K
SkyView Investment Advisors5,270 sh	5,270	$485.0K
BDFS Capital5,182 sh	5,182	$477.3K
ARWA4,880 sh	4,880	$428.7K
KFG WEALTH MANAGEMENT4,648 sh	4,648	$428.2K
Longaeva Partners L.P.4,601 sh	4,601	$423.8K
ABN AMRO Bank N.V.4,473 sh	4,473	$415.6K
Erste Asset Management GmbH4,252 sh	4,252	$395.9K
Delta Global Management4,079 sh	4,079	$375.8K
PEAK63,989 sh	3,989	$367.5K
COMPASS CAPITAL MANAGEMENT3,718 sh	3,718	$342.5K
BERKSHIRE ASSET MANAGEMENT3,585 sh	3,585	$330.2K
IFS Group3,191 sh	3,191	$294.0K
Patriot Financial Group Insurance Agency3,152 sh	3,152	$290.4K
Gateway Wealth Partners3,060 sh	3,060	$281.8K
S-Bank Fund Management Ltd3,010 sh	3,010	$277.3K
Close Asset Management Ltd3,000 sh	3,000	$276.0K
BBR PARTNERS2,941 sh	2,941	$270.9K
Verition Fund Management2,878 sh	2,878	$265.1K
MWA Asset Management1,831 sh	1,831	$264.5K
Flaharty Asset Management2,850 sh	2,850	$262.5K
Nikulski Financial2,825 sh	2,825	$260.2K
River Street Advisors2,811 sh	2,811	$258.9K
BOOTHBAY FUND MANAGEMENT2,746 sh	2,746	$253.0K
MIRABELLA FINANCIAL SERVICES LLP2,705 sh	2,705	$249.2K
ICW Investment Advisors2,637 sh	2,637	$242.9K
SIGMA INVESTMENT COUNSELORS2,634 sh	2,634	$242.6K
Meridian Wealth Management2,621 sh	2,621	$241.5K
Lombard Odier Asset Management (USA)2,612 sh	2,612	$240.6K
SIMON QUICK ADVISORS2,485 sh	2,485	$228.9K
Renasant Bank2,473 sh	2,473	$227.8K
ANCHYRA PARTNERS2,457 sh	2,457	$226.3K
KNIGHTSBRIDGE ASSET MANAGEMENT2,453 sh	2,453	$226.0K
Edgemoor Investment Advisors2,389 sh	2,389	$220.2K
Hoxton Planning & Management2,387 sh	2,387	$219.9K
SWMG2,377 sh	2,377	$219.0K
WNY Asset Management2,372 sh	2,372	$218.5K
Fulcrum Capital2,353 sh	2,353	$216.8K
DC Investments Management2,349 sh	2,349	$216.4K
Linscomb Wealth2,306 sh	2,306	$212.4K
PATTON FUND MANAGEMENT2,296 sh	2,296	$211.5K
Pettee Investors2,275 sh	2,275	$210.7K
San Luis Wealth Advisors2,285 sh	2,285	$210.5K
Caprock Group2,218 sh	2,218	$204.3K
ZACKS INVESTMENT MANAGEMENT2,184 sh	2,184	$201.2K
Point2,177 sh	2,177	$200.5K
Destiny Wealth Partners1,569 sh	1,569	$144.5K
Longview Financial Advisors1,230 sh	1,230	$113.3K
Wall Street Financial Group1,034 sh	1,034	$95.3K
Board of the Pension Protection Fund900 sh	900	$82.9K
Global Assets Advisory895 sh	895	$82.4K
Root Financial Partners895 sh	895	$82.4K
Kohmann Bosshard Financial Services876 sh	876	$80.7K
Birch Capital Management798 sh	798	$73.5K
SOA Wealth Advisors772 sh	772	$71.1K
BALLAST ADVISORS700 sh	700	$64.5K
DAGCO646 sh	646	$59.5K
Security National Bank640 sh	640	$59.0K
Missouri & Investment637 sh	637	$58.7K
Opal Wealth Advisors552 sh	552	$50.8K
Meramec Financial Planners522 sh	522	$48.6K
Timothy G. Youngquist 2020 Irrevocable521 sh	521	$48.0K
Global Wealth Strategies & Associates518 sh	518	$47.7K
TWIN PEAKS WEALTH ADVISORS486 sh	486	$44.8K
Innovative Asset Advisors Group478 sh	478	$44.0K
Tradewinds Capital Management450 sh	450	$41.5K
Front Row Advisors376 sh	376	$34.6K

And 21 smaller positions.

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.