13F

Stock

Paychex Inc

PAYX · held by 1,583 managers

Reported value

$31.5B

Holders

1,583

+5 new · −11 exited

Holders’ est. mark

−$190.8M

Price effect on 8 books still in the name

Largest holder

$4.75B

Vanguard

Notable conviction

Share of each notable manager’s 13F book.

Holder count by quarter

Who holds it

Notable only
InvestorSharesValueEst. markChange
Vanguard42.3M$4.75BHeld
Capital International Investors30.3M$3.4BHeld
BlackRock, Inc.27.9M$3.13BHeld
State Street14M$1.57BHeld
CHARLES SCHWAB INVESTMENT MANAGEMENT INC11.6M$1.3BHeld
GEODE CAPITAL MANAGEMENT, LLC9.71M$1.09BHeld
WELLS FARGO & COMPANY/MN6.49M$728MHeld
Select Equity Group, L.P.5.72M$641.2MHeld
BANK OF AMERICA CORP /DE/5.35M$600.3M−$78MCut−$114.3M
MORGAN STANLEY4.84M$543.3M−$70.6MCut−$73.2M
NORTHERN TRUST CORP4.34M$486.4MHeld
Invesco Ltd.3.96M$444.3MHeld
GOLDMAN SACHS GROUP INC3.65M$409.4MHeld
UBS Group AG3.43M$384.9MHeld
DIMENSIONAL FUND ADVISORS LP2.88M$323.4MHeld
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC2.69M$301.8MHeld
Legal & General Group Plc2.46M$275.5MHeld
FEDERATED HERMES, INC.2.41M$270.3MHeld
NORGES BANK2.3M$257.7M−$4.47MAdded$241.3M
ENVESTNET ASSET MANAGEMENT INC2.22M$248.8MHeld
FIRST TRUST ADVISORS LP2.07M$231.7MHeld
Bank of New York Mellon Corp2.04M$228.7MHeld
AMERIPRISE FINANCIAL INC1.93M$216.5MHeld
Capital Research Global Investors1.92M$215.1MHeld
Guinness Asset Management LTD1.73M$196.3MHeld
BAHL & GAYNOR INC1.69M$189.9MHeld
Amundi1.61M$180.1MHeld
LONDON CO OF VIRGINIA1.45M$162.2MHeld
JPMORGAN CHASE & CO1.43M$160.9MHeld
California Public Employees Retirement System1.36M$152.6MHeld
Hamlin Capital Management, LLC1.36M$152.5MHeld
VOLORIDGE INVESTMENT MANAGEMENT, LLC1.35M$151.6MHeld
RAYMOND JAMES FINANCIAL INC1.32M$147.6MHeld
ROYAL BANK OF CANADA1.27M$142.2MHeld
BARCLAYS PLC1.22M$137.1M−$17.8MCut−$98.1M
NORDEA INVESTMENT MANAGEMENT AB1.16M$130.7MHeld
DEUTSCHE BANK AG\1.13M$126.8MHeld
Renaissance Technologies1.09M$122.7MHeld
LPL Financial LLC1.02M$114.8MHeld
CONFLUENCE INVESTMENT MANAGEMENT LLC987.3K$110.8MHeld
PNC Financial Services Group, Inc.970.4K$108.9MHeld
STIFEL FINANCIAL CORP967.1K$108.5MHeld
NEUBERGER BERMAN GROUP LLC909.4K$102MHeld
Sumitomo Mitsui Trust Group, Inc.906.4K$101.7MHeld
Swiss National Bank887.6K$99.6MHeld
BNP PARIBAS FINANCIAL MARKETS881.1K$98.8MHeld
Nuveen, LLC872.9K$97.9MHeld
Swiss Life Asset Management Ltd859.1K$96.4M−$9.49MAdded$13.9M
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND856.2K$96.1MHeld
MCDONALD CAPITAL INVESTORS INC/CA842.9K$94.6MHeld
Corient Private Wealth LLC811.3K$91MHeld
FRANKLIN RESOURCES INC794.5K$89.1MHeld
HSBC HOLDINGS PLC768.4K$86.3MHeld
Baird Financial Group, Inc.766.4K$86MHeld
Mitsubishi UFJ Asset Management Co., Ltd.707K$76.8MHeld
PFA Pension, Forsikringsaktieselskab669.6K$75.9MHeld
Fidelity669.7K$75.1MHeld
RHUMBLINE ADVISERS664.3K$74.5MHeld
ProShare Advisors LLC628.8K$70.5MHeld
Troy Asset Management Ltd575.8K$64.6M−$3.67MCut−$61.4M
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM574.4K$64.4MHeld
WEDGE CAPITAL MANAGEMENT L L P/NC553.8K$62.1MHeld
National Pension Service539.7K$60.5MHeld
Mariner, LLC490.2K$55MHeld
VICTORY CAPITAL MANAGEMENT INC471K$52.8MHeld
NOMURA ASSET MANAGEMENT CO LTD470.9K$52.8MHeld
Mirae Asset Global Investments Co., Ltd.469.8K$52.7MHeld
ALLIANCEBERNSTEIN L.P.466.4K$52.3MHeld
Capital World Investors440K$49.4MHeld
Fenimore Asset Management Inc425.6K$47.7MHeld
NATIONAL BANK OF CANADA /FI/423.7K$47.5MHeld
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC422.1K$47.4MHeld
Capital International, Inc./CA/408.1K$45.8MHeld
DONALDSON CAPITAL MANAGEMENT, LLC407.1K$45.7MHeld
Welch Group, LLC406.8K$45.6MHeld
BANK OF NOVA SCOTIA394.3K$44.2MHeld
PRINCIPAL FINANCIAL GROUP INC390K$43.8MHeld
CITIGROUP INC389.6K$43.7MHeld
&PARTNERS388.9K$43.5MHeld
Epoch Investment Partners, Inc.386.7K$43.4MHeld
WORLDQUANT MILLENNIUM ADVISORS LLC383.9K$43.1MHeld
MILLER HOWARD INVESTMENTS INC /NY379.1K$42.5MHeld
MML INVESTORS SERVICES, LLC373.1K$41.9MHeld
Welch & Forbes LLC368.5K$41.3MHeld
GRANDFIELD & DODD, LLC367.8K$41.3MHeld
BANK OF MONTREAL /CAN/365.9K$41.1MHeld
Cerity Partners LLC364.8K$40.9MHeld
Gotham Asset Management, LLC357.1K$40.1MHeld
Universal- Beteiligungs- und Servicegesellschaft mbH345.7K$38.9MHeld
RWC Asset Management LLP335K$37.6MHeld
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/329.6K$37MHeld
Willis Investment Counsel326.7K$36.6MHeld
BAILLIE GIFFORD & CO304.1K$34.1MHeld
TWO SIGMA INVESTMENTS, LP297.8K$33.4MHeld
CAPITAL ADVISORS INC/OK289.1K$32.4MHeld
Russell Investments Group, Ltd.281.8K$31.7MHeld
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM281.5K$31.6MHeld
ALPS ADVISORS INC276.2K$31MHeld
TD Asset Management Inc274.6K$30.8MHeld
ABSHER WEALTH MANAGEMENT, LLC273.8K$30.7MHeld
AVIVA PLC271.9K$30.5MHeld
PARTHENON LLC244.9K$27.5MHeld
TWO SIGMA ADVISERS, LP244.2K$27.4MHeld
APG Asset Management N.V.286.8K$27.4MHeld
Citadel241.5K$27.1MHeld
Chevy Chase Trust Holdings, LLC239.6K$26.9MHeld
Aberdeen Group plc239.6K$26.9MHeld
GLENMEDE TRUST CO NA232K$26MHeld
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.231.3K$26MHeld
COMMONWEALTH EQUITY SERVICES, LLC227.5K$25.5MHeld
CIBC Asset Management Inc227K$25.5MHeld
HANCOCK WHITNEY CORP222.4K$25MHeld
ROYAL LONDON ASSET MANAGEMENT LTD220.4K$24.7MHeld
Korea Investment CORP213.7K$24MHeld
Squarepoint Ops LLC213.3K$23.9MHeld
Windsor Advisory Group, LLC211.8K$23.8MHeld
Focus Partners Wealth211.5K$23.7MHeld
TRUIST FINANCIAL CORP208.2K$23.4MHeld
Van Cleef Asset Management,Inc206.6K$23.2MHeld
DANSKE BANK A/S205.3K$23M−$5.59MCut−$1.38M
Connor, Clark & Lunn Investment Management Ltd.204.3K$22.9MHeld
Rathbones Group PLC202.5K$22.7MHeld
Assenagon Asset Management S.A.200.9K$22.5MHeld
MANUFACTURERS LIFE INSURANCE COMPANY, THE200.8K$22.5MHeld
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC202.4K$22.5MHeld
Clarkston Capital Partners, LLC197.9K$22.2MHeld
SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI195.6K$21.9MHeld
Cetera Investment Advisers195K$21.9MHeld
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.193.8K$21.7MHeld
NEOS Investment Management LLC191.9K$21.5MHeld
Pictet Asset Management Holding SA191.6K$21.5MHeld
STOREBRAND ASSET MANAGEMENT AS189.8K$21.3MHeld
NEW YORK STATE COMMON RETIREMENT FUND187.7K$21.1MHeld
Swedbank AB182.2K$20.4MHeld
INVESTMENT HOUSE LLC181K$20.3MHeld
Zurcher Kantonalbank (Zurich Cantonalbank)178.6K$20MHeld
NATIXIS178.2K$20MHeld
ADAGE CAPITAL PARTNERS GP, L.L.C.177.4K$19.9MHeld
US BANCORP \DE\173K$19.4MHeld
Quantinno Capital Management LP171.9K$19.3MHeld
Mitsubishi UFJ Trust & Banking Corp169.3K$19MHeld
STATE OF WISCONSIN INVESTMENT BOARD167.8K$18.8MHeld
Alley Investment Management Company, LLC164.4K$18.4MHeld
GODSEY & GIBB, INC164.1K$18.4MHeld
GATEWAY INVESTMENT ADVISERS LLC163.4K$18.3MHeld
Skandinaviska Enskilda Banken AB (publ)162.1K$18.2MHeld
TEACHER RETIREMENT SYSTEM OF TEXAS161.1K$18.1MHeld
PRUDENTIAL FINANCIAL INC158.8K$17.8MHeld
HighTower Advisors, LLC156.9K$17.6MHeld
Boston Trust Walden Corp155.8K$17.5MHeld
DISCIPLINED GROWTH INVESTORS INC /MN153.4K$17.2MHeld
Distillate Capital Partners LLC152.6K$17.1MHeld
Pacer Advisors, Inc.151.4K$17MHeld
Florida Trust Wealth Management Co151.1K$17MHeld
Markel Group Inc.150K$16.8MHeld
Creative Planning149.5K$16.8MHeld
Asset Management One Co., Ltd.145.9K$16.6MHeld
BLAIR WILLIAM & CO/IL147.3K$16.5MHeld
SEI INVESTMENTS CO145.3K$16.3MHeld
CREDIT AGRICOLE S A144.1K$16.2MHeld
Trexquant Investment LP143.2K$16.1MHeld
OSAIC HOLDINGS, INC.142.3K$16MHeld
Rafferty Asset Management, LLC138.1K$15.5MHeld
UniSuper Management Pty Ltd137.6K$15.4MHeld
DNB Asset Management AS135.2K$15.2MHeld
CALEDONIA INVESTMENTS PLC133K$14.9MHeld
SUSQUEHANNA INTERNATIONAL GROUP, LLP132.2K$14.8MHeld
OFI INVEST ASSET MANAGEMENT145.5K$13.9MHeld
J. Goldman & Co LP123.9K$13.9MHeld
Crossmark Global Holdings, Inc.122.2K$13.7MHeld
COMERICA BANK121.7K$13.7MHeld
First Long Island Investors, LLC119.6K$13.4MHeld
CAPTRUST FINANCIAL ADVISORS118.8K$13.3MHeld
MILLENNIUM MANAGEMENT LLC116.5K$13.1MHeld
M&T Bank Corp116K$13MHeld
KLP KAPITALFORVALTNING AS115.1K$12.9MHeld
TORONTO DOMINION BANK114.3K$12.8MHeld
Icahn Capital112.3K$12.6MHeld
BLI - Banque de Luxembourg Investments110K$12.5MHeld
BENJAMIN EDWARDS INC110.4K$12.4MHeld
SCHRODER INVESTMENT MANAGEMENT GROUP109.7K$12.3MHeld
Lansforsakringar Fondforvaltning AB (publ)109.1K$12.2MHeld
UMB Bank, n.a.108.3K$12.2MHeld
LaFleur & Godfrey LLC108.2K$12.1MHeld
Resona Asset Management Co.,Ltd.107.6K$12.1MHeld
GUGGENHEIM CAPITAL LLC107.3K$12MHeld
MARSHALL WACE, LLP107.2K$12MHeld
NISA INVESTMENT ADVISORS, LLC106.9K$12MHeld
State of New Jersey Common Pension Fund D106.6K$12MHeld
W.G. Shaheen & Associates DBA Whitney & Co106.6K$12MHeld
Vantage Investment Partners, LLC106.2K$11.9MHeld
Kepler Cheuvreux (Suisse) SA103.7K$11.6MHeld
AMERICAN CENTURY COMPANIES INC102.1K$11.5MHeld
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO101.7K$11.4MHeld
Edgestream Partners, L.P.100.4K$11.3MHeld
GRIMES & Co WEALTH MANAGEMENT, LLC96.5K$10.8MHeld
O'SHAUGHNESSY ASSET MANAGEMENT, LLC94.7K$10.6MHeld
CANADA PENSION PLAN INVESTMENT BOARD94.4K$10.6MHeld
NISSAY ASSET MANAGEMENT CORP /JAPAN94.2K$10.6MHeld
Asset Advisors Investment Management, LLC94.2K$10.6MHeld
BAXTER BROS INC93.3K$10.5MHeld
U.S. Capital Wealth Advisors, LLC93.1K$10.4MHeld
Jump Financial, LLC92.4K$10.4MHeld
CAPITAL FUND MANAGEMENT S.A.92.1K$10.3MHeld
STATE OF MICHIGAN RETIREMENT SYSTEM91.5K$10.3MHeld
ARIZONA STATE RETIREMENT SYSTEM91.4K$10.3MHeld
Ensign Peak Advisors, Inc91.1K$10.2MHeld
Calamos Advisors LLC89.9K$10.1MHeld
Lafayette Investments, Inc.89.4K$10MHeld
COMMERCE BANK87.5K$9.82MHeld
FORSTA AP-FONDEN87.4K$9.8MHeld
Czech National Bank85.4K$9.58MHeld
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND85K$9.54MHeld
SUMITOMO LIFE INSURANCE CO84.6K$9.49MHeld
Advisors Asset Management, Inc.83.2K$9.33MHeld
Sanctuary Advisors, LLC82.8K$9.29M−$1.15MCut−$704.8K
MetLife Investment Management, LLC82.5K$9.25MHeld
WELLINGTON MANAGEMENT GROUP LLP81.3K$9.12MHeld
Miramar Capital, LLC80.3K$9.01MHeld
Callahan Advisors, LLC80.2K$9MHeld
TECTONIC ADVISORS LLC79.7K$8.94MHeld
Raiffeisen Bank International AG79.4K$8.91MHeld
JGP Wealth Management, LLC78.8K$8.84MHeld
COOPER/HAIMS ADVISORS, LLC78.5K$8.81MHeld
Sone Capital Management, LLC77.7K$8.72MHeld
CIBC WORLD MARKETS CORP76.4K$8.57MHeld
GF FUND MANAGEMENT CO. LTD.75.9K$8.52MHeld
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS75.3K$8.45MHeld
Envestnet Portfolio Solutions, Inc.74.9K$8.4MHeld
Palmer Knight Co74.8K$8.39MHeld
MATTERN CAPITAL MANAGEMENT, LLC73.6K$8.26MHeld
BROWN ADVISORY INC73.3K$8.22MHeld
EXENCIAL WEALTH ADVISORS, LLC73.1K$8.2MHeld
North Star Investment Management Corp.72.9K$8.17MHeld
Hendershot Investments Inc.71.8K$8.06MHeld
LANDSCAPE CAPITAL MANAGEMENT, L.L.C.69.5K$7.8MHeld
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management69K$7.74MHeld
Retirement Systems of Alabama68.9K$7.73MHeld
NAPLES GLOBAL ADVISORS, LLC68.8K$7.72MHeld
Elo Mutual Pension Insurance Co68.7K$7.71MHeld
Arkadios Wealth Advisors68K$7.63MHeld
Williams Jones Wealth Management, LLC.67.2K$7.54MHeld
MACKENZIE FINANCIAL CORP66.5K$7.52MHeld
VOYA INVESTMENT MANAGEMENT LLC66.5K$7.46MHeld
Soltis Investment Advisors LLC66.4K$7.45MHeld
Verition Fund Management LLC66.1K$7.41MHeld
PRUDENTIAL PLC65.8K$7.38MHeld
PINEBRIDGE INVESTMENTS LLC65.1K$7.3MHeld
Osmosis Investment Management UK Ltd63.7K$7.15MHeld
Rakuten Investment Management, Inc.62K$7.07MHeld

Who left

Positions as of Q4 2025. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.