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

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.