Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in PAYX held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | Capital International Investors | 29.9M | $2.76B | -1.1% | 8.342% | 0.65% |
| 2 | BlackRock, Inc. | 28.4M | $2.62B | +1.9% | 7.915% | 0.05% |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 21.0M | $1.93B | — | 5.840% | 0.05% |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 15.2M | $1.40B | — | 4.248% | 0.07% |
| 5 | STATE STREET CORP | 14.0M | $1.29B | +0.4% | 3.914% | 0.04% |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 10.3M | $951.4M | +5.8% | 2.861% | 0.06% |
| 7 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 9.4M | $863.6M | -18.8% | 2.611% | 0.13% |
| 8 | FEDERATED HERMES, INC. | 5.9M | $542.2M | +144.3% | 1.639% | 0.88% |
| 9 | MORGAN STANLEY | 5.3M | $488.1M | +9.4% | 1.476% | 0.03% |
| 10 | Invesco Ltd. | 5.3M | $483.7M | +32.6% | 1.463% | 0.07% |
| 11 | BANK OF AMERICA CORP /DE/ | 4.3M | $398.3M | -19.2% | 1.204% | 0.03% |
| 12 | WELLS FARGO & COMPANY/MN | 4.2M | $390.5M | -34.7% | 1.181% | 0.08% |
| 13 | NORTHERN TRUST CORP | 4.0M | $368.2M | -7.8% | 1.113% | 0.05% |
| 14 | GOLDMAN SACHS GROUP INC | 4.0M | $365.0M | +8.4% | 1.104% | 0.04% |
| 15 | UBS Group AG | 3.7M | $338.6M | -1.3% | 1.024% | 0.05% |
| 16 | Select Equity Group, L.P. | 3.7M | $338.1M | -35.8% | 1.022% | 1.86% |
| 17 | DIMENSIONAL FUND ADVISORS LP | 2.8M | $260.0M | -2.1% | 0.786% | 0.05% |
| 18 | ENVESTNET ASSET MANAGEMENT INC | 2.8M | $255.6M | +25.1% | 0.773% | 0.07% |
| 19 | UBS ASSET MANAGEMENT AMERICAS INC | 2.7M | $248.7M | +0.4% | 0.752% | 0.05% |
| 20 | Legal & General Group Plc | 2.3M | $216.0M | -4.5% | 0.653% | 0.05% |
| 21 | FIRST TRUST ADVISORS LP | 2.3M | $215.9M | +13.5% | 0.653% | 0.15% |
| 22 | Capital Research Global Investors | 2.1M | $193.4M | +9.4% | 0.585% | 0.03% |
| 23 | AMERIPRISE FINANCIAL INC | 2.0M | $190.7M | +4.3% | 0.562% | 0.04% |
| 24 | Bank of New York Mellon Corp | 2.0M | $184.9M | -1.5% | 0.559% | 0.03% |
| 25 | Guinness Asset Management LTD | 2.0M | $180.9M | +14.0% | 0.548% | 3.12% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in PAYX — a direct measure of their conviction.
Filings activity in PAYX during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,476 | 5.1% | 71.33% | 16.32 pp | $25.77B | 19% |
| Q4 2025 | 1,555 | 1.5% | 87.65% | 6.34 pp | $31.67B | 6.7% |
| Q3 2025 | 1,579 | 3.9% | 93.99% | 16.06 pp | $33.96B | 15% |
| Q2 2025 | 1,643 | 0.7% | 110.05% | 6.55 pp | $39.76B | 5.6% |
| Q1 2025 | 1,654 | +4.1% | 116.60% | +10.55 pp | $42.12B | +9.9% |
| Q4 2024 | 1,589 | +6.0% | 106.05% | +0.22 pp | $38.31B | +0.2% |
| Q3 2024 | 1,499 | +1.3% | 105.83% | +9.72 pp | $38.23B | +10% |
| Q2 2024 | 1,480 | — | 96.11% | — | $34.72B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying PAYX stock.
Based on Q1 2026 13F filings, institutional ownership of Paychex, Inc. stands at 71.3%, held across 1,476 reporting institutions.
Capital International Investors is the largest reported institutional holder of PAYX, with approximately 29,948,686 shares worth $2.76B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of PAYX.
Our composite Smart Money Score for PAYX is 16 out of 100 (Heavy Distribution). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
166 institutions opened new positions in PAYX during Q1 2026, while 245 fully exited. 264 added to existing positions and 1,042 trimmed.
PAYX institutional ownership fell by 16.32 percentage points quarter-over-quarter, with a net change of -79 holders.
The top 10 institutions account for 51.7% of all reported 13F value in PAYX, and the top 25 account for 67.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Paychex, Inc. (PAYX) Institutional Ownership