Paychex, Inc.
US ˙ NasdaqGS ˙ US7043261079

SecurityPAYX / Paychex, Inc.
InstitutionAdvisors Asset Management, Inc.
Latest Disclosed Ownership89,298 shares
Latest Disclosed Value $ 8,226,132
Advisors Asset Management, Inc. reports 7.35% increase in ownership of PAYX / Paychex, Inc.

On May 15, 2026 - Advisors Asset Management, Inc. filed a 13F-HR form disclosing ownership of 89,298 shares of Paychex, Inc. (US:PAYX) valued at $8,226,132 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 12, 2026 disclosing 83,182 shares of Paychex, Inc.. This represents a change in shares of 7.35% during the quarter. The current value of the position is $8,977,128 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F PAYCHEX COM 704326107 89,298 6,116 7.35 8,226 -11.84 0.1366
2026-02-12 2025-12-31 13F PAYCHEX COM 704326107 83,182 -7,550 -8.32 9,331 -18.87 0.1567
2025-11-06 2025-09-30 13F PAYCHEX COM 704326107 90,732 -4,118 -4.34 11,501 -16.64 0.1952
2025-08-12 2025-06-30 13F PAYCHEX COM 704326107 94,850 -3,649 -3.70 13,797 -9.21 0.2470
2025-05-15 2025-03-31 13F PAYCHEX COM 704326107 98,499 -6,033 -5.77 15,196 3.68 0.2855
2025-02-10 2024-12-31 13F PAYCHEX COM 704326107 104,532 -6,371 -5.74 14,657 -1.51 0.2700
2024-11-08 2024-09-30 13F PAYCHEX COM 704326107 110,903 -8,669 -7.25 14,882 4.98 0.2733
2024-08-14 2024-06-30 13F PAYCHEX COM 704326107 119,572 -11,549 -8.81 14,176 -11.96 0.2765
2024-05-14 2024-03-31 13F PAYCHEX COM 704326107 131,121 -7,673 -5.53 16,102 -2.60 0.3095
2024-02-14 2023-12-31 13F PAYCHEX COM 704326107 138,794 -7,221 -4.95 16,532 -1.83 0.3375
2023-11-14 2023-09-30 13F PAYCHEX COM 704326107 146,015 -9,032 -5.83 16,840 -2.92 0.3633
2023-08-14 2023-06-30 13F PAYCHEX COM 704326107 155,047 -6,432 -3.98 17,345 -6.26 0.3544
2023-05-12 2023-03-31 13F PAYCHEX COM 704326107 161,479 -4,125 -2.49 18,504 -3.31 0.3764
2023-02-13 2022-12-31 13F PAYCHEX COM 704326107 165,604 -6,186 -3.60 19,137 -0.73 0.3943
2022-11-08 2022-09-30 13F PAYCHEX COM 704326107 171,790 -5,498 -3.10 19,277 -4.51 0.4053
2022-08-08 2022-06-30 13F PAYCHEX COM 704326107 177,288 -10,682 -5.68 20,188 -21.30 0.3829
2022-05-17 2022-03-31 13F PAYCHEX COM 704326107 187,970 -12,654 -6.31 25,652 -6.33 0.3950
2022-02-15 2021-12-31 13F PAYCHEX COM 704326107 200,624 -11,134 -5.26 27,385 15.01 0.3910
2021-11-12 2021-09-30 13F PAYCHEX COM 704326107 211,758 3,803 1.83 23,812 6.71 0.3621
2021-07-30 2021-06-30 13F PAYCHEX COM 704326107 207,955 5,028 2.48 22,314 12.18 0.3291
2021-05-07 2021-03-31 13F PAYCHEX COM 704326107 202,927 803 0.40 19,891 5.61 0.3093
2021-02-12 2020-12-31 13F PAYCHEX COM 704326107 202,124 -5,210 -2.51 18,834 13.88 0.3115
2020-11-16 2020-09-30 13F PAYCHEX COM 704326107 207,334 -7,950 -3.69 16,539 1.42 0.3058
2020-08-12 2020-06-30 13F PAYCHEX COM 704326107 215,284 -1,209 -0.56 16,308 19.72 0.3175
2020-05-15 2020-03-31 13F PAYCHEX COM 704326107 216,493 -6,611 -2.96 13,622 -28.22 0.3240
2020-05-20 2019-12-31 13F/A-1 PAYCHEX COM 704326107 223,104 11,281 5.33 18,977 8.24 0.3327
2020-02-14 2019-12-31 13F PAYCHEX COM 704326107 223,104 11,281 18,977 167,964.3923
2019-11-14 2019-09-30 13F PAYCHEX COM 704326107 211,823 10,867 5.41 17,533 6.02 0.3229
2019-11-14 2019-06-30 13F/A-1 PAYCHEX COM 704326107 200,956 -8,748 -4.17 16,537 -1.67 0.2983
2019-08-14 2019-06-30 13F PAYCHEX COM 704326107 200,956 -8,748 16,537
2019-05-15 2019-03-31 13F PAYCHEX COM 704326107 209,704 -1,976 -0.93 16,818 21.95 0.2993
2019-02-06 2018-12-31 13F/A-1 PAYCHEX COM 704326107 211,680 -16,767 -7.34 13,791 -18.03 0.2777
2019-01-31 2018-12-31 13F PAYCHEX COM 704326107 211,680 -16,767 13,791
2018-11-15 2018-09-30 13F PAYCHEX COM 704326107 228,447 -3,172 -1.37 16,825 6.28 0.2750
2018-08-22 2018-06-30 13F/A-1 PAYCHEX COM 704326107 231,619 -20,564 -8.15 15,831 -3.62 0.2689
2018-08-15 2018-06-30 13F PAYCHEX COM 704326107 13,060 -239,123 15,831
2018-05-15 2018-03-31 13F PAYCHEX COM 704326107 252,183 -15,922 -5.94 16,425 -10.01 0.2752
2018-02-13 2017-12-31 13F PAYCHEX COM 704326107 268,105 -30,485 -10.21 18,253 1.95 0.3000
2017-11-07 2017-09-30 13F PAYCHEX COM 704326107 298,590 -24,942 -7.71 17,903 -2.82 0.2999
2017-08-02 2017-06-30 13F PAYCHEX COM 704326107 323,532 1,036 0.32 18,422 -3.02 0.3079
2017-05-02 2017-03-31 13F PAYCHEX COM 704326107 322,496 7,612 2.42 18,995 4.24 0.3183
2016-10-31 2016-09-30 13F PAYCHEX COM 704326107 314,884 39,079 14.17 18,222 11.04 0.2989
2016-08-08 2016-06-30 13F PAYCHEX COM 704326107 275,805 54,174 24.44 16,410 37.09 0.2660
2016-05-16 2016-03-31 13F PAYCHEX COM 704326107 221,631 34,734 18.58 11,970 21.09 0.1991
2016-02-10 2015-12-31 13F PAYCHEX COM 704326107 186,897 -168,608 -47.43 9,885 -41.62 0.1568
2015-11-16 2015-09-30 13F PAYCHEX COM 704326107 355,505 -18,350 -4.91 16,933 -3.38 0.2700
2015-08-11 2015-06-30 13F PAYCHEX COM 704326107 373,855 -20,590 -5.22 17,526 -10.44 0.2405
2015-05-13 2015-03-31 13F PAYCHEX COM 704326107 394,445 -4,530 -1.14 19,570 6.24 0.2606
2015-02-05 2014-12-31 13F PAYCHEX COM 704326107 398,975 59,716 17.60 18,421 22.85 0.2470
2014-11-13 2014-09-30 13F PAYCHEX COM 704326107 339,259 118,534 53.70 14,995 63.45 0.2068
2014-08-14 2014-06-30 13F PAYCHEX COM 704326107 220,725 -20,006 -8.31 9,174 -10.54 0.1272
2014-05-15 2014-03-31 13F PAYCHEX COM 704326107 240,731 -152,053 -38.71 10,255 -42.66 0.1555
2014-02-03 2013-12-31 13F PAYCHEX COM 704326107 392,784 -159,311 -28.86 17,883 -20.30 0.2882
2013-11-15 2013-09-30 13F PAYCHEX COM 704326107 552,095 -135,073 -19.66 22,437 -10.59 0.3983
2013-08-14 2013-06-30 13F PAYCHEX COM 704326107 687,168 687,168 25,095 0.4741
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.