Paychex, Inc.
US ˙ NasdaqGS ˙ US7043261079

SecurityPAYX / Paychex, Inc.
InstitutionHartland & Co., LLC
Latest Disclosed Ownership13,798 shares
Latest Disclosed Value $ 1,271,052
Hartland & Co., LLC reports 5.51% decrease in ownership of PAYX / Paychex, Inc.

On May 6, 2026 - Hartland & Co., LLC filed a 13F-HR form disclosing ownership of 13,798 shares of Paychex, Inc. (US:PAYX) valued at $1,271,072 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 9, 2026 disclosing 14,603 shares of Paychex, Inc.. This represents a change in shares of -5.51% during the quarter. The current value of the position is $1,387,113 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)
2026-05-06 2026-03-31 13F PAYCHEX COM 704326107 13,798 -805 -5.51 1,271 -22.41 0.0116
2026-02-09 2025-12-31 13F PAYCHEX COM 704326107 14,603 921 6.73 1,638 -5.54 0.0206
2025-11-10 2025-09-30 13F PAYCHEX COM 704326107 13,682 -1,624 -10.61 1,734 -22.10 0.0228
2025-08-08 2025-06-30 13F PAYCHEX COM 704326107 15,306 498 3.36 2,226 -2.54 0.0313
2025-05-13 2025-03-31 13F PAYCHEX COM 704326107 14,808 -1,025 -6.47 2,285 2.88 0.0354
2025-02-10 2024-12-31 13F PAYCHEX COM 704326107 15,833 834 5.56 2,220 10.34 0.0337
2024-11-13 2024-09-30 13F PAYCHEX COM 704326107 14,999 -203 -1.34 2,013 11.65 0.0312
2024-08-12 2024-06-30 13F PAYCHEX COM 704326107 15,202 377 2.54 1,802 -2.54 0.0307
2024-05-14 2024-03-31 13F PAYCHEX COM 704326107 14,825 221 1.51 1,850 6.33 0.0916
2024-02-12 2023-12-31 13F PAYCHEX COM 704326107 14,604 11 0.08 1,739 3.33 0.0923
2023-11-13 2023-09-30 13F/A-1 PAYCHEX COM 704326107 14,593 -492 -3.26 1,683 -0.24 0.1034
2023-11-07 2023-09-30 13F PAYCHEX COM 704326107 14,936 -149 1,723 0.0947
2023-08-07 2023-06-30 13F PAYCHEX COM 704326107 15,085 9,846 187.94 1,688 181.17 0.1023
2023-05-09 2023-03-31 13F PAYCHEX COM 704326107 5,239 -60 -1.13 600 -1.96 0.0437
2023-02-14 2022-12-31 13F PAYCHEX COM 704326107 5,299 887 20.10 612 23.64 0.0480
2022-11-15 2022-09-30 13F PAYCHEX COM 704326107 4,412 -272 -5.81 495 -7.13 0.0456
2022-08-12 2022-06-30 13F PAYCHEX COM 704326107 4,684 27 0.58 533 -16.19 0.0415
2022-05-04 2022-03-31 13F PAYCHEX COM 704326107 4,657 2 0.04 636 0.16 0.0431
2022-02-14 2021-12-31 13F PAYCHEX COM 704326107 4,655 -45 -0.96 635 20.04 0.0432
2021-11-12 2021-09-30 13F PAYCHEX COM 704326107 4,700 724 18.21 529 23.89 0.0395
2021-08-12 2021-06-30 13F PAYCHEX COM 704326107 3,976 353 9.74 427 20.28 0.0329
2021-05-14 2021-03-31 13F PAYCHEX COM 704326107 3,623 -14 -0.38 355 4.72 0.0296
2021-02-11 2020-12-31 13F PAYCHEX COM 704326107 3,637 210 6.13 339 24.18 0.0308
2020-11-12 2020-09-30 13F PAYCHEX COM 704326107 3,427 -898 -20.76 273 -16.77 0.0293
2020-08-11 2020-06-30 13F PAYCHEX COM 704326107 4,325 -579 -11.81 328 6.15 0.0379
2020-05-14 2020-03-31 13F PAYCHEX COM 704326107 4,904 -741 -13.13 309 -35.62 0.0450
2020-02-11 2019-12-31 13F PAYCHEX COM 704326107 5,645 336 6.33 480 9.34 0.0582
2019-11-12 2019-09-30 13F PAYCHEX COM 704326107 5,309 -85 -1.58 439 -1.13 0.0588
2019-08-08 2019-06-30 13F PAYCHEX COM 704326107 5,394 -1,101 -16.95 444 -14.78 0.0591
2019-05-14 2019-03-31 13F PAYCHEX COM 704326107 6,495 1,766 37.34 521 69.16 0.0719
2019-02-08 2018-12-31 13F PAYCHEX COM 704326107 4,729 4,729 308 0.0480
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.