Paychex, Inc.
US ˙ NasdaqGS ˙ US7043261079

SecurityPAYX / Paychex, Inc.
InstitutionMAI Capital Management
Latest Disclosed Ownership27,307 shares
Latest Disclosed Value $ 2,515,476
MAI Capital Management reports 8.58% decrease in ownership of PAYX / Paychex, Inc.

On May 15, 2026 - MAI Capital Management filed a 13F-HR form disclosing ownership of 27,307 shares of Paychex, Inc. (US:PAYX) valued at $2,515,521 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 29,869 shares of Paychex, Inc.. This represents a change in shares of -8.58% during the quarter. The current value of the position is $2,745,173 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 27,307 -2,562 -8.58 2,515 -24.93 0.0142
2026-02-13 2025-12-31 13F PAYCHEX COM 704326107 29,869 1,542 5.44 3,351 -6.69 0.0193
2025-11-10 2025-09-30 13F PAYCHEX COM 704326107 28,327 15,036 113.13 3,591 85.72 0.0224
2025-08-12 2025-06-30 13F PAYCHEX COM 704326107 13,291 112 0.85 1,933 -4.92 0.0134
2025-05-15 2025-03-31 13F PAYCHEX COM 704326107 13,179 45 0.34 2,033 10.43 0.0153
2025-02-14 2024-12-31 13F PAYCHEX COM 704326107 13,134 4,161 46.37 1,842 52.91 0.0136
2024-11-07 2024-09-30 13F Paychex CS 704326107 8,973 -1,809 -16.78 1,204 -5.79 0.0115
2024-08-12 2024-06-30 13F Paychex CS 704326107 10,782 -865 -7.43 1,278 -10.63 0.0125
2024-05-08 2024-03-31 13F Paychex CS 704326107 11,647 415 3.69 1,430 6.96 0.0148
2024-02-09 2023-12-31 13F Paychex CS 704326107 11,232 4,879 76.80 1,338 82.65 0.0176
2023-11-14 2023-09-30 13F Paychex CS 704326107 6,353 403 6.77 733 10.08 0.0109
2023-08-02 2023-06-30 13F Paychex CS 704326107 5,950 -464 -7.23 666 -9.40 0.0098
2023-05-10 2023-03-31 13F Paychex CS 704326107 6,414 -1,709 -21.04 735 -21.75 0.0116
2023-02-09 2022-12-31 13F Paychex CS 704326107 8,123 -1,383 -14.55 939 -12.09 0.0158
2022-11-15 2022-09-30 13F Paychex CS 704326107 9,506 3,672 62.94 1,067 60.69 0.0200
2022-07-19 2022-06-30 13F Paychex CS 704326107 5,834 -283 -4.63 664 -20.48 0.0127
2022-05-10 2022-03-31 13F Paychex CS 704326107 6,117 445 7.85 835 7.88 0.0140
2022-02-11 2021-12-31 13F Paychex CS 704326107 5,672 966 20.53 774 46.31 0.0125
2021-11-12 2021-09-30 13F Paychex CS 704326107 4,706 -65 -1.36 529 3.32 0.0102
2021-07-19 2021-06-30 13F Paychex CS 704326107 4,771 -287 -5.67 512 3.23 0.0102
2021-05-10 2021-03-31 13F Paychex CS 704326107 5,058 -253 -4.76 496 0.20 0.0111
2021-02-16 2020-12-31 13F Paychex CS 704326107 5,311 984 22.74 495 43.48 0.0124
2020-10-26 2020-09-30 13F Paychex CS 704326107 4,327 65 1.53 345 6.81 0.0100
2020-07-27 2020-06-30 13F Paychex CS 704326107 4,262 68 1.62 323 22.35 0.0101
2020-04-16 2020-03-31 13F Paychex CS 704326107 4,194 280 7.15 264 -20.72 0.0108
2020-02-03 2019-12-31 13F Paychex CS 704326107 3,914 -5 -0.13 333 2.78 0.0108
2019-10-29 2019-09-30 13F Paychex CS 704326107 3,919 -101 -2.51 324 -2.11 0.0144
2019-08-15 2019-06-30 13F Paychex CS 704326107 4,020 996 32.94 331 36.21 0.0150
2019-04-29 2019-03-31 13F Paychex CS 704326107 3,024 3,024 243 0.0124
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.