Paychex, Inc.
US ˙ NasdaqGS ˙ US7043261079

SecurityPAYX / Paychex, Inc.
InstitutionMarkel Corp
Latest Disclosed Ownership150,000 shares
Latest Disclosed Value $ 13,818,000
Markel Corp ownership in PAYX / Paychex, Inc.

On May 1, 2026 - Markel Corp filed a 13F-HR form disclosing ownership of 150,000 shares of Paychex, Inc. (US:PAYX) valued at $13,818,000 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 6, 2026 disclosing 150,000 shares of Paychex, Inc.. This represents a change in shares of 0.00% during the quarter. The current value of the position is $14,767,500 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)
2026-05-01 2026-03-31 13F PAYCHEX COM 704326107 150,000 0 0.00 13,818 -17.88 0.0998
2026-02-06 2025-12-31 13F PAYCHEX COM 704326107 150,000 0 0.00 16,827 -11.50 0.1341
2025-10-31 2025-09-30 13F PAYCHEX COM 704326107 150,000 0 0.00 19,014 -12.86 0.1543
2025-08-01 2025-06-30 13F PAYCHEX COM 704326107 150,000 0 0.00 21,819 -5.72 0.1845
2025-05-02 2025-03-31 13F PAYCHEX COM 704326107 150,000 0 0.00 23,142 10.03 0.2055
2025-02-07 2024-12-31 13F PAYCHEX COM 704326107 150,000 0 0.00 21,033 4.50 0.1854
2024-11-01 2024-09-30 13F PAYCHEX COM 704326107 150,000 0 0.00 20,128 13.18 0.1812
2024-08-02 2024-06-30 13F PAYCHEX COM 704326107 150,000 0 0.00 17,784 -3.45 0.1749
2024-05-03 2024-03-31 13F PAYCHEX COM 704326107 150,000 0 0.00 18,420 3.10 0.1817
2024-02-02 2023-12-31 13F PAYCHEX COM 704326107 150,000 0 0.00 17,866 3.28 0.1942
2023-11-03 2023-09-30 13F PAYCHEX COM 704326107 150,000 0 0.00 17,300 3.09 0.2088
2023-08-04 2023-06-30 13F PAYCHEX COM 704326107 150,000 0 0.00 16,780 -2.37 0.1998
2023-04-28 2023-03-31 13F PAYCHEX COM 704326107 150,000 0 0.00 17,188 -0.84 0.2187
2023-02-03 2022-12-31 13F PAYCHEX COM 704326107 150,000 0 0.00 17,334 2.98 0.2324
2022-11-04 2022-09-30 13F PAYCHEX COM 704326107 150,000 0 0.00 16,832 -1.45 0.2484
2022-08-05 2022-06-30 13F PAYCHEX COM 704326107 150,000 0 0.00 17,080 -16.56 0.2442
2022-04-29 2022-03-31 13F PAYCHEX COM 704326107 150,000 0 0.00 20,471 -0.02 0.2272
2022-02-04 2021-12-31 13F PAYCHEX COM 704326107 150,000 0 0.00 20,475 21.38 0.2356
2021-11-05 2021-09-30 13F PAYCHEX COM 704326107 150,000 0 0.00 16,868 4.80 0.2132
2021-08-06 2021-06-30 13F PAYCHEX COM 704326107 150,000 0 0.00 16,095 9.47 0.2037
2021-04-30 2021-03-31 13F PAYCHEX COM 704326107 150,000 0 0.00 14,703 5.19 0.2035
2021-02-05 2020-12-31 13F PAYCHEX COM 704326107 150,000 0 0.00 13,977 16.81 0.2082
2020-10-30 2020-09-30 13F Paychex COM 704326107 150,000 0 0.00 11,966 5.32 0.2029
2020-08-03 2020-06-30 13F Paychex COM 704326107 150,000 0 0.00 11,362 20.39 0.2117
2020-05-01 2020-03-31 13F Paychex COM 704326107 150,000 0 0.00 9,438 -26.03 0.1775
2020-02-07 2019-12-31 13F Paychex COM 704326107 150,000 0 0.00 12,759 2.76 0.1771
2019-11-01 2019-09-30 13F Paychex COM 704326107 150,000 0 0.00 12,416 0.59 0.1876
2019-08-02 2019-06-30 13F Paychex COM 704326107 150,000 0 0.00 12,343 2.60 0.1898
2019-05-03 2019-03-31 13F Paychex COM 704326107 150,000 0 0.00 12,030 23.11 0.2016
2019-02-08 2018-12-31 13F Paychex COM 704326107 150,000 0 0.00 9,772 -11.54 0.1867
2018-11-02 2018-09-30 13F Paychex COM 704326107 150,000 0 0.00 11,047 7.75 0.1863
2018-08-03 2018-06-30 13F Paychex COM 704326107 150,000 0 0.00 10,252 10.98 0.1882
2018-04-27 2018-03-31 13F Paychex COM 704326107 150,000 0 0.00 9,238 -9.54 0.1756
2018-02-09 2017-12-31 13F Paychex COM 704326107 150,000 0 0.00 10,212 13.54 0.1928
2017-10-27 2017-09-30 13F Paychex COM 704326107 150,000 0 0.00 8,994 5.30 0.1791
2017-07-28 2017-06-30 13F Paychex COM 704326107 150,000 0 0.00 8,541 -3.33 0.1822
2017-04-28 2017-03-31 13F Paychex COM 704326107 150,000 0 0.00 8,835 -3.25 0.1990
2017-02-10 2016-12-31 13F Paychex COM 704326107 150,000 0 0.00 9,132 5.20 0.2201
2016-11-04 2016-09-30 13F Paychex COM 704326107 150,000 0 0.00 8,681 -2.73 0.2238
2016-08-05 2016-06-30 13F Paychex COM 704326107 150,000 0 0.00 8,925 10.17 0.2352
2016-05-06 2016-03-31 13F Paychex COM 704326107 150,000 0 0.00 8,101 2.12 0.2175
2016-02-16 2015-12-31 13F Paychex COM 704326107 150,000 0 0.00 7,933 11.04 0.2147
2015-11-09 2015-09-30 13F Paychex COM 704326107 150,000 0 0.00 7,144 1.59 0.1882
2015-08-14 2015-06-30 13F Paychex COM 704326107 150,000 0 0.00 7,032 -5.51 0.1756
2015-05-07 2015-03-31 13F Paychex COM 704326107 150,000 0 0.00 7,442 7.47 0.1881
2015-02-09 2014-12-31 13F Paychex COM 704326107 150,000 0 0.00 6,925 4.45 0.1827
2014-11-12 2014-09-30 13F Paychex COM 704326107 150,000 0 0.00 6,630 6.35 0.1870
2014-08-08 2014-06-30 13F Paychex COM 704326107 150,000 0 0.00 6,234 -2.44 0.1777
2014-05-13 2014-03-31 13F Paychex COM 704326107 150,000 -900 -0.60 6,390 -6.99 0.1962
2014-02-11 2013-12-31 13F Paychex COM 704326107 150,900 0 0.00 6,870 12.02 0.2171
2013-11-12 2013-09-30 13F Paychex COM 704326107 150,900 0 0.00 6,133 11.33 0.2103
2013-08-08 2013-06-30 13F Paychex COM 704326107 150,900 150,900 5,509 0.1970
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.