Paychex, Inc.
US ˙ NasdaqGS ˙ US7043261079

SecurityPAYX / Paychex, Inc.
InstitutionNeuberger Berman Group LLC
Latest Disclosed Ownership1,027,122 shares
Latest Disclosed Value $ 94,642,489
Neuberger Berman Group LLC reports 12.95% increase in ownership of PAYX / Paychex, Inc.

On May 14, 2026 - Neuberger Berman Group LLC filed a 13F-HR form disclosing ownership of 1,027,122 shares of Paychex, Inc. (US:PAYX) valued at $94,618,479 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 909,400 shares of Paychex, Inc.. This represents a change in shares of 12.95% during the quarter. The current value of the position is $103,256,575 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)
2026-05-14 2026-03-31 13F PAYCHEX Common 704326107 1,027,122 117,722 12.95 94,642 -7.25 0.0720
2026-02-13 2025-12-31 13F PAYCHEX Common 704326107 909,400 -232,896 -20.39 102,043 -29.56 0.0760
2025-11-12 2025-09-30 13F PAYCHEX Common 704326107 1,142,296 -121,986 -9.65 144,858 -21.21 0.1059
2025-08-25 2025-06-30 13F/A-1 PAYCHEX Common 704326107 1,264,282 47,190 3.88 183,860 -1.95 0.1415
2025-08-13 2025-06-30 13F PAYCHEX Common 704326107 1,264,282 47,190 183,860 0.0732
2025-05-13 2025-03-31 13F PAYCHEX Common 704326107 1,217,092 657,871 117.64 187,512 139.13 0.1571
2025-02-13 2024-12-31 13F PAYCHEX Common 704326107 559,221 145,567 35.19 78,414 41.27 0.0622
2024-11-14 2024-09-30 13F PAYCHEX Common 704326107 413,654 -3,288 -0.79 55,508 12.29 0.0433
2024-11-14 2024-06-30 13F/A-1 PAYCHEX Common 704326107 416,942 -8,752 -2.06 49,433 -5.44 0.0406
2024-08-13 2024-06-30 13F PAYCHEX Common 704326107 416,942 -8,752 49,433 0.0406
2024-11-14 2024-03-31 13F/A-1 PAYCHEX Common 704326107 425,694 -11,586 -2.65 52,275 0.37 0.0432
2024-05-13 2024-03-31 13F PAYCHEX Common 704326107 425,694 -11,586 52,275 0.0432
2024-11-14 2023-12-31 13F/A-2 PAYCHEX Common 704326107 437,280 -14,261 -3.16 52,084 0.02 0.0454
2024-02-09 2023-12-31 13F PAYCHEX Common 704326107 437,280 -14,261 52,084 0.0454
2023-11-14 2023-09-30 13F PAYCHEX Common 704326107 451,541 -4,395 -0.96 52,076 2.10 0.0474
2023-08-11 2023-06-30 13F PAYCHEX Common 704326107 455,936 -216,086 -32.15 51,006 -33.76 0.0456
2023-05-12 2023-03-31 13F PAYCHEX Common 704326107 672,022 128,588 23.66 77,007 22.62 0.0714
2023-02-13 2022-12-31 13F PAYCHEX Common 704326107 543,434 -11,187 -2.02 62,799 0.88 0.0616
2022-11-15 2022-09-30 13F PAYCHEX Common 704326107 554,621 -178,500 -24.35 62,250 -25.44 0.0650
2022-08-15 2022-06-30 13F PAYCHEX Common 704326107 733,121 101,208 16.02 83,493 -3.20 0.0839
2022-05-23 2022-03-31 13F/A-1 PAYCHEX Common 704326107 631,913 13,221 2.14 86,250 3.60 0.0731
2022-05-13 2022-03-31 13F PAYCHEX Common 704326107 631,913 13,221 85,051 0.0379
2022-02-11 2021-12-31 13F PAYCHEX Common 704326107 618,692 10,599 1.74 83,249 23.02 0.0653
2021-11-12 2021-09-30 13F PAYCHEX Common 704326107 608,093 -433,230 -41.60 67,673 -39.17 0.0592
2021-08-13 2021-06-30 13F PAYCHEX Common 704326107 1,041,323 56,187 5.70 111,248 15.33 0.0971
2021-05-13 2021-03-31 13F PAYCHEX Common 704326107 985,136 123,763 14.37 96,463 20.23 0.0921
2021-02-10 2020-12-31 13F PAYCHEX Common 704326107 861,373 203,537 30.94 80,230 52.92 0.0832
2020-11-12 2020-09-30 13F PAYCHEX Common 704326107 657,836 -58,516 -8.17 52,464 -3.31 0.0622
2020-08-13 2020-06-30 13F PAYCHEX Common 704326107 716,352 -38,805 -5.14 54,258 14.19 0.0675
2020-05-14 2020-03-31 13F PAYCHEX Common 704326107 755,157 -10,334 -1.35 47,514 -27.03 0.0724
2020-02-12 2019-12-31 13F PAYCHEX Common 704326107 765,491 566 0.07 65,113 2.84 0.0760
2019-11-13 2019-09-30 13F PAYCHEX Common 704326107 764,925 -30,412 -3.82 63,313 -3.26 0.0773
2019-08-13 2019-06-30 13F PAYCHEX Common 704326107 795,337 -10,682 -1.33 65,448 1.25 0.0783
2019-05-13 2019-03-31 13F PAYCHEX Common 704326107 806,019 -14,904 -1.82 64,643 20.86 0.0792
2019-02-12 2018-12-31 13F PAYCHEX Common 704326107 820,923 -4,842 -0.59 53,484 -12.06 0.0746
2018-11-16 2018-09-30 13F/A-1 PAYCHEX Common 704326107 825,765 -21,001 -2.48 60,818 4.97 0.0689
2018-11-13 2018-09-30 13F PAYCHEX Common 704326107 825,765 -21,001 60,818
2018-08-13 2018-06-30 13F PAYCHEX Common 704326107 846,766 22,686 2.75 57,936 14.04 0.0640
2018-05-08 2018-03-31 13F PAYCHEX Common 704326107 824,080 -118,705 -12.59 50,801 -20.85 0.0581
2018-02-14 2017-12-31 13F PAYCHEX Common 704326107 942,785 134,543 16.65 64,185 32.44 0.0738
2017-11-15 2017-09-30 13F PAYCHEX COMMON STOCK 704326107 808,242 -7,742 -0.95 48,462 4.30 0.0606
2017-08-08 2017-06-30 13F PAYCHEX COMMON STOCK 704326107 815,984 -3,043 -0.37 46,462 -3.69 0.0597
2017-05-10 2017-03-31 13F PAYCHEX COMMON STOCK 704326107 819,027 187,659 29.72 48,241 25.50 0.0623
2017-02-06 2016-12-31 13F PAYCHEX COMMON STOCK 704326107 631,368 624,453 9,030.41 38,438 9,509.50 0.0516
2016-11-02 2016-09-30 13F PAYCHEX COMMON STOCK 704326107 6,915 1,256 22.19 400 18.69 0.0005
2016-08-05 2016-06-30 13F PAYCHEX COMMON STOCK 704326107 5,659 1,693 42.69 337 57.48 0.0005
2016-05-06 2016-03-31 13F PAYCHEX COMMON STOCK 704326107 3,966 -678 -14.60 214 -13.01 0.0003
2016-01-28 2015-12-31 13F PAYCHEX COMMON STOCK 704326107 4,644 4,644 0.00 246 0.0003
2014-11-04 2014-09-30 13F PAYCHEX COMMON STOCK 704326107 0 -6,483 -100.00 0 -100.00
2014-08-05 2014-06-30 13F PAYCHEX COMMON STOCK 704326107 6,483 -5,603 -46.36 269 -47.77 0.0003
2014-05-05 2014-03-31 13F PAYCHEX COMMON STOCK 704326107 12,086 -702 -5.49 515 -11.51 0.0005
2014-02-11 2013-12-31 13F PAYCHEX COMMON STOCK 704326107 12,788 -3,768 -22.76 582 -13.52 0.0006
2013-10-29 2013-09-30 13F/A-1 PAYCHEX COMMON STOCK 704326107 16,556 5,011 43.40 673 59.48 0.0007
2013-10-29 2013-09-30 13F PAYCHEX COMMON STOCK 704326107 64,240 1,991
2013-08-13 2013-06-30 13F PAYCHEX COMMON STOCK 704326107 11,545 11,545 422 0.0005
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.