Paychex, Inc.
US ˙ NasdaqGS ˙ US7043261079

SecurityPAYX / Paychex, Inc.
InstitutionPinnacle Associates Ltd
Latest Disclosed Ownership21,388 shares
Latest Disclosed Value $ 1,970,273
Pinnacle Associates Ltd reports 6.44% increase in ownership of PAYX / Paychex, Inc.

On April 21, 2026 - Pinnacle Associates Ltd filed a 13F-HR form disclosing ownership of 21,388 shares of Paychex, Inc. (US:PAYX) valued at $1,970,263 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 5, 2026 disclosing 20,094 shares of Paychex, Inc.. This represents a change in shares of 6.44% during the quarter. The current value of the position is $2,105,649 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)
2026-04-21 2026-03-31 13F PAYCHEX COM 704326107 21,388 1,294 6.44 1,970 -12.60 0.0253
2026-02-05 2025-12-31 13F PAYCHEX COM 704326107 20,094 -1,074 -5.07 2,254 -15.99 0.0285
2025-11-13 2025-09-30 13F PAYCHEX COM 704326107 21,168 -280 -1.31 2,683 -13.98 0.0356
2025-08-04 2025-06-30 13F PAYCHEX COM 704326107 21,448 -1,944 -8.31 3,120 -13.55 0.0452
2025-05-06 2025-03-31 13F PAYCHEX COM 704326107 23,392 -324 -1.37 3,609 8.51 0.0529
2025-02-14 2024-12-31 13F PAYCHEX COM 704326107 23,716 -948 -3.84 3,325 13.21 0.0451
2024-10-25 2024-09-30 13F PAYCHEX COM 704326107 24,664 838 3.52 2,938 4.00 0.0500
2024-07-30 2024-06-30 13F PAYCHEX COM 704326107 23,826 -403 -1.66 2,825 -5.08 0.0442
2024-04-26 2024-03-31 13F PAYCHEX COM 704326107 24,229 -435 -1.76 2,975 1.29 0.0469
2024-01-19 2023-12-31 13F PAYCHEX COM 704326107 24,664 -471 -1.87 2,938 1.35 0.0494
2023-10-24 2023-09-30 13F PAYCHEX COM 704326107 25,135 -187 -0.74 2,899 2.33 0.0539
2023-07-27 2023-06-30 13F PAYCHEX COM 704326107 25,322 3,224 14.59 2,833 11.85 0.0492
2023-05-05 2023-03-31 13F PAYCHEX COM 704326107 22,098 -698 -3.06 2,532 -3.87 0.0518
2023-02-01 2022-12-31 13F/A-1 PAYCHEX COM 704326107 22,796 -278 -1.20 2,634 1.74 0.0574
2023-01-25 2022-12-31 13F PAYCHEX COM 704326107 22,356 -718 2,754 0.0001
2022-11-01 2022-09-30 13F PAYCHEX COM 704326107 23,074 -400 -1.70 2,589 -3.14 0.0594
2022-08-02 2022-06-30 13F PAYCHEX COM 704326107 23,474 277 1.19 2,673 -15.57 0.0583
2022-05-05 2022-03-31 13F PAYCHEX COM 704326107 23,197 163 0.71 3,166 0.70 0.0560
2022-02-02 2021-12-31 13F PAYCHEX COM 704326107 23,034 11,812 105.26 3,144 149.13 0.0542
2021-10-19 2021-09-30 13F PAYCHEX COM 704326107 11,222 11 0.10 1,262 4.90 0.0233
2021-08-02 2021-06-30 13F PAYCHEX COM 704326107 11,211 13 0.12 1,203 9.56 0.0218
2021-05-12 2021-03-31 13F PAYCHEX COM 704326107 11,198 14 0.13 1,098 5.37 0.0209
2021-01-26 2020-12-31 13F PAYCHEX COM 704326107 11,184 53 0.48 1,042 17.34 0.0212
2020-10-23 2020-09-30 13F PAYCHEX COM 704326107 11,131 -139 -1.23 888 3.98 0.0211
2020-08-14 2020-06-30 13F PAYCHEX COM 704326107 11,270 -299 -2.58 854 17.31 0.0211
2020-05-13 2020-03-31 13F PAYCHEX COM 704326107 11,569 -327 -2.75 728 -28.06 0.0221
2020-02-03 2019-12-31 13F PAYCHEX COM 704326107 11,896 -36 -0.30 1,012 2.43 0.0222
2019-11-08 2019-09-30 13F PAYCHEX COM 704326107 11,932 -1,293 -9.78 988 -9.19 0.0233
2019-08-05 2019-06-30 13F PAYCHEX COM 704326107 13,225 -630 -4.55 1,088 -2.07 0.0255
2019-05-10 2019-03-31 13F PAYCHEX COM 704326107 13,855 -6,218 -30.98 1,111 -15.06 0.0251
2019-02-05 2018-12-31 13F PAYCHEX COM 704326107 20,073 -713 -3.43 1,308 -14.57 0.0338
2018-11-09 2018-09-30 13F PAYCHEX COM 704326107 20,786 587 2.91 1,531 10.86 0.0318
2018-08-08 2018-06-30 13F PAYCHEX COM 704326107 20,199 -60,773 -75.05 1,381 -72.31 0.0284
2018-05-11 2018-03-31 13F PAYCHEX COM 704326107 80,972 -2,051 -2.47 4,987 -11.77 0.0977
2018-02-12 2017-12-31 13F PAYCHEX COM 704326107 83,023 -2,150 -2.52 5,652 10.67 0.1086
2017-11-13 2017-09-30 13F PAYCHEX COM 704326107 85,173 -354 -0.41 5,107 4.87 0.0942
2017-08-09 2017-06-30 13F PAYCHEX COM 704326107 85,527 215 0.25 4,870 -3.08 0.0936
2017-05-09 2017-03-31 13F PAYCHEX COM 704326107 85,312 2,577 3.11 5,025 -0.24 0.0960
2017-02-10 2016-12-31 13F PAYCHEX COM 704326107 82,735 -336 -0.40 5,037 4.78 0.1016
2016-11-14 2016-09-30 13F PAYCHEX COM 704326107 83,071 -60,705 -42.22 4,807 -43.81 0.0964
2016-08-15 2016-06-30 13F PAYCHEX COM 704326107 143,776 -3,695 -2.51 8,555 7.41 0.1844
2016-05-13 2016-03-31 13F PAYCHEX COM 704326107 147,471 -634 -0.43 7,965 1.69 0.1704
2016-02-11 2015-12-31 13F/A-1 PAYCHEX COM 704326107 148,105 -19,629 -11.70 7,833 -1.95 0.1643
2016-02-09 2015-12-31 13F PAYCHEX COM 704326107 148,105 -19,629 7,833 0.1674
2015-11-10 2015-09-30 13F PAYCHEX COM 704326107 167,734 1,466 0.88 7,989 2.49 0.1768
2015-08-12 2015-06-30 13F PAYCHEX COM 704326107 166,268 -5,821 -3.38 7,795 -8.70 0.1447
2015-05-15 2015-03-31 13F Paychex COM 704326107 172,089 -1,307 -0.75 8,538 6.66 0.1593
2015-02-12 2014-12-31 13F Paychex COM 704326107 173,396 519 0.30 8,005 4.76 0.1570
2014-11-12 2014-09-30 13F Paychex COM 704326107 172,877 1,791 1.05 7,641 7.47 0.1556
2014-08-14 2014-06-30 13F Paychex COM 704326107 171,086 8,852 5.46 7,110 2.88 0.1388
2014-05-14 2014-03-31 13F Paychex COM 704326107 162,234 11,618 7.71 6,911 0.77 0.1348
2014-02-12 2013-12-31 13F Paychex COM 704326107 150,616 -452 -0.30 6,858 11.71 0.1339
2013-11-14 2013-09-30 13F Paychex COM 704326107 151,068 5,197 3.56 6,139 15.26 0.1270
2013-08-13 2013-06-30 13F Paychex COM 704326107 145,871 145,871 5,326 0.1197
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.