Paychex, Inc.
US ˙ NasdaqGS ˙ US7043261079

SecurityPAYX / Paychex, Inc.
InstitutionVictory Capital Management Inc
Latest Disclosed Ownership1,399,866 shares
Latest Disclosed Value $ 128,955,656
Victory Capital Management Inc reports 197.18% increase in ownership of PAYX / Paychex, Inc.

On May 15, 2026 - Victory Capital Management Inc filed a 13F-HR form disclosing ownership of 1,399,866 shares of Paychex, Inc. (US:PAYX) valued at $128,955,656 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 471,046 shares of Paychex, Inc.. This represents a change in shares of 197.18% during the quarter. The current value of the position is $140,728,529 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.

Upgrade to unlock premium data and export to Excel .

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 1,399,866 928,820 197.18 128,956 144.04 0.0619
2026-02-13 2025-12-31 13F PAYCHEX COM 704326107 471,046 53,959 12.94 52,842 -0.05 0.0298
2025-11-12 2025-09-30 13F PAYCHEX COM 704326107 417,087 110,523 36.05 52,870 18.55 0.0309
2025-08-13 2025-06-30 13F PAYCHEX COM 704326107 306,564 -12,305 -3.86 44,596 -9.35 0.0288
2025-05-02 2025-03-31 13F PAYCHEX COM 704326107 318,869 -105,320 -24.83 49,195 -17.29 0.0503
2025-02-06 2024-12-31 13F PAYCHEX COM 704326107 424,189 -186,658 -30.56 59,480 -27.44 0.0585
2024-11-05 2024-09-30 13F PAYCHEX COM 704326107 610,847 -239,249 -28.14 81,970 -18.67 0.0790
2024-08-05 2024-06-30 13F PAYCHEX COM 704326107 850,096 -72,917 -7.90 100,787 -11.08 0.1010
2024-05-03 2024-03-31 13F PAYCHEX COM 704326107 923,013 359,541 63.81 113,346 68.88 0.1107
2024-02-05 2023-12-31 13F PAYCHEX COM 704326107 563,472 93,549 19.91 67,115 23.84 0.0706
2023-11-06 2023-09-30 13F PAYCHEX COM 704326107 469,923 -86,228 -15.50 54,196 -12.89 0.0623
2023-07-27 2023-06-30 13F PAYCHEX COM 704326107 556,151 -164,606 -22.84 62,217 -24.67 0.0684
2023-05-02 2023-03-31 13F PAYCHEX COM 704326107 720,757 131,607 22.34 82,592 21.31 0.0928
2023-04-25 2022-12-31 13F/A-3 PAYCHEX COM 704326107 589,150 14,723 2.56 68,082 5.63 0.0783
2023-03-10 2022-12-31 13F/A-2 PAYCHEX COM 704326107 589,150 14,723 68,082 0.0743
2023-02-10 2022-12-31 13F/A-1 PAYCHEX COM 704326107 589,150 14,723 68,082 0.0470
2023-02-09 2022-12-31 13F PAYCHEX COM 704326107 578,775 4,348 67,057 0.0456
2022-11-02 2022-09-30 13F PAYCHEX COM 704326107 574,427 -8,487 -1.46 64,456 -2.89 0.0752
2022-08-01 2022-06-30 13F PAYCHEX COM 704326107 582,914 46,616 8.69 66,376 -2.34 0.0756
2022-05-04 2022-03-31 13F PAYCHEX COM 704326107 536,298 154,974 40.64 67,965 30.57 0.0680
2022-02-07 2021-12-31 13F PAYCHEX COM 704326107 381,324 -11,488 -2.92 52,051 17.84 0.0479
2021-11-02 2021-09-30 13F PAYCHEX COM 704326107 392,812 -165,494 -29.64 44,172 -26.26 0.0433
2021-08-03 2021-06-30 13F PAYCHEX COM 704326107 558,306 18,657 3.46 59,906 13.25 0.0575
2021-05-04 2021-03-31 13F PAYCHEX COM 704326107 539,649 49,396 10.08 52,896 15.79 0.0542
2021-02-01 2020-12-31 13F PAYCHEX COM 704326107 490,253 35,603 7.83 45,682 25.96 0.0509
2020-11-09 2020-09-30 13F Paychex COM 704326107 454,650 24,111 5.60 36,267 11.20 0.0466
2020-08-07 2020-06-30 13F PAYCHEX COM 704326107 430,539 -37,816 -8.07 32,613 10.67 0.0442
2020-05-12 2020-03-31 13F/A-1 PAYCHEX COM 704326107 468,355 -78,410 -14.34 29,469 -36.64 0.0494
2020-05-04 2020-03-31 13F PAYCHEX COM 704326107 468,355 -78,410 29,469 32,250.8260
2020-02-06 2019-12-31 13F/A-1 PAYCHEX COM 704326107 546,765 21,561 4.11 46,508 6.99 0.0565
2020-02-04 2019-12-31 13F PAYCHEX COM 704326107 554,583 29,379 47,567 57,018.1180
2019-11-12 2019-09-30 13F PAYCHEX COM 704326107 525,204 188,394 55.93 43,471 56.84 0.0559
2019-08-15 2019-06-30 13F PAYCHEX COM 704326107 336,810 103,666 44.46 27,716 48.23 0.0559
2019-05-03 2019-03-31 13F PAYCHEX CS 704326107 233,144 -31,079 -11.76 18,698 8.62 0.0425
2019-05-02 2018-12-31 13F/A-1 PAYCHEX COM 704326107 264,223 12,766 5.08 17,214 -7.05 0.0432
2019-02-05 2018-12-31 13F PAYCHEX COM 704326107 264,223 12,766 17,214
2018-11-01 2018-09-30 13F PAYCHEX COM 704326107 251,457 40,304 19.09 18,520 28.33 0.0382
2018-08-02 2018-06-30 13F PAYCHEX COM 704326107 211,153 654 0.31 14,432 11.32 0.0307
2018-05-04 2018-03-31 13F PAYCHEX COM 704326107 210,499 16,360 8.43 12,965 -1.91 0.0283
2018-02-01 2017-12-31 13F PAYCHEX COM 704326107 194,139 18,568 10.58 13,217 25.55 0.0278
2017-10-27 2017-09-30 13F PAYCHEX COM 704326107 175,571 19,715 12.65 10,527 18.63 0.0237
2017-08-07 2017-06-30 13F PAYCHEX COM 704326107 155,856 19,817 14.57 8,874 10.75 0.0208
2017-05-10 2017-03-31 13F PAYCHEX COM 704326107 136,039 35,369 35.13 8,013 30.74 0.0191
2017-02-09 2016-12-31 13F PAYCHEX COM 704326107 100,670 15,552 18.27 6,129 24.42 0.0155
2016-11-02 2016-09-30 13F PAYCHEX COM 704326107 85,118 10,893 14.68 4,926 11.55 0.0138
2016-08-09 2016-06-30 13F PAYCHEX COM 704326107 74,225 13,504 22.24 4,416 34.63 0.0177
2016-05-17 2016-03-31 13F/A-2 PAYCHEX COM 704326107 60,721 -3,023 -4.74 3,280 -2.70 0.0135
2016-05-12 2016-03-31 13F/A-1 PAYCHEX COM 704326107 60,721 0 3,280 0.0135
2016-05-12 2016-03-31 13F PAYCHEX COM 704326107 60,721 3,280
2016-02-10 2015-12-31 13F PAYCHEX COM 704326107 63,744 14,206 28.68 3,371 42.90 0.0140
2015-11-06 2015-09-30 13F PAYCHEX COM 704326107 49,538 176 0.36 2,359 1.59 0.0097
2015-08-14 2015-06-30 13F/A-01 Paychex COM 704326107 49,362 49,362 21,268.83 2,322 25,700.00 0.0086
2015-08-07 2015-06-30 13F Paychex COM 704326107 49,362 2,322
2014-02-12 2013-12-31 13F Paychex Common Stock 704326107 0 -231 -100.00 0 -100.00
2014-03-12 2013-09-30 13F/A-1 Paychex Common Stock 704326107 231 231 9 0.0001
2013-11-12 2013-09-30 13F Paychex Common Stock 704326107 231 9
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.