Paychex, Inc.
US ˙ NasdaqGS ˙ US7043261079

SecurityPAYX / Paychex, Inc.
InstitutionWetherby Asset Management Inc
Latest Disclosed Ownership16,102 shares
Latest Disclosed Value $ 2,041,091
Wetherby Asset Management Inc reports 3.76% decrease in ownership of PAYX / Paychex, Inc.

On November 14, 2025 - Wetherby Asset Management Inc filed a 13F-HR form disclosing ownership of 16,102 shares of Paychex, Inc. (US:PAYX) valued at $2,041,090 USD as of September 30, 2025. The entity filed a previous 13F-HR on August 14, 2025 disclosing 16,731 shares of Paychex, Inc.. This represents a change in shares of -3.76% during the quarter. The current value of the position is $1,618,734 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)
2025-11-14 2025-09-30 13F PAYCHEX COM 704326107 16,102 -629 -3.76 2,041 -16.11 0.0833
2025-08-14 2025-06-30 13F PAYCHEX COM 704326107 16,731 4,873 41.09 2,434 46.39 0.1083
2025-02-14 2024-12-31 13F PAYCHEX COM 704326107 11,858 -359 -2.94 1,663 1.40 0.0797
2024-11-14 2024-09-30 13F PAYCHEX COM 704326107 12,217 -258 -2.07 1,639 10.82 0.0750
2024-08-14 2024-06-30 13F PAYCHEX COM 704326107 12,475 -295 -2.31 1,479 -5.68 0.0697
2024-05-15 2024-03-31 13F PAYCHEX COM 704326107 12,770 -374 -2.85 1,568 0.19 0.0747
2024-02-14 2023-12-31 13F PAYCHEX COM 704326107 13,144 -168 -1.26 1,566 1.95 0.0816
2023-11-14 2023-09-30 13F PAYCHEX COM 704326107 13,312 -47 -0.35 1,535 2.74 0.0870
2023-08-14 2023-06-30 13F PAYCHEX COM 704326107 13,359 55 0.41 1,494 -1.97 0.0805
2023-05-12 2023-03-31 13F PAYCHEX COM 704326107 13,304 -421 -3.07 1,525 -3.91 0.0892
2023-02-14 2022-12-31 13F PAYCHEX COM 704326107 13,725 -911 -6.22 1,586 -3.41 0.1019
2022-11-14 2022-09-30 13F PAYCHEX COM 704326107 14,636 -1,214 -7.66 1,642 -9.03 0.1158
2022-08-15 2022-06-30 13F PAYCHEX COM 704326107 15,850 776 5.15 1,805 -12.25 0.1232
2022-05-16 2022-03-31 13F PAYCHEX COM 704326107 15,074 95 0.63 2,057 0.59 0.1179
2022-02-14 2021-12-31 13F PAYCHEX COM 704326107 14,979 95 0.64 2,045 22.16 0.1148
2021-11-15 2021-09-30 13F PAYCHEX COM 704326107 14,884 -72 -0.48 1,674 4.36 0.1033
2021-08-16 2021-06-30 13F PAYCHEX COM 704326107 14,956 153 1.03 1,604 10.54 0.0979
2021-05-14 2021-03-31 13F PAYCHEX COM 704326107 14,803 -906 -5.77 1,451 -0.89 0.1106
2021-02-11 2020-12-31 13F PAYCHEX COM 704326107 15,709 1,239 8.56 1,464 26.86 0.0993
2020-12-16 2020-09-30 13F/A-01 PAYCHEX COM 704326107 14,470 -273 -1.85 1,154 3.41 0.1058
2020-11-13 2020-09-30 13F PAYCHEX COM 704326107 15,528 785 1,239 78,811.2791
2020-08-14 2020-06-30 13F PAYCHEX COM 704326107 14,743 -1,881 -11.31 1,116 6.69 0.1058
2020-05-06 2020-03-31 13F PAYCHEX COM 704326107 16,624 2,402 16.89 1,046 -13.55 0.1174
2020-01-28 2019-12-31 13F PAYCHEX COM 704326107 14,222 1,182 9.06 1,210 12.14 0.1192
2019-10-31 2019-09-30 13F PAYCHEX COM 704326107 13,040 30 0.23 1,079 0.84 0.1127
2019-07-25 2019-06-30 13F PAYCHEX COM 704326107 13,010 184 1.43 1,070 3.98 0.1171
2019-07-25 2019-03-31 13F/A-1 PAYCHEX COM 704326107 12,826 83 0.65 1,029 23.83 0.1281
2019-05-09 2019-03-31 13F PAYCHEX COM 704326107 12,826 83 1,029
2019-01-30 2018-12-31 13F PAYCHEX COM 704326107 12,743 724 6.02 831 -6.21 0.1175
2018-11-07 2018-09-30 13F PAYCHEX COM 704326107 12,019 123 1.03 886 8.98 0.1094
2018-07-24 2018-06-30 13F PAYCHEX COM 704326107 11,896 -55 -0.46 813 10.46 0.1101
2018-05-04 2018-03-31 13F PAYCHEX COM 704326107 11,951 146 1.24 736 -8.34 0.1016
2018-02-09 2017-12-31 13F PAYCHEX COM 704326107 11,805 -456 -3.72 803 9.10 0.1114
2017-11-13 2017-09-30 13F PAYCHEX COM 704326107 12,261 277 2.31 736 7.92 0.1095
2017-08-01 2017-06-30 13F PAYCHEX COM 704326107 11,984 238 2.03 682 -1.45 0.1160
2017-04-27 2017-03-31 13F PAYCHEX COM 704326107 11,746 365 3.21 692 -0.14 0.1244
2017-02-08 2016-12-31 13F PAYCHEX COM 704326107 11,381 4,043 55.10 693 63.06 0.1357
2016-11-14 2016-09-30 13F PAYCHEX COM 704326107 7,338 458 6.66 425 3.91 0.0860
2016-08-10 2016-06-30 13F PAYCHEX COM 704326107 6,880 -155 -2.20 409 7.63 0.0907
2016-05-10 2016-03-31 13F PAYCHEX COM 704326107 7,035 -149 -2.07 380 0.00 0.0896
2016-02-08 2015-12-31 13F PAYCHEX COM 704326107 7,184 -7 -0.10 380 11.11 0.0911
2015-11-12 2015-09-30 13F PAYCHEX COM 704326107 7,191 -397 -5.23 342 -3.93 0.0876
2015-08-12 2015-06-30 13F PAYCHEX COM 704326107 7,588 -13 -0.17 356 -5.57 0.0856
2015-05-08 2015-03-31 13F PAYCHEX COM 704326107 7,601 -1,030 -11.93 377 -5.28 0.0918
2015-02-12 2014-12-31 13F PAYCHEX COM 704326107 8,631 -190 -2.15 398 2.05 0.1001
2014-11-03 2014-09-30 13F PAYCHEX COM 704326107 8,821 232 2.70 390 9.55 0.1087
2014-08-01 2014-06-30 13F PAYCHEX COM 704326107 8,589 -235 -2.66 356 -5.32 0.1005
2014-05-05 2014-03-31 13F/A-1 PAYCHEX COM 704326107 8,824 -890 -9.16 376 -14.93 0.1078
2014-04-30 2014-03-31 13F PAYCHEX COM 704326107 8,824 376
2014-01-29 2013-12-31 13F PAYCHEX COM 704326107 9,714 -143 -1.45 442 10.50 0.1261
2013-10-29 2013-09-30 13F PAYCHEX COM 704326107 9,857 -337 -3.31 400 7.24 0.1248
2013-07-24 2013-06-30 13F PAYCHEX COM 704326107 10,194 10,194 373 0.1300
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.