Paychex Inc (PAYX) SEC 13F Holdings (Q2 2026) — Net Institutional Activity: $6.9B

PAYX ranks #233 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

1546 institutions disclose a position in PAYX, but none treat it as a major bet — even Guinness Asset Management LTD, its most concentrated holder, allocates just 3.1% of its own portfolio to it.

Hamlin Capital Management, LLC has added to its PAYX position for two straight quarters, increasing it by $35.7M to reach $140.5M today.

Assenagon Asset Management S.A. has trimmed its PAYX position for two straight quarters, cutting it by $36.0M while still holding $6.0M.

PAYX is down 1.9% today, but institutions show net buying of $6.9B this quarter — a divergence between today's price move and the underlying institutional flow.

PAYX posted net income of $1.8B over the trailing twelve months, and currently trades at a P/E of 19.7.

• Profitable — net income of $1.8B over the trailing twelve months
• Revenue grew 13.7% year over year
• Net income improved year over year, from $1.6B to $1.8B
• Generated $2.6B in positive operating cash flow
• Current ratio of 1.26x — below the conventional 1.5x liquidity buffer
• Liabilities run 3.33x equity — a highly leveraged balance sheet worth noting