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PAYCHEX INC
PAYCHEX INC. Institutional holdings reported to the SEC.

Institutional Holders (2014Q2)
Portfolio Summary: 712 Institutional holders with a total value of $10,161,537,347.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 FMR LLC 19,938,247 828,633,000 8.15%
2 VANGUARD GROUP INC 17,005,040 706,729,000 6.95%
3 BANK OF AMERICA CORP /DE/ 15,504,672 644,373,000 6.34%
4 Bank of New York Mellon Corp 14,430,113 599,716,000 5.90%
5 STATE STREET CORP 13,213,212 549,150,000 5.40%
6 BlackRock Institutional Trust Company, N.A. 8,837,258 367,276,000 3.61%
7 WELLS FARGO & COMPANY/MN 7,783,194 323,469,000 3.18%
8 AMERICAN INTERNATIONAL GROUP, INC. 6,888,893 286,302,390 2.82%
9 Invesco Ltd. 6,381,985 265,235,000 2.61%
10 BlackRock Fund Advisors 5,751,377 239,027,000 2.35%
11 NORTHERN TRUST CORP 5,403,538 224,571,000 2.21%
12 Capital World Investors 4,064,700 168,929,000 1.66%
13 MANAGED ACCOUNT ADVISORS LLC 3,967,648 164,895,000 1.62%
14 APG Asset Management N.V. 3,513,800 146,034,000 1.44%
15 SCHRODER INVESTMENT MANAGEMENT GROUP 2,727,234 113,343,845 1.12%
16 BlackRock Group LTD 2,669,202 110,932,000 1.09%
17 NORGES BANK 2,507,914 104,229,000 1.03%
18 GOLDMAN SACHS GROUP INC 2,437,353 101,296,000 1.00%
19 GEODE CAPITAL MANAGEMENT, LLC 2,425,205 100,731,000 0.99%
20 Select Equity Group, L.P. 2,348,401 97,599,546 0.96%
21 JANUS HENDERSON INVESTORS US LLC 2,107,392 87,583,000 0.86%
22 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 2,090,881 86,897,000 0.86%
23 MCDONALD CAPITAL INVESTORS INC/CA 2,011,530 83,599,000 0.82%
24 Swiss National Bank 1,939,703 80,614,000 0.79%
25 WELLINGTON MANAGEMENT GROUP LLP 1,846,059 76,722,000 0.76%
26 Grantham, Mayo, Van Otterloo & Co. LLC 1,722,981 71,607,000 0.70%
27 CREDIT SUISSE AG/ 1,500,123 62,346,000 0.61%
28 AMERIPRISE FINANCIAL INC 1,495,698 62,157,000 0.61%
29 LONDON CO OF VIRGINIA 1,494,823 62,125,000 0.61%
30 Legal & General Group Plc 1,454,217 60,437,000 0.59%
31 Select Equity Group, L.P. 1,353,500 56,251,460 0.55% Call
32 DEUTSCHE BANK AG\ 1,339,907 55,685,000 0.55%
33 CITY NATIONAL BANK 1,307,917 54,358,000 0.53%
34 TIAA CREF INVESTMENT MANAGEMENT LLC 1,254,375 52,132,000 0.51%
35 Carlson Capital, L.P. 1,118,510 46,485,000 0.46%
36 Capital International Investors 1,103,450 45,859,000 0.45%
37 MORGAN STANLEY 1,071,463 44,532,000 0.44%
38 GATEWAY INVESTMENT ADVISERS LLC 1,053,309 43,776,000 0.43%
39 Capital Research Global Investors 1,000,000 41,560,000 0.41%
40 BAHL & GAYNOR INC 987,190 41,027,000 0.40%
41 WINTON GROUP Ltd 973,928 40,476,000 0.40%
42 BlackRock Finance, Inc. 931,378 38,708,000 0.38%
43 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 930,107 38,655,000 0.38%
44 NEW YORK STATE COMMON RETIREMENT FUND 912,596 37,927,000 0.37%
45 GUGGENHEIM CAPITAL LLC 910,662 37,847,000 0.37%
46 Sumitomo Mitsui Trust Group, Inc. 897,256 37,290,000 0.37%
47 JPMORGAN CHASE & CO 896,566 37,261,000 0.37%
48 WELCH & FORBES LLC 889,022 36,949,000 0.36%
49 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 858,174 35,666,000 0.35%
50 REGIONS FINANCIAL CORP 837,674 34,813,000 0.34%
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From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.