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

Institutional Holders (2016Q4)
Portfolio Summary: 917 Institutional holders with a total value of $15,092,036,517.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 VANGUARD GROUP INC 21,880,432 1,332,081,000 8.83%
2 STATE STREET CORP 13,895,703 845,961,000 5.61%
3 BlackRock Institutional Trust Company, N.A. 9,625,662 586,010,000 3.88%
4 BANK OF AMERICA CORP /DE/ 9,594,863 584,136,000 3.87%
5 BlackRock Fund Advisors 9,496,236 578,131,000 3.83%
6 FMR LLC 9,278,073 564,848,000 3.74%
7 WELLS FARGO & COMPANY/MN 8,378,335 510,073,000 3.38%
8 Bank of New York Mellon Corp 8,258,287 502,765,000 3.33%
9 Select Equity Group, L.P. 8,143,333 495,766,113 3.28%
10 Capital World Investors 7,419,800 451,717,000 2.99%
11 NORTHERN TRUST CORP 5,900,501 359,222,000 2.38%
12 Invesco Ltd. 4,776,372 290,785,000 1.93%
13 BlackRock Group LTD 4,019,687 244,719,000 1.62%
14 GOLDMAN SACHS GROUP INC 3,954,295 240,737,000 1.60%
15 LONDON CO OF VIRGINIA 3,672,764 223,598,000 1.48%
16 GEODE CAPITAL MANAGEMENT, LLC 3,602,338 219,097,000 1.45%
17 AMERIPRISE FINANCIAL INC 3,423,607 208,873,000 1.38%
18 Capital International Investors 3,343,610 203,559,000 1.35%
19 JANUS HENDERSON INVESTORS US LLC 2,856,442 173,900,000 1.15%
20 ROYAL BANK OF CANADA 2,697,436 164,222,000 1.09%
21 NORGES BANK 2,607,932 158,771,000 1.05%
22 BAHL & GAYNOR INC 2,371,216 144,359,000 0.96%
23 MCDONALD CAPITAL INVESTORS INC/CA 2,187,319 133,164,000 0.88%
24 MORGAN STANLEY 2,185,392 133,046,000 0.88%
25 Legal & General Group Plc 1,885,627 114,831,000 0.76%
26 Swiss National Bank 1,853,603 112,847,000 0.75%
27 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 1,799,760 109,571,000 0.73%
28 VOYA INVESTMENT MANAGEMENT LLC 1,659,981 101,060,000 0.67%
29 CREDIT SUISSE AG/ 1,514,923 92,227,000 0.61%
30 FEDERATED HERMES, INC. 1,419,085 86,394,000 0.57%
31 GLENMEDE TRUST CO NA 1,408,300 85,735,000 0.57%
32 SCHRODER INVESTMENT MANAGEMENT GROUP 1,394,478 84,896,000 0.56%
33 CONFLUENCE INVESTMENT MANAGEMENT LLC 1,389,753 84,608,000 0.56%
34 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1,352,561 82,344,000 0.55%
35 DEUTSCHE BANK AG\ 1,328,239 80,860,000 0.54%
36 TIAA CREF INVESTMENT MANAGEMENT LLC 1,156,088 70,383,000 0.47%
37 TD ASSET MANAGEMENT INC 1,118,448 68,091,000 0.45%
38 Sumitomo Mitsui Trust Group, Inc. 1,090,255 66,375,000 0.44%
39 Capital Research Global Investors 1,000,000 60,880,000 0.40%
40 WELLINGTON MANAGEMENT GROUP LLP 989,137 60,219,000 0.40%
41 GUGGENHEIM CAPITAL LLC 979,468 59,630,000 0.40%
42 DIMENSIONAL FUND ADVISORS LP 964,615 58,730,000 0.39%
43 NEW YORK STATE COMMON RETIREMENT FUND 915,700 55,748,000 0.37%
44 BlackRock Finance, Inc. 892,208 54,317,000 0.36%
45 UBS Group AG 872,121 53,095,000 0.35%
46 Mitsubishi UFJ Trust & Banking Corp 842,298 51,279,000 0.34%
47 Robeco Institutional Asset Management B.V. 803,984 48,947,000 0.32%
48 Morningstar Investment Services LLC 802,027 48,827,000 0.32%
49 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 787,230 47,927,000 0.32%
50 PRICE T ROWE ASSOCIATES INC /MD/ 782,413 47,633,000 0.32%
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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.