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

Institutional Holders (2017Q2)
Portfolio Summary: 917 Institutional holders with a total value of $14,104,749,448.
#
Manager Name
Shares
Value ($)
%
Options
Notes
501 Ironwood Investment Counsel, LLC 28,145 1,657,000 0.01%
502 Hendershot Investments Inc. 29,149 1,660,000 0.01%
503 HBK INVESTMENTS L P 29,200 1,663,000 0.01%
504 Godshalk Welsh Capital Management, Inc. 29,320 1,669,000 0.01%
505 TYERS ASSET MANAGEMENT LLC 29,328 1,670,000 0.01%
506 LS Investment Advisors, LLC 29,340 1,671,000 0.01%
507 WHITTIER TRUST CO OF NEVADA INC 29,623 1,687,000 0.01%
508 WASHINGTON TRUST Co 29,892 1,702,000 0.01%
509 BLB&B Advisors, LLC 29,985 1,707,000 0.01%
510 SCHONFELD STRATEGIC ADVISORS LLC 30,088 1,713,000 0.01%
511 Motley Fool Wealth Management, LLC 30,108 1,714,000 0.01%
512 NEW MEXICO EDUCATIONAL RETIREMENT BOARD 29,698 1,718,000 0.01%
513 PEAK6 Group LLC 30,400 1,731,000 0.01% Put
514 Creative Planning 30,559 1,740,000 0.01%
515 Twin Tree Management, LP 30,600 1,742,000 0.01% Call
516 ROWLANDMILLER & PARTNERS.ADV 30,715 1,747,567 0.01%
517 DELTA LLOYD ASSET MANAGEMENT N.V. 30,732 1,750,000 0.01%
518 OLD NATIONAL BANCORP /IN/ 30,993 1,764,000 0.01%
519 COURIER CAPITAL LLC 31,133 1,773,000 0.01%
520 TIRSCHWELL & LOEWY INC 31,145 1,773,000 0.01%
521 Rodgers Brothers Inc. 31,425 1,789,000 0.01%
522 World Asset Management Inc 31,452 1,791,000 0.01%
523 Holt Capital Advisors, L.L.C. dba Holt Capital Partners, L.P. 31,530 1,795,000 0.01%
524 GOLDMAN SACHS GROUP INC 31,600 1,799,000 0.01% Call
525 IFP ADVISORS, INC 31,762 1,809,000 0.01%
526 SECURIAN ASSET MANAGEMENT, INC 32,097 1,828,000 0.01%
527 PIEDMONT INVESTMENT ADVISORS INC 32,211 1,834,000 0.01%
528 NewEdge Advisors, LLC 31,722 1,834,816 0.01%
529 RIVERHEAD CAPITAL MANAGEMENT LLC 32,503 1,851,000 0.01%
530 BONTEMPO OHLY CAPITAL MGMT LLC 32,524 1,852,000 0.01%
531 NN INVESTMENT PARTNERS HOLDINGS N.V. 33,009 1,880,000 0.01%
532 Verition Fund Management LLC 33,070 1,883,000 0.01%
533 FORTE CAPITAL LLC /ADV 33,329 1,898,000 0.01%
534 BlueCrest Capital Management Ltd 33,783 1,924,000 0.01%
535 Private Advisor Group, LLC 33,321 1,927,000 0.01%
536 NAPLES GLOBAL ADVISORS, LLC 34,071 1,940,000 0.01%
537 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 34,725 1,977,000 0.01%
538 Southeast Asset Advisors, LLC 35,330 2,012,000 0.01%
539 CITIGROUP INC 35,400 2,016,000 0.01% Put
540 Bath Savings Trust Co 35,697 2,033,000 0.01%
541 Bray Capital Advisors 35,758 2,036,000 0.01%
542 Candriam S.C.A. 35,748 2,036,000 0.01%
543 STEPHENS INC /AR/ 36,071 2,054,000 0.01%
544 PUBLIC SECTOR PENSION INVESTMENT BOARD 36,113 2,056,000 0.01%
545 NORDEA INVESTMENT MANAGEMENT AB 36,881 2,100,000 0.01%
546 DnB Asset Management AS 36,927 2,102,623 0.01%
547 PARSONS CAPITAL MANAGEMENT INC/RI 37,413 2,130,000 0.02%
548 Stanley-Laman Group, Ltd. 37,460 2,133,000 0.02%
549 Mount Lucas Management LP 37,694 2,146,000 0.02%
550 PRUDENTIAL PLC 37,700 2,147,000 0.02%
Page 11 of 19

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.