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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
551 AMALGAMATED BANK 37,885 2,157,000 0.02%
552 ROOSEVELT INVESTMENT GROUP LLC 38,384 2,186,000 0.02%
553 Rench Wealth Management, Inc. 38,492 2,192,000 0.02%
554 HALL CAPITAL MANAGEMENT CO INC 38,705 2,204,000 0.02%
555 Meiji Yasuda Asset Management Co Ltd. 38,718 2,205,000 0.02%
556 MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 38,958 2,218,000 0.02%
557 Grace Capital 39,519 2,250,000 0.02%
558 RIVERBRIDGE PARTNERS LLC 39,654 2,258,000 0.02%
559 Tributary Capital Management, LLC 39,800 2,266,000 0.02%
560 HSBC HOLDINGS PLC 40,000 2,278,000 0.02% Put
561 NORTHWEST INVESTMENT COUNSELORS, LLC 40,000 2,278,000 0.02%
562 HSBC HOLDINGS PLC 40,000 2,278,000 0.02% Call
563 ELKFORK PARTNERS LLC 40,326 2,296,000 0.02%
564 GOFEN & GLOSSBERG LLC /IL/ 40,685 2,317,000 0.02%
565 OLD SECOND NATIONAL BANK OF AURORA 41,280 2,351,000 0.02%
566 RENAISSANCE TECHNOLOGIES LLC 41,400 2,357,000 0.02%
567 BURNEY CO/ 41,602 2,358,000 0.02%
568 SIGNET FINANCIAL MANAGEMENT, LLC 41,981 2,390,000 0.02%
569 ZURICH FINANCIAL SERVICES/ /FI 42,610 2,426,000 0.02%
570 KBC Group NV 43,081 2,453,000 0.02%
571 MML INVESTORS SERVICES, INC. 43,468 2,475,000 0.02%
572 LAFFER TENGLER INVESTMENTS, INC. 43,813 2,494,712 0.02%
573 ALLSTATE CORP 44,334 2,524,000 0.02%
574 MASON STREET ADVISORS, LLC 44,375 2,527,000 0.02%
575 Amova Asset Management Americas, Inc. 44,600 2,540,000 0.02%
576 TWO SIGMA INVESTMENTS, LP 44,665 2,543,000 0.02%
577 CHILTON INVESTMENT CO INC. 44,872 2,555,000 0.02%
578 Palo Capital, Inc. 45,083 2,567,000 0.02% SH
579 Jackson Wealth Management, LLC 45,625 2,592,000 0.02%
580 EASTERN BANK 45,615 2,597,000 0.02%
581 American Money Management, LLC 45,643 2,599,000 0.02%
582 BOKF, NA 45,662 2,600,000 0.02%
583 COBBLESTONE CAPITAL ADVISORS LLC /NY/ 45,857 2,611,000 0.02%
584 CWA ASSET MANAGEMENT GROUP, LLC 46,053 2,622,000 0.02%
585 AUXIER ASSET MANAGEMENT LLC 46,735 2,661,000 0.02%
586 COMMUNITY BANK & TRUST, WACO, TEXAS 46,753 2,662,000 0.02%
587 NOMURA HOLDINGS INC 47,394 2,698,000 0.02%
588 Cambridge Investment Research Advisors, Inc. 47,520 2,706,000 0.02%
589 TUDOR INVESTMENT CORP ET AL 47,786 2,721,000 0.02%
590 CIBC Asset Management Inc 47,802 2,722,000 0.02%
591 SUNTRUST BANKS INC 48,107 2,739,000 0.02%
592 FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 48,117 2,740,000 0.02%
593 XACT KAPITALFORVALTNING AB 48,307 2,751,000 0.02%
594 Boston Trust Walden Corp 48,379 2,755,000 0.02%
595 CAPSTONE ASSET MANAGEMENT CO 48,696 2,773,000 0.02%
596 SVB WEALTH LLC 48,918 2,785,000 0.02%
597 FDx Advisors, Inc. 50,106 2,853,000 0.02%
598 SPOT TRADING LLC /BD 50,500 2,875,000 0.02% Call
599 Pensionfund PDN 51,200 2,915,000 0.02%
600 MEADOW CREEK INVESTMENT MANAGEMENT LLC 51,324 2,922,000 0.02%
Page 12 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.