Paychex, Inc.
US ˙ NasdaqGS ˙ US7043261079

SecurityPAYX / Paychex, Inc.
InstitutionHowe & Rusling Inc
Latest Disclosed Ownership7,622 shares
Latest Disclosed Value $ 702,135
Howe & Rusling Inc reports 14.73% decrease in ownership of PAYX / Paychex, Inc.

On April 28, 2026 - Howe & Rusling Inc filed a 13F-HR form disclosing ownership of 7,622 shares of Paychex, Inc. (US:PAYX) valued at $702,139 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 14, 2026 disclosing 8,939 shares of Paychex, Inc.. This represents a change in shares of -14.73% during the quarter. The current value of the position is $750,386 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-28 2026-03-31 13F PAYCHEX COM 704326107 7,622 -1,317 -14.73 702 -29.94 0.0458
2026-02-14 2025-12-31 13F PAYCHEX COM 704326107 8,939 -3,579 -28.59 1,003 -36.82 0.0663
2025-11-05 2025-09-30 13F PAYCHEX COM 704326107 12,518 1,777 16.54 1,587 1.54 0.1088
2025-08-12 2025-06-30 13F PAYCHEX COM 704326107 10,741 -895 -7.69 1,562 -12.98 0.1154
2025-06-17 2025-03-31 13F PAYCHEX COM 704326107 11,636 -116 -0.99 1,795 8.99 0.1510
2025-02-12 2024-12-31 13F PAYCHEX COM 704326107 11,752 -2,346 -16.64 1,648 -12.90 0.1420
2024-11-08 2024-09-30 13F PAYCHEX COM 704326107 14,098 -3,272 -18.84 1,892 -8.16 0.1627
2024-08-14 2024-06-30 13F PAYCHEX COM 704326107 17,370 725 4.36 2,059 0.78 0.1878
2024-05-15 2024-03-31 13F PAYCHEX COM 704326107 16,645 -461 -2.69 2,044 0.29 0.1958
2024-02-06 2023-12-31 13F PAYCHEX COM 704326107 17,106 7,304 74.52 2,037 80.27 0.2160
2023-11-09 2023-09-30 13F PAYCHEX COM 704326107 9,802 3 0.03 1,130 3.10 0.1334
2023-08-14 2023-06-30 13F PAYCHEX COM 704326107 9,799 -1,796 -15.49 1,096 -17.47 0.1227
2023-05-15 2023-03-31 13F PAYCHEX COM 704326107 11,595 2,354 25.47 1,329 24.46 0.1583
2023-02-15 2022-12-31 13F PAYCHEX COM 704326107 9,241 -2,614 -22.05 1,068 -19.77 0.1340
2022-11-14 2022-09-30 13F PAYCHEX COM 704326107 11,855 827 7.50 1,330 5.89 0.1766
2022-08-15 2022-06-30 13F PAYCHEX COM 704326107 11,028 108 0.99 1,256 -15.70 0.1593
2022-05-10 2022-03-31 13F PAYCHEX COM 704326107 10,920 16 0.15 1,490 0.13 0.1722
2022-02-14 2021-12-31 13F PAYCHEX COM 704326107 10,904 -1,122 -9.33 1,488 10.06 0.1745
2021-11-15 2021-09-30 13F PAYCHEX COM 704326107 12,026 1,498 14.23 1,352 19.65 0.1695
2021-08-13 2021-06-30 13F PAYCHEX COM 704326107 10,528 700 7.12 1,130 17.34 0.1425
2021-05-13 2021-03-31 13F PAYCHEX COM 704326107 9,828 -1,202 -10.90 963 -6.32 0.1308
2021-02-08 2020-12-31 13F PAYCHEX COM 704326107 11,030 244 2.26 1,028 19.53 0.1563
2020-11-06 2020-09-30 13F PAYCHEX COM 704326107 10,786 -464 -4.12 860 0.94 0.1475
2020-07-15 2020-06-30 13F PAYCHEX COM 704326107 11,250 -6,343 -36.05 852 -23.04 0.1572
2020-05-14 2020-03-31 13F PAYCHEX COM 704326107 17,593 -9,012 -33.87 1,107 -51.08 0.2385
2020-02-05 2019-12-31 13F PAYCHEX COM 704326107 26,605 126 0.48 2,263 3.24 0.3746
2019-10-31 2019-09-30 13F PAYCHEX COM 704326107 26,479 -57 -0.21 2,192 0.37 0.3842
2019-08-12 2019-06-30 13F PAYCHEX COM 704326107 26,536 2,983 12.67 2,184 15.62 0.3774
2019-04-29 2019-03-31 13F PAYCHEX COM 704326107 23,553 13,483 133.89 1,889 187.96 0.3271
2019-02-04 2018-12-31 13F PAYCHEX COM 704326107 10,070 -129 -1.26 656 -12.65 0.1388
2018-11-07 2018-09-30 13F PAYCHEX COM 704326107 10,199 -553 -5.14 751 2.18 0.1254
2018-07-31 2018-06-30 13F PAYCHEX COM 704326107 10,752 212 2.01 735 13.25 0.1330
2018-05-14 2018-03-31 13F PAYCHEX COM 704326107 10,540 -1,787 -14.50 649 -22.65 0.1175
2018-01-24 2017-12-31 13F PAYCHEX COM 704326107 12,327 10 0.08 839 13.53 0.1525
2017-10-18 2017-09-30 13F PAYCHEX COM 704326107 12,317 -3,682 -23.01 739 -18.88 0.1367
2017-07-13 2017-06-30 13F PAYCHEX COM 704326107 15,999 7,469 87.56 911 81.47 0.1852
2017-04-18 2017-03-31 13F PAYCHEX COM 704326107 8,530 49 0.58 502 -2.71 0.1005
2017-01-20 2016-12-31 13F PAYCHEX COM 704326107 8,481 1,164 15.91 516 21.99 0.1132
2016-10-17 2016-09-30 13F PAYCHEX COM 704326107 7,317 -437 -5.64 423 -8.24 0.0911
2016-08-23 2016-06-30 13F PAYCHEX COM 704326107 7,754 -396 -4.86 461 4.77 0.1014
2016-05-16 2016-03-31 13F PAYCHEX COM 704326107 8,150 896 12.35 440 14.58 0.0992
2016-02-11 2015-12-31 13F PAYCHEX COM 704326107 7,254 -807 -10.01 384 0.00 0.0881
2015-11-10 2015-09-30 13F PAYCHEX COM 704326107 8,061 10 0.12 384 1.86 0.0954
2015-07-22 2015-06-30 13F PAYCHEX COM 704326107 8,051 542 7.22 377 1.07 0.0822
2015-04-29 2015-03-31 13F PAYCHEX COM 704326107 7,509 7,509 0.00 373 0.0836
2015-01-30 2014-12-31 13F PAYCHEX COM 704326107 0 -2,977 -100.00 0 -100.00
2014-10-31 2014-09-30 13F PAYCHEX COM 704326107 2,977 1,314 79.01 132 91.30 0.0308
2014-07-31 2014-06-30 13F PAYCHEX COM 704326107 1,663 -17,478 -91.31 69 -91.53 0.0155
2014-05-07 2014-03-31 13F PAYCHEX COM 704326107 19,141 17,091 833.71 815 776.34 0.1999
2014-07-31 2013-12-31 13F/A-12 PAYCHEX COM 704326107 2,050 975 90.70 93 116.28 0.0234
2014-02-07 2013-12-31 13F PAYCHEX COM 704326107 58,319 2,655
2013-11-08 2013-09-30 13F PAYCHEX COM 704326107 1,075 -18,210 -94.43 43 -93.89 0.0157
2013-08-14 2013-06-30 13F PAYCHEX COM 704326107 19,285 19,285 704 0.1958
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.