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Paychex Inc (PAYX)

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Institutional Investors' Holdings

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No.	Name	Shares	Value	% Port
1.	Vanguard Group Inc	31,807,843	$4,907,314,018	0.09%
2.	Blackrock, Inc.	27,130,381	$4,185,675,138	0.09%
3.	Capital International Investors	25,659,515	$3,957,346,675	0.78%
4.	State Street Corp	13,710,773	$2,115,298,058	0.09%
5.	Schwab Charles Investment Management Inc	10,782,173	$1,663,473,650	0.31%

	
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