Form 13F security

PAYX · PAYCHEX INC

Class COM

As filed on Form 13F — long US-listed positions only. No shorts, cash, bonds, or non-13F assets appear here.

Filed up to 45 days after quarter end; holdings may have changed since.

Tracked managers holding it

Share and principal positions

ManagerQuarterValue% of portfolioSH/PRN qtyPut/call
BAILLIE GIFFORD & CO2026-06-30$34M<0.1%SH 348,859
SEMPER AUGUSTUS INVESTMENTS GROUP LLC2026-06-30$21M2.4%SH 211,640
Markel Group Inc.2026-06-30$15M0.1%SH 150,000
Point72 Asset Management, L.P.2026-06-30$0.5M<0.1%SH 5,200
Fisher Asset Management, LLC — Ken Fisher2026-06-30<$1M<0.1%SH 2,257

Total $71M across 5 of 69 managers.

Put positions

ManagerQuarterValue% of portfolioSH/PRN qtyPut/call
Point72 Asset Management, L.P.2026-06-30$13M<0.1%SH 128,600[PUT]

Total $13M across 1 of 69 managers.

Call positions

ManagerQuarterValue% of portfolioSH/PRN qtyPut/call
Point72 Asset Management, L.P.2026-06-30$0.6M<0.1%SH 6,500[CALL]

Total $0.6M across 1 of 69 managers.

Sums are across tracked reports, not unique economic ownership.

BAILLIE GIFFORD & CO — Combined report.

Markel Group Inc. — Combined report.

Filed rows (11) — as filed

The filer reports some securities in multiple rows; rows are shown as filed.

ManagerClassPut/callValue% of portfolioSH/PRN qtySource
SEMPER AUGUSTUS INVESTMENTS GROUP LLCCOM$21M2.4%SH 211,6400001941040-26-000625
BAILLIE GIFFORD & COCOM$18M<0.1%SH 184,7100001088875-26-000057
Point72 Asset Management, L.P.COM[PUT]$13M<0.1%SH 128,6000000919574-26-005520
BAILLIE GIFFORD & COCOM$11M<0.1%SH 116,0950001088875-26-000057
Markel Group Inc.COM$7.9M<0.1%SH 80,0000001096343-26-000065
Markel Group Inc.COM$6.9M<0.1%SH 70,0000001096343-26-000065
BAILLIE GIFFORD & COCOM$4.6M<0.1%SH 46,5120001088875-26-000057
Point72 Asset Management, L.P.COM[CALL]$0.6M<0.1%SH 6,5000000919574-26-005520
Point72 Asset Management, L.P.COM$0.5M<0.1%SH 5,2000000919574-26-005520
Fisher Asset Management, LLCCOM<$1M<0.1%SH 2,2570000850529-26-000006
BAILLIE GIFFORD & COCOM<$1M<0.1%SH 1,5420001088875-26-000057

Quarter-to-quarter notes

Reported change, not a confirmed trade: this compares quarter-end reports filed up to 45 days later, and the position may since have changed. Amendments, corporate actions, and changes in reporting scope can also move these rows. Value change compares period-end reported values; for continuing rows it includes market price movement.

Newly reported by Point72 Asset Management, L.P., SEMPER AUGUSTUS INVESTMENTS GROUP LLC.

Changes appear only where the prior quarter's validated report exists.