Herndon Capital Management’s Paychex PAYX Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-30	Closed	-$2K	–	455
2016 Q3	$2K	Hold	30	–	–	﹤0.01%	380
2016 Q2	$2K	Buy	+30	New	+$2K	﹤0.01%	394