Norges Bank’s Paychex PAYX Stock Holding History

Norges Bank’s Portfolio PAYX Stock Details PAYX Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-2,297,192	Closed	-$258M	–	990
2025 Q4	$258M	Buy	+2,297,192	New	+$269M	0.03%	462
2025 Q3	–	Sell	-2,077,847	Closed	-$302M	–	1106
2025 Q2	$302M	Buy	2,077,847 +1,971,693	+1,857%	+$297M	0.04%	375
2025 Q1	$16.4M	Sell	106,154 -451,646	-81%	-$66.4M	﹤0.01%	1218
2024 Q4	$78.2M	Sell	557,800 -348,805	-38%	-$49.5M	0.01%	781
2024 Q3	$122M	Buy	906,605 +695,224	+329%	+$88.3M	0.02%	604
2024 Q2	$25.1M	Sell	211,381 -69,793	-25%	-$8.53M	﹤0.01%	1163
2024 Q1	$34.5M	Sell	281,174 -2,699	-1%	-$328K	0.01%	1090
2023 Q4	$33.8M	Buy	283,873 +10,355	+4%	+$1.23M	0.01%	1086
2023 Q3	$31.5M	Buy	273,518 +194,073	+244%	+$23.4M	0.01%	1047
2023 Q2	$8.89M	Sell	79,445 -251,563	-76%	-$27.5M	﹤0.01%	1577
2023 Q1	$37.9M	Buy	331,008 +53,975	+19%	+$6.14M	0.01%	967
2022 Q4	$32M	Buy	277,033 +166,516	+151%	+$19.5M	0.01%	1032
2022 Q3	$12.4M	Buy	110,517 +14,597	+15%	+$1.81M	﹤0.01%	1446
2022 Q2	$10.9M	Sell	95,920 -1,482,460	-94%	-$186M	﹤0.01%	1523
2022 Q1	$215M	Buy	1,578,380 +219,335	+16%	+$26.9M	0.05%	359
2021 Q4	$186M	Sell	1,359,045 -135,129	-9%	-$16.7M	0.04%	442
2021 Q3	$168M	Sell	1,494,174 -363,079	-20%	-$40.8M	0.04%	452
2021 Q2	$199M	Buy	1,857,253 +58,336	+3%	+$5.87M	0.04%	404
2021 Q1	$176M	Sell	1,798,917 -298,066	-14%	-$27.5M	0.04%	429
2020 Q4	$195M	Sell	2,096,983 -1,145,424	-35%	-$102M	0.05%	369
2020 Q3	$259M	Buy	3,242,407 +127,658	+4%	+$9.59M	0.07%	261
2020 Q2	$236M	Buy	3,114,749 +15,883	+0.5%	+$1.1M	0.07%	267
2020 Q1	$195M	Sell	3,098,866 -40,000	-1%	-$3.2M	0.07%	255
2019 Q4	$267M	Hold	3,138,866	–	–	0.07%	247
2019 Q3	$260M	Buy	3,138,866 +35,592	+1%	+$2.96M	0.08%	232
2019 Q2	$255M	Buy	3,103,274 +47,558	+2%	+$4.01M	0.08%	248
2019 Q1	$245M	Buy	3,055,716 +123,632	+4%	+$9.12M	0.08%	232
2018 Q4	$191M	Buy	2,932,084 +147,145	+5%	+$9.97M	0.07%	259
2018 Q3	$205M	Buy	2,784,939 +54,108	+2%	+$3.89M	0.07%	279
2018 Q2	$187M	Hold	2,730,831	–	–	0.06%	292
2018 Q1	$168M	Sell	2,730,831 -58,200	-2%	-$3.85M	0.06%	314
2017 Q4	$190M	Hold	2,789,031	–	–	0.07%	290
2017 Q3	$167M	Buy	2,789,031 +201,606	+8%	+$11.5M	0.06%	303
2017 Q2	$147M	Sell	2,587,425 -62,351	-2%	-$3.66M	0.06%	324
2017 Q1	$156M	Buy	2,649,776 +41,844	+2%	+$2.54M	0.06%	289
2016 Q4	$159M	Sell	2,607,932 -94,989	-4%	-$5.47M	0.07%	278
2016 Q3	$149M	Sell	2,702,921 -16,361	-0.6%	-$981K	0.07%	272
2016 Q2	$162M	Sell	2,719,282 -42,065	-2%	-$2.25M	0.08%	257
2016 Q1	$149M	Buy	2,761,347 +106,067	+4%	+$5.34M	0.07%	257
2015 Q4	$140M	Hold	2,655,280	–	–	0.07%	263
2015 Q3	$126M	Buy	2,655,280 +30,582	+1%	+$1.43M	0.07%	291
2015 Q2	$123M	Hold	2,624,698	–	–	0.06%	304
2015 Q1	$130M	Buy	2,624,698 +42,669	+2%	+$2.07M	0.06%	305
2014 Q4	$119M	Buy	2,582,029 +74,115	+3%	+$3.42M	0.06%	310
2014 Q3	$111M	Sell	2,507,914 -2,507,914	-50%	-$105M	0.06%	307
2014 Q2	$208M	Buy	5,015,828 +2,507,914	+100%	+$103M	0.06%	325
2014 Q1	$107M	Hold	2,507,914	–	–	0.06%	310
2013 Q4	$114M	Sell	2,507,914 -402,729	-14%	-$17.2M	0.07%	284
2013 Q3	$118M	Sell	2,910,643 -59,451	-2%	-$2.35M	0.07%	286
2013 Q2	$108M	Buy	+2,970,094	New	+$109M	0.07%	279

Other funds holding PAYX

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

Federated Hermes Pittsburgh, Pennsylvania $61.5B AUM 30.7% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Norges Bank's PAYX Position: Q1 2026 in Review

Norges Bank sold out of Paychex (PAYX) in Q1 2026, closing a stake of 2,297,192 shares — an estimated $258M sold.

Norges Bank first reported a position in PAYX in Q2 2013 and held it in 50 quarters. The position peaked at $302M in Q2 2025. 1,504 funds tracked by Wall St. Rank hold PAYX as of Q1 2026.

Norges Bank reported no remaining Paychex position as of Q1 2026 after selling out during the quarter.
Norges Bank sold 2,297,192 Paychex shares in Q1 2026, an estimated $258M.
Norges Bank first reported a position in Paychex in Q2 2013 and held it in 50 quarters.
Norges Bank's Paychex position peaked at $302M in Q2 2025.
1,504 funds tracked by Wall St. Rank held Paychex as of Q1 2026.

Based on Norges Bank's 13F filing for Q1 2026.