PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

HUSSMAN STRATEGIC ADVISORS, INC.'s Holding History (CIK: 0001179475)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016
Shares 2,500 Value ($000) $135 Avg Close $37.48 Range $33.83 - $40.71