PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

Covenant Partners, LLC's Holding History (CIK: 0001302739)

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

Q4 2025

Shares 10,822 Value ($000) $1,214 Avg Close $116.54 Range $108.00 - $128.00

Q3 2025

Shares 10,822 Value ($000) $1,372 Avg Close $137.17 Range $117.88 - $146.69

Q2 2025

Shares 10,822 Value ($000) $1,574 Avg Close $147.52 Range $131.76 - $158.49

Q1 2025

Shares 10,822 Value ($000) $1,670 Avg Close $143.17 Range $130.91 - $154.56

Q4 2024

Shares 10,822 Value ($000) $1,517 Avg Close $137.31 Range $127.32 - $146.13

Q3 2024

Shares 12,376 Value ($000) $1,661 Avg Close $121.91 Range $110.27 - $132.34

Q2 2024

Shares 11,943 Value ($000) $1,416 Avg Close $116.34 Range $108.73 - $122.07

Q1 2024

Shares 11,943 Value ($000) $1,467 Avg Close $114.65 Range $109.88 - $118.72

Q4 2023

Shares 11,943 Value ($000) $1,423 Avg Close $111.08 Range $99.22 - $122.00

Q3 2023

Shares 11,943 Value ($000) $1,377 Avg Close $112.19 Range $102.46 - $120.23

Q2 2023

Shares 11,943 Value ($000) $1,336 Avg Close $101.03 Range $96.32 - $106.39

Q1 2023

Shares 11,943 Value ($000) $1,369 Avg Close $104.30 Range $97.60 - $110.45

Q4 2022

Shares 13,667 Value ($000) $1,579 Avg Close $106.57 Range $95.82 - $116.78

Q3 2022

Shares 13,667 Value ($000) $1,534 Avg Close $112.11 Range $100.21 - $126.48

Q2 2022

Shares 13,667 Value ($000) $1,556 Avg Close $112.87 Range $99.58 - $127.09

Q1 2022

Shares 13,667 Value ($000) $1,865 Avg Close $109.73 Range $98.39 - $125.97

Q4 2021

Shares 13,667 Value ($000) $1,866 Avg Close $109.87 Range $98.59 - $123.71

Q3 2021

Shares 13,667 Value ($000) $1,537 Avg Close $99.29 Range $94.17 - $104.68

Q2 2021

Shares 13,667 Value ($000) $1,466 Avg Close $88.28 Range $81.10 - $95.27

Q1 2021

Shares 13,667 Value ($000) $1,340 Avg Close $80.38 Range $74.08 - $88.33

Q4 2020

Shares 18,304 Value ($000) $1,706 Avg Close $76.93 Range $67.23 - $86.80

Q3 2020

Shares 15,459 Value ($000) $1,233 Avg Close $64.54 Range $59.78 - $69.40

Q2 2020

Shares 14,627 Value ($000) $1,108 Avg Close $58.96 Range $49.78 - $68.91

Q1 2020

Shares 14,627 Value ($000) $920 Avg Close $67.41 Range $40.50 - $76.59

Q4 2019

Shares 16,241 Value ($000) $1,381 Avg Close $70.68 Range $66.71 - $73.78

Q3 2019

Shares 16,241 Value ($000) $1,344 Avg Close $69.13 Range $65.71 - $71.95

Q2 2019

Shares 16,241 Value ($000) $1,336 Avg Close $69.57 Range $65.71 - $73.20

Q1 2019

Shares 16,241 Value ($000) $1,303 Avg Close $60.45 Range $51.63 - $66.34

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,822	$1,214	$116.54	$108.00 - $128.00
Q3 2025	10,822	$1,372	$137.17	$117.88 - $146.69
Q2 2025	10,822	$1,574	$147.52	$131.76 - $158.49
Q1 2025	10,822	$1,670	$143.17	$130.91 - $154.56
Q4 2024	10,822	$1,517	$137.31	$127.32 - $146.13
Q3 2024	12,376	$1,661	$121.91	$110.27 - $132.34
Q2 2024	11,943	$1,416	$116.34	$108.73 - $122.07
Q1 2024	11,943	$1,467	$114.65	$109.88 - $118.72
Q4 2023	11,943	$1,423	$111.08	$99.22 - $122.00
Q3 2023	11,943	$1,377	$112.19	$102.46 - $120.23
Q2 2023	11,943	$1,336	$101.03	$96.32 - $106.39
Q1 2023	11,943	$1,369	$104.30	$97.60 - $110.45
Q4 2022	13,667	$1,579	$106.57	$95.82 - $116.78
Q3 2022	13,667	$1,534	$112.11	$100.21 - $126.48
Q2 2022	13,667	$1,556	$112.87	$99.58 - $127.09
Q1 2022	13,667	$1,865	$109.73	$98.39 - $125.97
Q4 2021	13,667	$1,866	$109.87	$98.59 - $123.71
Q3 2021	13,667	$1,537	$99.29	$94.17 - $104.68
Q2 2021	13,667	$1,466	$88.28	$81.10 - $95.27
Q1 2021	13,667	$1,340	$80.38	$74.08 - $88.33
Q4 2020	18,304	$1,706	$76.93	$67.23 - $86.80
Q3 2020	15,459	$1,233	$64.54	$59.78 - $69.40
Q2 2020	14,627	$1,108	$58.96	$49.78 - $68.91
Q1 2020	14,627	$920	$67.41	$40.50 - $76.59
Q4 2019	16,241	$1,381	$70.68	$66.71 - $73.78
Q3 2019	16,241	$1,344	$69.13	$65.71 - $71.95
Q2 2019	16,241	$1,336	$69.57	$65.71 - $73.20
Q1 2019	16,241	$1,303	$60.45	$51.63 - $66.34