PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

MARSHALL WACE, LLP's Holding History (CIK: 0001318757)

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

Q4 2025

Shares 107,245 Value ($000) $12,031 Avg Close $116.54 Range $108.00 - $128.00

Q3 2025

Shares 255,460 Value ($000) $32,382 Avg Close $137.17 Range $117.88 - $146.69

Q2 2025

Shares 1,078,328 Value ($000) $156,854 Avg Close $147.52 Range $131.76 - $158.49

Q1 2025

Shares 385,795 Value ($000) $59,520 Avg Close $143.17 Range $130.91 - $154.56

Q4 2024

Shares 1,621 Value ($000) $227 Avg Close $137.31 Range $127.32 - $146.13

Q2 2024

Shares 53,738 Value ($000) $6,371 Avg Close $116.34 Range $108.73 - $122.07

Q3 2023

Shares 7,711 Value ($000) $889 Avg Close $112.19 Range $102.46 - $120.23

Q2 2023

Shares 183,537 Value ($000) $20,532 Avg Close $101.03 Range $96.32 - $106.39

Q1 2023

Shares 724,328 Value ($000) $83,001 Avg Close $104.30 Range $97.60 - $110.45

Q4 2022

Shares 1,437,729 Value ($000) $166,144 Avg Close $106.57 Range $95.82 - $116.78

Q3 2022

Shares 737,904 Value ($000) $82,801 Avg Close $112.11 Range $100.21 - $126.48

Q2 2022

Shares 227,472 Value ($000) $25,904 Avg Close $112.87 Range $99.58 - $127.09

Q1 2022

Shares 29,392 Value ($000) $4,011 Avg Close $109.73 Range $98.39 - $125.97

Q4 2021

Shares 434,801 Value ($000) $59,352 Avg Close $109.87 Range $98.59 - $123.71

Q3 2021

Shares 97,732 Value ($000) $10,990 Avg Close $99.29 Range $94.17 - $104.68

Q2 2021

Shares 21,286 Value ($000) $2,284 Avg Close $88.28 Range $81.10 - $95.27

Q1 2021

Shares 39,165 Value ($000) $3,839 Avg Close $80.38 Range $74.08 - $88.33

Q1 2020

Shares 76 Value ($000) $5 Avg Close $67.41 Range $40.50 - $76.59

Q4 2019

Shares 7,947 Value ($000) $676 Avg Close $70.68 Range $66.71 - $73.78

Q2 2018

Shares 385,354 Value ($000) $26,339 Avg Close $51.54 Range $47.31 - $56.42

Q3 2015

Shares 6,932 Value ($000) $330 Avg Close $34.10 Range $30.50 - $35.69

Q2 2015

Shares 198,531 Value ($000) $9,307 Avg Close $35.43 Range $33.81 - $36.83

Q1 2014

Shares 351,032 Value ($000) $14,954 Avg Close $29.49 Range $27.78 - $31.75

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	107,245	$12,031	$116.54	$108.00 - $128.00
Q3 2025	255,460	$32,382	$137.17	$117.88 - $146.69
Q2 2025	1,078,328	$156,854	$147.52	$131.76 - $158.49
Q1 2025	385,795	$59,520	$143.17	$130.91 - $154.56
Q4 2024	1,621	$227	$137.31	$127.32 - $146.13
Q2 2024	53,738	$6,371	$116.34	$108.73 - $122.07
Q3 2023	7,711	$889	$112.19	$102.46 - $120.23
Q2 2023	183,537	$20,532	$101.03	$96.32 - $106.39
Q1 2023	724,328	$83,001	$104.30	$97.60 - $110.45
Q4 2022	1,437,729	$166,144	$106.57	$95.82 - $116.78
Q3 2022	737,904	$82,801	$112.11	$100.21 - $126.48
Q2 2022	227,472	$25,904	$112.87	$99.58 - $127.09
Q1 2022	29,392	$4,011	$109.73	$98.39 - $125.97
Q4 2021	434,801	$59,352	$109.87	$98.59 - $123.71
Q3 2021	97,732	$10,990	$99.29	$94.17 - $104.68
Q2 2021	21,286	$2,284	$88.28	$81.10 - $95.27
Q1 2021	39,165	$3,839	$80.38	$74.08 - $88.33
Q1 2020	76	$5	$67.41	$40.50 - $76.59
Q4 2019	7,947	$676	$70.68	$66.71 - $73.78
Q2 2018	385,354	$26,339	$51.54	$47.31 - $56.42
Q3 2015	6,932	$330	$34.10	$30.50 - $35.69
Q2 2015	198,531	$9,307	$35.43	$33.81 - $36.83
Q1 2014	351,032	$14,954	$29.49	$27.78 - $31.75