PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

Quantitative Investment Management, LLC's Holding History (CIK: 0001445911)

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

Q4 2025

Shares 20,844 Value ($000) $2 Avg Close $116.54 Range $108.00 - $128.00

Q3 2025

Shares 11,491 Value ($000) $1 Avg Close $137.17 Range $117.88 - $146.69

Q3 2024

Shares 15,736 Value ($000) $2 Avg Close $121.91 Range $110.27 - $132.34

Q2 2024

Shares 7,819 Value ($000) $1 Avg Close $116.34 Range $108.73 - $122.07

Q1 2024

Shares 18,158 Value ($000) $2 Avg Close $114.65 Range $109.88 - $118.72

Q4 2023

Shares 42,587 Value ($000) $5 Avg Close $111.08 Range $99.22 - $122.00

Q3 2023

Shares 13,526 Value ($000) $2 Avg Close $112.19 Range $102.46 - $120.23

Q1 2023

Shares 6,703 Value ($000) $1 Avg Close $104.30 Range $97.60 - $110.45

Q3 2022

Shares 2,637 Value ($000) $295 Avg Close $112.11 Range $100.21 - $126.48

Q4 2021

Shares 2,392 Value ($000) $326 Avg Close $109.87 Range $98.59 - $123.71

Q3 2021

Shares 22,258 Value ($000) $2,502 Avg Close $99.29 Range $94.17 - $104.68

Q4 2019

Shares 81,928 Value ($000) $6,968 Avg Close $70.68 Range $66.71 - $73.78

Q3 2019

Shares 46,413 Value ($000) $3,841 Avg Close $69.13 Range $65.71 - $71.95

Q2 2018

Shares 157,500 Value ($000) $10,765 Avg Close $51.54 Range $47.31 - $56.42

Q1 2018

Shares 80,300 Value ($000) $4,945 Avg Close $52.37 Range $47.16 - $57.65

Q4 2017

Shares 123,200 Value ($000) $8,387 Avg Close $51.63 Range $46.43 - $55.51

Q2 2017

Shares 56,900 Value ($000) $3,239 Avg Close $45.43 Range $43.85 - $47.78

Q1 2017

Shares 342,400 Value ($000) $20,167 Avg Close $46.69 Range $43.94 - $48.53

Q4 2016

Shares 100,800 Value ($000) $6,136 Avg Close $43.92 Range $40.33 - $47.52

Q2 2016

Shares 28,300 Value ($000) $1,683 Avg Close $40.17 Range $38.40 - $44.78

Q4 2015

Shares 98,800 Value ($000) $5,225 Avg Close $38.55 Range $34.02 - $40.50

Q4 2014

Shares 13,100 Value ($000) $604 Avg Close $32.95 Range $29.84 - $34.48

Q3 2014

Shares 42,200 Value ($000) $1,865 Avg Close $29.74 Range $28.45 - $31.56

Q4 2013

Shares 4,400 Value ($000) $200 Avg Close $29.42 Range $26.88 - $31.75

Q3 2013

Shares 24,000 Value ($000) $975 Avg Close $27.01 Range $24.67 - $28.27

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	20,844	$2	$116.54	$108.00 - $128.00
Q3 2025	11,491	$1	$137.17	$117.88 - $146.69
Q3 2024	15,736	$2	$121.91	$110.27 - $132.34
Q2 2024	7,819	$1	$116.34	$108.73 - $122.07
Q1 2024	18,158	$2	$114.65	$109.88 - $118.72
Q4 2023	42,587	$5	$111.08	$99.22 - $122.00
Q3 2023	13,526	$2	$112.19	$102.46 - $120.23
Q1 2023	6,703	$1	$104.30	$97.60 - $110.45
Q3 2022	2,637	$295	$112.11	$100.21 - $126.48
Q4 2021	2,392	$326	$109.87	$98.59 - $123.71
Q3 2021	22,258	$2,502	$99.29	$94.17 - $104.68
Q4 2019	81,928	$6,968	$70.68	$66.71 - $73.78
Q3 2019	46,413	$3,841	$69.13	$65.71 - $71.95
Q2 2018	157,500	$10,765	$51.54	$47.31 - $56.42
Q1 2018	80,300	$4,945	$52.37	$47.16 - $57.65
Q4 2017	123,200	$8,387	$51.63	$46.43 - $55.51
Q2 2017	56,900	$3,239	$45.43	$43.85 - $47.78
Q1 2017	342,400	$20,167	$46.69	$43.94 - $48.53
Q4 2016	100,800	$6,136	$43.92	$40.33 - $47.52
Q2 2016	28,300	$1,683	$40.17	$38.40 - $44.78
Q4 2015	98,800	$5,225	$38.55	$34.02 - $40.50
Q4 2014	13,100	$604	$32.95	$29.84 - $34.48
Q3 2014	42,200	$1,865	$29.74	$28.45 - $31.56
Q4 2013	4,400	$200	$29.42	$26.88 - $31.75
Q3 2013	24,000	$975	$27.01	$24.67 - $28.27