PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

Louisiana State Employees Retirement System's Holding History (CIK: 0001537191)

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

Q4 2025

Shares 40,600 Value ($000) $4,555 Avg Close $116.54 Range $108.00 - $128.00

Q3 2025

Shares 43,200 Value ($000) $5,476 Avg Close $137.17 Range $117.88 - $146.69

Q2 2025

Shares 43,200 Value ($000) $6,284 Avg Close $147.52 Range $131.76 - $158.49

Q1 2025

Shares 43,500 Value ($000) $6,711 Avg Close $143.17 Range $130.91 - $154.56

Q4 2024

Shares 43,500 Value ($000) $6,100 Avg Close $137.31 Range $127.32 - $146.13

Q3 2024

Shares 45,400 Value ($000) $6,092 Avg Close $121.91 Range $110.27 - $132.34

Q2 2024

Shares 46,700 Value ($000) $5,537 Avg Close $116.34 Range $108.73 - $122.07

Q1 2024

Shares 46,900 Value ($000) $5,759 Avg Close $114.65 Range $109.88 - $118.72

Q4 2023

Shares 48,100 Value ($000) $5,729 Avg Close $111.08 Range $99.22 - $122.00

Q3 2023

Shares 48,400 Value ($000) $5,582 Avg Close $112.19 Range $102.46 - $120.23

Q2 2023

Shares 42,300 Value ($000) $4,732 Avg Close $101.03 Range $96.32 - $106.39

Q1 2023

Shares 38,800 Value ($000) $4,446 Avg Close $104.30 Range $97.60 - $110.45

Q4 2022

Shares 38,600 Value ($000) $4 Avg Close $106.57 Range $95.82 - $116.78

Q3 2022

Shares 39,900 Value ($000) $4,477 Avg Close $112.11 Range $100.21 - $126.48

Q2 2022

Shares 39,600 Value ($000) $4,719 Avg Close $112.87 Range $99.58 - $127.09

Q1 2022

Shares 39,500 Value ($000) $5,515 Avg Close $109.73 Range $98.39 - $125.97

Q4 2021

Shares 39,300 Value ($000) $5,365 Avg Close $109.87 Range $98.59 - $123.71

Q3 2021

Shares 38,500 Value ($000) $4,330 Avg Close $99.29 Range $94.17 - $104.68

Q2 2021

Shares 38,600 Value ($000) $4,142 Avg Close $88.28 Range $81.10 - $95.27

Q1 2021

Shares 38,500 Value ($000) $3,774 Avg Close $80.38 Range $74.08 - $88.33

Q4 2020

Shares 35,600 Value ($000) $3,317 Avg Close $76.93 Range $67.23 - $86.80

Q3 2020

Shares 16,300 Value ($000) $1,300 Avg Close $64.54 Range $59.78 - $69.40

Q2 2020

Shares 13,700 Value ($000) $1,038 Avg Close $58.96 Range $49.78 - $68.91

Q1 2020

Shares 13,600 Value ($000) $856 Avg Close $67.41 Range $40.50 - $76.59

Q4 2019

Shares 15,100 Value ($000) $1,284 Avg Close $70.68 Range $66.71 - $73.78

Q3 2019

Shares 15,400 Value ($000) $1,275 Avg Close $69.13 Range $65.71 - $71.95

Q2 2019

Shares 16,000 Value ($000) $1,372 Avg Close $69.57 Range $65.71 - $73.20

Q1 2019

Shares 16,900 Value ($000) $1,355 Avg Close $60.45 Range $51.63 - $66.34

Q4 2018

Shares 16,800 Value ($000) $1,095 Avg Close $55.05 Range $49.99 - $61.44

Q3 2018

Shares 18,700 Value ($000) $1,377 Avg Close $57.93 Range $53.90 - $61.20

Q2 2018

Shares 18,800 Value ($000) $1,285 Avg Close $51.54 Range $47.31 - $56.42

Q1 2018

Shares 19,500 Value ($000) $1,201 Avg Close $52.37 Range $47.16 - $57.65

Q4 2017

Shares 19,400 Value ($000) $1,321 Avg Close $51.63 Range $46.43 - $55.51

Q3 2017

Shares 20,000 Value ($000) $1,199 Avg Close $44.58 Range $42.41 - $47.62

Q2 2017

Shares 19,800 Value ($000) $1,127 Avg Close $45.43 Range $43.85 - $47.78

Q1 2017

Shares 19,600 Value ($000) $1,154 Avg Close $46.69 Range $43.94 - $48.53

Q4 2016

Shares 20,200 Value ($000) $1,230 Avg Close $43.92 Range $40.33 - $47.52

Q3 2016

Shares 20,400 Value ($000) $1,181 Avg Close $45.34 Range $43.20 - $46.70

Q2 2016

Shares 21,000 Value ($000) $1,250 Avg Close $40.17 Range $38.40 - $44.78

Q1 2016

Shares 21,500 Value ($000) $1,161 Avg Close $37.48 Range $33.83 - $40.71

Q4 2015

Shares 22,500 Value ($000) $1,190 Avg Close $38.55 Range $34.02 - $40.50

Q3 2015

Shares 23,500 Value ($000) $1,119 Avg Close $34.10 Range $30.50 - $35.69

Q2 2015

Shares 23,800 Value ($000) $1,116 Avg Close $35.43 Range $33.81 - $36.83

Q1 2015

Shares 23,600 Value ($000) $1,171 Avg Close $34.95 Range $32.10 - $37.30

Q4 2014

Shares 24,600 Value ($000) $1,136 Avg Close $32.95 Range $29.84 - $34.48

Q3 2014

Shares 25,100 Value ($000) $1,109 Avg Close $29.74 Range $28.45 - $31.56

Q2 2014

Shares 25,400 Value ($000) $1,056 Avg Close $28.79 Range $27.74 - $30.17

Q1 2014

Shares 25,700 Value ($000) $1,095 Avg Close $29.49 Range $27.78 - $31.75

Q4 2013

Shares 26,200 Value ($000) $1,193 Avg Close $29.42 Range $26.88 - $31.75

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	40,600	$4,555	$116.54	$108.00 - $128.00
Q3 2025	43,200	$5,476	$137.17	$117.88 - $146.69
Q2 2025	43,200	$6,284	$147.52	$131.76 - $158.49
Q1 2025	43,500	$6,711	$143.17	$130.91 - $154.56
Q4 2024	43,500	$6,100	$137.31	$127.32 - $146.13
Q3 2024	45,400	$6,092	$121.91	$110.27 - $132.34
Q2 2024	46,700	$5,537	$116.34	$108.73 - $122.07
Q1 2024	46,900	$5,759	$114.65	$109.88 - $118.72
Q4 2023	48,100	$5,729	$111.08	$99.22 - $122.00
Q3 2023	48,400	$5,582	$112.19	$102.46 - $120.23
Q2 2023	42,300	$4,732	$101.03	$96.32 - $106.39
Q1 2023	38,800	$4,446	$104.30	$97.60 - $110.45
Q4 2022	38,600	$4	$106.57	$95.82 - $116.78
Q3 2022	39,900	$4,477	$112.11	$100.21 - $126.48
Q2 2022	39,600	$4,719	$112.87	$99.58 - $127.09
Q1 2022	39,500	$5,515	$109.73	$98.39 - $125.97
Q4 2021	39,300	$5,365	$109.87	$98.59 - $123.71
Q3 2021	38,500	$4,330	$99.29	$94.17 - $104.68
Q2 2021	38,600	$4,142	$88.28	$81.10 - $95.27
Q1 2021	38,500	$3,774	$80.38	$74.08 - $88.33
Q4 2020	35,600	$3,317	$76.93	$67.23 - $86.80
Q3 2020	16,300	$1,300	$64.54	$59.78 - $69.40
Q2 2020	13,700	$1,038	$58.96	$49.78 - $68.91
Q1 2020	13,600	$856	$67.41	$40.50 - $76.59
Q4 2019	15,100	$1,284	$70.68	$66.71 - $73.78
Q3 2019	15,400	$1,275	$69.13	$65.71 - $71.95
Q2 2019	16,000	$1,372	$69.57	$65.71 - $73.20
Q1 2019	16,900	$1,355	$60.45	$51.63 - $66.34
Q4 2018	16,800	$1,095	$55.05	$49.99 - $61.44
Q3 2018	18,700	$1,377	$57.93	$53.90 - $61.20
Q2 2018	18,800	$1,285	$51.54	$47.31 - $56.42
Q1 2018	19,500	$1,201	$52.37	$47.16 - $57.65
Q4 2017	19,400	$1,321	$51.63	$46.43 - $55.51
Q3 2017	20,000	$1,199	$44.58	$42.41 - $47.62
Q2 2017	19,800	$1,127	$45.43	$43.85 - $47.78
Q1 2017	19,600	$1,154	$46.69	$43.94 - $48.53
Q4 2016	20,200	$1,230	$43.92	$40.33 - $47.52
Q3 2016	20,400	$1,181	$45.34	$43.20 - $46.70
Q2 2016	21,000	$1,250	$40.17	$38.40 - $44.78
Q1 2016	21,500	$1,161	$37.48	$33.83 - $40.71
Q4 2015	22,500	$1,190	$38.55	$34.02 - $40.50
Q3 2015	23,500	$1,119	$34.10	$30.50 - $35.69
Q2 2015	23,800	$1,116	$35.43	$33.81 - $36.83
Q1 2015	23,600	$1,171	$34.95	$32.10 - $37.30
Q4 2014	24,600	$1,136	$32.95	$29.84 - $34.48
Q3 2014	25,100	$1,109	$29.74	$28.45 - $31.56
Q2 2014	25,400	$1,056	$28.79	$27.74 - $30.17
Q1 2014	25,700	$1,095	$29.49	$27.78 - $31.75
Q4 2013	26,200	$1,193	$29.42	$26.88 - $31.75