PAYX · Paychex Inc

$116.45 +0.12 (+0.10%)

Market Cap

$41.38B

355.68M

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

The Jun 30, 2026 filing window is still open — showing the latest known positions. Funds that have not filed yet carry their prior-quarter positions; a fund that filed without this stock counts as sold out.

Report Date:

Holders: 1,530

Total Value: $25,484,162,908

Total Shares: 275,174,183

Showing 1–100 of 1,566 holdings by value · page 1 of 16

Institutional Ownership Trend

26 quarters

Superinvestors Holding PAYX

All superinvestors →

Joel Greenblatt $25,401,721 Thomas Gayner $13,818,000

Holder Concentration

Across 1,513 13F filers

Top Holder

10.9%

of institutional value

Top 5

37.6%

of institutional value

Top 10

48.5%

of institutional value

HHI

373

Broadly held

Showing 100 of 1,566

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Mega Capital International Investors

$2,758,872,954

10.83%

29,948,686

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CAPITAL GROUP COMPANIES INC joint	29,948,686	$2,758,872,954	100.0%	Defined

Mega BlackRock, Inc.

$2,617,539,309

10.27%

28,414,452

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BLACKROCK FINANCIAL MANAGEMENT INC/DE	695,077	$64,030,493	2.4%	Sole
BlackRock Investment Management (Australia) Ltd	300,100	$27,645,212	1.1%	Sole
BlackRock Asset Management Canada Ltd	485,715	$44,744,065	1.7%	Sole
BLACKROCK (SINGAPORE) LTD.	26,220	$2,415,386	0.1%	Sole
BlackRock Asset Management North Asia Ltd	57,537	$5,300,308	0.2%	Sole
BlackRock Investment Management, LLC	585,205	$53,909,084	2.1%	Sole
BLACKROCK ADVISORS LLC	184,850	$17,028,382	0.7%	Sole
BlackRock Fund Advisors	12,507,800	$1,152,218,536	44.0%	Sole
BlackRock Institutional Trust Company, N.A.	6,591,515	$607,210,361	23.2%	Sole
BlackRock Japan Co. Ltd	336,783	$31,024,449	1.2%	Sole
BlackRock Fund Managers Ltd.	383,128	$35,293,751	1.3%	Sole
BlackRock Investment Management (UK) Ltd.	397,231	$36,592,919	1.4%	Sole
BlackRock (Netherlands) B.V.	822,607	$75,778,556	2.9%	Sole
BlackRock Asset Management Ireland Ltd	3,728,810	$343,497,977	13.1%	Sole
BlackRock Advisors (UK) Ltd	17,155	$1,580,318	0.1%	Sole
BlackRock Asset Management Deutschland AG	99,410	$9,157,649	0.3%	Sole
BlackRock (Luxembourg) S.A.	20,035	$1,845,624	0.1%	Sole
BlackRock Life Ltd	75,326	$6,939,031	0.3%	Sole
BlackRock Asset Management Schweiz AG	14,204	$1,308,472	0.0%	Sole
Aperio Group, LLC	947,372	$87,271,908	3.3%	Other
SpiderRock Advisors, LLC	138,372	$12,746,828	0.5%	Sole

Mega VANGUARD CAPITAL MANAGEMENT LLC

$1,931,320,672

7.58%

20,965,270

Mega STATE STREET CORP

$1,294,251,731

5.08%

14,049,628

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STATE STREET GLOBAL ADVISORS (JAPAN) CO., LTD. joint	14,049,628	$1,294,251,731	100.0%	Defined

Mega GEODE CAPITAL MANAGEMENT, LLC

$946,121,038

3.71%

10,270,528

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GEODE CAPITAL MANAGEMENT TRUST COMPANY, LLC	1,028,473	$94,742,932	10.0%	Defined
Held directly	9,242,055	$851,378,106	90.0%	Defined

Mega CHARLES SCHWAB INVESTMENT MANAGEMENT INC

$863,648,306

3.39%

9,375,253

Large FEDERATED HERMES, INC.

$542,179,259

2.13%

5,885,576

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
FEDERATED INVESTMENT COUNSELING	2,114,096	$194,750,523	35.9%	Defined
FEDERATED EQUITY MANAGEMENT CO OF PENNSYLVANIA	3,771,424	$347,423,578	64.1%	Defined
FEDERATED MDTA LLC	56	$5,158	0.0%	Defined

Mega MORGAN STANLEY

$488,054,331

1.92%

5,298,028

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO INTERNATIONAL PLC	2,450	$225,694	0.0%	Defined
MORGAN STANLEY & CO. LLC	511,604	$47,128,960	9.7%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	840,363	$77,414,239	15.9%	Defined
MORGAN STANLEY AIP GP LP	400	$36,847	0.0%	Defined
MORGAN STANLEY INVESTMENT MANAGEMENT INC	11,966	$1,102,307	0.2%	Defined
Morgan Stanley Investment Management LTD	4,355	$401,182	0.1%	Defined
MORGAN STANLEY SMITH BARNEY LLC	738,294	$68,011,642	13.9%	Defined
Morgan Stanley Bank, N.A.	1,189	$109,530	0.0%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	2,892,023	$266,413,158	54.6%	Defined
EATON VANCE MANAGEMENT	156,580	$14,424,149	3.0%	Defined
Calvert Research & Management	47,358	$4,362,618	0.9%	Defined
BOSTON MANAGEMENT & RESEARCH	91,446	$8,424,005	1.7%	Defined

Mega Invesco Ltd.

$483,713,638

1.90%

5,250,908

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Invesco Advisers, Inc. joint	361,441	$33,295,942	6.9%	Defined
Invesco Canada Ltd. joint	12,968	$1,194,611	0.2%	Defined
Invesco Trust Co joint	136,640	$12,587,276	2.6%	Defined
Invesco Management S.A.	5,868	$540,560	0.1%	Defined
Invesco Asset Management (Japan) Limited joint	7,630	$702,875	0.1%	Defined
Invesco Investment Advisers LLC	29,673	$2,733,476	0.6%	Defined
Invesco Capital Management LLC	4,696,688	$432,658,898	89.4%	Defined

Mega BANK OF AMERICA CORP /DE/ Bank

$398,316,743

1.56%

4,323,890

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	820,106	$75,548,164	19.0%	Defined
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	496,584	$45,745,318	11.5%	Defined
BOFA SECURITIES, INC.	69,522	$6,404,366	1.6%	Defined
MERRILL LYNCH INTERNATIONAL	2,599	$239,419	0.1%	Defined
U.S. TRUST Co OF DELAWARE	8,294	$764,043	0.2%	Defined
MANAGED ACCOUNT ADVISORS LLC joint	2,903,017	$267,425,925	67.1%	Defined
BofA Securities Europe SA	23,768	$2,189,508	0.5%	Defined

Mega WELLS FARGO & COMPANY/MN

$390,519,523

1.53%

4,239,248

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	183,988	$16,948,974	4.3%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	1,533,424	$141,259,018	36.2%	Defined
WELLS FARGO CLEARING SERVICES, LLC	2,469,220	$227,464,546	58.2%	Defined
Wells Fargo Securities, LLC	29,322	$2,701,142	0.7%	Defined
WELLS FARGO INVESTMENT INSTITUTE, INC.	23,294	$2,145,843	0.5%	Defined

Mega NORTHERN TRUST CORP Bank

$368,184,935

1.44%

3,996,797

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	2,877,896	$265,111,777	72.0%	Defined
NORTHERN TRUST GLOBAL INVESTMENTS LTD	739,061	$68,082,298	18.5%	Defined
Northern Trust Asset Management Australia Pty Ltd	328,401	$30,252,300	8.2%	Defined
Northern Trust Co of Hong Kong Ltd	36,579	$3,369,657	0.9%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC joint	14,860	$1,368,903	0.4%	Other

Mega GOLDMAN SACHS GROUP INC

$364,732,188

1.43%

3,959,316

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	793,451	$73,092,706	20.0%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	3,140,106	$289,266,564	79.3%	Defined
GOLDMAN SACHS INTERNATIONAL	5,501	$506,752	0.1%	Defined
GOLDMAN SACHS WEALTH SERVICES, L.P.	3,255	$299,850	0.1%	Defined
Goldman Sachs Trust Company, N.A.	17,003	$1,566,316	0.4%	Defined

Large Select Equity Group, L.P.

$338,087,124

1.33%

3,670,073

Mega UBS Group AG

$325,403,672

1.28%

3,532,389

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	450,017	$41,455,566	12.7%	Defined
UBS AG	2,182,754	$201,075,298	61.8%	Defined
UBS Switzerland AG	885,227	$81,547,110	25.1%	Defined
UBS Securities LLC	14,391	$1,325,698	0.4%	Defined

Mega DIMENSIONAL FUND ADVISORS LP

$260,015,053

1.02%

2,822,569

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Dimensional Fund Advisors Ltd.	25,008	$2,303,736	0.9%	Defined
DFA Australia Ltd.	201,641	$18,575,168	7.1%	Defined
Dimensional Fund Advisors Pte. Ltd.	7,317	$674,042	0.3%	Defined
Dimensional Ireland Ltd	198,523	$18,287,938	7.0%	Defined
Held directly	2,390,080	$220,174,169	84.7%	Sole

Mega ENVESTNET ASSET MANAGEMENT INC

$255,584,452

1.00%

2,774,473

Mega JPMORGAN CHASE & CO

$252,674,006

0.99%

2,742,879

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Trust Co of Delaware	2,877	$265,028	0.1%	Other
JPMorgan Chase Bank, N.A.	294,951	$27,170,885	10.8%	Other
J.P. Morgan Investment Management Inc.	464,837	$42,820,784	16.9%	Defined
J.P. Morgan Securities LLC	1,371,648	$126,356,213	50.0%	Defined
J.P. Morgan Securities plc	182,778	$16,837,509	6.7%	Defined
JPMorgan Asset Management (UK) Ltd	24,511	$2,257,953	0.9%	Defined
JPMorgan Asset Management (Canada) Inc.	157	$14,462	0.0%	Defined
JPMorgan Asset Management (Asia Pacific) Ltd	1,822	$167,842	0.1%	Defined
55I, LLC	5,181	$477,273	0.2%	Other
J.P. Morgan SE	69,386	$6,391,838	2.5%	Defined
J.P. MORGAN MANSART MANAGEMENT Ltd	324,731	$29,914,219	11.8%	Defined

Mega UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

$248,668,077

0.98%

2,699,393

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Group AG	205,838	$18,961,796	7.6%	Defined
UBS Asset Management Switzerland AG	1,076,660	$99,181,918	39.9%	Defined
UBS Asset Management (UK) Ltd.	886,143	$81,631,491	32.8%	Defined
UBS Asset Management Life Ltd.	20,423	$1,881,366	0.8%	Defined
Held directly	510,329	$47,011,506	18.9%	Defined

Mega Legal & General Group Plc

$216,032,545

0.85%

2,345,121

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Legal & General Investment Management America Inc	711,335	$65,528,180	30.3%	Defined
Legal & General Investment Management Ltd joint	1,633,786	$150,504,365	69.7%	Defined

Mega FIRST TRUST ADVISORS LP

$215,934,438

0.85%

2,344,056

Mega Capital Research Global Investors

$193,296,501

0.76%

2,098,312

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CAPITAL GROUP COMPANIES INC joint	2,098,312	$193,296,501	100.0%	Defined

Mega AMERIPRISE FINANCIAL INC

$185,780,060

0.73%

2,016,718

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Columbia Management Investment Advisers, LLC	85,929	$7,915,779	4.3%	Defined
Ameriprise Financial Services, LLC joint	1,919,129	$176,790,163	95.2%	Defined
Ameriprise Bank, FSB	1,773	$163,328	0.1%	Defined
Columbia Threadneedle Management Ltd	9,887	$910,790	0.5%	Defined

Mega Bank of New York Mellon Corp Bank

$184,938,260

0.73%

2,007,580

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BNY Mellon Trust of Delaware joint	3,572	$329,051	0.2%	Defined
Mellon Investments Corporation joint	1,017,263	$93,710,265	50.7%	Defined
BNY Mellon Investment Adviser, Inc.	24,726	$2,277,759	1.2%	Defined
The Bank of New York Mellon	599,414	$55,218,017	29.9%	Defined
BNY Mellon, NA joint	164,490	$15,152,817	8.2%	Defined
BNY Mellon Advisors, Inc.	62,108	$5,721,388	3.1%	Defined
Newton Investment Management North America, LLC joint	136,005	$12,528,779	6.8%	Defined
Held directly	2	$184	0.0%	Defined

Mid Guinness Asset Management LTD

$182,556,233

0.72%

1,856,567

Large STIFEL FINANCIAL CORP

$170,031,224

0.67%

1,845,758

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STIFEL NICOLAUS & CO INC \MO\	1,796,104	$165,457,100	97.3%	Defined
EquityCompass Investment Management	8,555	$788,086	0.5%	Defined
Stifel Independent Advisors, LLC	20,213	$1,862,021	1.1%	Defined
1919 Investment Counsel, LLC	9,225	$849,807	0.5%	Defined
Stifel Trust Company, N.A.	7,697	$709,047	0.4%	Defined
Washington Crossing Advisers LLC	1,421	$130,902	0.1%	Defined
Held directly	2,543	$234,261	0.1%	Defined

Mega VANGUARD FIDUCIARY TRUST CO Bank

$168,863,605

0.66%

1,833,083

Mega RAYMOND JAMES FINANCIAL INC

$161,261,769

0.63%

1,750,562

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	1,500,789	$138,252,682	85.7%	Defined
Raymond James Financial Services Advisors, Inc.	179,947	$16,576,717	10.3%	Defined
EAGLE ASSET MANAGEMENT INC	2,230	$205,427	0.1%	Defined
RAYMOND JAMES TRUST N.A.	67,596	$6,226,943	3.9%	Defined

Mega Amundi

$150,580,179

0.59%

1,634,609

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Amundi Asset Management joint	1,394,779	$128,487,040	85.3%	Defined
CPR Asset Management	239,830	$22,093,139	14.7%	Defined

Mega LPL Financial LLC

$133,722,773

0.52%

1,451,615

Mega VICTORY CAPITAL MANAGEMENT INC

$128,955,655

0.51%

1,399,866

Mega DEUTSCHE BANK AG\ Bank

$128,910,880

0.51%

1,399,380

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Deutsche Bank Trust Co Americas	1,030	$94,883	0.1%	Defined
DWS Investment GmbH	20,414	$1,880,537	1.5%	Defined
DWS INVESTMENT MANAGEMENT AMERICAS, INC	33,232	$3,061,331	2.4%	Defined
DEUTSCHE BANK NATIONAL TRUST Co	961	$88,527	0.1%	Defined
Deutsche Bank Trust Co Delaware	262	$24,135	0.0%	Defined
DEUTSCHE BANK TRUST COMPANY, NATIONAL ASSOCIATION	633	$58,311	0.0%	Defined
DWS Investments UK Ltd	1,066,519	$98,247,730	76.2%	Defined
DBX Advisors LLC	37,143	$3,421,613	2.7%	Defined
Deutsche Bank S.p.A	4,539	$418,132	0.3%	Defined
DWS Investments Hong Kong Ltd	15,817	$1,457,062	1.1%	Defined
DWS International GmbH	218,830	$20,158,619	15.6%	Defined

Large LONDON CO OF VIRGINIA

$124,741,810

0.49%

1,354,123

Large Pacer Advisors, Inc.

$121,751,595

0.48%

1,321,663

Mega ROYAL BANK OF CANADA Bank

$121,291,727

0.48%

1,316,671

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Global Asset Management Inc.	110,678	$10,195,657	8.4%	Defined
RBC Capital Markets, LLC	626,640	$57,726,076	47.6%	Defined
RBC Dominion Securities Inc.	238,224	$21,945,194	18.1%	Defined
RBC Private Counsel (USA) Inc.	557	$51,310	0.0%	Defined
RBC Trust Co (Delaware) Ltd	3,480	$320,577	0.3%	Defined
CITY NATIONAL BANK	34,949	$3,219,501	2.7%	Defined
CITY NATIONAL ROCHDALE, LLC	186,332	$17,164,903	14.2%	Defined
Held directly	115,811	$10,668,509	8.8%	Sole

Mid Hamlin Capital Management, LLC

$117,678,492

0.46%

1,196,771

Large RENAISSANCE TECHNOLOGIES LLC

$107,430,436

0.42%

1,166,201

Mega MILLENNIUM MANAGEMENT LLC

$104,554,265

0.41%

1,134,979

Mega FMR LLC

$97,630,893

0.38%

1,059,823

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Management & Research Co LLC	39,467	$3,635,700	3.7%	Defined
STRATEGIC ADVISERS LLC	1,018,843	$93,855,817	96.1%	Defined
FIAM LLC	1,082	$99,673	0.1%	Defined
Fidelity Diversifying Solutions LLC	431	$39,703	0.0%	Defined

Mega California Public Employees Retirement System Pension

$95,008,238

0.37%

1,031,353

Mega NEUBERGER BERMAN GROUP LLC

$94,618,478

0.37%

1,027,122

Mid CONFLUENCE INVESTMENT MANAGEMENT LLC

$93,651,850

0.37%

952,424

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 2	2,815	$276,798	0.3%	Defined
Held directly	949,609	$93,375,052	99.7%	Sole

Mega PNC FINANCIAL SERVICES GROUP, INC.

$92,601,139

0.36%

1,005,223

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	971,456	$89,490,525	96.6%	Defined
PNC Delaware Trust Company	5,807	$534,940	0.6%	Defined
PNC Ohio Trust Company	1,861	$171,435	0.2%	Defined
PNC Wealth Management LLC	26,099	$2,404,239	2.6%	Defined

Large VOLORIDGE INVESTMENT MANAGEMENT, LLC

$91,090,098

0.36%

988,820

Mega Nuveen, LLC

$90,291,786

0.35%

980,154

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Nuveen Asset Management, LLC joint	43,535	$4,010,444	4.4%	Defined
TIAA CREF INVESTMENT MANAGEMENT LLC joint	372,409	$34,306,317	38.0%	Defined
TEACHERS ADVISORS, LLC joint	564,210	$51,975,025	57.6%	Defined

Large Swiss Life Asset Management Ltd

$87,365,713

0.34%

888,495

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Swiss Life Asset Managers France	43,613	$4,288,466	4.9%	Defined
Held directly	844,882	$83,077,247	95.1%	Sole

Mega Swiss National Bank Bank

$87,338,972

0.34%

948,100

Mega BARCLAYS PLC

$85,061,027

0.33%

923,372

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BARCLAYS BANK PLC	622,035	$57,301,864	67.4%	Defined
BARCLAYS CAPITAL INC.	492	$45,323	0.1%	Defined
BARCLAYS CAPITAL SECURITIES LTD	235,987	$21,739,122	25.6%	Defined
Barclays Capital Luxembourg SaRL	63,514	$5,850,909	6.9%	Defined
Barclays Investment Solutions Ltd	1,344	$123,809	0.1%	Defined

Mega AQR CAPITAL MANAGEMENT LLC

$84,066,129

0.33%

912,572

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
KEB ASSET MANAGEMENT, LLC	70	$6,448	0.0%	Other
RF&L WEALTH MANAGEMENT, LLC	13	$1,197	0.0%	Other
Prism Planning Partners LLC	417	$38,414	0.0%	Other
Compound Planning, Inc.	81	$7,461	0.0%	Other
Arax Advisory Partners	8,983	$827,513	1.0%	Other
HALBERT HARGROVE GLOBAL ADVISORS, LLC	5,743	$529,045	0.6%	Other
Stokes Family Office, LLC	1,053	$97,002	0.1%	Other
Held directly	896,212	$82,559,049	98.2%	Defined

Mega Sumitomo Mitsui Trust Group, Inc.

$80,514,767

0.32%

818,822

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Amova Asset Management Co., Ltd.	818,822	$80,514,767	100.0%	Defined

Mid MCDONALD CAPITAL INVESTORS INC/CA

$75,963,464

0.30%

772,536

Mega CITIGROUP INC

$73,865,591

0.29%

801,841

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citibank, N.A. joint	3,947	$363,597	0.5%	Defined
Citigroup Financial Products Inc. joint	797,894	$73,501,994	99.5%	Defined

Mega Mitsubishi UFJ Asset Management Co., Ltd.

$71,628,827

0.28%

777,560

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MITSUBISHI UFJ FINANCIAL GROUP INC	777,560	$71,628,827	100.0%	Defined

Large Baird Financial Group, Inc.

$70,933,043

0.28%

770,007

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Robert W. Baird & Co. Inc	679,238	$62,571,404	88.2%	Defined
Strategas Asset Management, LLC	30	$2,763	0.0%	Defined
BAIRD TRUST Co	90,739	$8,358,876	11.8%	Defined

Mega FRANKLIN RESOURCES INC

$70,371,753

0.28%

763,914

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
FIDUCIARY TRUST CO INTERNATIONAL	49,556	$4,565,098	6.5%	Defined
Fiduciary Trust Co International of Pennsylvania	14,162	$1,304,603	1.9%	Defined
Fiduciary Trust International of California	15	$1,381	0.0%	Defined
Fiduciary Trust International of the South	65	$5,987	0.0%	Defined
FIDUCIARY TRUST INTERNATIONAL LLC	7,098	$653,867	0.9%	Defined
FRANKLIN ADVISERS INC	478,309	$44,061,825	62.6%	Defined
FRANKLIN ADVISORY SERVICES LLC	214,521	$19,761,674	28.1%	Defined
PUTNAM ADVISORY CO LLC	188	$17,318	0.0%	Other

Large Corient Private Wealth LLC

$68,363,541

0.27%

742,114

Mega HSBC HOLDINGS PLC

$66,648,723

0.26%

723,499

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
HSBC Bank USA, N.A.	93,390	$8,603,086	12.9%	Defined
HSBC Global Asset Management (Hong Kong) Ltd	1,019	$93,870	0.1%	Defined
HSBC Global Asset Management (UK) Ltd	431,603	$39,759,268	59.7%	Defined
HSBC Trinkaus & Burkhardt AG, Germany	36,056	$3,321,478	5.0%	Defined
Hang Seng Investment Management Ltd	3,110	$286,493	0.4%	Defined
HSBC BANK PLC	111,707	$10,290,448	15.4%	Defined
HSBC GLOBAL ASSET MANAGEMENT (DEUTSCHLAND) GMBH	44,316	$4,082,389	6.1%	Defined
HSBC SECURITIES USA INC	2,298	$211,691	0.3%	Defined

Mega Vanguard Global Advisers, LLC

$65,101,756

0.26%

706,706

Mega National Pension Service Pension

$63,099,804

0.25%

684,974

Large PFA Pension, Forsikringsaktieselskab Pension

$61,600,920

0.24%

668,703

Mega VANGUARD ASSET MANAGEMENT, Ltd

$60,689,853

0.24%

658,813

Mega BNP PARIBAS ARBITRAGE, SA

$59,448,628

0.23%

645,339

Mega RHUMBLINE ADVISERS

$58,795,037

0.23%

638,244

Mega PRICE T ROWE ASSOCIATES INC /MD/

$58,204,916

0.23%

631,838

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
T. Rowe Price International Ltd	457,142	$42,111,921	72.4%	Defined
Held directly	174,696	$16,092,995	27.6%	Sole

Mega ALLIANCEBERNSTEIN L.P.

$57,092,383

0.22%

619,761

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	619,761	$57,092,383	100.0%	Defined

Large CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM Pension

$51,670,844

0.20%

560,908

Mid CRAWFORD INVESTMENT COUNSEL INC

$51,330,645

0.20%

557,215

Mid DONALDSON CAPITAL MANAGEMENT, LLC

$51,204,809

0.20%

555,849

Mid Welch Group, LLC

$49,516,726

0.19%

503,577

Large NOMURA ASSET MANAGEMENT CO LTD

$48,958,831

0.19%

531,468

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Nomura Asset Management U.K. Ltd	133,123	$12,263,290	25.0%	Sole
Held directly	398,345	$36,695,541	75.0%	Sole

Large Mirae Asset Global Investments Co., Ltd.

$48,411,791

0.19%

492,340

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mirae Asset Global Investments (Hong Kong) LTD	539	$52,999	0.1%	Defined
Held directly	491,801	$48,358,792	99.9%	Sole

Large Capital International, Inc./CA/

$48,193,222

0.19%

523,157

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CAPITAL GROUP COMPANIES INC joint	523,157	$48,193,222	100.0%	Defined

Large Epoch Investment Partners, Inc.

$47,621,249

0.19%

516,948

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NEW YORK LIFE INVESTMENT MANAGEMENT LLC	218,596	$20,137,063	42.3%	Other
TORONTO DOMINION BANK	298,352	$27,484,186	57.7%	Defined

Large Woodline Partners LP

$47,587,994

0.19%

516,587

Large Mariner, LLC

$47,045,037

0.18%

510,693

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mariner Platform Solutions, LLC	12,241	$1,127,640	2.4%	Other
Mariner Independent Advisor Network, LLC	12,865	$1,185,123	2.5%	Other
Held directly	485,587	$44,732,274	95.1%	Sole

Large ProShare Advisors LLC

$46,562,514

0.18%

505,455

Large DekaBank Deutsche Girozentrale Bank

$45,561,261

0.18%

494,586

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Deka Investment GmbH	209,737	$19,320,972	42.4%	Defined
Deka Vermoegensmanagement GmbH	284,849	$26,240,289	57.6%	Defined

Large BAHL & GAYNOR INC

$44,898,090

0.18%

487,387

Large BANK OF NOVA SCOTIA Bank

$43,187,145

0.17%

468,814

Large LAZARD ASSET MANAGEMENT LLC

$42,870,252

0.17%

465,374

Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP

$42,835,800

0.17%

465,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	465,000	$42,835,800	100.0%	Other

Large BNP PARIBAS ASSET MANAGEMENT Holding S.A.

$42,449,632

0.17%

460,808

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BNP PARIBAS ASSET MANAGEMENT Europe	338,950	$31,224,074	73.6%	Defined
AXA INVESTMENT MANAGERS UK LIMITED	109,267	$10,065,676	23.7%	Defined
AXA INVESTMENT MANAGERS US INC.	12,591	$1,159,882	2.7%	Defined

Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP

$41,822,480

0.16%

454,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SUSQUEHANNA SECURITIES, LLC	454,000	$41,822,480	100.0%	Other

Mid OLD REPUBLIC INTERNATIONAL CORP

$41,603,423

0.16%

423,100

Mega Capital World Investors

$40,532,800

0.16%

440,000

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CAPITAL GROUP COMPANIES INC joint	440,000	$40,532,800	100.0%	Defined

Mid Willis Investment Counsel

$40,259,203

0.16%

437,030

Mega NORDEA INVESTMENT MANAGEMENT AB

$40,181,085

0.16%

436,182

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Nordea Funds Ltd	400,852	$36,926,486	91.9%	Defined
Nordea Investment Funds S.A.	35,330	$3,254,599	8.1%	Defined

Mid MILLER HOWARD INVESTMENTS INC /NY

$39,662,081

0.16%

430,548

Mega CITADEL ADVISORS LLC

$38,920,700

0.15%

422,500

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citadel Securities GP LLC	422,500	$38,920,700	100.0%	Defined

Large Cerity Partners LLC

$38,913,881

0.15%

422,426

Mega PRINCIPAL FINANCIAL GROUP INC

$37,482,246

0.15%

406,885

Large Quantinno Capital Management LP

$35,805,754

0.14%

388,686

Mid Welch & Forbes LLC

$35,740,496

0.14%

363,475

Mid GRANDFIELD & DODD, LLC

$35,574,717

0.14%

386,178

Large &PARTNERS

$34,208,762

0.13%

371,350

Large FORT WASHINGTON INVESTMENT ADVISORS INC /OH/

$33,824,635

0.13%

343,991

Mid Troy Asset Management Ltd

$33,711,314

0.13%

365,950

Mid RWC Asset Management LLP

$32,416,451

0.13%

329,670

Large MML INVESTORS SERVICES, LLC

$32,058,036

0.13%

348,003

Large ALPS ADVISORS INC

$31,394,310

0.12%

319,275

Key facts CIK 723531 CUSIP 704326107 13F (30d) 665 filings 634 filers Visit website Investor relations