Act II Management’s Automatic Data Processing ADP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-17,214	Closed	-$1.77M	–	20
2016 Q4	$1.77M	Buy	+17,214	New	+$1.77M	1.28%	20
2013 Q3	–	Sell	-163,939	Closed	-$9.91M	–	40
2013 Q2	$9.91M	Buy	+163,939	New	+$9.91M	2.67%	19