Bares Capital Management’s Automatic Data Processing ADP Stock Holding History

Bares Capital Management’s Portfolio ADP Stock Details ADP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-9,738	Closed	-$812K	–	11
2014 Q4	$812K	Sell	9,738 -1,354	-12%	-$110K	0.1%	35
2014 Q3	$809K	Sell	11,092 -6	-0.1%	-$433	0.1%	34
2014 Q2	$773K	Hold	11,098	–	–	0.06%	48
2014 Q1	$753K	Hold	11,098	–	–	0.06%	49
2013 Q4	$787K	Hold	11,098	–	–	0.07%	44
2013 Q3	$705K	Hold	11,098	–	–	0.07%	48
2013 Q2	$671K	Buy	+11,098	New	+$662K	0.07%	49

Other funds holding ADP

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

MAA

Managed Account Advisors Jersey City, New Jersey $121B AUM 7.32% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Bares Capital Management's ADP Position: Q1 2015 in Review

Bares Capital Management sold out of Automatic Data Processing (ADP) in Q1 2015, closing a stake of 9,738 shares — an estimated $812K sold.

Bares Capital Management first reported a position in ADP in Q2 2013 and held it in 7 quarters. The position peaked at $812K in Q4 2014. 1,081 funds tracked by Wall St. Rank hold ADP as of Q1 2015.

Bares Capital Management reported no remaining Automatic Data Processing position as of Q1 2015 after selling out during the quarter.
Bares Capital Management sold 9,738 Automatic Data Processing shares in Q1 2015, an estimated $812K.
Bares Capital Management first reported a position in Automatic Data Processing in Q2 2013 and held it in 7 quarters.
Bares Capital Management's Automatic Data Processing position peaked at $812K in Q4 2014.
1,081 funds tracked by Wall St. Rank held Automatic Data Processing as of Q1 2015.

Based on Bares Capital Management's 13F filing for Q1 2015, filed 15 May 2015.