BlackRock Fund Advisors’s Automatic Data Processing ADP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	$880M	Buy	8,558,627 +42,459	+0.5%	+$3.96M	0.16%	95
2016 Q3	$751M	Buy	8,516,168 +246,925	+3%	+$22.4M	0.15%	108
2016 Q2	$760M	Buy	8,269,243 +608,214	+8%	+$53.7M	0.17%	101
2016 Q1	$687M	Buy	7,661,029 +555,545	+8%	+$46.6M	0.16%	103
2015 Q4	$602M	Buy	7,105,484 +470,840	+7%	+$40.6M	0.14%	119
2015 Q3	$533M	Buy	6,634,644 +200,285	+3%	+$16M	0.14%	114
2015 Q2	$516M	Sell	6,434,359 -59,957	-0.9%	-$5.11M	0.12%	136
2015 Q1	$556M	Buy	6,494,316 +343,292	+6%	+$29.6M	0.13%	126
2014 Q4	$513M	Sell	6,151,024 -301,543	-5%	-$24.4M	0.13%	144
2014 Q3	$471M	Buy	6,452,567 +277,893	+5%	+$20.1M	0.13%	126
2014 Q2	$430M	Buy	6,174,674 +191,026	+3%	+$13M	0.12%	145
2014 Q1	$406M	Sell	5,983,648 -75,632	-1%	-$5.15M	0.12%	139
2013 Q4	$430M	Buy	6,059,280 +352,649	+6%	+$23.7M	0.13%	113
2013 Q3	$363M	Sell	5,706,631 -311,141	-5%	-$19.8M	0.12%	131
2013 Q2	$364M	Buy	+6,017,772	New	+$359M	0.13%	122