First Eagle Investment Management’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
2026 Q1	$579M	Buy	+2,849,784	New	+$653M	0.98%	40
2018 Q3	–	Sell	-979,190	Closed	-$131M	–	174
2018 Q2	$131M	Sell	979,190 -620,809	-39%	-$78.7M	0.32%	64
2018 Q1	$182M	Sell	1,599,999 -7,960	-0.5%	-$928K	0.45%	59
2017 Q4	$188M	Buy	1,607,959 +6,908	+0.4%	+$790K	0.44%	60
2017 Q3	$175M	Buy	1,601,051 +37,789	+2%	+$4.05M	0.39%	67
2017 Q2	$160M	Buy	1,563,262 +45,392	+3%	+$4.59M	0.38%	70
2017 Q1	$155M	Buy	1,517,870 +47,447	+3%	+$4.84M	0.38%	70
2016 Q4	$151M	Sell	1,470,423 -11,907	-0.8%	-$1.11M	0.38%	74
2016 Q3	$131M	Sell	1,482,330 -477,129	-24%	-$43.2M	0.33%	80
2016 Q2	$180M	Buy	1,959,459 +5,070	+0.3%	+$448K	0.46%	64
2016 Q1	$175M	Buy	1,954,389 +6,759	+0.3%	+$566K	0.45%	70
2015 Q4	$165M	Sell	1,947,630 -596,651	-23%	-$51.4M	0.41%	78
2015 Q3	$204M	Sell	2,544,281 -31,511	-1%	-$2.52M	0.52%	62
2015 Q2	$207M	Sell	2,575,792 -202,702	-7%	-$17.3M	0.49%	67
2015 Q1	$238M	Sell	2,778,494 -296,268	-10%	-$25.5M	0.57%	60
2014 Q4	$256M	Sell	3,074,762 -467,259	-13%	-$37.9M	0.62%	51
2014 Q3	$258M	Buy	3,542,021 +49,271	+1%	+$3.56M	0.64%	49
2014 Q2	$243M	Sell	3,492,750 -10,763	-0.3%	-$735K	0.59%	50
2014 Q1	$238M	Buy	3,503,513 +11,455	+0.3%	+$780K	0.63%	48
2013 Q4	$248M	Sell	3,492,058 -306,359	-8%	-$20.6M	0.67%	48
2013 Q3	$241M	Buy	3,798,417 +45,212	+1%	+$2.87M	0.7%	49
2013 Q2	$227M	Buy	+3,753,205	New	+$224M	0.69%	46