Generation Investment Management’s Automatic Data Processing ADP Stock Holding History

Generation Investment 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
2020 Q1	–	Sell	-1,422,570	Closed	-$243M	–	42
2019 Q4	$243M	Sell	1,422,570 -757,216	-35%	-$125M	1.55%	26
2019 Q3	$352M	Sell	2,179,786 -402,217	-16%	-$66.4M	2.42%	19
2019 Q2	$427M	Sell	2,582,003 -442,262	-15%	-$71.9M	2.94%	19
2019 Q1	$483M	Sell	3,024,265 -535,824	-15%	-$77.8M	3.53%	12
2018 Q4	$467M	Sell	3,560,089 -736,665	-17%	-$104M	3.92%	12
2018 Q3	$647M	Buy	4,296,754 +67,133	+2%	+$9.5M	5.17%	7
2018 Q2	$567M	Buy	4,229,621 +520,311	+14%	+$65.9M	5.01%	7
2018 Q1	$421M	Buy	3,709,310 +2,294,845	+162%	+$268M	4.1%	12
2017 Q4	$166M	Buy	+1,414,465	New	+$162M	1.61%	22

Other funds holding ADP

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

BlackRock New York $5.72T AUM 30.48% 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

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

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

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Generation Investment Management's ADP Position: Q1 2020 in Review

Generation Investment Management sold out of Automatic Data Processing (ADP) in Q1 2020, closing a stake of 1,422,570 shares — an estimated $243M sold.

Generation Investment Management first reported a position in ADP in Q4 2017 and held it in 9 quarters. The position peaked at $647M in Q3 2018. 1,573 funds tracked by Wall St. Rank hold ADP as of Q1 2020.

Generation Investment Management reported no remaining Automatic Data Processing position as of Q1 2020 after selling out during the quarter.
Generation Investment Management sold 1,422,570 Automatic Data Processing shares in Q1 2020, an estimated $243M.
Generation Investment Management first reported a position in Automatic Data Processing in Q4 2017 and held it in 9 quarters.
Generation Investment Management's Automatic Data Processing position peaked at $647M in Q3 2018.
1,573 funds tracked by Wall St. Rank held Automatic Data Processing as of Q1 2020.

Based on Generation Investment Management's 13F filing for Q1 2020, filed 15 May 2020.