GFI Investment Counsel’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 Q2	–	Sell	-138,709	Closed	-$14.2M	–	25
2017 Q1	$14.2M	Buy	138,709 +1,764	+1%	+$181K	9.03%	8
2016 Q4	$14.1M	Buy	+136,945	New	+$14.1M	9.76%	6