Gladstone Institutional Advisory’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	$847K	Sell	4,169 -1,298	-24%	-$298K	0.03%	408
2025 Q4	$1.41M	Sell	5,467 -464	-8%	-$124K	0.05%	306
2025 Q3	$1.74M	Buy	5,931 +157	+3%	+$47.3K	0.07%	267
2025 Q2	$1.78M	Buy	5,774 +354	+7%	+$109K	0.07%	255
2025 Q1	$1.66M	Buy	5,420 +372	+7%	+$112K	0.08%	251
2024 Q4	$1.48M	Buy	5,048 +569	+13%	+$168K	0.07%	274
2024 Q3	$1.24M	Buy	4,479 +60	+1%	+$15.7K	0.06%	291
2024 Q2	$1.05M	Buy	4,419 +79	+2%	+$19.4K	0.05%	299
2024 Q1	$1.08M	Sell	4,340 -891	-17%	-$218K	0.06%	285
2023 Q4	$1.22M	Buy	5,231 +966	+23%	+$225K	0.07%	263
2023 Q3	$1.03M	Sell	4,265 -268	-6%	-$65.3K	0.07%	265
2023 Q2	$996K	Buy	4,533 +19	+0.4%	+$4.1K	0.06%	278
2023 Q1	$1M	Sell	4,514 -4,886	-52%	-$1.1M	0.07%	285
2022 Q4	$2.25M	Sell	9,400 -239	-2%	-$58.7K	0.16%	182
2022 Q3	$2.18M	Buy	9,639 +3,157	+49%	+$745K	0.17%	152
2022 Q2	$1.36M	Buy	6,482 +176	+3%	+$38.6K	0.11%	220
2022 Q1	$1.44M	Sell	6,306 -80	-1%	-$17.1K	0.1%	233
2021 Q4	$1.57M	Buy	6,386 +203	+3%	+$46K	0.12%	216
2021 Q3	$1.24M	Buy	6,183 +1,298	+27%	+$267K	0.12%	203
2021 Q2	$970K	Buy	+4,885	New	+$949K	0.12%	193
2019 Q2	–	Sell	-1,593	Closed	-$254K	–	268
2019 Q1	$254K	Sell	1,593 -134	-8%	-$19.5K	0.09%	168
2018 Q4	$226K	Buy	+1,727	New	+$244K	0.13%	152