Marathon Asset Management (UK)’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
2021 Q4	–	Sell	-239,880	Closed	-$48.2M	–	87
2021 Q3	$48.2M	Sell	239,880 -7,009	-3%	-$1.44M	0.58%	63
2021 Q2	$49.3M	Buy	246,889 +12,013	+5%	+$2.33M	0.6%	64
2021 Q1	$44.5M	Sell	234,876 -7,162	-3%	-$1.24M	0.62%	65
2020 Q4	$42.9M	Sell	242,038 -8,857	-4%	-$1.45M	0.6%	66
2020 Q3	$35.2M	Buy	250,895 +109,435	+77%	+$15.3M	0.55%	66
2020 Q2	$21.2M	Sell	141,460 -3,305	-2%	-$473K	0.32%	87
2020 Q1	$19.8M	Buy	+144,765	New	+$23.3M	0.36%	84
2017 Q3	–	Sell	-381,245	Closed	-$39.3M	–	104
2017 Q2	$39.3M	Buy	381,245 +11,173	+3%	+$1.13M	0.68%	57
2017 Q1	$38.1M	Buy	370,072 +30,517	+9%	+$3.11M	0.83%	46
2016 Q4	$35.1M	Sell	339,555 -4,203	-1%	-$392K	0.76%	53
2016 Q3	$30.5M	Sell	343,758 -14,012	-4%	-$1.27M	0.65%	58
2016 Q2	$33M	Buy	357,770 +94,515	+36%	+$8.35M	0.7%	56
2016 Q1	$23.7M	Buy	263,255 +7,283	+3%	+$610K	0.52%	66
2015 Q4	$21.8M	Sell	255,972 -6,219	-2%	-$536K	0.49%	65
2015 Q3	$21.2M	Buy	262,191 +77,929	+42%	+$6.24M	0.51%	61
2015 Q2	$14.9M	Buy	184,262 +30,882	+20%	+$2.63M	0.34%	66
2015 Q1	$13.2M	Sell	153,380 -1,820	-1%	-$157K	0.32%	66
2014 Q4	$13M	Sell	155,200 -123,213	-44%	-$9.99M	0.31%	63
2014 Q3	$20.4M	Buy	278,413 +13,262	+5%	+$958K	0.5%	60
2014 Q2	$18.6M	Sell	265,151 -315,417	-54%	-$21.5M	0.46%	61
2014 Q1	$39.6M	Sell	580,568 -82,761	-12%	-$5.64M	1.02%	38
2013 Q4	$47.1M	Sell	663,329 -395,726	-37%	-$26.6M	1.16%	30
2013 Q3	$67.7M	Sell	1,059,055 -72,717	-6%	-$4.62M	1.64%	25
2013 Q2	$69M	Buy	+1,131,772	New	+$67.5M	1.64%	26