Norges Bank’s Automatic Data Processing ADP Stock Holding History

Norges Bank’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
2026 Q1	–	Sell	-2,805,809	Closed	-$722M	–	30
2025 Q4	$722M	Buy	+2,805,809	New	+$747M	0.08%	225
2025 Q3	–	Sell	-2,259,535	Closed	-$697M	–	31
2025 Q2	$697M	Buy	2,259,535 +612,721	+37%	+$188M	0.09%	210
2025 Q1	$503M	Buy	1,646,814 +89,089	+6%	+$26.9M	0.07%	259
2024 Q4	$456M	Sell	1,557,725 -28,236	-2%	-$8.34M	0.06%	285
2024 Q3	$439M	Buy	1,585,961 +385,557	+32%	+$101M	0.06%	288
2024 Q2	$287M	Buy	1,200,404 +87,655	+8%	+$21.5M	0.04%	354
2024 Q1	$278M	Sell	1,112,749 -210,687	-16%	-$51.5M	0.04%	361
2023 Q4	$308M	Sell	1,323,436 -781,350	-37%	-$182M	0.05%	312
2023 Q3	$506M	Buy	2,104,786 +145,333	+7%	+$35.4M	0.1%	194
2023 Q2	$431M	Sell	1,959,453 -231,207	-11%	-$49.9M	0.09%	216
2023 Q1	$488M	Sell	2,190,660 -34,140	-2%	-$7.7M	0.11%	184
2022 Q4	$531M	Buy	2,224,800 +432,930	+24%	+$106M	0.13%	167
2022 Q3	$405M	Buy	1,791,870 +127,950	+8%	+$30.2M	0.11%	184
2022 Q2	$349M	Sell	1,663,920 -630,427	-27%	-$138M	0.09%	213
2022 Q1	$522M	Sell	2,294,347 -2,830	-0.1%	-$606K	0.11%	175
2021 Q4	$566M	Sell	2,297,177 -899,581	-28%	-$204M	0.12%	165
2021 Q3	$639M	Sell	3,196,758 -416,001	-12%	-$85.7M	0.14%	136
2021 Q2	$718M	Sell	3,612,759 -218,660	-6%	-$42.5M	0.16%	127
2021 Q1	$722M	Buy	3,831,419 +132,390	+4%	+$23M	0.17%	119
2020 Q4	$652M	Sell	3,699,029 -458,187	-11%	-$75.3M	0.15%	127
2020 Q3	$580M	Sell	4,157,216 -11,329	-0.3%	-$1.59M	0.15%	119
2020 Q2	$621M	Buy	4,168,545 +317,627	+8%	+$45.5M	0.18%	106
2020 Q1	$526M	Sell	3,850,918 -118,296	-3%	-$19.1M	0.19%	109
2019 Q4	$677M	Hold	3,969,214	–	–	0.19%	101
2019 Q3	$641M	Buy	3,969,214 +12,500	+0.3%	+$2.06M	0.2%	94
2019 Q2	$654M	Hold	3,956,714	–	–	0.2%	92
2019 Q1	$632M	Sell	3,956,714 -28,104	-0.7%	-$4.08M	0.2%	93
2018 Q4	$522M	Buy	3,984,818 +110,663	+3%	+$15.6M	0.19%	102
2018 Q3	$584M	Sell	3,874,155 -75,126	-2%	-$10.6M	0.19%	103
2018 Q2	$530M	Buy	3,949,281 +257,458	+7%	+$32.6M	0.18%	111
2018 Q1	$419M	Buy	3,691,823 +98,731	+3%	+$11.5M	0.15%	133
2017 Q4	$421M	Buy	3,593,092 +70,102	+2%	+$8.02M	0.15%	138
2017 Q3	$385M	Buy	3,522,990 +92,223	+3%	+$9.88M	0.15%	135
2017 Q2	$352M	Buy	3,430,767 +660,427	+24%	+$66.9M	0.14%	145
2017 Q1	$284M	Sell	2,770,340 -525,693	-16%	-$53.6M	0.12%	177
2016 Q4	$339M	Sell	3,296,033 -46,453	-1%	-$4.33M	0.15%	137
2016 Q3	$282M	Sell	3,342,486 -489,497	-13%	-$44.4M	0.13%	149
2016 Q2	$352M	Buy	3,831,983 +337,414	+10%	+$29.8M	0.17%	122
2016 Q1	$313M	Sell	3,494,569 -23,354	-0.7%	-$1.96M	0.15%	130
2015 Q4	$298M	Buy	3,517,923 +110,043	+3%	+$9.48M	0.15%	134
2015 Q3	$274M	Hold	3,407,880	–	–	0.14%	135
2015 Q2	$273M	Sell	3,407,880 -35,486	-1%	-$3.03M	0.14%	150
2015 Q1	$295M	Buy	3,443,366 +140,144	+4%	+$12.1M	0.14%	140
2014 Q4	$275M	Sell	3,303,222 -389,808	-11%	-$31.6M	0.14%	139
2014 Q3	$269M	Sell	3,693,030 -3,749,062	-50%	-$271M	0.15%	137
2014 Q2	$518M	Buy	7,442,092 +3,721,046	+100%	+$254M	0.14%	148
2014 Q1	$252M	Hold	3,721,046	–	–	0.14%	144
2013 Q4	$264M	Sell	3,721,046 -321,288	-8%	-$21.6M	0.15%	134
2013 Q3	$257M	Sell	4,042,334 -345,569	-8%	-$22M	0.15%	132
2013 Q2	$265M	Buy	+4,387,903	New	+$262M	0.16%	122

Other funds holding ADP

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

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

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

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

Norges Bank's ADP Position: Q1 2026 in Review

Norges Bank sold out of Automatic Data Processing (ADP) in Q1 2026, closing a stake of 2,805,809 shares — an estimated $722M sold.

Norges Bank first reported a position in ADP in Q2 2013 and held it in 50 quarters. The position peaked at $722M in Q1 2021. 2,265 funds tracked by Wall St. Rank hold ADP as of Q1 2026.

Norges Bank reported no remaining Automatic Data Processing position as of Q1 2026 after selling out during the quarter.
Norges Bank sold 2,805,809 Automatic Data Processing shares in Q1 2026, an estimated $722M.
Norges Bank first reported a position in Automatic Data Processing in Q2 2013 and held it in 50 quarters.
Norges Bank's Automatic Data Processing position peaked at $722M in Q1 2021.
2,265 funds tracked by Wall St. Rank held Automatic Data Processing as of Q1 2026.

Based on Norges Bank's 13F filing for Q1 2026.