RNC Capital Management’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
2016 Q4	–	Sell	-5,475	Closed	-$483K	–	152
2016 Q3	$483K	Buy	5,475 +275	+5%	+$24.9K	0.04%	84
2016 Q2	$478K	Hold	5,200	–	–	0.04%	91
2016 Q1	$466K	Hold	5,200	–	–	0.05%	89
2015 Q4	$441K	Hold	5,200	–	–	0.04%	94
2015 Q3	$418K	Hold	5,200	–	–	0.04%	87
2015 Q2	$417K	Hold	5,200	–	–	0.04%	87
2015 Q1	$445K	Hold	5,200	–	–	0.04%	88
2014 Q4	$434K	Sell	5,200 -723	-12%	-$58.6K	0.04%	95
2014 Q3	$432K	Hold	5,923	–	–	0.03%	85
2014 Q2	$412K	Hold	5,923	–	–	0.03%	90
2014 Q1	$402K	Hold	5,923	–	–	0.03%	94
2013 Q4	$420K	Hold	5,923	–	–	0.04%	92
2013 Q3	$376K	Sell	5,923 -342	-5%	-$21.7K	0.04%	85
2013 Q2	$379K	Buy	+6,265	New	+$374K	0.04%	83