Sachem Head 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
2018
Q3
Sell
-500,000
Closed -$67.1M 12
2018
Q2
$67.1M Sell
500,000
-1,450,000
-74% -$184M 2.46% 13
2018
Q1
$221M Buy
+1,950,000
New +$227M 7.38% 7

Other funds holding ADP

Sachem Head Capital Management's ADP Position: Q3 2018 in Review

Sachem Head Capital Management sold out of Automatic Data Processing (ADP) in Q3 2018, closing a stake of 500,000 shares — an estimated $67.1M sold.

Sachem Head Capital Management first reported a position in ADP in Q1 2018 and held it in 2 quarters. The position peaked at $221M in Q1 2018. 1,416 funds tracked by Wall St. Rank hold ADP as of Q3 2018.

  • Sachem Head Capital Management reported no remaining Automatic Data Processing position as of Q3 2018 after selling out during the quarter.
  • Sachem Head Capital Management sold 500,000 Automatic Data Processing shares in Q3 2018, an estimated $67.1M.
  • Sachem Head Capital Management first reported a position in Automatic Data Processing in Q1 2018 and held it in 2 quarters.
  • Sachem Head Capital Management's Automatic Data Processing position peaked at $221M in Q1 2018.
  • 1,416 funds tracked by Wall St. Rank held Automatic Data Processing as of Q3 2018.

Based on Sachem Head Capital Management's 13F filing for Q3 2018, filed 14 Nov 2018.