Automatic Data Processing
ADP
1,338 hedge funds and large institutions have $40.9B invested in Automatic Data Processing in 2017 Q4 according to their latest regulatory filings, with 190 funds opening new positions, 381 increasing their positions, 538 reducing their positions, and 62 closing their positions.
206% more first-time investments, than exits
New positions opened: 190 | Existing positions closed: 62
195% more call options, than puts
Call options by funds: $1.05B | Put options by funds: $356M
10% more funds holding
Funds holding: 1,220 → 1,338 (+118)
6% more capital invested
Capital invested by funds: $38.6B → $40.9B (+$2.32B)
2% more funds holding in top 10
Funds holding in top 10: 61 → 62 (+1)
0.72% less ownership
Funds ownership: 79.53% → 78.81% (-0.72%)
29% less repeat investments, than reductions
Existing positions increased: 381 | Existing positions reduced: 538
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$325M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$179M |
| 3 |
GIM
Generation Investment Management
London,
United Kingdom
|
+$162M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$137M |
| 5 |
Two Sigma Investments
New York
|
+$79.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIG
Senator Investment Group
New York
|
-$383M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$373M |
| 3 |
BlackRock
New York
|
-$189M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$187M |
| 5 |
Renaissance Technologies
New York
|
-$169M |
ADP Hedge Fund Activity: Q4 2017 in Review
1,338 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q4 2017, worth a combined $40.9B — up 6% from $38.6B a quarter earlier.
Buyers outnumbered sellers: 190 funds opened new ADP positions and 62 closed out — a net gain of 128 holders — while 381 added to existing stakes and 538 trimmed.
The largest buyer was Citigroup, adding an estimated $325M. The largest seller was Senator Investment Group, exiting entirely with an estimated $383M sold.
- 1,338 institutional investors held Automatic Data Processing (ADP) as of Q4 2017, up from 1,220 in Q3 2017.
- Funds reported $40.9B of Automatic Data Processing stock for Q4 2017, up 6% quarter-over-quarter.
- 190 funds opened new Automatic Data Processing positions in Q4 2017 and 62 closed out, a net change of +128 holders.
- The largest Automatic Data Processing buyer in Q4 2017 was Citigroup, an estimated $325M added.
- The largest Automatic Data Processing seller in Q4 2017 was Senator Investment Group, an estimated $383M sold.
Based on aggregated 13F filings for Q4 2017.