Automatic Data Processing
ADP
1,939 hedge funds and large institutions have $69B invested in Automatic Data Processing in 2022 Q2 according to their latest regulatory filings, with 120 funds opening new positions, 669 increasing their positions, 749 reducing their positions, and 112 closing their positions.
9% more funds holding in top 10
Funds holding in top 10: 79 → 86 (+7)
7% more first-time investments, than exits
New positions opened: 120 | Existing positions closed: 112
1% less funds holding
Funds holding: 1,956 → 1,939 (-17)
1.51% less ownership
Funds ownership: 80.43% → 78.92% (-1.5%)
9% less capital invested
Capital invested by funds: $75.7B → $69B (-$6.74B)
11% less repeat investments, than reductions
Existing positions increased: 669 | Existing positions reduced: 749
34% less call options, than puts
Call options by funds: $329M | Put options by funds: $500M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$388M |
| 2 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$179M |
| 3 |
Two Sigma Advisers
New York
|
+$151M |
| 4 |
Two Sigma Investments
New York
|
+$129M |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
+$125M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIAS
CFS Investment Advisory Services
Totowa,
New Jersey
|
-$565M |
| 2 |
UBS AM
Chicago,
Illinois
|
-$490M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$436M |
| 4 |
AWA
Aaron Wealth Advisors
Chicago,
Illinois
|
-$323M |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$296M |
ADP Hedge Fund Activity: Q2 2022 in Review
1,939 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q2 2022, worth a combined $69B — down 8.9% from $75.7B a quarter earlier.
Buyers outnumbered sellers: 120 funds opened new ADP positions and 112 closed out — a net gain of 8 holders — while 669 added to existing stakes and 749 trimmed.
The largest buyer was Bank of America, adding an estimated $388M. The largest seller was CFS Investment Advisory Services, cutting an estimated $565M.
- 1,939 institutional investors held Automatic Data Processing (ADP) as of Q2 2022, down from 1,956 in Q1 2022.
- Funds reported $69B of Automatic Data Processing stock for Q2 2022, down 8.9% quarter-over-quarter.
- 120 funds opened new Automatic Data Processing positions in Q2 2022 and 112 closed out, a net change of +8 holders.
- The largest Automatic Data Processing buyer in Q2 2022 was Bank of America, an estimated $388M added.
- The largest Automatic Data Processing seller in Q2 2022 was CFS Investment Advisory Services, an estimated $565M sold.
Based on aggregated 13F filings for Q2 2022.