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Automatic Data Processing

1,520 hedge funds and large institutions have $56.2B invested in Automatic Data Processing in 2019 Q1 according to their latest regulatory filings, with 145 funds opening new positions, 504 increasing their positions, 601 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more first-time investments, than exits

New positions opened: 145 | Existing positions closed: 84

26% more funds holding in top 10

Funds holding in top 10: 7696 (+20)

22% more capital invested

Capital invested by funds: $46B → $56.2B (+$10.2B)

3% more funds holding

Funds holding: 1,4711,520 (+49)

0.51% more ownership

Funds ownership: 80.47%80.98% (+0.51%)

3% less call options, than puts

Call options by funds: $591M | Put options by funds: $609M

16% less repeat investments, than reductions

Existing positions increased: 504 | Existing positions reduced: 601

Holders
1,520
Holders Change
+49
Holders Change %
+3.33%
% of All Funds
32.9%
Holding in Top 10
96
Holding in Top 10 Change
+20
Holding in Top 10 Change %
+26.32%
% of All Funds
2.08%
New
145
Increased
504
Reduced
601
Closed
84
Calls
$591M
Puts
$609M
Net Calls
-$18.1M
Net Calls Change
-$340M
Name Holding Trade Value Shares
Change
Change in
Stake
NB
426
NBT Bank
New York
$5.65M -$136K -934 -3%
WAS
427
WESPAC Advisors SoCal
California
$5.64M +$5.05M +34,795 +7,029%
FAAS
428
First Allied Advisory Services
California
$5.6M -$200K -1,379 -4%
BHIA
429
Birch Hill Investment Advisors
Massachusetts
$5.59M -$273K -1,876 -5%
FFWA
430
FRG Family Wealth Advisors
Washington
$5.58M -$47.1K -324 -0.9%
AI
431
Atria Investments
North Carolina
$5.57M +$1.4M +9,646 +38%
PAI
432
Pittenger & Anderson Inc
Nebraska
$5.54M +$95.1K +655 +2%
SWM
433
Segment Wealth Management
Texas
$5.51M +$47.1K +324 +0.9%
FNT
434
First National Trust
Pennsylvania
$5.5M -$165K -1,136 -3%
TH
435
TCTC Holdings
Texas
$5.49M -$3.24M -22,300 -39%
OPCM
436
Osborne Partners Capital Management
California
$5.47M -$11.4M -78,540 -70%
AIP
437
Ameritas Investment Partners
Nebraska
$5.45M -$59.6K -410 -1%
HCMT
438
Highland Capital Management (Texas)
Texas
$5.43M -$581K -4,000 -11%
Victory Capital Management
439
Victory Capital Management
Texas
$5.39M -$1.13M -7,786 -19%
CCFCSB
440
Cape Cod Five Cents Savings Bank
Massachusetts
$5.34M +$23.4K +161 +0.5%
Rockefeller Capital Management
441
Rockefeller Capital Management
New York
$5.34M +$2.19M +15,046 +82%
Kayne Anderson Rudnick Investment Management
442
Kayne Anderson Rudnick Investment Management
California
$5.27M +$35K +241 +0.7%
ECM
443
Element Capital Management
New York
$5.25M +$4.78M +32,897 New
RWA
444
Ropes Wealth Advisors
Massachusetts
$5.24M -$35.4K -244 -0.7%
CHC
445
City Holding Co
West Virginia
$5.24M -$27.5K -189 -0.6%
CFB
446
Cullen/Frost Bankers
Texas
$5.22M -$127K -871 -3%
CCP
447
Corient Capital Partners
California
$5.19M +$194K +1,335 +4%
HCM
448
Hall Capital Management
Rhode Island
$5.14M -$63.2K -435 -1%
SMDAM
449
Sumitomo Mitsui DS Asset Management
Japan
$5.12M +$143K +982 +3%
HT
450
Heritage Trust
Oklahoma
$5.08M +$4.61M +31,748 +151,181%

ADP Hedge Fund Activity: Q1 2019 in Review

1,520 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q1 2019, worth a combined $56.2B — up 22% from $46B a quarter earlier.

Buyers outnumbered sellers: 145 funds opened new ADP positions and 84 closed out — a net gain of 61 holders — while 504 added to existing stakes and 601 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $320M. The largest seller was Polen Capital Management, cutting an estimated $186M.

  • 1,520 institutional investors held Automatic Data Processing (ADP) as of Q1 2019, up from 1,471 in Q4 2018.
  • Funds reported $56.2B of Automatic Data Processing stock for Q1 2019, up 22% quarter-over-quarter.
  • 145 funds opened new Automatic Data Processing positions in Q1 2019 and 84 closed out, a net change of +61 holders.
  • The largest Automatic Data Processing buyer in Q1 2019 was JP Morgan Chase, an estimated $320M added.
  • The largest Automatic Data Processing seller in Q1 2019 was Polen Capital Management, an estimated $186M sold.

Based on aggregated 13F filings for Q1 2019.