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Automatic Data Processing

2,121 hedge funds and large institutions have $79.3B invested in Automatic Data Processing in 2023 Q4 according to their latest regulatory filings, with 236 funds opening new positions, 709 increasing their positions, 825 reducing their positions, and 108 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more first-time investments, than exits

New positions opened: 236 | Existing positions closed: 108

5% more funds holding

Funds holding: 2,0222,121 (+99)

3.16% more ownership

Funds ownership: 79.56%82.72% (+3.2%)

0% more capital invested

Capital invested by funds: $79B → $79.3B (+$316M)

2% less call options, than puts

Call options by funds: $574M | Put options by funds: $589M

14% less repeat investments, than reductions

Existing positions increased: 709 | Existing positions reduced: 825

22% less funds holding in top 10

Funds holding in top 10: 9070 (-20)

Holders
2,121
Holders Change
+99
Holders Change %
+4.9%
% of All Funds
30.92%
Holding in Top 10
70
Holding in Top 10 Change
-20
Holding in Top 10 Change %
-22.22%
% of All Funds
1.02%
New
236
Increased
709
Reduced
825
Closed
108
Calls
$574M
Puts
$589M
Net Calls
-$14.5M
Net Calls Change
-$67.3M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
26
UBS Group
Switzerland
$509M +$52.8M +226,431 +12%
Nordea Investment Management
27
Nordea Investment Management
Sweden
$495M +$23.2M +99,731 +5%
Royal Bank of Canada
28
Royal Bank of Canada
Ontario, Canada
$490M +$68.3M +293,075 +16%
California Public Employees Retirement System
29
California Public Employees Retirement System
California
$478M -$1M -4,313 -0.2%
JIM
30
Jensen Investment Management
Oregon
$462M -$10.7M -46,120 -2%
Dimensional Fund Advisors
31
Dimensional Fund Advisors
Texas
$459M +$12.8M +54,816 +3%
Stifel Financial
32
Stifel Financial
Missouri
$424M -$3.88M -16,635 -0.9%
N
33
Nuveen
North Carolina
$424M +$7.57M +32,484 +2%
Mitsubishi UFJ Asset Management
34
Mitsubishi UFJ Asset Management
Japan
$423M +$18M +77,388 +4%
Barclays
35
Barclays
United Kingdom
$417M +$141M +604,475 +51%
Janus Henderson Group
36
Janus Henderson Group
United Kingdom
$416M +$37.5M +160,889 +10%
GAM
37
GuardCap Asset Management
United Kingdom
$406M -$7.23M -31,018 -2%
FIS
38
Fundsmith Investment Services
Mauritius
$392M +$18.8M +80,896 +5%
JP Morgan Chase
39
JP Morgan Chase
New York
$375M +$108M +465,342 +41%
PIF
40
Public Investment Fund
Saudi Arabia
$345M
D.E. Shaw & Co
41
D.E. Shaw & Co
New York
$340M +$52M +222,975 +18%
VAM
42
Veritas Asset Management
United Kingdom
$328M -$9.57M -41,093 -3%
Envestnet Asset Management
43
Envestnet Asset Management
Illinois
$320M -$6.77M -29,078 -2%
T. Rowe Price Associates
44
T. Rowe Price Associates
Maryland
$310M -$9.28M -39,838 -3%
Norges Bank
45
Norges Bank
Norway
$308M -$182M -781,350 -37%
Swiss National Bank
46
Swiss National Bank
Switzerland
$300M -$9.46M -40,600 -3%
PNC Financial Services Group
47
PNC Financial Services Group
Pennsylvania
$299M -$14.1M -60,632 -5%
Bank of Montreal
48
Bank of Montreal
Ontario, Canada
$299M +$87M +373,329 +41%
Fayez Sarofim & Co
49
Fayez Sarofim & Co
Texas
$290M +$4.59M +19,705 +2%
First Trust Advisors
50
First Trust Advisors
Illinois
$261M -$3.53M -15,145 -1%

ADP Hedge Fund Activity: Q4 2023 in Review

2,121 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q4 2023, worth a combined $79.3B — up 0.4% from $79B a quarter earlier.

Buyers outnumbered sellers: 236 funds opened new ADP positions and 108 closed out — a net gain of 128 holders — while 709 added to existing stakes and 825 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $2.51B. The largest seller was Citadel Advisors, cutting an estimated $271M.

  • 2,121 institutional investors held Automatic Data Processing (ADP) as of Q4 2023, up from 2,022 in Q3 2023.
  • Funds reported $79.3B of Automatic Data Processing stock for Q4 2023, up 0.4% quarter-over-quarter.
  • 236 funds opened new Automatic Data Processing positions in Q4 2023 and 108 closed out, a net change of +128 holders.
  • The largest Automatic Data Processing buyer in Q4 2023 was Morgan Stanley, an estimated $2.51B added.
  • The largest Automatic Data Processing seller in Q4 2023 was Citadel Advisors, an estimated $271M sold.

Based on aggregated 13F filings for Q4 2023.