Automatic Data Processing
ADP
2,023 hedge funds and large institutions have $79B invested in Automatic Data Processing in 2023 Q3 according to their latest regulatory filings, with 151 funds opening new positions, 685 increasing their positions, 810 reducing their positions, and 86 closing their positions.
76% more first-time investments, than exits
New positions opened: 151 | Existing positions closed: 86
20% more funds holding in top 10
Funds holding in top 10: 75 → 90 (+15)
11% more call options, than puts
Call options by funds: $533M | Put options by funds: $480M
9% more capital invested
Capital invested by funds: $72.7B → $79B (+$6.27B)
2% more funds holding
Funds holding: 1,982 → 2,023 (+41)
0.66% less ownership
Funds ownership: 80.22% → 79.56% (-0.66%)
15% less repeat investments, than reductions
Existing positions increased: 685 | Existing positions reduced: 810
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$221M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$143M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$135M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$135M |
| 5 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
-$259M |
| 2 |
D.E. Shaw & Co
New York
|
-$182M |
| 3 |
Holocene Advisors
New York
|
-$180M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$124M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$119M |
ADP Hedge Fund Activity: Q3 2023 in Review
2,023 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q3 2023, worth a combined $79B — up 8.6% from $72.7B a quarter earlier.
Buyers outnumbered sellers: 151 funds opened new ADP positions and 86 closed out — a net gain of 65 holders — while 685 added to existing stakes and 810 trimmed.
The largest buyer was Invesco, adding an estimated $221M. The largest seller was Traphagen Investment Advisors, cutting an estimated $259M.
- 2,023 institutional investors held Automatic Data Processing (ADP) as of Q3 2023, up from 1,982 in Q2 2023.
- Funds reported $79B of Automatic Data Processing stock for Q3 2023, up 8.6% quarter-over-quarter.
- 151 funds opened new Automatic Data Processing positions in Q3 2023 and 86 closed out, a net change of +65 holders.
- The largest Automatic Data Processing buyer in Q3 2023 was Invesco, an estimated $221M added.
- The largest Automatic Data Processing seller in Q3 2023 was Traphagen Investment Advisors, an estimated $259M sold.
Based on aggregated 13F filings for Q3 2023.