Automatic Data Processing
ADP
1,338 hedge funds and large institutions have $39.7B invested in Automatic Data Processing in 2018 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 398 increasing their positions, 597 reducing their positions, and 83 closing their positions.
193% more call options, than puts
Call options by funds: $495M | Put options by funds: $169M
16% more first-time investments, than exits
New positions opened: 96 | Existing positions closed: 83
0.32% more ownership
Funds ownership: 78.81% → 79.12% (+0.32%)
0% more funds holding
Funds holding: 1,338 → 1,338 (0)
3% less capital invested
Capital invested by funds: $40.9B → $39.7B (-$1.26B)
6% less funds holding in top 10
Funds holding in top 10: 62 → 58 (-4)
33% less repeat investments, than reductions
Existing positions increased: 398 | Existing positions reduced: 597
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Generation Investment Management
London,
United Kingdom
|
+$268M |
| 2 |
SHCM
Sachem Head Capital Management
New York
|
+$227M |
| 3 |
D.E. Shaw & Co
New York
|
+$89.9M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$69.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$61.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$105M |
| 2 |
PSCM
Pershing Square Capital Management
New York
|
-$99.9M |
| 3 |
JG
Jefferies Group
New York
|
-$94.3M |
| 4 |
Renaissance Technologies
New York
|
-$82.2M |
| 5 |
State Street
Boston,
Massachusetts
|
-$78.5M |
ADP Hedge Fund Activity: Q1 2018 in Review
1,338 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q1 2018, worth a combined $39.7B — down 3.1% from $40.9B a quarter earlier.
Buyers outnumbered sellers: 96 funds opened new ADP positions and 83 closed out — a net gain of 13 holders — while 398 added to existing stakes and 597 trimmed.
The largest buyer was Generation Investment Management, adding an estimated $268M. The largest seller was Citadel Advisors, cutting an estimated $105M.
- 1,338 institutional investors held Automatic Data Processing (ADP) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $39.7B of Automatic Data Processing stock for Q1 2018, down 3.1% quarter-over-quarter.
- 96 funds opened new Automatic Data Processing positions in Q1 2018 and 83 closed out, a net change of +13 holders.
- The largest Automatic Data Processing buyer in Q1 2018 was Generation Investment Management, an estimated $268M added.
- The largest Automatic Data Processing seller in Q1 2018 was Citadel Advisors, an estimated $105M sold.
Based on aggregated 13F filings for Q1 2018.