Automatic Data Processing
ADP
1,103 hedge funds and large institutions have $30B invested in Automatic Data Processing in 2015 Q4 according to their latest regulatory filings, with 111 funds opening new positions, 332 increasing their positions, 467 reducing their positions, and 47 closing their positions.
136% more first-time investments, than exits
New positions opened: 111 | Existing positions closed: 47
56% more call options, than puts
Call options by funds: $61.3M | Put options by funds: $39.4M
5% more funds holding
Funds holding: 1,052 → 1,103 (+51)
2% more funds holding in top 10
Funds holding in top 10: 53 → 54 (+1)
3% more capital invested
Capital invested by funds: $29B → $30B (+$994M)
1.08% less ownership
Funds ownership: 56.59% → 55.51% (-1.1%)
29% less repeat investments, than reductions
Existing positions increased: 332 | Existing positions reduced: 467
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$118M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$40.6M |
| 3 |
Tudor Investment Corp
Stamford,
Connecticut
|
+$35.3M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$35.1M |
| 5 |
Fundsmith LLP
London,
United Kingdom
|
+$34.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$153M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$110M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$97.6M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
-$86.1M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$68.6M |
ADP Hedge Fund Activity: Q4 2015 in Review
1,103 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q4 2015, worth a combined $30B — up 3.4% from $29B a quarter earlier.
Buyers outnumbered sellers: 111 funds opened new ADP positions and 47 closed out — a net gain of 64 holders — while 332 added to existing stakes and 467 trimmed.
The largest buyer was Capital International Investors, adding an estimated $118M. The largest seller was Bank of New York Mellon, cutting an estimated $153M.
- 1,103 institutional investors held Automatic Data Processing (ADP) as of Q4 2015, up from 1,052 in Q3 2015.
- Funds reported $30B of Automatic Data Processing stock for Q4 2015, up 3.4% quarter-over-quarter.
- 111 funds opened new Automatic Data Processing positions in Q4 2015 and 47 closed out, a net change of +64 holders.
- The largest Automatic Data Processing buyer in Q4 2015 was Capital International Investors, an estimated $118M added.
- The largest Automatic Data Processing seller in Q4 2015 was Bank of New York Mellon, an estimated $153M sold.
Based on aggregated 13F filings for Q4 2015.