We are live on ! Find out more
ADP icon

Automatic Data Processing
ADP

1,062 hedge funds and large institutions have $29.6B invested in Automatic Data Processing in 2013 Q4 according to their latest regulatory filings, with 116 funds opening new positions, 313 increasing their positions, 441 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

132% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 50

19% more funds holding in top 10

Funds holding in top 10: 54 → 64 (+10)

12% more capital invested

Capital invested by funds: $26.5B → $29.6B (+$3.07B)

5% more funds holding

Funds holding: 1,009 → 1,062 (+53)

9% more call options, than puts

Call options by funds: $115M | Put options by funds: $106M

0.08% less ownership

Funds ownership: 65.41% → 65.34% (-0.08%)

29% less repeat investments, than reductions

Existing positions increased: 313 | Existing positions reduced: 441

Holders
1,062
Holders Change
+53
Holders Change %
+5.25%
% of All Funds
30.83%
Holding in Top 10
64
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+18.52%
% of All Funds
1.86%
New
116
Increased
313
Reduced
441
Closed
50
Calls
$115M
Puts
$106M
Net Calls
+$9.75M
Net Calls Change
-$3.46M

Top Buyers

1
Bank of America
Bank of America
North Carolina
+$281M
2
AIG
American International Group
New York
+$257M
3
JHIU
Janus Henderson Investors US
Colorado
+$142M
4
CS
Credit Suisse
Switzerland
+$50.9M
5
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$48.4M

Top Sellers

1
Wellington Management Group
Wellington Management Group
Massachusetts
-$375M
2
Neuberger Berman Group
Neuberger Berman Group
New York
-$82.5M
3
MAA
Managed Account Advisors
New Jersey
-$75.9M
4
Capital Research Global Investors
Capital Research Global Investors
California
-$56.5M
5
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
-$56.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
ACM
801
Argent Capital Management
Missouri
$493K – – –
OMCS
802
Old Mutual Customised Solutions
South Africa
$493K – – –
HT
803
HighTower Trust
Texas
$489K +$464K +6,897 New
RCG
804
Ruane, Cunniff & Goldfarb
New York
$486K – – –
VDI
805
Vaughan David Investments
Illinois
$485K – – –
OIM
806
Orca Investment Management
Oregon
$485K +$460K +6,840 New
NSAM
807
North Star Asset Management
Wisconsin
$484K +$23.7K +353 +5%
MCM
808
McRae Capital Management
New Jersey
$481K -$38.3K -570 -8%
RC
809
Reik & Co
New York
$481K +$456K +6,777 New
NGA
810
Naples Global Advisors
Florida
$475K +$450K +6,692 New
BAS
811
Brown Advisory Securities
Maryland
$471K +$67 +1 +0%
CL
812
CPWM LLC
Washington
$470K +$605 +9 +0.1%
RIA
813
Regal Investment Advisors
Michigan
$469K -$53.9K -802 -11%
BIM
814
Barton Investment Management
Pennsylvania
$469K – – –
SCIA
815
Sanibel Captiva Investment Advisers
Illinois
$466K +$196K +2,918 +80%
GP
816
Girard Partners
Pennsylvania
$465K +$441K +6,557 New
HBT
817
Hills Bank & Trust
Iowa
$461K +$1.88K +28 +0.4%
BCM
818
Brown Capital Management
Maryland
$460K – – –
DBG
819
De Burlo Group
Massachusetts
$460K – – –
PL
820
Parthenon LLC
Kentucky
$459K – – –
FNBTCON
821
First National Bank & Trust Co of Newtown
Pennsylvania
$452K – – –
CCA
822
Cobblestone Capital Advisors
New York
$448K – – –
CBN
823
Cadence Bank NA
Texas
$446K +$11.5K +171 +3%
Kayne Anderson Rudnick Investment Management
824
Kayne Anderson Rudnick Investment Management
California
$445K – – –
WA
825
Waverly Advisors
Alabama
$443K +$406K +6,031 +2,792%
31 32
33
34 35

ADP Hedge Fund Activity: Q4 2013 in Review

1,062 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q4 2013, worth a combined $29.6B — up 12% from $26.5B a quarter earlier.

Buyers outnumbered sellers: 116 funds opened new ADP positions and 50 closed out — a net gain of 66 holders — while 313 added to existing stakes and 441 trimmed.

The largest buyer was Bank of America, adding an estimated $281M. The largest seller was Wellington Management Group, cutting an estimated $375M.

  • 1,062 institutional investors held Automatic Data Processing (ADP) as of Q4 2013, up from 1,009 in Q3 2013.
  • Funds reported $29.6B of Automatic Data Processing stock for Q4 2013, up 12% quarter-over-quarter.
  • 116 funds opened new Automatic Data Processing positions in Q4 2013 and 50 closed out, a net change of +66 holders.
  • The largest Automatic Data Processing buyer in Q4 2013 was Bank of America, an estimated $281M added.
  • The largest Automatic Data Processing seller in Q4 2013 was Wellington Management Group, an estimated $375M sold.

Based on aggregated 13F filings for Q4 2013.