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Automatic Data Processing

1,564 hedge funds and large institutions have $48.4B invested in Automatic Data Processing in 2020 Q3 according to their latest regulatory filings, with 104 funds opening new positions, 519 increasing their positions, 644 reducing their positions, and 115 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.16% more ownership

Funds ownership: 80.64%80.81% (+0.16%)

5% less call options, than puts

Call options by funds: $210M | Put options by funds: $221M

10% less first-time investments, than exits

New positions opened: 104 | Existing positions closed: 115

2% less funds holding

Funds holding: 1,5941,564 (-30)

6% less capital invested

Capital invested by funds: $51.6B → $48.4B (-$3.15B)

19% less repeat investments, than reductions

Existing positions increased: 519 | Existing positions reduced: 644

36% less funds holding in top 10

Funds holding in top 10: 5837 (-21)

Holders
1,564
Holders Change
-30
Holders Change %
-1.88%
% of All Funds
31.56%
Holding in Top 10
37
Holding in Top 10 Change
-21
Holding in Top 10 Change %
-36.21%
% of All Funds
0.75%
New
104
Increased
519
Reduced
644
Closed
115
Calls
$210M
Puts
$221M
Net Calls
-$11.1M
Net Calls Change
-$19.1M
Name Holding Trade Value Shares
Change
Change in
Stake
AIM
926
Aspen Investment Management
Michigan
$796K -$36.2K -258 -4%
CP
927
Cumberland Partners
Ontario, Canada
$792K -$547K -3,900 -41%
IIM
928
Ironwood Investment Management
Massachusetts
$789K +$103K +738 +15%
MWNA
929
Marshall Wace North America
New York
$788K -$2.52M -17,960 -76%
BCM
930
Boltwood Capital Management
California
$781K
EP
931
Eudaimonia Partners
Tennessee
$780K +$7.99K +57 +1%
CCA
932
Checchi Capital Advisers
California
$775K -$70.2K -501 -8%
SRC
933
Shufro Rose & Co
New York
$773K +$44.4K +317 +6%
CNC
934
Canandaigua National Corp
New York
$769K -$1.14M -8,163 -60%
OIS
935
Okabena Investment Services
Minnesota
$767K
YWP
936
YorkBridge Wealth Partners
New York
$766K -$1.77M -12,654 -70%
MCWS
937
McKinley Carter Wealth Services
West Virginia
$763K +$167K +1,194 +28%
ACI
938
Alpha Cubed Investments
California
$761K -$24.1K -172 -3%
S
939
Seeyond
France
$757K +$4.2K +30 +0.6%
ADL
940
Asset Dedication LLC
California
$753K +$135K +962 +22%
HFAS
941
Hummer Financial Advisory Services
Illinois
$750K -$28K -200 -4%
CL
942
CPWM LLC
Washington
$749K +$14.9K +106 +2%
WA1
943
Wimmer Associates 1
California
$734K
CAM
944
Congress Asset Management
Massachusetts
$734K +$68.7K +490 +10%
AF
945
Arrow Financial
New York
$733K -$39.2K -280 -5%
BCM
946
BTR Capital Management
California
$733K
WHG
947
Westwood Holdings Group
Texas
$731K -$48.6K -347 -6%
AIA
948
Armor Investment Advisors
North Carolina
$731K
RGC
949
Roberts, Glore & Co
Illinois
$727K +$5.61K +40 +0.8%
B
950
Bailard
California
$726K -$57.6K -411 -7%

ADP Hedge Fund Activity: Q3 2020 in Review

1,564 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q3 2020, worth a combined $48.4B — down 6.1% from $51.6B a quarter earlier.

Sellers outnumbered buyers: 115 funds closed out of ADP and 104 opened new positions — a net loss of 11 holders — while 644 trimmed existing stakes and 519 added.

The largest buyer was Harris Associates, adding an estimated $287M. The largest seller was Polen Capital Management, cutting an estimated $795M.

  • 1,564 institutional investors held Automatic Data Processing (ADP) as of Q3 2020, down from 1,594 in Q2 2020.
  • Funds reported $48.4B of Automatic Data Processing stock for Q3 2020, down 6.1% quarter-over-quarter.
  • 104 funds opened new Automatic Data Processing positions in Q3 2020 and 115 closed out, a net change of -11 holders.
  • The largest Automatic Data Processing buyer in Q3 2020 was Harris Associates, an estimated $287M added.
  • The largest Automatic Data Processing seller in Q3 2020 was Polen Capital Management, an estimated $795M sold.

Based on aggregated 13F filings for Q3 2020.