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Automatic Data Processing
ADP

2,161 hedge funds and large institutions have $81.8B invested in Automatic Data Processing in 2024 Q1 according to their latest regulatory filings, with 160 funds opening new positions, 793 increasing their positions, 829 reducing their positions, and 95 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more first-time investments, than exits

New positions opened: 160 | Existing positions closed: 95

21% more call options, than puts

Call options by funds: $609M | Put options by funds: $504M

13% more funds holding in top 10

Funds holding in top 10: 70 → 79 (+9)

2% more funds holding

Funds holding: 2,122 → 2,161 (+39)

3% more capital invested

Capital invested by funds: $79.3B → $81.8B (+$2.53B)

4% less repeat investments, than reductions

Existing positions increased: 793 | Existing positions reduced: 829

2.89% less ownership

Funds ownership: 82.72% → 79.83% (-2.9%)

Holders
2,161
Holders Change
+39
Holders Change %
+1.84%
% of All Funds
31.12%
Holding in Top 10
79
Holding in Top 10 Change
+9
Holding in Top 10 Change %
+12.86%
% of All Funds
1.14%
New
160
Increased
793
Reduced
829
Closed
95
Calls
$609M
Puts
$504M
Net Calls
+$105M
Net Calls Change
+$120M

Top Buyers

Rank Fund Capital Flow
1
BI
BlueSpruce Investments
Illinois
+$358M
2
Citadel Advisors
Citadel Advisors
Florida
+$280M
3
Millennium Management
Millennium Management
New York
+$222M
4
Bank of America
Bank of America
North Carolina
+$186M
5
Wellington Management Group
Wellington Management Group
Massachusetts
+$153M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$2.45B
2
Charles Schwab
Charles Schwab
California
-$1.57B
3
PIF
Public Investment Fund
Saudi Arabia
-$345M
4
Goldman Sachs
Goldman Sachs
New York
-$169M
5
AllianceBernstein
AllianceBernstein
Tennessee
-$119M
Name Holding Trade Value Shares
Change 		Change in
Stake
ECG
951
Edge Capital Group
Georgia
$1.78M – – –
IIC
952
Ironwood Investment Counsel
Arizona
$1.78M -$43.7K -179 -2%
NL
953
NWAM LLC
Washington
$1.78M -$68.7K -281 -4%
WS
954
Wedbush Securities
California
$1.77M -$7.33K -30 -0.4%
CP
955
Canopy Partners
Ohio
$1.77M -$358K -1,465 -17%
DWM
956
Dynasty Wealth Management
Florida
$1.76M +$1.73M +7,065 New
FPAS
957
Focus Partners Advisor Solutions
Missouri
$1.76M +$678K +2,773 +65%
CIC
958
Carnegie Investment Counsel
Ohio
$1.76M -$187K -766 -10%
NIM
959
Northeast Investment Management
Massachusetts
$1.76M -$170K -695 -9%
WI
960
WBI Investments
New Jersey
$1.75M +$1.71M +7,017 New
HI
961
Horizon Investments
North Carolina
$1.75M +$1.96K +8 +0.1%
ECAM
962
East Coast Asset Management
Massachusetts
$1.74M -$63.8K -261 -4%
NAM
963
NTV Asset Management
West Virginia
$1.74M – – –
NIA
964
NIA Impact Advisors
California
$1.74M +$1.7M +6,955 New
TPCW
965
TD Private Client Wealth
New York
$1.73M +$9.29K +38 +0.6%
ASFA
966
All Season Financial Advisors
Colorado
$1.73M -$14.9K -61 -0.9%
NP
967
Nilsine Partners
Colorado
$1.72M +$301K +1,233 +22%
PP
968
Pegasus Partners
Wisconsin
$1.72M -$114K -468 -6%
BCM
969
Bayesian Capital Management
New York
$1.72M +$1.68M +6,883 New
LFM
970
LGT Fund Management
Liechtenstein
$1.71M -$513K -2,100 -23%
SM
971
STF Management
Texas
$1.71M -$39.6K -162 -2%
MCM
972
Mendel Capital Management
Arkansas
$1.69M +$135K +552 +9%
IP
973
Investment Partners
Ohio
$1.69M +$3.91K +16 +0.2%
IWM
974
IHT Wealth Management
Illinois
$1.69M -$64.3K -263 -4%
WANY
975
Wealthspire Advisors (New York)
New York
$1.66M -$173K -709 -10%
37 38
39
40 41

ADP Hedge Fund Activity: Q1 2024 in Review

2,161 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q1 2024, worth a combined $81.8B — up 3.2% from $79.3B a quarter earlier.

Buyers outnumbered sellers: 160 funds opened new ADP positions and 95 closed out — a net gain of 65 holders — while 793 added to existing stakes and 829 trimmed.

The largest buyer was BlueSpruce Investments, opening a new position worth an estimated $358M. The largest seller was Morgan Stanley, cutting an estimated $2.45B.

  • 2,161 institutional investors held Automatic Data Processing (ADP) as of Q1 2024, up from 2,122 in Q4 2023.
  • Funds reported $81.8B of Automatic Data Processing stock for Q1 2024, up 3.2% quarter-over-quarter.
  • 160 funds opened new Automatic Data Processing positions in Q1 2024 and 95 closed out, a net change of +65 holders.
  • The largest Automatic Data Processing buyer in Q1 2024 was BlueSpruce Investments, an estimated $358M added.
  • The largest Automatic Data Processing seller in Q1 2024 was Morgan Stanley, an estimated $2.45B sold.

Based on aggregated 13F filings for Q1 2024.