Automatic Data Processing
ADP
1,203 hedge funds and large institutions have $36.5B invested in Automatic Data Processing in 2016 Q4 according to their latest regulatory filings, with 168 funds opening new positions, 362 increasing their positions, 488 reducing their positions, and 58 closing their positions.
190% more first-time investments, than exits
New positions opened: 168 | Existing positions closed: 58
66% more funds holding in top 10
Funds holding in top 10: 47 → 78 (+31)
23.48% more ownership
Funds ownership: 55.43% → 78.91% (+23%)
20% more call options, than puts
Call options by funds: $129M | Put options by funds: $108M
18% more capital invested
Capital invested by funds: $31B → $36.5B (+$5.51B)
8% more funds holding
Funds holding: 1,109 → 1,203 (+94)
26% less repeat investments, than reductions
Existing positions increased: 362 | Existing positions reduced: 488
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$167M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$159M |
| 3 |
Polen Capital Management
Boca Raton,
Florida
|
+$118M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$112M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$92.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$128M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$109M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$72.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$68.7M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$64.3M |
ADP Hedge Fund Activity: Q4 2016 in Review
1,203 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q4 2016, worth a combined $36.5B — up 18% from $31B a quarter earlier.
Buyers outnumbered sellers: 168 funds opened new ADP positions and 58 closed out — a net gain of 110 holders — while 362 added to existing stakes and 488 trimmed.
The largest buyer was American Century Companies, opening a new position worth an estimated $167M. The largest seller was Wellington Management Group, cutting an estimated $128M.
- 1,203 institutional investors held Automatic Data Processing (ADP) as of Q4 2016, up from 1,109 in Q3 2016.
- Funds reported $36.5B of Automatic Data Processing stock for Q4 2016, up 18% quarter-over-quarter.
- 168 funds opened new Automatic Data Processing positions in Q4 2016 and 58 closed out, a net change of +110 holders.
- The largest Automatic Data Processing buyer in Q4 2016 was American Century Companies, an estimated $167M added.
- The largest Automatic Data Processing seller in Q4 2016 was Wellington Management Group, an estimated $128M sold.
Based on aggregated 13F filings for Q4 2016.