Automatic Data Processing
ADP
1,707 hedge funds and large institutions have $60B invested in Automatic Data Processing in 2020 Q4 according to their latest regulatory filings, with 234 funds opening new positions, 549 increasing their positions, 635 reducing their positions, and 72 closing their positions.
225% more first-time investments, than exits
New positions opened: 234 | Existing positions closed: 72
78% more funds holding in top 10
Funds holding in top 10: 37 → 66 (+29)
30% more call options, than puts
Call options by funds: $236M | Put options by funds: $182M
24% more capital invested
Capital invested by funds: $48.4B → $60B (+$11.6B)
9% more funds holding
Funds holding: 1,564 → 1,707 (+143)
1.14% less ownership
Funds ownership: 80.81% → 79.66% (-1.1%)
14% less repeat investments, than reductions
Existing positions increased: 549 | Existing positions reduced: 635
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$687M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$155M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$155M |
| 4 |
AIG
American International Group
New York
|
+$146M |
| 5 |
CWM
CIBC World Markets
New York
|
+$71.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$251M |
| 2 |
D.E. Shaw & Co
New York
|
-$235M |
| 3 |
JP Morgan Chase
New York
|
-$231M |
| 4 |
Renaissance Technologies
New York
|
-$179M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$165M |
ADP Hedge Fund Activity: Q4 2020 in Review
1,707 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q4 2020, worth a combined $60B — up 24% from $48.4B a quarter earlier.
Buyers outnumbered sellers: 234 funds opened new ADP positions and 72 closed out — a net gain of 162 holders — while 549 added to existing stakes and 635 trimmed.
The largest buyer was Capital World Investors, adding an estimated $687M. The largest seller was Ameriprise, cutting an estimated $251M.
- 1,707 institutional investors held Automatic Data Processing (ADP) as of Q4 2020, up from 1,564 in Q3 2020.
- Funds reported $60B of Automatic Data Processing stock for Q4 2020, up 24% quarter-over-quarter.
- 234 funds opened new Automatic Data Processing positions in Q4 2020 and 72 closed out, a net change of +162 holders.
- The largest Automatic Data Processing buyer in Q4 2020 was Capital World Investors, an estimated $687M added.
- The largest Automatic Data Processing seller in Q4 2020 was Ameriprise, an estimated $251M sold.
Based on aggregated 13F filings for Q4 2020.