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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
SFG
1076
Summit Financial Group
West Virginia
$508K
EF
1077
Empirical Finance
Pennsylvania
$505K +$103K +736 +26%
TFM
1078
TFC Financial Management
Massachusetts
$503K +$506K +3,608 New
AAIM
1079
Asset Advisors Investment Management
Georgia
$502K -$84.1K -600 -14%
FMWA
1080
Forvis Mazars Wealth Advisors
Missouri
$502K -$29.4K -210 -6%
MSR
1081
Main Street Research
Connecticut
$501K -$24K -171 -5%
CSPIA
1082
Cary Street Partners Investment Advisory
Virginia
$500K +$502K +3,581 New
LSAG
1083
Lake Street Advisors Group
New Hampshire
$498K -$3.64K -26 -0.7%
WTB
1084
Washington Trust Bank
Washington
$497K -$36.4K -260 -7%
UBV
1085
United Bank (Virginia)
Virginia
$496K -$112K -802 -18%
PFS
1086
Prospera Financial Services
Texas
$495K -$1.96M -13,978 -80%
TSW
1087
Thompson Siegel & Walmsley
Virginia
$491K
SA
1088
SL Advisors
New Jersey
$491K +$63.3K +452 +15%
MWM
1089
Modera Wealth Management
New Jersey
$490K -$94.3K -673 -16%
OPS
1090
Orion Portfolio Solutions
Nebraska
$490K +$17.4K +124 +4%
MFG
1091
Magnus Financial Group
New York
$488K -$123K -881 -20%
CA
1092
Capital Advantage
California
$487K +$140 +1 +0%
PB
1093
Pinnacle Bancorp
Nebraska
$486K -$154K -1,096 -24%
PI
1094
Putnam Investments
Massachusetts
$485K -$1.14M -8,150 -70%
QCM
1095
Quantinno Capital Management
New York
$484K +$190K +1,354 +64%
VDI
1096
Vaughan David Investments
Illinois
$483K
Jones Financial Companies
1097
Jones Financial Companies
Missouri
$482K +$60.3K +430 +14%
PFG
1098
PAX Financial Group
Texas
$480K +$17K +121 +4%
PNAA
1099
Pictet North America Advisors
Switzerland
$478K
SFA
1100
Sequoia Financial Advisors
Ohio
$476K -$198K -1,415 -29%

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.