Automatic Data Processing
      
      
        
          ADP
        
        
      
    
  
          ADP
        
        
      1,469 hedge funds and large institutions have $46B invested in Automatic Data Processing in 2018 Q4 according to their latest regulatory filings, with 178 funds opening new positions, 425 increasing their positions, 597 reducing their positions, and 112 closing their positions.
New
  Increased
  Maintained
  Reduced
  Closed
  more first-time investments, than exits
New positions opened: | Existing positions closed:
more call options, than puts
Call options by funds: $ | Put options by funds: $
more funds holding
Funds holding: →
more ownership
Funds ownership: →
12% less capital invested
Capital invested by funds: $52.3B → $46B (-$6.35B)
17% less funds holding in top 10
Funds holding in top 10: 90 → 75 (-15)
29% less repeat investments, than reductions
Existing positions increased: 425 | Existing positions reduced: 597
    
      Holders
    
  
  
    
      
        
      
        1,469
      
    
      
    
  
    
      Holding in Top 10
    
  
  
    
      
        
      
        75
      
    
      
    
  
    
      Calls
    
  
  
    
      
        
      
        $904M
      
    
      
    
  
    
      Puts
    
  
  
    
      
        
      
        $582M
      
    
      
    
  
Top Buyers
| 1 | +$208M | |
| 2 | +$143M | |
| 3 | +$104M | |
| 4 | 
          
   
      1832 Asset Management
     
    
      
        Toronto,
      
      
        Ontario, Canada
      
     
   | 
        +$95.6M | 
| 5 | 
          
   
      Fidelity Investments
     
    
      
        Boston,
      
      
        Massachusetts
      
     
   | 
        +$89.6M | 
Top Sellers
| 1 | -$237M | |
| 2 | -$195M | |
| 3 | -$141M | |
| 4 | 
          
   
    GIM
   
  
      Generation Investment Management
     
    
      
        London,
      
      
        United Kingdom
      
     
   | 
        -$96.6M | 
| 5 | 
          
   
      Two Sigma Investments
     
    
      
      
        New York
      
     
   | 
        -$95.3M |