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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
BCA
1151
Berman Capital Advisors
Georgia
$407K -$15.4K -110 -4%
SIC
1152
Salem Investment Counselors
North Carolina
$407K
CFSG
1153
Community Financial Services Group
Vermont
$407K +$144K +1,029 +55%
MFG
1154
Merit Financial Group
Georgia
$406K -$94.6K -675 -19%
CGL
1155
Clarius Group LLC
Washington
$406K -$12.5K -89 -3%
MOS
1156
MGO One Seven
Ohio
$402K +$13.2K +94 +3%
SBWM
1157
Sunflower Bank Wealth Management
Arizona
$398K
QCG
1158
Quadrant Capital Group
Ohio
$397K -$209K -1,490 -34%
AA
1159
Argent Advisors
Louisiana
$397K
Lazard Asset Management
1160
Lazard Asset Management
New York
$397K +$139K +990 +53%
MCM
1161
Murphy Capital Management
New Jersey
$394K -$102K -725 -20%
LFA
1162
Legacy Financial Advisors
Kentucky
$394K +$396K +2,827 New
FFN
1163
Focus Financial Network
Minnesota
$391K -$8.83K -63 -2%
SBSB
1164
Sullivan, Bruyette, Speros & Blaney
Virginia
$391K -$25.5K -182 -6%
MWA
1165
Meridian Wealth Advisors
Texas
$390K -$9.81K -70 -2%
QPWM
1166
Quadrant Private Wealth Management
Pennsylvania
$390K -$2.8K -20 -0.7%
BEAM
1167
Baker Ellis Asset Management
Washington
$389K
CRIG
1168
Charter Research & Investment Group
Connecticut
$388K
GC
1169
Grimes & Company
Massachusetts
$388K
Wealth Enhancement Advisory Services
1170
Wealth Enhancement Advisory Services
Minnesota
$383K
BDF
1171
Balasa Dinverno & Foltz
$383K +$385K +2,746 New
Fisher Asset Management
1172
Fisher Asset Management
Washington
$380K +$27.9K +199 +8%
ST
1173
Sabal Trust
Florida
$379K -$17.2K -123 -4%
IWS
1174
Insight Wealth Strategies
California
$379K +$97K +692 +34%
FMLI
1175
Fukoku Mutual Life Insurance
Japan
$377K -$420K -3,000 -53%

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.