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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
DA
1201
DSC Advisors
Illinois
$357K +$93.2K +665 +35%
CRWM
1202
Castle Rock Wealth Management
California
$354K +$280 +2 +0.1%
FWM
1203
Frontier Wealth Management
Missouri
$353K
NB
1204
Northwest Bancshares
Pennsylvania
$353K
TFA
1205
TPG Financial Advisors
Oregon
$353K
TCM
1206
Tandem Capital Management
New Jersey
$353K +$26.8K +191 +8%
FC
1207
Forte Capital
New York
$351K +$9.81K +70 +3%
MMA
1208
Miracle Mile Advisors
California
$349K -$349K -2,492 -50%
FCB
1209
First Command Bank
Texas
$349K
FCFS
1210
First Command Financial Services
Texas
$349K
CI
1211
CX Institutional
Indiana
$348K -$18.2K -130 -5%
CF
1212
Centaurus Financial
California
$348K
BCM
1213
Becker Capital Management
Oregon
$347K +$3.64K +26 +1%
LC
1214
Lincoln Capital
Nebraska
$346K
AWM
1215
Aevitas Wealth Management
Massachusetts
$345K +$981 +7 +0.3%
EIA
1216
Edgemoor Investment Advisors
Maryland
$344K
SAM
1217
S.A. Mason
Michigan
$344K
TWM
1218
Tolleson Wealth Management
Texas
$344K
LBD
1219
Landsberg Bennett & Dubbaneh
Florida
$344K +$51.3K +366 +17%
ATIA
1220
American Trust Investment Advisors
New Hampshire
$343K
SL
1221
Stevard LLC
Illinois
$342K +$63.2K +451 +23%
BOS
1222
Bingham Osborn & Scarborough
California
$339K -$1.26K -9 -0.4%
AAP
1223
Arax Advisory Partners
Colorado
$339K +$13K +93 +4%
IWC
1224
Integrated Wealth Concepts
Massachusetts
$339K +$112K +802 +49%
P
1225
&Partners
Tennessee
$336K +$46.5K +332 +16%

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.