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Automatic Data Processing

1,520 hedge funds and large institutions have $56.2B invested in Automatic Data Processing in 2019 Q1 according to their latest regulatory filings, with 145 funds opening new positions, 504 increasing their positions, 601 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more first-time investments, than exits

New positions opened: 145 | Existing positions closed: 84

26% more funds holding in top 10

Funds holding in top 10: 7696 (+20)

22% more capital invested

Capital invested by funds: $46B → $56.2B (+$10.2B)

3% more funds holding

Funds holding: 1,4711,520 (+49)

0.51% more ownership

Funds ownership: 80.47%80.98% (+0.51%)

3% less call options, than puts

Call options by funds: $591M | Put options by funds: $609M

16% less repeat investments, than reductions

Existing positions increased: 504 | Existing positions reduced: 601

Holders
1,520
Holders Change
+49
Holders Change %
+3.33%
% of All Funds
32.9%
Holding in Top 10
96
Holding in Top 10 Change
+20
Holding in Top 10 Change %
+26.32%
% of All Funds
2.08%
New
145
Increased
504
Reduced
601
Closed
84
Calls
$591M
Puts
$609M
Net Calls
-$18.1M
Net Calls Change
-$340M
Name Holding Trade Value Shares
Change
Change in
Stake
HIS
1251
Harvest Investment Services
Illinois
$270K -$1.45K -10 -0.6%
POIA
1252
Pin Oak Investment Advisors
Texas
$269K -$45.6K -314 -16%
DSC
1253
Duncker Streett & Co
Missouri
$268K
GWM
1254
GSB Wealth Management
Connecticut
$268K
WP
1255
WealthShield Partners
North Carolina
$268K +$244K +1,677 New
GCM
1256
Gunderson Capital Management
South Carolina
$267K +$243K +1,674 New
SIC
1257
Sigma Investment Counselors
Michigan
$266K +$1.6K +11 +0.7%
PAMG
1258
Patton Albertson Miller Group
Tennessee
$264K -$50.8K -350 -18%
HFS
1259
Haverford Financial Services
Pennsylvania
$263K -$1.31K -9 -0.5%
CIM
1260
Confluence Investment Management
Missouri
$262K -$267K -1,839 -53%
WA
1261
Waverly Advisors
Alabama
$260K -$54.5K -375 -19%
CHP
1262
Cable Hill Partners
Oregon
$259K
GA
1263
Gateway Advisory
New Jersey
$259K
TCM
1264
Telos Capital Management
California
$258K -$14.5K -100 -6%
SIA
1265
Starfire Investment Advisers
Michigan
$257K
FFA
1266
First Foundation Advisors
California
$257K +$6.1K +42 +3%
WKWM
1267
Walter & Keenan Wealth Management
Indiana
$256K
GIA
1268
Gladstone Institutional Advisory
Florida
$254K -$19.5K -134 -8%
MFW
1269
Mosaic Family Wealth
Missouri
$254K
ESBC
1270
E.S. Barr & Co
Kentucky
$252K -$163K -1,125 -42%
SFG
1271
SevenBridge Financial Group
Pennsylvania
$252K -$6.83K -47 -3%
FNBT
1272
FineMark National Bank & Trust
Florida
$250K -$467K -3,212 -67%
FFC
1273
First Financial Corp
Indiana
$248K -$32K -220 -12%
CVM
1274
Cheviot Value Management
California
$248K
PWA
1275
Providence Wealth Advisors
Illinois
$247K +$223K +1,537 New

ADP Hedge Fund Activity: Q1 2019 in Review

1,520 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q1 2019, worth a combined $56.2B — up 22% from $46B a quarter earlier.

Buyers outnumbered sellers: 145 funds opened new ADP positions and 84 closed out — a net gain of 61 holders — while 504 added to existing stakes and 601 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $320M. The largest seller was Polen Capital Management, cutting an estimated $186M.

  • 1,520 institutional investors held Automatic Data Processing (ADP) as of Q1 2019, up from 1,471 in Q4 2018.
  • Funds reported $56.2B of Automatic Data Processing stock for Q1 2019, up 22% quarter-over-quarter.
  • 145 funds opened new Automatic Data Processing positions in Q1 2019 and 84 closed out, a net change of +61 holders.
  • The largest Automatic Data Processing buyer in Q1 2019 was JP Morgan Chase, an estimated $320M added.
  • The largest Automatic Data Processing seller in Q1 2019 was Polen Capital Management, an estimated $186M sold.

Based on aggregated 13F filings for Q1 2019.