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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
FSA
1301
Franklin Street Advisors
North Carolina
$233K +$212K +1,459 New
PWMAG
1302
Pinnacle Wealth Management Advisory Group
New Jersey
$232K +$211K +1,450 New
QSS
1303
Quantitative Systematic Strategies
Florida
$228K -$1.54M -10,619 -88%
CAM
1304
Costello Asset Management
Pennsylvania
$228K +$207K +1,427 New
CWM
1305
Concentric Wealth Management
California
$228K +$208K +1,429 New
ACM
1306
AUA Capital Management
Pennsylvania
$227K
RIA
1307
Realta Investment Advisors
Delaware
$225K +$205K +1,408 New
TWA
1308
TCI Wealth Advisors
Arizona
$224K -$872 -6 -0.4%
CAM
1309
Cubic Asset Management
Massachusetts
$224K +$203K +1,400 New
SIM
1310
Sadoff Investment Management
Wisconsin
$224K +$203K +1,400 New
SAM
1311
Seelaus Asset Management
New Jersey
$224K +$203K +1,400 New
AB
1312
AT Bancorp
Iowa
$220K -$70.7K -487 -26%
SWMG
1313
Strategic Wealth Management Group
Maryland
$219K +$199K +1,368 New
AFNAS
1314
American Financial Network Advisory Services
California
$219K +$202K +1,390 New
TAM
1315
Trillium Asset Management
Massachusetts
$218K +$198K +1,363 New
SIG
1316
Sky Investment Group
Connecticut
$218K +$199K +1,367 New
FIM
1317
Frontier Investment Management
Texas
$217K +$197K +1,359 New
HFM
1318
Harvest Fund Management
China
$216K -$84K -578 -30%
GCM
1319
Gables Capital Management
Florida
$216K +$26.1K +180 +15%
SRAM
1320
Stone Ridge Asset Management
New York
$215K +$195K +1,344 New
CC
1321
Cadinha & Co
Hawaii
$215K +$195K +1,345 New
LJAC
1322
L.J. Altfest & Co
New York
$215K +$195K +1,345 New
AF
1323
Allworth Financial
California
$214K +$872 +6 +0.4%
FUBT
1324
First United Bank & Trust
Maryland
$214K +$195K +1,339 New
NP
1325
NorthRock Partners
Minnesota
$212K +$191K +1,314 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.