Automatic Data Processing
1,537 hedge funds and large institutions have $58.6B invested in Automatic Data Processing in 2019 Q2 according to their latest regulatory filings, with 113 funds opening new positions, 470 increasing their positions, 637 reducing their positions, and 76 closing their positions.
49% more first-time investments, than exits
New positions opened: 113 | Existing positions closed: 76
1% more funds holding
Funds holding: 1,520 → 1,537 (+17)
4% more capital invested
Capital invested by funds: $56.2B → $58.6B (+$2.38B)
0.41% more ownership
Funds ownership: 80.98% → 81.39% (+0.41%)
7% less funds holding in top 10
Funds holding in top 10: 96 → 89 (-7)
22% less call options, than puts
Call options by funds: $280M | Put options by funds: $357M
26% less repeat investments, than reductions
Existing positions increased: 470 | Existing positions reduced: 637
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$765M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$276M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$124M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$105M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$104M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Polen Capital Management
Boca Raton,
Florida
|
-$231M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$92.2M |
| 3 |
Citigroup
New York
|
-$76.8M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$74.9M |
| 5 |
GIM
Generation Investment Management
London,
United Kingdom
|
-$71.9M |
ADP Hedge Fund Activity: Q2 2019 in Review
1,537 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q2 2019, worth a combined $58.6B — up 4.2% from $56.2B a quarter earlier.
Buyers outnumbered sellers: 113 funds opened new ADP positions and 76 closed out — a net gain of 37 holders — while 470 added to existing stakes and 637 trimmed.
The largest buyer was Nuveen, adding an estimated $765M. The largest seller was Polen Capital Management, cutting an estimated $231M.
- 1,537 institutional investors held Automatic Data Processing (ADP) as of Q2 2019, up from 1,520 in Q1 2019.
- Funds reported $58.6B of Automatic Data Processing stock for Q2 2019, up 4.2% quarter-over-quarter.
- 113 funds opened new Automatic Data Processing positions in Q2 2019 and 76 closed out, a net change of +37 holders.
- The largest Automatic Data Processing buyer in Q2 2019 was Nuveen, an estimated $765M added.
- The largest Automatic Data Processing seller in Q2 2019 was Polen Capital Management, an estimated $231M sold.
Based on aggregated 13F filings for Q2 2019.