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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
FPFS
1401
First Personal Financial Services
North Carolina
$88K +$6.25K +43 +8%
AC
1402
Avestar Capital
New York
$88K +$41.4K +285 +97%
OIA
1403
Optimum Investment Advisors
Illinois
$80K
AA
1404
Advisory Alpha
Michigan
$78K +$70.6K +486 New
BBA
1405
Braun-Bostich & Associates
Pennsylvania
$78K -$24.7K -170 -26%
NSIM
1406
North Star Investment Management
Illinois
$75K
IFAM
1407
Institutional & Family Asset Management
Colorado
$74K
JFGIW
1408
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$74K +$12.9K +89 +24%
OSNBOA
1409
Old Second National Bank of Aurora
Illinois
$72K
BBNA
1410
Bremer Bank National Association
Minnesota
$72K +$64.2K +442 New
RFA
1411
Reilly Financial Advisors
California
$71K +$1.16K +8 +2%
VC
1412
Vestor Capital
Illinois
$68K
HL
1413
Harding Loevner
New Jersey
$67K
CLOS
1414
Compagnie Lombard Odier SCmA
Switzerland
$66K -$22.7K -156 -27%
ME
1415
McIlrath & Eck
Washington
$66K
GAM
1416
Gemmer Asset Management
California
$65K
CBT
1417
Central Bank & Trust
Kentucky
$64K
NPP
1418
New Potomac Partners
Maryland
$64K
NSB
1419
Norway Savings Bank
Maine
$62K
DWA
1420
Dougherty Wealth Advisers
Minnesota
$60K
ONST
1421
Old North State Trust
North Carolina
$59K
SAM
1422
Strategy Asset Managers
California
$59K +$53.7K +370 New
EWM
1423
Edge Wealth Management
New York
$56K
IWA
1424
Intercontinental Wealth Advisors
Texas
$56K +$145 +1 +0.3%
GSWM
1425
Golden State Wealth Management
California
$56K +$50.8K +350 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.