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Automatic Data Processing

2,022 hedge funds and large institutions have $79B invested in Automatic Data Processing in 2023 Q3 according to their latest regulatory filings, with 150 funds opening new positions, 685 increasing their positions, 810 reducing their positions, and 86 closing their positions.

New
Increased
Maintained
Reduced
Closed

74% more first-time investments, than exits

New positions opened: 150 | Existing positions closed: 86

20% more funds holding in top 10

Funds holding in top 10: 7590 (+15)

11% more call options, than puts

Call options by funds: $533M | Put options by funds: $480M

9% more capital invested

Capital invested by funds: $72.7B → $79B (+$6.27B)

2% more funds holding

Funds holding: 1,9822,022 (+40)

0.66% less ownership

Funds ownership: 80.22%79.56% (-0.66%)

15% less repeat investments, than reductions

Existing positions increased: 685 | Existing positions reduced: 810

Holders
2,022
Holders Change
+40
Holders Change %
+2.02%
% of All Funds
32.09%
Holding in Top 10
90
Holding in Top 10 Change
+15
Holding in Top 10 Change %
+20%
% of All Funds
1.43%
New
150
Increased
685
Reduced
810
Closed
86
Calls
$533M
Puts
$480M
Net Calls
+$52.8M
Net Calls Change
+$74.7M
Name Holding Trade Value Shares
Change
Change in
Stake
NAMP
1751
NorthStar Asset Management (Pennsylvania)
Pennsylvania
$241K
RIM
1752
Reliant Investment Management
Tennessee
$241K
PCH
1753
PGIM Custom Harvest
New Jersey
$240K +$2.19K +9 +0.9%
MRWM
1754
ML&R Wealth Management
Texas
$240K +$731 +3 +0.3%
SAG
1755
SageView Advisory Group
California
$240K -$482K -1,978 -66%
WI
1756
Wedgewood Investors
Pennsylvania
$239K -$24.4K -100 -9%
CWM
1757
Cahaba Wealth Management
Georgia
$239K +$242K +991 New
OL
1758
Optas LLC
Texas
$238K +$242K +991 New
TBC
1759
Ted Buchan & Co
California
$238K
SP
1760
Successful Portfolios
Florida
$238K -$975 -4 -0.4%
MA
1761
MJP Associates
Connecticut
$237K +$4.39K +18 +2%
LCOV
1762
London Company of Virginia
Virginia
$237K
GFP
1763
Gryphon Financial Partners
Ohio
$237K +$240K +983 New
AC
1764
Asio Capital
Kentucky
$236K +$238K +977 New
LWM
1765
Laidlaw Wealth Management
New York
$236K -$152K -625 -39%
RP
1766
Riverbridge Partners
Minnesota
$234K
ACM
1767
Alpha Capital Management
Texas
$234K +$237K +974 New
BW
1768
Bison Wealth
Georgia
$233K
SFP
1769
Shepherd Financial Partners
Massachusetts
$232K +$235K +965 New
HC
1770
Hamilton Capital
Ohio
$232K +$235K +964 New
KFP
1771
KMG Fiduciary Partners
Ohio
$230K
GCM
1772
Gables Capital Management
Florida
$230K -$48.8K -200 -17%
LC
1773
Landaas & Company
Wisconsin
$229K
SFP
1774
Sterling Financial Planning
New Jersey
$229K
MCM
1775
MV Capital Management
Maryland
$229K -$11K -45 -5%

ADP Hedge Fund Activity: Q3 2023 in Review

2,022 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q3 2023, worth a combined $79B — up 8.6% from $72.7B a quarter earlier.

Buyers outnumbered sellers: 150 funds opened new ADP positions and 86 closed out — a net gain of 64 holders — while 685 added to existing stakes and 810 trimmed.

The largest buyer was Invesco, adding an estimated $221M. The largest seller was Traphagen Investment Advisors, cutting an estimated $259M.

  • 2,022 institutional investors held Automatic Data Processing (ADP) as of Q3 2023, up from 1,982 in Q2 2023.
  • Funds reported $79B of Automatic Data Processing stock for Q3 2023, up 8.6% quarter-over-quarter.
  • 150 funds opened new Automatic Data Processing positions in Q3 2023 and 86 closed out, a net change of +64 holders.
  • The largest Automatic Data Processing buyer in Q3 2023 was Invesco, an estimated $221M added.
  • The largest Automatic Data Processing seller in Q3 2023 was Traphagen Investment Advisors, an estimated $259M sold.

Based on aggregated 13F filings for Q3 2023.