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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
1IA
1776
1620 Investment Advisors
Massachusetts
$229K
WA
1777
WESPAC Advisors
California
$228K +$231K +948 New
FBFS
1778
First Business Financial Services
Wisconsin
$227K +$2.93K +12 +1%
RIA
1779
Realta Investment Advisors
Delaware
$226K -$26.8K -110 -10%
SCP
1780
Seizert Capital Partners
Michigan
$226K -$54.6K -224 -19%
ETIA
1781
Epic Trust Investment Advisors
Washington
$226K -$25.6K -105 -10%
MFG
1782
MidWestOne Financial Group
Iowa
$226K +$229K +941 New
KA
1783
Kovack Advisors
Florida
$225K +$975 +4 +0.4%
SIAP
1784
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
$224K
DT
1785
Daniels + Tansey
Delaware
$224K -$1.22K -5 -0.4%
CFG
1786
Cooper Financial Group
California
$224K -$1.71K -7 -0.7%
CBT
1787
Central Bank & Trust
Kentucky
$223K +$40K +164 +21%
FA
1788
Financial Avengers
California
$223K +$1.22K +5 +0.5%
DWM
1789
Dechtman Wealth Management
Colorado
$223K +$1.22K +5 +0.5%
KCM
1790
KRS Capital Management
Michigan
$223K
AWE
1791
Avidian Wealth Enterprises
Texas
$222K -$56.3K -231 -20%
AIC
1792
Archer Investment Corporation
Indiana
$222K
EP
1793
Edgestream Partners
New Jersey
$222K -$996K -4,085 -82%
LA
1794
Latitude Advisors
Florida
$221K +$2.19K +9 +1%
AFS
1795
Annapolis Financial Services
Maryland
$221K
SAM
1796
SignalPoint Asset Management
Missouri
$221K
SAF
1797
Smith Anglin Financial
Texas
$220K -$30K -123 -12%
AA
1798
Advisory Alpha
Michigan
$220K +$223K +914 New
NCM
1799
Novare Capital Management
North Carolina
$220K
PPWM
1800
PFG Private Wealth Management
Florida
$218K

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.