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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
RFA
1851
Register Financial Advisors
Georgia
$135K +$1.46K +6 +1%
CH
1852
Canton Hathaway
Rhode Island
$134K +$33.2K +136 +32%
TWM
1853
Tradition Wealth Management
Minnesota
$131K +$244 +1 +0.2%
RTC
1854
Riverview Trust Company
Washington
$130K
CWM
1855
Cranbrook Wealth Management
Michigan
$128K
PPC
1856
Park Place Capital
Alabama
$128K
TLA
1857
Tanglewood Legacy Advisors
Texas
$126K
SIC
1858
SJS Investment Consulting
Ohio
$123K +$1.95K +8 +2%
AF
1859
Advisornet Financial
Minnesota
$123K -$49.5K -203 -28%
QL
1860
Quarry LP
New York
$121K +$63.1K +259 +106%
EAM
1861
EdenTree Asset Management
United Kingdom
$120K -$610K -2,500 -83%
AA
1862
Addison Advisors
Vermont
$118K
TSWM
1863
Tyler-Stone Wealth Management
Ohio
$117K
CFD
1864
Creative Financial Designs
Indiana
$117K
TIM
1865
Tortoise Investment Management
New York
$115K +$731 +3 +0.6%
CSC
1866
Caldwell Sutter Capital
California
$114K
GPI
1867
General Partner Inc
Pennsylvania
$114K
PCFFS
1868
Pacific Center for Financial Services
California
$114K +$36.6K +150 +46%
JFA
1869
JNBA Financial Advisors
Minnesota
$114K +$1.71K +7 +1%
PO
1870
Private Ocean
California
$113K
CTWM
1871
Cherry Tree Wealth Management
Minnesota
$112K
VIA
1872
Virtus Investment Advisers
Connecticut
$108K +$109K +448 New
WOSD
1873
WFA of San Diego
California
$107K
ITIM
1874
Indiana Trust & Investment Management
Indiana
$105K +$106K +435 New
MFA
1875
McClarren Financial Advisors
Pennsylvania
$104K +$488 +2 +0.5%

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.