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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
TCM
1901
Tradewinds Capital Management
Washington
$74.5K +$488 +2 +0.6%
WPWM
1902
Western Pacific Wealth Management
Illinois
$73.6K
CCA
1903
Catalyst Capital Advisors
New York
$73.6K +$19K +78 +34%
NFSG
1904
Newbridge Financial Services Group
Florida
$73.2K -$3.17K -13 -4%
FMTCOCP
1905
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$72K
AWM
1906
Atticus Wealth Management
Florida
$68.6K
CFS
1907
CGC Financial Services
Oregon
$67.1K
CAC
1908
Core Alternative Capital
Georgia
$66.3K +$244 +1 +0.4%
ME
1909
McIlrath & Eck
Washington
$66.2K -$731 -3 -1%
ICM
1910
Intrepid Capital Management
Florida
$65.4K
MAM
1911
Magellan Asset Management
Australia
$65.2K
MTIC
1912
Missouri Trust & Investment Company
Missouri
$65K
CWM
1913
Compass Wealth Management
Connecticut
$64.2K
PK
1914
Pflug Koory
Nebraska
$64.2K
NMG
1915
New Millennium Group
Utah
$63.5K -$166K -681 -72%
PGAM
1916
Princeton Global Asset Management
New Jersey
$63.2K +$244 +1 +0.4%
SOW
1917
State of Wyoming
Wyoming
$61.6K -$96.1K -394 -61%
CIA
1918
Cape Investment Advisory
Georgia
$61.1K +$2.93K +12 +5%
WWP
1919
WR Wealth Planners
Missouri
$60.6K +$8.05K +33 +15%
OIA
1920
Optimum Investment Advisors
Illinois
$60.4K +$244 +1 +0.4%
CTA
1921
Colonial Trust Advisors
South Carolina
$60.4K +$12.2K +50 +25%
OCM
1922
Orion Capital Management
California
$60.1K +$61K +250 New
FPF
1923
First Pacific Financial
Washington
$59.4K
FCT
1924
First Community Trust
Iowa
$57.3K
VAG
1925
VisionPoint Advisory Group
Texas
$57K +$44.1K +181 +323%

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.