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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
RTL
1926
Red Tortoise LLC
Georgia
$56.9K +$488 +2 +0.9%
PP
1927
PrairieView Partners
Minnesota
$55K -$488 -2 -0.9%
CMP
1928
Coston McIsaac & Partners
Maine
$55K
CCP
1929
Carmel Capital Partners
California
$54.9K +$16.8K +69 +43%
RDFA
1930
Ritter Daniher Financial Advisory
Ohio
$53.2K -$6.1K -25 -10%
FCG
1931
Financial Connections Group
California
$53K
DSC
1932
Duncker Streett & Co
Missouri
$51K -$2.93K -12 -5%
PCA
1933
Providence Capital Advisors
North Carolina
$49.8K +$1.71K +7 +4%
CFFP
1934
Center for Financial Planning
Michigan
$49.3K -$2.44K -10 -5%
BIA
1935
Bell Investment Advisors
California
$49.1K -$3.41K -14 -6%
RFA
1936
Resurgent Financial Advisors
Georgia
$48.1K -$41.5K -170 -46%
CP
1937
Castleview Partners
Texas
$48.1K
MSFP
1938
Mark Sheptoff Financial Planning
Connecticut
$48.1K
RAM
1939
Riggs Asset Management
Pennsylvania
$48.1K
TCCM
1940
Timber Creek Capital Management
Massachusetts
$48.1K
RG
1941
Retirement Group
California
$47.3K +$24.6K +101 +105%
FPFS
1942
First Personal Financial Services
North Carolina
$44.3K
SIS
1943
Sound Income Strategies
Florida
$43.8K -$3.66K -15 -8%
BSWA
1944
Bromfield Sneider Wealth Advisors
Massachusetts
$43.5K -$15.8K -65 -26%
IFAM
1945
Institutional & Family Asset Management
Colorado
$42.6K
SWA
1946
SOA Wealth Advisors
New York
$41.7K
RCM
1947
Raleigh Capital Management
North Carolina
$41.7K +$21.7K +89 +106%
CWM
1948
Cedar Wealth Management
California
$40.2K
WIM
1949
Westside Investment Management
California
$39.7K
CA
1950
Centerpoint Advisors
Massachusetts
$39K

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.