Automatic Data Processing
ADP
2,056 hedge funds and large institutions have $81.6B invested in Automatic Data Processing in 2022 Q4 according to their latest regulatory filings, with 207 funds opening new positions, 653 increasing their positions, 825 reducing their positions, and 79 closing their positions.
162% more first-time investments, than exits
New positions opened: 207 | Existing positions closed: 79
9% more capital invested
Capital invested by funds: $75.2B → $81.6B (+$6.42B)
5% more funds holding
Funds holding: 1,967 → 2,056 (+89)
0.52% more ownership
Funds ownership: 80.44% → 80.96% (+0.52%)
14% less funds holding in top 10
Funds holding in top 10: 113 → 97 (-16)
21% less repeat investments, than reductions
Existing positions increased: 653 | Existing positions reduced: 825
34% less call options, than puts
Call options by funds: $522M | Put options by funds: $795M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$341M |
| 2 |
BlackRock
New York
|
+$330M |
| 3 |
Amundi
Paris,
France
|
+$210M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$202M |
| 5 |
Morgan Stanley
New York
|
+$195M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$257M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$252M |
| 3 |
Bank of New York Mellon
New York
|
-$246M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
-$208M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$174M |
ADP Hedge Fund Activity: Q4 2022 in Review
2,056 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q4 2022, worth a combined $81.6B — up 8.5% from $75.2B a quarter earlier.
Buyers outnumbered sellers: 207 funds opened new ADP positions and 79 closed out — a net gain of 128 holders — while 653 added to existing stakes and 825 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $341M. The largest seller was Citadel Advisors, cutting an estimated $257M.
- 2,056 institutional investors held Automatic Data Processing (ADP) as of Q4 2022, up from 1,967 in Q3 2022.
- Funds reported $81.6B of Automatic Data Processing stock for Q4 2022, up 8.5% quarter-over-quarter.
- 207 funds opened new Automatic Data Processing positions in Q4 2022 and 79 closed out, a net change of +128 holders.
- The largest Automatic Data Processing buyer in Q4 2022 was JP Morgan Chase, an estimated $341M added.
- The largest Automatic Data Processing seller in Q4 2022 was Citadel Advisors, an estimated $257M sold.
Based on aggregated 13F filings for Q4 2022.