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Automatic Data Processing

2,121 hedge funds and large institutions have $79.3B invested in Automatic Data Processing in 2023 Q4 according to their latest regulatory filings, with 236 funds opening new positions, 709 increasing their positions, 825 reducing their positions, and 108 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more first-time investments, than exits

New positions opened: 236 | Existing positions closed: 108

5% more funds holding

Funds holding: 2,0222,121 (+99)

3.16% more ownership

Funds ownership: 79.56%82.72% (+3.2%)

0% more capital invested

Capital invested by funds: $79B → $79.3B (+$316M)

2% less call options, than puts

Call options by funds: $574M | Put options by funds: $589M

14% less repeat investments, than reductions

Existing positions increased: 709 | Existing positions reduced: 825

22% less funds holding in top 10

Funds holding in top 10: 9070 (-20)

Holders
2,121
Holders Change
+99
Holders Change %
+4.9%
% of All Funds
30.92%
Holding in Top 10
70
Holding in Top 10 Change
-20
Holding in Top 10 Change %
-22.22%
% of All Funds
1.02%
New
236
Increased
709
Reduced
825
Closed
108
Calls
$574M
Puts
$589M
Net Calls
-$14.5M
Net Calls Change
-$67.3M
Name Holding Trade Value Shares
Change
Change in
Stake
OIA
2001
Optimum Investment Advisors
Illinois
$58.2K -$233 -1 -0.4%
OCM
2002
Orion Capital Management
California
$58.2K
BGAI
2003
Bruce G. Allen Investments
Colorado
$57.1K +$57.1K +245 New
FCT
2004
First Community Trust
Iowa
$55.4K
RTL
2005
Red Tortoise LLC
Georgia
$55.4K +$233 +1 +0.4%
CMP
2006
Coston McIsaac & Partners
Maine
$54K +$233 +1 +0.4%
CAC
2007
Core Alternative Capital
Georgia
$53.5K -$10.7K -46 -17%
PP
2008
PrairieView Partners
Minnesota
$53K
IPW
2009
Impact Partnership Wealth
Georgia
$52.4K +$29.1K +125 +125%
RDFA
2010
Ritter Daniher Financial Advisory
Ohio
$51.5K
RFA
2011
Resurgent Financial Advisors
Georgia
$51.3K +$4.66K +20 +10%
FCG
2012
Financial Connections Group
California
$51K
DSC
2013
Duncker Streett & Co
Missouri
$49.6K +$233 +1 +0.5%
CFFP
2014
Center for Financial Planning
Michigan
$47.8K
NMG
2015
New Millennium Group
Utah
$47.3K -$14.2K -61 -23%
MSFP
2016
Mark Sheptoff Financial Planning
Connecticut
$46.6K
RAM
2017
Riggs Asset Management
Pennsylvania
$46.6K
RG
2018
Retirement Group
California
$45.9K
VC
2019
Vestor Capital
Illinois
$44K +$44.3K +190 New
FPFS
2020
First Personal Financial Services
North Carolina
$42.9K
BSWA
2021
Bromfield Sneider Wealth Advisors
Massachusetts
$42.2K
BL
2022
BFSG LLC
California
$41.9K +$41.9K +180 New
BIA
2023
Bell Investment Advisors
California
$41K -$6.52K -28 -14%
EA
2024
Evolution Advisers
Virginia
$41K +$41K +176 New
MSG
2025
Main Street Group
Virginia
$40.7K +$40.5K +174 New

ADP Hedge Fund Activity: Q4 2023 in Review

2,121 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q4 2023, worth a combined $79.3B — up 0.4% from $79B a quarter earlier.

Buyers outnumbered sellers: 236 funds opened new ADP positions and 108 closed out — a net gain of 128 holders — while 709 added to existing stakes and 825 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $2.51B. The largest seller was Citadel Advisors, cutting an estimated $271M.

  • 2,121 institutional investors held Automatic Data Processing (ADP) as of Q4 2023, up from 2,022 in Q3 2023.
  • Funds reported $79.3B of Automatic Data Processing stock for Q4 2023, up 0.4% quarter-over-quarter.
  • 236 funds opened new Automatic Data Processing positions in Q4 2023 and 108 closed out, a net change of +128 holders.
  • The largest Automatic Data Processing buyer in Q4 2023 was Morgan Stanley, an estimated $2.51B added.
  • The largest Automatic Data Processing seller in Q4 2023 was Citadel Advisors, an estimated $271M sold.

Based on aggregated 13F filings for Q4 2023.