Automatic Data Processing
ADP
2,232 hedge funds and large institutions have $90.9B invested in Automatic Data Processing in 2024 Q3 according to their latest regulatory filings, with 191 funds opening new positions, 781 increasing their positions, 863 reducing their positions, and 101 closing their positions.
89% more first-time investments, than exits
New positions opened: 191 | Existing positions closed: 101
16% more capital invested
Capital invested by funds: $78.3B → $90.9B (+$12.7B)
13% more funds holding in top 10
Funds holding in top 10: 63 → 71 (+8)
3% more funds holding
Funds holding: 2,166 → 2,232 (+66)
0.83% more ownership
Funds ownership: 80.04% → 80.86% (+0.83%)
10% less repeat investments, than reductions
Existing positions increased: 781 | Existing positions reduced: 863
19% less call options, than puts
Call options by funds: $611M | Put options by funds: $758M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$482M |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$311M |
| 3 |
Goldman Sachs
New York
|
+$287M |
| 4 |
Holocene Advisors
New York
|
+$152M |
| 5 |
Renaissance Technologies
New York
|
+$133M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$205M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$187M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$124M |
| 4 |
Jane Street
New York
|
-$115M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
-$108M |
ADP Hedge Fund Activity: Q3 2024 in Review
2,232 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q3 2024, worth a combined $90.9B — up 16% from $78.3B a quarter earlier.
Buyers outnumbered sellers: 191 funds opened new ADP positions and 101 closed out — a net gain of 90 holders — while 781 added to existing stakes and 863 trimmed.
The largest buyer was BlackRock, adding an estimated $482M. The largest seller was Ameriprise, cutting an estimated $205M.
- 2,232 institutional investors held Automatic Data Processing (ADP) as of Q3 2024, up from 2,166 in Q2 2024.
- Funds reported $90.9B of Automatic Data Processing stock for Q3 2024, up 16% quarter-over-quarter.
- 191 funds opened new Automatic Data Processing positions in Q3 2024 and 101 closed out, a net change of +90 holders.
- The largest Automatic Data Processing buyer in Q3 2024 was BlackRock, an estimated $482M added.
- The largest Automatic Data Processing seller in Q3 2024 was Ameriprise, an estimated $205M sold.
Based on aggregated 13F filings for Q3 2024.