Automatic Data Processing
ADP
1,054 hedge funds and large institutions have $29.1B invested in Automatic Data Processing in 2015 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 347 increasing their positions, 443 reducing their positions, and 67 closing their positions.
109% more call options, than puts
Call options by funds: $69.9M | Put options by funds: $33.4M
13% more funds holding in top 10
Funds holding in top 10: 47 → 53 (+6)
1% more capital invested
Capital invested by funds: $28.9B → $29.1B (+$179M)
0.26% more ownership
Funds ownership: 56.36% → 56.62% (+0.26%)
3% less funds holding
Funds holding: 1,089 → 1,054 (-35)
22% less repeat investments, than reductions
Existing positions increased: 347 | Existing positions reduced: 443
40% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$683M |
| 2 |
Morgan Stanley
New York
|
+$230M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$186M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$178M |
| 5 |
BG
BlackRock Group
London,
United Kingdom
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ETC
Evercore Trust Company
New York
|
-$321M |
| 2 |
Bank of New York Mellon
New York
|
-$68.2M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$65.1M |
| 4 |
Goldman Sachs
New York
|
-$60.2M |
| 5 |
Fayez Sarofim & Co
Houston,
Texas
|
-$50.3M |
ADP Hedge Fund Activity: Q3 2015 in Review
1,054 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q3 2015, worth a combined $29.1B — up 0.62% from $28.9B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of ADP and 40 opened new positions — a net loss of 27 holders — while 443 trimmed existing stakes and 347 added.
The largest buyer was Bank of America, adding an estimated $683M. The largest seller was Evercore Trust Company, exiting entirely with an estimated $321M sold.
- 1,054 institutional investors held Automatic Data Processing (ADP) as of Q3 2015, down from 1,089 in Q2 2015.
- Funds reported $29.1B of Automatic Data Processing stock for Q3 2015, up 0.62% quarter-over-quarter.
- 40 funds opened new Automatic Data Processing positions in Q3 2015 and 67 closed out, a net change of -27 holders.
- The largest Automatic Data Processing buyer in Q3 2015 was Bank of America, an estimated $683M added.
- The largest Automatic Data Processing seller in Q3 2015 was Evercore Trust Company, an estimated $321M sold.
Based on aggregated 13F filings for Q3 2015.