Automatic Data Processing
ADP
1,102 hedge funds and large institutions have $32B invested in Automatic Data Processing in 2016 Q1 according to their latest regulatory filings, with 69 funds opening new positions, 367 increasing their positions, 473 reducing their positions, and 60 closing their positions.
78% more call options, than puts
Call options by funds: $105M | Put options by funds: $58.9M
15% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 60
7% more capital invested
Capital invested by funds: $30.1B → $32B (+$1.97B)
4% more funds holding in top 10
Funds holding in top 10: 54 → 56 (+2)
0.1% more ownership
Funds ownership: 55.52% → 55.62% (+0.1%)
0% less funds holding
Funds holding: 1,105 → 1,102 (-3)
22% less repeat investments, than reductions
Existing positions increased: 367 | Existing positions reduced: 473
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$105M |
| 2 |
Ninety One (UK)
London,
United Kingdom
|
+$74.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$69.6M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$68.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$54.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$74.3M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$72.6M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$53.2M |
| 4 |
CC
Capital Counsel
New York
|
-$49.4M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$46.8M |
ADP Hedge Fund Activity: Q1 2016 in Review
1,102 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q1 2016, worth a combined $32B — up 6.6% from $30.1B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new ADP positions and 60 closed out — a net gain of 9 holders — while 367 added to existing stakes and 473 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $105M. The largest seller was Bank of New York Mellon, cutting an estimated $74.3M.
- 1,102 institutional investors held Automatic Data Processing (ADP) as of Q1 2016, down from 1,105 in Q4 2015.
- Funds reported $32B of Automatic Data Processing stock for Q1 2016, up 6.6% quarter-over-quarter.
- 69 funds opened new Automatic Data Processing positions in Q1 2016 and 60 closed out, a net change of +9 holders.
- The largest Automatic Data Processing buyer in Q1 2016 was Morgan Stanley, an estimated $105M added.
- The largest Automatic Data Processing seller in Q1 2016 was Bank of New York Mellon, an estimated $74.3M sold.
Based on aggregated 13F filings for Q1 2016.