Automatic Data Processing
ADP
1,124 hedge funds and large institutions have $32.6B invested in Automatic Data Processing in 2016 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 378 increasing their positions, 441 reducing their positions, and 44 closing their positions.
86% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 44
58% more call options, than puts
Call options by funds: $97.6M | Put options by funds: $61.7M
2% more funds holding
Funds holding: 1,102 → 1,124 (+22)
2% more funds holding in top 10
Funds holding in top 10: 56 → 57 (+1)
2% more capital invested
Capital invested by funds: $32B → $32.6B (+$591M)
0.07% more ownership
Funds ownership: 55.62% → 55.7% (+0.07%)
14% less repeat investments, than reductions
Existing positions increased: 378 | Existing positions reduced: 441
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
DSM Capital Partners
Palm Beach Gardens,
Florida
|
+$163M |
| 2 |
JIM
Jensen Investment Management
Lake Oswego,
Oregon
|
+$160M |
| 3 |
D.E. Shaw & Co
New York
|
+$106M |
| 4 |
Morgan Stanley
New York
|
+$98M |
| 5 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$74.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$682M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$508M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$59.1M |
| 4 |
CI
Cincinnati Insurance
Fairfield,
Ohio
|
-$49.6M |
| 5 |
State Street
Boston,
Massachusetts
|
-$46.9M |
ADP Hedge Fund Activity: Q2 2016 in Review
1,124 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q2 2016, worth a combined $32.6B — up 1.8% from $32B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new ADP positions and 44 closed out — a net gain of 38 holders — while 378 added to existing stakes and 441 trimmed.
The largest buyer was DSM Capital Partners, opening a new position worth an estimated $163M. The largest seller was Bank of America, cutting an estimated $682M.
- 1,124 institutional investors held Automatic Data Processing (ADP) as of Q2 2016, up from 1,102 in Q1 2016.
- Funds reported $32.6B of Automatic Data Processing stock for Q2 2016, up 1.8% quarter-over-quarter.
- 82 funds opened new Automatic Data Processing positions in Q2 2016 and 44 closed out, a net change of +38 holders.
- The largest Automatic Data Processing buyer in Q2 2016 was DSM Capital Partners, an estimated $163M added.
- The largest Automatic Data Processing seller in Q2 2016 was Bank of America, an estimated $682M sold.
Based on aggregated 13F filings for Q2 2016.