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Automatic Data Processing

1,109 hedge funds and large institutions have $31B invested in Automatic Data Processing in 2016 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 405 increasing their positions, 452 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.24% less ownership

Funds ownership: 55.68%55.43% (-0.24%)

2% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 54

5% less capital invested

Capital invested by funds: $32.6B → $31B (-$1.58B)

1% less funds holding

Funds holding: 1,1221,109 (-13)

10% less repeat investments, than reductions

Existing positions increased: 405 | Existing positions reduced: 452

10% less call options, than puts

Call options by funds: $86.8M | Put options by funds: $96.9M

18% less funds holding in top 10

Funds holding in top 10: 5747 (-10)

Holders
1,109
Holders Change
-13
Holders Change %
-1.16%
% of All Funds
29.59%
Holding in Top 10
47
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-17.54%
% of All Funds
1.25%
New
53
Increased
405
Reduced
452
Closed
54
Calls
$86.8M
Puts
$96.9M
Net Calls
-$10.1M
Net Calls Change
-$46M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.85B +$84.7M +935,083 +3%
State Street
2
State Street
Massachusetts
$1.76B +$51.4M +567,449 +3%
Bank of America
3
Bank of America
North Carolina
$1.7B -$70.1M -774,187 -4%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$1.39B -$6.44M -71,052 -0.4%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$1.19B -$32.2M -355,509 -3%
BIT
6
BlackRock Institutional Trust
California
$1.13B +$11.2M +123,283 +1%
Morgan Stanley
7
Morgan Stanley
New York
$822M +$50.9M +561,870 +6%
BFA
8
BlackRock Fund Advisors
California
$751M +$22.4M +246,925 +3%
AllianceBernstein
9
AllianceBernstein
Tennessee
$724M -$16.2M -178,994 -2%
Invesco
10
Invesco
Georgia
$644M +$28.4M +313,408 +4%
Northern Trust
11
Northern Trust
Illinois
$619M +$12M +132,896 +2%
Wells Fargo
12
Wells Fargo
California
$596M +$37.2M +410,986 +6%
BG
13
BlackRock Group
United Kingdom
$504M -$4.43M -48,870 -0.8%
Capital International Investors
14
Capital International Investors
California
$492M +$52.4M +578,000 +12%
Polen Capital Management
15
Polen Capital Management
Florida
$398M +$13.1M +145,027 +3%
JP Morgan Chase
16
JP Morgan Chase
New York
$397M -$52.3M -577,470 -11%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$384M +$19.7M +216,894 +5%
CRC
18
Cedar Rock Capital
United Kingdom
$375M +$5.97M +65,913 +2%
ClearBridge Investments
19
ClearBridge Investments
New York
$370M -$27.3M -300,926 -7%
JHIU
20
Janus Henderson Investors US
Colorado
$356M +$4.85M +53,524 +1%
State Farm Mutual Automobile Insurance
21
State Farm Mutual Automobile Insurance
Illinois
$350M +$5.04M +55,670 +1%
Fundsmith LLP
22
Fundsmith LLP
United Kingdom
$341M +$48.3M +532,875 +16%
Harris Associates
23
Harris Associates
Illinois
$327M -$28.1M -309,670 -8%
Norges Bank
24
Norges Bank
Norway
$282M -$44.4M -489,497 -13%
1832 Asset Management
25
1832 Asset Management
Ontario, Canada
$234M -$21.4M -236,529 -8%

ADP Hedge Fund Activity: Q3 2016 in Review

1,109 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q3 2016, worth a combined $31B — down 4.8% from $32.6B a quarter earlier.

Sellers outnumbered buyers: 54 funds closed out of ADP and 53 opened new positions — a net loss of 1 holder — while 452 trimmed existing stakes and 405 added.

The largest buyer was Vanguard Group, adding an estimated $84.7M. The largest seller was D.E. Shaw & Co, cutting an estimated $104M.

  • 1,109 institutional investors held Automatic Data Processing (ADP) as of Q3 2016, down from 1,122 in Q2 2016.
  • Funds reported $31B of Automatic Data Processing stock for Q3 2016, down 4.8% quarter-over-quarter.
  • 53 funds opened new Automatic Data Processing positions in Q3 2016 and 54 closed out, a net change of -1 holder.
  • The largest Automatic Data Processing buyer in Q3 2016 was Vanguard Group, an estimated $84.7M added.
  • The largest Automatic Data Processing seller in Q3 2016 was D.E. Shaw & Co, an estimated $104M sold.

Based on aggregated 13F filings for Q3 2016.