Automatic Data Processing
ADP
1,111 hedge funds and large institutions have $31.2B invested in Automatic Data Processing in 2016 Q3 according to their latest regulatory filings, with 53 funds opening new positions, 406 increasing their positions, 451 reducing their positions, and 54 closing their positions.
0.25% less ownership
Funds ownership: 55.7% → 55.45% (-0.25%)
2% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 54
4% less capital invested
Capital invested by funds: $32.6B → $31.2B (-$1.39B)
10% less repeat investments, than reductions
Existing positions increased: 406 | Existing positions reduced: 451
1% less funds holding
Funds holding: 1,124 → 1,111 (-13)
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: 57 → 47 (-10)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$84.7M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$52.4M |
| 3 |
State Street
Boston,
Massachusetts
|
+$51.4M |
| 4 |
Morgan Stanley
New York
|
+$50.9M |
| 5 |
Fundsmith LLP
London,
United Kingdom
|
+$48.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
-$104M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$86.7M |
| 3 |
DCP
DSM Capital Partners
Palm Beach Gardens,
Florida
|
-$80.9M |
| 4 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
-$78.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$70.1M |
ADP Hedge Fund Activity: Q3 2016 in Review
1,111 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q3 2016, worth a combined $31.2B — down 4.3% 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 451 trimmed existing stakes and 406 added.
The largest buyer was Vanguard Group, adding an estimated $84.7M. The largest seller was D.E. Shaw & Co, cutting an estimated $104M.
- 1,111 institutional investors held Automatic Data Processing (ADP) as of Q3 2016, down from 1,124 in Q2 2016.
- Funds reported $31.2B of Automatic Data Processing stock for Q3 2016, down 4.3% 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.