Automatic Data Processing
ADP
1,210 hedge funds and large institutions have $36.4B invested in Automatic Data Processing in 2017 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 387 increasing their positions, 534 reducing their positions, and 64 closing their positions.
28% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 64
0.88% more ownership
Funds ownership: 78.32% → 79.2% (+0.88%)
1% more funds holding
Funds holding: 1,203 → 1,210 (+7)
0% more capital invested
Capital invested by funds: $36.3B → $36.4B (+$78M)
21% less funds holding in top 10
Funds holding in top 10: 78 → 62 (-16)
27% less call options, than puts
Call options by funds: $80M | Put options by funds: $110M
28% less repeat investments, than reductions
Existing positions increased: 387 | Existing positions reduced: 534
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$2.88B |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$178M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$146M |
| 4 |
JP Morgan Chase
New York
|
+$107M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$93.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$122M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$109M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$93.2M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$54.6M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$53.6M |
ADP Hedge Fund Activity: Q1 2017 in Review
1,210 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q1 2017, worth a combined $36.4B — up 0.21% from $36.3B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new ADP positions and 64 closed out — a net gain of 18 holders — while 387 added to existing stakes and 534 trimmed.
The largest buyer was BlackRock, adding an estimated $2.88B. The largest seller was Winslow Capital Management, cutting an estimated $122M.
- 1,210 institutional investors held Automatic Data Processing (ADP) as of Q1 2017, up from 1,203 in Q4 2016.
- Funds reported $36.4B of Automatic Data Processing stock for Q1 2017, up 0.21% quarter-over-quarter.
- 82 funds opened new Automatic Data Processing positions in Q1 2017 and 64 closed out, a net change of +18 holders.
- The largest Automatic Data Processing buyer in Q1 2017 was BlackRock, an estimated $2.88B added.
- The largest Automatic Data Processing seller in Q1 2017 was Winslow Capital Management, an estimated $122M sold.
Based on aggregated 13F filings for Q1 2017.