Automatic Data Processing
ADP
1,709 hedge funds and large institutions have $60.2B invested in Automatic Data Processing in 2020 Q4 according to their latest regulatory filings, with 233 funds opening new positions, 549 increasing their positions, 638 reducing their positions, and 70 closing their positions.
233% more first-time investments, than exits
New positions opened: 233 | Existing positions closed: 70
78% more funds holding in top 10
Funds holding in top 10: 37 → 66 (+29)
12% more call options, than puts
Call options by funds: $251M | Put options by funds: $225M
9% more funds holding
Funds holding: 1,565 → 1,709 (+144)
1.14% less ownership
Funds ownership: 80.87% → 79.72% (-1.1%)
14% less repeat investments, than reductions
Existing positions increased: 549 | Existing positions reduced: 638
23% less capital inflows, than outflows
Capital inflows: $2.83B | Capital outflows: $3.7B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$687M |
| 2 |
Amundi Asset Management US
Boston,
Massachusetts
|
+$155M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$155M |
| 4 |
American International Group
New York
|
+$146M |
| 5 |
CIBC World Markets
New York
|
+$71.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$251M |
| 2 |
D.E. Shaw & Co
New York
|
-$235M |
| 3 |
JP Morgan Chase
New York
|
-$231M |
| 4 |
Renaissance Technologies
New York
|
-$179M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$165M |
ADP Hedge Fund Activity: Q4 2020 in Review
1,709 of the 5,678 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q4 2020, worth a combined $60.2B — up 24% from $48.5B a quarter earlier.
Buyers outnumbered sellers: 233 funds opened new ADP positions and 70 closed out — a net gain of 163 holders — while 549 added to existing stakes and 638 trimmed.
The largest buyer was Capital World Investors, adding an estimated $687M. The largest seller was Ameriprise, cutting an estimated $251M.
- 1,709 institutional investors held Automatic Data Processing (ADP) as of Q4 2020, up from 1,565 in Q3 2020.
- Funds reported $60.2B of Automatic Data Processing stock for Q4 2020, up 24% quarter-over-quarter.
- 233 funds opened new Automatic Data Processing positions in Q4 2020 and 70 closed out, a net change of +163 holders.
- The largest Automatic Data Processing buyer in Q4 2020 was Capital World Investors, an estimated $687M added.
- The largest Automatic Data Processing seller in Q4 2020 was Ameriprise, an estimated $251M sold.
Based on aggregated 13F filings for Q4 2020.