Automatic Data Processing
ADP
1,968 hedge funds and large institutions have $75.3B invested in Automatic Data Processing in 2022 Q3 according to their latest regulatory filings, with 133 funds opening new positions, 642 increasing their positions, 807 reducing their positions, and 79 closing their positions.
68% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 79
31% more funds holding in top 10
Funds holding in top 10: 86 → 113 (+27)
9% more capital invested
Capital invested by funds: $69.3B → $75.3B (+$6.01B)
1% more funds holding
Funds holding: 1,939 → 1,968 (+29)
1.35% more ownership
Funds ownership: 78.91% → 80.26% (+1.3%)
20% less repeat investments, than reductions
Existing positions increased: 642 | Existing positions reduced: 807
25% less call options, than puts
Call options by funds: $529M | Put options by funds: $706M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$320M |
| 2 |
JP Morgan Chase
New York
|
+$267M |
| 3 |
Mitsubishi UFJ Asset Management
Tokyo,
Japan
|
+$228M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$192M |
| 5 |
Renaissance Technologies
New York
|
+$154M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$280M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$189M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$139M |
| 4 |
CP
Coho Partners
Berwyn,
Pennsylvania
|
-$137M |
| 5 |
Bank of New York Mellon
New York
|
-$132M |
ADP Hedge Fund Activity: Q3 2022 in Review
1,968 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q3 2022, worth a combined $75.3B — up 8.7% from $69.3B a quarter earlier.
Buyers outnumbered sellers: 133 funds opened new ADP positions and 79 closed out — a net gain of 54 holders — while 642 added to existing stakes and 807 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $320M. The largest seller was Bank of America, cutting an estimated $280M.
- 1,968 institutional investors held Automatic Data Processing (ADP) as of Q3 2022, up from 1,939 in Q2 2022.
- Funds reported $75.3B of Automatic Data Processing stock for Q3 2022, up 8.7% quarter-over-quarter.
- 133 funds opened new Automatic Data Processing positions in Q3 2022 and 79 closed out, a net change of +54 holders.
- The largest Automatic Data Processing buyer in Q3 2022 was Arrowstreet Capital, an estimated $320M added.
- The largest Automatic Data Processing seller in Q3 2022 was Bank of America, an estimated $280M sold.
Based on aggregated 13F filings for Q3 2022.