Automatic Data Processing
ADP
2,420 hedge funds and large institutions have $96.8B invested in Automatic Data Processing in 2024 Q4 according to their latest regulatory filings, with 308 funds opening new positions, 790 increasing their positions, 888 reducing their positions, and 80 closing their positions.
285% more first-time investments, than exits
New positions opened: 308 | Existing positions closed: 80
25% more capital inflows, than outflows
Capital inflows: $5.49B | Capital outflows: $4.4B
24% more call options, than puts
Call options by funds: $681M | Put options by funds: $550M
18% more funds holding in top 10
Funds holding in top 10: 71 → 84 (+13)
8% more funds holding
Funds holding: 2,238 → 2,420 (+182)
0.59% more ownership
Funds ownership: 80.59% → 81.18% (+0.59%)
11% less repeat investments, than reductions
Existing positions increased: 790 | Existing positions reduced: 888
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$401M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$384M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$352M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$267M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$162M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Veritas Asset Management
London,
United Kingdom
|
-$390M |
| 2 |
Goldman Sachs
New York
|
-$267M |
| 3 |
Barclays
London,
United Kingdom
|
-$177M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$177M |
| 5 |
GuardCap Asset Management
London,
United Kingdom
|
-$169M |
ADP Hedge Fund Activity: Q4 2024 in Review
2,420 of the 7,617 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q4 2024, worth a combined $96.8B — up 6.4% from $91B a quarter earlier.
Buyers outnumbered sellers: 308 funds opened new ADP positions and 80 closed out — a net gain of 228 holders — while 790 added to existing stakes and 888 trimmed.
The largest buyer was Winslow Capital Management, opening a new position worth an estimated $401M. The largest seller was Veritas Asset Management, cutting an estimated $390M.
- 2,420 institutional investors held Automatic Data Processing (ADP) as of Q4 2024, up from 2,238 in Q3 2024.
- Funds reported $96.8B of Automatic Data Processing stock for Q4 2024, up 6.4% quarter-over-quarter.
- 308 funds opened new Automatic Data Processing positions in Q4 2024 and 80 closed out, a net change of +228 holders.
- The largest Automatic Data Processing buyer in Q4 2024 was Winslow Capital Management, an estimated $401M added.
- The largest Automatic Data Processing seller in Q4 2024 was Veritas Asset Management, an estimated $390M sold.
Based on aggregated 13F filings for Q4 2024.