Automatic Data Processing
ADP
2,405 hedge funds and large institutions have $87.5B invested in Automatic Data Processing in 2025 Q4 according to their latest regulatory filings, with 250 funds opening new positions, 768 increasing their positions, 1,017 reducing their positions, and 188 closing their positions.
33% more first-time investments, than exits
New positions opened: 250 | Existing positions closed: 188
31% more call options, than puts
Call options by funds: $406M | Put options by funds: $309M
2.24% more ownership
Funds ownership: 81.92% → 84.16% (+2.2%)
1% more funds holding
Funds holding: 2,390 → 2,405 (+15)
10% less capital invested
Capital invested by funds: $97.4B → $87.5B (-$9.82B)
24% less repeat investments, than reductions
Existing positions increased: 768 | Existing positions reduced: 1,017
28% less funds holding in top 10
Funds holding in top 10: 57 → 41 (-16)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$2.18B |
| 2 |
ClearBridge Investments
New York
|
+$257M |
| 3 |
BNP Paribas Asset Management
Paris,
France
|
+$160M |
| 4 |
Millennium Management
New York
|
+$150M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$150M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$455M |
| 2 |
JP Morgan Chase
New York
|
-$255M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$234M |
| 4 |
Janus Henderson Group
London,
|
-$225M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$164M |
ADP Hedge Fund Activity: Q4 2025 in Review
2,405 of the 8,261 institutional investors tracked by Wall St. Rank reported a position in Automatic Data Processing (ADP) for Q4 2025, worth a combined $87.5B — down 10% from $97.4B a quarter earlier.
Buyers outnumbered sellers: 250 funds opened new ADP positions and 188 closed out — a net gain of 62 holders — while 768 added to existing stakes and 1,017 trimmed.
The largest buyer was Invesco, adding an estimated $2.18B. The largest seller was Morgan Stanley, cutting an estimated $455M.
- 2,405 institutional investors held Automatic Data Processing (ADP) as of Q4 2025, up from 2,390 in Q3 2025.
- Funds reported $87.5B of Automatic Data Processing stock for Q4 2025, down 10% quarter-over-quarter.
- 250 funds opened new Automatic Data Processing positions in Q4 2025 and 188 closed out, a net change of +62 holders.
- The largest Automatic Data Processing buyer in Q4 2025 was Invesco, an estimated $2.18B added.
- The largest Automatic Data Processing seller in Q4 2025 was Morgan Stanley, an estimated $455M sold.
Based on aggregated 13F filings for Q4 2025.