ADP
Automatic Data Processing, Inc. · Technology · Software - Application
Momentum inputs (comparable managers):
holder breadth -5.0% ·
share flow +1.0% ·
net new positions -5.3%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 163 | -7 | 276.80M | $61.93B | +2 | −11 |
| Q1 2026 | 175 | 0 | 276.19M | $56.43B | +6 | −7 |
| Q4 2025 | 174 | 0 | 282.73M | $72.75B | +2 | −1 |
| Q3 2025 | 22 | +1 | 141.72M | $41.62B | +2 | −2 |
| Q2 2025 | 19 | -1 | 119.11M | $36.76B | — | −1 |
| Q1 2025 | 17 | -1 | 39.71M | $12.16B | — | −1 |
| Q4 2024 | 18 | +1 | 41.16M | $12.08B | +1 | — |
| Q3 2024 | 16 | -2 | 22.31M | $6.17B | — | −2 |
| Q2 2024 | 18 | — | 21.72M | $5.18B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 41.30M | — | $12.74B | 0.2% | n/c | 1 | SEC ↗ ×6 |
| 2 | BlackRock ✦ (passive) | 35.54M | — | $10.96B | 0.2% | n/c | 1 | SEC ↗ ×22 |
| 3 | State Street Global Advisors ✦ (passive) | 18.78M | +1.0% | $5.82B | 0.2% | ▲ Add | 3 | SEC ↗ |
| 4 | Geode Capital Management ✦ (passive) | 11.39M | +3.1% | $3.51B | 0.2% | ▲ Add | 5 | SEC ↗ ×2 |
| 5 | Wellington Management ✦ | 4.62M | -0.8% | $1.43B | 0.3% | ▼ Trim | 5 | SEC ↗ ×7 |
| 6 | Norges Bank ✦ (passive) | 2.26M | +37.2% | $696.84M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 7 | T. Rowe Price ✦ | 1.46M | +10.1% | $449.90M | 0.1% | ▲ Add | 5 | SEC ↗ ×2 |
| 8 | Fidelity (FMR) ✦ | 1.35M | — | $416.45M | 0.0% | n/c | 1 | SEC ↗ ×5 |
| 9 | Marshall Wace ✦ | 498.33K | +130.4% | $153.69M | 0.2% | ▲ Add | 5 | SEC ↗ ×2 |
| 10 | AQR Capital Management ✦ | 461.69K | -3.3% | $140.84M | 0.1% | ▼ Trim | 5 | SEC ↗ ×6 |
| 11 | Citadel Advisors ✦ | 451.18K | -25.3% | $139.14M | 0.1% | ▼ Trim | 5 | SEC ↗ ×2 |
| 12 | Adage Capital Partners ✦ | 396.78K | -5.8% | $122.37M | 0.2% | ▼ Trim | 5 | SEC ↗ |
| 13 | Arrowstreet Capital ✦ | 290.59K | +49.4% | $89.62M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 14 | D. E. Shaw & Co. ✦ | 179.68K | +5.9% | $55.41M | 0.1% | ▲ Add | 5 | SEC ↗ ×2 |
| 15 | Gotham Asset Management ✦ | 107.62K | +21.8% | $33.19M | 0.2% | ▲ Add | 5 | SEC ↗ |
| 16 | Two Sigma Investments ✦ | 10.30K | -88.4% | $3.18M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 17 | Fisher Asset Management ✦ | 5.48K | +42.8% | $1.69M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 18 | Millennium Management ✦ | 4.73K | -94.8% | $1.46M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 19 | Harris Associates (Oakmark) ✦ | 1.60K | +18.4% | $494,982 | 0.0% | ▲ Add | 5 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| Point72 Asset Management | $25.21M | was 0.1% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 2,247 holders, 337.36M shares, $67.27B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 631 sh · $178,491
Officer · 1.02K sh · $286,668
Officer · 214 sh · $59,751
Officer · 256 sh · $71,538
Officer · 559 sh · $156,483
Officer · 610 sh · $171,936
Officer · 700 sh · $195,012
Officer · 760 sh · $214,089
Officer · 786 sh · $220,291
Officer · 1.02K sh · $285,646
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology