Automatic Data Processing Inc (ADP) — Hedge Fund Ownership Q1 2026
ADP
- Automatic Data Processing Inc (ADP) is held by 6 of 84 tracked hedge funds, with Fundsmith (6%) and Giverny Capital (3%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- New position in ADP stock was initiated by Giverny Capital (3%).
- The biggest increases in ADP holdings came from Mairs & Power (+12%), highlighting conviction.
- The biggest decreases in ADP holdings came from Jensen Investment Management (-83%) and Fundsmith (-8%), suggesting profit-taking or de-risking.
- 1 hedge fund exited ADP.
- Overall, hedge funds decreased exposure to Automatic Data Processing Inc (ADP) by -17% vs the prior quarter and -33% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Fundsmith
|
6.11% | 3.9M | -7.73% | -14.59% | $783.3M | $203.18 | — |
| 2 |
Giverny Capital Francois Rochon
|
3.12% | 419K | NEW | — | $85.2M | $203.18 | — |
| 3 |
First Eagle Investment Management
|
0.98% | 2.8M | NEW | — | $579.0M | $203.18 | — |
| 4 |
Jensen Investment Management
|
0.42% | 105K | -83.45% | -91.83% | $21.3M | $203.18 | — |
| 5 |
Mairs & Power
|
0.26% | 124K | +12.33% | +15.05% | $25.3M | $203.18 | — |
| 6 |
Matrix Asset Advisors David Katz
|
0.25% | 14K | NEW | — | $2.8M | $203.18 | — |
| — |
Polen Capital Management
|
— | — | EXITED | — | — | — | — |
| 6 | Total | — | 7.4M | -17.06% | -32.73% | $1.50B | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.