Automatic Data Processing Inc (ADP) Ownership

239.35 ↑0.63 (0.26%)

As of September 22, 2023, 3:59pm EST.

Institutions
Mutual Funds

Institutional Ownership

Vanguard Group Inc is the biggest individual institutional holder of Automatic Data Processing Inc (ADP), owning a total of 39.2 million shares. Combined, the top 23 institutional holders of ADP own 48.89% of the company with a total of 201.5 million shares.

In the latest ownership report on June 30th 2023, the top 23 institutional holders decreased their combined ownership of ADP by 8.2 million shares. 7 institutions bought 1,214,137 total additional shares and increased their ownership by an average of 2.35%. However 11 institutions sold 9,434,977 total shares and decreased their ownership by an average of 10.81%.

Overall this is a negative sign as the number of shares owned by the top 20 institutional holders of Automatic Data Processing decreased by a net total of -8,220,840 in the latest quarter.

Institution Ownership Chart

Latest Institutional Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Group Inc	9.508%	-3.994%	39,171,563	-1,629,713	2023-06-30
BlackRock Inc	8.223%	-1.180%	33,877,257	-404,429	2023-06-30
State Street Corporation	4.364%	1.820%	17,980,729	321,355	2023-06-30
Morgan Stanley - Brokerage Accounts	2.620%	0.282%	10,794,363	30,314	2023-06-30
Geode Capital Management, LLC	2.262%	3.297%	9,318,629	297,397	2023-06-30
Bank of New York Mellon Corp	2.233%	-2.135%	9,198,383	-200,645	2023-06-30
AllianceBernstein L.P.	2.096%	-2.376%	8,633,233	-210,116	2023-06-30
Charles Schwab Investment Management Inc	2.056%	4.493%	8,472,075	364,284	2023-06-30
Wells Fargo & Co	1.989%	0.239%	8,193,595	19,532	2023-06-30
Bank of America Corp	1.480%	-32.482%	6,096,874	-2,933,060	2023-06-30
Northern Trust Corp	1.363%	-2.797%	5,614,286	-161,568	2023-06-30
Fundsmith LLP	1.341%	-0.282%	5,526,368	-15,598	2023-06-30
Wellington Management Company LLP	1.254%	-0.331%	5,165,672	-17,167	2023-06-30
State Farm Mutual Automobile Ins Co	0.954%	0.000%	3,928,673	0	2023-06-30
UBS Asset Mgmt Americas Inc	0.741%	0.000%	3,051,061	0	2023-06-30
Legal & General Group PLC	0.738%	-0.154%	3,040,345	-4,675	2023-06-30
Ameriprise Financial Inc	0.734%	4.327%	3,022,629	125,376	2023-06-30
FMR Inc	0.733%	-49.642%	3,020,330	-2,977,348	2023-06-30
Capital Research Global Investors	0.700%	1.977%	2,882,110	55,879	2023-06-30
Amundi	0.693%	-23.566%	2,856,409	-880,658	2023-06-30

Top Institutions

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Group Inc	9.508%	-3.994%	39,171,563	-1,629,713	2023-06-30
BlackRock Inc	8.223%	-1.180%	33,877,257	-404,429	2023-06-30
State Street Corporation	4.364%	1.820%	17,980,729	321,355	2023-06-30
Morgan Stanley - Brokerage Accounts	2.620%	0.282%	10,794,363	30,314	2023-06-30
Geode Capital Management, LLC	2.262%	3.297%	9,318,629	297,397	2023-06-30
Bank of New York Mellon Corp	2.233%	-2.135%	9,198,383	-200,645	2023-06-30
AllianceBernstein L.P.	2.096%	-2.376%	8,633,233	-210,116	2023-06-30
Charles Schwab Investment Management Inc	2.056%	4.493%	8,472,075	364,284	2023-06-30
Wells Fargo & Co	1.989%	0.239%	8,193,595	19,532	2023-06-30
JPMorgan Chase & Co	1.559%	27.481%	6,439,821	1,388,221	2022-12-31
Bank of America Corp	1.480%	-32.482%	6,096,874	-2,933,060	2023-06-30
Northern Trust Corp	1.363%	-2.797%	5,614,286	-161,568	2023-06-30
Fundsmith LLP	1.341%	-0.282%	5,526,368	-15,598	2023-06-30
Wellington Management Company LLP	1.254%	-0.331%	5,165,672	-17,167	2023-06-30
State Farm Mutual Automobile Ins Co	0.954%	0.000%	3,928,673	0	2023-06-30
UBS Asset Mgmt Americas Inc	0.741%	0.000%	3,051,061	0	2023-06-30
Legal & General Group PLC	0.738%	-0.154%	3,040,345	-4,675	2023-06-30
Ameriprise Financial Inc	0.734%	4.327%	3,022,629	125,376	2023-06-30
FMR Inc	0.733%	-49.642%	3,020,330	-2,977,348	2023-06-30
Capital Research Global Investors	0.700%	1.977%	2,882,110	55,879	2023-06-30
Amundi	0.693%	-23.566%	2,856,409	-880,658	2023-06-30
Capital World Investors	0.628%	-23.517%	2,604,576	-800,853	2022-09-30
Ninety One UK Limited	0.623%	2.414%	2,585,871	60,956	2022-06-30

Mutual Fund Ownership

Vanguard Total Stock Mkt Idx Inv is the biggest individual fund holder of Automatic Data Processing Inc (ADP), owning a total of 12.9 million shares. Combined, the top 24 mutual fund holders of ADP own 24.80% of the company with a total of 102.2 million shares.

In the latest ownership report on August 31st 2023, the top 24 fund holders increased their combined ownership of ADP by 134 thousand shares. 10 funds bought 180,356 total additional shares and increased their ownership by an average of 0.41%. However 3 funds sold 46,581 total shares and decreased their ownership by an average of 0.63%.

Overall this is a positive sign as the number of shares owned by the top 20 mutual funds holding Automatic Data Processing increased by a net total of 133,775 in the latest report.

Mutual Funds Chart

Latest Mutual Fund Ownership Changes

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Total Stock Mkt Idx Inv	3.123%	0.064%	12,865,846	8,177	2023-08-31
Vanguard 500 Index Investor	2.415%	0.571%	9,950,294	56,489	2023-08-31
Invesco QQQ Trust	1.689%	0.444%	6,957,867	30,720	2023-08-31
Schwab US Dividend Equity ETF™	1.580%	0.075%	6,509,360	4,890	2023-08-31
SPDR® S&P 500 ETF Trust	1.107%	0.641%	4,560,045	29,028	2023-08-31
iShares Core S&P 500 ETF	0.938%	-0.218%	3,864,020	-8,456	2023-08-31
Vanguard Growth Index Investor	0.854%	0.415%	3,518,551	14,531	2023-08-31
Vanguard Institutional Index I	0.678%	-0.506%	2,792,465	-14,189	2023-08-31
Vanguard Dividend Appreciation ETF	0.568%	0.257%	2,341,714	5,995	2023-08-31
iShares MSCI USA Quality Factor ETF	0.530%	0.064%	2,183,084	1,404	2023-08-31
Industrial Select Sector SPDR® ETF	0.486%	-1.181%	2,003,682	-23,936	2023-08-31
State St S&P 500® Indx SL Cl III	0.478%	0.501%	1,967,438	9,800	2023-08-31
Vanguard High Dividend Yield ETF	0.457%	1.037%	1,881,915	19,322	2023-08-31

Top Mutual Funds

Owner	Percent Owned	Percent Change	Shares Owned	Share Change	Date Reported
Vanguard Total Stock Mkt Idx Inv	3.123%	0.064%	12,865,846	8,177	2023-08-31
Vanguard Instl Ttl Stck Mkt Idx Tr	3.114%	1.686%	12,830,763	212,764	2023-03-31
Vanguard 500 Index Investor	2.415%	0.571%	9,950,294	56,489	2023-08-31
Invesco QQQ Trust	1.689%	0.444%	6,957,867	30,720	2023-08-31
Schwab US Dividend Equity ETF™	1.580%	0.075%	6,509,360	4,890	2023-08-31
Fundsmith Equity I Acc	1.190%	0.000%	4,900,924	0	2023-03-31
Fidelity® 500 Index	1.140%	0.646%	4,695,170	30,119	2023-07-31
SPDR® S&P 500 ETF Trust	1.107%	0.641%	4,560,045	29,028	2023-08-31
Vanguard Dividend Growth Inv	0.958%	-4.708%	3,948,604	-195,101	2023-06-30
iShares Core S&P 500 ETF	0.938%	-0.218%	3,864,020	-8,456	2023-08-31
Vanguard Growth Index Investor	0.854%	0.415%	3,518,551	14,531	2023-08-31
Vanguard Institutional Index I	0.678%	-0.506%	2,792,465	-14,189	2023-08-31
Vanguard Dividend Appreciation ETF	0.568%	0.257%	2,341,714	5,995	2023-08-31
Morgan Stanley Glbl Franchise	0.568%	-0.928%	2,338,067	-21,892	2023-06-30
MS INVF Global Brands A USD	0.568%	-1.774%	2,338,067	-42,224	2023-06-30
JPMorgan Large Cap Growth I	0.543%	14.989%	2,250,884	293,404	2022-12-31
iShares MSCI USA Quality Factor ETF	0.530%	0.064%	2,183,084	1,404	2023-08-31
Columbia Dividend Value	0.485%	0.000%	2,010,471	0	2022-03-31
Industrial Select Sector SPDR® ETF	0.486%	-1.181%	2,003,682	-23,936	2023-08-31
State St S&P 500® Indx SL Cl III	0.478%	0.501%	1,967,438	9,800	2023-08-31
Vanguard Information Technology ETF	0.476%	-1.325%	1,964,785	-26,378	2023-04-30
Vanguard High Dividend Yield ETF	0.457%	1.037%	1,881,915	19,322	2023-08-31
Technology Select Sector SPDR® ETF	0.450%	-0.154%	1,863,747	-2,871	2023-02-28
Fidelity® Magellan®	0.404%	-3.695%	1,662,881	-63,800	2023-07-31