Who owns Automatic Data Processing (ADP)
Which tracked institutional funds hold ADP, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ADP company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
714 tracked funds added or opened ADP while 325 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
ADP’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes ADP more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in ADP divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 2165 tracked filers holding ADP, 1029 increased or opened the position and 1131 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in ADP between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 57
- Nykredit A/S$40M
- Evelyn Partners Group Ltd$23M
- NewEdge Advisors, LLC$21M
- SCHWARTZ INVESTMENT COUNSEL INC$17M
- Blue Sparrow, LLC /DE$14M
- TRUST CO OF VERMONT$12M
Full exits 163
- Amundi$616M
- D. E. Shaw & Co., Inc.$241M
- Qube Research & Technologies Ltd$133M
- SG Americas Securities, LLC$129M
- KBC Group NV$108M
- DekaBank Deutsche Girozentrale$101M
Largest adds
- BlackRock, Inc.$1.3B
- Invesco Ltd.$1.3B
- STATE STREET CORP$641M
- First Eagle Investment Management, LLC$580M
- MORGAN STANLEY$573M
- VANGUARD CAPITAL MANAGEMENT LLC$531M
Largest trims
- BARCLAYS PLC$291M
- ALLIANCEBERNSTEIN L.P.$259M
- VOLORIDGE INVESTMENT MANAGEMENT, LLC$201M
- Fundsmith LLP$201M
- NORDEA INVESTMENT MANAGEMENT AB$152M
- RENAISSANCE TECHNOLOGIES LLC$107M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 36,156,415 | $8.1B | 12.3% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 26,095,828 | $5.8B | 8.9% | 2026-Q2 |
| STATE STREET CORP added | 20,389,160 | $4.6B | 7.0% | 2026-Q2 |
| Invesco Ltd. added | 13,562,578 | $3.0B | 4.6% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 12,729,777 | $2.9B | 4.3% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 11,955,019 | $2.7B | 4.1% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 10,541,337 | $2.4B | 3.6% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 10,029,229 | $2.2B | 3.4% | 2026-Q2 |
| MORGAN STANLEY added | 8,361,515 | $1.9B | 2.8% | 2026-Q2 |
| Capital Research Global Investors trimmed | 8,277,905 | $1.9B | 2.8% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 7,193,141 | $1.6B | 2.4% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 5,810,618 | $1.3B | 2.0% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 5,497,545 | $1.2B | 1.9% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 5,211,149 | $1.2B | 1.8% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. added | 5,183,777 | $1.1B | 1.6% | 2026-Q2 |
| First Eagle Investment Management, LLC added | 5,173,929 | $1.2B | 1.8% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 4,442,676 | $995M | 1.5% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 4,251,447 | $952M | 1.4% | 2026-Q2 |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 3,657,287 | $819M | 1.2% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 3,239,620 | $726M | 1.1% | 2026-Q2 |
| FIRST TRUST ADVISORS LP added | 3,002,029 | $672M | 1.0% | 2026-Q2 |
| NORGES BANK added | 2,920,189 | $654M | 1.0% | 2026-Q2 |
| Ninety One UK Ltd added | 2,730,521 | $612M | 0.9% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 2,677,381 | $600M | 0.9% | 2026-Q2 |
| Fundsmith LLP trimmed | 2,601,567 | $583M | 0.9% | 2026-Q2 |
| UBS Group AG trimmed | 2,574,507 | $577M | 0.9% | 2026-Q2 |
| Legal & General Group Plc trimmed | 2,511,388 | $562M | 0.9% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 2,402,866 | $538M | 0.8% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 2,383,011 | $534M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 2,263,741 | $507M | 0.8% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,222,742 | $500M | 0.8% | 2026-Q2 |
| Clearbridge Investments, LLC trimmed | 2,159,968 | $484M | 0.7% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 1,949,694 | $437M | 0.7% | 2026-Q2 |
| MARSHALL WACE, LLP added | 1,771,511 | $397M | 0.6% | 2026-Q2 |
| Nuveen, LLC trimmed | 1,592,056 | $357M | 0.5% | 2026-Q2 |
| CIBC Bancorp USA Inc. trimmed | 1,463,227 | $328M | 0.5% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,434,586 | $321M | 0.5% | 2026-Q2 |
| FEDERATED HERMES, INC. added | 1,415,748 | $317M | 0.5% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,390,946 | $312M | 0.5% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 1,384,176 | $310M | 0.5% | 2026-Q2 |
| Fayez Sarofim & Co trimmed | 1,314,544 | $294M | 0.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 1,271,429 | $285M | 0.4% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 1,234,515 | $276M | 0.4% | 2026-Q2 |
| ProShare Advisors LLC added | 1,227,249 | $275M | 0.4% | 2026-Q2 |
| FMR LLC added | 1,204,869 | $270M | 0.4% | 2026-Q2 |
| BLS Capital Fondsmaeglerselskab A/S trimmed | 1,143,474 | $256M | 0.4% | 2026-Q2 |
| Swiss National Bank trimmed | 1,135,720 | $254M | 0.4% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 1,134,513 | $254M | 0.4% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 1,107,309 | $248M | 0.4% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 1,090,876 | $244M | 0.4% | 2026-Q2 |
| National Pension Service added | 1,031,288 | $231M | 0.4% | 2026-Q2 |
| HSBC HOLDINGS PLC trimmed | 978,008 | $219M | 0.3% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. added | 970,231 | $217M | 0.3% | 2026-Q2 |
| Robeco Institutional Asset Management B.V. added | 926,639 | $208M | 0.3% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 905,477 | $203M | 0.3% | 2026-Q2 |
| BARCLAYS PLC trimmed | 897,234 | $201M | 0.3% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 874,797 | $196M | 0.3% | 2026-Q2 |
| AVIVA PLC trimmed | 850,945 | $191M | 0.3% | 2026-Q2 |
| FUNDSMITH INVESTMENT SERVICES LTD. trimmed | 823,664 | $184M | 0.3% | 2026-Q2 |
| LPL Financial LLC added | 810,178 | $181M | 0.3% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 796,251 | $178M | 0.3% | 2026-Q2 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 794,831 | $178M | 0.3% | 2026-Q2 |
| CITIGROUP INC added | 787,660 | $176M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 752,498 | $169M | 0.3% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 720,106 | $161M | 0.2% | 2026-Q2 |
| CAPITAL COUNSEL LLC/NY added | 719,563 | $161M | 0.2% | 2026-Q2 |
| Bahl & Gaynor LLC trimmed | 705,312 | $158M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 693,383 | $155M | 0.2% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 681,875 | $153M | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 660,452 | $148M | 0.2% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 655,568 | $147M | 0.2% | 2026-Q2 |
| Giverny Capital Inc. added | 654,556 | $147M | 0.2% | 2026-Q2 |
| Local Pensions Partnership Investment Ltd trimmed | 650,416 | $146M | 0.2% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 629,479 | $141M | 0.2% | 2026-Q2 |
| Mirae Asset Global Investments Co., Ltd. added | 622,464 | $139M | 0.2% | 2026-Q2 |
| Navera Investment Management Ltd. trimmed | 603,879 | $135M | 0.2% | 2026-Q2 |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA trimmed | 601,164 | $135M | 0.2% | 2026-Q2 |
| TD Asset Management Inc trimmed | 596,868 | $134M | 0.2% | 2026-Q2 |
| Jefferies Financial Group Inc. added | 577,749 | $129M | 0.2% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 571,227 | $128M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 548,565 | $123M | 0.2% | 2026-Q2 |
| Williams Jones Wealth Management, LLC. trimmed | 525,325 | $118M | 0.2% | 2026-Q2 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 502,283 | $112M | 0.2% | 2026-Q2 |
| Vest Financial, LLC added | 499,747 | $112M | 0.2% | 2026-Q2 |
| Quantinno Capital Management LP added | 496,517 | $111M | 0.2% | 2026-Q2 |
| WORLDQUANT MILLENNIUM ADVISORS LLC trimmed | 488,788 | $109M | 0.2% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP trimmed | 485,718 | $109M | 0.2% | 2026-Q2 |
| Universal- Beteiligungs- und Servicegesellschaft mbH trimmed | 477,612 | $107M | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 472,340 | $106M | 0.2% | 2026-Q2 |
| US BANCORP \DE\ trimmed | 463,169 | $104M | 0.2% | 2026-Q2 |
| Baird Financial Group, Inc. trimmed | 462,686 | $104M | 0.2% | 2026-Q2 |
| Swiss Life Asset Management Ltd added | 442,093 | $99M | 0.2% | 2026-Q2 |
| PFA Pension, Forsikringsaktieselskab trimmed | 437,471 | $98M | 0.1% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND trimmed | 428,431 | $96M | 0.1% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 414,377 | $93M | 0.1% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT CO LTD added | 408,652 | $92M | 0.1% | 2026-Q2 |
| Boston Trust Walden Corp trimmed | 401,279 | $90M | 0.1% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 399,292 | $89M | 0.1% | 2026-Q2 |
| Bank Julius Baer & Co. Ltd, Zurich trimmed | 394,545 | $89M | 0.1% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 379,644 | $85M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.