AUTOMATIC DATA PROCESSING IN ADP
COM · Common Stock · CUSIP 053015103 · ISIN US0530151036
American human resources management software company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($774.5m this quarter). Holder counts are more reliable. Shares outstanding: 397.3m as of 2026-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $223.66. Options: 37 managers hold calls ($592.0m notional), 31 hold puts ($637.2m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,969 |
| Q4 2022 | 2,057 |
| Q1 2023 | 1,970 |
| Q2 2023 | 1,985 |
| Q3 2023 | 2,027 |
| Q4 2023 | 2,125 |
| Q1 2024 | 2,163 |
| Q2 2024 | 2,170 |
| Q3 2024 | 2,236 |
| Q4 2024 | 2,418 |
| Q1 2025 | 2,464 |
| Q2 2025 | 2,469 |
| Q3 2025 | 2,394 |
| Q4 2025 | 2,406 |
| Q1 2026 | 2,281 |
| Q2 2026 | 2,282 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 941 | 968 |
| Q4 2024 | 909 | 966 |
| Q1 2025 | 1,001 | 1,087 |
| Q2 2025 | 1,007 | 1,106 |
| Q3 2025 | 936 | 1,125 |
| Q4 2025 | 877 | 1,211 |
| Q1 2026 | 894 | 1,302 |
| Q2 2026 | 1,052 | 1,036 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $504.0m | $415.1m | 0.82 |
| Q4 2025 | $406.5m | $244.0m | 0.60 |
| Q1 2026 | $365.4m | $340.5m | 0.93 |
| Q2 2026 | $592.0m | $637.2m | 1.08 |
Biggest buyers
| First Eagle Investment Management, LLC | Added | +7.5m |
| MORGAN STANLEY | Added | +2.0m |
| FEDERATED HERMES, INC. | Added | +1.3m |
| MARSHALL WACE, LLP | Added | +1.3m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +1.2m |
| STATE STREET CORP | Added | +1.1m |
| Invesco Ltd. | Added | +902.2k |
| GOLDMAN SACHS GROUP INC | Added | +848.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +663.9k |
| AQR CAPITAL MANAGEMENT LLC | Added | +662.3k |
Biggest sellers
| BARCLAYS PLC | Reduced | -1.5m |
| Fundsmith LLP | Reduced | -1.3m |
| D. E. Shaw & Co., Inc. | Sold out | -1.2m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Reduced | -1.0m |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -784.4k |
| Qube Research & Technologies Ltd | Sold out | -653.1k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -562.1k |
| WORLDQUANT MILLENNIUM ADVISORS LLC | Reduced | -546.4k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -539.9k |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Reduced | -510.7k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $201.4m899.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $102.6m458.0k shares |
| CITADEL ADVISORS LLC | Reduced | $68.0m303.5k shares |
| NATIONAL BANK OF CANADA /FI/ | New | $53.7m2.4k shares |
| IMC-Chicago, LLC | Added | $38.9m173.9k shares |
| ROYAL BANK OF CANADA | New | $33.6m150.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $19.3m86.0k shares |
| Oribel Capital Management, LP | Added | $10.5m46.9k shares |
| UBS Group AG | Reduced | $8.4m37.7k shares |
| Squarepoint Ops LLC | Reduced | $8.0m35.9k shares |
Biggest puts
| JANE STREET GROUP, LLC | Added | $275.4m1.2m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $139.0m620.7k shares |
| CITADEL ADVISORS LLC | Added | $49.4m220.6k shares |
| GOLDMAN SACHS GROUP INC | Added | $48.1m215.0k shares |
| IMC-Chicago, LLC | Added | $28.1m125.3k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $25.3m113.1k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Reduced | $8.1m36.2k shares |
| JPMORGAN CHASE & CO | Unchanged | $6.7m29.9k shares |
| GROUP ONE TRADING LLC | Added | $6.7m29.7k shares |
| Allianz Asset Management GmbH | Added | $6.5m29.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| STATE STREET CORP 13G · institution new · filed 2026-08-07 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $11.7m | $11.7m |
| Q1 2025 | 0 | — | 11 | $21.9m | $21.9m |
| Q2 2025 | 0 | — | 3 | $1.2m | $1.2m |
| Q3 2025 | 0 | — | 8 | $43.7m | $43.7m |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 5 | $1.3m | $1.3m |
| Q2 2026 | 1 | $745.7k | 2 | $286.2k | $286.2k |
| Q3 2026 | 0 | — | 6 | $12.3m | $12.3m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-03 | DeSilva Joseph Executive VP | Sold plan | $178.5k631 shares |
| 2026-09-02 | Black Maria President & CEO | Sold plan | $8.4m29.8k shares |
| 2026-09-02 | DeSilva Joseph Executive VP | Sold plan | $1.8m6.5k shares |
| 2026-09-02 | D'Ambrosio Christopher Corp. VP | Sold plan | $529.8k1.9k shares |
| 2026-09-02 | Foskett David Corp. VP | Sold plan | $432.7k1.5k shares |
| 2026-08-21 | Michaud Brian L. Executive VP | Sold plan | $33.6k120 shares |
| 2026-08-20 | Kwon David Corp VP | Sold plan | $223.4k798 shares |
| 2026-07-30 | Kwon David Corp VP | Sold plan | $641.2k2.4k shares |
| 2026-05-08 | Michaud Brian L. Executive VP | Sold plan | $179.9k848 shares |
| 2026-05-07 | SWAN ROBERT HOLMES Director | Bought plan | $745.7k3.6k shares |
| 2026-04-14 | D'Ambrosio Christopher Corp. VP | Sold plan | $106.3k543 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.12% of their portfolio | 36.2m $8.1bn | Added +657.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 26.1m $5.8bn | Reduced -54.9k |
| STATE STREET CORP 0.14% of their portfolio | 20.4m $4.6bn | Added +1.1m |
| Invesco Ltd. 0.24% of their portfolio | 13.6m $3.0bn | Added +902.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.38% of their portfolio | 12.7m $2.9bn | Added +1.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.14% of their portfolio | 12.0m $2.7bn | Reduced -38.2k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.11% of their portfolio | 10.5m $2.4bn | Reduced -510.7k |
| First Eagle Investment Management, LLC 1.92% of their portfolio | 10.3m $2.3bn | Added +7.5m |
| WELLINGTON MANAGEMENT GROUP LLP 0.39% of their portfolio | 10.0m $2.2bn | Reduced -75.2k |
| MORGAN STANLEY 0.10% of their portfolio | 8.4m $1.9bn | Added +2.0m |
| Capital Research Global Investors 0.26% of their portfolio | 8.3m $1.9bn | Reduced -278.2k |
| WELLS FARGO & COMPANY/MN 0.28% of their portfolio | 7.2m $1.6bn | Added +285.4k |
| NORTHERN TRUST CORP 0.15% of their portfolio | 5.8m $1.3bn | Reduced -190.1k |
| BANK OF AMERICA CORP /DE/ 0.08% of their portfolio | 5.5m $1.2bn | Added +238.7k |
| GOLDMAN SACHS GROUP INC 0.12% of their portfolio | 5.2m $1.2bn | Added +848.0k |
| ALLIANCEBERNSTEIN L.P. 0.35% of their portfolio | 5.2m $1.1bn | Added +82.0k |
| DEUTSCHE BANK AG\ 0.29% of their portfolio | 4.4m $994.9m | Added +368.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.17% of their portfolio | 4.3m $952.1m | Added +129.4k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 0.56% of their portfolio | 3.7m $819.0m | Unchanged |
| Bank of New York Mellon Corp 0.12% of their portfolio | 3.2m $725.5m | Reduced -4.7k |
| Amundi 0.17% of their portfolio | 3.1m $698.0m | Added +82.8k |
| FIRST TRUST ADVISORS LP 0.40% of their portfolio | 3.0m $672.3m | Added +504.2k |
| NORGES BANK 0.07% of their portfolio | 2.9m $654.0m | Not comparable |
| Ninety One UK Ltd 1.37% of their portfolio | 2.7m $611.5m | Added +366.7k |
| AMERIPRISE FINANCIAL INC 0.12% of their portfolio | 2.7m $599.9m | Reduced -161.3k |
| Fundsmith LLP 4.27% of their portfolio | 2.6m $582.6m | Reduced -1.3m |
| UBS Group AG 0.09% of their portfolio | 2.6m $576.6m | Reduced -397.3k |
| Legal & General Group Plc 0.12% of their portfolio | 2.5m $562.4m | Reduced -189.3k |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 2.4m $538.2m | Reduced -11.1k |
| ROYAL BANK OF CANADA 0.09% of their portfolio | 2.4m $533.7m | Reduced -98.4k |
| VANGUARD FIDUCIARY TRUST CO 0.11% of their portfolio | 2.3m $507.0m | Reduced -54.6k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 2.2m $500.1m | Added +55.0k |
| Clearbridge Investments, LLC 0.40% of their portfolio | 2.2m $483.7m | Reduced -239.0k |
| STIFEL FINANCIAL CORP 0.36% of their portfolio | 1.9m $436.7m | Added +116.8k |
| MARSHALL WACE, LLP 0.33% of their portfolio | 1.8m $396.7m | Added +1.3m |
| Nuveen, LLC 0.09% of their portfolio | 1.6m $356.5m | Reduced -66.0k |
| CIBC Bancorp USA Inc. 0.41% of their portfolio | 1.5m $328.0m | Reduced -263.3k |
| AQR CAPITAL MANAGEMENT LLC 0.11% of their portfolio | 1.4m $321.3m | Added +662.3k |
| FEDERATED HERMES, INC. 0.46% of their portfolio | 1.4m $317.1m | Added +1.3m |
| RAYMOND JAMES FINANCIAL INC 0.08% of their portfolio | 1.4m $311.5m | Added +191.0k |
| PNC Financial Services Group, Inc. 0.15% of their portfolio | 1.4m $310.0m | Added +16.6k |
| Fayez Sarofim & Co 0.69% of their portfolio | 1.3m $294.4m | Reduced -55.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio | 1.3m $284.7m | Added +65.6k |
| Pacer Advisors, Inc. 0.72% of their portfolio | 1.2m $277.7m | Added +51.5k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 1.2m $276.5m | Reduced -1.1k |
| ProShare Advisors LLC 0.40% of their portfolio | 1.2m $274.8m | Added +6.9k |
| FMR LLC 0.01% of their portfolio | 1.2m $269.8m | Added +171.6k |
| BLS Capital Fondsmaeglerselskab A/S 9.86% of their portfolio | 1.1m $256.1m | Reduced -34.9k |
| Swiss National Bank 0.13% of their portfolio | 1.1m $254.3m | Reduced -51.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.25% of their portfolio | 1.1m $254.1m | Reduced -321.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.14% of their portfolio | 1.1m $248.0m | Added +83.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.14% of their portfolio | 1.1m $244.3m | Reduced -211.4k |
| National Pension Service 0.15% of their portfolio | 1.0m $231.0m | Added +51.4k |
| HSBC HOLDINGS PLC 0.11% of their portfolio | 978.0k $219.0m | Reduced -46.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.12% of their portfolio | 970.2k $217.3m | Added +12.8k |
| Robeco Institutional Asset Management B.V. 0.25% of their portfolio | 926.6k $207.5m | Added +290.0k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.14% of their portfolio | 905.5k $202.8m | Added +89.9k |
| BARCLAYS PLC 0.06% of their portfolio | 897.2k $200.9m | Reduced -1.5m |
| Vanguard Global Advisers, LLC 0.09% of their portfolio | 874.8k $195.9m | Reduced -27.3k |
| AVIVA PLC 0.28% of their portfolio | 850.9k $190.6m | Reduced -13.4k |
| FUNDSMITH INVESTMENT SERVICES LTD. 4.08% of their portfolio | 823.7k $184.5m | Reduced -503.6k |
| LPL Financial LLC 0.04% of their portfolio | 810.2k $181.4m | Added +154.9k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 796.3k $178.3m | Added +4.8k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.25% of their portfolio | 794.8k $178.0m | Added +663.9k |
| CITIGROUP INC 0.08% of their portfolio | 787.7k $176.4m | Added +310.5k |
| RHUMBLINE ADVISERS 0.13% of their portfolio | 752.5k $168.5m | Reduced -28.5k |
| TWO SIGMA INVESTMENTS, LP 0.12% of their portfolio | 720.1k $161.3m | Reduced -562.1k |
| CAPITAL COUNSEL LLC/NY 6.30% of their portfolio | 719.6k $161.1m | Added +43.9k |
| Bahl & Gaynor LLC 0.73% of their portfolio | 705.3k $158.0m | Reduced -91.5k |
| California Public Employees Retirement System 0.09% of their portfolio | 693.4k $155.3m | Reduced -366.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.08% of their portfolio | 681.9k $152.7m | Added +55.4k |
| JANE STREET GROUP, LLC 0.09% of their portfolio | 660.5k $147.9m | Added +650.6k |
| BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio | 655.6k $146.8m | Added +56.1k |
| Giverny Capital Inc. 4.93% of their portfolio | 654.6k $146.6m | Added +235.5k |
| Local Pensions Partnership Investment Ltd 3.06% of their portfolio | 650.4k $145.6m | Reduced -70.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.13% of their portfolio | 629.5k $141.0m | Reduced -3.6k |
| Mirae Asset Global Investments Co., Ltd. 0.27% of their portfolio | 622.5k $139.4m | Added +79.2k |
| Navera Investment Management Ltd. 3.63% of their portfolio | 603.9k $135.2m | Reduced -73.0k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 1.31% of their portfolio | 601.2k $134.6m | Reduced -4.8k |
| TD Asset Management Inc 0.12% of their portfolio | 596.9k $133.7m | Reduced -50.1k |
| Jefferies Financial Group Inc. 1.19% of their portfolio | 577.7k $129.4m | Added +185.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.06% of their portfolio | 571.2k $127.9m | Added +283.5k |
| Russell Investments Group, Ltd. 0.11% of their portfolio | 548.6k $123.0m | Added +7.2k |
| Williams Jones Wealth Management, LLC. 1.33% of their portfolio | 525.3k $117.6m | Reduced -14.3k |
| KBC Group NV 0.25% of their portfolio | 514.1k $115.1m | Reduced -17.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.06% of their portfolio | 502.3k $112.5m | Reduced -16.7k |
| Vest Financial, LLC 1.18% of their portfolio | 499.7k $111.9m | Added +85.6k |
| Quantinno Capital Management LP 0.13% of their portfolio | 496.5k $111.2m | Added +146.7k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.38% of their portfolio | 488.8k $109.5m | Reduced -546.4k |
| MACKENZIE FINANCIAL CORP 0.11% of their portfolio | 485.7k $108.8m | Reduced -36.0k |
| DekaBank Deutsche Girozentrale 0.17% of their portfolio | 482.2k $98.7m | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.16% of their portfolio | 477.6k $107.1m | Reduced -22.0k |
| BI Asset Management Fondsmaeglerselskab A/S 0.85% of their portfolio | 476.2k $106.6m | Added +367.9k |
| FIFTH THIRD BANCORP 0.17% of their portfolio | 472.3k $105.8m | Reduced -56.2k |
| US BANCORP \DE\ 0.11% of their portfolio | 463.2k $103.7m | Reduced -36.5k |
| Baird Financial Group, Inc. 0.14% of their portfolio | 462.7k $103.6m | Reduced -10.5k |
| Swiss Life Asset Management Ltd 0.41% of their portfolio | 442.1k $99.0m | Added +5.9k |
| PFA Pension, Forsikringsaktieselskab 0.25% of their portfolio | 437.5k $98.0m | Reduced -62.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.12% of their portfolio | 428.4k $95.9m | Reduced -29.0k |
| NATIXIS ADVISORS, LLC 0.11% of their portfolio | 423.5k $94.9m | Added +122.4k |