Form 13-F position report

AUTOMATIC DATA PROCESSING

Reported by Summit Global Investments

Company profile Manager portfolio Source filing
ADP CUSIP 053015103 Manager CIK 0001697953
Latest reported change

Reported 42,720 shares, up 14,414 (50.9%) from the prior quarter.

Reported value 46.1%; share count 50.9% vs. the prior quarter.

Added
% of reported 13F value 0.65% This manager · Q4 2023
Shares 42,720 Quarter-end amount reported
Reported value $9,952,000 Fair value at quarter end
Consecutive quarters held 5 Through Q4 2023

Reported position value by quarter

Reported position value by quarter

Each bar is a Form 13-F quarter-end snapshot. It does not show trades made within the quarter.

Manager history

Quarterly position history

How this manager's reported quarter-end position changed over time.

16 quarters
Quarter Activity Shares Change % of reported 13F Reported value Filed
Q3 2026 Reduced 4,218 -2,294 (-35.2%) 0.05% $1,088,000 2026-10-28
Q2 2026 Reduced 6,512 -22,431 (-77.5%) 0.08% $1,458,000 2026-08-03
Q1 2026 Added 28,943 +1,298 (4.7%) 0.35% $5,881,000 2026-05-07
Q4 2025 Reduced 27,645 -12,793 (-31.6%) 0.42% $7,111,000 2026-02-18
Q3 2025 Added 40,438 +2,114 (5.5%) 0.69% $11,869,000 2025-11-03
Q2 2025 Reduced 38,324 -1,215 (-3.1%) 0.7% $11,819,000 2025-08-12
Q1 2025 Reduced 39,539 -7,775 (-16.4%) 0.88% $12,080,000 2025-04-07
Q4 2024 Reduced 47,314 -7,868 (-14.3%) 0.87% $13,850,000 2025-02-11
Q3 2024 Reduced 55,182 -8,191 (-12.9%) 0.97% $15,271,000 2024-10-31
Q2 2024 Reduced 63,373 -3,143 (-4.7%) 1.02% $15,126,000 2024-07-22
Q1 2024 Added 66,516 +23,796 (55.7%) 1.24% $16,612,000 2024-04-29
Q4 2023 Added 42,720 +14,414 (50.9%) 0.65% $9,952,000 2024-02-06
Q3 2023 Reduced 28,306 -29 (-0.1%) 0.45% $6,810,000 2023-10-16
Q2 2023 Reduced 28,335 -951 (-3.2%) 0.41% $6,228,000 2023-07-19
Q1 2023 Reduced 29,286 -54 (-0.2%) 0.5% $6,520,000 2023-05-04
Q4 2022 New 29,340 +29,340 (0.0%) 0.59% $7,008,000 2023-01-31
Institutional context

Who else reported the position

2229 managers reported AUTOMATIC DATA PROCESSING for Q4 2023.

Manager Activity Shares Change % of reported 13F Reported value Tenure
VANGUARD GROUP INC Added 39,596,142 +412,434 0.2% $9,224,713,201 43 qtrs
BlackRock Inc Reduced 33,325,277 -105,983 0.2% $7,763,789,738 43 qtrs
STATE STREET CORPORATION Reduced 17,597,687 -392,631 0.2% $4,123,711,128 33 qtrs
MORGAN STANLEY Reduced 10,781,814 -20,397 0.22% $2,511,840,154 43 qtrs
GEODE CAPITAL MANAGEMENT LLC Added 9,644,372 +112,991 0.23% $2,243,038,789 43 qtrs
THE BANK OF NEW YORK MELLON CORPORATION Reduced 8,833,492 -184,765 0.42% $2,057,938,640 43 qtrs
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced 8,626,458 -43,625 0.51% $2,009,705,920 43 qtrs
ALLIANCEBERNSTEIN L P Reduced 8,364,576 -213,341 0.75% $1,948,695,271 43 qtrs
WELLS FARGO & COMPANY MN Reduced 8,010,615 -74,053 0.49% $1,866,232,883 43 qtrs
Fundsmith LLP Added 5,816,321 +295,809 5.67% $1,355,028,303 38 qtrs
A free account expands this comparison to 25 managers. Create free account
Premium adds each manager's conviction percentile across reporting peers.
Filing details and methodology As reported
Report period
December 31, 2023
Filed
February 06, 2024
Filing type
13F-HR
Position type
COM

Voting authority reported

No voting-authority amounts were reported for this position. Voting authority is not required for reported call options.

Form 13-F is a delayed quarter-end snapshot of disclosed long Section 13(f) securities. It can be filed up to 45 days after quarter end, excludes short positions and most non-U.S. securities, and does not reveal intra-quarter trading. For options, reported shares and value describe the underlying-share exposure; strike, expiry, premium, and written positions are not disclosed.