Who Owns Automatic Data Processing Stock?
NASDAQ: ADPTechnologyEDP ServicesUSD
At close: Oct 8, 4:00 PM ET · Delayed 15 min
Ownership breakdown
- Held by institutions
- 91.70%
- Held by insiders
- 0.14%
- Institutional holders
- 2,940
- Institutions 91.7%
- Insiders 0.1%
- Public and other 8.2%
Who owns Automatic Data Processing stock?
Institutional investors own about 91.7% of Automatic Data Processing's shares, spread across 2,940 institutions that file 13F reports. That level of institutional ownership is high, typical of large, widely followed companies. Insiders, including executives, directors and large founding shareholders, hold 0.14% of ADP.
The largest institutional holders are Blackrock Inc. (9.12%), Vanguard Capital Management LLC (6.59%) and State Street Corporation (5.15%). Together, the top 10 institutions control 39.9% of shares outstanding. In their latest filings, 5 of the top 10 institutions increased their ADP positions and 5 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of ADP
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Blackrock Inc. | 36.16M | 9.12% | +1.9% |
| Vanguard Capital Management LLC | 26.10M | 6.59% | -0.2% |
| State Street Corporation | 20.39M | 5.15% | +5.5% |
| Invesco Ltd. | 13.56M | 3.42% | +7.1% |
| Charles Schwab Investment Management, Inc. | 12.73M | 3.21% | +10.1% |
| Geode Capital Management, LLC | 11.96M | 3.02% | -0.3% |
| Vanguard Portfolio Management LLC | 10.54M | 2.66% | -4.6% |
| Wellington Management Group, LLP | 10.03M | 2.53% | -0.7% |
| Morgan Stanley | 8.36M | 2.11% | +30.8% |
| Capital Research Global Investors | 8.28M | 2.09% | -3.3% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of ADP
| Fund | Shares | % Held |
|---|---|---|
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 12.69M | 3.20% |
| VANGUARD INDEX FUNDS-Vanguard 500 Index Fund | 10.36M | 2.61% |
| SCHWAB STRATEGIC TRUST-Schwab US Dividend Equity ETF | 9.62M | 2.43% |
| Invesco QQQ Trust, Series 1 | 8.60M | 2.17% |
| iShares Trust-iShares Core S&P 500 ETF | 5.32M | 1.34% |
| Fidelity Concord Street Trust-Fidelity 500 Index Fund | 5.19M | 1.31% |
| SPDR S&P 500 ETF TRUST-State Street SPDR S&P 500 ETF Trust | 4.89M | 1.23% |
| VANGUARD INDEX FUNDS-Vanguard Value Index Fund | 3.81M | 0.96% |
| First Eagle Funds-First Eagle Global Fund | 3.65M | 0.92% |
| AMERICAN MUTUAL FUND | 3.42M | 0.86% |
Frequently asked questions
Who is the largest shareholder of Automatic Data Processing?
Blackrock Inc. is the largest institutional shareholder of ADP, owning 9.12% of shares outstanding (36.16M shares) as of its latest 13F filing.
What percentage of Automatic Data Processing is owned by institutions?
Institutions own about 91.7% of ADP shares and 91.8% of the public float.
How much of Automatic Data Processing do insiders own?
Insiders, such as officers and directors, own about 0.14% of ADP shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.