Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in ADP held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 35.5M | $7.21B | -2.9% | 8.816% | 0.13% |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 26.2M | $5.31B | — | 6.495% | 0.13% |
| 3 | STATE STREET CORP | 19.3M | $3.96B | +2.0% | 4.800% | 0.14% |
| 4 | GEODE CAPITAL MANAGEMENT, LLC | 12.0M | $2.44B | +3.6% | 2.979% | 0.15% |
| 5 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 11.6M | $2.35B | +378.9% | 2.872% | 0.36% |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 11.1M | $2.25B | — | 2.745% | 0.12% |
| 7 | WELLINGTON MANAGEMENT GROUP LLP | 10.1M | $2.05B | +37.0% | 2.510% | 0.38% |
| 8 | Capital Research Global Investors | 8.6M | $1.74B | +1.9% | 2.125% | 0.27% |
| 9 | WELLS FARGO & COMPANY/MN | 6.9M | $1.40B | — | 1.716% | 0.31% |
| 10 | ALLIANCEBERNSTEIN L.P. | 5.1M | $1.31B | -14.8% | 1.267% | 0.42% |
| 11 | MORGAN STANLEY | 6.4M | $1.30B | -38.2% | 1.588% | 0.08% |
| 12 | NORTHERN TRUST CORP | 6.0M | $1.22B | -0.1% | 1.490% | 0.16% |
| 13 | BANK OF AMERICA CORP /DE/ | 5.3M | $1.07B | -10.4% | 1.306% | 0.08% |
| 14 | GOLDMAN SACHS GROUP INC | 4.4M | $901.3M | +2.1% | 1.102% | 0.10% |
| 15 | Invesco Ltd. | 4.2M | $855.3M | +6.5% | 1.046% | 0.13% |
| 16 | UBS ASSET MANAGEMENT AMERICAS INC | 4.1M | $837.5M | +21.7% | 1.024% | 0.17% |
| 17 | DEUTSCHE BANK AG\ | 4.1M | $827.8M | +15.3% | 1.012% | 0.27% |
| 18 | Fundsmith LLP | 3.9M | $783.3M | -7.7% | 0.957% | 6.11% |
| 19 | STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 3.7M | $743.1M | 0.0% | 0.908% | 0.59% |
| 20 | Bank of New York Mellon Corp | 3.2M | $659.2M | -49.3% | 0.806% | 0.12% |
| 21 | UBS Group AG | 3.1M | $635.6M | +24.9% | 0.777% | 0.10% |
| 22 | Amundi | 3.0M | $616.4M | +27.7% | 0.754% | 0.17% |
| 23 | First Eagle Investment Management, LLC | 2.8M | $579.0M | — | 0.708% | 0.77% |
| 24 | AMERIPRISE FINANCIAL INC | 2.8M | $576.9M | -28.1% | 0.705% | 0.13% |
| 25 | Legal & General Group Plc | 2.7M | $548.7M | +0.9% | 0.671% | 0.13% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in ADP — a direct measure of their conviction.
Filings activity in ADP during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,228 | 4.7% | 74.01% | 15.06 pp | $67.41B | 17% |
| Q4 2025 | 2,338 | +0.0% | 89.07% | 13.35 pp | $81.13B | 13% |
| Q3 2025 | 2,337 | 3.3% | 102.42% | 3.51 pp | $93.29B | 3.3% |
| Q2 2025 | 2,418 | +1.3% | 105.93% | 0.09 pp | $96.48B | 0.1% |
| Q1 2025 | 2,388 | +2.7% | 106.02% | +3.45 pp | $96.56B | +3.4% |
| Q4 2024 | 2,326 | +7.3% | 102.57% | +4.41 pp | $93.42B | +4.5% |
| Q3 2024 | 2,167 | +2.9% | 98.16% | 9.63 pp | $89.41B | 8.9% |
| Q2 2024 | 2,105 | — | 107.79% | — | $98.18B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying ADP stock.
Based on Q1 2026 13F filings, institutional ownership of Automatic Data Processing, Inc. stands at 74.0%, held across 2,228 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of ADP, with approximately 35,499,016 shares worth $7.21B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of ADP.
Our composite Smart Money Score for ADP is 12 out of 100 (Heavy Distribution). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
229 institutions opened new positions in ADP during Q1 2026, while 339 fully exited. 225 added to existing positions and 1,770 trimmed.
ADP institutional ownership fell by 15.06 percentage points quarter-over-quarter, with a net change of -110 holders.
The top 10 institutions account for 44.5% of all reported 13F value in ADP, and the top 25 account for 62.6%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Automatic Data Processing, Inc. (ADP) Institutional Ownership