AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

ARCADIA INVESTMENT MANAGEMENT CORP/MI's Holding History (CIK: 0001016972)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 12,834 Value ($000) $3,301 Avg Close $264.83 Range $245.59 - $291.75

Q3 2025

Shares 12,705 Value ($000) $3,729 Avg Close $297.80 Range $280.46 - $312.33

Q2 2025

Shares 13,332 Value ($000) $4,112 Avg Close $302.36 Range $268.13 - $324.50

Q1 2025

Shares 13,332 Value ($000) $4,073 Avg Close $295.41 Range $279.29 - $315.84

Q4 2024

Shares 15,013 Value ($000) $4,395 Avg Close $287.90 Range $266.14 - $301.35

Q3 2024

Shares 15,038 Value ($000) $4,161 Avg Close $253.49 Range $223.96 - $274.02

Q2 2024

Shares 15,311 Value ($000) $3,655 Avg Close $236.61 Range $228.77 - $245.17

Q1 2024

Shares 15,521 Value ($000) $3,876 Avg Close $234.26 Range $221.78 - $245.61

Q4 2023

Shares 19,109 Value ($000) $4,452 Avg Close $222.04 Range $195.57 - $239.12

Q3 2023

Shares 19,748 Value ($000) $4,751 Avg Close $231.16 Range $204.74 - $243.17

Q2 2023

Shares 23,781 Value ($000) $5,227 Avg Close $203.27 Range $189.64 - $210.89

Q1 2023

Shares 24,474 Value ($000) $5,449 Avg Close $211.47 Range $197.72 - $230.89

Q4 2022

Shares 24,346 Value ($000) $5,815 Avg Close $228.99 Range $203.81 - $257.33

Q3 2022

Shares 24,523 Value ($000) $5,547 Avg Close $219.07 Range $190.70 - $242.63

Q2 2022

Shares 24,877 Value ($000) $5,225 Avg Close $202.51 Range $182.36 - $222.13

Q1 2022

Shares 22,567 Value ($000) $5,135 Avg Close $196.92 Range $176.60 - $227.31

Q4 2021

Shares 22,375 Value ($000) $5,517 Avg Close $207.28 Range $180.16 - $228.68

Q3 2021

Shares 19,261 Value ($000) $3,851 Avg Close $187.71 Range $179.33 - $197.68

Q2 2021

Shares 19,604 Value ($000) $3,894 Avg Close $176.27 Range $167.48 - $182.39

Q1 2021

Shares 20,244 Value ($000) $3,815 Avg Close $156.66 Range $143.60 - $175.27

Q4 2020

Shares 19,595 Value ($000) $3,453 Avg Close $147.45 Range $121.14 - $161.77

Q3 2020

Shares 22,628 Value ($000) $3,156 Avg Close $125.00 Range $114.15 - $135.97

Q2 2020

Shares 27,128 Value ($000) $4,039 Avg Close $126.99 Range $112.18 - $142.82

Q1 2020

Shares 24,479 Value ($000) $3,346 Avg Close $141.95 Range $91.30 - $160.44

Q4 2019

Shares 24,929 Value ($000) $4,250 Avg Close $145.09 Range $134.54 - $151.18

Q3 2019

Shares 20,639 Value ($000) $3,331 Avg Close $143.97 Range $136.57 - $151.98

Q2 2019

Shares 18,834 Value ($000) $3,114 Avg Close $140.97 Range $134.10 - $148.45

Q1 2019

Shares 17,334 Value ($000) $2,769 Avg Close $125.45 Range $108.70 - $138.61

Q4 2018

Shares 17,334 Value ($000) $2,273 Avg Close $121.16 Range $104.68 - $131.62

Q3 2018

Shares 18,164 Value ($000) $2,737 Avg Close $120.81 Range $110.27 - $129.74

Q2 2018

Shares 19,264 Value ($000) $2,584 Avg Close $107.77 Range $94.91 - $120.77

Q1 2018

Shares 19,264 Value ($000) $2,186 Avg Close $98.61 Range $90.87 - $105.75

Q4 2017

Shares 19,364 Value ($000) $2,269 Avg Close $96.16 Range $91.15 - $100.81

Q3 2017

Shares 20,164 Value ($000) $2,204 Avg Close $89.59 Range $83.96 - $101.73

Q2 2017

Shares 19,332 Value ($000) $1,981 Avg Close $84.22 Range $79.33 - $87.79

Q1 2017

Shares 20,902 Value ($000) $2,140 Avg Close $84.40 Range $77.75 - $87.39

Q4 2016

Shares 22,152 Value ($000) $2,277 Avg Close $76.76 Range $70.20 - $85.82

Q3 2016

Shares 22,152 Value ($000) $1,954 Avg Close $74.09 Range $70.80 - $78.37

Q2 2016

Shares 22,652 Value ($000) $2,081 Avg Close $71.77 Range $68.45 - $75.00

Q1 2016

Shares 22,152 Value ($000) $1,987 Avg Close $67.69 Range $61.81 - $73.03

Q4 2015

Shares 22,402 Value ($000) $1,898 Avg Close $69.13 Range $63.10 - $72.67

Q3 2015

Shares 22,150 Value ($000) $1,779 Avg Close $63.87 Range $51.20 - $67.86

Q2 2015

Shares 22,150 Value ($000) $1,777 Avg Close $67.60 Range $63.55 - $69.99

Q1 2015

Shares 24,750 Value ($000) $2,120 Avg Close $67.89 Range $64.32 - $71.03

Q4 2014

Shares 28,750 Value ($000) $2,397 Avg Close $63.52 Range $55.18 - $68.07

Q3 2014

Shares 28,650 Value ($000) $2,380 Avg Close $56.27 Range $54.11 - $58.19

Q2 2014

Shares 31,850 Value ($000) $2,525 Avg Close $52.86 Range $49.83 - $54.58

Q1 2014

Shares 33,450 Value ($000) $2,584 Avg Close $52.44 Range $48.53 - $56.01

Q4 2013

Shares 79,915 Value ($000) $6,457 Avg Close $51.46 Range $46.89 - $56.22

Q3 2013

Shares 81,100 Value ($000) $5,870 Avg Close $48.32 Range $45.84 - $50.27

Q2 2013

Shares 81,325 Value ($000) $5,600 Avg Close $45.09 Range $41.94 - $47.70

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	12,834	$3,301	$264.83	$245.59 - $291.75
Q3 2025	12,705	$3,729	$297.80	$280.46 - $312.33
Q2 2025	13,332	$4,112	$302.36	$268.13 - $324.50
Q1 2025	13,332	$4,073	$295.41	$279.29 - $315.84
Q4 2024	15,013	$4,395	$287.90	$266.14 - $301.35
Q3 2024	15,038	$4,161	$253.49	$223.96 - $274.02
Q2 2024	15,311	$3,655	$236.61	$228.77 - $245.17
Q1 2024	15,521	$3,876	$234.26	$221.78 - $245.61
Q4 2023	19,109	$4,452	$222.04	$195.57 - $239.12
Q3 2023	19,748	$4,751	$231.16	$204.74 - $243.17
Q2 2023	23,781	$5,227	$203.27	$189.64 - $210.89
Q1 2023	24,474	$5,449	$211.47	$197.72 - $230.89
Q4 2022	24,346	$5,815	$228.99	$203.81 - $257.33
Q3 2022	24,523	$5,547	$219.07	$190.70 - $242.63
Q2 2022	24,877	$5,225	$202.51	$182.36 - $222.13
Q1 2022	22,567	$5,135	$196.92	$176.60 - $227.31
Q4 2021	22,375	$5,517	$207.28	$180.16 - $228.68
Q3 2021	19,261	$3,851	$187.71	$179.33 - $197.68
Q2 2021	19,604	$3,894	$176.27	$167.48 - $182.39
Q1 2021	20,244	$3,815	$156.66	$143.60 - $175.27
Q4 2020	19,595	$3,453	$147.45	$121.14 - $161.77
Q3 2020	22,628	$3,156	$125.00	$114.15 - $135.97
Q2 2020	27,128	$4,039	$126.99	$112.18 - $142.82
Q1 2020	24,479	$3,346	$141.95	$91.30 - $160.44
Q4 2019	24,929	$4,250	$145.09	$134.54 - $151.18
Q3 2019	20,639	$3,331	$143.97	$136.57 - $151.98
Q2 2019	18,834	$3,114	$140.97	$134.10 - $148.45
Q1 2019	17,334	$2,769	$125.45	$108.70 - $138.61
Q4 2018	17,334	$2,273	$121.16	$104.68 - $131.62
Q3 2018	18,164	$2,737	$120.81	$110.27 - $129.74
Q2 2018	19,264	$2,584	$107.77	$94.91 - $120.77
Q1 2018	19,264	$2,186	$98.61	$90.87 - $105.75
Q4 2017	19,364	$2,269	$96.16	$91.15 - $100.81
Q3 2017	20,164	$2,204	$89.59	$83.96 - $101.73
Q2 2017	19,332	$1,981	$84.22	$79.33 - $87.79
Q1 2017	20,902	$2,140	$84.40	$77.75 - $87.39
Q4 2016	22,152	$2,277	$76.76	$70.20 - $85.82
Q3 2016	22,152	$1,954	$74.09	$70.80 - $78.37
Q2 2016	22,652	$2,081	$71.77	$68.45 - $75.00
Q1 2016	22,152	$1,987	$67.69	$61.81 - $73.03
Q4 2015	22,402	$1,898	$69.13	$63.10 - $72.67
Q3 2015	22,150	$1,779	$63.87	$51.20 - $67.86
Q2 2015	22,150	$1,777	$67.60	$63.55 - $69.99
Q1 2015	24,750	$2,120	$67.89	$64.32 - $71.03
Q4 2014	28,750	$2,397	$63.52	$55.18 - $68.07
Q3 2014	28,650	$2,380	$56.27	$54.11 - $58.19
Q2 2014	31,850	$2,525	$52.86	$49.83 - $54.58
Q1 2014	33,450	$2,584	$52.44	$48.53 - $56.01
Q4 2013	79,915	$6,457	$51.46	$46.89 - $56.22
Q3 2013	81,100	$5,870	$48.32	$45.84 - $50.27
Q2 2013	81,325	$5,600	$45.09	$41.94 - $47.70