AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

TWO SIGMA INVESTMENTS, LP's Holding History (CIK: 0001179392)

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

Q3 2025

Shares 900 Value ($000) $264 Avg Close $297.80 Range $280.46 - $312.33

Q2 2025

Shares 10,300 Value ($000) $3,177 Avg Close $302.36 Range $268.13 - $324.50

Q1 2025

Shares 88,992 Value ($000) $27,190 Avg Close $295.41 Range $279.29 - $315.84

Q4 2024

Shares 142,462 Value ($000) $41,703 Avg Close $287.90 Range $266.14 - $301.35

Q3 2024

Shares 278,112 Value ($000) $76,962 Avg Close $253.49 Range $223.96 - $274.02

Q2 2024

Shares 80,397 Value ($000) $19,190 Avg Close $236.61 Range $228.77 - $245.17

Q1 2024

Shares 176,883 Value ($000) $44,175 Avg Close $234.26 Range $221.78 - $245.61

Q4 2023

Shares 503,396 Value ($000) $117,276 Avg Close $222.04 Range $195.57 - $239.12

Q3 2023

Shares 349,972 Value ($000) $84,196 Avg Close $231.16 Range $204.74 - $243.17

Q2 2023

Shares 685,095 Value ($000) $150,577 Avg Close $203.27 Range $189.64 - $210.89

Q1 2023

Shares 773,483 Value ($000) $172,201 Avg Close $211.47 Range $197.72 - $230.89

Q4 2022

Shares 450,929 Value ($000) $107,709 Avg Close $228.99 Range $203.81 - $257.33

Q3 2022

Shares 751,074 Value ($000) $169,885 Avg Close $219.07 Range $190.70 - $242.63

Q2 2022

Shares 589,237 Value ($000) $123,763 Avg Close $202.51 Range $182.36 - $222.13

Q4 2021

Shares 493,716 Value ($000) $121,740 Avg Close $207.28 Range $180.16 - $228.68

Q3 2021

Shares 832,988 Value ($000) $166,531 Avg Close $187.71 Range $179.33 - $197.68

Q2 2021

Shares 104,006 Value ($000) $20,658 Avg Close $176.27 Range $167.48 - $182.39

Q1 2021

Shares 44,060 Value ($000) $8,304 Avg Close $156.66 Range $143.60 - $175.27

Q4 2020

Shares 452,747 Value ($000) $79,774 Avg Close $147.45 Range $121.14 - $161.77

Q3 2020

Shares 1,215,000 Value ($000) $169,480 Avg Close $125.00 Range $114.15 - $135.97

Q2 2020

Shares 444,238 Value ($000) $66,143 Avg Close $126.99 Range $112.18 - $142.82

Q1 2020

Shares 373,305 Value ($000) $51,023 Avg Close $141.95 Range $91.30 - $160.44

Q4 2019

Shares 721,460 Value ($000) $123,009 Avg Close $145.09 Range $134.54 - $151.18

Q3 2019

Shares 922,540 Value ($000) $148,916 Avg Close $143.97 Range $136.57 - $151.98

Q2 2019

Shares 29,008 Value ($000) $4,796 Avg Close $140.97 Range $134.10 - $148.45

Q1 2019

Shares 254,662 Value ($000) $40,680 Avg Close $125.45 Range $108.70 - $138.61

Q4 2018

Shares 139,563 Value ($000) $18,300 Avg Close $121.16 Range $104.68 - $131.62

Q3 2018

Shares 866,423 Value ($000) $130,535 Avg Close $120.81 Range $110.27 - $129.74

Q2 2018

Shares 1,131,835 Value ($000) $151,824 Avg Close $107.77 Range $94.91 - $120.77

Q1 2018

Shares 132,936 Value ($000) $15,086 Avg Close $98.61 Range $90.87 - $105.75

Q4 2017

Shares 697,509 Value ($000) $81,741 Avg Close $96.16 Range $91.15 - $100.81

Q4 2016

Shares 6,649 Value ($000) $683 Avg Close $76.76 Range $70.20 - $85.82

Q3 2016

Shares 212,719 Value ($000) $18,762 Avg Close $74.09 Range $70.80 - $78.37

Q3 2015

Shares 383,018 Value ($000) $30,779 Avg Close $63.87 Range $51.20 - $67.86

Q2 2015

Shares 281,989 Value ($000) $22,624 Avg Close $67.60 Range $63.55 - $69.99

Q1 2015

Shares 96,829 Value ($000) $8,292 Avg Close $67.89 Range $64.32 - $71.03

Q4 2014

Shares 223,819 Value ($000) $18,660 Avg Close $63.52 Range $55.18 - $68.07

Q3 2014

Shares 214,175 Value ($000) $17,794 Avg Close $56.27 Range $54.11 - $58.19

Q3 2013

Shares 149,782 Value ($000) $10,841 Avg Close $48.32 Range $45.84 - $50.27

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	900	$264	$297.80	$280.46 - $312.33
Q2 2025	10,300	$3,177	$302.36	$268.13 - $324.50
Q1 2025	88,992	$27,190	$295.41	$279.29 - $315.84
Q4 2024	142,462	$41,703	$287.90	$266.14 - $301.35
Q3 2024	278,112	$76,962	$253.49	$223.96 - $274.02
Q2 2024	80,397	$19,190	$236.61	$228.77 - $245.17
Q1 2024	176,883	$44,175	$234.26	$221.78 - $245.61
Q4 2023	503,396	$117,276	$222.04	$195.57 - $239.12
Q3 2023	349,972	$84,196	$231.16	$204.74 - $243.17
Q2 2023	685,095	$150,577	$203.27	$189.64 - $210.89
Q1 2023	773,483	$172,201	$211.47	$197.72 - $230.89
Q4 2022	450,929	$107,709	$228.99	$203.81 - $257.33
Q3 2022	751,074	$169,885	$219.07	$190.70 - $242.63
Q2 2022	589,237	$123,763	$202.51	$182.36 - $222.13
Q4 2021	493,716	$121,740	$207.28	$180.16 - $228.68
Q3 2021	832,988	$166,531	$187.71	$179.33 - $197.68
Q2 2021	104,006	$20,658	$176.27	$167.48 - $182.39
Q1 2021	44,060	$8,304	$156.66	$143.60 - $175.27
Q4 2020	452,747	$79,774	$147.45	$121.14 - $161.77
Q3 2020	1,215,000	$169,480	$125.00	$114.15 - $135.97
Q2 2020	444,238	$66,143	$126.99	$112.18 - $142.82
Q1 2020	373,305	$51,023	$141.95	$91.30 - $160.44
Q4 2019	721,460	$123,009	$145.09	$134.54 - $151.18
Q3 2019	922,540	$148,916	$143.97	$136.57 - $151.98
Q2 2019	29,008	$4,796	$140.97	$134.10 - $148.45
Q1 2019	254,662	$40,680	$125.45	$108.70 - $138.61
Q4 2018	139,563	$18,300	$121.16	$104.68 - $131.62
Q3 2018	866,423	$130,535	$120.81	$110.27 - $129.74
Q2 2018	1,131,835	$151,824	$107.77	$94.91 - $120.77
Q1 2018	132,936	$15,086	$98.61	$90.87 - $105.75
Q4 2017	697,509	$81,741	$96.16	$91.15 - $100.81
Q4 2016	6,649	$683	$76.76	$70.20 - $85.82
Q3 2016	212,719	$18,762	$74.09	$70.80 - $78.37
Q3 2015	383,018	$30,779	$63.87	$51.20 - $67.86
Q2 2015	281,989	$22,624	$67.60	$63.55 - $69.99
Q1 2015	96,829	$8,292	$67.89	$64.32 - $71.03
Q4 2014	223,819	$18,660	$63.52	$55.18 - $68.07
Q3 2014	214,175	$17,794	$56.27	$54.11 - $58.19
Q3 2013	149,782	$10,841	$48.32	$45.84 - $50.27