AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

Pershing Square Capital Management, L.P.'s Holding History (CIK: 0001336528)

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

Q2 2019
Shares 4,029,526 Value ($000) $666,202 Avg Close $140.97 Range $134.10 - $148.45
Q1 2019
Shares 4,029,526 Value ($000) $643,676 Avg Close $125.45 Range $108.70 - $138.61
Q4 2018
Shares 4,070,126 Value ($000) $533,675 Avg Close $121.16 Range $104.68 - $131.62
Q3 2018
Shares 4,029,427 Value ($000) $607,073 Avg Close $120.81 Range $110.27 - $129.74
Q2 2018
Shares 4,225,365 Value ($000) $566,790 Avg Close $107.77 Range $94.91 - $120.77
Q1 2018
Shares 7,941,957 Value ($000) $901,253 Avg Close $98.61 Range $90.87 - $105.75
Q4 2017
Shares 8,798,442 Value ($000) $1,031,089 Avg Close $96.16 Range $91.15 - $100.81
Q3 2017
Shares 8,798,442 Value ($000) $961,846 Avg Close $89.59 Range $83.96 - $101.73
Q2 2017
Shares 1,750,867 Value ($000) $179,394 Avg Close $84.22 Range $79.33 - $87.79