AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

Adviser Investments LLC's Holding History (CIK: 0001544576)

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

Q4 2025

Shares 30,019 Value ($000) $7,722 Avg Close $264.83 Range $245.59 - $291.75

Q3 2025

Shares 33,999 Value ($000) $9,979 Avg Close $297.80 Range $280.46 - $312.33

Q2 2025

Shares 33,727 Value ($000) $10,401 Avg Close $302.36 Range $268.13 - $324.50

Q1 2025

Shares 34,187 Value ($000) $10,445 Avg Close $295.41 Range $279.29 - $315.84

Q4 2024

Shares 45,309 Value ($000) $13,263 Avg Close $287.90 Range $266.14 - $301.35

Q3 2024

Shares 43,371 Value ($000) $12,002 Avg Close $253.49 Range $223.96 - $274.02

Q2 2024

Shares 43,334 Value ($000) $10,343 Avg Close $236.61 Range $228.77 - $245.17

Q1 2024

Shares 43,052 Value ($000) $10,752 Avg Close $234.26 Range $221.78 - $245.61

Q4 2023

Shares 42,678 Value ($000) $9,943 Avg Close $222.04 Range $195.57 - $239.12

Q3 2023

Shares 2,937 Value ($000) $707 Avg Close $231.16 Range $204.74 - $243.17

Q2 2023

Shares 2,809 Value ($000) $617 Avg Close $203.27 Range $189.64 - $210.89

Q1 2023

Shares 2,364 Value ($000) $526 Avg Close $211.47 Range $197.72 - $230.89

Q4 2022

Shares 2,365 Value ($000) $580 Avg Close $228.99 Range $203.81 - $257.33

Q3 2022

Shares 2,478 Value ($000) $561 Avg Close $219.07 Range $190.70 - $242.63

Q2 2022

Shares 1,232 Value ($000) $259 Avg Close $202.51 Range $182.36 - $222.13

Q1 2022

Shares 1,770 Value ($000) $403 Avg Close $196.92 Range $176.60 - $227.31

Q4 2021

Shares 22,490 Value ($000) $5,546 Avg Close $207.28 Range $180.16 - $228.68

Q3 2021

Shares 20,612 Value ($000) $4,121 Avg Close $187.71 Range $179.33 - $197.68

Q2 2021

Shares 20,052 Value ($000) $3,983 Avg Close $176.27 Range $167.48 - $182.39

Q1 2021

Shares 17,609 Value ($000) $3,319 Avg Close $156.66 Range $143.60 - $175.27

Q4 2020

Shares 13,091 Value ($000) $2,307 Avg Close $147.45 Range $121.14 - $161.77

Q2 2018

Shares 300 Value ($000) $40 Avg Close $107.77 Range $94.91 - $120.77

Q1 2018

Shares 334 Value ($000) $38 Avg Close $98.61 Range $90.87 - $105.75

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	30,019	$7,722	$264.83	$245.59 - $291.75
Q3 2025	33,999	$9,979	$297.80	$280.46 - $312.33
Q2 2025	33,727	$10,401	$302.36	$268.13 - $324.50
Q1 2025	34,187	$10,445	$295.41	$279.29 - $315.84
Q4 2024	45,309	$13,263	$287.90	$266.14 - $301.35
Q3 2024	43,371	$12,002	$253.49	$223.96 - $274.02
Q2 2024	43,334	$10,343	$236.61	$228.77 - $245.17
Q1 2024	43,052	$10,752	$234.26	$221.78 - $245.61
Q4 2023	42,678	$9,943	$222.04	$195.57 - $239.12
Q3 2023	2,937	$707	$231.16	$204.74 - $243.17
Q2 2023	2,809	$617	$203.27	$189.64 - $210.89
Q1 2023	2,364	$526	$211.47	$197.72 - $230.89
Q4 2022	2,365	$580	$228.99	$203.81 - $257.33
Q3 2022	2,478	$561	$219.07	$190.70 - $242.63
Q2 2022	1,232	$259	$202.51	$182.36 - $222.13
Q1 2022	1,770	$403	$196.92	$176.60 - $227.31
Q4 2021	22,490	$5,546	$207.28	$180.16 - $228.68
Q3 2021	20,612	$4,121	$187.71	$179.33 - $197.68
Q2 2021	20,052	$3,983	$176.27	$167.48 - $182.39
Q1 2021	17,609	$3,319	$156.66	$143.60 - $175.27
Q4 2020	13,091	$2,307	$147.45	$121.14 - $161.77
Q2 2018	300	$40	$107.77	$94.91 - $120.77
Q1 2018	334	$38	$98.61	$90.87 - $105.75