AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

Cavalier Investments, LLC's Holding History (CIK: 0001655543)

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

Q4 2019

Shares 2,087 Value ($000) $356 Avg Close $145.09 Range $134.54 - $151.18

Q3 2019

Shares 2,087 Value ($000) $337 Avg Close $143.97 Range $136.57 - $151.98

Q2 2019

Shares 1,039 Value ($000) $172 Avg Close $140.97 Range $134.10 - $148.45

Q1 2019

Shares 1,039 Value ($000) $166 Avg Close $125.45 Range $108.70 - $138.61

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	2,087	$356	$145.09	$134.54 - $151.18
Q3 2019	2,087	$337	$143.97	$136.57 - $151.98
Q2 2019	1,039	$172	$140.97	$134.10 - $148.45
Q1 2019	1,039	$166	$125.45	$108.70 - $138.61