AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

Rakuten Investment Management, Inc.'s Holding History (CIK: 0002062680)

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

Q4 2025

Shares 75,063 Value ($000) $19,487 Avg Close $264.83 Range $245.59 - $291.75

Q3 2025

Shares 18,884 Value ($000) $3,202 Avg Close $297.80 Range $280.46 - $312.33

Q1 2025

Shares 52,068 Value ($000) $15,664 Avg Close $295.41 Range $279.29 - $315.84

Q3 2024

Shares 32,411 Value ($000) $8,844 Avg Close $253.49 Range $223.96 - $274.02

Q2 2024

Shares 24,167 Value ($000) $5,735 Avg Close $236.61 Range $228.77 - $245.17

Q1 2024

Shares 14,989 Value ($000) $3,743 Avg Close $234.26 Range $221.78 - $245.61

Q4 2023

Shares 1,017 Value ($000) $236 Avg Close $222.04 Range $195.57 - $239.12

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	75,063	$19,487	$264.83	$245.59 - $291.75
Q3 2025	18,884	$3,202	$297.80	$280.46 - $312.33
Q1 2025	52,068	$15,664	$295.41	$279.29 - $315.84
Q3 2024	32,411	$8,844	$253.49	$223.96 - $274.02
Q2 2024	24,167	$5,735	$236.61	$228.77 - $245.17
Q1 2024	14,989	$3,743	$234.26	$221.78 - $245.61
Q4 2023	1,017	$236	$222.04	$195.57 - $239.12