AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

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

New Positions (114)

Increased Positions (612)

WORMSER FRERES GESTION
Value ($000) $7,722 (+115.1%) Shares 30,011 (+147.1%)
Camrose Capital Investment Partners LLP
Value ($000) $44,093 (+9.4%) Shares 171,413 (+24.8%)
Clark & Stuart, Inc
Value ($000) $3,748 (+341.9%) Shares 14,491 (+404.2%)
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC
Value ($000) $55,418 (+2620.3%) Shares 215,443 (+3003.9%)
CAPITAL COUNSEL LLC/NY
Value ($000) $179,151 (-7.2%) Shares 696,461 (+5.9%)
William Allan Corp
Value ($000) $6,384 (+4.6%) Shares 24,818 (+19.4%)
Sone Capital Management, LLC
Value ($000) $17,705 (+388.3%) Shares 68,828 (+457.2%)
SAYBROOK CAPITAL /NC
Value ($000) $18,259 (-6.9%) Shares 70,984 (+6.2%)
STANCE CAPITAL LLC
Value ($000) $4,140 (+208.1%) Shares 16,093 (+251.5%)
Cardano Asset Management N.V.
Value ($000) $92 (-8.0%) Shares 3,563,180 (+950.1%)
S.E.E.D. Planning Group LLC
Value ($000) $11,256 (-5.4%) Shares 43,757 (+7.9%)
Heathbridge Capital Management Ltd.
Value ($000) $7,740 (-3.7%) Shares 30,090 (+9.9%)
Hendershot Investments Inc.
Value ($000) $20,552 (+1.9%) Shares 79,898 (+16.2%)
America First Investment Advisors, LLC
Value ($000) $22,184 (-8.4%) Shares 86,242 (+4.5%)
Tandem Investment Advisors, Inc.
Value ($000) $84,896 (+93347.9%) Shares 330,041 (+6.6%)
Safe Harbor Fiduciary, LLC
Value ($000) $1,477 (+255.0%) Shares 5,741 (+325.6%)
SMITH CHAS P & ASSOCIATES PA CPAS
Value ($000) $26,359 (+29.2%) Shares 102,471 (+47.4%)
Elefante Mark B
Value ($000) $5,121 (-8.2%) Shares 19,908 (+4.8%)
Heritage Wealth Advisors
Value ($000) $53,976 (-2.9%) Shares 209,836 (+10.8%)
ZEVIN ASSET MANAGEMENT LLC
Value ($000) $21,730 (+90211.9%) Shares 84,477 (+3.0%)

Decreased Positions (837)

Nutshell Asset Management Ltd
Value ($000) $6,510 (-42.8%) Shares 25,307 (-34.8%)
JENSEN INVESTMENT MANAGEMENT INC
Value ($000) $163,023 (-39.9%) Shares 633,763 (-31.4%)
GUARDCAP ASSET MANAGEMENT Ltd
Value ($000) $143,297 (-25.7%) Shares 556,909 (-15.2%)
Elevate Capital Advisors, LLC
Value ($000) $2,039 (-46.1%) Shares 7,927 (-38.5%)
R.H. Dinel Investment Counsel, Inc.
Value ($000) $6,328 (-25.1%) Shares 24,600 (-14.6%)
FUNDSMITH INVESTMENT SERVICES LTD.
Value ($000) $344,256 (-18.8%) Shares 1,338,320 (-7.4%)
MCDANIEL TERRY & CO
Value ($000) $46,096 (-18.8%) Shares 179,201 (-7.4%)
FERGUSON WELLMAN CAPITAL MANAGEMENT, INC
Value ($000) $60,514 (-47.6%) Shares 235,251 (-40.3%)
BOWEN HANES & CO INC
Value ($000) $12 (-100.0%) Shares 48,067 (-75.5%)
ABNER HERRMAN & BROCK LLC
Value ($000) $2 (-85.9%) Shares 9,038 (-84.0%)
Fundsmith LLP
Value ($000) $1,074,699 (-15.1%) Shares 4,177,969 (-3.1%)
Dundas Partners LLP
Value ($000) $36,664 (-17.6%) Shares 142,534 (-6.0%)
Long Road Investment Counsel, LLC
Value ($000) $13,169 (-15.2%) Shares 51,195 (-3.3%)
Port Capital LLC
Value ($000) $19,244 (-47.1%) Shares 74,813 (-39.7%)
Evelyn Partners Asset Management Ltd
Value ($000) $9,116 (-19.7%) Shares 35,441 (-8.3%)
Sterling Capital Management LLC
Value ($000) $59,892 (-42.0%) Shares 232,834 (-33.9%)
Raub Brock Capital Management LP
Value ($000) $14,542 (-15.1%) Shares 56,534 (-3.1%)
NICHOLS & PRATT ADVISERS LLP /MA
Value ($000) $78,255 (-13.4%) Shares 304,220 (-1.2%)
PENINSULA ASSET MANAGEMENT INC
Value ($000) $5,467 (-15.1%) Shares 21,253 (-3.1%)
BAXTER BROS INC
Value ($000) $20,528 (-15.8%) Shares 79,805 (-3.9%)

Exited Positions (186)