Filing Details
Invesco Ltd., a registered investment adviser, reduced its position in Automatic Data Processing, Inc. (NASDAQ:ADP) during Q1 2026, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm sold 1,265 shares of the Industrials company, reducing its total holdings to 8,450,607 shares valued at approximately $1.7B as of the filing date. This represents a 97.2% decrease in the position.
Market Context
Automatic Data Processing, Inc.'s stock currently trades at $252.30 with a market capitalization of $86.7B.
Institutional selling doesn't always signal a bearish outlook. Large funds regularly trim positions for portfolio rebalancing, client redemptions, or to lock in gains. That said, when a major holder like Invesco Ltd. reduces exposure to Automatic Data Processing, Inc., it's worth monitoring whether other institutions are making similar moves.
Automatic Data Processing, Inc. operates in the Industrials sector, where institutional ownership patterns can provide insight into how professional investors view the industry's near-term prospects.
The size of this position — $1.72 billion — places it among the more significant institutional holdings in Automatic Data Processing, Inc.. Large positions like this can influence trading dynamics and are closely watched by market participants tracking smart money flows.
Investors should note that 13F filings reflect holdings as of the end of the reporting quarter and are filed up to 45 days later. The position may have changed since the filing date. 13F data is most useful when analyzed alongside other signals such as insider transactions, analyst ratings, and fundamental trends.
Related Tools: Insider Trades Tracker | View ADP Stock Page
Frequently Asked Questions
What is a 13F filing?
A 13F filing is a quarterly SEC report required for institutional managers with over $100 million in assets. It discloses equity holdings, providing transparency into how firms like Invesco Ltd. position their portfolios.
How can I track institutional ownership of ADP?
View all institutional holders on our ADP institutional ownership page.