Joel Greenblatt's ADP Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 137,130 shares of Automatic Data Processing, Inc. (ADP) worth $40.25 M, representing 0.18% of the portfolio. First purchased in 2014-Q2, this long-term strategic position has been held for 46 quarters.
Based on 13F filings since 2013, Joel Greenblatt has maintained a long-term strategic position in ADP, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2015, adding 516,902 shares. Largest reduction occurred in Q1 2017, reducing 550,646 shares.
Analysis based on 13F filings available since 2013 Q2
Joel Greenblatt's Automatic Data Processing (ADP) Holding Value Over Time
Track share changes against reported price movement
Quarterly Automatic Data Processing (ADP) Trades by Joel Greenblatt
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2014 | +12,791 | New Buy | 12,791 | $79.27 |
| Q3 2014 | -12,791 | Sold Out | 12,791 | $0.00 |
| Q1 2015 | +7,724 | New Buy | 7,724 | $85.58 |
| Q2 2015 | +516,902 | Add 6692.15% | 524,626 | $80.23 |
| Q3 2015 | -519,678 | Reduce 99.06% | 4,948 | $80.44 |
| Q4 2015 | -4,948 | Sold Out | 4,948 | $0.00 |
| Q2 2016 | +248,025 | New Buy | 248,025 | $91.87 |
| Q3 2016 | +316,755 | Add 127.71% | 564,780 | $88.20 |
| Q4 2016 | -564,780 | Sold Out | 564,780 | $0.00 |
| Q1 2017 | +14,134 | New Buy | 14,134 | $102.38 |
| Q2 2017 | +265,987 | Add 1881.89% | 280,121 | $102.46 |
| Q3 2017 | -131,875 | Reduce 47.08% | 148,246 | $109.32 |
| Q4 2017 | -148,246 | Sold Out | 148,246 | $0.00 |
| Q2 2018 | +324,877 | New Buy | 324,877 | $134.14 |
| Q3 2018 | -14,278 | Reduce 4.39% | 310,599 | $150.66 |
| Q4 2018 | -245,917 | Reduce 79.18% | 64,682 | $131.12 |
| Q1 2019 | +27,824 | Add 43.02% | 92,506 | $159.74 |
| Q2 2019 | +105,761 | Add 114.33% | 198,267 | $165.33 |
| Q3 2019 | -37,550 | Reduce 18.94% | 160,717 | $161.42 |
| Q4 2019 | -137,737 | Reduce 85.70% | 22,980 | $170.50 |
| Q1 2020 | -14,987 | Reduce 65.22% | 7,993 | $136.62 |
| Q2 2020 | +119,424 | Add 1494.11% | 127,417 | $148.89 |
| Q3 2020 | -35,731 | Reduce 28.04% | 91,686 | $139.49 |
| Q4 2020 | -75,058 | Reduce 81.86% | 16,628 | $176.21 |
| Q1 2021 | -549 | Reduce 3.30% | 16,079 | $188.44 |
| Q2 2021 | +40,679 | Add 252.99% | 56,758 | $198.62 |
| Q3 2021 | +15,492 | Add 27.29% | 72,250 | $199.92 |
| Q4 2021 | -39,917 | Reduce 55.25% | 32,333 | $246.59 |
| Q1 2022 | +2,895 | Add 8.95% | 35,228 | $227.55 |
| Q2 2022 | -8,140 | Reduce 23.11% | 27,088 | $210.06 |
| Q3 2022 | +731 | Add 2.70% | 27,819 | $226.18 |
| Q4 2022 | +305 | Add 1.10% | 28,124 | $238.86 |
| Q1 2023 | -9,133 | Reduce 32.47% | 18,991 | $222.63 |
| Q2 2023 | +10,575 | Add 55.68% | 29,566 | $219.79 |
| Q3 2023 | -11,165 | Reduce 37.76% | 18,401 | $240.58 |
| Q4 2023 | -1,130 | Reduce 6.14% | 17,271 | $232.97 |
| Q1 2024 | +7,110 | Add 41.17% | 24,381 | $249.74 |
| Q2 2024 | +8,566 | Add 35.13% | 32,947 | $238.69 |
| Q3 2024 | +54,191 | Add 164.48% | 87,138 | $276.73 |
| Q4 2024 | -6,256 | Reduce 7.18% | 80,882 | $292.73 |
| Q1 2025 | +7,483 | Add 9.25% | 88,365 | $305.53 |
| Q2 2025 | +19,251 | Add 21.79% | 107,616 | $308.40 |
| Q3 2025 | +29,514 | Add 27.43% | 137,130 | $293.50 |
Joel Greenblatt's Automatic Data Processing Investment FAQs
Joel Greenblatt first purchased Automatic Data Processing, Inc. (ADP) in Q2 2014, acquiring 12,791 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt has held Automatic Data Processing, Inc. (ADP) for 46 quarters since Q2 2014. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's largest addition to Automatic Data Processing, Inc. (ADP) was in Q2 2015, adding 524,626 shares worth $42.09 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 137,130 shares of Automatic Data Processing, Inc. (ADP), valued at approximately $40.25 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, Automatic Data Processing, Inc. (ADP) represents approximately 0.18% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Joel Greenblatt's peak holding in Automatic Data Processing, Inc. (ADP) was 564,780 shares, as reported at the end of Q3 2016. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.