Joel Greenblatt's ADP Position Overview
Joel Greenblatt (via Gotham Asset Management, LLC) currently holds 100,623 shares of Automatic Data Processing, Inc. (ADP) worth $25.88 M, representing 0.09% of the portfolio. First purchased in 2014-Q2, this long-term strategic position has been held for 44 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 Q4 2016, reducing 564,780 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
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -36,507 | Reduce 26.62% | 100,623 | $257.23 |
| Q3 2025 | +29,514 | Add 27.43% | 137,130 | $293.50 |
| Q2 2025 | +19,251 | Add 21.79% | 107,616 | $308.40 |
| Q1 2025 | +7,483 | Add 9.25% | 88,365 | $305.53 |
| Q4 2024 | -6,256 | Reduce 7.18% | 80,882 | $292.73 |
| Q3 2024 | +54,191 | Add 164.48% | 87,138 | $276.73 |
| Q2 2024 | +8,566 | Add 35.13% | 32,947 | $238.69 |
| Q1 2024 | +7,110 | Add 41.17% | 24,381 | $249.74 |
| Q4 2023 | -1,130 | Reduce 6.14% | 17,271 | $232.97 |
| Q3 2023 | -11,165 | Reduce 37.76% | 18,401 | $240.58 |
| Q2 2023 | +10,575 | Add 55.68% | 29,566 | $219.79 |
| Q1 2023 | -9,133 | Reduce 32.47% | 18,991 | $222.63 |
| Q4 2022 | +305 | Add 1.10% | 28,124 | $238.86 |
| Q3 2022 | +731 | Add 2.70% | 27,819 | $226.18 |
| Q2 2022 | -8,140 | Reduce 23.11% | 27,088 | $210.06 |
| Q1 2022 | +2,895 | Add 8.95% | 35,228 | $227.55 |
| Q4 2021 | -39,917 | Reduce 55.25% | 32,333 | $246.59 |
| Q3 2021 | +15,492 | Add 27.29% | 72,250 | $199.92 |
| Q2 2021 | +40,679 | Add 252.99% | 56,758 | $198.62 |
| Q1 2021 | -549 | Reduce 3.30% | 16,079 | $188.44 |
| Q4 2020 | -75,058 | Reduce 81.86% | 16,628 | $176.21 |
| Q3 2020 | -35,731 | Reduce 28.04% | 91,686 | $139.49 |
| Q2 2020 | +119,424 | Add 1494.11% | 127,417 | $148.89 |
| Q1 2020 | -14,987 | Reduce 65.22% | 7,993 | $136.62 |
| Q4 2019 | -137,737 | Reduce 85.70% | 22,980 | $170.50 |
| Q3 2019 | -37,550 | Reduce 18.94% | 160,717 | $161.42 |
| Q2 2019 | +105,761 | Add 114.33% | 198,267 | $165.33 |
| Q1 2019 | +27,824 | Add 43.02% | 92,506 | $159.74 |
| Q4 2018 | -245,917 | Reduce 79.18% | 64,682 | $131.12 |
| Q3 2018 | -14,278 | Reduce 4.39% | 310,599 | $150.66 |
| Q2 2018 | +324,877 | New Buy | 324,877 | $134.14 |
| Q4 2017 | -148,246 | Sold Out | 0 | $0.00 |
| Q3 2017 | -131,875 | Reduce 47.08% | 148,246 | $109.32 |
| Q2 2017 | +265,987 | Add 1881.89% | 280,121 | $102.46 |
| Q1 2017 | +14,134 | New Buy | 14,134 | $102.38 |
| Q4 2016 | -564,780 | Sold Out | 0 | $0.00 |
| Q3 2016 | +316,755 | Add 127.71% | 564,780 | $88.20 |
| Q2 2016 | +248,025 | New Buy | 248,025 | $91.87 |
| Q4 2015 | -4,948 | Sold Out | 0 | $0.00 |
| Q3 2015 | -519,678 | Reduce 99.06% | 4,948 | $80.44 |
| Q2 2015 | +516,902 | Add 6692.15% | 524,626 | $80.23 |
| Q1 2015 | +7,724 | New Buy | 7,724 | $85.58 |
| Q3 2014 | -12,791 | Sold Out | 0 | $0.00 |
| Q2 2014 | +12,791 | New Buy | 12,791 | $79.27 |
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 44 quarters since Q2 2014.
Joel Greenblatt's largest addition to Automatic Data Processing, Inc. (ADP) was in Q2 2015, adding 524,626 shares worth $42.09 M.
According to the latest 13F filing for Q4 2025, Joel Greenblatt's firm, Gotham Asset Management, LLC, owns 100,623 shares of Automatic Data Processing, Inc. (ADP), valued at approximately $25.88 M.
As of the Q4 2025 filing, Automatic Data Processing, Inc. (ADP) represents approximately 0.09% of Joel Greenblatt's publicly disclosed stock portfolio, making it one of their key holdings.
Joel Greenblatt's peak holding in Automatic Data Processing, Inc. (ADP) was 564,780 shares, as reported at the end of Q3 2016.