LongADPSep 2026
Automatic Data Processing, Inc.
ADP combines predictable recurring revenue from payroll and human-resources software with an additional earnings stream from client payroll balances. The fund notes that the…
ADP
1 published idea on Automatic Data Processing, Inc. across 1 fund — 1 long and 0 short.
Each entry below comes from a hedge fund's own investor letter, not a 13F filing, so it carries the reasoning behind the position on Automatic Data Processing, Inc.: the full thesis, the risks the manager flagged, the conviction level and the time horizon. Positions may have changed since the letter was written.
ADP combines predictable recurring revenue from payroll and human-resources software with an additional earnings stream from client payroll balances. The fund notes that the…