13F

Position

Applied Capital LLC/FL in Automatic Data Processing In

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$269K$257.23$203.18

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20254.98K$1.28M0.8%
Q1 20264.99K$1.01M$203.18−$269K$3.05K0.5%