13F

Position

Bison Wealth, LLC 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 −$383$208.70$208.61

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20254.4K$918.1K0.1%
Q1 20264.1K$855.1K$208.61−$383−$62.6K0.1%