13F

Position

DEARBORN PARTNERS 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 −$9.49M$257.23$203.18

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 2025186.2K$47.9M2.4%
Q1 2026175.6K$35.7M$203.18−$9.49M−$2.72M1.9%