13F

Position

Ethic Inc. 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 −$3.86M$257.23$203.18

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 202575.6K$19.4M0.3%
Q1 202671.4K$14.5M$203.18−$3.86M−$1.09M0.2%