13F

Position

Formidable Asset Management, 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 −$156K$276.68$232.62

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20253.6K$995.5K0.1%
Q1 20263.54K$823.7K$232.62−$156K−$15.8K0.1%