13F

Position

Fundsmith LLP in Automatic Data Processing In

Back to the book · All holders of AUTOMATIC DATA PROCESSING IN

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 −$208.4M$257.23$203.18

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20254.18M$1.07B6.3%
Q1 20263.86M$783.3M$203.18−$208.4M−$83.1M6.1%