13F

Position

Maple Capital Management, 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 −$100K$257.23$203.18

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20252.26K$582.4K0.0%
Q1 20261.85K$376.1K$203.18−$100K−$106.2K0.0%