13F

Position

MORGAN STANLEY 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 −$345.6M$257.23$203.18

QuarterSharesValueImplied pxEst. markFlowWeight
Q3 202512.1M$3.54B0.2%
Q4 202510.3M$2.66B$257.23−$375.3M−$501.1M0.2%
Q1 20266.39M$1.3B$203.18−$345.6M−$1.02B0.1%