13F

Position

MOTCO 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 −$103.9K$257.23$203.18

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20253.81K$981.1K0.1%
Q1 20261.92K$390.7K$203.18−$103.9K−$486.4K0.0%