13F

Position

S.A. Mason 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 −$137.4K$257.23$203.18

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20252.54K$653.9K0.3%
Q1 20262.54K$516.7K$203.18−$137.4K$2030.2%