13F

Position

SMITH, MOORE & CO. 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 −$215K$257.23$203.20

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20253.98K$1.02M0.1%
Q1 20264.08K$829.5K$203.20−$215K$20.9K0.1%