What Makes Automatic Data Processing (ADP) an Investment Bet?
Matrix Asset Advisors, an asset management company, released its Q1 2026 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Fundsmith LLP Terry Smith | 3,855,105 | $783,280,234 | -8% | 6.11% |
| 2. | First Eagle Investment Management Jean-Marie Eveillard | 2,849,784 | $579,019,117 | 0.98% | |
| 3. | Two Sigma Advisors John Overdeck And David Siegel | 1,282,237 | $260,524,914 | +7145% | 0.21% |
| 4. | D E Shaw D. E. Shaw | 1,185,559 | $240,881,877 | +1014% | 0.14% |
| 5. | AQR Capital Management Cliff Asness | 772,333 | $156,922,656 | +104% | 0.07% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $206.05 | 3,619 | $745,694.95 | 5,072 | 2026-05-07 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $212.13 | 848 | $179,886.24 | 14,462 | 2026-05-08 | Filing | |
| $195.74 | 543 | $106,286.82 | 8,369 | 2026-04-14 | Filing | |
| $208.45 | 543 | $113,188.35 | 8,912 | 2026-03-16 | Filing | |
| $212.43 | 543 | $115,349.49 | 9,455 | 2026-02-17 | Filing | |
| $234.18 | 1,000 | $234,180.00 | 15,310 | 2026-02-06 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 35,499,016 | $7,212,690,178 | 0.13% | |
| 2. | 26,150,698 | $5,313,298,820 | 0.13% | |
| 3. | 19,326,803 | $3,959,068,904 | 0.14% | |
| 4. | 11,993,206 | $2,437,928,643 | 0.15% | |
| 5. | 11,561,745 | $2,349,277,893 | 0.36% |