How many shares of ADP does Fundsmith LLP own?

As of 2026-Q2, Fundsmith LLP holds 2.6M shares of ADP (AUTOMATIC DATA PROCESSING).

What is Fundsmith LLP's ADP position worth?

As of 2026-Q2, Fundsmith LLP's ADP position is worth $582.6M.

In 2026-Q2, Fundsmith LLP decreased their ADP position (-32.5% change in shares).

Based on available 13F filings, Fundsmith LLP first reported a position in ADP in 2018-Q4. They have held the position across 31 quarters.

Position history for Fundsmith LLP's holdings in AUTOMATIC DATA PROCESSING

Current Value

$582.6M

Current Shares

2.6M

Total Value Change

-$310.4M

Total Shares Change

-3.3M

Quarter-by-Quarter History

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Decreased	2.6M	-32.5%	$582.6M	4.3%	$223.95	0
2026-Q1	Decreased	3.9M	-7.7%	$783.3M	6.1%	$216.27	0
2025-Q4	Decreased	4.2M	-3.1%	$1.1B	6.3%	$259.53	0
2025-Q3	Decreased	4.3M	-1.2%	$1.3B	6.4%	$290.78	0
2025-Q2	Decreased	4.4M	-3.4%	$1.3B	5.8%	$299.94	0
2025-Q1	Decreased	4.5M	-10.0%	$1.4B	6.3%	$295.79	0
2024-Q4	Decreased	5M	-10.0%	$1.5B	6.3%	$281.90	0
2024-Q3	Decreased	5.6M	-0.3%	$1.5B	6.1%	$265.12	0
2024-Q2	Decreased	5.6M	-3.1%	$1.3B	5.4%	$227.52	0
2024-Q1	Decreased	5.8M	-0.9%	$1.4B	5.6%	$236.69	0
2023-Q4	Increased	5.8M	+5.4%	$1.4B	5.7%	$219.53	66
2023-Q3	Decreased	5.5M	-0.1%	$1.3B	6.0%	$225.33	0
2023-Q2	Decreased	5.5M	-0.3%	$1.2B	5.1%	$204.84	0
2023-Q1	Increased	5.5M	+0.0%	$1.2B	5.3%	$206.28	63
2022-Q4	Decreased	5.5M	-0.6%	$1.3B	6.0%	$220.08	0
2022-Q3	Increased	5.6M	+0.1%	$1.3B	6.0%	$207.40	63
2022-Q2	Increased	5.6M	+0.1%	$1.2B	5.2%	$191.76	63
2022-Q1	Decreased	5.6M	-21.6%	$1.3B	4.3%	$206.76	0
2021-Q4	Decreased	7.1M	-0.0%	$1.7B	4.3%	$222.95	0
2021-Q3	Decreased	7.1M	-0.0%	$1.4B	3.9%	$179.96	0
2021-Q2	Decreased	7.1M	-0.2%	$1.4B	3.9%	$177.98	0
2021-Q1	Increased	7.1M	+0.4%	$1.3B	4.3%	$168.09	60
2020-Q4	Increased	7.1M	+2.4%	$1.2B	4.1%	$156.34	61
2020-Q3	Increased	6.9M	+6.8%	$965.3M	3.8%	$123.11	64
2020-Q2	Increased	6.5M	+3.3%	$965M	4.2%	$130.53	61
2020-Q1	Decreased	6.3M	-2.9%	$857.6M	4.8%	$119.13	0
2019-Q4	Decreased	6.5M	-0.3%	$1.1B	5.2%	$147.69	0
2019-Q3	Increased	6.5M	+5.7%	$1B	5.3%	$139.07	67
2019-Q2	Increased	6.1M	+2.3%	$1B	5.3%	$141.74	64
2019-Q1	Increased	6M	+1.1%	$957.5M	5.4%	$136.29	63
2018-Q4	New	5.9M	-	$893.1M	5.7%	$111.29	99