Russell Investments Group Ltd. Boosts Stake in Automatic Data Processing

The institutional investor increased its position in the business services provider by 13% in the third quarter.

Published on Mar. 9, 2026

Russell Investments Group Ltd. lifted its stake in Automatic Data Processing, Inc. (NASDAQ:ADP) by 13.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor now owns 548,638 shares of the business services provider's stock, worth approximately $161 million.

Why it matters

Automatic Data Processing is a major provider of cloud-based human capital management and payroll solutions, serving employers of all sizes. The increase in Russell Investments' stake suggests the firm sees continued growth potential in ADP's business.

The details

According to the filing, Russell Investments Group purchased an additional 63,211 shares of Automatic Data Processing during the third quarter, bringing its total position to 548,638 shares. This represents about 0.14% of ADP's outstanding stock.

  • Russell Investments Group filed its 13F report for the third quarter of 2026.

The players

Russell Investments Group Ltd.

An institutional investment management firm that provides a range of investment strategies and services to clients worldwide.

Automatic Data Processing, Inc.

A global provider of cloud-based human capital management and payroll solutions for employers of all sizes.

Got photos? Submit your photos here. ›

The takeaway

The increased stake by Russell Investments Group in Automatic Data Processing suggests the firm sees continued growth potential in ADP's business as a leading provider of HR and payroll services. This reflects broader investor confidence in ADP's ability to capitalize on trends in cloud-based human capital management solutions.