I just referenced you to a topic where Eric Chan himself stated that it does (White Balance sliders), for as long as 2 profiles have different matrices that are used for WB in Adobe's converters...
Thank you, Vlad.
Following your earlier instruction, I downloaded and installed dcpTool. I de-compiled two of the profiles that, in my test with ACR 5.4, did NOT change the As-Shot WB sliders.
So in answer to your earlier question in this thread, I am now
sure that the color matrices were different
Might be a clue [as to why the WB sliders did not move] here:
These two tags were the same in each profile:
<CalibrationIlluminant1>17</CalibrationIlluminant1>
<CalibrationIlluminant2>21</CalibrationIlluminant2>