Ewing Morris & Co Investment Partners’s Advanced Drainage Systems WMS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-14,873	Closed	-$2.18M	–	99
2025 Q4	$2.18M	Sell	14,873 -13,000	-47%	-$1.88M	0.95%	32
2025 Q3	$3.87M	Sell	27,873 -6,331	-19%	-$831K	1.65%	22
2025 Q2	$3.93M	Hold	34,204	–	–	1.76%	18
2025 Q1	$5.35M	Buy	34,204 +3,500	+11%	+$408K	1.69%	22
2024 Q4	$5.1M	Hold	30,704	–	–	1.76%	18
2024 Q3	$6.53M	Buy	30,704 +14,000	+84%	+$2.19M	3.16%	15
2024 Q2	$2.68M	Buy	16,704 +340	+2%	+$56.8K	1.7%	20
2024 Q1	$3.82M	Hold	16,364	–	–	1.73%	21
2023 Q4	$2.3M	Sell	16,364 -267	-2%	-$32.2K	1.64%	22
2023 Q3	$1.89M	Sell	16,631 -20,000	-55%	-$2.44M	1.53%	18
2023 Q2	$4.17M	Sell	36,631 -12,000	-25%	-$1.13M	3.23%	13
2023 Q1	$4.1M	Buy	48,631 +8,631	+22%	+$759K	3.23%	13
2022 Q4	$3.28M	Buy	+40,000	New	+$4.05M	3.96%	9