State of Wisconsin Investment Board’s Advantage Solutions ADV Stock Holding History

State of Wisconsin Investment Board’s Portfolio ADV Stock Details ADV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-4,424	Closed	-$146K	–	2371
2025 Q2	$146K	Sell	4,424 -2,569	-37%	-$84.6K	﹤0.01%	2239
2025 Q1	$264K	Sell	6,993 -3,138	-31%	-$183K	﹤0.01%	2019
2024 Q4	$740K	Buy	10,131 +582	+6%	+$47.5K	﹤0.01%	1636
2024 Q3	$819K	Buy	9,549 +74	+0.8%	+$6.82K	﹤0.01%	1643
2024 Q2	$763K	Buy	9,475 +5,737	+153%	+$534K	﹤0.01%	1640
2024 Q1	$405K	Buy	+3,738	New	+$368K	﹤0.01%	1853
2023 Q4	–	Sell	-480	Closed	-$34K	–	2359
2023 Q3	$34K	Buy	+480	New	+$31.9K	﹤0.01%	2447
2023 Q2	–	Sell	-403	Closed	-$15.9K	–	2341
2023 Q1	$15.9K	Sell	403 -138	-26%	-$7.79K	﹤0.01%	2503
2022 Q4	$28.2K	Sell	541 -667	-55%	-$41.9K	﹤0.01%	2434
2022 Q3	$64K	Buy	1,208 +440	+57%	+$40.6K	﹤0.01%	2561
2022 Q2	$73K	Buy	+768	New	+$92.8K	﹤0.01%	2672

Other funds holding ADV

LGP

Leonard Green & Partners Los Angeles, California $2.77B AUM 3.28% 1-Year Est. Return

CMHI

CVC Management Holdings II St. Helier, Jersey $420M AUM 0.05% 1-Year Est. Return

Atairos Partners Bryn Mawr, Pennsylvania $35.2M AUM 32.88% 1-Year Est. Return

CastleKnight Management New York $6B AUM 121.87% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

BCI

Bain Capital Investors Boston, Massachusetts $3.27B AUM 3.23% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

State of Wisconsin Investment Board's ADV Position: Q3 2025 in Review

State of Wisconsin Investment Board sold out of Advantage Solutions (ADV) in Q3 2025, closing a stake of 4,424 shares — an estimated $146K sold.

State of Wisconsin Investment Board first reported a position in ADV in Q2 2022 and held it in 11 quarters. The position peaked at $819K in Q3 2024. 117 funds tracked by Wall St. Rank hold ADV as of Q3 2025.

State of Wisconsin Investment Board reported no remaining Advantage Solutions position as of Q3 2025 after selling out during the quarter.
State of Wisconsin Investment Board sold 4,424 Advantage Solutions shares in Q3 2025, an estimated $146K.
State of Wisconsin Investment Board first reported a position in Advantage Solutions in Q2 2022 and held it in 11 quarters.
State of Wisconsin Investment Board's Advantage Solutions position peaked at $819K in Q3 2024.
117 funds tracked by Wall St. Rank held Advantage Solutions as of Q3 2025.

Based on State of Wisconsin Investment Board's 13F filing for Q3 2025, filed 14 Nov 2025.