Advantage Solutions
ADV
103 hedge funds and large institutions have $129M invested in Advantage Solutions in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 38 increasing their positions, 36 reducing their positions, and 21 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
6% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 36
0.03% less ownership
Funds ownership: 1.05% → 1.02% (-0.03%)
9% less funds holding
Funds holding: 113 → 103 (-10)
25% less capital invested
Capital invested by funds: $173M → $129M (-$44M)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Atairos Partners
Bryn Mawr,
Pennsylvania
|
+$4.47M |
| 2 |
CM
CastleKnight Management
New York
|
+$1.74M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$1.49M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$590K |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$322K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$4.53M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.42M |
| 3 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$749K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$680K |
| 5 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
-$533K |
ADV Hedge Fund Activity: Q1 2023 in Review
103 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Advantage Solutions (ADV) for Q1 2023, worth a combined $129M — down 25% from $173M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of ADV and 11 opened new positions — a net loss of 10 holders — while 36 trimmed existing stakes and 38 added.
The largest buyer was Atairos Partners, opening a new position worth an estimated $4.47M. The largest seller was Goldman Sachs, cutting an estimated $4.53M.
- 103 institutional investors held Advantage Solutions (ADV) as of Q1 2023, down from 113 in Q4 2022.
- Funds reported $129M of Advantage Solutions stock for Q1 2023, down 25% quarter-over-quarter.
- 11 funds opened new Advantage Solutions positions in Q1 2023 and 21 closed out, a net change of -10 holders.
- The largest Advantage Solutions buyer in Q1 2023 was Atairos Partners, an estimated $4.47M added.
- The largest Advantage Solutions seller in Q1 2023 was Goldman Sachs, an estimated $4.53M sold.
Based on aggregated 13F filings for Q1 2023.