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Advantage Solutions

111 hedge funds and large institutions have $346M invested in Advantage Solutions in 2023 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 52 increasing their positions, 22 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

136% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 22

100% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 10

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

55% more capital invested

Capital invested by funds: $224M → $346M (+$122M)

10% more funds holding

Funds holding: 101111 (+10)

0.2% more ownership

Funds ownership: 0.97%1.17% (+0.2%)

Holders
111
Holders Change
+10
Holders Change %
+9.9%
% of All Funds
1.62%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.07%
New
20
Increased
52
Reduced
22
Closed
10
Calls
$1.81M
Puts
Net Calls
+$1.81M
Net Calls Change
+$1.77M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
51
JP Morgan Chase
New York
$369K +$121K +1,697 +71%
California State Teachers Retirement System (CalSTRS)
52
California State Teachers Retirement System (CalSTRS)
California
$365K -$11.7K -165 -4%
AllianceBernstein
53
AllianceBernstein
Tennessee
$337K +$2.7K +38 +1%
American Century Companies
54
American Century Companies
Missouri
$330K +$121K +1,696 +87%
VOYA Investment Management
55
VOYA Investment Management
Georgia
$308K -$6.75K -95 -3%
CS
56
Credit Suisse
Switzerland
$307K +$25.2K +354 +12%
Allspring Global Investments
57
Allspring Global Investments
North Carolina
$306K -$123K -1,730 -34%
Ameriprise
58
Ameriprise
Minnesota
$277K +$218K +3,066 New
B
59
Bailard
California
$275K -$19.3K -272 -8%
SO
60
STRS Ohio
Ohio
$268K -$40.1K -564 -16%
Two Sigma Advisers
61
Two Sigma Advisers
New York
$262K +$165K +2,316 +402%
Wells Fargo
62
Wells Fargo
California
$249K +$15.1K +212 +8%
Deutsche Bank
63
Deutsche Bank
Germany
$227K -$6.68K -94 -4%
SPS
64
Susquehanna Portfolio Strategies
Pennsylvania
$206K +$162K +2,280 New
AG
65
Algert Global
California
$202K
Verition Fund Management
66
Verition Fund Management
Connecticut
$191K +$46.9K +660 +46%
SG Americas Securities
67
SG Americas Securities
New York
$178K +$28.8K +405 +26%
MIM
68
MetLife Investment Management
New Jersey
$174K
AIG
69
American International Group
New York
$156K -$498 -7 -0.4%
Manulife (Manufacturers Life Insurance)
70
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$141K -$5.69K -80 -5%
Zurich Cantonal Bank
71
Zurich Cantonal Bank
Switzerland
$137K +$31.9K +448 +42%
New York State Common Retirement Fund
72
New York State Common Retirement Fund
New York
$134K +$80.2K +1,128 +323%
OAM
73
Oppenheimer Asset Management
New York
$124K +$97.5K +1,372 New
PCM
74
Prelude Capital Management
New York
$124K +$58.3K +820 +149%
ASRS
75
Arizona State Retirement System
Arizona
$98.5K -$1.35K -19 -2%

ADV Hedge Fund Activity: Q4 2023 in Review

111 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Advantage Solutions (ADV) for Q4 2023, worth a combined $346M — up 55% from $224M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new ADV positions and 10 closed out — a net gain of 10 holders — while 52 added to existing stakes and 22 trimmed.

The largest buyer was Atairos Partners, adding an estimated $6.46M. The largest seller was Baupost Group, exiting entirely with an estimated $17.5M sold.

  • 111 institutional investors held Advantage Solutions (ADV) as of Q4 2023, up from 101 in Q3 2023.
  • Funds reported $346M of Advantage Solutions stock for Q4 2023, up 55% quarter-over-quarter.
  • 20 funds opened new Advantage Solutions positions in Q4 2023 and 10 closed out, a net change of +10 holders.
  • The largest Advantage Solutions buyer in Q4 2023 was Atairos Partners, an estimated $6.46M added.
  • The largest Advantage Solutions seller in Q4 2023 was Baupost Group, an estimated $17.5M sold.

Based on aggregated 13F filings for Q4 2023.