Advantage Solutions
ADV
68 hedge funds and large institutions have $995M invested in Advantage Solutions in 2021 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 10 closing their positions.
2,440% more call options, than puts
Call options by funds: $5.11M | Put options by funds: $201K
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
21% more funds holding
Funds holding: 56 → 68 (+12)
0% less ownership
Funds ownership: 1.07% → 1.06% (-0%)
11% less capital invested
Capital invested by funds: $1.11B → $995M (-$120M)
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
+$18M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$14.7M |
| 3 |
Millennium Management
New York
|
+$10.7M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$10.4M |
| 5 |
AC
Armistice Capital
New York
|
+$9.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$23.5M |
| 2 |
SIG
Senator Investment Group
New York
|
-$20.6M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$10.5M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$10M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$8.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
UBS Group
Zurich,
Switzerland
| – | -$4K | -13 | Closed |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | -$4K | -12 | Closed |
|
|
FFG
78
Fortem Financial Group
Palm Desert,
California
| – | -$1K | -2 | Closed |
|
ADV Hedge Fund Activity: Q1 2021 in Review
68 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Advantage Solutions (ADV) for Q1 2021, worth a combined $995M — down 11% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new ADV positions and 10 closed out — a net gain of 12 holders — while 16 added to existing stakes and 19 trimmed.
The largest buyer was Rubric Capital Management (New York), opening a new position worth an estimated $18M. The largest seller was Norges Bank, cutting an estimated $23.5M.
- 68 institutional investors held Advantage Solutions (ADV) as of Q1 2021, up from 56 in Q4 2020.
- Funds reported $995M of Advantage Solutions stock for Q1 2021, down 11% quarter-over-quarter.
- 22 funds opened new Advantage Solutions positions in Q1 2021 and 10 closed out, a net change of +12 holders.
- The largest Advantage Solutions buyer in Q1 2021 was Rubric Capital Management (New York), an estimated $18M added.
- The largest Advantage Solutions seller in Q1 2021 was Norges Bank, an estimated $23.5M sold.
Based on aggregated 13F filings for Q1 2021.