Advantage Solutions
ADV
89 hedge funds and large institutions have $539M invested in Advantage Solutions in 2022 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 29 increasing their positions, 30 reducing their positions, and 15 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 15
5% more funds holding
Funds holding: 85 → 89 (+4)
6% more call options, than puts
Call options by funds: $93K | Put options by funds: $88K
0.03% more ownership
Funds ownership: 1.06% → 1.09% (+0.03%)
3% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 30
20% less capital invested
Capital invested by funds: $672M → $539M (-$133M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$33.8M |
| 2 |
AC
Armistice Capital
New York
|
+$3.49M |
| 3 |
ClearBridge Investments
New York
|
+$1.69M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$916K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$866K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$15.3M |
| 2 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
-$14.4M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$7.85M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$3.61M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFGIA
101
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$1K | -4 | Closed |
|
|
C
102
Covestor
London,
United Kingdom
| – | -$173 | -1 | -33% |
|
103
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | – | – |
|
ADV Hedge Fund Activity: Q1 2022 in Review
89 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Advantage Solutions (ADV) for Q1 2022, worth a combined $539M — down 20% from $672M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ADV positions and 15 closed out — a net gain of 4 holders — while 29 added to existing stakes and 30 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $33.8M. The largest seller was Norges Bank, exiting entirely with an estimated $15.3M sold.
- 89 institutional investors held Advantage Solutions (ADV) as of Q1 2022, up from 85 in Q4 2021.
- Funds reported $539M of Advantage Solutions stock for Q1 2022, down 20% quarter-over-quarter.
- 19 funds opened new Advantage Solutions positions in Q1 2022 and 15 closed out, a net change of +4 holders.
- The largest Advantage Solutions buyer in Q1 2022 was Fidelity Investments, an estimated $33.8M added.
- The largest Advantage Solutions seller in Q1 2022 was Norges Bank, an estimated $15.3M sold.
Based on aggregated 13F filings for Q1 2022.