Advantage Solutions
ADV
101 hedge funds and large institutions have $224M invested in Advantage Solutions in 2023 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 7 closing their positions.
186% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 7
38% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 24
19% more capital invested
Capital invested by funds: $189M → $224M (+$35.5M)
13% more funds holding
Funds holding: 89 → 101 (+12)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.02% less ownership
Funds ownership: 0.99% → 0.97% (-0.02%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLC
Kent Lake Capital
Reno,
Nevada
|
+$1.95M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.94M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.52M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$980K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$964K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$11.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.76M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$357K |
| 4 |
Millennium Management
New York
|
-$345K |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$296K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIMCA
101
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$296K | -5,053 | Closed |
|
102
Jane Street
New York
| – | -$166K | -2,837 | Closed |
|
|
YIH
103
Y-Intercept (HK)
Hong Kong
| – | -$102K | -1,736 | Closed |
|
|
CSS
104
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$80.1K | -1,369 | Closed |
|
105
BNP Paribas Financial Markets
Paris,
France
| – | -$70.8K | -1,211 | Closed |
|
106
Point72 Asset Management
Stamford,
Connecticut
| – | -$11.8K | -202 | Closed |
|
|
PMEF
107
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$6.94K | -119 | Closed |
|
|
C
108
Covestor
London,
United Kingdom
| – | -$133 | -2 | -50% |
|
ADV Hedge Fund Activity: Q3 2023 in Review
101 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Advantage Solutions (ADV) for Q3 2023, worth a combined $224M — up 19% from $189M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new ADV positions and 7 closed out — a net gain of 13 holders — while 33 added to existing stakes and 24 trimmed.
The largest buyer was Kent Lake Capital, adding an estimated $1.95M. The largest seller was Baupost Group, cutting an estimated $11.9M.
- 101 institutional investors held Advantage Solutions (ADV) as of Q3 2023, up from 89 in Q2 2023.
- Funds reported $224M of Advantage Solutions stock for Q3 2023, up 19% quarter-over-quarter.
- 20 funds opened new Advantage Solutions positions in Q3 2023 and 7 closed out, a net change of +13 holders.
- The largest Advantage Solutions buyer in Q3 2023 was Kent Lake Capital, an estimated $1.95M added.
- The largest Advantage Solutions seller in Q3 2023 was Baupost Group, an estimated $11.9M sold.
Based on aggregated 13F filings for Q3 2023.