Advantage Solutions
ADV
119 hedge funds and large institutions have $177M invested in Advantage Solutions in 2022 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 12 closing their positions.
233% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 12
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
31% more funds holding
Funds holding: 91 → 119 (+28)
0.02% less ownership
Funds ownership: 1.07% → 1.05% (-0.02%)
43% less capital invested
Capital invested by funds: $313M → $177M (-$135M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
72% less call options, than puts
Call options by funds: $21K | Put options by funds: $75K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$8.85M |
| 2 |
Morgan Stanley
New York
|
+$4.77M |
| 3 |
Millennium Management
New York
|
+$2.37M |
| 4 |
Citigroup
New York
|
+$2.32M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$29.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$15.8M |
| 3 |
ClearBridge Investments
New York
|
-$9.65M |
| 4 |
PCM
Prentice Capital Management
Greenwich,
Connecticut
|
-$7.6M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$4.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PCM
126
Penserra Capital Management
Orinda,
California
| – | -$15K | -168 | Closed |
|
|
PTC
127
Private Trust Company
Cleveland,
Ohio
| – | -$5K | -54 | Closed |
|
128
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$4K | -38 | Closed |
|
|
GRP
129
Global Retirement Partners
San Rafael,
California
| – | -$1K | -9 | Closed |
|
|
PA
130
Parallel Advisors
San Francisco,
California
| – | +$184 | +2 | +50% |
|
ADV Hedge Fund Activity: Q3 2022 in Review
119 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Advantage Solutions (ADV) for Q3 2022, worth a combined $177M — down 43% from $313M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new ADV positions and 12 closed out — a net gain of 28 holders — while 37 added to existing stakes and 24 trimmed.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $8.85M. The largest seller was T. Rowe Price Associates, cutting an estimated $29.1M.
- 119 institutional investors held Advantage Solutions (ADV) as of Q3 2022, up from 91 in Q2 2022.
- Funds reported $177M of Advantage Solutions stock for Q3 2022, down 43% quarter-over-quarter.
- 40 funds opened new Advantage Solutions positions in Q3 2022 and 12 closed out, a net change of +28 holders.
- The largest Advantage Solutions buyer in Q3 2022 was Bridgeway Capital Management, an estimated $8.85M added.
- The largest Advantage Solutions seller in Q3 2022 was T. Rowe Price Associates, an estimated $29.1M sold.
Based on aggregated 13F filings for Q3 2022.