Advantage Solutions
ADV
113 hedge funds and large institutions have $173M invested in Advantage Solutions in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 44 increasing their positions, 38 reducing their positions, and 20 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less ownership
Funds ownership: 1.05% → 1.05% (-0%)
2% less capital invested
Capital invested by funds: $177M → $173M (-$4M)
5% less funds holding
Funds holding: 119 → 113 (-6)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.15M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.89M |
| 3 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$1.59M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.56M |
| 5 |
CM
CastleKnight Management
New York
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$3.84M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.02M |
| 3 |
Morgan Stanley
New York
|
-$2.4M |
| 4 |
BG
Baupost Group
Boston,
Massachusetts
|
-$2.11M |
| 5 |
Millennium Management
New York
|
-$2.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Teacher Retirement System of Texas
Austin,
Texas
| – | -$25K | -461 | Closed |
|
|
GCM
127
Gladius Capital Management
Chicago,
Illinois
| – | -$23K | -431 | Closed |
|
|
E
128
Ergoteles
New York
| – | -$22K | -420 | Closed |
|
|
RTC
129
Riverview Trust Company
Vancouver,
Washington
| – | -$9K | -172 | Closed |
|
|
UB
130
UMB Bank
Kansas City,
Missouri
| – | -$9K | -161 | Closed |
|
|
AIP
131
Almanack Investment Partners
Wayne,
Pennsylvania
| – | -$1K | -12 | Closed |
|
132
Simplex Trading
Chicago,
Illinois
| – | +$377 | +6 | New |
|
ADV Hedge Fund Activity: Q4 2022 in Review
113 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Advantage Solutions (ADV) for Q4 2022, worth a combined $173M — down 2.3% from $177M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of ADV and 15 opened new positions — a net loss of 5 holders — while 38 trimmed existing stakes and 44 added.
The largest buyer was Goldman Sachs, adding an estimated $5.15M. The largest seller was Rubric Capital Management (New York), cutting an estimated $3.84M.
- 113 institutional investors held Advantage Solutions (ADV) as of Q4 2022, down from 119 in Q3 2022.
- Funds reported $173M of Advantage Solutions stock for Q4 2022, down 2.3% quarter-over-quarter.
- 15 funds opened new Advantage Solutions positions in Q4 2022 and 20 closed out, a net change of -5 holders.
- The largest Advantage Solutions buyer in Q4 2022 was Goldman Sachs, an estimated $5.15M added.
- The largest Advantage Solutions seller in Q4 2022 was Rubric Capital Management (New York), an estimated $3.84M sold.
Based on aggregated 13F filings for Q4 2022.