Advantage Solutions
ADV
108 hedge funds and large institutions have $134M invested in Advantage Solutions in 2025 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 38 reducing their positions, and 26 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
0.02% less ownership
Funds ownership: 1.28% → 1.25% (-0.02%)
7% less funds holding
Funds holding: 116 → 108 (-8)
13% less capital invested
Capital invested by funds: $155M → $134M (-$20.7M)
21% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 38
27% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
CastleKnight Management
New York
|
+$3.23M |
| 2 |
Charles Schwab
San Francisco,
California
|
+$939K |
| 3 |
Millennium Management
New York
|
+$795K |
| 4 |
Morgan Stanley
New York
|
+$448K |
| 5 |
CCM
Contrarian Capital Management
Greenwich,
Connecticut
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$1.5M |
| 2 |
BlackRock
New York
|
-$1.11M |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$709K |
| 4 |
UBS AM
Chicago,
Illinois
|
-$417K |
| 5 |
Goldman Sachs
New York
|
-$371K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EI
126
Ethic Inc
New York
| – | -$18.6K | -525 | Closed |
|
127
Pictet Asset Management
Carouge,
Switzerland
| – | -$18.3K | -485 | Closed |
|
128
Marshall Wace
London,
United Kingdom
| – | -$18.3K | -484 | Closed |
|
129
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$12K | -317 | Closed |
|
|
BIG
130
Brooklyn Investment Group
Brooklyn,
New York
| – | -$1.09K | -29 | Closed |
|
|
FFA
131
Farther Finance Advisors
San Francisco,
California
| – | -$1.03K | -29 | Closed |
|
|
C
132
Covestor
London,
United Kingdom
| – | -$231 | -7 | -70% |
|
|
CA
133
CoreCap Advisors
Southfield,
Michigan
| – | -$181 | -5 | Closed |
|
|
MPWT
134
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$92 | -2 | Closed |
|
|
TWD
135
True Wealth Design
Akron,
Ohio
| – | -$49 | -1 | Closed |
|
ADV Hedge Fund Activity: Q2 2025 in Review
108 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Advantage Solutions (ADV) for Q2 2025, worth a combined $134M — down 13% from $155M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of ADV and 19 opened new positions — a net loss of 7 holders — while 38 trimmed existing stakes and 30 added.
The largest buyer was CastleKnight Management, adding an estimated $3.23M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $1.5M.
- 108 institutional investors held Advantage Solutions (ADV) as of Q2 2025, down from 116 in Q1 2025.
- Funds reported $134M of Advantage Solutions stock for Q2 2025, down 13% quarter-over-quarter.
- 19 funds opened new Advantage Solutions positions in Q2 2025 and 26 closed out, a net change of -7 holders.
- The largest Advantage Solutions buyer in Q2 2025 was CastleKnight Management, an estimated $3.23M added.
- The largest Advantage Solutions seller in Q2 2025 was T. Rowe Price Investment Management, an estimated $1.5M sold.
Based on aggregated 13F filings for Q2 2025.