Advantage Solutions
ADV
62 hedge funds and large institutions have $308M invested in Advantage Solutions in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 9 closing their positions.
233% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 9
51% more funds holding
Funds holding: 41 → 62 (+21)
17% more capital invested
Capital invested by funds: $262M → $308M (+$45.5M)
14.49% more ownership
Funds ownership: 52.82% → 67.31% (+14%)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$29.2M |
| 2 |
JGC
J. Goldman & Co
New York
|
+$24.3M |
| 3 |
SC
Sculptor Capital
New York
|
+$10.8M |
| 4 |
Millennium Management
New York
|
+$9.97M |
| 5 |
RCM
Ratan Capital Management
Miami Beach,
Florida
|
+$9.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
LH Capital Markets
New York
|
-$25.4M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$21.3M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
-$9.52M |
| 4 |
GL
Governors Lane
New York
|
-$7.89M |
| 5 |
SRCM
Sage Rock Capital Management
New York
|
-$3.43M |
ADV Hedge Fund Activity: Q3 2020 in Review
62 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Advantage Solutions (ADV) for Q3 2020, worth a combined $308M — up 17% from $262M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new ADV positions and 9 closed out — a net gain of 21 holders — while 11 added to existing stakes and 14 trimmed.
The largest buyer was Woodson Capital Management, opening a new position worth an estimated $29.2M. The largest seller was LH Capital Markets, exiting entirely with an estimated $25.4M sold.
- 62 institutional investors held Advantage Solutions (ADV) as of Q3 2020, up from 41 in Q2 2020.
- Funds reported $308M of Advantage Solutions stock for Q3 2020, up 17% quarter-over-quarter.
- 30 funds opened new Advantage Solutions positions in Q3 2020 and 9 closed out, a net change of +21 holders.
- The largest Advantage Solutions buyer in Q3 2020 was Woodson Capital Management, an estimated $29.2M added.
- The largest Advantage Solutions seller in Q3 2020 was LH Capital Markets, an estimated $25.4M sold.
Based on aggregated 13F filings for Q3 2020.