Advantage Solutions
ADV
56 hedge funds and large institutions have $1.11B invested in Advantage Solutions in 2020 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 43 closing their positions.
6,153% more call options, than puts
Call options by funds: $2.5M | Put options by funds: $40K
262% more capital invested
Capital invested by funds: $308M → $1.11B (+$807M)
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
10% less funds holding
Funds holding: 62 → 56 (-6)
14% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 43
40.66% less ownership
Funds ownership: 67.31% → 26.65% (-41%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LGP
Leonard Green & Partners
Los Angeles,
California
|
+$163M |
| 2 |
BG
Baupost Group
Boston,
Massachusetts
|
+$131M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$84.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$73.8M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$73.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$35.9M |
| 2 |
JGC
J. Goldman & Co
New York
|
-$29.3M |
| 3 |
Millennium Management
New York
|
-$26.3M |
| 4 |
DKCM
Davidson Kempner Capital Management
New York
|
-$18.3M |
| 5 |
GL
Governors Lane
New York
|
-$17.4M |
ADV Hedge Fund Activity: Q4 2020 in Review
56 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Advantage Solutions (ADV) for Q4 2020, worth a combined $1.11B — up 262% from $308M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of ADV and 37 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Leonard Green & Partners, opening a new position worth an estimated $163M. The largest seller was TD Asset Management, cutting an estimated $35.9M.
- 56 institutional investors held Advantage Solutions (ADV) as of Q4 2020, down from 62 in Q3 2020.
- Funds reported $1.11B of Advantage Solutions stock for Q4 2020, up 262% quarter-over-quarter.
- 37 funds opened new Advantage Solutions positions in Q4 2020 and 43 closed out, a net change of -6 holders.
- The largest Advantage Solutions buyer in Q4 2020 was Leonard Green & Partners, an estimated $163M added.
- The largest Advantage Solutions seller in Q4 2020 was TD Asset Management, an estimated $35.9M sold.
Based on aggregated 13F filings for Q4 2020.