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Advantage Solutions

85 hedge funds and large institutions have $672M invested in Advantage Solutions in 2021 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 32 increasing their positions, 24 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 24

11% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 18

2% more funds holding

Funds holding: 8385 (+2)

0.04% less ownership

Funds ownership: 1.1%1.06% (-0.04%)

11% less capital invested

Capital invested by funds: $754M → $672M (-$81.2M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
85
Holders Change
+2
Holders Change %
+2.41%
% of All Funds
1.31%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
20
Increased
32
Reduced
24
Closed
18
Calls
$712K
Puts
Net Calls
+$712K
Net Calls Change
-$1.65M
Name Holding Trade Value Shares
Change
Change in
Stake
LGP
1
Leonard Green & Partners
California
$124M
BG
2
Baupost Group
Massachusetts
$95.5M
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$69.6M -$1.45M -7,051 -2%
Vanguard Group
4
Vanguard Group
Pennsylvania
$61.9M +$916K +4,456 +1%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$54M +$22.6M +109,823 +69%
BlackRock
6
BlackRock
New York
$45.6M +$228K +1,110 +0.5%
PCM
7
Prentice Capital Management
Connecticut
$26.7M
BCI
8
Bain Capital Investors
Massachusetts
$23.2M
ClearBridge Investments
9
ClearBridge Investments
New York
$16.4M +$649K +3,159 +4%
Norges Bank
10
Norges Bank
Norway
$15.3M -$7.37M -35,855 -32%
AC
11
Armistice Capital
New York
$15.2M +$197K +960 +1%
RCMNY
12
Rubric Capital Management (New York)
New York
$15.2M +$411K +2,000 +3%
Janus Henderson Group
13
Janus Henderson Group
United Kingdom
$14.9M +$38.4K +187 +0.3%
WCM
14
Woodson Capital Management
Connecticut
$14.4M -$10.1M -49,324 -41%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$13.7M -$303K -1,472 -2%
State Street
16
State Street
Massachusetts
$12M +$674K +3,281 +6%
N
17
Nuveen
North Carolina
$10.8M -$4.61M -22,448 -28%
Northern Trust
18
Northern Trust
Illinois
$6.14M +$133K +648 +2%
Charles Schwab
19
Charles Schwab
California
$5.25M +$38.2K +186 +0.7%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$4.08M +$1.76M +8,538 +72%
Alyeska Investment Group
21
Alyeska Investment Group
Illinois
$3.61M -$14.3M -69,624 -79%
Allspring Global Investments
22
Allspring Global Investments
North Carolina
$2.43M +$2.49M +12,131 New
Bank of America
23
Bank of America
North Carolina
$2.29M +$1.24M +6,027 +112%
EIM
24
Essex Investment Management
Massachusetts
$1.45M -$48.9K -238 -3%
Los Angeles Capital Management
25
Los Angeles Capital Management
California
$1.44M -$68.7K -334 -4%

ADV Hedge Fund Activity: Q4 2021 in Review

85 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Advantage Solutions (ADV) for Q4 2021, worth a combined $672M — down 11% from $754M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new ADV positions and 18 closed out — a net gain of 2 holders — while 32 added to existing stakes and 24 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $22.6M. The largest seller was Alyeska Investment Group, cutting an estimated $14.3M.

  • 85 institutional investors held Advantage Solutions (ADV) as of Q4 2021, up from 83 in Q3 2021.
  • Funds reported $672M of Advantage Solutions stock for Q4 2021, down 11% quarter-over-quarter.
  • 20 funds opened new Advantage Solutions positions in Q4 2021 and 18 closed out, a net change of +2 holders.
  • The largest Advantage Solutions buyer in Q4 2021 was Fidelity Investments, an estimated $22.6M added.
  • The largest Advantage Solutions seller in Q4 2021 was Alyeska Investment Group, an estimated $14.3M sold.

Based on aggregated 13F filings for Q4 2021.