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Advantage Solutions

89 hedge funds and large institutions have $539M invested in Advantage Solutions in 2022 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 29 increasing their positions, 30 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

27% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 15

5% more funds holding

Funds holding: 8589 (+4)

6% more call options, than puts

Call options by funds: $93K | Put options by funds: $88K

0.03% more ownership

Funds ownership: 1.06%1.09% (+0.03%)

3% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 30

20% less capital invested

Capital invested by funds: $672M → $539M (-$133M)

Holders
89
Holders Change
+4
Holders Change %
+4.71%
% of All Funds
1.4%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
19
Increased
29
Reduced
30
Closed
15
Calls
$93K
Puts
$88K
Net Calls
+$5K
Net Calls Change
-$707K
Name Holding Trade Value Shares
Change
Change in
Stake
LGP
1
Leonard Green & Partners
California
$98.6M
BG
2
Baupost Group
Massachusetts
$74.3M -$1.07M -6,202 -1%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$74.2M +$33.8M +195,488 +73%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$55.5M +$152K +879 +0.3%
Vanguard Group
5
Vanguard Group
Pennsylvania
$49.6M +$432K +2,496 +0.8%
BlackRock
6
BlackRock
New York
$36M -$246K -1,423 -0.6%
PCM
7
Prentice Capital Management
Connecticut
$21.2M
BCI
8
Bain Capital Investors
Massachusetts
$18.4M
AC
9
Armistice Capital
New York
$15.3M +$3.49M +20,160 +27%
ClearBridge Investments
10
ClearBridge Investments
New York
$14.6M +$1.69M +9,792 +12%
RCMNY
11
Rubric Capital Management (New York)
New York
$12.1M
Janus Henderson Group
12
Janus Henderson Group
United Kingdom
$12M +$163K +939 +1%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$11.2M +$366K +2,114 +3%
State Street
14
State Street
Massachusetts
$10M +$453K +2,620 +4%
Northern Trust
15
Northern Trust
Illinois
$4.74M -$160K -927 -3%
Charles Schwab
16
Charles Schwab
California
$4.3M +$133K +770 +3%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$3.38M +$144K +834 +4%
AP
18
Atairos Partners
Pennsylvania
$3.13M +$13.7M +79,252 New
Bank of America
19
Bank of America
North Carolina
$2.28M +$497K +2,874 +25%
N
20
Nuveen
North Carolina
$1.93M -$7.85M -45,374 -79%
First Trust Advisors
21
First Trust Advisors
Illinois
$1.28M +$916K +5,294 +196%
Invesco
22
Invesco
Georgia
$1.05M +$866K +5,002 +315%
PAM
23
Panagora Asset Management
Massachusetts
$966K +$154K +892 +17%
Swiss National Bank
24
Swiss National Bank
Switzerland
$961K +$70.6K +408 +7%
Prudential Financial
25
Prudential Financial
New Jersey
$793K +$395K +2,284 +85%

ADV Hedge Fund Activity: Q1 2022 in Review

89 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Advantage Solutions (ADV) for Q1 2022, worth a combined $539M — down 20% from $672M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new ADV positions and 15 closed out — a net gain of 4 holders — while 29 added to existing stakes and 30 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $33.8M. The largest seller was Norges Bank, exiting entirely with an estimated $15.3M sold.

  • 89 institutional investors held Advantage Solutions (ADV) as of Q1 2022, up from 85 in Q4 2021.
  • Funds reported $539M of Advantage Solutions stock for Q1 2022, down 20% quarter-over-quarter.
  • 19 funds opened new Advantage Solutions positions in Q1 2022 and 15 closed out, a net change of +4 holders.
  • The largest Advantage Solutions buyer in Q1 2022 was Fidelity Investments, an estimated $33.8M added.
  • The largest Advantage Solutions seller in Q1 2022 was Norges Bank, an estimated $15.3M sold.

Based on aggregated 13F filings for Q1 2022.