Advanced Drainage Systems
425 hedge funds and large institutions have $9.26B invested in Advanced Drainage Systems in 2023 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 137 increasing their positions, 170 reducing their positions, and 48 closing their positions.
179% more call options, than puts
Call options by funds: $52.1M | Put options by funds: $18.7M
40% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 48
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more capital invested
Capital invested by funds: $7.56B → $9.26B (+$1.69B)
3% more funds holding
Funds holding: 412 → 425 (+13)
0.31% more ownership
Funds ownership: 84.19% → 84.51% (+0.31%)
19% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 170
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$94.6M |
| 2 |
Pictet Asset Management
Carouge,
Switzerland
|
+$51.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$35.4M |
| 4 |
NAM
Nissay Asset Management
Tokyo,
Japan
|
+$34.2M |
| 5 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$28.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$77.6M |
| 2 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
-$63.2M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
-$44.1M |
| 4 |
Impax Asset Management Group
London,
United Kingdom
|
-$37.3M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$32M |
WMS Hedge Fund Activity: Q4 2023 in Review
425 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q4 2023, worth a combined $9.26B — up 22% from $7.56B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new WMS positions and 48 closed out — a net gain of 19 holders — while 137 added to existing stakes and 170 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $94.6M. The largest seller was Citadel Advisors, cutting an estimated $77.6M.
- 425 institutional investors held Advanced Drainage Systems (WMS) as of Q4 2023, up from 412 in Q3 2023.
- Funds reported $9.26B of Advanced Drainage Systems stock for Q4 2023, up 22% quarter-over-quarter.
- 67 funds opened new Advanced Drainage Systems positions in Q4 2023 and 48 closed out, a net change of +19 holders.
- The largest Advanced Drainage Systems buyer in Q4 2023 was Morgan Stanley, an estimated $94.6M added.
- The largest Advanced Drainage Systems seller in Q4 2023 was Citadel Advisors, an estimated $77.6M sold.
Based on aggregated 13F filings for Q4 2023.