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Advanced Drainage Systems

350 hedge funds and large institutions have $5.75B invested in Advanced Drainage Systems in 2023 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 140 increasing their positions, 106 reducing their positions, and 79 closing their positions.

New
Increased
Maintained
Reduced
Closed

32% more repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 106

21% more call options, than puts

Call options by funds: $10.7M | Put options by funds: $8.81M

6% more capital invested

Capital invested by funds: $5.4B → $5.75B (+$344M)

3.74% more ownership

Funds ownership: 80.3%84.04% (+3.7%)

5% less funds holding

Funds holding: 367350 (-17)

16% less first-time investments, than exits

New positions opened: 66 | Existing positions closed: 79

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
350
Holders Change
-17
Holders Change %
-4.63%
% of All Funds
5.58%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
66
Increased
140
Reduced
106
Closed
79
Calls
$10.7M
Puts
$8.81M
Net Calls
+$1.87M
Net Calls Change
+$4.15M
Name Holding Trade Value Shares
Change
Change in
Stake
GWS
326
Glassman Wealth Services
Virginia
$3.79K +$264 +3 +7%
PFBT
327
Parkside Financial Bank & Trust
Missouri
$3.2K
JWA
328
JFS Wealth Advisors
Pennsylvania
$3.2K +$1.5K +17 +81%
CFGS
329
Concourse Financial Group Securities
Alabama
$2.53K +$2.64K +30 New
QC
330
Quent Capital
New York
$2.44K
WTA
331
Washington Trust Advisors
Massachusetts
$2.19K
SC
332
Schubert & Co
Texas
$2.19K +$616 +7 +37%
PA
333
Parallel Advisors
California
$2.03K -$1.5K -17 -41%
FFA
334
Farther Finance Advisors
California
$2.02K
ASN
335
Advisory Services Network
Georgia
$1.85K +$1.58K +18 +450%
CTC
336
Central Trust Company
Missouri
$1.69K
LC
337
Lindbrook Capital
California
$1.6K -$1.41K -16 -46%
AF
338
Allworth Financial
California
$1.6K +$616 +7 +58%
FMII
339
Farmers & Merchants Investments Inc
Nebraska
$1.26K +$1.32K +15 New
PTC
340
Private Trust Company
Ohio
$1.09K +$1.06K +12 +1,200%
SIC
341
SJS Investment Consulting
Ohio
$1.01K
DI
342
Disciplined Investments
Oklahoma
$1.01K +$352 +4 +50%
MPWT
343
MassMutual Private Wealth & Trust
Connecticut
$1.01K +$1.06K +12 New
SFG
344
Steward Financial Group
Texas
$1K -$528 -6 -33%
BTI
345
Blue Trust Inc
Georgia
$1K
SWA
346
Sutton Wealth Advisors
Florida
$926
Commonwealth Equity Services
347
Commonwealth Equity Services
Massachusetts
$911 +$252K +2,866 +36%
BIA
348
Bell Investment Advisors
California
$506 +$528 +6 New
AF
349
Advisornet Financial
Minnesota
$505 -$792 -9 -60%
TWA
350
TCI Wealth Advisors
Arizona
$422 +$264 +3 +150%

WMS Hedge Fund Activity: Q1 2023 in Review

350 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q1 2023, worth a combined $5.75B — up 6.4% from $5.4B a quarter earlier.

Sellers outnumbered buyers: 79 funds closed out of WMS and 66 opened new positions — a net loss of 13 holders — while 106 trimmed existing stakes and 140 added.

The largest buyer was BlackRock, adding an estimated $254M. The largest seller was Berkshire Partners, exiting entirely with an estimated $150M sold.

  • 350 institutional investors held Advanced Drainage Systems (WMS) as of Q1 2023, down from 367 in Q4 2022.
  • Funds reported $5.75B of Advanced Drainage Systems stock for Q1 2023, up 6.4% quarter-over-quarter.
  • 66 funds opened new Advanced Drainage Systems positions in Q1 2023 and 79 closed out, a net change of -13 holders.
  • The largest Advanced Drainage Systems buyer in Q1 2023 was BlackRock, an estimated $254M added.
  • The largest Advanced Drainage Systems seller in Q1 2023 was Berkshire Partners, an estimated $150M sold.

Based on aggregated 13F filings for Q1 2023.