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Advanced Drainage Systems

492 hedge funds and large institutions have $10.7B invested in Advanced Drainage Systems in 2024 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 168 increasing their positions, 169 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

382% more call options, than puts

Call options by funds: $80.2M | Put options by funds: $16.7M

194% more first-time investments, than exits

New positions opened: 103 | Existing positions closed: 35

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

16% more funds holding

Funds holding: 425492 (+67)

15% more capital invested

Capital invested by funds: $9.26B → $10.7B (+$1.4B)

1% less repeat investments, than reductions

Existing positions increased: 168 | Existing positions reduced: 169

4.49% less ownership

Funds ownership: 84.51%80.02% (-4.5%)

Holders
492
Holders Change
+67
Holders Change %
+15.76%
% of All Funds
7.09%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.07%
New
103
Increased
168
Reduced
169
Closed
35
Calls
$80.2M
Puts
$16.7M
Net Calls
+$63.6M
Net Calls Change
+$30.1M
Name Holding Trade Value Shares
Change
Change in
Stake
TIM
26
Triodos Investment Management
Netherlands
$84.9M -$2.17M -14,400 -3%
Mitsubishi UFJ Trust & Banking
27
Mitsubishi UFJ Trust & Banking
Japan
$84.8M -$7.88M -52,361 -10%
Charles Schwab
28
Charles Schwab
California
$81.8M +$615K +4,086 +0.9%
Corient Private Wealth
29
Corient Private Wealth
Florida
$77.4M +$98.5K +654 +0.1%
Wellington Management Group
30
Wellington Management Group
Massachusetts
$76.2M -$18.9M -125,299 -22%
Aberdeen Group
31
Aberdeen Group
United Kingdom
$69.6M +$4.01M +26,624 +7%
Stifel Financial
32
Stifel Financial
Missouri
$65.4M +$2.85M +18,940 +5%
Bank of America
33
Bank of America
North Carolina
$65.2M +$6.92M +45,940 +14%
Fidelity International
34
Fidelity International
Bermuda
$65M -$478K -3,175 -0.8%
Allianz Asset Management
35
Allianz Asset Management
Germany
$62M +$30.9M +205,217 +133%
Federated Hermes
36
Federated Hermes
Pennsylvania
$58.6M -$57.7K -383 -0.1%
PNC Financial Services Group
37
PNC Financial Services Group
Pennsylvania
$54M -$12.6M -83,993 -21%
CS
38
Credit Suisse
Switzerland
$50.8M -$6M -39,871 -12%
Allspring Global Investments
39
Allspring Global Investments
North Carolina
$49.9M -$3.05M -20,267 -7%
MC
40
MIG Capital
California
$45M -$9.08M -60,326 -19%
Principal Financial Group
41
Principal Financial Group
Iowa
$44.5M +$578K +3,836 +2%
DCM
42
Driehaus Capital Management
Illinois
$43.8M +$7.73M +51,336 +25%
VNIM
43
Vaughan Nelson Investment Management
Texas
$43.7M -$12.5M -82,730 -25%
JP Morgan Chase
44
JP Morgan Chase
New York
$41.1M -$71.7M -476,389 -67%
AAMU
45
AEGON Asset Management (UK)
United Kingdom
$38.8M -$535K -3,555 -2%
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$36.8M -$642K -4,267 -2%
CRM
47
Cramer Rosenthal McGlynn
Connecticut
$35.4M -$4.48M -29,745 -13%
AM
48
AGF Management
Ontario, Canada
$34.5M +$5M +33,179 +20%
Axa
49
Axa
France
$34.4M +$7.54M +50,080 +33%
RG
50
Rathbones Group
United Kingdom
$34.2M -$328K -2,179 -1%

WMS Hedge Fund Activity: Q1 2024 in Review

492 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q1 2024, worth a combined $10.7B — up 15% from $9.26B a quarter earlier.

Buyers outnumbered sellers: 103 funds opened new WMS positions and 35 closed out — a net gain of 68 holders — while 168 added to existing stakes and 169 trimmed.

The largest buyer was Vanguard Group, adding an estimated $59.5M. The largest seller was Swedbank, exiting entirely with an estimated $188M sold.

  • 492 institutional investors held Advanced Drainage Systems (WMS) as of Q1 2024, up from 425 in Q4 2023.
  • Funds reported $10.7B of Advanced Drainage Systems stock for Q1 2024, up 15% quarter-over-quarter.
  • 103 funds opened new Advanced Drainage Systems positions in Q1 2024 and 35 closed out, a net change of +68 holders.
  • The largest Advanced Drainage Systems buyer in Q1 2024 was Vanguard Group, an estimated $59.5M added.
  • The largest Advanced Drainage Systems seller in Q1 2024 was Swedbank, an estimated $188M sold.

Based on aggregated 13F filings for Q1 2024.