Advanced Drainage Systems
99 hedge funds and large institutions have $927M invested in Advanced Drainage Systems in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 27 reducing their positions, and 15 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 27
1.36% less ownership
Funds ownership: 71.6% → 70.24% (-1.4%)
3% less funds holding
Funds holding: 102 → 99 (-3)
13% less capital invested
Capital invested by funds: $1.06B → $927M (-$136M)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.02M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$27.1M |
| 2 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
+$18.2M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$10.5M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.3M |
| 5 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
+$6.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$31.6M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$20.3M |
| 3 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$18.7M |
| 4 |
SP
Stockbridge Partners
Boston,
Massachusetts
|
-$12.3M |
| 5 |
ZC
Zelman Capital
Beachwood,
Ohio
|
-$9.67M |
WMS Hedge Fund Activity: Q3 2016 in Review
99 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q3 2016, worth a combined $927M — down 13% from $1.06B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of WMS and 13 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 41 added.
The largest buyer was Pictet Asset Management (UK), adding an estimated $27.1M. The largest seller was Neuberger Berman Group, exiting entirely with an estimated $31.6M sold.
- 99 institutional investors held Advanced Drainage Systems (WMS) as of Q3 2016, down from 102 in Q2 2016.
- Funds reported $927M of Advanced Drainage Systems stock for Q3 2016, down 13% quarter-over-quarter.
- 13 funds opened new Advanced Drainage Systems positions in Q3 2016 and 15 closed out, a net change of -2 holders.
- The largest Advanced Drainage Systems buyer in Q3 2016 was Pictet Asset Management (UK), an estimated $27.1M added.
- The largest Advanced Drainage Systems seller in Q3 2016 was Neuberger Berman Group, an estimated $31.6M sold.
Based on aggregated 13F filings for Q3 2016.