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Advanced Drainage Systems

412 hedge funds and large institutions have $7.56B invested in Advanced Drainage Systems in 2023 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 151 increasing their positions, 139 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 36

34% more call options, than puts

Call options by funds: $19.5M | Put options by funds: $14.6M

8% more funds holding

Funds holding: 382412 (+30)

9% more repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 139

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

3% less capital invested

Capital invested by funds: $7.81B → $7.56B (-$249M)

3.11% less ownership

Funds ownership: 87.3%84.19% (-3.1%)

Holders
412
Holders Change
+30
Holders Change %
+7.85%
% of All Funds
6.54%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
69
Increased
151
Reduced
139
Closed
36
Calls
$19.5M
Puts
$14.6M
Net Calls
+$4.95M
Net Calls Change
+$153K
Name Holding Trade Value Shares
Change
Change in
Stake
VOYA Investment Management
76
VOYA Investment Management
Georgia
$15.5M -$2.17M -17,752 -12%
MAM
77
Montanaro Asset Management
United Kingdom
$14.6M -$2.87M -23,500 -15%
DPIM
78
Duff & Phelps Investment Management
Illinois
$14.3M -$1.83M -15,000 -11%
Fifth Third Bancorp
79
Fifth Third Bancorp
Ohio
$14.1M -$339K -2,776 -2%
California Public Employees Retirement System
80
California Public Employees Retirement System
California
$13.9M +$847K +6,937 +6%
AAB
81
ABN AMRO Bank
Netherlands
$13.7M -$670K -5,489 -4%
AM
82
AGF Management
Ontario, Canada
$13.3M +$59.2K +485 +0.4%
HSBC Holdings
83
HSBC Holdings
United Kingdom
$13.2M +$7.56M +61,900 +114%
Nordea Investment Management
84
Nordea Investment Management
Sweden
$12.9M +$420K +3,441 +3%
TAM
85
Thematics Asset Management
France
$12M -$1.95M -16,000 -13%
BBHC
86
Brown Brothers Harriman & Co
New York
$11.8M +$3.44M +28,183 +37%
T. Rowe Price Associates
87
T. Rowe Price Associates
Maryland
$11.8M +$1.01M +8,282 +9%
Balyasny Asset Management
88
Balyasny Asset Management
Illinois
$11.6M +$6.79M +55,647 +119%
Royal Bank of Canada
89
Royal Bank of Canada
Ontario, Canada
$11.4M -$86.9K -712 -0.7%
Victory Capital Management
90
Victory Capital Management
Texas
$11.3M +$748K +6,126 +7%
PCM
91
Peregrine Capital Management
Minnesota
$11.3M -$2.03M -16,640 -14%
AIG
92
American International Group
New York
$11.2M +$393K +3,220 +3%
BMO
93
Beck Mack & Oliver
New York
$11.1M -$3.4M -27,858 -22%
KCM
94
Kornitzer Capital Management
Kansas
$10.9M -$464K -3,800 -4%
IECM
95
Intrinsic Edge Capital Management
Illinois
$10.7M +$9.08M +74,368 +372%
Manulife (Manufacturers Life Insurance)
96
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$10.6M -$1.93M -15,813 -14%
AllianceBernstein
97
AllianceBernstein
Tennessee
$10.1M +$465K +3,808 +4%
Susquehanna International Group
98
Susquehanna International Group
Pennsylvania
$10M +$2.23M +18,235 +26%
Zurich Cantonal Bank
99
Zurich Cantonal Bank
Switzerland
$9.99M +$1.07M +8,775 +11%
Retirement Systems of Alabama
100
Retirement Systems of Alabama
Alabama
$9.84M +$715K +5,857 +7%

WMS Hedge Fund Activity: Q3 2023 in Review

412 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q3 2023, worth a combined $7.56B — down 3.2% from $7.81B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new WMS positions and 36 closed out — a net gain of 33 holders — while 151 added to existing stakes and 139 trimmed.

The largest buyer was BlackRock, adding an estimated $111M. The largest seller was Capital International Investors, cutting an estimated $257M.

  • 412 institutional investors held Advanced Drainage Systems (WMS) as of Q3 2023, up from 382 in Q2 2023.
  • Funds reported $7.56B of Advanced Drainage Systems stock for Q3 2023, down 3.2% quarter-over-quarter.
  • 69 funds opened new Advanced Drainage Systems positions in Q3 2023 and 36 closed out, a net change of +33 holders.
  • The largest Advanced Drainage Systems buyer in Q3 2023 was BlackRock, an estimated $111M added.
  • The largest Advanced Drainage Systems seller in Q3 2023 was Capital International Investors, an estimated $257M sold.

Based on aggregated 13F filings for Q3 2023.