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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.

New
Increased
Maintained
Reduced
Closed

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: 34 (+1)

22% more capital invested

Capital invested by funds: $7.56B → $9.26B (+$1.69B)

3% more funds holding

Funds holding: 412425 (+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

Holders
425
Holders Change
+13
Holders Change %
+3.16%
% of All Funds
6.2%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.06%
New
67
Increased
137
Reduced
170
Closed
48
Calls
$52.1M
Puts
$18.7M
Net Calls
+$33.5M
Net Calls Change
+$28.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Artisan Partners
76
Artisan Partners
Wisconsin
$18.9M -$680K -5,643 -4%
California Public Employees Retirement System
77
California Public Employees Retirement System
California
$17.9M +$586K +4,859 +4%
Fifth Third Bancorp
78
Fifth Third Bancorp
Ohio
$17.4M -$13.1K -109 -0.1%
New York State Common Retirement Fund
79
New York State Common Retirement Fund
New York
$17.2M -$2.3M -19,117 -14%
HSBC Holdings
80
HSBC Holdings
United Kingdom
$16.9M +$458K +3,800 +3%
T. Rowe Price Associates
81
T. Rowe Price Associates
Maryland
$16.9M +$2.01M +16,645 +16%
Victory Capital Management
82
Victory Capital Management
Texas
$16.8M +$2.47M +20,466 +21%
DPIM
83
Duff & Phelps Investment Management
Illinois
$16.8M -$723K -6,000 -5%
Nordea Investment Management
84
Nordea Investment Management
Sweden
$15.6M -$233K -1,930 -2%
TAM
85
Thematics Asset Management
France
$15.5M +$603K +5,000 +5%
AAB
86
ABN AMRO Bank
Netherlands
$15.5M -$1.3M -10,804 -9%
LHC
87
Lodge Hill Capital
New York
$14.1M -$8.44M -70,000 -41%
Zurich Cantonal Bank
88
Zurich Cantonal Bank
Switzerland
$13.6M +$1.06M +8,753 +10%
KCM
89
Kornitzer Capital Management
Kansas
$13.4M
AllianceBernstein
90
AllianceBernstein
Tennessee
$13.3M +$709K +5,885 +7%
MAM
91
Montanaro Asset Management
United Kingdom
$13.1M -$4.22M -35,000 -27%
AIG
92
American International Group
New York
$13.1M -$599K -4,968 -5%
N
93
Natixis
France
$13.1M +$11.2M +92,933 New
SBH
94
Segall Bryant & Hamill
Illinois
$12.9M -$18.3M -152,027 -62%
D.E. Shaw & Co
95
D.E. Shaw & Co
New York
$12.2M +$6.35M +52,680 +153%
Retirement Systems of Alabama
96
Retirement Systems of Alabama
Alabama
$12.1M -$72.1K -598 -0.7%
PCM
97
Peregrine Capital Management
Minnesota
$12.1M -$1.61M -13,316 -13%
SEI Investments
98
SEI Investments
Pennsylvania
$11.3M -$73.1K -606 -0.7%
Manulife (Manufacturers Life Insurance)
99
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$11.1M -$1.74M -14,394 -15%
Man Group
100
Man Group
United Kingdom
$10.8M +$9.29M +77,054 New

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.