Advanced Drainage Systems
WMS
98 hedge funds and large institutions have $913M invested in Advanced Drainage Systems in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 27 reducing their positions, and 18 closing their positions.
2,018% more call options, than puts
Call options by funds: $2.86M | Put options by funds: $135K
44% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 27
3% more ownership
Funds ownership: 78.56% → 81.56% (+3%)
4% more capital invested
Capital invested by funds: $875M → $913M (+$37.7M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
1% less funds holding
Funds holding: 99 → 98 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Berkshire Partners
Boston,
Massachusetts
|
+$64.3M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$26.8M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$9.15M |
| 4 |
SP
Stockbridge Partners
Boston,
Massachusetts
|
+$8.57M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$7.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AS
American Securities
New York
|
-$50.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$13.1M |
| 3 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$11.1M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$9.92M |
| 5 |
IP
Interval Partners
New York
|
-$7.86M |
WMS Hedge Fund Activity: Q3 2017 in Review
98 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q3 2017, worth a combined $913M — up 4.3% from $875M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of WMS and 17 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 39 added.
The largest buyer was Berkshire Partners, adding an estimated $64.3M. The largest seller was American Securities, exiting entirely with an estimated $50.5M sold.
- 98 institutional investors held Advanced Drainage Systems (WMS) as of Q3 2017, down from 99 in Q2 2017.
- Funds reported $913M of Advanced Drainage Systems stock for Q3 2017, up 4.3% quarter-over-quarter.
- 17 funds opened new Advanced Drainage Systems positions in Q3 2017 and 18 closed out, a net change of -1 holder.
- The largest Advanced Drainage Systems buyer in Q3 2017 was Berkshire Partners, an estimated $64.3M added.
- The largest Advanced Drainage Systems seller in Q3 2017 was American Securities, an estimated $50.5M sold.
Based on aggregated 13F filings for Q3 2017.