Advanced Drainage Systems
142 hedge funds and large institutions have $1.44B invested in Advanced Drainage Systems in 2018 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 42 increasing their positions, 46 reducing their positions, and 13 closing their positions.
208% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 13
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more funds holding
Funds holding: 118 → 142 (+24)
11% more capital invested
Capital invested by funds: $1.29B → $1.44B (+$144M)
1.62% more ownership
Funds ownership: 80.21% → 81.84% (+1.6%)
9% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BP
Berkshire Partners
Boston,
Massachusetts
|
+$45.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$11.7M |
| 3 |
JP Morgan Chase
New York
|
+$6.65M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.28M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$4.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$20.9M |
| 2 |
BlackRock
New York
|
-$11M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$6.54M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$3.28M |
| 5 |
Millennium Management
New York
|
-$2.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PTC
151
Petrus Trust Company
Dallas,
Texas
| – | -$300K | -10,500 | Closed |
|
152
Teacher Retirement System of Texas
Austin,
Texas
| – | -$228K | -7,985 | Closed |
|
|
STA
153
Summit Trail Advisors
New York
| – | -$26K | -922 | Closed |
|
|
PIA
154
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$22K | -771 | Closed |
|
|
LTFS
155
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$10K | -400 | Closed |
|
WMS Hedge Fund Activity: Q3 2018 in Review
142 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q3 2018, worth a combined $1.44B — up 11% from $1.29B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new WMS positions and 13 closed out — a net gain of 27 holders — while 42 added to existing stakes and 46 trimmed.
The largest buyer was Berkshire Partners, adding an estimated $45.5M. The largest seller was DePrince Race & Zollo Inc (DRZ), exiting entirely with an estimated $20.9M sold.
- 142 institutional investors held Advanced Drainage Systems (WMS) as of Q3 2018, up from 118 in Q2 2018.
- Funds reported $1.44B of Advanced Drainage Systems stock for Q3 2018, up 11% quarter-over-quarter.
- 40 funds opened new Advanced Drainage Systems positions in Q3 2018 and 13 closed out, a net change of +27 holders.
- The largest Advanced Drainage Systems buyer in Q3 2018 was Berkshire Partners, an estimated $45.5M added.
- The largest Advanced Drainage Systems seller in Q3 2018 was DePrince Race & Zollo Inc (DRZ), an estimated $20.9M sold.
Based on aggregated 13F filings for Q3 2018.