Advanced Drainage Systems
136 hedge funds and large institutions have $1.19B invested in Advanced Drainage Systems in 2019 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 54 increasing their positions, 47 reducing their positions, and 23 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 47
10% more capital invested
Capital invested by funds: $1.08B → $1.19B (+$112M)
0.2% more ownership
Funds ownership: 81.14% → 81.33% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less funds holding
Funds holding: 143 → 136 (-7)
26% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMO
Beck Mack & Oliver
New York
|
+$18.5M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$16.8M |
| 3 |
MC
MIG Capital
Newport Beach,
California
|
+$14.4M |
| 4 |
Bank of New York Mellon
New York
|
+$10.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$8.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
PAR Capital Management
Boston,
Massachusetts
|
-$66.4M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$8.14M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$3.98M |
| 4 |
Millennium Management
New York
|
-$3.69M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Calamos Advisors
Naperville,
Illinois
| – | -$312K | -12,870 | Closed |
|
|
RJA
152
Raymond James & Associates
St Petersburg,
Florida
| – | -$232K | -9,584 | Closed |
|
|
FQ
153
First Quadrant
Glendale,
California
| – | -$153K | -6,312 | Closed |
|
|
HMS
154
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$143K | -5,883 | Closed |
|
|
PRC
155
Pearl River Capital
Niles,
Michigan
| – | -$26K | -1,091 | Closed |
|
|
MAM
156
Meeder Asset Management
Dublin,
Ohio
| – | -$19K | -795 | Closed |
|
157
Simplex Trading
Chicago,
Illinois
| – | -$15K | -621 | Closed |
|
158
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$12K | -513 | Closed |
|
159
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$11K | -440 | Closed |
|
WMS Hedge Fund Activity: Q1 2019 in Review
136 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q1 2019, worth a combined $1.19B — up 10% from $1.08B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of WMS and 17 opened new positions — a net loss of 6 holders — while 47 trimmed existing stakes and 54 added.
The largest buyer was Beck Mack & Oliver, opening a new position worth an estimated $18.5M. The largest seller was PAR Capital Management, exiting entirely with an estimated $66.4M sold.
- 136 institutional investors held Advanced Drainage Systems (WMS) as of Q1 2019, down from 143 in Q4 2018.
- Funds reported $1.19B of Advanced Drainage Systems stock for Q1 2019, up 10% quarter-over-quarter.
- 17 funds opened new Advanced Drainage Systems positions in Q1 2019 and 23 closed out, a net change of -6 holders.
- The largest Advanced Drainage Systems buyer in Q1 2019 was Beck Mack & Oliver, an estimated $18.5M added.
- The largest Advanced Drainage Systems seller in Q1 2019 was PAR Capital Management, an estimated $66.4M sold.
Based on aggregated 13F filings for Q1 2019.