Advanced Drainage Systems
499 hedge funds and large institutions have $10.2B invested in Advanced Drainage Systems in 2024 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 187 increasing their positions, 171 reducing their positions, and 68 closing their positions.
130% more call options, than puts
Call options by funds: $50.6M | Put options by funds: $22M
21% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 68
2.63% more ownership
Funds ownership: 80.02% → 82.65% (+2.6%)
1% more funds holding
Funds holding: 492 → 499 (+7)
9% more repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 171
4% less capital invested
Capital invested by funds: $10.7B → $10.2B (-$424M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Swedbank
Stockholm,
Sweden
|
+$219M |
| 2 |
Pictet Asset Management
Carouge,
Switzerland
|
+$119M |
| 3 |
BlackRock
New York
|
+$44M |
| 4 |
Millennium Management
New York
|
+$30.1M |
| 5 |
LFG
Lazard Frères Gestion
Paris,
France
|
+$30.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Impax Asset Management Group
London,
United Kingdom
|
-$50.5M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$46.8M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$43.7M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$30.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$28.5M |
WMS Hedge Fund Activity: Q2 2024 in Review
499 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q2 2024, worth a combined $10.2B — down 4% from $10.7B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new WMS positions and 68 closed out — a net gain of 14 holders — while 187 added to existing stakes and 171 trimmed.
The largest buyer was Swedbank, opening a new position worth an estimated $219M. The largest seller was Impax Asset Management Group, cutting an estimated $50.5M.
- 499 institutional investors held Advanced Drainage Systems (WMS) as of Q2 2024, up from 492 in Q1 2024.
- Funds reported $10.2B of Advanced Drainage Systems stock for Q2 2024, down 4% quarter-over-quarter.
- 82 funds opened new Advanced Drainage Systems positions in Q2 2024 and 68 closed out, a net change of +14 holders.
- The largest Advanced Drainage Systems buyer in Q2 2024 was Swedbank, an estimated $219M added.
- The largest Advanced Drainage Systems seller in Q2 2024 was Impax Asset Management Group, an estimated $50.5M sold.
Based on aggregated 13F filings for Q2 2024.