Advanced Drainage Systems
412 hedge funds and large institutions have $7.56B invested in Advanced Drainage Systems in 2023 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 151 increasing their positions, 139 reducing their positions, and 36 closing their positions.
92% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 36
34% more call options, than puts
Call options by funds: $19.5M | Put options by funds: $14.6M
8% more funds holding
Funds holding: 382 → 412 (+30)
9% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 139
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less capital invested
Capital invested by funds: $7.81B → $7.56B (-$249M)
3.11% less ownership
Funds ownership: 87.3% → 84.19% (-3.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$111M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$87M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$47.3M |
| 4 |
KBC Group
Brussels,
Belgium
|
+$35.1M |
| 5 |
Morgan Stanley
New York
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$257M |
| 2 |
SP
Stockbridge Partners
Boston,
Massachusetts
|
-$86M |
| 3 |
Impax Asset Management Group
London,
United Kingdom
|
-$57.6M |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$32M |
| 5 |
Handelsbanken Fonder
Stockholm,
Sweden
|
-$30.5M |
WMS Hedge Fund Activity: Q3 2023 in Review
412 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q3 2023, worth a combined $7.56B — down 3.2% from $7.81B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new WMS positions and 36 closed out — a net gain of 33 holders — while 151 added to existing stakes and 139 trimmed.
The largest buyer was BlackRock, adding an estimated $111M. The largest seller was Capital International Investors, cutting an estimated $257M.
- 412 institutional investors held Advanced Drainage Systems (WMS) as of Q3 2023, up from 382 in Q2 2023.
- Funds reported $7.56B of Advanced Drainage Systems stock for Q3 2023, down 3.2% quarter-over-quarter.
- 69 funds opened new Advanced Drainage Systems positions in Q3 2023 and 36 closed out, a net change of +33 holders.
- The largest Advanced Drainage Systems buyer in Q3 2023 was BlackRock, an estimated $111M added.
- The largest Advanced Drainage Systems seller in Q3 2023 was Capital International Investors, an estimated $257M sold.
Based on aggregated 13F filings for Q3 2023.