Advanced Drainage Systems
95 hedge funds and large institutions have $1.07B invested in Advanced Drainage Systems in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 43 increasing their positions, 27 reducing their positions, and 23 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 27
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
7% more capital invested
Capital invested by funds: $1B → $1.07B (+$66.3M)
5.17% more ownership
Funds ownership: 63.75% → 68.92% (+5.2%)
10% less funds holding
Funds holding: 106 → 95 (-11)
43% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$34.4M |
| 2 |
SP
Stockbridge Partners
Boston,
Massachusetts
|
+$23.3M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
+$15.4M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$6.78M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$6.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Foresters Investment Management
New York
|
-$14.2M |
| 2 |
Lazard Asset Management
New York
|
-$5.34M |
| 3 |
SIM
Spark Investment Management
New York
|
-$3.37M |
| 4 |
OCM
Oskie Capital Management
New York
|
-$2.88M |
| 5 |
Renaissance Technologies
New York
|
-$2.79M |
WMS Hedge Fund Activity: Q3 2015 in Review
95 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q3 2015, worth a combined $1.07B — up 6.6% from $1B a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of WMS and 13 opened new positions — a net loss of 10 holders — while 27 trimmed existing stakes and 43 added.
The largest buyer was Wellington Management Group, adding an estimated $34.4M. The largest seller was Foresters Investment Management, exiting entirely with an estimated $14.2M sold.
- 95 institutional investors held Advanced Drainage Systems (WMS) as of Q3 2015, down from 106 in Q2 2015.
- Funds reported $1.07B of Advanced Drainage Systems stock for Q3 2015, up 6.6% quarter-over-quarter.
- 13 funds opened new Advanced Drainage Systems positions in Q3 2015 and 23 closed out, a net change of -10 holders.
- The largest Advanced Drainage Systems buyer in Q3 2015 was Wellington Management Group, an estimated $34.4M added.
- The largest Advanced Drainage Systems seller in Q3 2015 was Foresters Investment Management, an estimated $14.2M sold.
Based on aggregated 13F filings for Q3 2015.