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Advanced Drainage Systems

102 hedge funds and large institutions have $1.06B invested in Advanced Drainage Systems in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 45 increasing their positions, 25 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 25

64% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 11

34% more capital invested

Capital invested by funds: $794M → $1.06B (+$270M)

5% more funds holding

Funds holding: 97102 (+5)

1.59% more ownership

Funds ownership: 70.01%71.6% (+1.6%)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0% less call options, than puts

Call options by funds: $1.34M | Put options by funds: $1.34M

Holders
102
Holders Change
+5
Holders Change %
+5.15%
% of All Funds
2.72%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
18
Increased
45
Reduced
25
Closed
11
Calls
$1.34M
Puts
$1.34M
Net Calls
-$6K
Net Calls Change
+$88K
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$156M +$28.1M +1,154,185 +25%
1WCM
2
12 West Capital Management
New York
$104M -$28.4M -1,167,555 -24%
SP
3
Stockbridge Partners
Massachusetts
$97.2M -$23.6M -969,826 -21%
WRF
4
Waddell & Reed Financial
Kansas
$83.5M
PCM
5
PAR Capital Management
Massachusetts
$69.5M +$13.1M +540,000 +27%
Vanguard Group
6
Vanguard Group
Pennsylvania
$68.8M +$2.94M +120,802 +5%
AAM
7
ACK Asset Management
Connecticut
$31.7M +$8.84M +363,200 +46%
Neuberger Berman Group
8
Neuberger Berman Group
New York
$31.6M -$776K -31,900 -3%
IAMU
9
Impax Asset Management (UK)
United Kingdom
$29.1M +$11.2M +462,091 +77%
PAMU
10
Pictet Asset Management (UK)
United Kingdom
$26.9M +$26.9M +1,106,068 New
JP Morgan Chase
11
JP Morgan Chase
New York
$24.4M +$9.55M +392,451 +79%
BIT
12
BlackRock Institutional Trust
California
$24.3M +$1.01M +41,684 +5%
BFA
13
BlackRock Fund Advisors
California
$22.7M +$555K +22,809 +3%
Massachusetts Financial Services
14
Massachusetts Financial Services
Massachusetts
$20.3M -$16.8M -691,013 -48%
Lord, Abbett & Co
15
Lord, Abbett & Co
New Jersey
$19.4M +$3.04M +124,900 +21%
RIM
16
Ranger Investment Management
Texas
$18.7M -$774K -31,829 -4%
State Street
17
State Street
Massachusetts
$14.9M +$415K +17,060 +3%
ZC
18
Zelman Capital
Ohio
$14.5M +$4.82M +197,972 +59%
Invesco
19
Invesco
Georgia
$14.2M -$8.61M -353,885 -41%
Northern Trust
20
Northern Trust
Illinois
$12.9M +$1.16M +47,793 +11%
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$11.8M -$146 -6 -0%
KI
22
Kalmar Investments
Delaware
$11.7M +$10.4M +427,795 New
Schroder Investment Management Group
23
Schroder Investment Management Group
United Kingdom
$11.4M +$10.1M +416,000 New
BC
24
Beaconlight Capital
New York
$10.9M -$5.41M -222,433 -36%
Federated Hermes
25
Federated Hermes
Pennsylvania
$10.3M +$2.14M +88,000 +31%

WMS Hedge Fund Activity: Q2 2016 in Review

102 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q2 2016, worth a combined $1.06B — up 34% from $794M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new WMS positions and 11 closed out — a net gain of 7 holders — while 45 added to existing stakes and 25 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $28.1M. The largest seller was 12 West Capital Management, cutting an estimated $28.4M.

  • 102 institutional investors held Advanced Drainage Systems (WMS) as of Q2 2016, up from 97 in Q1 2016.
  • Funds reported $1.06B of Advanced Drainage Systems stock for Q2 2016, up 34% quarter-over-quarter.
  • 18 funds opened new Advanced Drainage Systems positions in Q2 2016 and 11 closed out, a net change of +7 holders.
  • The largest Advanced Drainage Systems buyer in Q2 2016 was Wellington Management Group, an estimated $28.1M added.
  • The largest Advanced Drainage Systems seller in Q2 2016 was 12 West Capital Management, an estimated $28.4M sold.

Based on aggregated 13F filings for Q2 2016.