Advanced Drainage Systems
103 hedge funds and large institutions have $941M invested in Advanced Drainage Systems in 2016 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 23 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
91% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 23
64% more call options, than puts
Call options by funds: $427K | Put options by funds: $260K
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
12.72% more ownership
Funds ownership: 70.24% → 82.97% (+13%)
4% more funds holding
Funds holding: 99 → 103 (+4)
1% more capital invested
Capital invested by funds: $930M → $941M (+$10.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAMU
Impax Asset Management (UK)
London,
United Kingdom
|
+$19.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$12.3M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$6.05M |
| 4 |
AP
AHL Partners
London,
United Kingdom
|
+$5.22M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$4.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$51.8M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$16.4M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$9.05M |
| 4 |
BC
Beaconlight Capital
New York
|
-$5.95M |
| 5 |
ZC
Zelman Capital
Beachwood,
Ohio
|
-$3.63M |
WMS Hedge Fund Activity: Q4 2016 in Review
103 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q4 2016, worth a combined $941M — up 1.2% from $930M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new WMS positions and 16 closed out — a net gain of 4 holders — while 44 added to existing stakes and 23 trimmed.
The largest buyer was Impax Asset Management (UK), adding an estimated $19.3M. The largest seller was Waddell & Reed Financial, cutting an estimated $51.8M.
- 103 institutional investors held Advanced Drainage Systems (WMS) as of Q4 2016, up from 99 in Q3 2016.
- Funds reported $941M of Advanced Drainage Systems stock for Q4 2016, up 1.2% quarter-over-quarter.
- 20 funds opened new Advanced Drainage Systems positions in Q4 2016 and 16 closed out, a net change of +4 holders.
- The largest Advanced Drainage Systems buyer in Q4 2016 was Impax Asset Management (UK), an estimated $19.3M added.
- The largest Advanced Drainage Systems seller in Q4 2016 was Waddell & Reed Financial, an estimated $51.8M sold.
Based on aggregated 13F filings for Q4 2016.