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Advanced Drainage Systems

98 hedge funds and large institutions have $913M invested in Advanced Drainage Systems in 2017 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 39 increasing their positions, 27 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,018% more call options, than puts

Call options by funds: $2.86M | Put options by funds: $135K

44% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 27

3% more ownership

Funds ownership: 78.56%81.56% (+3%)

4% more capital invested

Capital invested by funds: $875M → $913M (+$37.7M)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

6% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 18

1% less funds holding

Funds holding: 9998 (-1)

Holders
98
Holders Change
-1
Holders Change %
-1.01%
% of All Funds
2.44%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
17
Increased
39
Reduced
27
Closed
18
Calls
$2.86M
Puts
$135K
Net Calls
+$2.72M
Net Calls Change
+$3.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Wellington Management Group
1
Wellington Management Group
Massachusetts
$121M -$13.1M -648,874 -10%
BP
2
Berkshire Partners
Massachusetts
$106M +$64.3M +3,191,003 +154%
IAMU
3
Impax Asset Management (UK)
United Kingdom
$90.8M +$4.1M +203,697 +5%
SP
4
Stockbridge Partners
Massachusetts
$76.1M +$8.57M +425,251 +13%
PAMU
5
Pictet Asset Management (UK)
United Kingdom
$57.7M -$66.8K -3,314 -0.1%
Vanguard Group
6
Vanguard Group
Pennsylvania
$55.8M -$5.84M -289,931 -10%
PCM
7
PAR Capital Management
Massachusetts
$55.4M
BlackRock
8
BlackRock
New York
$47M +$2.73M +135,536 +6%
DRZID
9
DePrince Race & Zollo Inc (DRZ)
Florida
$27M +$26.8M +1,331,572 New
JP Morgan Chase
10
JP Morgan Chase
New York
$25.9M +$2.02M +100,044 +9%
Lord, Abbett & Co
11
Lord, Abbett & Co
New Jersey
$18.5M -$4.82M -239,443 -21%
GIM
12
GCA Investment Management
New York
$18.3M +$1.3M +64,400 +8%
Invesco
13
Invesco
Georgia
$17.4M +$7.73M +383,790 +80%
AAM
14
ACK Asset Management
Connecticut
$16.7M -$11.1M -550,000 -40%
Credit Agricole
15
Credit Agricole
France
$16.6M +$3.87M +191,837 +31%
State Street
16
State Street
Massachusetts
$13.4M +$53.8K +2,672 +0.4%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$12.4M +$2.41M +119,572 +24%
SIMC
18
Stillwater Investment Management (California)
California
$10M -$2.41M -119,734 -19%
Northern Trust
19
Northern Trust
Illinois
$9.48M +$21.2K +1,053 +0.2%
Russell Investments Group
20
Russell Investments Group
United Kingdom
$9.2M +$9.15M +454,082 New
Deutsche Bank
21
Deutsche Bank
Germany
$8.82M +$4.46M +221,456 +103%
PNC Financial Services Group
22
PNC Financial Services Group
Pennsylvania
$8.81M
IAMA
23
Impax Asset Management (AIFM)
United Kingdom
$8.09M
Geode Capital Management
24
Geode Capital Management
Massachusetts
$5.94M +$133K +6,576 +2%
First Trust Advisors
25
First Trust Advisors
Illinois
$5.49M +$106K +5,265 +2%

WMS Hedge Fund Activity: Q3 2017 in Review

98 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q3 2017, worth a combined $913M — up 4.3% from $875M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of WMS and 17 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 39 added.

The largest buyer was Berkshire Partners, adding an estimated $64.3M. The largest seller was American Securities, exiting entirely with an estimated $50.5M sold.

  • 98 institutional investors held Advanced Drainage Systems (WMS) as of Q3 2017, down from 99 in Q2 2017.
  • Funds reported $913M of Advanced Drainage Systems stock for Q3 2017, up 4.3% quarter-over-quarter.
  • 17 funds opened new Advanced Drainage Systems positions in Q3 2017 and 18 closed out, a net change of -1 holder.
  • The largest Advanced Drainage Systems buyer in Q3 2017 was Berkshire Partners, an estimated $64.3M added.
  • The largest Advanced Drainage Systems seller in Q3 2017 was American Securities, an estimated $50.5M sold.

Based on aggregated 13F filings for Q3 2017.