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Advanced Drainage Systems

163 hedge funds and large institutions have $2.27B invested in Advanced Drainage Systems in 2019 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 70 increasing their positions, 52 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

62% more call options, than puts

Call options by funds: $2.31M | Put options by funds: $1.43M

60% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 20

35% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 52

25% more capital invested

Capital invested by funds: $1.81B → $2.27B (+$460M)

7% more funds holding

Funds holding: 152163 (+11)

3.46% more ownership

Funds ownership: 82.57%86.03% (+3.5%)

Holders
163
Holders Change
+11
Holders Change %
+7.24%
% of All Funds
3.21%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.1%
New
32
Increased
70
Reduced
52
Closed
20
Calls
$2.31M
Puts
$1.43M
Net Calls
+$882K
Net Calls Change
+$813K
Name Holding Trade Value Shares
Change
Change in
Stake
BP
1
Berkshire Partners
Massachusetts
$340M
Wellington Management Group
2
Wellington Management Group
Massachusetts
$256M -$14.8M -401,047 -6%
Vanguard Group
3
Vanguard Group
Pennsylvania
$160M -$14.6M -394,007 -9%
SP
4
Stockbridge Partners
Massachusetts
$159M +$12.1M +326,883 +9%
BlackRock
5
BlackRock
New York
$146M +$24M +647,447 +21%
Impax Asset Management Group
6
Impax Asset Management Group
United Kingdom
$116M +$1.35M +36,567 +1%
JP Morgan Chase
7
JP Morgan Chase
New York
$85.3M +$5.27M +142,377 +7%
PAMU
8
Pictet Asset Management (UK)
United Kingdom
$61.2M +$1.23M +33,164 +2%
Invesco
9
Invesco
Georgia
$55.3M +$30.5M +823,578 +137%
MC
10
MIG Capital
California
$52.2M +$4.95M +133,778 +11%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$48.5M -$1.71M -46,175 -4%
BMO
12
Beck Mack & Oliver
New York
$37.4M -$24.6K -665 -0.1%
CRM
13
Cramer Rosenthal McGlynn
Connecticut
$34.8M -$93.2K -2,519 -0.3%
Norges Bank
14
Norges Bank
Norway
$34.3M
State Street
15
State Street
Massachusetts
$34M +$3.52M +95,110 +12%
BAMCO Inc
16
BAMCO Inc
New York
$32M
Renaissance Technologies
17
Renaissance Technologies
New York
$30.7M +$21.3M +574,437 +264%
Fidelity International
18
Fidelity International
Bermuda
$29.4M +$9.72M +262,709 +53%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$28.1M -$2.61M -70,611 -9%
N
20
Nuveen
North Carolina
$27.3M +$3.76M +101,682 +17%
Geode Capital Management
21
Geode Capital Management
Massachusetts
$25.6M +$2.29M +61,982 +10%
Loomis, Sayles & Company
22
Loomis, Sayles & Company
Massachusetts
$24.7M +$4.85M +131,150 +26%
Northern Trust
23
Northern Trust
Illinois
$22.4M +$1.83M +49,376 +9%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$20.2M +$2.79M +75,455 +17%
Two Sigma Investments
25
Two Sigma Investments
New York
$19M -$576K -15,572 -3%

WMS Hedge Fund Activity: Q4 2019 in Review

163 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q4 2019, worth a combined $2.27B — up 25% from $1.81B a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new WMS positions and 20 closed out — a net gain of 12 holders — while 70 added to existing stakes and 52 trimmed.

The largest buyer was Invesco, adding an estimated $30.5M. The largest seller was Millennium Management, cutting an estimated $18.6M.

  • 163 institutional investors held Advanced Drainage Systems (WMS) as of Q4 2019, up from 152 in Q3 2019.
  • Funds reported $2.27B of Advanced Drainage Systems stock for Q4 2019, up 25% quarter-over-quarter.
  • 32 funds opened new Advanced Drainage Systems positions in Q4 2019 and 20 closed out, a net change of +12 holders.
  • The largest Advanced Drainage Systems buyer in Q4 2019 was Invesco, an estimated $30.5M added.
  • The largest Advanced Drainage Systems seller in Q4 2019 was Millennium Management, an estimated $18.6M sold.

Based on aggregated 13F filings for Q4 2019.