Advanced Drainage Systems
164 hedge funds and large institutions have $1.72B invested in Advanced Drainage Systems in 2020 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 62 increasing their positions, 49 reducing their positions, and 34 closing their positions.
76% more call options, than puts
Call options by funds: $1.88M | Put options by funds: $1.07M
27% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 49
12% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 34
1% more funds holding
Funds holding: 163 → 164 (+1)
1.07% less ownership
Funds ownership: 86.03% → 84.96% (-1.1%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
24% less capital invested
Capital invested by funds: $2.27B → $1.72B (-$547M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IC
Impactive Capital
New York City,
New York
|
+$39M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$25.9M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$20.2M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$19.7M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$37.6M |
| 2 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$23.2M |
| 3 |
SM
Sunriver Management
Greenwich,
Connecticut
|
-$18.3M |
| 4 |
BAMCO Inc
New York
|
-$13.1M |
| 5 |
Two Sigma Investments
New York
|
-$11.9M |
WMS Hedge Fund Activity: Q1 2020 in Review
164 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q1 2020, worth a combined $1.72B — down 24% from $2.27B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new WMS positions and 34 closed out — a net gain of 4 holders — while 62 added to existing stakes and 49 trimmed.
The largest buyer was Impactive Capital, opening a new position worth an estimated $39M. The largest seller was Wellington Management Group, cutting an estimated $37.6M.
- 164 institutional investors held Advanced Drainage Systems (WMS) as of Q1 2020, up from 163 in Q4 2019.
- Funds reported $1.72B of Advanced Drainage Systems stock for Q1 2020, down 24% quarter-over-quarter.
- 38 funds opened new Advanced Drainage Systems positions in Q1 2020 and 34 closed out, a net change of +4 holders.
- The largest Advanced Drainage Systems buyer in Q1 2020 was Impactive Capital, an estimated $39M added.
- The largest Advanced Drainage Systems seller in Q1 2020 was Wellington Management Group, an estimated $37.6M sold.
Based on aggregated 13F filings for Q1 2020.