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Advanced Drainage Systems

266 hedge funds and large institutions have $6.24B invested in Advanced Drainage Systems in 2021 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 105 increasing their positions, 88 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

154% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 24

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

20% more capital invested

Capital invested by funds: $5.22B → $6.24B (+$1.02B)

19% more repeat investments, than reductions

Existing positions increased: 105 | Existing positions reduced: 88

15% more funds holding

Funds holding: 232266 (+34)

0.33% less ownership

Funds ownership: 85.69%85.37% (-0.33%)

31% less call options, than puts

Call options by funds: $5.88M | Put options by funds: $8.54M

Holders
266
Holders Change
+34
Holders Change %
+14.66%
% of All Funds
4.67%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.09%
New
61
Increased
105
Reduced
88
Closed
24
Calls
$5.88M
Puts
$8.54M
Net Calls
-$2.66M
Net Calls Change
-$4.52M
Name Holding Trade Value Shares
Change
Change in
Stake
BP
1
Berkshire Partners
Massachusetts
$643M -$118M -1,206,448 -16%
Vanguard Group
2
Vanguard Group
Pennsylvania
$478M +$37.5M +383,439 +9%
BlackRock
3
BlackRock
New York
$476M +$15.3M +157,026 +4%
Select Equity Group
4
Select Equity Group
New York
$359M +$76.7M +785,195 +29%
SP
5
Stockbridge Partners
Massachusetts
$323M -$28.3M -289,547 -8%
Impax Asset Management Group
6
Impax Asset Management Group
United Kingdom
$273M -$23.2M -236,955 -8%
Invesco
7
Invesco
Georgia
$244M +$40.1M +410,296 +21%
JP Morgan Chase
8
JP Morgan Chase
New York
$216M -$17M -173,958 -8%
Westfield Capital Management
9
Westfield Capital Management
Massachusetts
$176M -$19.5M -199,701 -10%
PAMU
10
Pictet Asset Management (UK)
United Kingdom
$157M +$4.86M +49,702 +3%
Victory Capital Management
11
Victory Capital Management
Texas
$147M -$16.9M -172,810 -11%
Loomis, Sayles & Company
12
Loomis, Sayles & Company
Massachusetts
$123M -$107K -1,099 -0.1%
Thrivent Financial for Lutherans
13
Thrivent Financial for Lutherans
Minnesota
$119M +$41M +419,932 +58%
State Street
14
State Street
Massachusetts
$110M -$3.1M -31,704 -3%
Ameriprise
15
Ameriprise
Minnesota
$103M +$2.67M +27,272 +3%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$92.4M -$21.5M -220,178 -20%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$89M +$6.95M +71,140 +9%
UBS AM
18
UBS AM
Illinois
$85.5M +$11.8M +120,325 +17%
Bank of America
19
Bank of America
North Carolina
$83M +$12.6M +128,648 +19%
N
20
Nuveen
North Carolina
$81M -$243K -2,489 -0.3%
Norges Bank
21
Norges Bank
Norway
$71.7M -$1.84M -18,822 -3%
Artisan Partners
22
Artisan Partners
Wisconsin
$69M +$25.2M +257,450 +63%
Fidelity International
23
Fidelity International
Bermuda
$67.5M -$32.9M -337,121 -34%
BMO
24
Beck Mack & Oliver
New York
$66.2M -$34.8M -355,970 -36%
Northern Trust
25
Northern Trust
Illinois
$65.4M -$4.54M -46,499 -7%

WMS Hedge Fund Activity: Q1 2021 in Review

266 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q1 2021, worth a combined $6.24B — up 20% from $5.22B a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new WMS positions and 24 closed out — a net gain of 37 holders — while 105 added to existing stakes and 88 trimmed.

The largest buyer was Select Equity Group, adding an estimated $76.7M. The largest seller was Wellington Management Group, cutting an estimated $143M.

  • 266 institutional investors held Advanced Drainage Systems (WMS) as of Q1 2021, up from 232 in Q4 2020.
  • Funds reported $6.24B of Advanced Drainage Systems stock for Q1 2021, up 20% quarter-over-quarter.
  • 61 funds opened new Advanced Drainage Systems positions in Q1 2021 and 24 closed out, a net change of +37 holders.
  • The largest Advanced Drainage Systems buyer in Q1 2021 was Select Equity Group, an estimated $76.7M added.
  • The largest Advanced Drainage Systems seller in Q1 2021 was Wellington Management Group, an estimated $143M sold.

Based on aggregated 13F filings for Q1 2021.