Advanced Drainage Systems
279 hedge funds and large institutions have $7B invested in Advanced Drainage Systems in 2021 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 92 increasing their positions, 97 reducing their positions, and 41 closing their positions.
27% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 41
12% more capital invested
Capital invested by funds: $6.23B → $7B (+$767M)
4% more funds holding
Funds holding: 268 → 279 (+11)
5% less repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 97
6% less call options, than puts
Call options by funds: $8.59M | Put options by funds: $9.15M
1.87% less ownership
Funds ownership: 85.14% → 83.27% (-1.9%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$133M |
| 2 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$82.2M |
| 3 |
MP
Munro Partners
Melbourne,
Australia
|
+$59.3M |
| 4 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$44.9M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$40.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$181M |
| 2 |
JP Morgan Chase
New York
|
-$88.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$49.2M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$42.4M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$40.2M |
WMS Hedge Fund Activity: Q2 2021 in Review
279 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q2 2021, worth a combined $7B — up 12% from $6.23B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new WMS positions and 41 closed out — a net gain of 11 holders — while 92 added to existing stakes and 97 trimmed.
The largest buyer was Artisan Partners, adding an estimated $133M. The largest seller was BlackRock, cutting an estimated $181M.
- 279 institutional investors held Advanced Drainage Systems (WMS) as of Q2 2021, up from 268 in Q1 2021.
- Funds reported $7B of Advanced Drainage Systems stock for Q2 2021, up 12% quarter-over-quarter.
- 52 funds opened new Advanced Drainage Systems positions in Q2 2021 and 41 closed out, a net change of +11 holders.
- The largest Advanced Drainage Systems buyer in Q2 2021 was Artisan Partners, an estimated $133M added.
- The largest Advanced Drainage Systems seller in Q2 2021 was BlackRock, an estimated $181M sold.
Based on aggregated 13F filings for Q2 2021.