Advanced Drainage Systems
381 hedge funds and large institutions have $7.81B invested in Advanced Drainage Systems in 2023 Q2 according to their latest regulatory filings, with 74 funds opening new positions, 118 increasing their positions, 154 reducing their positions, and 42 closing their positions.
76% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 42
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
36% more call options, than puts
Call options by funds: $18M | Put options by funds: $13.2M
36% more capital invested
Capital invested by funds: $5.75B → $7.81B (+$2.06B)
9% more funds holding
Funds holding: 351 → 381 (+30)
2.93% more ownership
Funds ownership: 84.04% → 86.97% (+2.9%)
23% less repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 154
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$98.6M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$41.8M |
| 3 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
+$31.5M |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$20.9M |
| 5 |
KBC Group
Brussels,
Belgium
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$37.3M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$34.8M |
| 3 |
BlackRock
New York
|
-$32.5M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$29.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$26.2M |
WMS Hedge Fund Activity: Q2 2023 in Review
381 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q2 2023, worth a combined $7.81B — up 36% from $5.75B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new WMS positions and 42 closed out — a net gain of 32 holders — while 118 added to existing stakes and 154 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $98.6M. The largest seller was Pacer Advisors, cutting an estimated $37.3M.
- 381 institutional investors held Advanced Drainage Systems (WMS) as of Q2 2023, up from 351 in Q1 2023.
- Funds reported $7.81B of Advanced Drainage Systems stock for Q2 2023, up 36% quarter-over-quarter.
- 74 funds opened new Advanced Drainage Systems positions in Q2 2023 and 42 closed out, a net change of +32 holders.
- The largest Advanced Drainage Systems buyer in Q2 2023 was Baillie Gifford & Co, an estimated $98.6M added.
- The largest Advanced Drainage Systems seller in Q2 2023 was Pacer Advisors, an estimated $37.3M sold.
Based on aggregated 13F filings for Q2 2023.