Advanced Drainage Systems
426 hedge funds and large institutions have $9.09B invested in Advanced Drainage Systems in 2023 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 136 increasing their positions, 171 reducing their positions, and 48 closing their positions.
179% more call options, than puts
Call options by funds: $52.1M | Put options by funds: $18.7M
40% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 48
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more capital invested
Capital invested by funds: $7.56B → $9.09B (+$1.53B)
3% more funds holding
Funds holding: 413 → 426 (+13)
1.19% less ownership
Funds ownership: 84.19% → 83% (-1.2%)
20% less repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 171
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pictet Asset Management
Carouge,
Switzerland
|
+$51.3M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$35.4M |
| 3 |
NAM
Nissay Asset Management
Tokyo,
Japan
|
+$34.2M |
| 4 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$28.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$25.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$77.6M |
| 2 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
-$63.2M |
| 3 |
Morgan Stanley
New York
|
-$47.4M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$44.1M |
| 5 |
Impax Asset Management Group
London,
United Kingdom
|
-$37.3M |
WMS Hedge Fund Activity: Q4 2023 in Review
426 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q4 2023, worth a combined $9.09B — up 20% from $7.56B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new WMS positions and 48 closed out — a net gain of 19 holders — while 136 added to existing stakes and 171 trimmed.
The largest buyer was Pictet Asset Management, adding an estimated $51.3M. The largest seller was Citadel Advisors, cutting an estimated $77.6M.
- 426 institutional investors held Advanced Drainage Systems (WMS) as of Q4 2023, up from 413 in Q3 2023.
- Funds reported $9.09B of Advanced Drainage Systems stock for Q4 2023, up 20% quarter-over-quarter.
- 67 funds opened new Advanced Drainage Systems positions in Q4 2023 and 48 closed out, a net change of +19 holders.
- The largest Advanced Drainage Systems buyer in Q4 2023 was Pictet Asset Management, an estimated $51.3M added.
- The largest Advanced Drainage Systems seller in Q4 2023 was Citadel Advisors, an estimated $77.6M sold.
Based on aggregated 13F filings for Q4 2023.