Advanced Drainage Systems
494 hedge funds and large institutions have $10.9B invested in Advanced Drainage Systems in 2024 Q1 according to their latest regulatory filings, with 103 funds opening new positions, 167 increasing their positions, 171 reducing their positions, and 34 closing their positions.
382% more call options, than puts
Call options by funds: $80.2M | Put options by funds: $16.7M
203% more first-time investments, than exits
New positions opened: 103 | Existing positions closed: 34
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
20% more capital invested
Capital invested by funds: $9.09B → $10.9B (+$1.78B)
16% more funds holding
Funds holding: 426 → 494 (+68)
2% less repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 171
1.33% less ownership
Funds ownership: 83% → 81.67% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$59.5M |
| 2 |
BlackRock
New York
|
+$49.9M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$33.1M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$30.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$29.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SP
Stockbridge Partners
Boston,
Massachusetts
|
-$107M |
| 2 |
JP Morgan Chase
New York
|
-$71.7M |
| 3 |
Impax Asset Management Group
London,
United Kingdom
|
-$49.4M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$33.1M |
| 5 |
ClearBridge Investments
New York
|
-$32.4M |
WMS Hedge Fund Activity: Q1 2024 in Review
494 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Advanced Drainage Systems (WMS) for Q1 2024, worth a combined $10.9B — up 20% from $9.09B a quarter earlier.
Buyers outnumbered sellers: 103 funds opened new WMS positions and 34 closed out — a net gain of 69 holders — while 167 added to existing stakes and 171 trimmed.
The largest buyer was Vanguard Group, adding an estimated $59.5M. The largest seller was Stockbridge Partners, exiting entirely with an estimated $107M sold.
- 494 institutional investors held Advanced Drainage Systems (WMS) as of Q1 2024, up from 426 in Q4 2023.
- Funds reported $10.9B of Advanced Drainage Systems stock for Q1 2024, up 20% quarter-over-quarter.
- 103 funds opened new Advanced Drainage Systems positions in Q1 2024 and 34 closed out, a net change of +69 holders.
- The largest Advanced Drainage Systems buyer in Q1 2024 was Vanguard Group, an estimated $59.5M added.
- The largest Advanced Drainage Systems seller in Q1 2024 was Stockbridge Partners, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2024.