ADVANCED DRAIN SYS INC DEL WMS
COM · Common Stock · CUSIP 00790R104 · ISIN US00790R1041
Drainage product company based in Hillard, Ohio, US
- SectorMaterials
- IndustryPlastics Foam Products
- HeadquartersHilliard, OH
- Websiteads-pipe.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($12.3m this quarter). Holder counts are more reliable. Shares outstanding: 77.6m as of 2025-01-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $115.61. Options: 10 managers hold calls ($6.9m notional), 10 hold puts ($5.6m).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 384 |
| Q4 2022 | 370 |
| Q1 2023 | 354 |
| Q2 2023 | 384 |
| Q3 2023 | 415 |
| Q4 2023 | 427 |
| Q1 2024 | 494 |
| Q2 2024 | 502 |
| Q3 2024 | 491 |
| Q4 2024 | 468 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 203 | 181 |
| Q2 2023 | 184 | 199 |
| Q3 2023 | 218 | 175 |
| Q4 2023 | 185 | 219 |
| Q1 2024 | 267 | 206 |
| Q2 2024 | 265 | 237 |
| Q3 2024 | 225 | 259 |
| Q4 2024 | 233 | 233 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $80.2m | $16.7m | 0.21 |
| Q2 2024 | $50.6m | $22.0m | 0.43 |
| Q3 2024 | $43.0m | $14.8m | 0.34 |
| Q4 2024 | $6.9m | $5.6m | 0.81 |
Biggest buyers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +799.6k |
| Impax Asset Management Group plc | Added | +650.1k |
| FIRST TRUST ADVISORS LP | Added | +544.1k |
| T. Rowe Price Investment Management, Inc. | New | +406.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | New | +364.7k |
| Amundi | Added | +358.3k |
| GOLDMAN SACHS GROUP INC | Added | +349.0k |
| AMERIPRISE FINANCIAL INC | Added | +339.3k |
| Cercano Management LLC | New | +258.1k |
| Zimmer Partners, LP | New | +210.0k |
Biggest sellers
| Boston Partners | Reduced | -1.4m |
| Thrivent Financial for Lutherans | Reduced | -1.2m |
| BlackRock, Inc. | Reduced | -520.3k |
| BAILLIE GIFFORD & CO | Reduced | -369.8k |
| FEDERATED HERMES, INC. | Reduced | -287.0k |
| JPMORGAN CHASE & CO | Reduced | -227.7k |
| Allspring Global Investments Holdings, LLC | Reduced | -226.5k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -137.0k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | -103.4k |
| Pictet Asset Management Holding SA | Reduced | -98.9k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.3m20.2k shares |
| CITADEL ADVISORS LLC | Reduced | $1.6m13.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $577.0k5.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $562.7k4.9k shares |
| Walleye Trading LLC | New | $543.3k4.7k shares |
| PEAK6 LLC | First filing | $508.6k4.4k shares |
| Cubist Systematic Strategies, LLC | Added | $462.4k4.0k shares |
| TUDOR INVESTMENT CORP ET AL | New | $300.6k2.6k shares |
| GROUP ONE TRADING LLC | Reduced | $34.7k300 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.8m15.5k shares |
| CITADEL ADVISORS LLC | Reduced | $1.7m15.0k shares |
| WOLVERINE TRADING, LLC | Added | $700.5k6.1k shares |
| Cubist Systematic Strategies, LLC | Reduced | $520.2k4.5k shares |
| Walleye Trading LLC | New | $346.8k3.0k shares |
| PEAK6 LLC | First filing | $265.9k2.3k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $231.2k2.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $34.0k300 shares |
| GROUP ONE TRADING LLC | Reduced | $11.6k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-17 | 8.9% |
| DELAWARE CHARTER GUARANTEE & TRUST CO 13G · institution new · filed 2026-02-13 | 6.0% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 0 | — | 1 | $2.0m | — |
| Q2 2023 | 0 | — | 3 | $2.1m | — |
| Q3 2023 | 0 | — | 7 | $92.3m | — |
| Q4 2023 | 0 | — | 4 | $4.9m | — |
| Q1 2024 | 0 | — | 6 | $129.1m | — |
| Q2 2024 | 0 | — | 6 | $32.2m | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
None reported in Q4 2024.
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 7.4m $858.1m | Reduced -520.3k |
| VANGUARD GROUP INC 0.01% of their portfolio | 7.3m $847.6m | Added +52.8k |
| Pictet Asset Management Holding SA 0.39% of their portfolio | 3.1m $361.8m | Reduced -98.9k |
| BAILLIE GIFFORD & CO 0.24% of their portfolio | 2.7m $308.6m | Reduced -369.8k |
| STATE STREET CORP 0.01% of their portfolio | 2.7m $308.0m | Added +122.7k |
| Impax Asset Management Group plc 1.32% of their portfolio | 2.5m $291.7m | Added +650.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 2.1m $238.7m | Added +799.6k |
| FIRST TRUST ADVISORS LP 0.18% of their portfolio | 1.7m $200.3m | Added +544.1k |
| Invesco Ltd. 0.04% of their portfolio | 1.7m $195.2m | Reduced -20.7k |
| AMERICAN CENTURY COMPANIES INC 0.09% of their portfolio | 1.4m $162.1m | Added +16.4k |
| Swedbank AB 0.20% of their portfolio | 1.4m $159.5m | Reduced -4.4k |
| MORGAN STANLEY 0.01% of their portfolio | 1.2m $143.3m | Added +46.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.2m $137.9m | Added +5.9k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.29% of their portfolio | 1.0m $120.2m | Reduced -103.4k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.10% of their portfolio | 870.1k $100.6m | Added +6.9k |
| Amundi 0.03% of their portfolio | 854.8k $98.7m | Added +358.3k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 807.7k $93.4m | Added +22.8k |
| NORGES BANK 0.01% of their portfolio | 745.5k $86.2m | Added +8.1k |
| Liontrust Investment Partners LLP 1.24% of their portfolio | 742.0k $85.8m | Added +97.6k |
| KBC Group NV 0.24% of their portfolio | 738.7k $85.4m | Added +129.3k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 675.6k $78.1m | Added +339.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 665.5k $76.9m | Added +30.9k |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 644.1k $74.4m | Added +54.9k |
| Alyeska Investment Group, L.P. 0.26% of their portfolio | 607.3k $70.2m | Added +88.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 593.6k $68.6m | Added +31.5k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 591.6k $68.4m | Added +12.8k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 563.6k $65.2m | Added +349.0k |
| Allianz Asset Management GmbH 0.09% of their portfolio | 546.2k $63.1m | Added +18.0k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.13% of their portfolio | 544.2k $62.9m | Added +29.9k |
| Aberdeen Group plc 0.12% of their portfolio | 544.1k $62.8m | Reduced -35.4k |
| Triodos Investment Management BV 5.05% of their portfolio | 539.8k $62.4m | Added +60.5k |
| Corient Private Wealth LP 0.08% of their portfolio | 439.8k $50.8m | Reduced -37.4k |
| TD Asset Management Inc 0.04% of their portfolio | 417.3k $48.2m | Reduced -54.8k |
| Mirova US LLC 0.57% of their portfolio | 407.6k $47.1m | Added +63.6k |
| T. Rowe Price Investment Management, Inc. 0.03% of their portfolio | 406.5k $47.0m | New |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 401.0k $46.0m | Added +86.1k |
| TrinityBridge Ltd 1.22% of their portfolio | 374.9k $43.3m | Unchanged |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.15% of their portfolio | 364.7k $42.2m | New |
| FIL Ltd 0.04% of their portfolio | 360.0k $41.6m | Added +86.5k |
| BROWN BROTHERS HARRIMAN & CO 0.29% of their portfolio | 359.1k $41.5m | Added +87.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 352.0k $40.7m | Added +637 |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 339.3k $39.2m | Reduced -18.7k |
| STIFEL FINANCIAL CORP 0.04% of their portfolio | 319.4k $36.9m | Reduced -45.5k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.12% of their portfolio | 313.1k $36.2m | Added +73.1k |
| PNC Financial Services Group, Inc. 0.02% of their portfolio | 307.3k $35.5m | Added +137 |
| Mitsubishi UFJ Trust & Banking Corp 0.08% of their portfolio | 284.9k $32.9m | Reduced -86.8k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 273.2k $31.6m | Reduced -227.7k |
| Cercano Management LLC 0.76% of their portfolio | 258.1k $29.8m | New |
| Rathbones Group PLC 0.14% of their portfolio | 255.7k $29.6m | Added +26.1k |
| FERNBRIDGE CAPITAL MANAGEMENT LP 1.48% of their portfolio | 243.7k $28.2m | Reduced -9.8k |
| Epoch Investment Partners, Inc. 0.13% of their portfolio | 236.7k $27.4m | Reduced -22.8k |
| MIG Capital, LLC 2.78% of their portfolio | 231.8k $26.8m | Added +72.9k |
| Robeco Schweiz AG 0.53% of their portfolio | 215.5k $24.9m | Added +23 |
| GENEVA CAPITAL MANAGEMENT LLC 0.43% of their portfolio | 213.7k $24.7m | Added +11.5k |
| AEGON ASSET MANAGEMENT UK Plc 0.33% of their portfolio | 213.5k $24.7m | Reduced -10.6k |
| Zimmer Partners, LP 0.42% of their portfolio | 210.0k $24.3m | New |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 207.3k $24.0m | Added +43.2k |
| UBS Group AG 0.01% of their portfolio | 199.9k $23.1m | Added +123.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 194.8k $22.5m | Reduced -12.8k |
| Owls Nest Partners IA, LLC 4.93% of their portfolio | 192.3k $22.2m | New |
| Legal & General Group Plc 0.01% of their portfolio | 183.0k $21.2m | Reduced -265 |
| JUPITER ASSET MANAGEMENT LTD 0.20% of their portfolio | 179.6k $20.8m | Added +32.8k |
| STOREBRAND ASSET MANAGEMENT AS 0.06% of their portfolio | 168.1k $19.4m | Added +15.3k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 165.6k $19.1m | Reduced -9.0k |
| Janney Montgomery Scott LLC 0.05% of their portfolio | 163.9k $18.9m | Added +20.1k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 163.3k $18.9m | Added +1.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 162.8k $18.8m | Reduced -1.1k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.22% of their portfolio | 159.4k $18.4m | Added +6.5k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 157.7k $18.2m | Reduced -41.5k |
| KORNITZER CAPITAL MANAGEMENT INC /KS 0.34% of their portfolio | 150.6k $17.4m | Added +54.3k |
| PGGM Investments 0.23% of their portfolio | 150.3k $17.4m | Added +68.7k |
| Swiss National Bank 0.01% of their portfolio | 144.9k $16.8m | Added +8.6k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 141.9k $16.4m | Added +79.6k |
| Woodline Partners LP 0.11% of their portfolio | 141.1k $16.3m | Added +99.0k |
| Thrivent Financial for Lutherans 0.03% of their portfolio | 140.2k $16.2m | Reduced -1.2m |
| CRAMER ROSENTHAL MCGLYNN LLC 0.91% of their portfolio | 139.4k $16.1m | Reduced -18.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 136.7k $15.8m | Added +65.8k |
| Lodge Hill Capital, LLC 4.30% of their portfolio | 134.9k $15.6m | Added +26.2k |
| Distillate Capital Partners LLC 0.74% of their portfolio | 130.5k $15.1m | Added +29.9k |
| Capital International Investors 0.00% of their portfolio | 128.8k $14.9m | Added +271 |
| Achmea Investment Management B.V. 0.24% of their portfolio | 127.6k $14.8m | Reduced -10.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 125.0k $14.4m | Added +92.0k |
| ABN AMRO Bank N.V. 0.19% of their portfolio | 123.1k $14.1m | Added +21.0k |
| AXA S.A. 0.04% of their portfolio | 114.3k $13.2m | Reduced -56.3k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 113.3k $13.1m | Reduced -44.1k |
| Schonfeld Strategic Advisors LLC 0.08% of their portfolio | 105.3k $12.2m | Reduced -6.5k |
| UniSuper Management Pty Ltd 0.09% of their portfolio | 104.1k $12.0m | Reduced -13.2k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 102.8k $11.9m | Added +40.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.03% of their portfolio | 102.5k $11.9m | Added +5.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 99.4k $11.5m | Reduced -28.1k |
| California Public Employees Retirement System 0.01% of their portfolio | 99.2k $11.5m | Reduced -26.3k |
| Assenagon Asset Management S.A. 0.02% of their portfolio | 96.8k $11.2m | Added +32.4k |
| PEREGRINE CAPITAL MANAGEMENT LLC 0.33% of their portfolio | 96.3k $11.1m | Added +9.1k |
| J. Safra Sarasin Holding AG 0.19% of their portfolio | 95.8k $11.1m | Reduced -45.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 95.0k $11.0m | Added +1.5k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 90.3k $10.4m | Reduced -3.5k |
| Thematics Asset Management 0.44% of their portfolio | 87.5k $10.1m | Reduced -6.0k |
| Candriam S.C.A. 0.06% of their portfolio | 86.3k $10.0m | Reduced -55.3k |
| Retirement Systems of Alabama 0.04% of their portfolio | 85.8k $9.9m | Reduced -12.8k |
| Waratah Capital Advisors Ltd. 0.54% of their portfolio | 83.4k $9.6m | New |