Vault-13

ADVANTAGE SOLUTIONS INC

COM CL A · CUSIP 00791N102

109 institutional holders -10 vs Q1 2025
99,902,46799.9m shares reported held*
$131.9mreported value*
17 new 30 added 39 reduced 27 sold out net sold ≈ $1.2m (-918.7k shares)

* 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $1.32. Options: 3 managers hold calls ($42.6k notional), 2 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 119Q4 22: 116Q1 23: 105Q2 23: 90Q3 23: 102Q4 23: 112Q1 24: 115Q2 24: 120Q3 24: 124Q4 24: 122Q1 25: 119Q2 25: 109109Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022119
Q4 2022116
Q1 2023105
Q2 202390
Q3 2023102
Q4 2023112
Q1 2024115
Q2 2024120
Q3 2024124
Q4 2024122
Q1 2025119
Q2 2025109

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 53 bought or addedQ3 23: 31 cut or sold outQ4 23: 70 bought or addedQ4 23: 32 cut or sold outQ4 23Q1 24: 54 bought or addedQ1 24: 53 cut or sold outQ2 24: 76 bought or addedQ2 24: 46 cut or sold outQ2 24Q3 24: 60 bought or addedQ3 24: 42 cut or sold outQ4 24: 60 bought or addedQ4 24: 49 cut or sold outQ4 24Q1 25: 51 bought or addedQ1 25: 61 cut or sold outQ2 25: 47 bought or addedQ2 25: 66 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20235331
Q4 20237032
Q1 20245453
Q2 20247646
Q3 20246042
Q4 20246049
Q1 20255161
Q2 20254766

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20k$40k$60kQ3 24 calls: $33.4kQ3 24 puts: $9.0kQ3 24P/C 0.27Q4 24 calls: $17.0kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $30.1kQ1 25 puts: $2.1kQ1 25P/C 0.07Q2 25 calls: $42.6kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$33.4k$9.0k0.27
Q4 2024$17.0k$00.00
Q1 2025$30.1k$2.1k0.07
Q2 2025$42.6k$00.00

Biggest buyers

CastleKnight Management LP Added +2,450,923+2.5m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +712,868+712.9k
MILLENNIUM MANAGEMENT LLC Added +603,402+603.4k
MORGAN STANLEY Added +339,656+339.7k
CONTRARIAN CAPITAL MANAGEMENT, L.L.C. Added +160,000+160.0k
LEVIN CAPITAL STRATEGIES, L.P. Added +145,000+145.0k
NorthRock Partners, LLC Added +99,243+99.2k
Sovereign's Capital Management, LLC Added +83,200+83.2k
ROYAL BANK OF CANADA Added +80,646+80.6k
MOSAIC FAMILY WEALTH PARTNERS, LLC Added +75,000+75.0k

Biggest sellers

T. Rowe Price Investment Management, Inc. Reduced -1,136,138-1.1m
BlackRock, Inc. Reduced -845,514-845.5k
Ancora Advisors LLC Sold out -469,863-469.9k
GOLDMAN SACHS GROUP INC Reduced -281,743-281.7k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sold out -276,044-276.0k
DIMENSIONAL FUND ADVISORS LP Reduced -211,963-212.0k
Russell Investments Group, Ltd. Reduced -210,164-210.2k
BRIDGEWAY CAPITAL MANAGEMENT, LLC Reduced -205,776-205.8k
Swiss National Bank Sold out -186,376-186.4k
AMERICAN CENTURY COMPANIES INC Sold out -165,077-165.1k

Biggest calls

CITADEL ADVISORS LLC Added $41.8k31.7k shares
J. Goldman & Co LP Unchanged $71859.9k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
SIMPLEX TRADING, LLC New $0100 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.

HolderStakeChangeShares Last filed
CastleKnight Master Fund LP 13G · passive investor new · filed 2026-03-26 5.5% new 18.1m 2026-03-26

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Leonard Green & Partners, L.P. 0.61% of their portfolio Los Angeles, CA 15,450,00015.4m $20.4m $20.4m 0.61% Unchanged
2 CVC Management Holdings II Ltd. 3.14% of their portfolio ST. HELIER, Y9 15,290,00015.3m $20.2m $20.2m 3.14% Unchanged
3 T. Rowe Price Investment Management, Inc. 0.01% of their portfolio BALTIMORE, MD 13,322,60913.3m $17.6m $17.6m 0.01% Reduced -1.1m -1,136,138
4 Atairos Partners GP, Inc. 49.32% of their portfolio Bryn Mawr, PA 10,985,75911.0m $14.5m $14.5m 49.32% Unchanged
5 CastleKnight Management LP 0.64% of their portfolio New York, NY 7,395,2737.4m $9.8m $9.8m 0.64% Added +2.5m +2,450,923
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 6,148,3836.1m $8.1m $8.1m 0.00% Reduced -845.5k -845,514
7 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 4,635,5944.6m $6.1m $6.1m 0.00% Reduced -212.0k -211,963
8 Bain Capital Investors LLC 0.12% of their portfolio Boston, MA 2,890,0002.9m $3.8m $3.8m 0.12% Unchanged
9 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.08% of their portfolio HOUSTON, TX 2,687,9072.7m $3.5m $3.5m 0.08% Reduced -205.8k -205,776
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 2,159,4822.2m $2.9m $2.9m 0.00% Reduced -62.9k -62,920
11 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 2,001,6672.0m $2.6m $2.6m 0.00% Reduced -136.7k -136,712
12 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 1,902,2081.9m $2.5m $2.5m 0.00% Reduced -96.5k -96,472
13 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,761,1731.8m $2.3m $2.3m 0.00% Added +712.9k +712,868
14 Empowered Funds, LLC 0.03% of their portfolio NEWTOWN SQUARE, PA 1,738,2641.7m $2.3m $2.3m 0.03% Reduced -30.8k -30,776
15 CONTRARIAN CAPITAL MANAGEMENT, L.L.C. 0.61% of their portfolio Greenwich, CT 1,611,1401.6m $2.1m $2.1m 0.61% Added +160.0k +160,000
16 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 1,149,7011.1m $1.5m $1.5m 0.00% Added +603.4k +603,402
17 Sovereign's Capital Management, LLC 0.78% of their portfolio Atlanta, GA 1,110,5951.1m $1.5m $1.5m 0.78% Added +83.2k +83,200
18 Indaba Capital Management, L.P. 0.96% of their portfolio SAN FRANCISCO, CA 980,865980.9k $1.3m $1.3m 0.96% Unchanged
19 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 714,123714.1k $942.6k $942.6k 0.00% Reduced -128.7k -128,703
20 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 695,400695.4k $917.9k $917.9k 0.00% Added +34.2k +34,200
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 658,643658.6k $869.4k $869.4k 0.00% Added +339.7k +339,656
22 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 634,305634.3k $837.3k $837.3k 0.00% Reduced -9.5k -9,500
23 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.09% of their portfolio ST. LOUIS, MO 505,000505.0k $666.6k $666.6k 0.09% Added +75.0k +75,000
24 LEVIN CAPITAL STRATEGIES, L.P. 0.05% of their portfolio NEW YORK, NY 355,000355.0k $468.6k $468.6k 0.05% Added +145.0k +145,000
25 Inspire Investing, LLC 0.04% of their portfolio MERIDIAN, ID 297,843297.8k $393.2k $393.2k 0.04% Added +66.0k +66,018
26 KENNEDY CAPITAL MANAGEMENT LLC 0.01% of their portfolio ST LOUIS, MO 277,584277.6k $366.4k $366.4k 0.01% Added +23.9k +23,880
27 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 273,487273.5k $361.0k $361.0k 0.00% Reduced -161.2k -161,239
28 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 259,520259.5k $342.6k $342.6k 0.00% Reduced -210.2k -210,164
29 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 258,530258.5k $341.3k $341.3k 0.00% Reduced -11.6k -11,591
30 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 241,662241.7k $319.0k $319.0k 0.00% Reduced -53.8k -53,759
31 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 240,076240.1k $316.9k $316.9k 0.00% Reduced -153.2k -153,165
32 NorthRock Partners, LLC 0.01% of their portfolio MINNEAPOLIS, MN 186,245186.2k $244.0k $244.0k 0.01% Added +99.2k +99,243
33 UBS Group AG 0.00% of their portfolio ZURICH, V8 177,300177.3k $234.0k $234.0k 0.00% Reduced -56.7k -56,681
34 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 164,607164.6k $217.3k $217.3k 0.00% Reduced -22.0k -22,016
35 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 163,478163.5k $215.8k $215.8k 0.00% Added +36.9k +36,876
36 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 149,054149.1k $196.8k $196.8k 0.00% Added +31.2k +31,230
37 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 148,978149.0k $196.6k $196.6k 0.00% Reduced -4.5k -4,513
38 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 128,100128.1k $169.1k $169.1k 0.00% Reduced -2.7k -2,700
39 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 119,348119.3k $157.5k $157.5k 0.00% Added +5.5k +5,519
40 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 110,600110.6k $146.0k $146.0k 0.00% Reduced -64.2k -64,233
41 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 95,93695.9k $126.6k $126.6k 0.00% Reduced -140.1k -140,144
42 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 94,48094.5k $124.0k $124.0k 0.00% Added +80.6k +80,646
43 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 81,56881.6k $107.7k $107.7k 0.00% Reduced -16.2k -16,187
44 LSV ASSET MANAGEMENT 0.00% of their portfolio CHICAGO, IL 80,80080.8k $107.0k $107.0k 0.00% Unchanged
45 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 77,99178.0k $102.9k $102.9k 0.00% Reduced -42.5k -42,470
46 STRS OHIO 0.00% of their portfolio COLUMBUS, OH 77,80077.8k $102.7k $102.7k 0.00% Unchanged
47 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 74,63974.6k $98.5k $98.5k 0.00% Reduced -281.7k -281,743
48 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 71,67671.7k $94.6k $94.6k 0.00% Added +12.8k +12,816
49 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 64,31164.3k $84.9k $84.9k 0.00% Added +41.5k +41,478
50 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 54,35054.4k $72.0k $72.0k 0.00% Added +8.1k +8,056
51 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 51,50551.5k $68.0k $68.0k 0.00% Reduced -11.4k -11,431
52 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 48,10448.1k $63.5k $63.5k 0.00% Reduced -49.4k -49,435
53 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 47,73047.7k $63.0k $63.0k 0.00% Added +6.5k +6,548
54 Prentice Capital Management, LP 0.10% of their portfolio GREENWICH, CT 46,46346.5k $61.3k $61.3k 0.10% Reduced -9.7k -9,708
55 Point72 Asia (Singapore) Pte. Ltd. 0.01% of their portfolio SINGAPORE, U0 44,39944.4k $58.6k $58.6k 0.01% New
56 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 42,12242.1k $55.6k $55.6k 0.00% Added +569 +569
57 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 36,99037.0k $48.0k $48.0k 0.00% New
58 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 36,30836.3k $47.9k $47.9k 0.00% Reduced -50.0k -49,969
59 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 35,39435.4k $46.7k $46.7k 0.00% Added +20.8k +20,841
60 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 31,43331.4k $41.5k $41.5k 0.00% Unchanged
61 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 30,69330.7k $40.5k $40.5k 0.00% Reduced -30.7k -30,693
62 St. Louis Financial Planners Asset Management, LLC 0.03% of their portfolio CHESTERFIELD, MO 29,67429.7k $39.2k $39.2k 0.03% Unchanged
63 Cornerstone Wealth Management, LLC 0.00% of their portfolio ST. PETERS, MO 29,33029.3k $38.7k $38.7k 0.00% Added +12.5k +12,500
64 Private Wealth Management Group, LLC 0.01% of their portfolio PRINCETON, NJ 26,57026.6k $35.1k $35.1k 0.01% New
65 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio TALLAHASSEE, FL 24,79024.8k $32.7k $32.7k 0.00% Unchanged
66 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 23,78123.8k $31.4k $31.4k 0.00% New
67 Vident Advisory, LLC 0.00% of their portfolio Alpharetta, GA 21,15521.2k $27.9k $27.9k 0.00% Added +5.0k +4,974
68 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 21,03221.0k $27.8k $27.8k 0.00% Unchanged
69 GSA CAPITAL PARTNERS LLP 0.00% of their portfolio LONDON, X0 20,88220.9k $28.0k $28.0k 0.00% New
70 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 19,46119.5k $25.7k $25.7k 0.00% New
71 ProShare Advisors LLC 0.00% of their portfolio BETHESDA, MD 19,32619.3k $25.5k $25.5k 0.00% Reduced -3.6k -3,599
72 a16z Perennial Management, L.P. 0.00% of their portfolio MENLO PARK, CA 18,86718.9k $24.9k $24.9k 0.00% Unchanged
73 Oak Thistle LLC 0.00% of their portfolio NEW YORK, NY 17,68417.7k $23.3k $23.3k 0.00% New
74 Jump Financial, LLC 0.00% of their portfolio Chicago, IL 17,26517.3k $22.8k $22.8k 0.00% New
75 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 16,06016.1k $21.2k $21.2k 0.00% Reduced -68.9k -68,860
76 CIBC WORLD MARKETS CORP 0.00% of their portfolio NEW YORK, NY 11,61211.6k $15.3k $15.3k 0.00% Reduced -11.9k -11,886
77 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 11,50911.5k $15.2k $15.2k 0.00% New
78 CIBC Asset Management Inc 0.00% of their portfolio TORONTO, Z4 10,67010.7k $14.1k $14.1k 0.00% Unchanged
79 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 10,60010.6k $14.0k $14.0k 0.00% Unchanged
80 VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio San Antonio, TX 10,36510.4k $13.7k $13.7k 0.00% Reduced -364 -364
81 Mariner, LLC 0.00% of their portfolio Overland Park, KS 10,19710.2k $13.5k $13.5k 0.00% New
82 Vanguard Personalized Indexing Management, LLC 0.00% of their portfolio OAKLAND, CA 10,11110.1k $13.3k $13.3k 0.00% New
83 Ballentine Partners, LLC 0.00% of their portfolio Waltham, MA 10,03910.0k $13.3k $13.3k 0.00% New
84 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 9,4829.5k $12.5k $12.5k 0.00% Added +3.5k +3,514
85 Legal & General Group Plc 0.00% of their portfolio London, X0 9,0459.0k $11.9k $11.9k 0.00% Reduced -101.8k -101,786
86 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 8,9939.0k $11.9k $11.9k 0.00% Unchanged
87 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 7,7557.8k $10.2k $10.2k 0.00% Reduced -96.6k -96,578
88 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 7,3067.3k $9.6k $9.6k 0.00% Added +5.1k +5,069
89 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 5,5505.5k $7.3k $7.3k 0.00% First filing
90 CWM, LLC 0.00% of their portfolio OMAHA, NE 5,3205.3k $7.0k $7.0k 0.00% Added +4.5k +4,464
91 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 5,1555.2k $6.8k $6.8k 0.00% Added +4.3k +4,281
92 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 4,3624.4k $5.8k $5.8k 0.00% New
93 Point72 (DIFC) Ltd 0.00% of their portfolio DUBAI, C0 3,7633.8k $5.0k $5.0k 0.00% New
94 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 3,6503.6k $5.0k $5.0k 0.00% Unchanged
95 FMR LLC 0.00% of their portfolio BOSTON, MA 3,5503.5k $4.7k $4.7k 0.00% Reduced -3.4k -3,412
96 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 2,9913.0k $3.9k $3.9k 0.00% Added +1.2k +1,164
97 Quarry LP 0.00% of their portfolio NEW YORK, NY 2,5532.6k $3.4k $3.4k 0.00% New
98 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 1,6211.6k $2.1k $2.1k 0.00% Reduced -149 -149
99 CarsonAllaria Wealth Management, Ltd. 0.00% of their portfolio GLEN CARBON, IL 1,4251.4k $1.9k $1.9k 0.00% Unchanged
100 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 1,3821.4k $1.8k $1.8k 0.00% New