WMS
Advanced Drainage Systems, Inc. · Basic Materials · Construction Materials
Momentum inputs (comparable managers): holder breadth 0.0% · share flow +5.8% · net new positions -5.0% — formula
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 139 | -4 | 48.46M | $7.60B | +3 | −9 |
| Q1 2026 | 148 | +5 | 48.74M | $6.68B | +9 | −5 |
| Q4 2025 | 143 | -1 | 53.99M | $7.81B | +2 | −2 |
| Q3 2025 | 20 | 0 | 26.48M | $3.67B | +1 | −2 |
| Q2 2025 | 18 | +4 | 22.87M | $2.63B | +4 | — |
| Q1 2025 | 11 | -4 | 7.76M | $843.49M | — | −4 |
| Q4 2024 | 15 | +1 | 8.50M | $982.41M | +1 | — |
| Q3 2024 | 13 | -3 | 6.15M | $967.18M | — | −3 |
| Q2 2024 | 16 | — | 6.67M | $1.07B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 7.48M | -0.4% | $1.04B | 0.0% | ▼ Trim | 2 | SEC ↗ ×5 |
| 2 | BlackRock ✦ (passive) | 7.04M | -0.4% | $976.85M | 0.0% | ▼ Trim | 2 | SEC ↗ ×17 |
| 3 | State Street Global Advisors ✦ (passive) | 2.55M | +3.1% | $353.95M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 4 | Baillie Gifford ✦ | 2.40M | -3.1% | $332.20M | 0.2% | ▼ Trim | 6 | SEC ↗ ×4 |
| 5 | Morgan Stanley ✦ | 2.00M | — | $277.54M | 0.0% | n/c | 1 | SEC ↗ ×16 |
| 6 | Geode Capital Management ✦ (passive) | 1.26M | +2.8% | $174.29M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 7 | Wellington Management ✦ | 1.19M | +234.0% | $164.90M | 0.0% | ▲ Add | 6 | SEC ↗ ×6 |
| 8 | Citadel Advisors ✦ | 621.20K | +494.2% | $86.16M | 0.1% | ▲ Add | 2 | SEC ↗ ×2 |
| 9 | JPMorgan Chase ✦ | 498.39K | — | $69.13M | 0.0% | n/c | 1 | SEC ↗ ×18 |
| 10 | Goldman Sachs Group ✦ | 447.12K | — | $62.02M | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 11 | Millennium Management ✦ | 318.55K | +15.2% | $44.18M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 12 | Adage Capital Partners ✦ | 234.00K | -0.4% | $32.46M | 0.1% | ▼ Trim | 6 | SEC ↗ |
| 13 | Gotham Asset Management ✦ | 184.04K | +27.9% | $25.53M | 0.1% | ▲ Add | 6 | SEC ↗ |
| 14 | Fidelity (FMR) ✦ | 77.61K | +5.0% | $10.76M | 0.0% | ▲ Add | 2 | SEC ↗ ×3 |
| 15 | T. Rowe Price ✦ | 58.68K | +7.4% | $8.14M | 0.0% | ▲ Add | 6 | SEC ↗ ×2 |
| 16 | Capital World Investors ✦ | 58.65K | +161.5% | $8.13M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 17 | Fisher Asset Management ✦ | 40.61K | -0.1% | $5.63M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 18 | Marshall Wace ✦ | 15.45K | New | $2.14M | 0.0% | New | 1 | SEC ↗ ×2 |
| 19 | AQR Capital Management ✦ | 11.48K | +251.2% | $1.57M | 0.0% | ▲ Add | 2 | SEC ↗ ×4 |
| 20 | D. E. Shaw & Co. ✦ | 1.83K | -77.3% | $254,237 | 0.0% | ▼ Trim | 6 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Marshall Wace | $2.14M | 0.0% |
Exited
| Norges Bank | $90.99M | was 0.0% |
| Renaissance Technologies | $1.13M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 572 holders, 69.11M shares, $9.17B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.