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Advanced Drainage Systems, Inc.

WMS
Exchange
NYSE
Industry
Plastics Foam Products
SEC CIK
0001604028

No open-market purchases or sales by Advanced Drainage Systems, Inc. insiders were filed in the last 90 days; 556 institutions reported holding it in 13F filings for Q2 2026, worth $10.9B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Advanced Drainage Systems, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
548
+55 vs. Q3 2025
Shares held
71.3M
−1.23M (−1.7%) vs. Q3 2025
Total value
$10.3B
+$279.4M (+2.8%) vs. Q3 2025
New holders
92
162 more added
Sold out
37
214 more reduced

7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting WMS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 548 institutions
Q1 2021: 268 institutionsQ2 2021: 278 institutionsQ3 2021: 291 institutionsQ4 2021: 312 institutionsQ1 2022: 315 institutionsQ2 2022: 333 institutionsQ3 2022: 383 institutionsQ4 2022: 369 institutionsQ1 2023: 353 institutionsQ2 2023: 384 institutionsQ3 2023: 415 institutionsQ4 2023: 427 institutionsQ1 2024: 493 institutionsQ2 2024: 501 institutionsQ3 2024: 489 institutionsQ4 2024: 466 institutionsQ1 2025: 462 institutionsQ2 2025: 485 institutionsQ3 2025: 500 institutionsQ4 2025: 548 institutionsQ1 2026: 580 institutionsQ2 2026: 556 institutions
Value heldQ4 2025: $10.3B
Q1 2021: $6.23BQ2 2021: $7.00BQ3 2021: $6.95BQ4 2021: $8.87BQ1 2022: $7.95BQ2 2022: $5.95BQ3 2022: $8.34BQ4 2022: $5.45BQ1 2023: $5.75BQ2 2023: $7.81BQ3 2023: $7.57BQ4 2023: $9.09BQ1 2024: $10.9BQ2 2024: $10.2BQ3 2024: $10.4BQ4 2024: $7.79BQ1 2025: $7.49BQ2 2025: $8.34BQ3 2025: $10.1BQ4 2025: $10.3BQ1 2026: $9.52BQ2 2026: $10.9B
Institutions holding WMS and their total value by quarter
QuarterHoldersValue
Q2 2026556$10.9B
Q1 2026580$9.52B
Q4 2025548$10.3B
Q3 2025500$10.1B
Q2 2025485$8.34B
Q1 2025462$7.49B
Q4 2024466$7.79B
Q3 2024489$10.4B
Q2 2024501$10.2B
Q1 2024493$10.9B
Q4 2023427$9.09B
Q3 2023415$7.57B
Q2 2023384$7.81B
Q1 2023353$5.75B
Q4 2022369$5.45B
Q3 2022383$8.34B
Q2 2022333$5.95B
Q1 2022315$7.95B
Q4 2021312$8.87B
Q3 2021291$6.95B
Q2 2021278$7.00B
Q1 2021268$6.23B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Advanced Drainage Systems, Inc.; share changes are against Q3 2025.

Institutions holding WMS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Cetera Trust Company, N.A2,600$376.6K0.20%+25+1.0%Added
Baker Avenue Asset Management, LP2,640$382.4K0.01%+847+47.2%Added
Guinness Asset Management LTD2,705$402.3K0.01%−205−7.0%Reduced
Outlook Wealth Advisors, LLC2,784$403.2K0.09%−52−1.8%Reduced
Isthmus Partners, LLC2,832$410.2K0.05%+2,832New
ProShare Advisors LLC2,868$415.4K0.00%−173−5.7%Reduced
Focus Financial Network, Inc.2,951$427.5K0.01%−332−10.1%Reduced
Norden Group LLC2,986$432.5K0.04%+136+4.8%Added
Scotia Capital Inc.2,992$433.3K0.00%+119+4.1%Added
Graham Capital Management, L.P.2,999$434.3K0.01%−1,367−31.3%Reduced
Tower Research Capital LLC (TRC)3,009$435.8K0.01%+309+11.4%Added
Advisor Group Holdings, Inc.3,030$438.9K0.00%−11,848−79.6%Reduced
US Bancorp3,047$441.3K0.00%+96+3.3%Added
Chesapeake Capital Corp3,060$443.2K0.37%+3,060New
Silvercrest Asset Management Group LLC3,095$448.2K0.00%+1,061+52.2%Added
Balance Wealth, LLC3,161$457.8K0.15%+3,161New
Exencial Wealth Advisors, LLC3,218$466.0K0.01%+40+1.3%Added
Cynosure Management, LLC3,231$467.9K0.05%+3,231New
RWC Asset Management LLP3,234$468.4K0.02%00.0%Unchanged
Oppenheimer Asset Management Inc.3,242$469.5K0.01%−1,706−34.5%Reduced
Alps Advisors Inc3,256$471.6K0.00%+36+1.1%Added
Maryland State Retirement & Pension System3,276$474.5K0.01%00.0%Unchanged
AXS Investments LLC3,300$477.9K0.16%00.0%Unchanged
Swiss Life Asset Management Ltd3,443$498.6K0.00%+42+1.2%Added
Portside Wealth Group, LLC3,463$501.5K0.07%−709−17.0%Reduced
Brave Asset Management Inc3,600$521.4K0.12%00.0%Unchanged
Journey Advisory Group, LLC3,627$525.4K0.04%+1,931+113.9%Added
Laird Norton Trust Company, LLC3,669$531.4K0.01%+3,669New
Dempze Nancy E3,700$535.9K0.28%−750−16.9%Reduced
Savant Capital, LLC3,763$545.0K0.00%−1,076−22.2%Reduced
Utah Retirement Systems3,776$546.9K0.01%00.0%Unchanged
Abacus Wealth Partners, LLC3,797$550.0K0.05%+3,797New
Y.D. More Investments Ltd4,000$579.3K0.03%+2,900+263.6%Added
Cullen Capital Management LLC4,002$579.6K0.01%+389+10.8%Added
Blue Edge Capital, LLC4,012$581.1K0.08%00.0%Unchanged
Aaron Wealth Advisors4,105$594.5K0.03%+4,105New
Nisa Investment Advisors, LLC4,120$596.7K0.00%+10.0%Added
Commonwealth Equity Services, LLC4,126$597.6K0.00%−5,292−56.2%Reduced
Crossmark Global Holdings, Inc.4,127$597.7K0.01%+5+0.1%Added
D.B. Root & Company, LLC4,158$602.2K0.15%−1,136−21.5%Reduced
Inceptionr LLC4,240$614.1K0.17%+4,240New
Sterling Capital Management LLC4,249$615.4K0.01%−119−2.7%Reduced
Sanctuary Advisors, LLC4,265$617.7K0.00%−139−3.2%Reduced
Dynamic Technology Lab Private Ltd4,316$625.0K0.14%+4,316New
Neuberger Berman Group LLC4,371$633.1K0.00%+247+6.0%Added
Henshaw Capital LLC4,424$640.7K0.02%00.0%Unchanged
Farther Finance Advisors, LLC4,438$642.8K0.01%−91−2.0%Reduced
Truist Financial Corp4,610$667.7K0.00%−270−5.5%Reduced
Gibbs Wealth Management4,257$676.0K0.16%−826−16.3%Reduced
Pathstone Holdings, LLC4,682$678.1K0.00%+105+2.3%Added
Syon Capital LLC4,708$681.9K0.03%+2,601+123.4%Added
Brown Advisory Inc4,709$682.1K0.00%−175−3.6%Reduced
Prime Capital Investment Advisors, LLC4,748$687.7K0.01%00.0%Unchanged
Jump Financial, LLC4,760$689.4K0.01%+4,760New
Cambridge Investment Research Advisors, Inc.4,791$694.0K0.00%−1,798−27.3%Reduced
Perigon Wealth Management, LLC4,905$710.4K0.01%+4,905New
Y-Intercept (Hong Kong) Ltd5,053$731.8K0.02%−25,870−83.7%Reduced
Fortis Group Advisors, LLC4,825$733.6K0.12%+4,825New
Virginia Retirement Systems Et Al5,104$739.2K0.00%+2,000+64.4%Added
Aristeia Capital LLC5,115$740.8K0.02%+2,800+121.0%Added
Securian Asset Management, Inc5,162$747.6K0.03%−200−3.7%Reduced
Graver Capital Management, LLC5,167$748.3K0.59%−325−5.9%Reduced
Lazard Asset Management LLC5,191$751.8K0.00%−5,571−51.8%Reduced
Voya Investment Management LLC5,220$756.0K0.00%−641−10.9%Reduced
First Eagle Investment Management, LLC5,326$771.4K0.00%+1,226+29.9%Added
Federation des caisses Desjardins du Quebec5,434$787.0K0.00%−10,756−66.4%Reduced
Prudential Financial Inc5,385$791.3K0.00%−1,585−22.7%Reduced
Intech Investment Management LLC5,706$826.4K0.01%−1,802−24.0%Reduced
Aquatic Capital Management LLC5,742$831.6K0.02%−9,625−62.6%Reduced
New York Life Investment Management LLC5,895$853.8K0.01%−876−12.9%Reduced
David Loasby5,570$873.3K0.06%−112−2.0%Reduced
Quadrant Capital Group LLC6,035$874.0K0.03%+19+0.3%Added
Ensign Peak Advisors, Inc6,061$877.8K0.00%−6,625−52.2%Reduced
Foresight Group Ltd Liability Partnership5,978$878.9K0.14%00.0%Unchanged
Dark Forest Capital Management LP6,179$894.9K0.04%+4,603+292.1%Added
Toroso Investments, LLC6,230$902.3K0.00%+4,115+194.6%Added
Allspring Global Investments Holdings, LLC6,147$919.8K0.00%−12,349−66.8%Reduced
Advisors Asset Management, Inc.6,373$923.0K0.02%−142−2.2%Reduced
Independent Advisor Alliance6,445$933.5K0.02%−555−7.9%Reduced
PFG Investments, LLC6,498$941.1K0.04%00.0%Unchanged
Xponance, Inc.6,574$952.1K0.01%−1,350−17.0%Reduced
Nomura Holdings Inc6,577$952.5K0.00%+2,647+67.4%Added
Federated Hermes, Inc.6,633$960.7K0.00%+243+3.8%Added
Squarepoint Ops LLC6,688$968.6K0.00%−38,621−85.2%Reduced
Magnetar Financial LLC6,720$973.3K0.01%+6,720New
QRG Capital Management, Inc.6,805$985.6K0.01%+2,248+49.3%Added
Landscape Capital Management, L.L.C.6,966$1.01M0.07%+4,862+231.1%Added
South Dakota Investment Council7,000$1.01M0.02%−600−7.9%Reduced
Nissay Asset Management Corp7,165$1.04M0.01%+3,994+126.0%Added
Entropy Technologies, LP7,216$1.05M0.06%+7,216New
Summit Trail Advisors, LLC7,251$1.05M0.02%+700+10.7%Added
Lecap Asset Management Ltd7,298$1.06M0.42%−1,936−21.0%Reduced
Public Employees Retirement Association of Colorado7,389$1.07M0.00%00.0%Unchanged
Mercer Global Advisors Inc7,489$1.08M0.00%+2,890+62.8%Added
CIBC World Markets Inc.7,565$1.10M0.00%−12,550−62.4%Reduced
Bridgefront Capital, LLC7,680$1.11M0.28%+5,756+299.2%Added
JustInvest LLC8,087$1.17M0.01%+461+6.0%Added
O'Shaughnessy Asset Management, LLC8,205$1.19M0.01%+3,055+59.3%Added
Wealth Enhancement Advisory Services, LLC8,001$1.20M0.00%+2,486+45.1%Added
Atria Investments LLC8,425$1.22M0.01%+649+8.3%Added