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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
Truist Financial Corp4,610$667.7K0.00%−270−5.5%Reduced
Farther Finance Advisors, LLC4,438$642.8K0.01%−91−2.0%Reduced
Henshaw Capital LLC4,424$640.7K0.02%00.0%Unchanged
Neuberger Berman Group LLC4,371$633.1K0.00%+247+6.0%Added
Dynamic Technology Lab Private Ltd4,316$625.0K0.14%+4,316New
Sanctuary Advisors, LLC4,265$617.7K0.00%−139−3.2%Reduced
Sterling Capital Management LLC4,249$615.4K0.01%−119−2.7%Reduced
Inceptionr LLC4,240$614.1K0.17%+4,240New
D.B. Root & Company, LLC4,158$602.2K0.15%−1,136−21.5%Reduced
Crossmark Global Holdings, Inc.4,127$597.7K0.01%+5+0.1%Added
Commonwealth Equity Services, LLC4,126$597.6K0.00%−5,292−56.2%Reduced
Nisa Investment Advisors, LLC4,120$596.7K0.00%+10.0%Added
Aaron Wealth Advisors4,105$594.5K0.03%+4,105New
Blue Edge Capital, LLC4,012$581.1K0.08%00.0%Unchanged
Cullen Capital Management LLC4,002$579.6K0.01%+389+10.8%Added
Y.D. More Investments Ltd4,000$579.3K0.03%+2,900+263.6%Added
Abacus Wealth Partners, LLC3,797$550.0K0.05%+3,797New
Utah Retirement Systems3,776$546.9K0.01%00.0%Unchanged
Savant Capital, LLC3,763$545.0K0.00%−1,076−22.2%Reduced
Dempze Nancy E3,700$535.9K0.28%−750−16.9%Reduced
Laird Norton Trust Company, LLC3,669$531.4K0.01%+3,669New
Journey Advisory Group, LLC3,627$525.4K0.04%+1,931+113.9%Added
Brave Asset Management Inc3,600$521.4K0.12%00.0%Unchanged
Portside Wealth Group, LLC3,463$501.5K0.07%−709−17.0%Reduced
Swiss Life Asset Management Ltd3,443$498.6K0.00%+42+1.2%Added
AXS Investments LLC3,300$477.9K0.16%00.0%Unchanged
Maryland State Retirement & Pension System3,276$474.5K0.01%00.0%Unchanged
Alps Advisors Inc3,256$471.6K0.00%+36+1.1%Added
Oppenheimer Asset Management Inc.3,242$469.5K0.01%−1,706−34.5%Reduced
RWC Asset Management LLP3,234$468.4K0.02%00.0%Unchanged
Cynosure Management, LLC3,231$467.9K0.05%+3,231New
Exencial Wealth Advisors, LLC3,218$466.0K0.01%+40+1.3%Added
Balance Wealth, LLC3,161$457.8K0.15%+3,161New
Silvercrest Asset Management Group LLC3,095$448.2K0.00%+1,061+52.2%Added
Chesapeake Capital Corp3,060$443.2K0.37%+3,060New
US Bancorp3,047$441.3K0.00%+96+3.3%Added
Advisor Group Holdings, Inc.3,030$438.9K0.00%−11,848−79.6%Reduced
Tower Research Capital LLC (TRC)3,009$435.8K0.01%+309+11.4%Added
Graham Capital Management, L.P.2,999$434.3K0.01%−1,367−31.3%Reduced
Scotia Capital Inc.2,992$433.3K0.00%+119+4.1%Added
Norden Group LLC2,986$432.5K0.04%+136+4.8%Added
Focus Financial Network, Inc.2,951$427.5K0.01%−332−10.1%Reduced
ProShare Advisors LLC2,868$415.4K0.00%−173−5.7%Reduced
Isthmus Partners, LLC2,832$410.2K0.05%+2,832New
Outlook Wealth Advisors, LLC2,784$403.2K0.09%−52−1.8%Reduced
Guinness Asset Management LTD2,705$402.3K0.01%−205−7.0%Reduced
Baker Avenue Asset Management, LP2,640$382.4K0.01%+847+47.2%Added
Cetera Trust Company, N.A2,600$376.6K0.20%+25+1.0%Added
Ballentine Partners, LLC2,569$372.1K0.01%+333+14.9%Added
Intrust Bank NA2,559$370.6K0.03%+116+4.7%Added
Institute for Wealth Management, LLC.2,523$365.4K0.04%00.0%Unchanged
North Dakota State Investment Board2,504$362.7K0.01%+2,504New
Inscription Capital, LLC2,495$361.4K0.04%+2,495New
Envestnet Portfolio Solutions, Inc.2,478$358.9K0.00%+345+16.2%Added
Teacher Retirement System of Texas2,441$353.5K0.00%−7,942−76.5%Reduced
CIBC Asset Management Inc2,432$352.2K0.00%00.0%Unchanged
TCW Group Inc2,409$348.9K0.00%+2,409New
Shelton Capital Management2,386$345.6K0.01%−147−5.8%Reduced
Park Avenue Securities LLC2,337$338.0K0.00%−725−23.7%Reduced
ISAM Funds (UK) Ltd2,303$333.5K0.12%+2,160+1,510.5%Added
Oarsman Capital, Inc.2,278$329.9K0.04%00.0%Unchanged
Benjamin Edwards Inc2,265$328.0K0.00%+24+1.1%Added
Chicago Partners Investment Group LLC2,116$324.0K0.01%+2,116New
Sepio Capital, LP2,235$323.7K0.02%+200+9.8%Added
M&G Plc2,218$321.6K0.00%00.0%Unchanged
Qsemble Capital Management, LP2,211$320.2K0.03%−1,265−36.4%Reduced
Ethic Inc.2,201$318.8K0.00%+2,201New
Silver Oak Securities, Inc2,153$316.3K0.02%+10.0%Added
Fox Run Management, L.L.C.2,176$315.1K0.05%+550+33.8%Added
Summit Creek Advisors LLC2,170$314.3K0.05%00.0%Unchanged
Captrust Financial Advisors2,170$314.3K0.00%+60+2.8%Added
Simplex Trading, LLC2,126$307.9K0.01%+1,664+360.2%Added
ELCO Management Co., LLC2,095$303.4K0.19%−365−14.8%Reduced
TradeLink Capital LLC2,090$303.0K2.42%−1,585−43.1%Reduced
Atomi Financial Group, Inc.2,076$300.7K0.01%+516+33.1%Added
Vident Advisory, LLC2,073$300.2K0.00%−168−7.5%Reduced
Skopos Labs, Inc.1,967$292.5K0.01%+1,967New
RSM US Wealth Management LLC1,985$291.7K0.00%+1,985New
JB Capital LLC2,006$290.6K0.01%00.0%Unchanged
Welch Financial Planning, LLC2,000$289.7K0.21%+2,000New
Bank Julius Baer & Co. Ltd, Zurich2,000$289.7K0.00%00.0%Unchanged
Prelude Capital Management, LLC1,998$289.4K0.02%+1,998New
Everence Capital Management Inc1,990$288.0K0.02%00.0%Unchanged
Quest Partners LLC1,984$287.3K0.02%−56−2.7%Reduced
Boston Trust Walden Corp1,975$286.0K0.00%00.0%Unchanged
Claret Asset Management Corp1,973$286.0K0.03%−5−0.3%Reduced
Jones Financial Companies LLLP1,972$285.6K0.00%−132−6.3%Reduced
MML Investors Services, LLC1,961$284.1K0.00%+64+3.4%Added
Kera Capital Partners, Inc.1,850$281.3K0.03%+1,850New
Ritholtz Wealth Management1,893$274.2K0.01%+1,893New
Private Advisor Group, LLC1,884$272.9K0.00%−7,470−79.9%Reduced
Versor Investments LP1,847$267.5K0.04%+1,847New
Callan Family Office, LLC1,844$267.1K0.01%+1,844New
Sequoia Financial Advisors, LLC1,833$265.5K0.00%+1,833New
Valeo Financial Advisors, LLC1,825$264.3K0.01%−440−19.4%Reduced
Marshall Financial Group LLC1,803$261.1K0.05%−7,726−81.1%Reduced
Forum Financial Management, LP1,789$259.1K0.00%+4+0.2%Added
Fiduciary Alliance LLC1,765$255.6K0.02%00.0%Unchanged
GAMMA Investing LLC1,690$244.8K0.01%+317+23.1%Added
Fieldview Capital Management, LLC1,689$244.6K0.04%+1,689New