Cliff Asness's WMS Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 45,360 shares of Advanced Drainage Systems, Inc. (WMS) worth $6.57 M, representing 0.00% of the portfolio. First purchased in 2015-Q3, this long-term strategic position has been held for 27 quarters.
Based on 13F filings, Cliff Asness has maintained a strategic position in WMS, demonstrating sustained confidence in this investment. Largest addition occurred in Q4 2025, adding 33,875 shares. Largest reduction occurred in Q4 2024, reducing 30,601 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Advanced Drainage Systems (WMS) Holding Value Over Time
Track share changes against reported price movement
Quarterly Advanced Drainage Systems (WMS) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +33,875 | Add 294.95% | 45,360 | $144.83 |
| Q3 2025 | +8,215 | Add 251.22% | 11,485 | $137.08 |
| Q2 2025 | +3,270 | New Buy | 3,270 | $114.41 |
| Q1 2025 | -2,962 | Sold Out | 0 | $0.00 |
| Q4 2024 | -30,601 | Reduce 91.17% | 2,962 | $115.61 |
| Q3 2024 | +11,346 | Add 51.07% | 33,563 | $157.16 |
| Q2 2024 | +22,217 | New Buy | 22,217 | $160.39 |
| Q4 2022 | -7,704 | Sold Out | 0 | $0.00 |
| Q3 2022 | +7,704 | New Buy | 7,704 | $123.44 |
| Q4 2021 | -21,261 | Sold Out | 0 | $0.00 |
| Q3 2021 | -3,093 | Reduce 12.70% | 21,261 | $108.18 |
| Q2 2021 | -4,778 | Reduce 16.40% | 24,354 | $116.57 |
| Q1 2021 | +13,216 | Add 83.04% | 29,132 | $103.39 |
| Q4 2020 | -2,368 | Reduce 12.95% | 15,916 | $83.56 |
| Q3 2020 | +151 | Add 0.83% | 18,284 | $62.46 |
| Q2 2020 | -2,231 | Reduce 10.96% | 18,133 | $49.41 |
| Q1 2020 | +1,020 | Add 5.27% | 20,364 | $29.46 |
| Q4 2019 | -112 | Reduce 0.58% | 19,344 | $38.82 |
| Q3 2019 | -15,735 | Reduce 44.71% | 19,456 | $32.28 |
| Q2 2019 | +167 | Add 0.48% | 35,191 | $32.79 |
| Q1 2019 | +17,756 | Add 102.83% | 35,024 | $25.78 |
| Q4 2018 | +7,415 | Add 75.26% | 17,268 | $24.26 |
| Q3 2018 | +9,853 | New Buy | 9,853 | $30.85 |
| Q2 2016 | -10,973 | Sold Out | 0 | $0.00 |
| Q1 2016 | -9,645 | Reduce 46.78% | 10,973 | $21.33 |
| Q4 2015 | +6,297 | Add 43.97% | 20,618 | $24.01 |
| Q3 2015 | +14,321 | New Buy | 14,321 | $28.91 |
Cliff Asness's Advanced Drainage Systems Investment FAQs
Cliff Asness first purchased Advanced Drainage Systems, Inc. (WMS) in Q3 2015, acquiring 14,321 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Advanced Drainage Systems, Inc. (WMS) for 27 quarters since Q3 2015.
Cliff Asness's largest addition to Advanced Drainage Systems, Inc. (WMS) was in Q4 2025, adding 45,360 shares worth $6.57 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 45,360 shares of Advanced Drainage Systems, Inc. (WMS), valued at approximately $6.57 M.
As of the Q4 2025 filing, Advanced Drainage Systems, Inc. (WMS) represents approximately 0.00% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Advanced Drainage Systems, Inc. (WMS) was 45,360 shares, as reported at the end of Q4 2025.