Cliff Asness's WMS Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 11,485 shares of Advanced Drainage Systems, Inc. (WMS) worth $1.57 M, representing 0.00% of the portfolio. First purchased in 2015-Q3, this long-term strategic position has been held for 41 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in WMS, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2019, adding 17,756 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
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2015 | +14,321 | New Buy | 14,321 | $28.91 |
| Q4 2015 | +6,297 | Add 43.97% | 20,618 | $24.01 |
| Q1 2016 | -9,645 | Reduce 46.78% | 10,973 | $21.33 |
| Q2 2016 | -10,973 | Sold Out | 10,973 | $0.00 |
| Q3 2018 | +9,853 | New Buy | 9,853 | $30.85 |
| Q4 2018 | +7,415 | Add 75.26% | 17,268 | $24.26 |
| Q1 2019 | +17,756 | Add 102.83% | 35,024 | $25.78 |
| Q2 2019 | +167 | Add 0.48% | 35,191 | $32.79 |
| Q3 2019 | -15,735 | Reduce 44.71% | 19,456 | $32.28 |
| Q4 2019 | -112 | Reduce 0.58% | 19,344 | $38.82 |
| Q1 2020 | +1,020 | Add 5.27% | 20,364 | $29.46 |
| Q2 2020 | -2,231 | Reduce 10.96% | 18,133 | $49.41 |
| Q3 2020 | +151 | Add 0.83% | 18,284 | $62.46 |
| Q4 2020 | -2,368 | Reduce 12.95% | 15,916 | $83.56 |
| Q1 2021 | +13,216 | Add 83.04% | 29,132 | $103.39 |
| Q2 2021 | -4,778 | Reduce 16.40% | 24,354 | $116.57 |
| Q3 2021 | -3,093 | Reduce 12.70% | 21,261 | $108.18 |
| Q4 2021 | -21,261 | Sold Out | 21,261 | $0.00 |
| Q3 2022 | +7,704 | New Buy | 7,704 | $123.44 |
| Q4 2022 | -7,704 | Sold Out | 7,704 | $0.00 |
| Q2 2024 | +22,217 | New Buy | 22,217 | $160.39 |
| Q3 2024 | +11,346 | Add 51.07% | 33,563 | $157.16 |
| Q4 2024 | -30,601 | Reduce 91.17% | 2,962 | $115.61 |
| Q1 2025 | -2,962 | Sold Out | 2,962 | $0.00 |
| Q2 2025 | +3,270 | New Buy | 3,270 | $114.41 |
| Q3 2025 | +8,215 | Add 251.22% | 11,485 | $137.08 |
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 41 quarters since Q3 2015. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to Advanced Drainage Systems, Inc. (WMS) was in Q2 2024, adding 22,217 shares worth $3.56 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 11,485 shares of Advanced Drainage Systems, Inc. (WMS), valued at approximately $1.57 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 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. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in Advanced Drainage Systems, Inc. (WMS) was 35,191 shares, as reported at the end of Q2 2019. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.