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Hilliard Today
By the People, for the People
Rathbones Group PLC Sells Shares of Advanced Drainage Systems
Institutional investor reduces stake in construction company
Published on Mar. 9, 2026
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Rathbones Group PLC, a UK-based investment management firm, has lowered its holdings in Advanced Drainage Systems, Inc. (NYSE:WMS) by 47.1% during the 3rd quarter. The firm now owns 157,225 shares of the construction company's stock, down from 297,007 shares previously.
Why it matters
This transaction by a major institutional investor provides insight into market sentiment and portfolio adjustments around Advanced Drainage Systems, a leading manufacturer of water management solutions in North America. Tracking such institutional activity can help investors understand broader trends in the construction and infrastructure sectors.
The details
According to a recent SEC filing, Rathbones Group PLC sold 139,782 shares of Advanced Drainage Systems during the 3rd quarter of 2025. The firm now owns approximately 0.20% of the company's outstanding shares, valued at $21.8 million as of the most recent filing.
- Rathbones Group PLC lowered its holdings in Advanced Drainage Systems during the 3rd quarter of 2025.
The players
Rathbones Group PLC
A UK-based investment management firm that previously held a larger stake in Advanced Drainage Systems.
Advanced Drainage Systems, Inc.
A leading manufacturer and supplier of water management solutions in North America, headquartered in Hilliard, Ohio.
The takeaway
This transaction highlights the shifting investment landscape around construction and infrastructure companies like Advanced Drainage Systems. Monitoring institutional activity can provide valuable insights for investors seeking to understand broader market trends and sentiment in these sectors.
