Advanced Drainage Systems, Inc.
MX ˙ BMV ˙ US00790R1041
SecurityMX:WMS / Advanced Drainage Systems, Inc.
InstitutionBaillie Gifford & Co
Latest Disclosed Ownership2,047,349 shares
Latest Disclosed Value $ 280,752,969
Baillie Gifford & Co reports 8.76% decrease in ownership of WMS / Advanced Drainage Systems, Inc.

On May 8, 2026 - Baillie Gifford & Co filed a 13F-HR form disclosing ownership of 2,047,349 shares of Advanced Drainage Systems, Inc. (MX:WMS) valued at $280,752,969 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 23, 2026 disclosing 2,244,014 shares of Advanced Drainage Systems, Inc.. This represents a change in shares of -8.76% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-05-08 2026-03-31 13F Advanced Drainage Systems COM 00790R104 2,047,349 -196,665 -8.76 280,753 -13.61 0.2868
2026-01-23 2025-12-31 13F Advanced Drainage Systems COM 00790R104 2,244,014 -151,057 -6.31 325,001 -2.17 0.2701
2025-10-31 2025-09-30 13F Advanced Drainage Systems COM 00790R104 2,395,071 -77,439 -3.13 332,196 16.97 0.2461
2025-08-06 2025-06-30 13F Advanced Drainage Systems COM 00790R104 2,472,510 -19,809 -0.79 283,992 4.88 0.2121
2025-05-07 2025-03-31 13F Advanced Drainage Systems COM 00790R104 2,492,319 -176,806 -6.62 270,790 -12.24 0.2363
2025-01-31 2024-12-31 13F Advanced Drainage Systems COM 00790R104 2,669,125 -369,768 -12.17 308,551 -35.39 0.2371
2024-11-05 2024-09-30 13F Advanced Drainage Systems COM 00790R104 3,038,893 -86,049 -2.75 477,592 -4.71 0.3574
2024-07-25 2024-06-30 13F Advanced Drainage Systems COM 00790R104 3,124,942 -54,272 -1.71 501,209 -8.47 0.3905
2024-05-01 2024-03-31 13F Advanced Drainage Systems COM 00790R104 3,179,214 -201,282 -5.95 547,588 15.18 0.4259
2024-01-26 2023-12-31 13F Advanced Drainage Systems COM 00790R104 3,380,496 -139,385 -3.96 475,433 18.66 0.3768
2023-11-13 2023-09-30 13F Advanced Drainage Systems COM 00790R104 3,519,881 -90,821 -2.52 400,668 -2.47 0.3656
2023-07-28 2023-06-30 13F Advanced Drainage Systems COM 00790R104 3,610,702 1,044,426 40.70 410,826 90.10 0.3492
2023-05-03 2023-03-31 13F Advanced Drainage Systems COM 00790R104 2,566,276 2,448,435 2,077.74 216,106 2,137.35 0.1950
2023-03-10 2022-12-31 13F/A-1 Advanced Drainage Systems COM 00790R104 117,841 117,841 9,659 0.0101
2023-01-24 2022-12-31 13F Advanced Drainage Systems COM 00790R104 117,841 117,841 10 0.0101
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.