(ADV) Institutional Ownership Changes & 13F Activity

ADV (ADV) institutional ownership data tracks hedge funds, asset managers, and other institutional investors based on recent SEC 13F filings (Q4 2025). This page analyzes institutional buying and selling activity, new holdings, and sold-out positions among tracked filers. Notable filers include Renaissance Technologies LLC and Baupost Group.

Portfolio quarterNameTypeQuantityRemainingReported stock balance
Q4 2025Renaissance Technologies LLCBuy30,400801,200$705,056
Q3 2025Renaissance Technologies LLCBuy75,400770,800$1,179,324
Q2 2025Renaissance Technologies LLCBuy34,200695,400$917,928
Q1 2025Renaissance Technologies LLCBuy12,700661,200$998,412
Q4 2024Renaissance Technologies LLCBuy7,000648,500$1,893,620
Q3 2024Renaissance Technologies LLCBuy8,700641,500$2,200,345
Q2 2024Renaissance Technologies LLCSell-106,000632,800$2,037,616
Q1 2024Renaissance Technologies LLCBuy19,000738,800$3,199
Q4 2023Renaissance Technologies LLCBuy311,000719,800$2,606
Q3 2023Baupost GroupSell-4,497,3876,153,982$17,477
Q3 2023Renaissance Technologies LLCBuy212,034408,800$1,161
Q2 2023Baupost GroupSell-350,25510,651,369$24,924
Q2 2023Renaissance Technologies LLCBuy9,466196,766$460
Q1 2023Renaissance Technologies LLCBuy88,700187,300$296
Q4 2022Baupost GroupSell-839,70311,001,624$22,477
Q4 2022Renaissance Technologies LLCBuy5,10098,600$205
Q3 2022Renaissance Technologies LLCSell-70093,500$199
Q2 2022Baupost GroupSell-198,62511,841,327$43,643
Q2 2022Renaissance Technologies LLCBuy66,20094,200$358
Q1 2022Baupost GroupSell-155,04812,039,952$74,285
Q1 2022Renaissance Technologies LLCSell-139,10028,000$179
Q2 2021Baupost GroupSell-305,00012,195,000$129,556
Q2 2021Renaissance Technologies LLCBuy167,100167,100$1,803
Q4 2020Baupost GroupBuy12,500,00012,500,000$161,216

Frequently asked questions about ADV activity

  • Which institutional owners are buying ADV?

    Institutional owners buying ADV include investors who have either initiated new positions or increased their existing holdings based on recent SEC 13F filings. The activity table above highlights which funds added shares in the latest reporting periods and how their positions changed over time.

  • What does "buy" mean in ADV activity?

    "Buy" means an investor increased their reported position in ADV compared to the prior reporting period. This reflects growing exposure to ADV rather than necessarily a brand-new position (though new positions also appear as buys when prior quantity was zero).

  • Is institutional interest in ADV increasing?

    Institutional interest in ADV can be assessed by comparing the number of tracked funds adding or increasing positions versus those trimming or exiting across the periods shown. A higher number of additions typically signals increasing participation among large filers, but it should be read alongside position sizes and the full table.