MIG Capital, LLC WMS — ADVANCED DRAIN SYS INC DEL

Ownership history in MIG Capital, LLC  ·  27 quarters on record

AI Ownership Summary

MIG Capital, LLC reported ADVANCED DRAIN SYS INC DEL (WMS) in 27 quarterly 13F filings from 2023 Q4 through 2025 Q4. Peak portfolio weight reached 6.32% in 2023 Q4. The latest visible filing shows WMS at 2.94% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this WMS ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was MIG Capital, LLC's position in ADVANCED DRAIN SYS INC DEL, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q4

WMS was reported at 2.94% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
6.32% in 2023 Q4

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2023 Q4 to 2025 Q4

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

WMS stock page MIG Capital, LLC fund profile MIG Capital, LLC full holdings
How MIG Capital, LLC held WMS — position size vs. price
% of Fund (quarterly)    WMS price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 9 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q4 REDUCED 33.4% -5.2% ✅ 119,714 -60,170 -33.4% 2.94% $17.3M 2026-02-14 (Est.) $170.80
2025 Q3 REDUCED 22.4% +7.3% ❌ 179,884 -51,933 -22.4% 3.62% $24.9M 2025-11-13 $148.06
2025 Q2 UNCHANGED — — — 231,817 — 0% 2.75% $26.6M 2025-08-13 $142.08
2025 Q1 UNCHANGED — — — 231,817 — 0% 3.13% $25.2M 2025-05-14 $121.06
2024 Q4 ADDED — — — 231,817 +72,863 +45.8% 2.76% $26.8M 2025-02-13 $125.26
2024 Q3 REDUCED 23.9% -26.9% ✅ 158,954 -50,042 -23.9% 3.03% $25.0M 2024-11-14 $129.26
2024 Q2 REDUCED 19.9% -1.9% ✅ 208,996 -52,056 -19.9% 4.47% $33.5M 2024-08-13 $144.99
2024 Q1 REDUCED 18.8% -8.9% ✅ 261,052 -60,326 -18.8% 6.25% $45.0M 2024-05-14 $171.65
2023 Q4 UNCHANGED — — — 321,378 — 0% 6.32% $45.2M 2024-02-13 $156.26
18 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding WMS

As of 2026 Q1 — sorted by position size

Triodos Investment Management BV 3Y 7Y 5.57% Future Fund LLC 3Y 1.32% Robeco Schweiz AG 3Y 7Y 0.89% GENEVA CAPITAL MANAGEMENT LLC 3Y 7Y 0.75% CORBYN INVESTMENT MANAGEMENT INC/MD 3Y 7Y 0.7% Bell Asset Management Ltd 3Y 7Y 0.61% Capital Investment Counsel, LLC 0.52% Vision Capital Management, Inc. 3Y 7Y 0.51% PEREGRINE CAPITAL MANAGEMENT LLC 3Y 7Y 0.42% Jackson Creek Investment Advisors LLC 3Y 0.39%

FAQ About MIG Capital, LLC and WMS

These are the practical questions this page is built to answer before you even open the full history table.

How long has MIG Capital, LLC reported owning WMS?

MIG Capital, LLC reported WMS across 9 quarterly 13F filings, from 2023 Q4 through 2025 Q4.

What was the largest reported WMS position in MIG Capital, LLC's portfolio?

The largest reported portfolio weight for WMS was 6.32% in 2023 Q4.

What is the latest reported WMS position on this page?

The most recent filing on this page is 2025 Q4, when MIG Capital, LLC reported 119,714 shares, equal to 2.94% of portfolio, with an estimated market value of $17.3M.

What does the chart on this WMS ownership page compare?

The chart compares MIG Capital, LLC's quarterly WMS portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did MIG Capital, LLC time their WMS position?

Based on 13F filing dates vs. subsequent WMS price moves, MIG Capital, LLC correctly timed 8 out of 21 reported position changes (38%). The annualised alpha on WMS relative to SPY over the holding period was +14.6%.

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