Advantage Solutions Inc.

ADV • NASDAQ

Advantage Solutions Inc. is a advertising agencies company in the communication services sector on NASDAQ, led by Jill Griffin, with a market cap of $293.0M. As of Q3 2025, 31% of shares are held by 114 institutional investors, with LEONARD GREEN PARTNERS LP as the largest holder at 4.74%.

Chief Executive OfficerJill Griffin

Market Cap$293.0M

Advertising Agencies

Communication Services

Employees70.0K

Websiteadvantagesolutions.net

Country

United States of America

Overview

Overview of institutional ownership in ADV as of Q3 2025 with a market cap of $498.7M

All Institutions

Institutions: 114
Value Held: $155.3M
Shares Held: 101.5M
Avg Position: $1.4M
Median Position: $51.8K

Hedge Funds

Hedge Funds: 14
Value Held: $23.6M
Shares Held: 15.4M
Avg Position: $1.7M
Median Position: $156.7K

Ownership Breakdown

Institutional (non-HF)

26.41%

$131.7M

Hedge Funds

4.74%

$23.6M

Retail & Other

68.85%

$343.4M

Based on market cap of $498.7M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in ADV as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
LEONARD GREEN PARTNERS LP Private Equity	John Glenn Danhakl Managing Partner	$23.6M 0.90% of portfolio	4.74% 15.5M shares	Q4 2020 Held for 4y 11m	$2.6B
C CVC Management Holdings II Ltd. Institution	-	$23.4M 2.86% of portfolio	4.69% 15.3M shares	Q1 2024 Held for 1y 8m	$818.1M
A Atairos Partners GP, Inc. Private Equity	Michael James Angelakis CEO	$16.8M 55.88% of portfolio	3.37% 11.0M shares	Q1 2023 Held for 2y 8m	$30.1M
C CastleKnight Management LP Hedge Fund•Event Driven	Aaron Michael Weitman CIO	$15.3M 0.82% of portfolio	3.06% 10.0M shares	Q3 2022 Held for 3y 2m	$1.9B
B BlackRock, Inc. Institution	-	$10.6M 0.00% of portfolio	2.12% 6.9M shares	Q4 2020 Held for 4y 11m	$5.67T
T T. Rowe Price Investment Management, Inc. Insurance Manager	John Edward Robison President	$9.8M 0.01% of portfolio	1.96% 6.4M shares	Q3 2022 Held for 3y 2m	$161.58B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$6.6M 0.00% of portfolio	1.32% 4.3M shares	Q4 2022 Held for 2y 11m	$466.32B
B BAIN CAPITAL INVESTORS LLC Institution	-	$4.4M 0.13% of portfolio	0.89% 2.9M shares	Q4 2020 Held for 4y 11m	$3.4B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$4.2M 0.00% of portfolio	0.84% 2.7M shares	Q4 2020 Held for 4y 11m	$1.57T
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$4.2M 0.00% of portfolio	0.84% 2.7M shares	Q4 2020 Held for 4y 11m	$620.51B

Net Capital Flow

Institutional buying and selling activity for ADV in Q3 2025

Traded: +$157.2K
Buyers: 62
Sellers: 46
Total Bought: +$15.1M
Total Sold: −$14.9M
Avg Position: $1.2M

Biggest Buyers

Institution	Net Bought	Current Position
C CastleKnight Management LP Hedge Fund•Event Driven	+$4.0M +2.6M shares	$15.3M 10.0M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$1.5M +975.2K shares	$4.2M 2.7M shares
R Russell Investments Group, Ltd. RIA/Wealth	+$1.3M +874.9K shares	$1.7M 1.1M shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$1.3M +824.2K shares	$3.0M 2.0M shares
VANGUARD GROUP INC Institution	+$1.2M +773.6K shares	$4.1M 2.7M shares
B BlackRock, Inc. Institution	+$1.2M +764.9K shares	$10.6M 6.9M shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$891.6K +582.6K shares	$4.2M 2.7M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$592.1K +387.0K shares	$592.1K 387.0K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$332.4K +217.2K shares	$332.4K 217.2K shares
BANK OF AMERICA CORP /DE/ Institution	+$330.7K +216.2K shares	$440.4K 287.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
T T. Rowe Price Investment Management, Inc. Insurance Manager	−$10.6M −6.9M shares	$9.8M 6.4M shares
Indaba Capital Management, L.P. Hedge Fund•Event Driven	−$1.3M −980.9K shares	Sold Off 0 shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	−$500.1K −326.8K shares	$6.6M 4.3M shares
Sovereign's Capital Management, LLC Private Equity	−$423.4K −276.8K shares	$1.3M 833.8K shares
PRUDENTIAL FINANCIAL INC Institution	−$355.0K −232.1K shares	$615.5K 402.3K shares
LEVIN CAPITAL STRATEGIES, L.P. Hedge Fund•Multi-Strategy	−$253.1K −165.4K shares	$290.0K 189.6K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$196.8K −128.6K shares	$55.1K 36.0K shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	−$167.2K −109.3K shares	$3.9M 2.6M shares
STATE OF WISCONSIN INVESTMENT BOARD RIA/Wealth	−$146.0K −110.6K shares	Sold Off 0 shares
L LSV ASSET MANAGEMENT Long Only Manager	−$106.7K −80.8K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited ADV in Q3 2025

New Positions: 11
New Value: $406.9K
Exited Positions: 19
Exited Value: $1.9M

New Positions

Institution	Position Value
CITIZENS FINANCIAL GROUP INC/RI Institution	$183.9K 120.2K shares
E EntryPoint Capital, LLC Hedge Fund•Long/Short	$100.5K 65.7K shares
Rockefeller Capital Management L.P. Long Only Manager	$44.2K 28.9K shares
Voleon Capital Management LP Hedge Fund•Quant	$35.5K 23.2K shares
Retirement Planning Group RIA/Wealth	$17.6K 11.5K shares
S State of Alaska, Department of Revenue Institution	$14.6K 9.5K shares
HARBOR CAPITAL ADVISORS, INC. ETF Provider	$5.9K 3.8K shares
O Optiver Holding B.V. Institution	$2.5K 1.7K shares
Clayton Financial Group LLC RIA/Wealth	$1.5K 1.0K shares
B Bare Financial Services, Inc Institution	$424.0 277.0 shares

Exited Positions

Institution	Previous Position
Indaba Capital Management, L.P. Hedge Fund•Event Driven	$1.3M 980.9K shares
STATE OF WISCONSIN INVESTMENT BOARD RIA/Wealth	$146.0K 110.6K shares
L LSV ASSET MANAGEMENT Long Only Manager	$106.7K 80.8K shares
P Prentice Capital Management, LP Hedge Fund•Long/Short	$61.3K 46.5K shares
P Point72 Asia Pte. Ltd. Institution	$58.6K 44.4K shares
H HRT FINANCIAL LLC Institution	$48.8K 37.0K shares
S STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM Institution	$32.7K 24.8K shares
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	$31.4K 23.8K shares
Vident Advisory, LLC ETF Provider	$27.9K 21.2K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	$27.6K 20.9K shares

Options Activity

Institutions with the largest Call and Put options positions in ADV as of Q3 2025

Call Positions: 2
Call Value: $60.2K
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$59.7K 390.0 contracts
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	$533.0 598.7 contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with ADV as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
A Atairos Partners GP, Inc. Private Equity	Michael James Angelakis CEO	55.88% $16.8M	3.37% 11.0M shares	Q1 2023 Held for 2y 8m	$30.1M
C CVC Management Holdings II Ltd. Institution	-	2.86% $23.4M	4.69% 15.3M shares	Q1 2024 Held for 1y 8m	$818.1M
LEONARD GREEN PARTNERS LP Private Equity	John Glenn Danhakl Managing Partner	0.90% $23.6M	4.74% 15.5M shares	Q4 2020 Held for 4y 11m	$2.6B
C CastleKnight Management LP Hedge Fund•Event Driven	Aaron Michael Weitman CIO	0.82% $15.3M	3.06% 10.0M shares	Q3 2022 Held for 3y 2m	$1.9B
Sovereign's Capital Management, LLC Private Equity	Thomsen Paul Jacob Managing Partner	0.69% $1.3M	0.26% 833.8K shares	Q4 2024 Held for 11 months	$184.3M
CONTRARIAN CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Distressed	Jon Robert Bauer Managing Partner	0.68% $2.6M	0.52% 1.7M shares	Q2 2022 Held for 3y 5m	$382.0M
B BAIN CAPITAL INVESTORS LLC Institution	-	0.13% $4.4M	0.89% 2.9M shares	Q4 2020 Held for 4y 11m	$3.4B
MOSAIC FAMILY WEALTH PARTNERS, LLC RIA/Wealth	Duncan Scott Highmark President	0.09% $777.7K	0.15% 505.0K shares	Q2 2023 Held for 2y 5m	$852.4M
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	John Noland Ryan Montgomery CEO	0.08% $3.9M	0.79% 2.6M shares	Q3 2022 Held for 3y 2m	$4.7B
CWM Advisors, LLC ETF Provider	Robert John Netzly CEO	0.04% $452.7K	0.09% 295.9K shares	Q3 2024 Held for 1y 2m	$1.0B

Hedge Fund Spotlight

Discover hedge funds investing in ADV

LEVIN CAPITAL STRATEGIES, L.P.

Hedge Fund • Multi-Strategy

Portfolio ManagerJohn Andrew Levin

Portfolio Value: $1.1B
Positions: 182
Last Reported: Q3 2025

Sector Allocation

Position in Advantage Solutions Inc.

Market Value: $290.0K
Shares Held: 189.6K
Portfolio Weight: 0.03%
Owned Since: 2024-Q3

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$72.1M	6.61%
2 JPMorgan Chase JPM	Banks - Diversified Financial Services	$54.5M	5.00%
3 Bank of New York Mellon BK	Asset Management Financial Services	$46.2M	4.24%