Advantage Solutions Inc (ADV) Smart Money Holdings (13F, Q2 2026)

ADV ranks #4861 out of 37696 tracked stocks by institutional interest, inside the more closely watched half of our coverage.

ADV is a top-conviction position for Atairos Partners GP, Inc. — at 46.2% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in ADV belongs to Leonard Green & Partners, L.P., but the position matters far more to Atairos Partners GP, Inc., who has 46.2% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

GAMMA Investing LLC has added to its ADV position for two straight quarters, increasing it by $714.0 to reach $1.1K today.

Essential Partners LLC has trimmed its ADV position for two straight quarters, cutting it by $1.9K while still holding $649.0.

ADV is down 4.7% today, but institutions show net buying of $11.8M this quarter — a divergence between today's price move and the underlying institutional flow.

ADV reported a net loss of $275.7M over the trailing twelve months.

• Not yet profitable — net loss of $275.7M over the trailing twelve months
• Revenue grew 2.2% year over year
• Net income improved year over year, from -$307.4M to -$275.7M
• Generated $61.5M in positive operating cash flow
• Current ratio of 2.25x — enough short-term assets to cover short-term liabilities
• Liabilities run 4.04x equity — a highly leveraged balance sheet worth noting