Macquarie Group Ltd. lowered its position in shares of Advanced Drainage Systems, Inc. ( NYSE:WMS – Free Report ) by 6.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 87,385 shares of the construction company's stock after selling 5,757 shares during the quarter. Macquarie Group Ltd. owned 0.11% of Advanced Drainage Systems worth $7,359,000 at the end of the most recent reporting period. A number of other large investors have also recently bought and sold shares of the company.

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