 BNP Paribas Arbitrage SA cut its holdings in Advanced Drainage Systems Inc NYSE:WMS by 89.4 in the first quarter, HoldingsChannel.com reports. The institutional investor owned 15,532 shares of the construction companys stock after selling 130,867 shares during the quarter. BNP Paribas Arbitrage SAs holdings in Advanced Drainage Systems were worth 457,000 at the end of ... 