Caisse de Depot et Placement du Quebec (CDPQ)
WCN

Caisse de Depot et Placement du Quebec (CDPQ)’s Waste Connections WCN Stock Holding History

Caisse de Depot et Placement du Quebec (CDPQ)’s Portfolio WCN Stock Details WCN Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q3 		– Sell
-708,951
Closed -$132M – 585
2025
Q2 		$132M Sell
708,951
-444,579
-39% -$85.6M 0.28% 79
2025
Q1 		$225M Buy
1,153,530
+762,468
+195% +$141M 0.47% 45
2024
Q4 		$67.1M Buy
391,062
+11,881
+3% +$2.16M 0.14% 166
2024
Q3 		$67.9M Sell
379,181
-179,509
-32% -$32.5M 0.13% 175
2024
Q2 		$98M Buy
558,690
+243,711
+77% +$40.7M 0.24% 101
2024
Q1 		$54.2M Buy
314,979
+227,522
+260% +$36.6M 0.13% 159
2023
Q4 		$13.1M Buy
87,457
+37,213
+74% +$5.11M 0.03% 276
2023
Q3 		$6.75M Sell
50,244
-33,589
-40% -$4.7M 0.02% 312
2023
Q2 		$12M Buy
83,833
+17,368
+26% +$2.42M 0.03% 289
2023
Q1 		$9.24M Sell
66,465
-45,274
-41% -$6.03M 0.03% 346
2022
Q4 		$14.8M Buy
111,739
+45,991
+70% +$6.26M 0.05% 287
2022
Q3 		$8.88M Buy
65,748
+32,948
+100% +$4.49M 0.03% 322
2022
Q2 		$4.07M Sell
32,800
-12,200
-27% -$1.58M 0.01% 385
2022
Q1 		$6.29M Buy
45,000
+36,600
+436% +$4.69M 0.01% 404
2021
Q4 		$1.15M Buy
8,400
+6,300
+300% +$837K ﹤0.01% 489
2021
Q3 		$264K Sell
2,100
-2,900
-58% -$367K ﹤0.01% 528
2021
Q2 		$597K Sell
5,000
-14,090
-74% -$1.68M ﹤0.01% 462
2021
Q1 		$2.06M Buy
19,090
+167
+0.9% +$17K ﹤0.01% 431
2020
Q4 		$1.94M Sell
18,923
-2,177
-10% -$225K ﹤0.01% 437
2020
Q3 		$2.19M Sell
21,100
-1,400
-6% -$140K 0.01% 384
2020
Q2 		$2.11M Sell
22,500
-1,843
-8% -$164K 0.01% 385
2020
Q1 		$1.89M Buy
24,343
+4,443
+22% +$418K 0.01% 417
2019
Q4 		$1.81M Sell
19,900
-5,700
-22% -$518K ﹤0.01% 478
2019
Q3 		$2.35M Buy
25,600
+800
+3% +$74K 0.01% 540
2019
Q2 		$2.37M Sell
24,800
-2,400
-9% -$221K 0.01% 463
2019
Q1 		$2.41M Sell
27,200
-4,800
-15% -$396K 0.01% 457
2018
Q4 		$2.38M Buy
32,000
+900
+3% +$68.5K 0.01% 455
2018
Q3 		$2.48M Sell
31,100
-1,300
-4% -$102K 0.01% 470
2018
Q2 		$2.44M Sell
32,400
-2,000
-6% -$150K 0.01% 492
2018
Q1 		$2.47M Buy
34,400
+4,600
+15% +$327K 0.01% 465
2017
Q4 		$2.11M Buy
29,800
+1,100
+4% +$76.8K ﹤0.01% 493
2017
Q3 		$2.02M Buy
28,700
+600
+2% +$39.6K ﹤0.01% 496
2017
Q2 		$1.8M Buy
28,100
+6,500
+30% +$404K ﹤0.01% 500
2017
Q1 		$1.27M Buy
21,600
+150
+0.7% +$8.35K ﹤0.01% 535
2016
Q4 		$1.12M Sell
21,450
-4,500
-17% -$227K ﹤0.01% 593
2016
Q3 		$1.29M Sell
25,950
-1,650
-6% -$83.2K ﹤0.01% 624
2016
Q2 		$1.33M Buy
+27,600
New +$1.26M ﹤0.01% 678

Other funds holding WCN

Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
Royal Bank of Canada
Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return
Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
Bank of Montreal
Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
WCM Investment Management
WCM Investment Management Laguna Beach, California $43.8B AUM 42.28% 1-Year Est. Return
Mackenzie Financial
Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return
Capital International Investors
Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return
1832 Asset Management
1832 Asset Management Toronto, Ontario, Canada $109B AUM 35.56% 1-Year Est. Return

Caisse de Depot et Placement du Quebec (CDPQ)'s WCN Position: Q3 2025 in Review

Caisse de Depot et Placement du Quebec (CDPQ) sold out of Waste Connections (WCN) in Q3 2025, closing a stake of 708,951 shares — an estimated $132M sold.

Caisse de Depot et Placement du Quebec (CDPQ) first reported a position in WCN in Q2 2016 and held it in 37 quarters. The position peaked at $225M in Q1 2025. 749 funds tracked by Wall St. Rank hold WCN as of Q3 2025.

  • Caisse de Depot et Placement du Quebec (CDPQ) reported no remaining Waste Connections position as of Q3 2025 after selling out during the quarter.
  • Caisse de Depot et Placement du Quebec (CDPQ) sold 708,951 Waste Connections shares in Q3 2025, an estimated $132M.
  • Caisse de Depot et Placement du Quebec (CDPQ) first reported a position in Waste Connections in Q2 2016 and held it in 37 quarters.
  • Caisse de Depot et Placement du Quebec (CDPQ)'s Waste Connections position peaked at $225M in Q1 2025.
  • 749 funds tracked by Wall St. Rank held Waste Connections as of Q3 2025.

Based on Caisse de Depot et Placement du Quebec (CDPQ)'s 13F filing for Q3 2025, filed 14 Nov 2025.