National Bank of Canada
WCN

National Bank of Canada’s Waste Connections WCN Stock Holding History

National Bank of Canada’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
2026
Q1 		$324M Sell
1,998,395
-86,178
-4% -$14.4M 0.29% 67
2025
Q4 		$364M Sell
2,084,573
-141,094
-6% -$24.4M 0.33% 58
2025
Q3 		$389M Sell
2,225,667
-459,655
-17% -$83.7M 0.39% 50
2025
Q2 		$501M Sell
2,685,322
-116,852
-4% -$22.5M 0.48% 37
2025
Q1 		$541M Sell
2,802,174
-137,466
-5% -$25.4M 0.57% 32
2024
Q4 		$504M Buy
2,939,640
+261,078
+10% +$47.4M 0.53% 36
2024
Q3 		$479M Buy
2,678,562
+699,012
+35% +$126M 0.55% 34
2024
Q2 		$345M Sell
1,979,550
-317,926
-14% -$53.1M 0.47% 39
2024
Q1 		$384M Sell
2,297,476
-284,917
-11% -$45.8M 0.59% 30
2023
Q4 		$383M Buy
2,582,393
+147,271
+6% +$20.2M 0.61% 29
2023
Q3 		$323M Buy
2,435,122
+38,191
+2% +$5.34M 0.49% 40
2023
Q2 		$342M Sell
2,396,931
-35,759
-1% -$4.99M 0.63% 30
2023
Q1 		$338M Buy
2,432,690
+45,186
+2% +$6.01M 0.83% 23
2022
Q4 		$316M Buy
2,387,504
+1,487,402
+165% +$202M 0.81% 22
2022
Q3 		$122M Buy
900,102
+34,432
+4% +$4.69M 0.66% 31
2022
Q2 		$107M Sell
865,670
-23,184
-3% -$3.01M 0.49% 43
2022
Q1 		$124M Buy
888,854
+616,234
+226% +$79M 0.37% 60
2021
Q4 		$37.1M Buy
+272,620
New +$36.2M 0.13% 135

Other funds holding WCN

VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
Royal Bank of Canada
Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return
VPM
Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM
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
1832 Asset Management
1832 Asset Management Toronto, Ontario, Canada $109B AUM 35.56% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Capital International Investors
Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return
Mackenzie Financial
Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

National Bank of Canada's WCN Position: Q1 2026 in Review

National Bank of Canada reduced its Waste Connections (WCN) stake by 4.1% in Q1 2026, selling an estimated $14.4M and leaving 1,998,395 shares worth $324M. The position accounts for 0.29% of the portfolio, ranked #67.

National Bank of Canada first reported a position in WCN in Q4 2021 and has held it in 18 quarters since. The position peaked at $541M in Q1 2025. 794 funds tracked by Wall St. Rank hold WCN as of Q1 2026.

  • National Bank of Canada held 1,998,395 shares of Waste Connections worth $324M as of Q1 2026.
  • National Bank of Canada sold 86,178 Waste Connections shares in Q1 2026, an estimated $14.4M.
  • Waste Connections made up 0.29% of National Bank of Canada's portfolio in Q1 2026, its #67 holding.
  • National Bank of Canada first reported a position in Waste Connections in Q4 2021 and has held it in 18 quarters since.
  • National Bank of Canada's Waste Connections position peaked at $541M in Q1 2025.
  • 794 funds tracked by Wall St. Rank held Waste Connections as of Q1 2026.

Based on National Bank of Canada's 13F filing for Q1 2026, filed 15 May 2026.