Sands Capital Management
WCN

Sands Capital Management’s Waste Connections WCN Stock Holding History

Sands Capital Management’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 		$103M Sell
634,903
-330,977
-34% -$55.2M 0.4% 43
2025
Q4 		$169M Sell
965,880
-217,314
-18% -$37.6M 0.52% 40
2025
Q3 		$208M Buy
1,183,194
+63,112
+6% +$11.5M 0.57% 41
2025
Q2 		$209M Buy
1,120,082
+11,678
+1% +$2.25M 0.6% 36
2025
Q1 		$216M Buy
1,108,404
+511,519
+86% +$94.7M 0.74% 34
2024
Q4 		$102M Buy
596,885
+152,175
+34% +$27.7M 0.3% 48
2024
Q3 		$79.5M Buy
444,710
+82,375
+23% +$14.9M 0.24% 57
2024
Q2 		$63.5M Buy
362,335
+361,962
+97,041% +$60.5M 0.19% 56
2024
Q1 		$64.2K Sell
373
-5
-1% -$804 ﹤0.01% 71
2023
Q4 		$56.4K Buy
378
+164
+77% +$22.5K ﹤0.01% 70
2023
Q3 		$28.7K Sell
214
-31,658
-99% -$4.43M ﹤0.01% 72
2023
Q2 		$4.56M Sell
31,872
-29,452
-48% -$4.11M 0.01% 62
2023
Q1 		$8.53M Sell
61,324
-196
-0.3% -$26.1K 0.03% 64
2022
Q4 		$8.15M Sell
61,520
-21,770
-26% -$2.96M 0.03% 64
2022
Q3 		$11.3M Sell
83,290
-4,309
-5% -$588K 0.04% 62
2022
Q2 		$10.9M Sell
87,599
-30,571
-26% -$3.96M 0.04% 64
2022
Q1 		$16.5M Buy
118,170
+11,611
+11% +$1.49M 0.04% 63
2021
Q4 		$14.5M Sell
106,559
-22,583
-17% -$3M 0.03% 65
2021
Q3 		$16.3M Buy
129,142
+21,952
+20% +$2.78M 0.03% 66
2021
Q2 		$12.8M Buy
+107,190
New +$12.8M 0.02% 72

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 $6.73T AUM 46.02% 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

Sands Capital Management's WCN Position: Q1 2026 in Review

Sands Capital Management reduced its Waste Connections (WCN) stake by 34% in Q1 2026, selling an estimated $55.2M and leaving 634,903 shares worth $103M. The position accounts for 0.4% of the portfolio, ranked #43.

Sands Capital Management first reported a position in WCN in Q2 2021 and has held it in 20 quarters since. The position peaked at $216M in Q1 2025. 794 funds tracked by Wall St. Rank hold WCN as of Q1 2026.

  • Sands Capital Management held 634,903 shares of Waste Connections worth $103M as of Q1 2026.
  • Sands Capital Management sold 330,977 Waste Connections shares in Q1 2026, an estimated $55.2M.
  • Waste Connections made up 0.4% of Sands Capital Management's portfolio in Q1 2026, its #43 holding.
  • Sands Capital Management first reported a position in Waste Connections in Q2 2021 and has held it in 20 quarters since.
  • Sands Capital Management's Waste Connections position peaked at $216M in Q1 2025.
  • 794 funds tracked by Wall St. Rank held Waste Connections as of Q1 2026.

Based on Sands Capital Management's 13F filing for Q1 2026, filed 8 May 2026.