Casella Waste Systems
CWST
299 hedge funds and large institutions have $4.38B invested in Casella Waste Systems in 2023 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 130 increasing their positions, 85 reducing their positions, and 54 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 85
45% more call options, than puts
Call options by funds: $1.08M | Put options by funds: $747K
7% less funds holding
Funds holding: 320 → 299 (-21)
8.86% less ownership
Funds ownership: 109.64% → 100.78% (-8.9%)
13% less capital invested
Capital invested by funds: $5.05B → $4.38B (-$661M)
37% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 54
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$63.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$46.9M |
| 3 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$28.7M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$27.7M |
| 5 |
Comerica Bank
Dallas,
Texas
|
+$16.9M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$52M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$20.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$20.1M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$15.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$15.7M |
CWST Hedge Fund Activity: Q3 2023 in Review
299 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Casella Waste Systems (CWST) for Q3 2023, worth a combined $4.38B — down 13% from $5.05B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of CWST and 34 opened new positions — a net loss of 20 holders — while 85 trimmed existing stakes and 130 added.
The largest buyer was T. Rowe Price Investment Management, adding an estimated $63.6M. The largest seller was Fidelity Investments, cutting an estimated $52M.
- 299 institutional investors held Casella Waste Systems (CWST) as of Q3 2023, down from 320 in Q2 2023.
- Funds reported $4.38B of Casella Waste Systems stock for Q3 2023, down 13% quarter-over-quarter.
- 34 funds opened new Casella Waste Systems positions in Q3 2023 and 54 closed out, a net change of -20 holders.
- The largest Casella Waste Systems buyer in Q3 2023 was T. Rowe Price Investment Management, an estimated $63.6M added.
- The largest Casella Waste Systems seller in Q3 2023 was Fidelity Investments, an estimated $52M sold.
Based on aggregated 13F filings for Q3 2023.