Casella Waste Systems
CWST
96 hedge funds and large institutions have $180M invested in Casella Waste Systems in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 32 increasing their positions, 30 reducing their positions, and 11 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more capital invested
Capital invested by funds: $158M → $180M (+$21.9M)
1% more funds holding
Funds holding: 95 → 96 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
7% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
+$2.82M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$1.69M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$1.68M |
| 4 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$1.12M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$658K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$1.64M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.29M |
| 3 |
RCM
Rutabaga Capital Management
Boston,
Massachusetts
|
-$1.18M |
| 4 |
PIA
Phoenix Investment Adviser
New York
|
-$1.06M |
| 5 |
Renaissance Technologies
New York
|
-$829K |
CWST Hedge Fund Activity: Q1 2016 in Review
96 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Casella Waste Systems (CWST) for Q1 2016, worth a combined $180M — up 14% from $158M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new CWST positions and 11 closed out — a net gain of 1 holder — while 32 added to existing stakes and 30 trimmed.
The largest buyer was Skylands Capital, adding an estimated $2.82M. The largest seller was McKinley Capital Management, exiting entirely with an estimated $1.64M sold.
- 96 institutional investors held Casella Waste Systems (CWST) as of Q1 2016, up from 95 in Q4 2015.
- Funds reported $180M of Casella Waste Systems stock for Q1 2016, up 14% quarter-over-quarter.
- 12 funds opened new Casella Waste Systems positions in Q1 2016 and 11 closed out, a net change of +1 holder.
- The largest Casella Waste Systems buyer in Q1 2016 was Skylands Capital, an estimated $2.82M added.
- The largest Casella Waste Systems seller in Q1 2016 was McKinley Capital Management, an estimated $1.64M sold.
Based on aggregated 13F filings for Q1 2016.