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 35 funds opening new positions, 129 increasing their positions, 85 reducing their positions, and 54 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 85
45% more call options, than puts
Call options by funds: $1.08M | Put options by funds: $747K
6% less funds holding
Funds holding: 319 → 299 (-20)
8.82% less ownership
Funds ownership: 109.6% → 100.78% (-8.8%)
13% less capital invested
Capital invested by funds: $5.05B → $4.38B (-$661M)
35% less first-time investments, than exits
New positions opened: 35 | Existing positions closed: 54
40% less funds holding in top 10
Funds holding in top 10: 10 → 6 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 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 |
Envestnet Asset Management
Chicago,
Illinois
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 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 6,310 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 35 opened new positions — a net loss of 19 holders — while 85 trimmed existing stakes and 129 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 319 in Q2 2023.
- Funds reported $4.38B of Casella Waste Systems stock for Q3 2023, down 13% quarter-over-quarter.
- 35 funds opened new Casella Waste Systems positions in Q3 2023 and 54 closed out, a net change of -19 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.