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GFL Environmental

112 hedge funds and large institutions have $5.44B invested in GFL Environmental in 2020 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 37 increasing their positions, 27 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

186% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 14

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

39% more capital invested

Capital invested by funds: $3.91B → $5.44B (+$1.52B)

37% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 27

30% more funds holding

Funds holding: 86112 (+26)

0.2% less ownership

Funds ownership: 61.7%61.5% (-0.2%)

43% less call options, than puts

Call options by funds: $7.33M | Put options by funds: $12.9M

Holders
112
Holders Change
+26
Holders Change %
+30.23%
% of All Funds
1.98%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.12%
New
40
Increased
37
Reduced
27
Closed
14
Calls
$7.33M
Puts
$12.9M
Net Calls
-$5.58M
Net Calls Change
-$1.2M
Name Holding Trade Value Shares
Change
Change in
Stake
EVM
26
Eaton Vance Management
Massachusetts
$19.7M
TD Asset Management
27
TD Asset Management
Ontario, Canada
$16.8M +$7.67M +313,271 +119%
Millennium Management
28
Millennium Management
New York
$16.5M -$310K -12,656 -2%
Sumitomo Mitsui Trust Group
29
Sumitomo Mitsui Trust Group
Japan
$15.8M +$13.4M +545,284 New
Canada Life
30
Canada Life
Manitoba, Canada
$15.5M +$1.3M +53,146 +11%
Two Sigma Investments
31
Two Sigma Investments
New York
$14.6M +$10.5M +428,100 +604%
Bank of America
32
Bank of America
North Carolina
$14.2M +$8.26M +337,327 +228%
NEI
33
Northwest & Ethical Investments
Ontario, Canada
$13.9M -$552K -22,531 -5%
Bank of Montreal
34
Bank of Montreal
Ontario, Canada
$12.7M -$12.8M -522,200 -55%
Legal & General Group
35
Legal & General Group
United Kingdom
$10.6M +$8.18M +334,054 +1,159%
Public Sector Pension Investment Board (PSP Investments)
36
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$10M +$8.41M +343,480 New
JP Morgan Chase
37
JP Morgan Chase
New York
$9.6M +$8M +326,925 +16,225%
Geode Capital Management
38
Geode Capital Management
Massachusetts
$9M +$7.63M +311,478 New
MWNA
39
Marshall Wace North America
New York
$8.87M -$59.5M -2,430,200 -89%
Bank of New York Mellon
40
Bank of New York Mellon
New York
$8.74M +$7.34M +299,605 New
Bank of Nova Scotia
41
Bank of Nova Scotia
Ontario, Canada
$7.41M +$6.21M +253,770 New
GH
42
Grosvenor Holdings
Illinois
$7.11M +$5.97M +243,797 New
RC
43
Renaissance Capital
Connecticut
$6.71M +$5.63M +229,962 New
Goldman Sachs
44
Goldman Sachs
New York
$6.27M +$2.81M +114,770 +115%
TRSOTSOK
45
Teachers Retirement System of the State of Kentucky
Kentucky
$5.74M -$212K -8,646 -4%
Deutsche Bank
46
Deutsche Bank
Germany
$5.73M +$4.81M +196,373 New
Connor, Clark & Lunn Investment Management (CC&L)
47
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$5.72M +$4.8M +196,200 New
BCIM
48
British Columbia Investment Management
British Columbia, Canada
$5.66M +$4.75M +194,105 New
CS
49
Credit Suisse
Switzerland
$5.51M +$4.62M +188,741 New
CIBC World Market
50
CIBC World Market
Ontario, Canada
$5.45M +$1.94M +79,390 +74%

GFL Hedge Fund Activity: Q4 2020 in Review

112 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in GFL Environmental (GFL) for Q4 2020, worth a combined $5.44B — up 39% from $3.91B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new GFL positions and 14 closed out — a net gain of 26 holders — while 37 added to existing stakes and 27 trimmed.

The largest buyer was Durable Capital Partners, adding an estimated $55.7M. The largest seller was OMERS Administration Corp, exiting entirely with an estimated $84.5M sold.

  • 112 institutional investors held GFL Environmental (GFL) as of Q4 2020, up from 86 in Q3 2020.
  • Funds reported $5.44B of GFL Environmental stock for Q4 2020, up 39% quarter-over-quarter.
  • 40 funds opened new GFL Environmental positions in Q4 2020 and 14 closed out, a net change of +26 holders.
  • The largest GFL Environmental buyer in Q4 2020 was Durable Capital Partners, an estimated $55.7M added.
  • The largest GFL Environmental seller in Q4 2020 was OMERS Administration Corp, an estimated $84.5M sold.

Based on aggregated 13F filings for Q4 2020.