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GFL Environmental

211 hedge funds and large institutions have $8.43B invested in GFL Environmental in 2023 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 83 increasing their positions, 72 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 29

15% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 72

15% more capital invested

Capital invested by funds: $7.35B → $8.43B (+$1.09B)

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

3.58% more ownership

Funds ownership: 67.61%71.19% (+3.6%)

3% more funds holding

Funds holding: 204211 (+7)

55% less call options, than puts

Call options by funds: $4.09M | Put options by funds: $9.03M

Holders
211
Holders Change
+7
Holders Change %
+3.43%
% of All Funds
3.08%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.12%
New
36
Increased
83
Reduced
72
Closed
29
Calls
$4.09M
Puts
$9.03M
Net Calls
-$4.94M
Net Calls Change
-$5.82M
Name Holding Trade Value Shares
Change
Change in
Stake
OTPPB
1
Ontario Teachers' Pension Plan Board
Ontario, Canada
$1.36B
BPA
2
BC Partners Advisors
New York
$1.3B
Fidelity Investments
3
Fidelity Investments
Massachusetts
$674M -$140M -4,586,238 -19%
Capital Research Global Investors
4
Capital Research Global Investors
California
$584M +$72M +2,365,355 +16%
Morgan Stanley
5
Morgan Stanley
New York
$461M +$240M +7,897,687 +145%
Massachusetts Financial Services
6
Massachusetts Financial Services
Massachusetts
$449M +$14.6M +478,412 +4%
Pictet Asset Management
7
Pictet Asset Management
Switzerland
$335M +$129M +4,230,744 +78%
Nordea Investment Management
8
Nordea Investment Management
Sweden
$256M +$32.1M +1,053,530 +17%
Vanguard Group
9
Vanguard Group
Pennsylvania
$250M +$2.35M +77,156 +1%
CCP
10
Clarkston Capital Partners
Michigan
$212M +$67.9M +2,229,823 +57%
FAM
11
Fred Alger Management
New York
$206M -$2.06M -67,678 -1%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$190M +$389K +12,780 +0.2%
American Century Companies
13
American Century Companies
Missouri
$171M +$18.5M +609,039 +14%
Millennium Management
14
Millennium Management
New York
$167M +$109M +3,593,034 +291%
Deutsche Bank
15
Deutsche Bank
Germany
$133M +$31.3M +1,029,227 +37%
CIBC Asset Management
16
CIBC Asset Management
Ontario, Canada
$87.2M +$8.96M +294,432 +13%
BlackRock
17
BlackRock
New York
$86.2M -$3.81M -125,280 -5%
Norges Bank
18
Norges Bank
Norway
$85.4M -$86.9M -2,856,627 -54%
Caisse de Depot et Placement du Quebec (CDPQ)
19
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$69.9M +$5.05M +165,918 +9%
Marshall Wace
20
Marshall Wace
United Kingdom
$65.1M +$1.61M +52,837 +3%
TCM
21
TimesSquare Capital Management
New York
$60.4M -$19.7M -646,385 -27%
ACM
22
ADW Capital Management
Florida
$56.9M
Neuberger Berman Group
23
Neuberger Berman Group
New York
$49.9M -$235K -7,738 -0.5%
Point72 Asset Management
24
Point72 Asset Management
Connecticut
$48.3M +$19.1M +628,958 +82%
Jennison Associates
25
Jennison Associates
New York
$46M +$4.5M +147,954 +12%

GFL Hedge Fund Activity: Q4 2023 in Review

211 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in GFL Environmental (GFL) for Q4 2023, worth a combined $8.43B — up 15% from $7.35B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new GFL positions and 29 closed out — a net gain of 7 holders — while 83 added to existing stakes and 72 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $240M. The largest seller was Fidelity Investments, cutting an estimated $140M.

  • 211 institutional investors held GFL Environmental (GFL) as of Q4 2023, up from 204 in Q3 2023.
  • Funds reported $8.43B of GFL Environmental stock for Q4 2023, up 15% quarter-over-quarter.
  • 36 funds opened new GFL Environmental positions in Q4 2023 and 29 closed out, a net change of +7 holders.
  • The largest GFL Environmental buyer in Q4 2023 was Morgan Stanley, an estimated $240M added.
  • The largest GFL Environmental seller in Q4 2023 was Fidelity Investments, an estimated $140M sold.

Based on aggregated 13F filings for Q4 2023.