GFL Environmental Inc. Tangible Equity Units
GFLU
GFLU was delisted on the 14th of March, 2023.
25 hedge funds and large institutions have $740M invested in GFL Environmental Inc. Tangible Equity Units in 2021 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 25 → 25 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
26% less capital invested
Capital invested by funds: $1B → $740M (-$261M)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$68.3M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
+$17.9M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$8.17M |
| 4 |
JP Morgan Chase
New York
|
+$2.89M |
| 5 |
Morgan Stanley
New York
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Highbridge Capital Management
New York
|
-$46.9M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$40.8M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$34M |
| 4 |
D.E. Shaw & Co
New York
|
-$31M |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$21.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWC
26
TD Waterhouse Canada
Toronto,
Ontario, Canada
| $35.8K | +$37.3K | +418 | New |
|
|
CQS
27
Credential Qtrade Securities
Vancouver,
| $3.39K | – | – | – |
|
|
28
Verition Fund Management
Greenwich,
Connecticut
| – | -$40.8M | -476,537 | Closed |
|
|
WAM
29
Weiss Asset Management
Boston,
Massachusetts
| – | -$34M | -400,000 | Closed |
|
|
DKCM
30
Davidson Kempner Capital Management
New York
| – | -$11.1M | -130,000 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$176K | -2,066 | Closed |
|
GFLU Hedge Fund Activity: Q4 2021 in Review
25 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in GFL Environmental Inc. Tangible Equity Units (GFLU) for Q4 2021, worth a combined $740M — down 26% from $1B a quarter earlier.
Fund positioning in GFLU was balanced in Q4 2021: 4 funds opened new positions, 4 closed out, 6 added to existing stakes and 9 trimmed.
The largest buyer was HSBC Holdings, opening a new position worth an estimated $68.3M. The largest seller was Highbridge Capital Management, cutting an estimated $46.9M.
- 25 institutional investors held GFL Environmental Inc. Tangible Equity Units (GFLU) as of Q4 2021, unchanged from Q3 2021.
- Funds reported $740M of GFL Environmental Inc. Tangible Equity Units stock for Q4 2021, down 26% quarter-over-quarter.
- 4 funds opened new GFL Environmental Inc. Tangible Equity Units positions in Q4 2021 and 4 closed out, a net change of 0 holders.
- The largest GFL Environmental Inc. Tangible Equity Units buyer in Q4 2021 was HSBC Holdings, an estimated $68.3M added.
- The largest GFL Environmental Inc. Tangible Equity Units seller in Q4 2021 was Highbridge Capital Management, an estimated $46.9M sold.
Based on aggregated 13F filings for Q4 2021.