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GFLU

GFL Environmental Inc. Tangible Equity Units

Delisted

GFLU was delisted on the 14th of March, 2023.

27 hedge funds and large institutions have $691M invested in GFL Environmental Inc. Tangible Equity Units in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more capital invested

Capital invested by funds: $571M → $691M (+$120M)

10% less funds holding

Funds holding: 3027 (-3)

22% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 9

30% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 10

Holders
27
Holders Change
-3
Holders Change %
-10%
% of All Funds
0.55%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
7
Reduced
9
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
1
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$221M +$78.1K +1,658 +0%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$106M
Allianz Asset Management
3
Allianz Asset Management
Germany
$88.6M +$85.6M +1,818,500 New
Norges Bank
4
Norges Bank
Norway
$63.3M
DKCM
5
Davidson Kempner Capital Management
New York
$39M
HCM
6
Highbridge Capital Management
New York
$31.4M +$16.1M +342,691 +113%
Jennison Associates
7
Jennison Associates
New York
$22.1M +$2M +42,525 +10%
OCM
8
Osterweis Capital Management
California
$19.5M
AA
9
AQR Arbitrage
Connecticut
$17.2M +$3.93M +83,400 +32%
State Street
10
State Street
Massachusetts
$16.2M -$942K -20,000 -6%
WAM
11
Wolverine Asset Management
Illinois
$14.8M +$611K +12,971 +5%
EVM
12
Eaton Vance Management
Massachusetts
$8.78M +$3.77M +80,066 +80%
VanEck Associates
13
VanEck Associates
New York
$7.29M -$365K -7,757 -5%
Wells Fargo
14
Wells Fargo
California
$6.26M +$4.57M +97,000 +320%
Blackstone Inc
15
Blackstone Inc
New York
$5.03M -$16.5M -350,815 -77%
HA
16
H2O AM
United Kingdom
$5M
JP Morgan Chase
17
JP Morgan Chase
New York
$4.87M -$1.95M -41,518 -29%
ICM
18
III Capital Management
Florida
$4.74M -$2.59M -55,000 -37%
CI Investments Inc
19
CI Investments Inc
Ontario, Canada
$3.73M -$165K -3,500 -4%
BCM
20
BlueCrest Capital Management
Jersey
$1.35M +$1.3M +27,716 New
Goldman Sachs
21
Goldman Sachs
New York
$1.19M +$1.15M +24,503 New
AII
22
AGF Investments Inc
Ontario, Canada
$975K
MA
23
MUFG Americas
New York
$924K +$890K +18,908 New
Invesco
24
Invesco
Georgia
$488K
Bank of America
25
Bank of America
North Carolina
$357K -$4.22M -89,615 -92%

GFLU Hedge Fund Activity: Q2 2020 in Review

27 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in GFL Environmental Inc. Tangible Equity Units (GFLU) for Q2 2020, worth a combined $691M — up 21% from $571M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of GFLU and 7 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 7 added.

The largest buyer was Allianz Asset Management, opening a new position worth an estimated $85.6M. The largest seller was Blackstone Inc, cutting an estimated $16.5M.

  • 27 institutional investors held GFL Environmental Inc. Tangible Equity Units (GFLU) as of Q2 2020, down from 30 in Q1 2020.
  • Funds reported $691M of GFL Environmental Inc. Tangible Equity Units stock for Q2 2020, up 21% quarter-over-quarter.
  • 7 funds opened new GFL Environmental Inc. Tangible Equity Units positions in Q2 2020 and 10 closed out, a net change of -3 holders.
  • The largest GFL Environmental Inc. Tangible Equity Units buyer in Q2 2020 was Allianz Asset Management, an estimated $85.6M added.
  • The largest GFL Environmental Inc. Tangible Equity Units seller in Q2 2020 was Blackstone Inc, an estimated $16.5M sold.

Based on aggregated 13F filings for Q2 2020.