Republic Services
726 hedge funds and large institutions have $14B invested in Republic Services in 2020 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 262 increasing their positions, 297 reducing their positions, and 73 closing their positions.
35% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $10.9M
15% more funds holding in top 10
Funds holding in top 10: 13 → 15 (+2)
0% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 73
0.35% less ownership
Funds ownership: 58.82% → 58.46% (-0.35%)
1% less funds holding
Funds holding: 731 → 726 (-5)
12% less repeat investments, than reductions
Existing positions increased: 262 | Existing positions reduced: 297
17% less capital invested
Capital invested by funds: $16.8B → $14B (-$2.81B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$166M |
| 2 |
Renaissance Technologies
New York
|
+$94.5M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$65.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$60.9M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$59.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$143M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$115M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$72.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$68M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$67.3M |
RSG Hedge Fund Activity: Q1 2020 in Review
726 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q1 2020, worth a combined $14B — down 17% from $16.8B a quarter earlier.
Fund positioning in RSG was balanced in Q1 2020: 73 funds opened new positions, 73 closed out, 262 added to existing stakes and 297 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $166M. The largest seller was American Century Companies, cutting an estimated $143M.
- 726 institutional investors held Republic Services (RSG) as of Q1 2020, down from 731 in Q4 2019.
- Funds reported $14B of Republic Services stock for Q1 2020, down 17% quarter-over-quarter.
- 73 funds opened new Republic Services positions in Q1 2020 and 73 closed out, a net change of 0 holders.
- The largest Republic Services buyer in Q1 2020 was Victory Capital Management, an estimated $166M added.
- The largest Republic Services seller in Q1 2020 was American Century Companies, an estimated $143M sold.
Based on aggregated 13F filings for Q1 2020.