Republic Services
470 hedge funds and large institutions have $8.22B invested in Republic Services in 2013 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 178 increasing their positions, 161 reducing their positions, and 31 closing their positions.
71% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 31
66% more call options, than puts
Call options by funds: $4.49M | Put options by funds: $2.71M
11% more repeat investments, than reductions
Existing positions increased: 178 | Existing positions reduced: 161
5% more funds holding
Funds holding: 449 → 470 (+21)
0.92% more ownership
Funds ownership: 67.94% → 68.86% (+0.92%)
0% more capital invested
Capital invested by funds: $8.19B → $8.22B (+$30.5M)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$99.1M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$51.7M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
+$48.8M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$47.8M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$37.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$222M |
| 2 |
SONJCPFA
State of New Jersey Common Pension Fund A
Trenton,
New Jersey
|
-$45.7M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$44.9M |
| 4 |
SSM
Sound Shore Management
Greenwich,
Connecticut
|
-$42M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$35.7M |
RSG Hedge Fund Activity: Q4 2013 in Review
470 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q4 2013, worth a combined $8.22B — up 0.37% from $8.19B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new RSG positions and 31 closed out — a net gain of 22 holders — while 178 added to existing stakes and 161 trimmed.
The largest buyer was Norges Bank, adding an estimated $99.1M. The largest seller was Capital Research Global Investors, exiting entirely with an estimated $222M sold.
- 470 institutional investors held Republic Services (RSG) as of Q4 2013, up from 449 in Q3 2013.
- Funds reported $8.22B of Republic Services stock for Q4 2013, up 0.37% quarter-over-quarter.
- 53 funds opened new Republic Services positions in Q4 2013 and 31 closed out, a net change of +22 holders.
- The largest Republic Services buyer in Q4 2013 was Norges Bank, an estimated $99.1M added.
- The largest Republic Services seller in Q4 2013 was Capital Research Global Investors, an estimated $222M sold.
Based on aggregated 13F filings for Q4 2013.