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Republic Services

700 hedge funds and large institutions have $15.5B invested in Republic Services in 2019 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 248 increasing their positions, 275 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

339% more call options, than puts

Call options by funds: $29.1M | Put options by funds: $6.64M

34% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 56

12% more capital invested

Capital invested by funds: $13.9B → $15.5B (+$1.67B)

2% more funds holding

Funds holding: 684700 (+16)

0.23% less ownership

Funds ownership: 60.28%60.05% (-0.23%)

10% less repeat investments, than reductions

Existing positions increased: 248 | Existing positions reduced: 275

25% less funds holding in top 10

Funds holding in top 10: 2015 (-5)

Holders
700
Holders Change
+16
Holders Change %
+2.34%
% of All Funds
15.15%
Holding in Top 10
15
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-25%
% of All Funds
0.32%
New
75
Increased
248
Reduced
275
Closed
56
Calls
$29.1M
Puts
$6.64M
Net Calls
+$22.5M
Net Calls Change
+$7.95M
Name Holding Trade Value Shares
Change
Change in
Stake
Swiss National Bank
26
Swiss National Bank
Switzerland
$139M +$3.41M +44,300 +3%
GF
27
Gabelli Funds
New York
$133M -$6.7M -87,000 -5%
WCM
28
Wedge Capital Management
North Carolina
$132M -$3.63M -47,166 -3%
Bank of New York Mellon
29
Bank of New York Mellon
New York
$131M +$1.28M +16,607 +1%
Capital World Investors
30
Capital World Investors
California
$121M
California Public Employees Retirement System
31
California Public Employees Retirement System
California
$120M +$24.4M +316,699 +27%
TD Asset Management
32
TD Asset Management
Ontario, Canada
$110M +$3.63M +47,143 +4%
UBS AM
33
UBS AM
Illinois
$103M -$4.37M -56,772 -4%
AllianceBernstein
34
AllianceBernstein
Tennessee
$103M +$24M +311,322 +32%
LSV Asset Management
35
LSV Asset Management
Illinois
$94.4M +$10.6M +137,800 +13%
Sumitomo Mitsui Trust Group
36
Sumitomo Mitsui Trust Group
Japan
$92.5M +$6.18M +80,144 +7%
CIC
37
Chilton Investment Company
Connecticut
$82.3M -$8.56M -111,061 -10%
Franklin Resources
38
Franklin Resources
California
$82M -$25.5M -331,246 -25%
CS
39
Credit Suisse
Switzerland
$79.4M -$7.19M -93,357 -9%
USAA
40
United Services Automobile Association
Texas
$77.4M +$2.97M +38,508 +4%
Two Sigma Advisers
41
Two Sigma Advisers
New York
$75.3M -$4.18M -54,200 -5%
Charles Schwab
42
Charles Schwab
California
$74.4M +$2.24M +29,119 +3%
BCM
43
Bridgeway Capital Management
Texas
$73.1M -$2.6M -33,700 -4%
Two Sigma Investments
44
Two Sigma Investments
New York
$72.3M -$807K -10,478 -1%
KeyBank National Association
45
KeyBank National Association
Ohio
$71.6M +$800K +10,381 +1%
CI Investments Inc
46
CI Investments Inc
Ontario, Canada
$69.8M -$17.4M -225,800 -21%
Morgan Stanley
47
Morgan Stanley
New York
$68.3M -$19.7M -255,090 -23%
TCIM
48
TIAA CREF Investment Management
New York
$67M -$6.96M -90,263 -10%
PGEBT
49
Pactiv General Employee Benefit Trust
Illinois
$66.7M
WRF
50
Waddell & Reed Financial
Kansas
$66M -$10.1M -131,285 -14%

RSG Hedge Fund Activity: Q1 2019 in Review

700 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q1 2019, worth a combined $15.5B — up 12% from $13.9B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new RSG positions and 56 closed out — a net gain of 19 holders — while 248 added to existing stakes and 275 trimmed.

The largest buyer was BlackRock, adding an estimated $64M. The largest seller was Wellington Management Group, cutting an estimated $67.7M.

  • 700 institutional investors held Republic Services (RSG) as of Q1 2019, up from 684 in Q4 2018.
  • Funds reported $15.5B of Republic Services stock for Q1 2019, up 12% quarter-over-quarter.
  • 75 funds opened new Republic Services positions in Q1 2019 and 56 closed out, a net change of +19 holders.
  • The largest Republic Services buyer in Q1 2019 was BlackRock, an estimated $64M added.
  • The largest Republic Services seller in Q1 2019 was Wellington Management Group, an estimated $67.7M sold.

Based on aggregated 13F filings for Q1 2019.