Republic Services
1,132 hedge funds and large institutions have $35B invested in Republic Services in 2024 Q1 according to their latest regulatory filings, with 126 funds opening new positions, 380 increasing their positions, 441 reducing their positions, and 66 closing their positions.
91% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 66
24% more call options, than puts
Call options by funds: $104M | Put options by funds: $84.2M
13% more capital invested
Capital invested by funds: $31B → $35B (+$4.08B)
4% more funds holding
Funds holding: 1,085 → 1,132 (+47)
0% more funds holding in top 10
Funds holding in top 10: 23 → 23 (0)
1.44% less ownership
Funds ownership: 59.7% → 58.26% (-1.4%)
14% less repeat investments, than reductions
Existing positions increased: 380 | Existing positions reduced: 441
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$247M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$239M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$239M |
| 4 |
State Street
Boston,
Massachusetts
|
+$143M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$113M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$869M |
| 2 |
JP Morgan Chase
New York
|
-$204M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$147M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$125M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$94M |
RSG Hedge Fund Activity: Q1 2024 in Review
1,132 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q1 2024, worth a combined $35B — up 13% from $31B a quarter earlier.
Buyers outnumbered sellers: 126 funds opened new RSG positions and 66 closed out — a net gain of 60 holders — while 380 added to existing stakes and 441 trimmed.
The largest buyer was TD Asset Management, adding an estimated $247M. The largest seller was Morgan Stanley, cutting an estimated $869M.
- 1,132 institutional investors held Republic Services (RSG) as of Q1 2024, up from 1,085 in Q4 2023.
- Funds reported $35B of Republic Services stock for Q1 2024, up 13% quarter-over-quarter.
- 126 funds opened new Republic Services positions in Q1 2024 and 66 closed out, a net change of +60 holders.
- The largest Republic Services buyer in Q1 2024 was TD Asset Management, an estimated $247M added.
- The largest Republic Services seller in Q1 2024 was Morgan Stanley, an estimated $869M sold.
Based on aggregated 13F filings for Q1 2024.