Republic Services
538 hedge funds and large institutions have $10.4B invested in Republic Services in 2016 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 192 increasing their positions, 225 reducing their positions, and 39 closing their positions.
15% more call options, than puts
Call options by funds: $3.99M | Put options by funds: $3.48M
0.24% more ownership
Funds ownership: 61.88% → 62.12% (+0.24%)
2% less capital invested
Capital invested by funds: $10.5B → $10.4B (-$165M)
2% less funds holding
Funds holding: 550 → 538 (-12)
15% less repeat investments, than reductions
Existing positions increased: 192 | Existing positions reduced: 225
15% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 39
33% less funds holding in top 10
Funds holding in top 10: 18 → 12 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$61.4M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$51.2M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$38.3M |
| 4 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
+$28.8M |
| 5 |
State Street
Boston,
Massachusetts
|
+$28.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$57.9M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$45.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$42.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$32.1M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$27.1M |
RSG Hedge Fund Activity: Q3 2016 in Review
538 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q3 2016, worth a combined $10.4B — down 1.6% from $10.5B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of RSG and 33 opened new positions — a net loss of 6 holders — while 225 trimmed existing stakes and 192 added.
The largest buyer was JP Morgan Chase, adding an estimated $61.4M. The largest seller was Sentry Investments, cutting an estimated $57.9M.
- 538 institutional investors held Republic Services (RSG) as of Q3 2016, down from 550 in Q2 2016.
- Funds reported $10.4B of Republic Services stock for Q3 2016, down 1.6% quarter-over-quarter.
- 33 funds opened new Republic Services positions in Q3 2016 and 39 closed out, a net change of -6 holders.
- The largest Republic Services buyer in Q3 2016 was JP Morgan Chase, an estimated $61.4M added.
- The largest Republic Services seller in Q3 2016 was Sentry Investments, an estimated $57.9M sold.
Based on aggregated 13F filings for Q3 2016.