Republic Services
682 hedge funds and large institutions have $16.7B invested in Republic Services in 2019 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 259 increasing their positions, 277 reducing their positions, and 59 closing their positions.
57% more call options, than puts
Call options by funds: $13.8M | Put options by funds: $8.8M
20% more funds holding in top 10
Funds holding in top 10: 15 → 18 (+3)
7% more capital invested
Capital invested by funds: $15.5B → $16.7B (+$1.13B)
0.23% less ownership
Funds ownership: 60.05% → 59.82% (-0.23%)
6% less repeat investments, than reductions
Existing positions increased: 259 | Existing positions reduced: 277
3% less funds holding
Funds holding: 700 → 682 (-18)
15% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$224M |
| 2 |
Parnassus Investments
San Francisco,
California
|
+$89.7M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$68.5M |
| 4 |
MWNA
Marshall Wace North America
New York
|
+$55.7M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$49.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$66M |
| 2 |
Two Sigma Investments
New York
|
-$36.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$35M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$30.1M |
| 5 |
Goldman Sachs
New York
|
-$28.4M |
RSG Hedge Fund Activity: Q2 2019 in Review
682 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q2 2019, worth a combined $16.7B — up 7.3% from $15.5B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of RSG and 50 opened new positions — a net loss of 9 holders — while 277 trimmed existing stakes and 259 added.
The largest buyer was Invesco, adding an estimated $224M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $66M sold.
- 682 institutional investors held Republic Services (RSG) as of Q2 2019, down from 700 in Q1 2019.
- Funds reported $16.7B of Republic Services stock for Q2 2019, up 7.3% quarter-over-quarter.
- 50 funds opened new Republic Services positions in Q2 2019 and 59 closed out, a net change of -9 holders.
- The largest Republic Services buyer in Q2 2019 was Invesco, an estimated $224M added.
- The largest Republic Services seller in Q2 2019 was Waddell & Reed Financial, an estimated $66M sold.
Based on aggregated 13F filings for Q2 2019.