Republic Services
577 hedge funds and large institutions have $13.2B invested in Republic Services in 2017 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 190 increasing their positions, 239 reducing their positions, and 32 closing their positions.
75% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 32
25% more funds holding in top 10
Funds holding in top 10: 16 → 20 (+4)
9% more capital invested
Capital invested by funds: $12.1B → $13.2B (+$1.07B)
3% more funds holding
Funds holding: 562 → 577 (+15)
0.44% less ownership
Funds ownership: 62.43% → 61.99% (-0.44%)
21% less repeat investments, than reductions
Existing positions increased: 190 | Existing positions reduced: 239
64% less call options, than puts
Call options by funds: $2.57M | Put options by funds: $7.11M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.1B |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$68.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$65M |
| 4 |
Renaissance Technologies
New York
|
+$40.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$37.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$105M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$89.5M |
| 3 |
Morgan Stanley
New York
|
-$55.9M |
| 4 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$42.3M |
| 5 |
Capital World Investors
Los Angeles,
California
|
-$29.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWM
601
Endurance Wealth Management
Providence,
Rhode Island
| – | -$57K | -1,000 | Closed |
|
|
PIA
602
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$37.9K | -664 | Closed |
|
|
PCM
603
Prelude Capital Management
New York
| – | -$32K | -559 | Closed |
|
|
GBT
604
Grove Bank & Trust
Miami,
Florida
| – | -$26K | -450 | Closed |
|
|
CG
605
Cutler Group
San Francisco,
California
| – | -$15.7K | -263 | Closed |
|
|
EF
606
Empirical Finance
Havertown,
Pennsylvania
| – | -$10K | -158 | Closed |
|
|
ZB
607
Zions Bancorporation
Salt Lake City,
Utah
| – | -$4K | -73 | Closed |
|
|
CPIG
608
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$1K | -17 | Closed |
|
609
AssetMark Inc
Concord,
California
| – | +$60 | +1 | New |
|
RSG Hedge Fund Activity: Q1 2017 in Review
577 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q1 2017, worth a combined $13.2B — up 8.8% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new RSG positions and 32 closed out — a net gain of 24 holders — while 190 added to existing stakes and 239 trimmed.
The largest buyer was BlackRock, adding an estimated $1.1B. The largest seller was Capital International Investors, cutting an estimated $105M.
- 577 institutional investors held Republic Services (RSG) as of Q1 2017, up from 562 in Q4 2016.
- Funds reported $13.2B of Republic Services stock for Q1 2017, up 8.8% quarter-over-quarter.
- 56 funds opened new Republic Services positions in Q1 2017 and 32 closed out, a net change of +24 holders.
- The largest Republic Services buyer in Q1 2017 was BlackRock, an estimated $1.1B added.
- The largest Republic Services seller in Q1 2017 was Capital International Investors, an estimated $105M sold.
Based on aggregated 13F filings for Q1 2017.