Republic Services
599 hedge funds and large institutions have $13.4B invested in Republic Services in 2017 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 195 increasing their positions, 245 reducing their positions, and 36 closing their positions.
8% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 36
2% more capital invested
Capital invested by funds: $13.2B → $13.4B (+$213M)
0% less funds holding
Funds holding: 602 → 599 (-3)
0.95% less ownership
Funds ownership: 61.23% → 60.28% (-0.95%)
14% less funds holding in top 10
Funds holding in top 10: 22 → 19 (-3)
20% less repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 245
67% less call options, than puts
Call options by funds: $1.96M | Put options by funds: $5.89M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$32.7M |
| 2 |
Two Sigma Advisers
New York
|
+$30M |
| 3 |
Renaissance Technologies
New York
|
+$24.6M |
| 4 |
Two Sigma Investments
New York
|
+$20.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$50.6M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$46.7M |
| 3 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$44.9M |
| 4 |
Credit Agricole
Montrouge Cedex,
France
|
-$35.6M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$31.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VWA
626
V Wealth Advisors
Overland Park,
Kansas
| – | -$46K | -721 | Closed |
|
|
MBT
627
Monroe Bank & Trust
Monroe,
Michigan
| – | -$24K | -375 | Closed |
|
|
EA
628
Edge Advisors
Atlanta,
Georgia
| – | -$19K | -308 | Closed |
|
|
PHK
629
Point72 Hong Kong
Hong Kong
| – | -$18.9K | -291 | -98% |
|
630
Group One Trading
Chicago,
Illinois
| – | -$6K | -100 | Closed |
|
|
GI
631
Gradient Investments
Arden Hills,
Minnesota
| – | -$5K | -86 | Closed |
|
|
FC
632
Ferris Capital
Marlborough,
Massachusetts
| – | -$4K | -61 | Closed |
|
|
PWM
633
Perigon Wealth Management
San Francisco,
California
| – | -$4K | -57 | Closed |
|
|
OSAM
634
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$3K | -50 | Closed |
|
|
GWS
635
Glassman Wealth Services
Vienna,
Virginia
| – | +$195 | +3 | New |
|
RSG Hedge Fund Activity: Q3 2017 in Review
599 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q3 2017, worth a combined $13.4B — up 1.6% from $13.2B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new RSG positions and 36 closed out — a net gain of 3 holders — while 195 added to existing stakes and 245 trimmed.
The largest buyer was Bank of America, adding an estimated $32.7M. The largest seller was Sentry Investments, cutting an estimated $50.6M.
- 599 institutional investors held Republic Services (RSG) as of Q3 2017, down from 602 in Q2 2017.
- Funds reported $13.4B of Republic Services stock for Q3 2017, up 1.6% quarter-over-quarter.
- 39 funds opened new Republic Services positions in Q3 2017 and 36 closed out, a net change of +3 holders.
- The largest Republic Services buyer in Q3 2017 was Bank of America, an estimated $32.7M added.
- The largest Republic Services seller in Q3 2017 was Sentry Investments, an estimated $50.6M sold.
Based on aggregated 13F filings for Q3 2017.