Republic Services
756 hedge funds and large institutions have $17.1B invested in Republic Services in 2020 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 266 increasing their positions, 294 reducing their positions, and 65 closing their positions.
13% more capital invested
Capital invested by funds: $15.1B → $17.1B (+$2.03B)
9% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 65
0% more funds holding
Funds holding: 756 → 756 (0)
0% more funds holding in top 10
Funds holding in top 10: 12 → 12 (0)
0.08% less ownership
Funds ownership: 57.86% → 57.78% (-0.08%)
10% less repeat investments, than reductions
Existing positions increased: 266 | Existing positions reduced: 294
21% less call options, than puts
Call options by funds: $16.6M | Put options by funds: $21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$198M |
| 2 |
SCM
Suvretta Capital Management
New York
|
+$47.1M |
| 3 |
JP Morgan Chase
New York
|
+$42M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$40.1M |
| 5 |
Lazard Asset Management
New York
|
+$39.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$72.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$54.7M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$49.2M |
| 4 |
Renaissance Technologies
New York
|
-$40.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$33.6M |
RSG Hedge Fund Activity: Q3 2020 in Review
756 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q3 2020, worth a combined $17.1B — up 13% from $15.1B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new RSG positions and 65 closed out — a net gain of 6 holders — while 266 added to existing stakes and 294 trimmed.
The largest buyer was Bank of America, adding an estimated $198M. The largest seller was Millennium Management, cutting an estimated $72.1M.
- 756 institutional investors held Republic Services (RSG) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $17.1B of Republic Services stock for Q3 2020, up 13% quarter-over-quarter.
- 71 funds opened new Republic Services positions in Q3 2020 and 65 closed out, a net change of +6 holders.
- The largest Republic Services buyer in Q3 2020 was Bank of America, an estimated $198M added.
- The largest Republic Services seller in Q3 2020 was Millennium Management, an estimated $72.1M sold.
Based on aggregated 13F filings for Q3 2020.