Republic Services
772 hedge funds and large institutions have $18.3B invested in Republic Services in 2021 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 271 increasing their positions, 309 reducing their positions, and 81 closing their positions.
15% more call options, than puts
Call options by funds: $9.3M | Put options by funds: $8.1M
4% more capital invested
Capital invested by funds: $17.6B → $18.3B (+$727M)
0.87% more ownership
Funds ownership: 57.36% → 58.23% (+0.87%)
3% less funds holding
Funds holding: 799 → 772 (-27)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
12% less repeat investments, than reductions
Existing positions increased: 271 | Existing positions reduced: 309
28% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 81
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$281M |
| 2 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$132M |
| 3 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$76.1M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$75.6M |
| 5 |
Millennium Management
New York
|
+$55.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
-$79M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$70.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$53.4M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
-$49.4M |
| 5 |
WFMPM
Woodley Farra Manion Portfolio Management
Indianapolis,
Indiana
|
-$44.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
851
First Manhattan
New York
| – | -$2K | -30 | Closed |
|
|
M
852
MOTCO
San Antonio,
Texas
| – | -$1K | -13 | Closed |
|
RSG Hedge Fund Activity: Q1 2021 in Review
772 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q1 2021, worth a combined $18.3B — up 4.1% from $17.6B a quarter earlier.
Sellers outnumbered buyers: 81 funds closed out of RSG and 58 opened new positions — a net loss of 23 holders — while 309 trimmed existing stakes and 271 added.
The largest buyer was Nordea Investment Management, adding an estimated $281M. The largest seller was Fidelity International, cutting an estimated $79M.
- 772 institutional investors held Republic Services (RSG) as of Q1 2021, down from 799 in Q4 2020.
- Funds reported $18.3B of Republic Services stock for Q1 2021, up 4.1% quarter-over-quarter.
- 58 funds opened new Republic Services positions in Q1 2021 and 81 closed out, a net change of -23 holders.
- The largest Republic Services buyer in Q1 2021 was Nordea Investment Management, an estimated $281M added.
- The largest Republic Services seller in Q1 2021 was Fidelity International, an estimated $79M sold.
Based on aggregated 13F filings for Q1 2021.