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Republic Services

700 hedge funds and large institutions have $15.5B invested in Republic Services in 2019 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 248 increasing their positions, 275 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

339% more call options, than puts

Call options by funds: $29.1M | Put options by funds: $6.64M

34% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 56

12% more capital invested

Capital invested by funds: $13.9B → $15.5B (+$1.67B)

2% more funds holding

Funds holding: 684700 (+16)

0.23% less ownership

Funds ownership: 60.28%60.05% (-0.23%)

10% less repeat investments, than reductions

Existing positions increased: 248 | Existing positions reduced: 275

25% less funds holding in top 10

Funds holding in top 10: 2015 (-5)

Holders
700
Holders Change
+16
Holders Change %
+2.34%
% of All Funds
15.15%
Holding in Top 10
15
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-25%
% of All Funds
0.32%
New
75
Increased
248
Reduced
275
Closed
56
Calls
$29.1M
Puts
$6.64M
Net Calls
+$22.5M
Net Calls Change
+$7.95M
Name Holding Trade Value Shares
Change
Change in
Stake
DP
76
Dearborn Partners
Illinois
$32.7M +$848K +11,009 +3%
GIA
77
Guyasuta Investment Advisors
Pennsylvania
$32.5M -$420K -5,450 -1%
Man Group
78
Man Group
United Kingdom
$32.5M +$12.6M +163,418 +68%
PI
79
PGGM Investments
Netherlands
$32.4M +$3.85M +50,000 +14%
DekaBank Deutsche Girozentrale
80
DekaBank Deutsche Girozentrale
Germany
$32.1M +$2.19M +28,453 +7%
Carson Wealth (CWM LLC)
81
Carson Wealth (CWM LLC)
Nebraska
$31.8M +$22.3M +289,224 +129,697%
Lazard Asset Management
82
Lazard Asset Management
New York
$30.7M -$1.43M -18,621 -5%
PI
83
Putnam Investments
Massachusetts
$30.6M +$3.55M +46,097 +14%
SIM
84
Sadoff Investment Management
Wisconsin
$29.8M -$213K -2,770 -0.7%
Jennison Associates
85
Jennison Associates
New York
$29.4M +$4.77M +61,843 +20%
Canada Pension Plan Investment Board
86
Canada Pension Plan Investment Board
Ontario, Canada
$28.5M +$13.8M +179,082 +102%
California State Teachers Retirement System (CalSTRS)
87
California State Teachers Retirement System (CalSTRS)
California
$28.2M -$511K -6,636 -2%
Schroder Investment Management Group
88
Schroder Investment Management Group
United Kingdom
$28.1M -$4.36M -56,644 -14%
State Board of Administration of Florida Retirement System
89
State Board of Administration of Florida Retirement System
Florida
$28.1M -$439K -5,700 -2%
State of Wisconsin Investment Board
90
State of Wisconsin Investment Board
Wisconsin
$26.6M +$1.97M +25,629 +8%
Acadian Asset Management
91
Acadian Asset Management
Massachusetts
$26.5M +$5.71M +74,066 +29%
Principal Financial Group
92
Principal Financial Group
Iowa
$26.1M -$1.18M -15,369 -5%
Canada Life
93
Canada Life
Manitoba, Canada
$26M +$5.13M +66,603 +26%
EIP
94
Epoch Investment Partners
New York
$25.1M -$607K -7,875 -2%
CIM
95
Corbyn Investment Management
Maryland
$24.6M -$4.22M -54,728 -15%
Envestnet Asset Management
96
Envestnet Asset Management
Illinois
$24.3M +$2.57M +33,371 +12%
HCM
97
Hilton Capital Management
New York
$23.4M +$1.59M +20,671 +8%
MSL
98
Mackay Shields LLC
New York
$23.3M -$3.05M -39,540 -12%
New York State Teachers Retirement System (NYSTRS)
99
New York State Teachers Retirement System (NYSTRS)
New York
$22.9M -$842K -10,923 -4%
National Pension Service
100
National Pension Service
South Korea
$22.7M +$897K +11,642 +4%

RSG Hedge Fund Activity: Q1 2019 in Review

700 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q1 2019, worth a combined $15.5B — up 12% from $13.9B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new RSG positions and 56 closed out — a net gain of 19 holders — while 248 added to existing stakes and 275 trimmed.

The largest buyer was BlackRock, adding an estimated $64M. The largest seller was Wellington Management Group, cutting an estimated $67.7M.

  • 700 institutional investors held Republic Services (RSG) as of Q1 2019, up from 684 in Q4 2018.
  • Funds reported $15.5B of Republic Services stock for Q1 2019, up 12% quarter-over-quarter.
  • 75 funds opened new Republic Services positions in Q1 2019 and 56 closed out, a net change of +19 holders.
  • The largest Republic Services buyer in Q1 2019 was BlackRock, an estimated $64M added.
  • The largest Republic Services seller in Q1 2019 was Wellington Management Group, an estimated $67.7M sold.

Based on aggregated 13F filings for Q1 2019.