Republic Services
RSG
449 hedge funds and large institutions have $8.21B invested in Republic Services in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 139 increasing their positions, 205 reducing their positions, and 27 closing their positions.
19% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 27
3% more call options, than puts
Call options by funds: $5.91M | Put options by funds: $5.74M
1% more funds holding
Funds holding: 446 → 449 (+3)
0.19% less ownership
Funds ownership: 68.12% → 67.94% (-0.19%)
2% less capital invested
Capital invested by funds: $8.37B → $8.21B (-$162M)
27% less funds holding in top 10
Funds holding in top 10: 15 → 11 (-4)
32% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 205
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$64.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$40.1M |
| 3 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$38.3M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
+$34M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$33.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$51.5M |
| 2 |
Lazard Asset Management
New York
|
-$49.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$42.3M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$34.7M |
| 5 |
Bank of New York Mellon
New York
|
-$25.7M |
RSG Hedge Fund Activity: Q3 2013 in Review
449 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q3 2013, worth a combined $8.21B — down 1.9% from $8.37B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new RSG positions and 27 closed out — a net gain of 5 holders — while 139 added to existing stakes and 205 trimmed.
The largest buyer was Franklin Resources, adding an estimated $64.5M. The largest seller was JP Morgan Chase, cutting an estimated $51.5M.
- 449 institutional investors held Republic Services (RSG) as of Q3 2013, up from 446 in Q2 2013.
- Funds reported $8.21B of Republic Services stock for Q3 2013, down 1.9% quarter-over-quarter.
- 32 funds opened new Republic Services positions in Q3 2013 and 27 closed out, a net change of +5 holders.
- The largest Republic Services buyer in Q3 2013 was Franklin Resources, an estimated $64.5M added.
- The largest Republic Services seller in Q3 2013 was JP Morgan Chase, an estimated $51.5M sold.
Based on aggregated 13F filings for Q3 2013.