Republic Services
468 hedge funds and large institutions have $9.01B invested in Republic Services in 2014 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 140 increasing their positions, 213 reducing their positions, and 29 closing their positions.
1,528% more call options, than puts
Call options by funds: $87.4M | Put options by funds: $5.37M
34% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 29
2% more funds holding
Funds holding: 460 → 468 (+8)
6% less capital invested
Capital invested by funds: $9.54B → $9.01B (-$532M)
5.6% less ownership
Funds ownership: 70.49% → 64.89% (-5.6%)
22% less funds holding in top 10
Funds holding in top 10: 18 → 14 (-4)
34% less repeat investments, than reductions
Existing positions increased: 140 | Existing positions reduced: 213
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$33.9M |
| 2 |
O
OppenheimerFunds
New York
|
+$33.4M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$27.6M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$24.3M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$22.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$178M |
| 2 |
Lazard Asset Management
New York
|
-$116M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$108M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$65M |
| 5 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$58.9M |
RSG Hedge Fund Activity: Q3 2014 in Review
468 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q3 2014, worth a combined $9.01B — down 5.6% from $9.54B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new RSG positions and 29 closed out — a net gain of 10 holders — while 140 added to existing stakes and 213 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $33.9M. The largest seller was Fidelity Investments, cutting an estimated $178M.
- 468 institutional investors held Republic Services (RSG) as of Q3 2014, up from 460 in Q2 2014.
- Funds reported $9.01B of Republic Services stock for Q3 2014, down 5.6% quarter-over-quarter.
- 39 funds opened new Republic Services positions in Q3 2014 and 29 closed out, a net change of +10 holders.
- The largest Republic Services buyer in Q3 2014 was JP Morgan Chase, an estimated $33.9M added.
- The largest Republic Services seller in Q3 2014 was Fidelity Investments, an estimated $178M sold.
Based on aggregated 13F filings for Q3 2014.