Republic Services
561 hedge funds and large institutions have $12.1B invested in Republic Services in 2016 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 207 increasing their positions, 203 reducing their positions, and 37 closing their positions.
89% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 37
33% more funds holding in top 10
Funds holding in top 10: 12 → 16 (+4)
13% more capital invested
Capital invested by funds: $10.7B → $12.1B (+$1.37B)
4% more funds holding
Funds holding: 539 → 561 (+22)
2% more repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 203
0.3% more ownership
Funds ownership: 62.12% → 62.42% (+0.3%)
64% less call options, than puts
Call options by funds: $6.46M | Put options by funds: $17.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$65.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$61.9M |
| 3 |
Morgan Stanley
New York
|
+$43.2M |
| 4 |
JP Morgan Chase
New York
|
+$32.2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$30.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$66.4M |
| 2 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$52.4M |
| 3 |
Axa
Paris,
France
|
-$51.4M |
| 4 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$39.9M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
-$38M |
RSG Hedge Fund Activity: Q4 2016 in Review
561 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q4 2016, worth a combined $12.1B — up 13% from $10.7B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new RSG positions and 37 closed out — a net gain of 33 holders — while 207 added to existing stakes and 203 trimmed.
The largest buyer was American Century Companies, adding an estimated $65.5M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $66.4M sold.
- 561 institutional investors held Republic Services (RSG) as of Q4 2016, up from 539 in Q3 2016.
- Funds reported $12.1B of Republic Services stock for Q4 2016, up 13% quarter-over-quarter.
- 70 funds opened new Republic Services positions in Q4 2016 and 37 closed out, a net change of +33 holders.
- The largest Republic Services buyer in Q4 2016 was American Century Companies, an estimated $65.5M added.
- The largest Republic Services seller in Q4 2016 was Arrowstreet Capital, an estimated $66.4M sold.
Based on aggregated 13F filings for Q4 2016.