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Republic Services

626 hedge funds and large institutions have $13.6B invested in Republic Services in 2017 Q4 according to their latest regulatory filings, with 84 funds opening new positions, 211 increasing their positions, 240 reducing their positions, and 49 closing their positions.

New
Increased
Maintained
Reduced
Closed

389% more call options, than puts

Call options by funds: $103M | Put options by funds: $21M

71% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 49

5% more funds holding in top 10

Funds holding in top 10: 1920 (+1)

5% more funds holding

Funds holding: 599626 (+27)

1% more capital invested

Capital invested by funds: $13.4B → $13.6B (+$193M)

0.08% less ownership

Funds ownership: 60.28%60.2% (-0.08%)

12% less repeat investments, than reductions

Existing positions increased: 211 | Existing positions reduced: 240

Holders
626
Holders Change
+27
Holders Change %
+4.51%
% of All Funds
14.2%
Holding in Top 10
20
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.26%
% of All Funds
0.45%
New
84
Increased
211
Reduced
240
Closed
49
Calls
$103M
Puts
$21M
Net Calls
+$81.7M
Net Calls Change
+$85.6M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.35B +$5.46M +84,721 +0.4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.27B -$42.5M -659,610 -3%
State Street
3
State Street
Massachusetts
$740M -$5.95M -92,362 -0.8%
American Century Companies
4
American Century Companies
Missouri
$533M +$26.2M +405,985 +5%
Franklin Resources
5
Franklin Resources
California
$494M -$85.8M -1,331,526 -15%
JP Morgan Chase
6
JP Morgan Chase
New York
$441M -$19.8M -306,596 -4%
Wells Fargo
7
Wells Fargo
California
$367M +$14.5M +224,249 +4%
Invesco
8
Invesco
Georgia
$322M +$16.4M +253,778 +6%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$266M -$12.6M -195,300 -5%
Janus Henderson Group
10
Janus Henderson Group
United Kingdom
$230M -$28.7M -445,895 -12%
Northern Trust
11
Northern Trust
Illinois
$230M +$703K +10,907 +0.3%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$195M +$18.4M +285,988 +11%
SI
13
Sentry Investments
Ontario, Canada
$190M -$27.4M -425,100 -13%
Goldman Sachs
14
Goldman Sachs
New York
$184M -$21.1M -326,546 -11%
AQR Capital Management
15
AQR Capital Management
Connecticut
$165M -$4.81M -74,663 -3%
GI
16
GAMCO Investors
Connecticut
$164M -$15.7M -244,054 -9%
O
17
OppenheimerFunds
New York
$158M +$69.7M +1,081,097 +86%
Renaissance Technologies
18
Renaissance Technologies
New York
$152M +$14M +217,500 +11%
Victory Capital Management
19
Victory Capital Management
Texas
$152M +$11.3M +174,621 +8%
Norges Bank
20
Norges Bank
Norway
$139M -$13.1M -202,615 -9%
Bank of America
21
Bank of America
North Carolina
$134M -$23M -357,109 -15%
Robeco Institutional Asset Management
22
Robeco Institutional Asset Management
Netherlands
$133M +$2.41M +37,406 +2%
Swiss National Bank
23
Swiss National Bank
Switzerland
$130M +$2.71M +42,100 +2%
GF
24
Gabelli Funds
New York
$127M -$4.01M -62,200 -3%
WCM
25
Wedge Capital Management
North Carolina
$126M +$3.12M +48,453 +3%

RSG Hedge Fund Activity: Q4 2017 in Review

626 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q4 2017, worth a combined $13.6B — up 1.4% from $13.4B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new RSG positions and 49 closed out — a net gain of 35 holders — while 211 added to existing stakes and 240 trimmed.

The largest buyer was Virtus Fund Advisers, adding an estimated $92.7M. The largest seller was Franklin Resources, cutting an estimated $85.8M.

  • 626 institutional investors held Republic Services (RSG) as of Q4 2017, up from 599 in Q3 2017.
  • Funds reported $13.6B of Republic Services stock for Q4 2017, up 1.4% quarter-over-quarter.
  • 84 funds opened new Republic Services positions in Q4 2017 and 49 closed out, a net change of +35 holders.
  • The largest Republic Services buyer in Q4 2017 was Virtus Fund Advisers, an estimated $92.7M added.
  • The largest Republic Services seller in Q4 2017 was Franklin Resources, an estimated $85.8M sold.

Based on aggregated 13F filings for Q4 2017.