Republic Services
642 hedge funds and large institutions have $13.3B invested in Republic Services in 2018 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 204 increasing their positions, 254 reducing their positions, and 58 closing their positions.
43% more call options, than puts
Call options by funds: $34.4M | Put options by funds: $24.1M
38% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 58
3% more funds holding
Funds holding: 626 → 642 (+16)
0.32% more ownership
Funds ownership: 60.2% → 60.52% (+0.32%)
2% less capital invested
Capital invested by funds: $13.6B → $13.3B (-$327M)
20% less repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 254
25% less funds holding in top 10
Funds holding in top 10: 20 → 15 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$388M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$320M |
| 3 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$49.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$37.9M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$32.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$219M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$69.4M |
| 3 |
State Street
Boston,
Massachusetts
|
-$55M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$47.7M |
| 5 |
CCM
Clearfield Capital Management
New York
|
-$44.1M |
RSG Hedge Fund Activity: Q1 2018 in Review
642 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q1 2018, worth a combined $13.3B — down 2.4% from $13.6B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new RSG positions and 58 closed out — a net gain of 22 holders — while 204 added to existing stakes and 254 trimmed.
The largest buyer was Bank of America, adding an estimated $388M. The largest seller was Franklin Resources, cutting an estimated $219M.
- 642 institutional investors held Republic Services (RSG) as of Q1 2018, up from 626 in Q4 2017.
- Funds reported $13.3B of Republic Services stock for Q1 2018, down 2.4% quarter-over-quarter.
- 80 funds opened new Republic Services positions in Q1 2018 and 58 closed out, a net change of +22 holders.
- The largest Republic Services buyer in Q1 2018 was Bank of America, an estimated $388M added.
- The largest Republic Services seller in Q1 2018 was Franklin Resources, an estimated $219M sold.
Based on aggregated 13F filings for Q1 2018.