Republic Services
654 hedge funds and large institutions have $13.8B invested in Republic Services in 2018 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 219 increasing their positions, 248 reducing their positions, and 45 closing their positions.
49% more first-time investments, than exits
New positions opened: 67 | Existing positions closed: 45
2% more funds holding
Funds holding: 641 → 654 (+13)
4% more call options, than puts
Call options by funds: $5.52M | Put options by funds: $5.33M
3% more capital invested
Capital invested by funds: $13.3B → $13.8B (+$433M)
0.83% more ownership
Funds ownership: 60.75% → 61.58% (+0.83%)
12% less repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 248
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$212M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$172M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$128M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$61.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$47.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$152M |
| 2 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$91.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$79.6M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$46.1M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$43M |
RSG Hedge Fund Activity: Q2 2018 in Review
654 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q2 2018, worth a combined $13.8B — up 3.2% from $13.3B a quarter earlier.
Buyers outnumbered sellers: 67 funds opened new RSG positions and 45 closed out — a net gain of 22 holders — while 219 added to existing stakes and 248 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $212M. The largest seller was Franklin Resources, cutting an estimated $152M.
- 654 institutional investors held Republic Services (RSG) as of Q2 2018, up from 641 in Q1 2018.
- Funds reported $13.8B of Republic Services stock for Q2 2018, up 3.2% quarter-over-quarter.
- 67 funds opened new Republic Services positions in Q2 2018 and 45 closed out, a net change of +22 holders.
- The largest Republic Services buyer in Q2 2018 was T. Rowe Price Associates, an estimated $212M added.
- The largest Republic Services seller in Q2 2018 was Franklin Resources, an estimated $152M sold.
Based on aggregated 13F filings for Q2 2018.