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Republic Services

666 hedge funds and large institutions have $14.2B invested in Republic Services in 2018 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 212 increasing their positions, 269 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

97% more call options, than puts

Call options by funds: $12.4M | Put options by funds: $6.26M

44% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 48

2% more funds holding

Funds holding: 654666 (+12)

3% more capital invested

Capital invested by funds: $13.8B → $14.2B (+$453M)

1.44% less ownership

Funds ownership: 61.58%60.14% (-1.4%)

17% less funds holding in top 10

Funds holding in top 10: 1210 (-2)

21% less repeat investments, than reductions

Existing positions increased: 212 | Existing positions reduced: 269

Holders
666
Holders Change
+12
Holders Change %
+1.83%
% of All Funds
15.23%
Holding in Top 10
10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-16.67%
% of All Funds
0.23%
New
69
Increased
212
Reduced
269
Closed
48
Calls
$12.4M
Puts
$6.26M
Net Calls
+$6.1M
Net Calls Change
+$5.91M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.38B -$98.1M -1,354,847 -7%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.36B +$8.37M +115,598 +0.6%
State Street
3
State Street
Massachusetts
$756M +$24M +330,965 +3%
Bank of America
4
Bank of America
North Carolina
$620M -$11M -151,312 -2%
American Century Companies
5
American Century Companies
Missouri
$543M +$76.3M +1,053,773 +16%
JP Morgan Chase
6
JP Morgan Chase
New York
$430M -$122M -1,679,622 -22%
T. Rowe Price Associates
7
T. Rowe Price Associates
Maryland
$393M -$214M -2,950,073 -35%
UBS Group
8
UBS Group
Switzerland
$340M +$141M +1,947,574 +71%
Wells Fargo
9
Wells Fargo
California
$322M +$2.1M +29,076 +0.7%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$297M +$13.4M +185,362 +5%
Invesco
11
Invesco
Georgia
$287M -$87.3M -1,206,834 -23%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$254M +$5.53M +76,379 +2%
Norges Bank
13
Norges Bank
Norway
$220M -$22.6M -311,743 -9%
Northern Trust
14
Northern Trust
Illinois
$205M -$21.2M -292,344 -9%
Janus Henderson Group
15
Janus Henderson Group
United Kingdom
$182M -$9M -124,313 -5%
O
16
OppenheimerFunds
New York
$175M +$8.53M +117,922 +5%
Victory Capital Management
17
Victory Capital Management
Texas
$157M -$484K -6,694 -0.3%
AQR Capital Management
18
AQR Capital Management
Connecticut
$147M -$2.78M -38,434 -2%
PAMU
19
Pictet Asset Management (UK)
United Kingdom
$144M +$21M +290,097 +17%
GI
20
GAMCO Investors
Connecticut
$144M -$7.17M -99,033 -5%
Goldman Sachs
21
Goldman Sachs
New York
$139M -$51.1M -706,047 -27%
WCM
22
Wedge Capital Management
North Carolina
$136M -$2.9M -40,028 -2%
Robeco Institutional Asset Management
23
Robeco Institutional Asset Management
Netherlands
$135M -$958K -13,238 -0.7%
GF
24
Gabelli Funds
New York
$130M -$2.17M -30,000 -2%
Swiss National Bank
25
Swiss National Bank
Switzerland
$123M -$12.5M -172,200 -9%

RSG Hedge Fund Activity: Q3 2018 in Review

666 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q3 2018, worth a combined $14.2B — up 3.3% from $13.8B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new RSG positions and 48 closed out — a net gain of 21 holders — while 212 added to existing stakes and 269 trimmed.

The largest buyer was UBS Group, adding an estimated $141M. The largest seller was T. Rowe Price Associates, cutting an estimated $214M.

  • 666 institutional investors held Republic Services (RSG) as of Q3 2018, up from 654 in Q2 2018.
  • Funds reported $14.2B of Republic Services stock for Q3 2018, up 3.3% quarter-over-quarter.
  • 69 funds opened new Republic Services positions in Q3 2018 and 48 closed out, a net change of +21 holders.
  • The largest Republic Services buyer in Q3 2018 was UBS Group, an estimated $141M added.
  • The largest Republic Services seller in Q3 2018 was T. Rowe Price Associates, an estimated $214M sold.

Based on aggregated 13F filings for Q3 2018.