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Republic Services

700 hedge funds and large institutions have $15.5B invested in Republic Services in 2019 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 248 increasing their positions, 275 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

339% more call options, than puts

Call options by funds: $29.1M | Put options by funds: $6.64M

34% more first-time investments, than exits

New positions opened: 75 | Existing positions closed: 56

12% more capital invested

Capital invested by funds: $13.9B → $15.5B (+$1.67B)

2% more funds holding

Funds holding: 684700 (+16)

0.23% less ownership

Funds ownership: 60.28%60.05% (-0.23%)

10% less repeat investments, than reductions

Existing positions increased: 248 | Existing positions reduced: 275

25% less funds holding in top 10

Funds holding in top 10: 2015 (-5)

Holders
700
Holders Change
+16
Holders Change %
+2.34%
% of All Funds
15.15%
Holding in Top 10
15
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-25%
% of All Funds
0.32%
New
75
Increased
248
Reduced
275
Closed
56
Calls
$29.1M
Puts
$6.64M
Net Calls
+$22.5M
Net Calls Change
+$7.95M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.72B +$64M +830,100 +4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.5B -$57.7M -748,969 -4%
State Street
3
State Street
Massachusetts
$860M +$10.8M +140,049 +1%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$571M -$6.81M -88,424 -1%
Wells Fargo
5
Wells Fargo
California
$422M +$16.2M +210,081 +4%
American Century Companies
6
American Century Companies
Missouri
$410M -$50.7M -657,897 -11%
UBS Group
7
UBS Group
Switzerland
$404M +$7.73M +100,346 +2%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$345M +$6.92M +89,843 +2%
Invesco
9
Invesco
Georgia
$309M -$11.4M -147,677 -4%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$293M -$13.1M -170,241 -4%
JP Morgan Chase
11
JP Morgan Chase
New York
$257M -$57.6M -747,082 -19%
Northern Trust
12
Northern Trust
Illinois
$241M +$3.98M +51,715 +2%
Norges Bank
13
Norges Bank
Norway
$240M -$1.92M -24,926 -0.8%
Janus Henderson Group
14
Janus Henderson Group
United Kingdom
$236M +$17.8M +231,211 +9%
Bank of America
15
Bank of America
North Carolina
$229M -$31.6M -409,911 -13%
O
16
OppenheimerFunds
New York
$224M -$4.16M -54,029 -2%
PAMU
17
Pictet Asset Management (UK)
United Kingdom
$200M +$4.57M +59,371 +2%
Victory Capital Management
18
Victory Capital Management
Texas
$166M -$5.71M -74,141 -3%
AQR Capital Management
19
AQR Capital Management
Connecticut
$163M -$3.97M -51,563 -2%
Ameriprise
20
Ameriprise
Minnesota
$146M -$1.52M -19,771 -1%
Robeco Institutional Asset Management
21
Robeco Institutional Asset Management
Netherlands
$145M -$3.29M -42,633 -2%
Goldman Sachs
22
Goldman Sachs
New York
$144M -$20.4M -265,173 -13%
Wellington Management Group
23
Wellington Management Group
Massachusetts
$144M -$67.7M -878,169 -33%
GI
24
GAMCO Investors
Connecticut
$139M -$10.2M -131,832 -7%
Legal & General Group
25
Legal & General Group
United Kingdom
$139M +$18.8M +244,242 +16%

RSG Hedge Fund Activity: Q1 2019 in Review

700 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q1 2019, worth a combined $15.5B — up 12% from $13.9B a quarter earlier.

Buyers outnumbered sellers: 75 funds opened new RSG positions and 56 closed out — a net gain of 19 holders — while 248 added to existing stakes and 275 trimmed.

The largest buyer was BlackRock, adding an estimated $64M. The largest seller was Wellington Management Group, cutting an estimated $67.7M.

  • 700 institutional investors held Republic Services (RSG) as of Q1 2019, up from 684 in Q4 2018.
  • Funds reported $15.5B of Republic Services stock for Q1 2019, up 12% quarter-over-quarter.
  • 75 funds opened new Republic Services positions in Q1 2019 and 56 closed out, a net change of +19 holders.
  • The largest Republic Services buyer in Q1 2019 was BlackRock, an estimated $64M added.
  • The largest Republic Services seller in Q1 2019 was Wellington Management Group, an estimated $67.7M sold.

Based on aggregated 13F filings for Q1 2019.