Republic Services
701 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, 249 increasing their positions, 274 reducing their positions, and 56 closing their positions.
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
10% more capital invested
Capital invested by funds: $14.1B → $15.5B (+$1.44B)
2% more funds holding
Funds holding: 685 → 701 (+16)
0.19% less ownership
Funds ownership: 60.28% → 60.09% (-0.19%)
9% less repeat investments, than reductions
Existing positions increased: 249 | Existing positions reduced: 274
25% less funds holding in top 10
Funds holding in top 10: 20 → 15 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$64M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$42.5M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$24.7M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
+$24.4M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$67.7M |
| 2 |
Renaissance Technologies
New York
|
-$63.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$57.7M |
| 4 |
JP Morgan Chase
New York
|
-$57.6M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$51.7M |
RSG Hedge Fund Activity: Q1 2019 in Review
701 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q1 2019, worth a combined $15.5B — up 10% from $14.1B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new RSG positions and 56 closed out — a net gain of 19 holders — while 249 added to existing stakes and 274 trimmed.
The largest buyer was BlackRock, adding an estimated $64M. The largest seller was Wellington Management Group, cutting an estimated $67.7M.
- 701 institutional investors held Republic Services (RSG) as of Q1 2019, up from 685 in Q4 2018.
- Funds reported $15.5B of Republic Services stock for Q1 2019, up 10% 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.