Republic Services
756 hedge funds and large institutions have $15.1B invested in Republic Services in 2020 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 259 increasing their positions, 299 reducing their positions, and 51 closing their positions.
67% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 51
8% more capital invested
Capital invested by funds: $14B → $15.1B (+$1.1B)
4% more funds holding
Funds holding: 726 → 756 (+30)
0.6% less ownership
Funds ownership: 58.46% → 57.86% (-0.6%)
13% less repeat investments, than reductions
Existing positions increased: 259 | Existing positions reduced: 299
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
29% less call options, than puts
Call options by funds: $12.7M | Put options by funds: $17.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$118M |
| 2 |
Millennium Management
New York
|
+$77.3M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$56.6M |
| 4 |
JP Morgan Chase
New York
|
+$48.3M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$46.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$173M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$89.6M |
| 3 |
Goldman Sachs
New York
|
-$72.7M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$57.7M |
| 5 |
BlackRock
New York
|
-$52.2M |
RSG Hedge Fund Activity: Q2 2020 in Review
756 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q2 2020, worth a combined $15.1B — up 7.9% from $14B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new RSG positions and 51 closed out — a net gain of 34 holders — while 259 added to existing stakes and 299 trimmed.
The largest buyer was American Century Companies, adding an estimated $118M. The largest seller was Victory Capital Management, cutting an estimated $173M.
- 756 institutional investors held Republic Services (RSG) as of Q2 2020, up from 726 in Q1 2020.
- Funds reported $15.1B of Republic Services stock for Q2 2020, up 7.9% quarter-over-quarter.
- 85 funds opened new Republic Services positions in Q2 2020 and 51 closed out, a net change of +34 holders.
- The largest Republic Services buyer in Q2 2020 was American Century Companies, an estimated $118M added.
- The largest Republic Services seller in Q2 2020 was Victory Capital Management, an estimated $173M sold.
Based on aggregated 13F filings for Q2 2020.