Republic Services
RSG
919 hedge funds and large institutions have $25B invested in Republic Services in 2022 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 335 increasing their positions, 327 reducing their positions, and 41 closing their positions.
98% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 41
33% more funds holding in top 10
Funds holding in top 10: 18 → 24 (+6)
3% more funds holding
Funds holding: 890 → 919 (+29)
4% more capital invested
Capital invested by funds: $24B → $25B (+$1.01B)
2% more repeat investments, than reductions
Existing positions increased: 335 | Existing positions reduced: 327
0.02% more ownership
Funds ownership: 58.17% → 58.19% (+0.02%)
3% less call options, than puts
Call options by funds: $32.4M | Put options by funds: $33.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$99.6M |
| 2 |
Amundi
Paris,
France
|
+$80.9M |
| 3 |
Goldman Sachs
New York
|
+$71.7M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$65.1M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$48.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$231M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$97.6M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$82.1M |
| 4 |
JP Morgan Chase
New York
|
-$78.2M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$64.3M |
RSG Hedge Fund Activity: Q3 2022 in Review
919 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q3 2022, worth a combined $25B — up 4.2% from $24B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new RSG positions and 41 closed out — a net gain of 40 holders — while 335 added to existing stakes and 327 trimmed.
The largest buyer was Millennium Management, adding an estimated $99.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $231M.
- 919 institutional investors held Republic Services (RSG) as of Q3 2022, up from 890 in Q2 2022.
- Funds reported $25B of Republic Services stock for Q3 2022, up 4.2% quarter-over-quarter.
- 81 funds opened new Republic Services positions in Q3 2022 and 41 closed out, a net change of +40 holders.
- The largest Republic Services buyer in Q3 2022 was Millennium Management, an estimated $99.6M added.
- The largest Republic Services seller in Q3 2022 was T. Rowe Price Associates, an estimated $231M sold.
Based on aggregated 13F filings for Q3 2022.