Republic Services
RSG
962 hedge funds and large institutions have $26.1B invested in Republic Services in 2023 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 352 increasing their positions, 351 reducing their positions, and 66 closing their positions.
36% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 66
1% more funds holding
Funds holding: 951 → 962 (+11)
0% more repeat investments, than reductions
Existing positions increased: 352 | Existing positions reduced: 351
0.53% less ownership
Funds ownership: 58.19% → 57.66% (-0.53%)
5% less funds holding in top 10
Funds holding in top 10: 19 → 18 (-1)
7% less capital invested
Capital invested by funds: $28.2B → $26.1B (-$2.11B)
34% less call options, than puts
Call options by funds: $40M | Put options by funds: $60.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Magellan Asset Management
Sydney,
Australia
|
+$136M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$83.7M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$73M |
| 4 |
BlackRock
New York
|
+$67.3M |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$45.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$193M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$143M |
| 3 |
Millennium Management
New York
|
-$140M |
| 4 |
Parnassus Investments
San Francisco,
California
|
-$78.4M |
| 5 |
Goldman Sachs
New York
|
-$73.8M |
RSG Hedge Fund Activity: Q3 2023 in Review
962 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q3 2023, worth a combined $26.1B — down 7.5% from $28.2B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new RSG positions and 66 closed out — a net gain of 24 holders — while 352 added to existing stakes and 351 trimmed.
The largest buyer was Magellan Asset Management, adding an estimated $136M. The largest seller was Citadel Advisors, cutting an estimated $193M.
- 962 institutional investors held Republic Services (RSG) as of Q3 2023, up from 951 in Q2 2023.
- Funds reported $26.1B of Republic Services stock for Q3 2023, down 7.5% quarter-over-quarter.
- 90 funds opened new Republic Services positions in Q3 2023 and 66 closed out, a net change of +24 holders.
- The largest Republic Services buyer in Q3 2023 was Magellan Asset Management, an estimated $136M added.
- The largest Republic Services seller in Q3 2023 was Citadel Advisors, an estimated $193M sold.
Based on aggregated 13F filings for Q3 2023.