Republic Services
1,087 hedge funds and large institutions have $30.1B invested in Republic Services in 2023 Q4 according to their latest regulatory filings, with 186 funds opening new positions, 344 increasing their positions, 400 reducing their positions, and 49 closing their positions.
280% more first-time investments, than exits
New positions opened: 186 | Existing positions closed: 49
76% more call options, than puts
Call options by funds: $83.2M | Put options by funds: $47.2M
28% more funds holding in top 10
Funds holding in top 10: 18 → 23 (+5)
15% more capital invested
Capital invested by funds: $26.1B → $30.1B (+$4.04B)
13% more funds holding
Funds holding: 962 → 1,087 (+125)
0.37% more ownership
Funds ownership: 57.66% → 58.04% (+0.37%)
14% less repeat investments, than reductions
Existing positions increased: 344 | Existing positions reduced: 400
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$821M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$54.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$49.9M |
| 4 |
Voloridge Investment Management
Jupiter,
Florida
|
+$39.3M |
| 5 |
Morgan Stanley
New York
|
+$34.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$184M |
| 2 |
JP Morgan Chase
New York
|
-$171M |
| 3 |
Pictet Asset Management
Carouge,
Switzerland
|
-$91M |
| 4 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$58.2M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$56.5M |
RSG Hedge Fund Activity: Q4 2023 in Review
1,087 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q4 2023, worth a combined $30.1B — up 15% from $26.1B a quarter earlier.
Buyers outnumbered sellers: 186 funds opened new RSG positions and 49 closed out — a net gain of 137 holders — while 344 added to existing stakes and 400 trimmed.
The largest buyer was Capital World Investors, adding an estimated $821M. The largest seller was BlackRock, cutting an estimated $184M.
- 1,087 institutional investors held Republic Services (RSG) as of Q4 2023, up from 962 in Q3 2023.
- Funds reported $30.1B of Republic Services stock for Q4 2023, up 15% quarter-over-quarter.
- 186 funds opened new Republic Services positions in Q4 2023 and 49 closed out, a net change of +137 holders.
- The largest Republic Services buyer in Q4 2023 was Capital World Investors, an estimated $821M added.
- The largest Republic Services seller in Q4 2023 was BlackRock, an estimated $184M sold.
Based on aggregated 13F filings for Q4 2023.