Republic Services
1,134 hedge funds and large institutions have $35.1B invested in Republic Services in 2024 Q1 according to their latest regulatory filings, with 126 funds opening new positions, 383 increasing their positions, 439 reducing their positions, and 66 closing their positions.
91% more first-time investments, than exits
New positions opened: 126 | Existing positions closed: 66
24% more call options, than puts
Call options by funds: $104M | Put options by funds: $84.2M
16% more capital invested
Capital invested by funds: $30.1B → $35.1B (+$4.95B)
4% more funds holding
Funds holding: 1,087 → 1,134 (+47)
0.24% more ownership
Funds ownership: 58.04% → 58.27% (+0.24%)
0% more funds holding in top 10
Funds holding in top 10: 23 → 23 (0)
13% less repeat investments, than reductions
Existing positions increased: 383 | Existing positions reduced: 439
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$247M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$239M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$239M |
| 4 |
State Street
Boston,
Massachusetts
|
+$143M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$113M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$204M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$147M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$125M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$94M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$88.5M |
RSG Hedge Fund Activity: Q1 2024 in Review
1,134 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q1 2024, worth a combined $35.1B — up 16% from $30.1B a quarter earlier.
Buyers outnumbered sellers: 126 funds opened new RSG positions and 66 closed out — a net gain of 60 holders — while 383 added to existing stakes and 439 trimmed.
The largest buyer was TD Asset Management, adding an estimated $247M. The largest seller was JP Morgan Chase, cutting an estimated $204M.
- 1,134 institutional investors held Republic Services (RSG) as of Q1 2024, up from 1,087 in Q4 2023.
- Funds reported $35.1B of Republic Services stock for Q1 2024, up 16% quarter-over-quarter.
- 126 funds opened new Republic Services positions in Q1 2024 and 66 closed out, a net change of +60 holders.
- The largest Republic Services buyer in Q1 2024 was TD Asset Management, an estimated $247M added.
- The largest Republic Services seller in Q1 2024 was JP Morgan Chase, an estimated $204M sold.
Based on aggregated 13F filings for Q1 2024.