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Republic Services

1,265 hedge funds and large institutions have $41.5B invested in Republic Services in 2025 Q3 according to their latest regulatory filings, with 85 funds opening new positions, 494 increasing their positions, 468 reducing their positions, and 136 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more call options, than puts

Call options by funds: $93.6M | Put options by funds: $81.7M

6% more repeat investments, than reductions

Existing positions increased: 494 | Existing positions reduced: 468

0.51% less ownership

Funds ownership: 58.44%57.93% (-0.51%)

5% less funds holding

Funds holding: 1,3321,265 (-67)

8% less capital invested

Capital invested by funds: $44.9B → $41.5B (-$3.48B)

38% less first-time investments, than exits

New positions opened: 85 | Existing positions closed: 136

38% less funds holding in top 10

Funds holding in top 10: 2616 (-10)

Holders
1,265
Holders Change
-67
Holders Change %
-5.03%
% of All Funds
16.6%
Holding in Top 10
16
Holding in Top 10 Change
-10
Holding in Top 10 Change %
-38.46%
% of All Funds
0.21%
New
85
Increased
494
Reduced
468
Closed
136
Calls
$93.6M
Puts
$81.7M
Net Calls
+$11.9M
Net Calls Change
+$33.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$4.38B +$11.6M +49,365 +0.3%
BlackRock
2
BlackRock
New York
$4.07B +$43M +183,340 +1%
State Street
3
State Street
Massachusetts
$2.19B -$424K -1,805 -0%
Capital World Investors
4
Capital World Investors
California
$1.58B -$361M -1,539,379 -18%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$1.48B +$395M +1,681,827 +35%
T. Rowe Price Associates
6
T. Rowe Price Associates
Maryland
$1.46B +$312M +1,328,610 +26%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$1.11B +$5.17M +22,045 +0.5%
Wellington Management Group
8
Wellington Management Group
Massachusetts
$978M -$166M -707,375 -14%
Pictet Asset Management
9
Pictet Asset Management
Switzerland
$925M -$299M -1,275,628 -24%
Morgan Stanley
10
Morgan Stanley
New York
$885M +$2.66M +11,353 +0.3%
JP Morgan Chase
11
JP Morgan Chase
New York
$711M +$96M +409,242 +15%
Nordea Investment Management
12
Nordea Investment Management
Sweden
$538M -$83M -353,587 -13%
UBS Group
13
UBS Group
Switzerland
$533M +$71.5M +304,799 +15%
Northern Trust
14
Northern Trust
Illinois
$528M -$3.87M -16,513 -0.7%
Franklin Resources
15
Franklin Resources
California
$502M -$45.5M -193,752 -8%
Bank of America
16
Bank of America
North Carolina
$466M +$26.8M +114,291 +6%
Goldman Sachs
17
Goldman Sachs
New York
$441M +$61.8M +263,297 +16%
Charles Schwab
18
Charles Schwab
California
$421M +$48.6M +207,349 +13%
Invesco
19
Invesco
Georgia
$416M -$120M -511,818 -22%
Stifel Financial
20
Stifel Financial
Missouri
$403M +$635K +2,705 +0.2%
TD Asset Management
21
TD Asset Management
Ontario, Canada
$383M -$8.29M -35,353 -2%
UBS AM
22
UBS AM
Illinois
$377M -$87.5M -373,060 -19%
CIC
23
Chilton Investment Company
Connecticut
$311M +$12.8M +54,452 +4%
Caisse de Depot et Placement du Quebec (CDPQ)
24
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$304M +$103M +437,166 +49%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$297M -$2.91M -12,398 -0.9%

RSG Hedge Fund Activity: Q3 2025 in Review

1,265 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q3 2025, worth a combined $41.5B — down 7.7% from $44.9B a quarter earlier.

Sellers outnumbered buyers: 136 funds closed out of RSG and 85 opened new positions — a net loss of 51 holders — while 468 trimmed existing stakes and 494 added.

The largest buyer was Fidelity Investments, adding an estimated $395M. The largest seller was Capital World Investors, cutting an estimated $361M.

  • 1,265 institutional investors held Republic Services (RSG) as of Q3 2025, down from 1,332 in Q2 2025.
  • Funds reported $41.5B of Republic Services stock for Q3 2025, down 7.7% quarter-over-quarter.
  • 85 funds opened new Republic Services positions in Q3 2025 and 136 closed out, a net change of -51 holders.
  • The largest Republic Services buyer in Q3 2025 was Fidelity Investments, an estimated $395M added.
  • The largest Republic Services seller in Q3 2025 was Capital World Investors, an estimated $361M sold.

Based on aggregated 13F filings for Q3 2025.