Republic Services
1,318 hedge funds and large institutions have $39.1B invested in Republic Services in 2025 Q4 according to their latest regulatory filings, with 175 funds opening new positions, 451 increasing their positions, 489 reducing their positions, and 105 closing their positions.
67% more first-time investments, than exits
New positions opened: 175 | Existing positions closed: 105
24% more call options, than puts
Call options by funds: $45.5M | Put options by funds: $36.7M
4% more funds holding
Funds holding: 1,269 → 1,318 (+49)
1.68% more ownership
Funds ownership: 57.93% → 59.61% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 16 → 16 (0)
8% less repeat investments, than reductions
Existing positions increased: 451 | Existing positions reduced: 489
6% less capital invested
Capital invested by funds: $41.5B → $39.1B (-$2.37B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$409M |
| 2 |
Morgan Stanley
New York
|
+$321M |
| 3 |
Holocene Advisors
New York
|
+$239M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$174M |
| 5 |
Millennium Management
New York
|
+$134M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$434M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$304M |
| 3 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$224M |
| 4 |
BlackRock
New York
|
-$123M |
| 5 |
Man Group
London,
United Kingdom
|
-$88.3M |
RSG Hedge Fund Activity: Q4 2025 in Review
1,318 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Republic Services (RSG) for Q4 2025, worth a combined $39.1B — down 5.7% from $41.5B a quarter earlier.
Buyers outnumbered sellers: 175 funds opened new RSG positions and 105 closed out — a net gain of 70 holders — while 451 added to existing stakes and 489 trimmed.
The largest buyer was Capital World Investors, adding an estimated $409M. The largest seller was Fidelity Investments, cutting an estimated $434M.
- 1,318 institutional investors held Republic Services (RSG) as of Q4 2025, up from 1,269 in Q3 2025.
- Funds reported $39.1B of Republic Services stock for Q4 2025, down 5.7% quarter-over-quarter.
- 175 funds opened new Republic Services positions in Q4 2025 and 105 closed out, a net change of +70 holders.
- The largest Republic Services buyer in Q4 2025 was Capital World Investors, an estimated $409M added.
- The largest Republic Services seller in Q4 2025 was Fidelity Investments, an estimated $434M sold.
Based on aggregated 13F filings for Q4 2025.