Waste Connections
836 hedge funds and large institutions have $35.4B invested in Waste Connections in 2026 Q2 according to their latest regulatory filings, with 129 funds opening new positions, 283 increasing their positions, 307 reducing their positions, and 74 closing their positions.
74% more first-time investments, than exits
New positions opened: 129 | Existing positions closed: 74
57% more call options, than puts
Call options by funds: $86.2M | Put options by funds: $54.8M
5% more funds holding
Funds holding: 795 → 836 (+41)
1.61% more ownership
Funds ownership: 83.92% → 85.54% (+1.6%)
2% more capital invested
Capital invested by funds: $34.8B → $35.4B (+$627M)
8% less repeat investments, than reductions
Existing positions increased: 283 | Existing positions reduced: 307
30% less funds holding in top 10
Funds holding in top 10: 23 → 16 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$502M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$475M |
| 3 |
AF
Atlas FRM
Greenwich,
Connecticut
|
+$239M |
| 4 |
C
Consulta
London,
United Kingdom
|
+$166M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$155M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$574M |
| 2 |
Goldman Sachs
New York
|
-$363M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$327M |
| 4 |
SP
Stockbridge Partners
Boston,
Massachusetts
|
-$204M |
| 5 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
-$134M |
WCN Hedge Fund Activity: Q2 2026 in Review
836 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q2 2026, worth a combined $35.4B — up 1.8% from $34.8B a quarter earlier.
Buyers outnumbered sellers: 129 funds opened new WCN positions and 74 closed out — a net gain of 55 holders — while 283 added to existing stakes and 307 trimmed.
The largest buyer was Invesco, adding an estimated $502M. The largest seller was Fidelity Investments, cutting an estimated $574M.
- 836 institutional investors held Waste Connections (WCN) as of Q2 2026, up from 795 in Q1 2026.
- Funds reported $35.4B of Waste Connections stock for Q2 2026, up 1.8% quarter-over-quarter.
- 129 funds opened new Waste Connections positions in Q2 2026 and 74 closed out, a net change of +55 holders.
- The largest Waste Connections buyer in Q2 2026 was Invesco, an estimated $502M added.
- The largest Waste Connections seller in Q2 2026 was Fidelity Investments, an estimated $574M sold.
Based on aggregated 13F filings for Q2 2026.