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WCN

Waste Connections

337 hedge funds and large institutions have $10.9B invested in Waste Connections in 2016 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 114 increasing their positions, 129 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

202% more call options, than puts

Call options by funds: $10.4M | Put options by funds: $3.44M

17% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 35

4% more capital invested

Capital invested by funds: $10.5B → $10.9B (+$433M)

1% more funds holding

Funds holding: 334337 (+3)

0.67% more ownership

Funds ownership: 127.64%128.32% (+0.67%)

11% less funds holding in top 10

Funds holding in top 10: 1816 (-2)

12% less repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 129

Holders
337
Holders Change
+3
Holders Change %
+0.9%
% of All Funds
8.99%
Holding in Top 10
16
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.11%
% of All Funds
0.43%
New
41
Increased
114
Reduced
129
Closed
35
Calls
$10.4M
Puts
$3.44M
Net Calls
+$6.94M
Net Calls Change
-$43M
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
226
Citigroup
New York
$650K -$4.36M -86,525 -87%
RG
227
Rathbones Group
United Kingdom
$639K -$35.2K -699 -5%
M&T Bank
228
M&T Bank
New York
$626K -$225K -4,470 -26%
QT
229
Quantbot Technologies
New York
$616K -$61.1K -1,212 -9%
CA
230
Commerzbank Aktiengesellschaft
Germany
$610K -$191K -3,792 -24%
RHBC
231
R.H. Bluestein & Co
Michigan
$598K +$227K +4,500 +60%
MAG
232
Millrace Asset Group
Pennsylvania
$597K +$12.7K +252 +2%
NIMI
233
Natixis Investment Managers International
France
$587K -$37.5K -744 -6%
PA
234
Probity Advisors
Texas
$580K -$69K -1,369 -11%
SG Americas Securities
235
SG Americas Securities
New York
$542K -$4.14M -82,089 -88%
QI
236
QS Investors
New York
$533K +$79.1K +1,569 +17%
BTS
237
BB&T Securities
Virginia
$525K +$134K +2,652 +34%
LIM
238
Leavell Investment Management
Alabama
$523K
UFF
239
USA Financial Formulas
Michigan
$520K +$526K +10,440 New
FFC
240
First Financial Corp
Indiana
$486K +$492K +9,750 New
UR
241
USCA RIA
Texas
$461K
GH
242
GAM Holding
Switzerland
$456K -$32.7K -649 -7%
BNP Paribas Financial Markets
243
BNP Paribas Financial Markets
France
$454K -$52.8K -1,048 -10%
YMRC
244
Yorktown Management & Research Company
Virginia
$448K
BA
245
Boston Advisors
Massachusetts
$441K -$8.72K -173 -2%
AG
246
Advisor Group
Arizona
$402K -$14.8K -294 -4%
CI
247
Capital Innovations
Wisconsin
$380K -$56.2K -1,115 -13%
State Board of Administration of Florida Retirement System
248
State Board of Administration of Florida Retirement System
Florida
$366K
TRCT
249
Tower Research Capital (TRC)
New York
$365K -$1.36K -27 -0.5%
Principal Financial Group
250
Principal Financial Group
Iowa
$359K -$19.4K -384 -5%

WCN Hedge Fund Activity: Q3 2016 in Review

337 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2016, worth a combined $10.9B — up 4.1% from $10.5B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new WCN positions and 35 closed out — a net gain of 6 holders — while 114 added to existing stakes and 129 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $142M. The largest seller was Dimensional Fund Advisors, cutting an estimated $99.5M.

  • 337 institutional investors held Waste Connections (WCN) as of Q3 2016, up from 334 in Q2 2016.
  • Funds reported $10.9B of Waste Connections stock for Q3 2016, up 4.1% quarter-over-quarter.
  • 41 funds opened new Waste Connections positions in Q3 2016 and 35 closed out, a net change of +6 holders.
  • The largest Waste Connections buyer in Q3 2016 was Royal Bank of Canada, an estimated $142M added.
  • The largest Waste Connections seller in Q3 2016 was Dimensional Fund Advisors, an estimated $99.5M sold.

Based on aggregated 13F filings for Q3 2016.