Waste Connections
464 hedge funds and large institutions have $23.4B invested in Waste Connections in 2021 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 185 increasing their positions, 152 reducing their positions, and 61 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 152
5% more capital invested
Capital invested by funds: $22.3B → $23.4B (+$1.12B)
5% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $11.1M
0.23% less ownership
Funds ownership: 82.23% → 82% (-0.23%)
4% less funds holding
Funds holding: 485 → 464 (-21)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
25% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$800M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$157M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$97.6M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$93.5M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$69.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$240M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$163M |
| 3 |
BlackRock
New York
|
-$156M |
| 4 |
FAM
Fred Alger Management
New York
|
-$109M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$107M |
WCN Hedge Fund Activity: Q1 2021 in Review
464 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2021, worth a combined $23.4B — up 5% from $22.3B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of WCN and 46 opened new positions — a net loss of 15 holders — while 152 trimmed existing stakes and 185 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $800M. The largest seller was Fidelity Investments, cutting an estimated $240M.
- 464 institutional investors held Waste Connections (WCN) as of Q1 2021, down from 485 in Q4 2020.
- Funds reported $23.4B of Waste Connections stock for Q1 2021, up 5% quarter-over-quarter.
- 46 funds opened new Waste Connections positions in Q1 2021 and 61 closed out, a net change of -15 holders.
- The largest Waste Connections buyer in Q1 2021 was T. Rowe Price Associates, an estimated $800M added.
- The largest Waste Connections seller in Q1 2021 was Fidelity Investments, an estimated $240M sold.
Based on aggregated 13F filings for Q1 2021.