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WCN

Waste Connections

685 hedge funds and large institutions have $38B invested in Waste Connections in 2024 Q1 according to their latest regulatory filings, with 91 funds opening new positions, 227 increasing their positions, 269 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

139% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 38

63% more call options, than puts

Call options by funds: $62M | Put options by funds: $38.1M

14% more capital invested

Capital invested by funds: $33.4B → $38B (+$4.57B)

7% more funds holding

Funds holding: 639685 (+46)

6% more funds holding in top 10

Funds holding in top 10: 1718 (+1)

1.15% less ownership

Funds ownership: 86.83%85.68% (-1.2%)

16% less repeat investments, than reductions

Existing positions increased: 227 | Existing positions reduced: 269

Holders
685
Holders Change
+46
Holders Change %
+7.2%
% of All Funds
9.87%
Holding in Top 10
18
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5.88%
% of All Funds
0.26%
New
91
Increased
227
Reduced
269
Closed
38
Calls
$62M
Puts
$38.1M
Net Calls
+$23.9M
Net Calls Change
-$14.3M
Name Holding Trade Value Shares
Change
Change in
Stake
CCM
226
Carderock Capital Management
Maryland
$7.14M +$658K +4,095 +11%
RCM
227
Ravenstone Capital Management
$7.05M +$59.5K +370 +0.9%
WHG
228
Westwood Holdings Group
Texas
$6.86M -$321 -2 -0%
OSAM
229
O'Shaughnessy Asset Management
Connecticut
$6.66M -$215K -1,339 -3%
Skandinaviska Enskilda Banken (SEB)
230
Skandinaviska Enskilda Banken (SEB)
Sweden
$6.6M -$181K -1,125 -2%
M&T Bank
231
M&T Bank
New York
$6.52M +$470K +2,924 +8%
CSS
232
Cubist Systematic Strategies
Connecticut
$6.51M +$5.83M +36,264 +2,291%
FAF
233
Fjarde Ap-fonden
Sweden
$6.45M +$466K +2,900 +8%
Principal Financial Group
234
Principal Financial Group
Iowa
$6.43M -$112K -700 -2%
Allianz Asset Management
235
Allianz Asset Management
Germany
$6.35M +$464K +2,886 +8%
CF
236
Centaurus Financial
California
$6.26M -$324K -2,014 -5%
D.E. Shaw & Co
237
D.E. Shaw & Co
New York
$6.23M -$9.75M -60,699 -63%
MAM
238
Mirabaud Asset Management
United Kingdom
$6.2M +$5.79M +36,020 New
BPIM
239
Brant Point Investment Management
New York
$5.96M -$208K -1,295 -4%
JAM
240
JCIC Asset Management
Ontario, Canada
$5.93M -$2.41K -15 -0%
LPL Financial
241
LPL Financial
California
$5.81M +$788K +4,905 +17%
T
242
TOBAM
France
$5.61M -$1.56M -9,678 -23%
CGH
243
Crossmark Global Holdings
Texas
$5.56M +$319K +1,988 +7%
Focus Partners Wealth
244
Focus Partners Wealth
Massachusetts
$5.48M +$4.71M +29,316 +1,146%
CPA
245
Capital Planning Advisors
California
$5.46M -$2.57K -16 -0.1%
Truist Financial
246
Truist Financial
North Carolina
$5.33M -$3.65M -22,738 -42%
O
247
Ossiam
France
$5.28M -$282K -1,754 -5%
URS
248
Utah Retirement Systems
Utah
$5.2M
OAM
249
Oppenheimer Asset Management
New York
$5.19M -$1.36M -8,480 -22%
Cambridge Investment Research Advisors
250
Cambridge Investment Research Advisors
Iowa
$5.18M +$1.46M +9,115 +43%

WCN Hedge Fund Activity: Q1 2024 in Review

685 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2024, worth a combined $38B — up 14% from $33.4B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new WCN positions and 38 closed out — a net gain of 53 holders — while 227 added to existing stakes and 269 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $453M. The largest seller was TD Asset Management, cutting an estimated $322M.

  • 685 institutional investors held Waste Connections (WCN) as of Q1 2024, up from 639 in Q4 2023.
  • Funds reported $38B of Waste Connections stock for Q1 2024, up 14% quarter-over-quarter.
  • 91 funds opened new Waste Connections positions in Q1 2024 and 38 closed out, a net change of +53 holders.
  • The largest Waste Connections buyer in Q1 2024 was Fidelity Investments, an estimated $453M added.
  • The largest Waste Connections seller in Q1 2024 was TD Asset Management, an estimated $322M sold.

Based on aggregated 13F filings for Q1 2024.