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.
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: 334 → 337 (+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: 18 → 16 (-2)
12% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 129
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$142M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$127M |
| 3 |
SIG
Senator Investment Group
New York
|
+$84.4M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$58.5M |
| 5 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$49.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
-$99.5M |
| 2 |
Goldman Sachs
New York
|
-$99.3M |
| 3 |
Millennium Management
New York
|
-$62.2M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$52M |
| 5 |
JP Morgan Chase
New York
|
-$49M |
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.