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WCN

Waste Connections

413 hedge funds and large institutions have $20.6B invested in Waste Connections in 2019 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 159 increasing their positions, 136 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $15.2M | Put options by funds: $8.9M

17% more repeat investments, than reductions

Existing positions increased: 159 | Existing positions reduced: 136

5% more funds holding in top 10

Funds holding in top 10: 2021 (+1)

9% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 44

1% more funds holding

Funds holding: 410413 (+3)

0.18% less ownership

Funds ownership: 85.09%84.91% (-0.18%)

4% less capital invested

Capital invested by funds: $21.4B → $20.6B (-$782M)

Holders
413
Holders Change
+3
Holders Change %
+0.73%
% of All Funds
9.06%
Holding in Top 10
21
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5%
% of All Funds
0.46%
New
48
Increased
159
Reduced
136
Closed
44
Calls
$15.2M
Puts
$8.9M
Net Calls
+$6.25M
Net Calls Change
-$1.06M
Name Holding Trade Value Shares
Change
Change in
Stake
AAM
276
Advisors Asset Management
Colorado
$744K -$190K -2,053 -20%
AI
277
Atria Investments
North Carolina
$734K +$5.08K +55 +0.7%
Jane Street
278
Jane Street
New York
$703K -$567K -6,129 -45%
SGI
279
Summit Global Investments
Utah
$703K +$12.9K +140 +2%
SI
280
Stephens Inc
Arkansas
$665K -$123K -1,331 -16%
MC
281
Middleton & Co
Massachusetts
$664K +$206K +2,226 +45%
Prudential Financial
282
Prudential Financial
New Jersey
$662K -$12K -130 -2%
PA
283
Pinnacle Associates
New York
$632K +$143K +1,550 +29%
N
284
Natixis
France
$603K +$606K +6,557 New
FAAS
285
First Allied Advisory Services
California
$559K +$121K +1,314 +28%
LCP
286
Legacy Capital Partners
Wisconsin
$555K +$18.5K +200 +3%
SCM
287
Sterling Capital Management
North Carolina
$533K -$53.7K -581 -9%
FMT
288
First Mercantile Trust
Tennessee
$526K +$28K +303 +6%
WF
289
Welch & Forbes
Massachusetts
$502K
SEC
290
Seven Eight Capital
New York
$478K +$481K +5,200 New
LC
291
Lincoln Capital
Nebraska
$466K
GCA
292
Gideon Capital Advisors
New York
$461K +$463K +5,007 New
FWCM
293
Ferguson Wellman Capital Management
Oregon
$443K
CAM
294
Claret Asset Management
Quebec, Canada
$442K -$35.9K -388 -7%
TAM
295
Tiverton Asset Management
Delaware
$436K +$438K +4,736 New
BCM
296
Bayesian Capital Management
New York
$432K +$434K +4,693 New
ACM
297
AlphaCrest Capital Management
New York
$432K +$435K +4,700 New
Nomura Holdings
298
Nomura Holdings
Japan
$422K +$427K +4,615 New
WP
299
WMS Partners
Maryland
$420K +$168K +1,814 +66%
BA
300
Boston Advisors
Massachusetts
$396K -$97.1K -1,050 -20%

WCN Hedge Fund Activity: Q3 2019 in Review

413 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2019, worth a combined $20.6B — down 3.7% from $21.4B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new WCN positions and 44 closed out — a net gain of 4 holders — while 159 added to existing stakes and 136 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $112M. The largest seller was T. Rowe Price Associates, cutting an estimated $376M.

  • 413 institutional investors held Waste Connections (WCN) as of Q3 2019, up from 410 in Q2 2019.
  • Funds reported $20.6B of Waste Connections stock for Q3 2019, down 3.7% quarter-over-quarter.
  • 48 funds opened new Waste Connections positions in Q3 2019 and 44 closed out, a net change of +4 holders.
  • The largest Waste Connections buyer in Q3 2019 was Bank of Montreal, an estimated $112M added.
  • The largest Waste Connections seller in Q3 2019 was T. Rowe Price Associates, an estimated $376M sold.

Based on aggregated 13F filings for Q3 2019.