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WCN

Waste Connections

430 hedge funds and large institutions have $16.9B invested in Waste Connections in 2020 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 159 increasing their positions, 154 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more funds holding in top 10

Funds holding in top 10: 1213 (+1)

3% more repeat investments, than reductions

Existing positions increased: 159 | Existing positions reduced: 154

2.21% less ownership

Funds ownership: 84.93%82.72% (-2.2%)

2% less funds holding

Funds holding: 441430 (-11)

11% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 56

17% less capital invested

Capital invested by funds: $20.4B → $16.9B (-$3.45B)

19% less call options, than puts

Call options by funds: $10M | Put options by funds: $12.3M

Holders
430
Holders Change
-11
Holders Change %
-2.49%
% of All Funds
9.48%
Holding in Top 10
13
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+8.33%
% of All Funds
0.29%
New
50
Increased
159
Reduced
154
Closed
56
Calls
$10M
Puts
$12.3M
Net Calls
-$2.28M
Net Calls Change
-$8.06M
Name Holding Trade Value Shares
Change
Change in
Stake
CG
276
Colony Group
Massachusetts
$722K -$246K -2,622 -22%
PA
277
Pinnacle Associates
New York
$720K +$91.6K +975 +12%
State Board of Administration of Florida Retirement System
278
State Board of Administration of Florida Retirement System
Florida
$697K
QT
279
Quantamental Technologies
New York
$662K +$163K +1,732 +25%
SI
280
Stephens Inc
Arkansas
$657K +$103K +1,091 +15%
TRCT
281
Tower Research Capital (TRC)
New York
$647K +$366K +3,899 +88%
CA
282
Commerzbank Aktiengesellschaft
Germany
$643K +$780K +8,298 New
SB
283
Simmons Bank
Arkansas
$633K +$30.9K +329 +4%
AI
284
Atria Investments
North Carolina
$607K -$27.3K -290 -4%
ICM
285
Intrepid Capital Management
Florida
$583K +$707K +7,524 New
CF
286
CNA Financial
Illinois
$581K +$704K +7,494 New
Prudential Financial
287
Prudential Financial
New Jersey
$559K +$2.16K +23 +0.3%
UR
288
USCA RIA
Texas
$550K -$28.2K -300 -4%
AAM
289
Azzad Asset Management
Virginia
$548K -$723K -7,692 -52%
VFA
290
Values First Advisors
Tennessee
$529K +$87K +926 +16%
LCP
291
Legacy Capital Partners
Wisconsin
$510K +$8.46K +90 +1%
CQS
292
Credential Qtrade Securities
$509K +$471K +5,015 +324%
AAM
293
Advisors Asset Management
Colorado
$474K -$172K -1,834 -23%
EMG
294
ETF Managers Group
New Jersey
$466K -$93K -989 -14%
WF
295
Welch & Forbes
Massachusetts
$423K
DIM
296
DC Investments Management
Virginia
$416K +$209K +2,222 +71%
WCA
297
Waratah Capital Advisors
Ontario, Canada
$414K -$2.3M -24,518 -82%
CC
298
Cipher Capital
New York
$412K -$432K -4,593 -46%
PAG
299
Private Advisor Group
New Jersey
$395K -$77.5K -825 -14%
LC
300
Lincoln Capital
Nebraska
$392K

WCN Hedge Fund Activity: Q1 2020 in Review

430 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2020, worth a combined $16.9B — down 17% from $20.4B a quarter earlier.

Sellers outnumbered buyers: 56 funds closed out of WCN and 50 opened new positions — a net loss of 6 holders — while 154 trimmed existing stakes and 159 added.

The largest buyer was Invesco, adding an estimated $218M. The largest seller was T. Rowe Price Associates, cutting an estimated $257M.

  • 430 institutional investors held Waste Connections (WCN) as of Q1 2020, down from 441 in Q4 2019.
  • Funds reported $16.9B of Waste Connections stock for Q1 2020, down 17% quarter-over-quarter.
  • 50 funds opened new Waste Connections positions in Q1 2020 and 56 closed out, a net change of -6 holders.
  • The largest Waste Connections buyer in Q1 2020 was Invesco, an estimated $218M added.
  • The largest Waste Connections seller in Q1 2020 was T. Rowe Price Associates, an estimated $257M sold.

Based on aggregated 13F filings for Q1 2020.