Waste Connections
306 hedge funds and large institutions have $5.1B invested in Waste Connections in 2014 Q4 according to their latest regulatory filings, with 59 funds opening new positions, 111 increasing their positions, 98 reducing their positions, and 25 closing their positions.
136% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 25
13% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 98
12% more funds holding
Funds holding: 274 → 306 (+32)
0.39% less ownership
Funds ownership: 140.52% → 140.12% (-0.39%)
9% less capital invested
Capital invested by funds: $5.63B → $5.1B (-$533M)
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
66% less call options, than puts
Call options by funds: $1.02M | Put options by funds: $2.97M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$62.4M |
| 2 |
Renaissance Technologies
New York
|
+$51.3M |
| 3 |
Millennium Management
New York
|
+$37M |
| 4 |
Morgan Stanley
New York
|
+$36.7M |
| 5 |
JP Morgan Chase
New York
|
+$34.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$92.5M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$82.6M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$80.5M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$32.1M |
| 5 |
Bank of New York Mellon
New York
|
-$30.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
326
Walleye Trading
New York
| – | -$24K | -732 | Closed |
|
|
FAM
327
Fortaleza Asset Management
Chicago,
Illinois
| – | -$4K | -123 | Closed |
|
|
PTC
328
Private Trust Company
Cleveland,
Ohio
| – | -$3K | -86 | Closed |
|
329
Acadian Asset Management
Boston,
Massachusetts
| – | -$3K | -83 | Closed |
|
330
Envestnet Asset Management
Chicago,
Illinois
| – | -$3K | -81 | Closed |
|
|
W
331
Wealthfront
Palo Alto,
California
| – | +$94 | +3 | New |
|
WCN Hedge Fund Activity: Q4 2014 in Review
306 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2014, worth a combined $5.1B — down 9.5% from $5.63B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new WCN positions and 25 closed out — a net gain of 34 holders — while 111 added to existing stakes and 98 trimmed.
The largest buyer was Wells Fargo, adding an estimated $62.4M. The largest seller was Brookfield Corp, exiting entirely with an estimated $92.5M sold.
- 306 institutional investors held Waste Connections (WCN) as of Q4 2014, up from 274 in Q3 2014.
- Funds reported $5.1B of Waste Connections stock for Q4 2014, down 9.5% quarter-over-quarter.
- 59 funds opened new Waste Connections positions in Q4 2014 and 25 closed out, a net change of +34 holders.
- The largest Waste Connections buyer in Q4 2014 was Wells Fargo, an estimated $62.4M added.
- The largest Waste Connections seller in Q4 2014 was Brookfield Corp, an estimated $92.5M sold.
Based on aggregated 13F filings for Q4 2014.