Waste Connections
285 hedge funds and large institutions have $5.58B invested in Waste Connections in 2015 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 100 increasing their positions, 118 reducing their positions, and 52 closing their positions.
73,093% more call options, than puts
Call options by funds: $32.2M | Put options by funds: $44K
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% more capital invested
Capital invested by funds: $5.1B → $5.58B (+$482M)
0.28% more ownership
Funds ownership: 140.12% → 140.4% (+0.28%)
7% less funds holding
Funds holding: 306 → 285 (-21)
15% less repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 118
35% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$138M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$101M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$98.5M |
| 4 |
EIP
Epoch Investment Partners
New York
|
+$62.9M |
| 5 |
HCM
Hoplite Capital Management
New York
|
+$48.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$86.1M |
| 2 |
Goldman Sachs
New York
|
-$74.6M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$56.6M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$50.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
326
Tower Research Capital (TRC)
New York
| – | -$110K | -3,750 | Closed |
|
|
CLOS
327
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$81K | -2,775 | Closed |
|
|
LOT
328
Lombard Odier Transatlantic
Montreal,
Quebec, Canada
| – | -$81K | -2,775 | Closed |
|
|
NFG
329
Next Financial Group
Houston,
Texas
| – | -$57K | -1,950 | Closed |
|
|
IGIM
330
I.G. Investment Management
Winnipeg,
Manitoba, Canada
| – | -$56K | -1,926 | Closed |
|
|
LOCC
331
Lombard Odier & Cie (Canada)
Montreal,
Quebec, Canada
| – | -$44K | -1,500 | Closed |
|
|
NPC
332
National Planning Corporation
El Segundo,
California
| – | -$24.7K | -860 | Closed |
|
|
RC
333
RegentAtlantic Capital
Morristown,
New Jersey
| – | -$12.1K | -413 | Closed |
|
|
VCM
334
Vigilant Capital Management
Portland,
Maine
| – | -$12K | -393 | Closed |
|
335
Simplex Trading
Chicago,
Illinois
| – | -$6K | -197 | Closed |
|
|
MFS
336
MSI Financial Services
Springfield,
Massachusetts
| – | +$92 | +3 | New |
|
|
IWMPD
337
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | +$885 | +29 | New |
|
WCN Hedge Fund Activity: Q1 2015 in Review
285 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2015, worth a combined $5.58B — up 9.5% from $5.1B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of WCN and 34 opened new positions — a net loss of 18 holders — while 118 trimmed existing stakes and 100 added.
The largest buyer was Perkins Investment Management, adding an estimated $138M. The largest seller was OppenheimerFunds, cutting an estimated $86.1M.
- 285 institutional investors held Waste Connections (WCN) as of Q1 2015, down from 306 in Q4 2014.
- Funds reported $5.58B of Waste Connections stock for Q1 2015, up 9.5% quarter-over-quarter.
- 34 funds opened new Waste Connections positions in Q1 2015 and 52 closed out, a net change of -18 holders.
- The largest Waste Connections buyer in Q1 2015 was Perkins Investment Management, an estimated $138M added.
- The largest Waste Connections seller in Q1 2015 was OppenheimerFunds, an estimated $86.1M sold.
Based on aggregated 13F filings for Q1 2015.