Waste Connections
337 hedge funds and large institutions have $7.87B invested in Waste Connections in 2016 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 119 increasing their positions, 100 reducing their positions, and 27 closing their positions.
336% more call options, than puts
Call options by funds: $3.01M | Put options by funds: $690K
207% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 27
20% more funds holding
Funds holding: 281 → 337 (+56)
19% more capital invested
Capital invested by funds: $6.6B → $7.87B (+$1.27B)
19% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 100
7.18% more ownership
Funds ownership: 144.02% → 151.19% (+7.2%)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$102M |
| 2 |
AC
Ascend Capital
Orinda,
California
|
+$64.6M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$56.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$48.3M |
| 5 |
State Street
Boston,
Massachusetts
|
+$39.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$103M |
| 2 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$88.7M |
| 3 |
HCM
Hoplite Capital Management
New York
|
-$59.7M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$42.8M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$30.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CC
351
Curian Capital
Denver,
Colorado
| – | -$639K | -17,028 | Closed |
|
|
JG
352
Jefferies Group
New York
| – | -$513K | -13,665 | Closed |
|
|
AP
353
AHL Partners
London,
United Kingdom
| – | -$484K | -12,894 | Closed |
|
|
AIM
354
Assured Investment Management
New York
| – | -$369K | -9,818 | Closed |
|
355
Walleye Trading
New York
| – | -$236K | -5,852 | Closed |
|
356
Allianz Asset Management
Munich,
Germany
| – | -$203K | -5,415 | Closed |
|
|
VFA
357
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$22K | -575 | Closed |
|
358
Simplex Trading
Chicago,
Illinois
| – | -$16.8K | -417 | Closed |
|
359
AssetMark Inc
Concord,
California
| – | -$3K | -75 | Closed |
|
|
CG
360
Cutler Group
San Francisco,
California
| – | -$2.54K | -63 | Closed |
|
WCN Hedge Fund Activity: Q1 2016 in Review
337 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2016, worth a combined $7.87B — up 19% from $6.6B a quarter earlier.
Buyers outnumbered sellers: 83 funds opened new WCN positions and 27 closed out — a net gain of 56 holders — while 119 added to existing stakes and 100 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $102M. The largest seller was Maverick Capital, cutting an estimated $103M.
- 337 institutional investors held Waste Connections (WCN) as of Q1 2016, up from 281 in Q4 2015.
- Funds reported $7.87B of Waste Connections stock for Q1 2016, up 19% quarter-over-quarter.
- 83 funds opened new Waste Connections positions in Q1 2016 and 27 closed out, a net change of +56 holders.
- The largest Waste Connections buyer in Q1 2016 was JP Morgan Chase, an estimated $102M added.
- The largest Waste Connections seller in Q1 2016 was Maverick Capital, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2016.