Waste Connections
338 hedge funds and large institutions have $12.1B invested in Waste Connections in 2016 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 112 increasing their positions, 120 reducing their positions, and 44 closing their positions.
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
11% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 44
11% more capital invested
Capital invested by funds: $10.9B → $12.1B (+$1.18B)
2.78% more ownership
Funds ownership: 128.32% → 131.1% (+2.8%)
0% more funds holding
Funds holding: 337 → 338 (+1)
7% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 120
68% less call options, than puts
Call options by funds: $8.18M | Put options by funds: $25.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$351M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$113M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$84.6M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$64.3M |
| 5 |
JP Morgan Chase
New York
|
+$61.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$91.2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$91M |
| 3 |
SIG
Senator Investment Group
New York
|
-$83.3M |
| 4 |
State Street
Boston,
Massachusetts
|
-$76.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$66.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
M
376
MOTCO
San Antonio,
Texas
| – | -$10K | -207 | Closed |
|
377
Walleye Trading
New York
| – | -$3K | -65 | Closed |
|
|
FANJ
378
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$2K | -50 | Closed |
|
|
CG
379
Cutler Group
San Francisco,
California
| – | -$2.12K | -42 | Closed |
|
|
IWMPD
380
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$1K | -29 | Closed |
|
WCN Hedge Fund Activity: Q4 2016 in Review
338 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2016, worth a combined $12.1B — up 11% from $10.9B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new WCN positions and 44 closed out — a net gain of 5 holders — while 112 added to existing stakes and 120 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $351M. The largest seller was Maverick Capital, cutting an estimated $91.2M.
- 338 institutional investors held Waste Connections (WCN) as of Q4 2016, up from 337 in Q3 2016.
- Funds reported $12.1B of Waste Connections stock for Q4 2016, up 11% quarter-over-quarter.
- 49 funds opened new Waste Connections positions in Q4 2016 and 44 closed out, a net change of +5 holders.
- The largest Waste Connections buyer in Q4 2016 was 1832 Asset Management, an estimated $351M added.
- The largest Waste Connections seller in Q4 2016 was Maverick Capital, an estimated $91.2M sold.
Based on aggregated 13F filings for Q4 2016.