Waste Connections
441 hedge funds and large institutions have $20.4B invested in Waste Connections in 2019 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 155 increasing their positions, 143 reducing their positions, and 29 closing their positions.
138% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 29
77% more call options, than puts
Call options by funds: $13.3M | Put options by funds: $7.51M
7% more funds holding
Funds holding: 413 → 441 (+28)
8% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 143
0.02% more ownership
Funds ownership: 84.91% → 84.93% (+0.02%)
1% less capital invested
Capital invested by funds: $20.6B → $20.4B (-$242M)
43% less funds holding in top 10
Funds holding in top 10: 21 → 12 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$243M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$69.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$45M |
| 4 |
Renaissance Technologies
New York
|
+$43.2M |
| 5 |
Neuberger Berman Group
New York
|
+$41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$199M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$131M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$99M |
| 4 |
Morgan Stanley
New York
|
-$75.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$71.8M |
WCN Hedge Fund Activity: Q4 2019 in Review
441 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2019, worth a combined $20.4B — down 1.2% from $20.6B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new WCN positions and 29 closed out — a net gain of 40 holders — while 155 added to existing stakes and 143 trimmed.
The largest buyer was BlackRock, adding an estimated $243M. The largest seller was JP Morgan Chase, cutting an estimated $199M.
- 441 institutional investors held Waste Connections (WCN) as of Q4 2019, up from 413 in Q3 2019.
- Funds reported $20.4B of Waste Connections stock for Q4 2019, down 1.2% quarter-over-quarter.
- 69 funds opened new Waste Connections positions in Q4 2019 and 29 closed out, a net change of +40 holders.
- The largest Waste Connections buyer in Q4 2019 was BlackRock, an estimated $243M added.
- The largest Waste Connections seller in Q4 2019 was JP Morgan Chase, an estimated $199M sold.
Based on aggregated 13F filings for Q4 2019.