Waste Connections
389 hedge funds and large institutions have $16.2B invested in Waste Connections in 2018 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 132 increasing their positions, 140 reducing their positions, and 41 closing their positions.
19% more call options, than puts
Call options by funds: $10.7M | Put options by funds: $9.01M
7% more funds holding in top 10
Funds holding in top 10: 15 → 16 (+1)
1.22% more ownership
Funds ownership: 84.36% → 85.58% (+1.2%)
3% more capital invested
Capital invested by funds: $15.7B → $16.2B (+$549M)
6% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 140
2% less funds holding
Funds holding: 398 → 389 (-9)
12% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$206M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
+$60.2M |
| 3 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
+$35.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$33.3M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$107M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$49.5M |
| 3 |
AC
Ascend Capital
Orinda,
California
|
-$47.9M |
| 4 |
SI
Sentry Investments
Toronto,
Ontario, Canada
|
-$44.5M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$33.3M |
WCN Hedge Fund Activity: Q1 2018 in Review
389 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2018, worth a combined $16.2B — up 3.5% from $15.7B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of WCN and 36 opened new positions — a net loss of 5 holders — while 140 trimmed existing stakes and 132 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $206M. The largest seller was Artisan Partners, cutting an estimated $107M.
- 389 institutional investors held Waste Connections (WCN) as of Q1 2018, down from 398 in Q4 2017.
- Funds reported $16.2B of Waste Connections stock for Q1 2018, up 3.5% quarter-over-quarter.
- 36 funds opened new Waste Connections positions in Q1 2018 and 41 closed out, a net change of -5 holders.
- The largest Waste Connections buyer in Q1 2018 was T. Rowe Price Associates, an estimated $206M added.
- The largest Waste Connections seller in Q1 2018 was Artisan Partners, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2018.