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WCN

Waste Connections

256 hedge funds and large institutions have $5.05B invested in Waste Connections in 2014 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 93 increasing their positions, 96 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more call options, than puts

Call options by funds: $92K | Put options by funds: $44K

1% less capital invested

Capital invested by funds: $5.09B → $5.05B (-$42.5M)

3% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 96

2% less funds holding

Funds holding: 260256 (-4)

1.99% less ownership

Funds ownership: 141.89%139.9% (-2%)

10% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 29

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

Holders
256
Holders Change
-4
Holders Change %
-1.54%
% of All Funds
7.39%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.14%
New
26
Increased
93
Reduced
96
Closed
29
Calls
$92K
Puts
$44K
Net Calls
+$48K
Net Calls Change
+$48K
Name Holding Trade Value Shares
Change
Change in
Stake
Brown Advisory
26
Brown Advisory
Maryland
$60.8M +$1.66M +58,206 +3%
Capital Research Global Investors
27
Capital Research Global Investors
California
$60.7M
Mackenzie Financial
28
Mackenzie Financial
Ontario, Canada
$59.4M +$3.04M +106,761 +6%
RIM
29
RS Investment Management
California
$59M -$2.2M -77,202 -4%
Fidelity Investments
30
Fidelity Investments
Massachusetts
$58.7M -$11.9M -417,450 -17%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$54.8M -$792K -27,866 -1%
PC
32
Polar Capital
United Kingdom
$47.7M +$13.9M +488,539 +43%
SCM
33
Sandler Capital Management
New York
$45.3M -$11.1M -390,300 -20%
FPP
34
Findlay Park Partners
United Kingdom
$44.1M +$21.9M +768,786 +104%
Northern Trust
35
Northern Trust
Illinois
$43.2M +$725K +25,497 +2%
Balyasny Asset Management
36
Balyasny Asset Management
Illinois
$41.6M +$12.5M +437,967 +44%
Capital World Investors
37
Capital World Investors
California
$40.1M
WC
38
Weatherbie Capital
Massachusetts
$38.1M +$4.04M +141,932 +12%
Ameriprise
39
Ameriprise
Minnesota
$36.4M +$1.35M +47,529 +4%
D.E. Shaw & Co
40
D.E. Shaw & Co
New York
$30.7M +$17.4M +611,581 +139%
Teacher Retirement System of Texas
41
Teacher Retirement System of Texas
Texas
$30M -$1.71M -60,169 -6%
RMDI
42
R.M. Davis Inc
Maine
$29.9M +$543K +19,099 +2%
Luther King Capital Management (LKCM)
43
Luther King Capital Management (LKCM)
Texas
$29.1M -$5.92M -208,125 -17%
Geode Capital Management
44
Geode Capital Management
Massachusetts
$27.2M +$2.45M +86,022 +10%
Dimensional Fund Advisors
45
Dimensional Fund Advisors
Texas
$27M +$1.24M +43,581 +5%
WRF
46
Waddell & Reed Financial
Kansas
$24.9M -$10.8M -379,839 -31%
Royal Bank of Canada
47
Royal Bank of Canada
Ontario, Canada
$23.2M +$7.45M +261,931 +49%
CIP
48
Chartwell Investment Partners
Pennsylvania
$22.5M +$97.1K +3,413 +0.4%
State of Wisconsin Investment Board
49
State of Wisconsin Investment Board
Wisconsin
$21.4M +$6.83K +240 +0%
SAM
50
Sentinel Asset Management
Vermont
$20.5M +$2.12M +74,685 +12%

WCN Hedge Fund Activity: Q1 2014 in Review

256 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2014, worth a combined $5.05B — down 0.84% from $5.09B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of WCN and 26 opened new positions — a net loss of 3 holders — while 96 trimmed existing stakes and 93 added.

The largest buyer was Artisan Partners, adding an estimated $70.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $128M.

  • 256 institutional investors held Waste Connections (WCN) as of Q1 2014, down from 260 in Q4 2013.
  • Funds reported $5.05B of Waste Connections stock for Q1 2014, down 0.84% quarter-over-quarter.
  • 26 funds opened new Waste Connections positions in Q1 2014 and 29 closed out, a net change of -3 holders.
  • The largest Waste Connections buyer in Q1 2014 was Artisan Partners, an estimated $70.7M added.
  • The largest Waste Connections seller in Q1 2014 was T. Rowe Price Associates, an estimated $128M sold.

Based on aggregated 13F filings for Q1 2014.