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WCN

Waste Connections

274 hedge funds and large institutions have $5.63B invested in Waste Connections in 2014 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 93 increasing their positions, 109 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,406% more call options, than puts

Call options by funds: $738K | Put options by funds: $49K

42% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 19

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

1% more funds holding

Funds holding: 270274 (+4)

3% less capital invested

Capital invested by funds: $5.8B → $5.63B (-$165M)

3.95% less ownership

Funds ownership: 144.47%140.52% (-4%)

15% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 109

Holders
274
Holders Change
+4
Holders Change %
+1.48%
% of All Funds
7.95%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.23%
New
27
Increased
93
Reduced
109
Closed
19
Calls
$738K
Puts
$49K
Net Calls
+$689K
Net Calls Change
+$636K
Name Holding Trade Value Shares
Change
Change in
Stake
CWAM
26
Columbia Wanger Asset Management
Illinois
$75.8M -$3.99M -123,000 -5%
Brown Advisory
27
Brown Advisory
Maryland
$66.4M -$483K -14,891 -0.7%
PC
28
Polar Capital
United Kingdom
$66.2M +$5.43M +167,395 +9%
Invesco
29
Invesco
Georgia
$63.1M -$2.49M -76,811 -4%
Mackenzie Financial
30
Mackenzie Financial
Ontario, Canada
$56.8M -$6.34M -195,441 -10%
FPP
31
Findlay Park Partners
United Kingdom
$56.3M
Fidelity Investments
32
Fidelity Investments
Massachusetts
$55.4M +$4.69M +144,450 +9%
WC
33
Weatherbie Capital
Massachusetts
$52.9M -$843K -25,990 -2%
Wells Fargo
34
Wells Fargo
California
$52.9M +$20.8M +640,272 +64%
Dimensional Fund Advisors
35
Dimensional Fund Advisors
Texas
$51M +$11.6M +358,660 +29%
RIM
36
RS Investment Management
California
$48.2M -$12.4M -381,984 -20%
Northern Trust
37
Northern Trust
Illinois
$47.2M -$1.89M -58,315 -4%
Schroder Investment Management Group
38
Schroder Investment Management Group
United Kingdom
$47M -$2.06M -63,450 -4%
Capital World Investors
39
Capital World Investors
California
$44.4M
Balyasny Asset Management
40
Balyasny Asset Management
Illinois
$38.7M +$15.2M +469,814 +65%
WRF
41
Waddell & Reed Financial
Kansas
$36.7M +$5.24M +161,550 +17%
RMDI
42
R.M. Davis Inc
Maine
$33.9M +$167K +5,139 +0.5%
Geode Capital Management
43
Geode Capital Management
Massachusetts
$33.8M +$2.45M +75,395 +8%
Teacher Retirement System of Texas
44
Teacher Retirement System of Texas
Texas
$33.2M -$2.11K -65 -0%
Ameriprise
45
Ameriprise
Minnesota
$32.6M -$5.99M -184,611 -15%
Royal Bank of Canada
46
Royal Bank of Canada
Ontario, Canada
$31.8M -$850K -26,184 -3%
Luther King Capital Management (LKCM)
47
Luther King Capital Management (LKCM)
Texas
$30.6M -$172K -5,310 -0.6%
D.E. Shaw & Co
48
D.E. Shaw & Co
New York
$30.5M -$13M -399,996 -30%
Capital International Investors
49
Capital International Investors
California
$27.1M +$27.2M +837,300 New
TSAM
50
Trinity Street Asset Management
United Kingdom
$26.3M +$5.22M +160,979 +25%

WCN Hedge Fund Activity: Q3 2014 in Review

274 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2014, worth a combined $5.63B — down 2.8% from $5.8B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new WCN positions and 19 closed out — a net gain of 8 holders — while 93 added to existing stakes and 109 trimmed.

The largest buyer was Capital International Investors, opening a new position worth an estimated $27.2M. The largest seller was Norges Bank, cutting an estimated $139M.

  • 274 institutional investors held Waste Connections (WCN) as of Q3 2014, up from 270 in Q2 2014.
  • Funds reported $5.63B of Waste Connections stock for Q3 2014, down 2.8% quarter-over-quarter.
  • 27 funds opened new Waste Connections positions in Q3 2014 and 19 closed out, a net change of +8 holders.
  • The largest Waste Connections buyer in Q3 2014 was Capital International Investors, an estimated $27.2M added.
  • The largest Waste Connections seller in Q3 2014 was Norges Bank, an estimated $139M sold.

Based on aggregated 13F filings for Q3 2014.