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WCN

Waste Connections

358 hedge funds and large institutions have $15.7B invested in Waste Connections in 2017 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 122 increasing their positions, 144 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more capital invested

Capital invested by funds: $14.5B → $15.7B (+$1.25B)

0.37% more ownership

Funds ownership: 84.65%85.01% (+0.37%)

2% less funds holding

Funds holding: 367358 (-9)

15% less repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 144

18% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 34

26% less funds holding in top 10

Funds holding in top 10: 1914 (-5)

33% less call options, than puts

Call options by funds: $2.68M | Put options by funds: $4.02M

Holders
358
Holders Change
-9
Holders Change %
-2.45%
% of All Funds
8.93%
Holding in Top 10
14
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-26.32%
% of All Funds
0.35%
New
28
Increased
122
Reduced
144
Closed
34
Calls
$2.68M
Puts
$4.02M
Net Calls
-$1.33M
Net Calls Change
-$476K
Name Holding Trade Value Shares
Change
Change in
Stake
BAMCO Inc
26
BAMCO Inc
New York
$142M
Renaissance Technologies
27
Renaissance Technologies
New York
$139M +$39M +591,000 +42%
GCC
28
Guardian Capital (Canada)
Ontario, Canada
$139M +$666K +10,077 +0.5%
Brown Advisory
29
Brown Advisory
Maryland
$138M +$5.31M +80,424 +4%
O
30
OppenheimerFunds
New York
$136M -$56.6M -857,579 -31%
FCM
31
Frontier Capital Management
Massachusetts
$127M +$1.61M +24,397 +1%
State Street
32
State Street
Massachusetts
$122M +$2.38M +35,965 +2%
TCM
33
TimesSquare Capital Management
New York
$106M +$6.57M +99,400 +7%
DDC
34
DF Dent & Co
Maryland
$102M -$681K -10,310 -0.7%
CBT
35
Capital Bank & Trust
California
$102M -$2.55M -38,617 -3%
WA
36
Wasatch Advisors
Utah
$89.3M -$5.65M -85,463 -6%
GMI
37
Greystone Managed Investments
Saskatchewan, Canada
$80.1M -$2.38M -36,060 -3%
Arrowstreet Capital
38
Arrowstreet Capital
Massachusetts
$75.3M +$32.3M +489,637 +83%
VOYA Investment Management
39
VOYA Investment Management
Georgia
$74.8M +$9.47M +143,376 +15%
Legal & General Group
40
Legal & General Group
United Kingdom
$73.9M -$2.12M -32,160 -3%
Massachusetts Financial Services
41
Massachusetts Financial Services
Massachusetts
$72.7M -$9.82M -148,616 -13%
CIBC Asset Management
42
CIBC Asset Management
Ontario, Canada
$68.5M -$6.49M -98,288 -9%
Swiss National Bank
43
Swiss National Bank
Switzerland
$67.9M +$601K +9,100 +0.9%
Invesco
44
Invesco
Georgia
$67.1M -$114K -1,720 -0.2%
TG
45
TCW Group
California
$65.3M +$24M +363,512 +64%
Luther King Capital Management (LKCM)
46
Luther King Capital Management (LKCM)
Texas
$65M -$2M -30,316 -3%
RMDI
47
R.M. Davis Inc
Maine
$63.3M -$3.55M -53,815 -6%
Sumitomo Mitsui Trust Group
48
Sumitomo Mitsui Trust Group
Japan
$63M -$432K -6,546 -0.7%
Russell Investments Group
49
Russell Investments Group
United Kingdom
$59.9M +$540K +8,177 +1%
Capital World Investors
50
Capital World Investors
California
$58.8M

WCN Hedge Fund Activity: Q3 2017 in Review

358 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2017, worth a combined $15.7B — up 8.6% from $14.5B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of WCN and 28 opened new positions — a net loss of 6 holders — while 144 trimmed existing stakes and 122 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $180M. The largest seller was Putnam Investments, cutting an estimated $74.8M.

  • 358 institutional investors held Waste Connections (WCN) as of Q3 2017, down from 367 in Q2 2017.
  • Funds reported $15.7B of Waste Connections stock for Q3 2017, up 8.6% quarter-over-quarter.
  • 28 funds opened new Waste Connections positions in Q3 2017 and 34 closed out, a net change of -6 holders.
  • The largest Waste Connections buyer in Q3 2017 was T. Rowe Price Associates, an estimated $180M added.
  • The largest Waste Connections seller in Q3 2017 was Putnam Investments, an estimated $74.8M sold.

Based on aggregated 13F filings for Q3 2017.