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WCN

Waste Connections

418 hedge funds and large institutions have $16.7B invested in Waste Connections in 2018 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 149 increasing their positions, 136 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

139% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 23

7% more funds holding

Funds holding: 389418 (+29)

10% more repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 136

3% more capital invested

Capital invested by funds: $16.2B → $16.7B (+$479M)

1.35% less ownership

Funds ownership: 85.58%84.23% (-1.3%)

13% less funds holding in top 10

Funds holding in top 10: 1614 (-2)

85% less call options, than puts

Call options by funds: $3.88M | Put options by funds: $25.2M

Holders
418
Holders Change
+29
Holders Change %
+7.46%
% of All Funds
9.57%
Holding in Top 10
14
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-12.5%
% of All Funds
0.32%
New
55
Increased
149
Reduced
136
Closed
23
Calls
$3.88M
Puts
$25.2M
Net Calls
-$21.4M
Net Calls Change
-$23.1M
Name Holding Trade Value Shares
Change
Change in
Stake
State Street
26
State Street
Massachusetts
$139M +$8.28M +110,765 +6%
BAMCO Inc
27
BAMCO Inc
New York
$136M -$11.2M -150,000 -8%
FCM
28
Frontier Capital Management
Massachusetts
$134M +$1.55M +20,753 +1%
Fidelity Investments
29
Fidelity Investments
Massachusetts
$126M -$239M -3,202,077 -66%
TCM
30
TimesSquare Capital Management
New York
$126M -$24.8M -331,300 -17%
GCC
31
Guardian Capital (Canada)
Ontario, Canada
$124M +$177K +2,361 +0.1%
DDC
32
DF Dent & Co
Maryland
$116M +$3.79M +50,642 +3%
VOYA Investment Management
33
VOYA Investment Management
Georgia
$106M +$13.6M +181,301 +15%
CBT
34
Capital Bank & Trust
California
$95.6M +$358K +4,786 +0.4%
Massachusetts Financial Services
35
Massachusetts Financial Services
Massachusetts
$92.2M +$3.6M +48,114 +4%
PI
36
Putnam Investments
Massachusetts
$91.1M +$18.6M +248,600 +26%
CTA
37
Carillon Tower Advisers
Florida
$88.1M -$61.3M -820,281 -41%
Toronto Dominion Bank
38
Toronto Dominion Bank
Ontario, Canada
$85.5M +$44.9M +600,914 +115%
TG
39
TCW Group
California
$83.6M -$4.04M -54,105 -5%
GMI
40
Greystone Managed Investments
Saskatchewan, Canada
$73.3M -$8.1M -108,341 -10%
O
41
OppenheimerFunds
New York
$71.3M +$6.04M +80,842 +9%
Swiss National Bank
42
Swiss National Bank
Switzerland
$71M +$2M +26,800 +3%
Legal & General Group
43
Legal & General Group
United Kingdom
$70.3M -$2.87M -38,394 -4%
Luther King Capital Management (LKCM)
44
Luther King Capital Management (LKCM)
Texas
$69M +$957K +12,804 +1%
Two Sigma Investments
45
Two Sigma Investments
New York
$68.3M +$11.9M +158,880 +21%
CIBC Asset Management
46
CIBC Asset Management
Ontario, Canada
$66.7M +$17.8M +237,878 +37%
Citadel Advisors
47
Citadel Advisors
Florida
$66.4M +$26.2M +350,413 +66%
CGT
48
Capital Guardian Trust
California
$66.1M -$1.92M -25,681 -3%
Sumitomo Mitsui Trust Group
49
Sumitomo Mitsui Trust Group
Japan
$65.8M +$3.9M +52,145 +6%
PIC
50
PCJ Investment Counsel
Ontario, Canada
$65.8M +$57.6K +770 +0.1%

WCN Hedge Fund Activity: Q2 2018 in Review

418 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q2 2018, worth a combined $16.7B — up 3% from $16.2B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new WCN positions and 23 closed out — a net gain of 32 holders — while 149 added to existing stakes and 136 trimmed.

The largest buyer was Fidelity International, opening a new position worth an estimated $286M. The largest seller was Fidelity Investments, cutting an estimated $239M.

  • 418 institutional investors held Waste Connections (WCN) as of Q2 2018, up from 389 in Q1 2018.
  • Funds reported $16.7B of Waste Connections stock for Q2 2018, up 3% quarter-over-quarter.
  • 55 funds opened new Waste Connections positions in Q2 2018 and 23 closed out, a net change of +32 holders.
  • The largest Waste Connections buyer in Q2 2018 was Fidelity International, an estimated $286M added.
  • The largest Waste Connections seller in Q2 2018 was Fidelity Investments, an estimated $239M sold.

Based on aggregated 13F filings for Q2 2018.