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WCN

Waste Connections

418 hedge funds and large institutions have $17.7B invested in Waste Connections in 2018 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 143 increasing their positions, 155 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

527% more call options, than puts

Call options by funds: $3.5M | Put options by funds: $558K

12% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 33

6% more capital invested

Capital invested by funds: $16.7B → $17.7B (+$972M)

0% more funds holding

Funds holding: 418418 (0)

0.14% less ownership

Funds ownership: 84.23%84.1% (-0.14%)

8% less repeat investments, than reductions

Existing positions increased: 143 | Existing positions reduced: 155

7% less funds holding in top 10

Funds holding in top 10: 1413 (-1)

Holders
418
Holders Change
Holders Change %
0%
% of All Funds
9.56%
Holding in Top 10
13
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-7.14%
% of All Funds
0.3%
New
37
Increased
143
Reduced
155
Closed
33
Calls
$3.5M
Puts
$558K
Net Calls
+$2.94M
Net Calls Change
+$24.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Life
26
Canada Life
Manitoba, Canada
$137M -$52.6M -670,397 -28%
GCC
27
Guardian Capital (Canada)
Ontario, Canada
$134M +$3.67M +46,688 +3%
Fidelity Investments
28
Fidelity Investments
Massachusetts
$134M -$435K -5,542 -0.3%
Fiera Capital (Canada)
29
Fiera Capital (Canada)
Quebec, Canada
$133M -$15.4M -196,062 -10%
TCM
30
TimesSquare Capital Management
New York
$132M -$2.03M -25,800 -2%
BAMCO Inc
31
BAMCO Inc
New York
$132M -$11.8M -150,000 -8%
DDC
32
DF Dent & Co
Maryland
$122M -$426K -5,425 -0.4%
CTA
33
Carillon Tower Advisers
Florida
$115M +$21.2M +270,165 +23%
PI
34
Putnam Investments
Massachusetts
$106M +$9.59M +122,175 +10%
Capital World Investors
35
Capital World Investors
California
$105M +$37.2M +474,000 +56%
CBT
36
Capital Bank & Trust
California
$100M -$1.08M -13,693 -1%
Massachusetts Financial Services
37
Massachusetts Financial Services
Massachusetts
$94.8M -$2.84M -36,156 -3%
TG
38
TCW Group
California
$88.2M -$350K -4,456 -0.4%
AC
39
Ascend Capital
California
$85.4M +$72.4M +921,760 +617%
CIBC Asset Management
40
CIBC Asset Management
Ontario, Canada
$80.5M +$9.81M +124,943 +14%
Toronto Dominion Bank
41
Toronto Dominion Bank
Ontario, Canada
$79.7M -$10.5M -133,353 -12%
VOYA Investment Management
42
VOYA Investment Management
Georgia
$75.2M -$36.1M -459,953 -33%
TCIM
43
TIAA CREF Investment Management
New York
$75.1M +$12.7M +162,017 +21%
Legal & General Group
44
Legal & General Group
United Kingdom
$74.6M +$185K +2,356 +0.3%
Luther King Capital Management (LKCM)
45
Luther King Capital Management (LKCM)
Texas
$73.8M +$645K +8,217 +0.9%
Swiss National Bank
46
Swiss National Bank
Switzerland
$72.6M -$2.61M -33,200 -4%
Sumitomo Mitsui Trust Group
47
Sumitomo Mitsui Trust Group
Japan
$70.9M +$1.1M +14,006 +2%
CGT
48
Capital Guardian Trust
California
$70M -$29.1K -370 -0%
Thrivent Financial for Lutherans
49
Thrivent Financial for Lutherans
Minnesota
$66.5M -$1.94M -24,734 -3%
AAMU
50
Amundi Asset Management US
Massachusetts
$62.2M +$2.48M +31,537 +4%

WCN Hedge Fund Activity: Q3 2018 in Review

418 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2018, worth a combined $17.7B — up 5.8% from $16.7B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new WCN positions and 33 closed out — a net gain of 4 holders — while 143 added to existing stakes and 155 trimmed.

The largest buyer was Ascend Capital, adding an estimated $72.4M. The largest seller was Citadel Advisors, cutting an estimated $65.1M.

  • 418 institutional investors held Waste Connections (WCN) as of Q3 2018, unchanged from Q2 2018.
  • Funds reported $17.7B of Waste Connections stock for Q3 2018, up 5.8% quarter-over-quarter.
  • 37 funds opened new Waste Connections positions in Q3 2018 and 33 closed out, a net change of +4 holders.
  • The largest Waste Connections buyer in Q3 2018 was Ascend Capital, an estimated $72.4M added.
  • The largest Waste Connections seller in Q3 2018 was Citadel Advisors, an estimated $65.1M sold.

Based on aggregated 13F filings for Q3 2018.