Waste Connections
472 hedge funds and large institutions have $27.5B invested in Waste Connections in 2021 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 177 increasing their positions, 161 reducing their positions, and 41 closing their positions.
77% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $5.85M
6% more capital invested
Capital invested by funds: $25.8B → $27.5B (+$1.66B)
1.6% more ownership
Funds ownership: 82.01% → 83.61% (+1.6%)
10% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 161
0% more funds holding in top 10
Funds holding in top 10: 10 → 10 (0)
0% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 41
2% less funds holding
Funds holding: 480 → 472 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$159M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$93.3M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$86.6M |
| 4 |
MBI
Montrusco Bolton Investments
Montreal,
Quebec, Canada
|
+$69.9M |
| 5 |
BlackRock
New York
|
+$51.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$245M |
| 2 |
CBT
Capital Bank & Trust
Irvine,
California
|
-$62.9M |
| 3 |
Renaissance Technologies
New York
|
-$40.1M |
| 4 |
Two Sigma Investments
New York
|
-$33.4M |
| 5 |
ClearBridge Investments
New York
|
-$30.6M |
WCN Hedge Fund Activity: Q3 2021 in Review
472 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2021, worth a combined $27.5B — up 6.4% from $25.8B a quarter earlier.
Fund positioning in WCN was balanced in Q3 2021: 41 funds opened new positions, 41 closed out, 177 added to existing stakes and 161 trimmed.
The largest buyer was Invesco, adding an estimated $159M. The largest seller was T. Rowe Price Associates, cutting an estimated $245M.
- 472 institutional investors held Waste Connections (WCN) as of Q3 2021, down from 480 in Q2 2021.
- Funds reported $27.5B of Waste Connections stock for Q3 2021, up 6.4% quarter-over-quarter.
- 41 funds opened new Waste Connections positions in Q3 2021 and 41 closed out, a net change of 0 holders.
- The largest Waste Connections buyer in Q3 2021 was Invesco, an estimated $159M added.
- The largest Waste Connections seller in Q3 2021 was T. Rowe Price Associates, an estimated $245M sold.
Based on aggregated 13F filings for Q3 2021.