Waste Connections
WCN
480 hedge funds and large institutions have $25.8B invested in Waste Connections in 2021 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 171 increasing their positions, 167 reducing their positions, and 36 closing their positions.
86% more call options, than puts
Call options by funds: $17.2M | Put options by funds: $9.23M
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
58% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 36
10% more capital invested
Capital invested by funds: $23.4B → $25.8B (+$2.4B)
3% more funds holding
Funds holding: 464 → 480 (+16)
2% more repeat investments, than reductions
Existing positions increased: 171 | Existing positions reduced: 167
0.01% more ownership
Funds ownership: 82% → 82.01% (+0.01%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$232M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
+$154M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$131M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$75.5M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$75.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$276M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$148M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$89.9M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$49.3M |
| 5 |
Two Sigma Investments
New York
|
-$46.9M |
WCN Hedge Fund Activity: Q2 2021 in Review
480 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q2 2021, worth a combined $25.8B — up 10% from $23.4B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new WCN positions and 36 closed out — a net gain of 21 holders — while 171 added to existing stakes and 167 trimmed.
The largest buyer was Fidelity International, adding an estimated $232M. The largest seller was T. Rowe Price Associates, cutting an estimated $276M.
- 480 institutional investors held Waste Connections (WCN) as of Q2 2021, up from 464 in Q1 2021.
- Funds reported $25.8B of Waste Connections stock for Q2 2021, up 10% quarter-over-quarter.
- 57 funds opened new Waste Connections positions in Q2 2021 and 36 closed out, a net change of +21 holders.
- The largest Waste Connections buyer in Q2 2021 was Fidelity International, an estimated $232M added.
- The largest Waste Connections seller in Q2 2021 was T. Rowe Price Associates, an estimated $276M sold.
Based on aggregated 13F filings for Q2 2021.