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WCN

Waste Connections

337 hedge funds and large institutions have $10.9B invested in Waste Connections in 2016 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 114 increasing their positions, 129 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

202% more call options, than puts

Call options by funds: $10.4M | Put options by funds: $3.44M

17% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 35

4% more capital invested

Capital invested by funds: $10.5B → $10.9B (+$433M)

1% more funds holding

Funds holding: 334337 (+3)

0.67% more ownership

Funds ownership: 127.64%128.32% (+0.67%)

11% less funds holding in top 10

Funds holding in top 10: 1816 (-2)

12% less repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 129

Holders
337
Holders Change
+3
Holders Change %
+0.9%
% of All Funds
8.99%
Holding in Top 10
16
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.11%
% of All Funds
0.43%
New
41
Increased
114
Reduced
129
Closed
35
Calls
$10.4M
Puts
$3.44M
Net Calls
+$6.94M
Net Calls Change
-$43M
Name Holding Trade Value Shares
Change
Change in
Stake
Victory Capital Management
51
Victory Capital Management
Texas
$45.6M +$25.8M +512,541 +127%
Renaissance Technologies
52
Renaissance Technologies
New York
$45.4M -$48.3M -957,750 -51%
EAM
53
Edge Asset Management
Washington
$44.9M -$792K -15,707 -2%
SCM
54
Snyder Capital Management
California
$44.4M -$7.97M -158,013 -15%
Legal & General Group
55
Legal & General Group
United Kingdom
$44.2M +$33.1M +656,717 +280%
Mackenzie Financial
56
Mackenzie Financial
Ontario, Canada
$44.1M +$3.68M +72,920 +9%
Mitsubishi UFJ Trust & Banking
57
Mitsubishi UFJ Trust & Banking
Japan
$43.4M +$3M +59,531 +7%
JHIU
58
Janus Henderson Investors US
Colorado
$43.4M +$9.63M +190,950 +28%
Invesco
59
Invesco
Georgia
$42.9M -$4.97M -98,649 -10%
Bank of America
60
Bank of America
North Carolina
$42.3M +$19.4M +384,797 +83%
Sumitomo Mitsui Trust Group
61
Sumitomo Mitsui Trust Group
Japan
$39.9M +$959K +19,013 +2%
BG
62
BlackRock Group
United Kingdom
$39.7M +$3.66M +72,609 +10%
Citadel Advisors
63
Citadel Advisors
Florida
$37.3M +$17.6M +349,496 +87%
TCM
64
Tetrem Capital Management
Manitoba, Canada
$36.6M -$1.63M -32,259 -4%
EAM
65
EULAV Asset Management
Florida
$36.5M
Swiss National Bank
66
Swiss National Bank
Switzerland
$36.2M -$106K -2,100 -0.3%
Two Sigma Investments
67
Two Sigma Investments
New York
$36M -$32.8M -650,572 -47%
Thrivent Financial for Lutherans
68
Thrivent Financial for Lutherans
Minnesota
$32M -$4.91M -97,460 -13%
PI
69
Putnam Investments
Massachusetts
$31.7M +$1.31M +26,050 +4%
BAPIM
70
British Airways Pensions Investment Management
United Kingdom
$31.1M +$31.5M +625,110 New
CIBC Asset Management
71
CIBC Asset Management
Ontario, Canada
$30.2M +$22.8M +451,899 +291%
CCM
72
Clearfield Capital Management
New York
$29.9M +$4.24M +84,000 +16%
PC
73
Polar Capital
United Kingdom
$29M -$1.07M -21,230 -4%
AIMCA
74
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$28.3M +$347K +6,888 +2%
Bessemer Group
75
Bessemer Group
New Jersey
$28.2M +$10.5M +208,723 +58%

WCN Hedge Fund Activity: Q3 2016 in Review

337 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2016, worth a combined $10.9B — up 4.1% from $10.5B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new WCN positions and 35 closed out — a net gain of 6 holders — while 114 added to existing stakes and 129 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $142M. The largest seller was Dimensional Fund Advisors, cutting an estimated $99.5M.

  • 337 institutional investors held Waste Connections (WCN) as of Q3 2016, up from 334 in Q2 2016.
  • Funds reported $10.9B of Waste Connections stock for Q3 2016, up 4.1% quarter-over-quarter.
  • 41 funds opened new Waste Connections positions in Q3 2016 and 35 closed out, a net change of +6 holders.
  • The largest Waste Connections buyer in Q3 2016 was Royal Bank of Canada, an estimated $142M added.
  • The largest Waste Connections seller in Q3 2016 was Dimensional Fund Advisors, an estimated $99.5M sold.

Based on aggregated 13F filings for Q3 2016.