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WCN

Waste Connections

358 hedge funds and large institutions have $15.7B invested in Waste Connections in 2017 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 122 increasing their positions, 144 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more capital invested

Capital invested by funds: $14.5B → $15.7B (+$1.25B)

0.37% more ownership

Funds ownership: 84.65%85.01% (+0.37%)

2% less funds holding

Funds holding: 367358 (-9)

15% less repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 144

18% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 34

26% less funds holding in top 10

Funds holding in top 10: 1914 (-5)

33% less call options, than puts

Call options by funds: $2.68M | Put options by funds: $4.02M

Holders
358
Holders Change
-9
Holders Change %
-2.45%
% of All Funds
8.93%
Holding in Top 10
14
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-26.32%
% of All Funds
0.35%
New
28
Increased
122
Reduced
144
Closed
34
Calls
$2.68M
Puts
$4.02M
Net Calls
-$1.33M
Net Calls Change
-$476K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
51
Bank of America
North Carolina
$58.1M +$20.2M +306,035 +58%
Mitsubishi UFJ Trust & Banking
52
Mitsubishi UFJ Trust & Banking
Japan
$56.2M +$285K +4,320 +0.5%
CGT
53
Capital Guardian Trust
California
$55.1M +$65.3K +988 +0.1%
Principal Financial Group
54
Principal Financial Group
Iowa
$53.1M -$154K -2,334 -0.3%
Schroder Investment Management Group
55
Schroder Investment Management Group
United Kingdom
$52.3M -$2.67M -40,400 -5%
T
56
TOBAM
France
$51.2M -$22.6M -342,286 -32%
EAM
57
EULAV Asset Management
Florida
$46.6M -$793K -12,000 -2%
SAM
58
Silvercrest Asset Management
New York
$45.6M -$1.34M -20,324 -3%
Public Sector Pension Investment Board (PSP Investments)
59
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$44.8M +$7.47M +113,100 +21%
Thrivent Financial for Lutherans
60
Thrivent Financial for Lutherans
Minnesota
$44.2M +$102K +1,540 +0.2%
PIC
61
PCJ Investment Counsel
Ontario, Canada
$41.3M -$2.79M -42,249 -7%
Goldman Sachs
62
Goldman Sachs
New York
$41M +$13.2M +199,663 +52%
Deutsche Bank
63
Deutsche Bank
Germany
$40.9M +$5.85M +88,608 +18%
Calamos Advisors
64
Calamos Advisors
Illinois
$40.5M -$4.79M -72,516 -11%
ESCM
65
Echo Street Capital Management
New York
$40.5M +$2.13M +32,245 +6%
SAM
66
Scopus Asset Management
New York
$39.7M +$3.96M +60,000 +12%
UBS AM
67
UBS AM
Illinois
$37.8M -$2.32M -35,170 -6%
ORI
68
Oak Ridge Investments
Illinois
$37.6M -$8.62M -130,498 -20%
BAPIM
69
British Airways Pensions Investment Management
United Kingdom
$33.7M -$1M -15,200 -3%
Two Sigma Investments
70
Two Sigma Investments
New York
$32.4M +$12M +181,497 +64%
N
71
Nuveen
North Carolina
$31.9M +$2.72M +41,180 +10%
Northern Trust
72
Northern Trust
Illinois
$31.9M +$1.38M +20,899 +5%
RJA
73
Raymond James & Associates
Florida
$31.8M -$548K -8,300 -2%
GI
74
GAMCO Investors
Connecticut
$31.1M +$809K +12,243 +3%
Neuberger Berman Group
75
Neuberger Berman Group
New York
$29.8M -$205K -3,109 -0.7%

WCN Hedge Fund Activity: Q3 2017 in Review

358 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2017, worth a combined $15.7B — up 8.6% from $14.5B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of WCN and 28 opened new positions — a net loss of 6 holders — while 144 trimmed existing stakes and 122 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $180M. The largest seller was Putnam Investments, cutting an estimated $74.8M.

  • 358 institutional investors held Waste Connections (WCN) as of Q3 2017, down from 367 in Q2 2017.
  • Funds reported $15.7B of Waste Connections stock for Q3 2017, up 8.6% quarter-over-quarter.
  • 28 funds opened new Waste Connections positions in Q3 2017 and 34 closed out, a net change of -6 holders.
  • The largest Waste Connections buyer in Q3 2017 was T. Rowe Price Associates, an estimated $180M added.
  • The largest Waste Connections seller in Q3 2017 was Putnam Investments, an estimated $74.8M sold.

Based on aggregated 13F filings for Q3 2017.