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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
RMDI
51
R.M. Davis Inc
Maine
$61.8M -$3.32M -42,253 -5%
O
52
OppenheimerFunds
New York
$60.2M -$15.2M -192,978 -20%
Deutsche Bank
53
Deutsche Bank
Germany
$57.7M -$819K -10,432 -1%
EPFB
54
Employees Provident Fund Board
Malaysia
$56.9M +$18.7M +237,747 +75%
Bank of Nova Scotia
55
Bank of Nova Scotia
Ontario, Canada
$55.3M +$4.7M +59,807 +9%
Schroder Investment Management Group
56
Schroder Investment Management Group
United Kingdom
$55M -$321K -4,088 -0.6%
GMI
57
Greystone Managed Investments
Saskatchewan, Canada
$54.4M -$22.8M -290,595 -30%
Two Sigma Investments
58
Two Sigma Investments
New York
$53.2M -$18.9M -240,316 -26%
OTPPB
59
Ontario Teachers' Pension Plan Board
Ontario, Canada
$52.9M +$2.36M +30,000 +5%
AQR Capital Management
60
AQR Capital Management
Connecticut
$51.1M +$6.83M +86,941 +16%
SAM
61
Scopus Asset Management
New York
$51.1M -$2.27M -28,900 -4%
SAM
62
Silvercrest Asset Management
New York
$49.7M -$1.25M -15,946 -2%
Morgan Stanley
63
Morgan Stanley
New York
$48.9M +$23.5M +299,374 +96%
PIC
64
PCJ Investment Counsel
Ontario, Canada
$47.4M -$21.9M -278,429 -32%
ESCM
65
Echo Street Capital Management
New York
$46.6M -$21M -267,008 -31%
UBS AM
66
UBS AM
Illinois
$45.4M +$3.07M +39,139 +7%
Invesco
67
Invesco
Georgia
$44.4M -$1.76M -22,468 -4%
OCAM
68
Onex Canada Asset Management
Ontario, Canada
$43.6M -$19.1M -243,250 -31%
EAM
69
Eventide Asset Management
Massachusetts
$41.2M
Bank of America
70
Bank of America
North Carolina
$40.5M +$7.83M +99,745 +24%
William Blair Investment Management
71
William Blair Investment Management
Illinois
$40.1M +$39.5M +503,320 New
EAM
72
EULAV Asset Management
Florida
$39.8M -$3.88M -49,400 -9%
Russell Investments Group
73
Russell Investments Group
United Kingdom
$39M +$7M +89,133 +22%
Goldman Sachs
74
Goldman Sachs
New York
$38.6M -$1.64M -20,912 -4%
Northern Trust
75
Northern Trust
Illinois
$38.1M +$1.36M +17,355 +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.