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WCN

Waste Connections

464 hedge funds and large institutions have $23.4B invested in Waste Connections in 2021 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 185 increasing their positions, 152 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more repeat investments, than reductions

Existing positions increased: 185 | Existing positions reduced: 152

5% more capital invested

Capital invested by funds: $22.3B → $23.4B (+$1.12B)

5% more call options, than puts

Call options by funds: $11.7M | Put options by funds: $11.1M

0.23% less ownership

Funds ownership: 82.23%82% (-0.23%)

4% less funds holding

Funds holding: 485464 (-21)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

25% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 61

Holders
464
Holders Change
-21
Holders Change %
-4.33%
% of All Funds
8.15%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.11%
New
46
Increased
185
Reduced
152
Closed
61
Calls
$11.7M
Puts
$11.1M
Net Calls
+$602K
Net Calls Change
-$6.61M
Name Holding Trade Value Shares
Change
Change in
Stake
AII
51
AGF Investments Inc
Ontario, Canada
$92.5M -$41.1M -404,550 -32%
EAM
52
Eventide Asset Management
Massachusetts
$86.8M
OTPPB
53
Ontario Teachers' Pension Plan Board
Ontario, Canada
$85.7M
BAMCO Inc
54
BAMCO Inc
New York
$81M
Morgan Stanley
55
Morgan Stanley
New York
$75.9M -$777K -7,646 -1%
UBS AM
56
UBS AM
Illinois
$75.5M -$30.7M -302,732 -30%
Two Sigma Investments
57
Two Sigma Investments
New York
$72.8M +$899K +8,849 +1%
SAM
58
Silvercrest Asset Management
New York
$70.6M +$2.23M +21,932 +3%
RG
59
Rathbones Group
United Kingdom
$63.2M +$353K +3,479 +0.6%
Northern Trust
60
Northern Trust
Illinois
$61M +$3.97M +39,079 +7%
SGM
61
Skye Global Management
Florida
$59.2M +$17.1M +168,000 +44%
SCM
62
Snyder Capital Management
California
$58.1M +$2.05M +20,226 +4%
CBT
63
Capital Bank & Trust
California
$57.4M -$41.1M -404,707 -43%
Axa
64
Axa
France
$57.1M +$31.4M +308,687 +140%
FCM
65
Frontier Capital Management
Massachusetts
$56.6M +$6.58M +64,782 +14%
RMDI
66
R.M. Davis Inc
Maine
$54.8M -$236K -2,327 -0.5%
EAM
67
EULAV Asset Management
Florida
$54.3M -$9.14M -90,000 -15%
D.E. Shaw & Co
68
D.E. Shaw & Co
New York
$54.2M +$9.05M +89,068 +22%
CII
69
Capital International Inc
California
$52.2M -$6.18M -60,887 -11%
RJA
70
Raymond James & Associates
Florida
$50.8M +$4.72M +46,511 +11%
Balyasny Asset Management
71
Balyasny Asset Management
Illinois
$47.8M +$45M +443,072 New
Westfield Capital Management
72
Westfield Capital Management
Massachusetts
$46.8M +$18.4M +181,468 +72%
GCM
73
Galibier Capital Management
Ontario, Canada
$45.8M +$3.35M +32,981 +8%
Janus Henderson Group
74
Janus Henderson Group
United Kingdom
$44.2M -$5.97M -58,770 -13%
Two Sigma Advisers
75
Two Sigma Advisers
New York
$44M +$25.1M +246,911 +154%

WCN Hedge Fund Activity: Q1 2021 in Review

464 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2021, worth a combined $23.4B — up 5% from $22.3B a quarter earlier.

Sellers outnumbered buyers: 61 funds closed out of WCN and 46 opened new positions — a net loss of 15 holders — while 152 trimmed existing stakes and 185 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $800M. The largest seller was Fidelity Investments, cutting an estimated $240M.

  • 464 institutional investors held Waste Connections (WCN) as of Q1 2021, down from 485 in Q4 2020.
  • Funds reported $23.4B of Waste Connections stock for Q1 2021, up 5% quarter-over-quarter.
  • 46 funds opened new Waste Connections positions in Q1 2021 and 61 closed out, a net change of -15 holders.
  • The largest Waste Connections buyer in Q1 2021 was T. Rowe Price Associates, an estimated $800M added.
  • The largest Waste Connections seller in Q1 2021 was Fidelity Investments, an estimated $240M sold.

Based on aggregated 13F filings for Q1 2021.