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WCN

Waste Connections

604 hedge funds and large institutions have $29.7B invested in Waste Connections in 2022 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 216 increasing their positions, 204 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

254% more call options, than puts

Call options by funds: $26.2M | Put options by funds: $7.4M

123% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 40

6% more funds holding

Funds holding: 568604 (+36)

6% more repeat investments, than reductions

Existing positions increased: 216 | Existing positions reduced: 204

2% more capital invested

Capital invested by funds: $29.3B → $29.7B (+$445M)

1.11% less ownership

Funds ownership: 88.49%87.38% (-1.1%)

4% less funds holding in top 10

Funds holding in top 10: 2322 (-1)

Holders
604
Holders Change
+36
Holders Change %
+6.34%
% of All Funds
9.71%
Holding in Top 10
22
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.35%
% of All Funds
0.35%
New
89
Increased
216
Reduced
204
Closed
40
Calls
$26.2M
Puts
$7.4M
Net Calls
+$18.8M
Net Calls Change
-$10.6M
Name Holding Trade Value Shares
Change
Change in
Stake
PI
51
Putnam Investments
Massachusetts
$110M -$11.3M -82,955 -9%
Deutsche Bank
52
Deutsche Bank
Germany
$107M +$764K +5,615 +0.7%
EAM
53
Eventide Asset Management
Massachusetts
$107M +$192K +1,413 +0.2%
Sumitomo Mitsui Trust Group
54
Sumitomo Mitsui Trust Group
Japan
$105M -$1.53M -11,268 -1%
TG
55
TCW Group
California
$102M -$3.68M -27,035 -3%
Allspring Global Investments
56
Allspring Global Investments
North Carolina
$99.9M -$12.6M -92,797 -11%
Axa
57
Axa
France
$98.6M -$31.9M -234,825 -24%
ESCM
58
Echo Street Capital Management
New York
$97M -$55.6M -408,536 -36%
APG Asset Management
59
APG Asset Management
Netherlands
$96.6M +$1.72M +12,649 +2%
UBS AM
60
UBS AM
Illinois
$89.8M +$977K +7,184 +1%
RG
61
Rathbones Group
United Kingdom
$89.5M +$2.18K +16 +0%
Renaissance Technologies
62
Renaissance Technologies
New York
$84.3M +$19.4M +142,600 +29%
SAM
63
Silvercrest Asset Management
New York
$80.9M -$914K -6,720 -1%
Franklin Resources
64
Franklin Resources
California
$79.1M -$19.4M -142,897 -19%
EPFB
65
Employees Provident Fund Board
Malaysia
$78.2M -$5.66M -41,624 -7%
Point72 Asset Management
66
Point72 Asset Management
Connecticut
$74.5M +$76.3M +560,991 +64,556%
AM
67
AGF Management
Ontario, Canada
$74.3M +$76.2M +560,320 New
BCIM
68
British Columbia Investment Management
British Columbia, Canada
$73.9M +$27.7M +203,679 +58%
Ameriprise
69
Ameriprise
Minnesota
$70.8M -$3.61M -26,531 -6%
CS
70
Candriam SCA
Luxembourg
$70.7M -$374K -2,748 -0.5%
FCM
71
Frontier Capital Management
Massachusetts
$69.8M -$3.88M -28,552 -5%
Bank of New York Mellon
72
Bank of New York Mellon
New York
$65M +$153K +1,122 +0.2%
SAM
73
Storebrand Asset Management
Norway
$64.6M -$8.72M -64,078 -12%
CGPCS
74
Capital Group Private Client Services
California
$62.4M -$19.7K -145 -0%
Amundi
75
Amundi
France
$62.1M +$7.43M +54,657 +13%

WCN Hedge Fund Activity: Q4 2022 in Review

604 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2022, worth a combined $29.7B — up 1.5% from $29.3B a quarter earlier.

Buyers outnumbered sellers: 89 funds opened new WCN positions and 40 closed out — a net gain of 49 holders — while 216 added to existing stakes and 204 trimmed.

The largest buyer was Capital World Investors, adding an estimated $468M. The largest seller was Bank of Montreal, cutting an estimated $455M.

  • 604 institutional investors held Waste Connections (WCN) as of Q4 2022, up from 568 in Q3 2022.
  • Funds reported $29.7B of Waste Connections stock for Q4 2022, up 1.5% quarter-over-quarter.
  • 89 funds opened new Waste Connections positions in Q4 2022 and 40 closed out, a net change of +49 holders.
  • The largest Waste Connections buyer in Q4 2022 was Capital World Investors, an estimated $468M added.
  • The largest Waste Connections seller in Q4 2022 was Bank of Montreal, an estimated $455M sold.

Based on aggregated 13F filings for Q4 2022.