We are live on ! Find out more
WCN

Waste Connections
WCN

794 hedge funds and large institutions have $34.8B invested in Waste Connections in 2026 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 264 increasing their positions, 304 reducing their positions, and 107 closing their positions.

New
Increased
Maintained
Reduced
Closed

151% more call options, than puts

Call options by funds: $68.2M | Put options by funds: $27.2M

35% more funds holding in top 10

Funds holding in top 10: 17 → 23 (+6)

1.7% less ownership

Funds ownership: 85.61% → 83.91% (-1.7%)

2% less funds holding

Funds holding: 813 → 794 (-19)

10% less capital invested

Capital invested by funds: $38.5B → $34.8B (-$3.66B)

10% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 107

13% less repeat investments, than reductions

Existing positions increased: 264 | Existing positions reduced: 304

Holders
794
Holders Change
-19
Holders Change %
-2.34%
% of All Funds
9.77%
Holding in Top 10
23
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+35.29%
% of All Funds
0.28%
New
96
Increased
264
Reduced
304
Closed
107
Calls
$68.2M
Puts
$27.2M
Net Calls
+$41.1M
Net Calls Change
+$12.8M

Top Buyers

1
Two Sigma Investments
Two Sigma Investments
New York
+$394M
2
Citadel Advisors
Citadel Advisors
Florida
+$347M
3
Goldman Sachs
Goldman Sachs
New York
+$302M
4
Impax Asset Management Group
Impax Asset Management Group
United Kingdom
+$273M
5
1832 Asset Management
1832 Asset Management
Ontario, Canada
+$244M

Top Sellers

1
WCM Investment Management
WCM Investment Management
California
-$402M
2
JP Morgan Chase
JP Morgan Chase
New York
-$381M
3
Fidelity Investments
Fidelity Investments
Massachusetts
-$217M
4
Capital International Investors
Capital International Investors
California
-$207M
5
Pictet Asset Management
Pictet Asset Management
Switzerland
-$197M
Name Holding Trade Value Shares
Change 		Change in
Stake
SWA
776
Strategic Wealth Advisors
Arizona
$2K – – –
BLC
777
Brown, Lisle/Cummings
Rhode Island
$1.84K – – –
CCWM
778
Cassaday & Co Wealth Management
Virginia
$1.78K +$1.83K +11 New
WAG
779
Wilkerson Advisory Group
Missouri
$1.62K +$1.67K +10 New
PWA
780
Physician Wealth Advisors
Utah
$1.46K -$18.3K -110 -92%
MCM
781
MV Capital Management
Maryland
$1.46K +$1K +6 +200%
SGFG
782
Silver Grove Financial Group
New York
$1.46K +$1.5K +9 New
WA
783
Westfuller Advisors
New York
$1.3K -$1.33K -8 -50%
ECA
784
Elevated Capital Advisors
Utah
$1.3K – – –
MAM
785
Marquette Asset Management
Minnesota
$1.14K -$4.83K -29 -81%
KFG
786
Kingdom Financial Group
Arizona
$1.14K +$1.17K +7 New
LAS
787
Lloyd Advisory Services
Georgia
$1.14K +$1.17K +7 New
CI
788
CX Institutional
Indiana
$1K – – –
GSWM
789
Golden State Wealth Management
California
$978 – – –
GWSA
790
Global Wealth Strategies & Associates
Colorado
$975 +$1K +6 New
FFO
791
Fortitude Family Office
Arizona
$812 – – –
IW
792
Imprint Wealth
South Carolina
$650 -$5K -30 -88%
RIAS
793
Rachor Investment Advisory Services
Michigan
$650 +$333 +2 +100%
GFA
794
Godfrey Financial Associates
New York
$487 – – –
Norges Bank
795
Norges Bank
Norway
– -$698M -3,977,490 Closed
Two Sigma Advisers
796
Two Sigma Advisers
New York
– -$267M -1,522,150 Closed
VG
797
Visualize Group
New York
– -$40.1M -228,759 Closed
Walleye Capital
798
Walleye Capital
New York
– -$19.7M -112,413 Closed
MSE
799
MUFG Securities EMEA
United Kingdom
– -$15.8M -90,000 Closed
GIM
800
Generate Investment Management
New Zealand
– -$11.7M -66,907 Closed
30 31
32
33 34

WCN Hedge Fund Activity: Q1 2026 in Review

794 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2026, worth a combined $34.8B — down 9.5% from $38.5B a quarter earlier.

Sellers outnumbered buyers: 107 funds closed out of WCN and 96 opened new positions — a net loss of 11 holders — while 304 trimmed existing stakes and 264 added.

The largest buyer was Two Sigma Investments, adding an estimated $394M. The largest seller was WCM Investment Management, cutting an estimated $402M.

  • 794 institutional investors held Waste Connections (WCN) as of Q1 2026, down from 813 in Q4 2025.
  • Funds reported $34.8B of Waste Connections stock for Q1 2026, down 9.5% quarter-over-quarter.
  • 96 funds opened new Waste Connections positions in Q1 2026 and 107 closed out, a net change of -11 holders.
  • The largest Waste Connections buyer in Q1 2026 was Two Sigma Investments, an estimated $394M added.
  • The largest Waste Connections seller in Q1 2026 was WCM Investment Management, an estimated $402M sold.

Based on aggregated 13F filings for Q1 2026.