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WCN

Waste Connections

337 hedge funds and large institutions have $10.9B invested in Waste Connections in 2016 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 114 increasing their positions, 129 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

202% more call options, than puts

Call options by funds: $10.4M | Put options by funds: $3.44M

17% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 35

4% more capital invested

Capital invested by funds: $10.5B → $10.9B (+$433M)

1% more funds holding

Funds holding: 334337 (+3)

0.67% more ownership

Funds ownership: 127.64%128.32% (+0.67%)

11% less funds holding in top 10

Funds holding in top 10: 1816 (-2)

12% less repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 129

Holders
337
Holders Change
+3
Holders Change %
+0.9%
% of All Funds
8.99%
Holding in Top 10
16
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.11%
% of All Funds
0.43%
New
41
Increased
114
Reduced
129
Closed
35
Calls
$10.4M
Puts
$3.44M
Net Calls
+$6.94M
Net Calls Change
-$43M
Name Holding Trade Value Shares
Change
Change in
Stake
BIT
76
BlackRock Institutional Trust
California
$25.3M +$2.29M +45,397 +10%
Northern Trust
77
Northern Trust
Illinois
$24.2M +$2.37M +47,092 +11%
SAM
78
Silvercrest Asset Management
New York
$23.1M +$876K +17,367 +4%
Ameriprise
79
Ameriprise
Minnesota
$22.8M -$3.02M -59,847 -12%
CCM
80
Copeland Capital Management
Pennsylvania
$22.2M +$8.36M +165,847 +59%
Neuberger Berman Group
81
Neuberger Berman Group
New York
$21.7M +$3.04M +60,241 +16%
UBS AM
82
UBS AM
Illinois
$21.5M +$1.23M +24,378 +6%
Deutsche Bank
83
Deutsche Bank
Germany
$20.6M -$11.4M -225,402 -35%
GI
84
GAMCO Investors
Connecticut
$20.5M -$1.78M -35,317 -8%
IIM
85
Intact Investment Management
Quebec, Canada
$19M +$4.22M +83,700 +40%
Bank of New York Mellon
86
Bank of New York Mellon
New York
$18.4M +$2.96M +58,721 +19%
GF
87
Gabelli Funds
New York
$18.3M +$85.2K +1,690 +0.5%
RJA
88
Raymond James & Associates
Florida
$17.8M +$4.63M +91,812 +35%
Morgan Stanley
89
Morgan Stanley
New York
$17.3M -$7.95M -157,692 -31%
BJ
90
BlackRock Japan
Japan
$16.9M +$5.14M +101,899 +43%
Zurich Cantonal Bank
91
Zurich Cantonal Bank
Switzerland
$15.3M +$10.7M +211,554 +221%
GIM
92
GCA Investment Management
New York
$15.2M
AQR Capital Management
93
AQR Capital Management
Connecticut
$14.7M +$328K +6,507 +2%
IGIM
94
I.G. Investment Management
Manitoba, Canada
$14.6M +$10.2M +201,750 +220%
WCA
95
Waratah Capital Advisors
Ontario, Canada
$14.3M -$3.42M -67,860 -19%
NFA
96
Nationwide Fund Advisors
Ohio
$13.5M +$2.35M +46,691 +21%
BCM
97
Barometer Capital Management
Ontario, Canada
$13.2M -$4.05M -80,256 -23%
State of Wisconsin Investment Board
98
State of Wisconsin Investment Board
Wisconsin
$12.9M -$8.04M -159,375 -38%
CCI
99
Columbus Circle Investors
$12.6M -$568K -11,256 -4%
KPF
100
K2 Principal Fund
Ontario, Canada
$12.3M +$2.8M +55,451 +29%

WCN Hedge Fund Activity: Q3 2016 in Review

337 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2016, worth a combined $10.9B — up 4.1% from $10.5B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new WCN positions and 35 closed out — a net gain of 6 holders — while 114 added to existing stakes and 129 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $142M. The largest seller was Dimensional Fund Advisors, cutting an estimated $99.5M.

  • 337 institutional investors held Waste Connections (WCN) as of Q3 2016, up from 334 in Q2 2016.
  • Funds reported $10.9B of Waste Connections stock for Q3 2016, up 4.1% quarter-over-quarter.
  • 41 funds opened new Waste Connections positions in Q3 2016 and 35 closed out, a net change of +6 holders.
  • The largest Waste Connections buyer in Q3 2016 was Royal Bank of Canada, an estimated $142M added.
  • The largest Waste Connections seller in Q3 2016 was Dimensional Fund Advisors, an estimated $99.5M sold.

Based on aggregated 13F filings for Q3 2016.