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WCN

Waste Connections

418 hedge funds and large institutions have $16.7B invested in Waste Connections in 2018 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 149 increasing their positions, 136 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

139% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 23

7% more funds holding

Funds holding: 389418 (+29)

10% more repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 136

3% more capital invested

Capital invested by funds: $16.2B → $16.7B (+$479M)

1.35% less ownership

Funds ownership: 85.58%84.23% (-1.3%)

13% less funds holding in top 10

Funds holding in top 10: 1614 (-2)

85% less call options, than puts

Call options by funds: $3.88M | Put options by funds: $25.2M

Holders
418
Holders Change
+29
Holders Change %
+7.46%
% of All Funds
9.57%
Holding in Top 10
14
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-12.5%
% of All Funds
0.32%
New
55
Increased
149
Reduced
136
Closed
23
Calls
$3.88M
Puts
$25.2M
Net Calls
-$21.4M
Net Calls Change
-$23.1M
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
76
Raymond James & Associates
Florida
$32.5M +$199K +2,657 +0.6%
GI
77
GAMCO Investors
Connecticut
$31.2M -$1.1M -14,662 -3%
EPFB
78
Employees Provident Fund Board
Malaysia
$31.2M +$1.49M +19,942 +7%
Bank of America
79
Bank of America
North Carolina
$30.7M -$5.47M -73,129 -15%
Principal Financial Group
80
Principal Financial Group
Iowa
$30.2M -$4.9M -65,607 -14%
Russell Investments Group
81
Russell Investments Group
United Kingdom
$30.1M -$33.9M -453,223 -53%
Neuberger Berman Group
82
Neuberger Berman Group
New York
$30M -$1.65M -22,008 -5%
AIMCA
83
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$28.9M +$5.74M +76,800 +36%
Millennium Management
84
Millennium Management
New York
$28.3M -$20.2M -270,336 -42%
ORI
85
Oak Ridge Investments
Illinois
$27.8M -$1.13M -15,143 -4%
SCM
86
Snyder Capital Management
California
$27.4M +$1.57M +20,982 +6%
RG
87
Rathbones Group
United Kingdom
$27M +$25.9M +347,000 +2,919%
Ameriprise
88
Ameriprise
Minnesota
$26.1M +$152K +2,027 +0.6%
State of Tennessee, Department of Treasury
89
State of Tennessee, Department of Treasury
Tennessee
$26M +$3.68M +49,268 +17%
N
90
Nuveen
North Carolina
$25.6M +$4.47M +59,834 +21%
OCM
91
Osterweis Capital Management
California
$25.6M +$396K +5,295 +2%
Bank of New York Mellon
92
Bank of New York Mellon
New York
$25.4M +$190K +2,539 +0.8%
Mackenzie Financial
93
Mackenzie Financial
Ontario, Canada
$24.1M +$13.6M +182,200 +132%
Morgan Stanley
94
Morgan Stanley
New York
$23.6M -$1.97M -26,388 -8%
WCA
95
Waratah Capital Advisors
Ontario, Canada
$23.3M +$15.8M +210,858 +214%
GF
96
Gabelli Funds
New York
$23.2M -$4.27M -57,147 -16%
APG Asset Management
97
APG Asset Management
Netherlands
$22.4M -$426K -5,700 -2%
Bessemer Group
98
Bessemer Group
New Jersey
$21.5M -$180K -2,406 -0.9%
National Pension Service
99
National Pension Service
South Korea
$20.7M +$229K +3,067 +1%
AC
100
Addenda Capital
Quebec, Canada
$20.2M -$648K -8,674 -3%

WCN Hedge Fund Activity: Q2 2018 in Review

418 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q2 2018, worth a combined $16.7B — up 3% from $16.2B a quarter earlier.

Buyers outnumbered sellers: 55 funds opened new WCN positions and 23 closed out — a net gain of 32 holders — while 149 added to existing stakes and 136 trimmed.

The largest buyer was Fidelity International, opening a new position worth an estimated $286M. The largest seller was Fidelity Investments, cutting an estimated $239M.

  • 418 institutional investors held Waste Connections (WCN) as of Q2 2018, up from 389 in Q1 2018.
  • Funds reported $16.7B of Waste Connections stock for Q2 2018, up 3% quarter-over-quarter.
  • 55 funds opened new Waste Connections positions in Q2 2018 and 23 closed out, a net change of +32 holders.
  • The largest Waste Connections buyer in Q2 2018 was Fidelity International, an estimated $286M added.
  • The largest Waste Connections seller in Q2 2018 was Fidelity Investments, an estimated $239M sold.

Based on aggregated 13F filings for Q2 2018.