Waste Connections
418 hedge funds and large institutions have $17.7B invested in Waste Connections in 2018 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 143 increasing their positions, 155 reducing their positions, and 33 closing their positions.
527% more call options, than puts
Call options by funds: $3.5M | Put options by funds: $558K
12% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 33
6% more capital invested
Capital invested by funds: $16.7B → $17.7B (+$972M)
0% more funds holding
Funds holding: 418 → 418 (0)
0.14% less ownership
Funds ownership: 84.23% → 84.1% (-0.14%)
8% less repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 155
7% less funds holding in top 10
Funds holding in top 10: 14 → 13 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Ascend Capital
Orinda,
California
|
+$72.4M |
| 2 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$51.2M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$39.5M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$37.2M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$33.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$65.1M |
| 2 |
Canada Life
Winnipeg,
Manitoba, Canada
|
-$52.6M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$36.1M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$27.6M |
| 5 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
-$26.6M |
WCN Hedge Fund Activity: Q3 2018 in Review
418 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2018, worth a combined $17.7B — up 5.8% from $16.7B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new WCN positions and 33 closed out — a net gain of 4 holders — while 143 added to existing stakes and 155 trimmed.
The largest buyer was Ascend Capital, adding an estimated $72.4M. The largest seller was Citadel Advisors, cutting an estimated $65.1M.
- 418 institutional investors held Waste Connections (WCN) as of Q3 2018, unchanged from Q2 2018.
- Funds reported $17.7B of Waste Connections stock for Q3 2018, up 5.8% quarter-over-quarter.
- 37 funds opened new Waste Connections positions in Q3 2018 and 33 closed out, a net change of +4 holders.
- The largest Waste Connections buyer in Q3 2018 was Ascend Capital, an estimated $72.4M added.
- The largest Waste Connections seller in Q3 2018 was Citadel Advisors, an estimated $65.1M sold.
Based on aggregated 13F filings for Q3 2018.