We are live on ! Find out more
WCN

Waste Connections
WCN

441 hedge funds and large institutions have $20.4B invested in Waste Connections in 2019 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 155 increasing their positions, 143 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

138% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 29

77% more call options, than puts

Call options by funds: $13.3M | Put options by funds: $7.51M

7% more funds holding

Funds holding: 413 → 441 (+28)

8% more repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 143

0.02% more ownership

Funds ownership: 84.91% → 84.93% (+0.02%)

1% less capital invested

Capital invested by funds: $20.6B → $20.4B (-$242M)

43% less funds holding in top 10

Funds holding in top 10: 21 → 12 (-9)

Holders
441
Holders Change
+28
Holders Change %
+6.78%
% of All Funds
8.69%
Holding in Top 10
12
Holding in Top 10 Change
-9
Holding in Top 10 Change %
-42.86%
% of All Funds
0.24%
New
69
Increased
155
Reduced
143
Closed
29
Calls
$13.3M
Puts
$7.51M
Net Calls
+$5.78M
Net Calls Change
-$477K

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$243M
2
Deutsche Bank
Deutsche Bank
Germany
+$69.4M
3
Citadel Advisors
Citadel Advisors
Florida
+$45M
4
Renaissance Technologies
Renaissance Technologies
New York
+$43.2M
5
Neuberger Berman Group
Neuberger Berman Group
New York
+$41M

Top Sellers

Rank Fund Capital Flow
1
JP Morgan Chase
JP Morgan Chase
New York
-$199M
2
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$131M
3
Fidelity Investments
Fidelity Investments
Massachusetts
-$99M
4
Morgan Stanley
Morgan Stanley
New York
-$75.4M
5
Invesco
Invesco
Georgia
-$71.8M
Name Holding Trade Value Shares
Change 		Change in
Stake
RJA
76
Raymond James & Associates
Florida
$40.5M -$1.4M -15,449 -3%
RG
77
Rathbones Group
United Kingdom
$38.4M – – –
Ameriprise
78
Ameriprise
Minnesota
$38.1M -$42M -462,896 -52%
OCAM
79
Onex Canada Asset Management
Ontario, Canada
$37.2M -$18.8K -207 -0%
Two Sigma Advisers
80
Two Sigma Advisers
New York
$35.6M +$4.43M +48,800 +14%
IIM
81
Intact Investment Management
Quebec, Canada
$35.4M +$13.4M +147,600 +97%
AAMU
82
Amundi Asset Management US
Massachusetts
$34.4M +$1.23M +13,588 +4%
National Pension Service
83
National Pension Service
South Korea
$34.3M +$1.03M +11,374 +3%
EVM
84
Eaton Vance Management
Massachusetts
$32.8M -$291K -3,209 -0.9%
Millennium Management
85
Millennium Management
New York
$32.8M +$22M +242,785 +206%
OCM
86
Osterweis Capital Management
California
$31.9M +$48.1K +530 +0.2%
Invesco
87
Invesco
Georgia
$30.8M -$71.8M -791,081 -70%
GI
88
GAMCO Investors
Connecticut
$29.4M -$1.22M -13,477 -4%
UBS Group
89
UBS Group
Switzerland
$29.1M +$10.5M +115,843 +56%
Bank of New York Mellon
90
Bank of New York Mellon
New York
$28.6M -$1.81M -19,937 -6%
State of Tennessee, Department of Treasury
91
State of Tennessee, Department of Treasury
Tennessee
$28.1M -$684K -7,529 -3%
Public Sector Pension Investment Board (PSP Investments)
92
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$27.9M -$1.7M -18,700 -6%
QC
93
Quadrature Capital
United Kingdom
$25.8M +$26M +286,200 New
Balyasny Asset Management
94
Balyasny Asset Management
Illinois
$25.4M -$7.48M -82,405 -23%
Russell Investments Group
95
Russell Investments Group
United Kingdom
$24.7M -$10.1M -111,300 -29%
AC
96
Addenda Capital
Quebec, Canada
$24.5M +$3.88M +42,770 +19%
BFS
97
Baskin Financial Services
Ontario, Canada
$24.2M +$514K +5,655 +2%
AAM
98
Aureus Asset Management
Massachusetts
$24M +$246K +2,711 +1%
AIMCA
99
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$23M +$545K +6,000 +2%
CAM
100
Cidel Asset Management
Ontario, Canada
$22.5M +$614K +6,767 +3%
2 3
4
5 6

WCN Hedge Fund Activity: Q4 2019 in Review

441 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2019, worth a combined $20.4B — down 1.2% from $20.6B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new WCN positions and 29 closed out — a net gain of 40 holders — while 155 added to existing stakes and 143 trimmed.

The largest buyer was BlackRock, adding an estimated $243M. The largest seller was JP Morgan Chase, cutting an estimated $199M.

  • 441 institutional investors held Waste Connections (WCN) as of Q4 2019, up from 413 in Q3 2019.
  • Funds reported $20.4B of Waste Connections stock for Q4 2019, down 1.2% quarter-over-quarter.
  • 69 funds opened new Waste Connections positions in Q4 2019 and 29 closed out, a net change of +40 holders.
  • The largest Waste Connections buyer in Q4 2019 was BlackRock, an estimated $243M added.
  • The largest Waste Connections seller in Q4 2019 was JP Morgan Chase, an estimated $199M sold.

Based on aggregated 13F filings for Q4 2019.