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WCN

Waste Connections

464 hedge funds and large institutions have $23.4B invested in Waste Connections in 2021 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 185 increasing their positions, 152 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more repeat investments, than reductions

Existing positions increased: 185 | Existing positions reduced: 152

5% more capital invested

Capital invested by funds: $22.3B → $23.4B (+$1.12B)

5% more call options, than puts

Call options by funds: $11.7M | Put options by funds: $11.1M

0.23% less ownership

Funds ownership: 82.23%82% (-0.23%)

4% less funds holding

Funds holding: 485464 (-21)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

25% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 61

Holders
464
Holders Change
-21
Holders Change %
-4.33%
% of All Funds
8.15%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.11%
New
46
Increased
185
Reduced
152
Closed
61
Calls
$11.7M
Puts
$11.1M
Net Calls
+$602K
Net Calls Change
-$6.61M
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
76
Storebrand Asset Management
Norway
$43.3M +$4.13M +40,711 +11%
Ameriprise
77
Ameriprise
Minnesota
$43.1M -$1.43M -14,091 -3%
Bank of America
78
Bank of America
North Carolina
$39.7M -$10.3M -101,699 -22%
National Pension Service
79
National Pension Service
South Korea
$39.5M -$3.18M -31,318 -8%
EVM
80
Eaton Vance Management
Massachusetts
$37.8M +$3.93M +38,647 +12%
PFM
81
Premier Fund Managers
United Kingdom
$37.5M +$6.7M +66,000 +23%
Ensign Peak Advisors
82
Ensign Peak Advisors
Utah
$36.4M +$455K +4,484 +1%
OCM
83
Osterweis Capital Management
California
$34.4M +$108K +1,060 +0.3%
Voloridge Investment Management
84
Voloridge Investment Management
Florida
$34.1M +$17.7M +174,071 +123%
CS
85
Credit Suisse
Switzerland
$33.8M +$31.1M +306,083 +4,397%
BFS
86
Baskin Financial Services
Ontario, Canada
$33.6M +$1.03M +10,174 +3%
JCM
87
Junto Capital Management
New York
$33M +$31M +305,207 New
UBS Group
88
UBS Group
Switzerland
$32.8M +$761K +7,494 +3%
Arrowstreet Capital
89
Arrowstreet Capital
Massachusetts
$32.7M +$30.1M +296,234 +4,629%
Bank of New York Mellon
90
Bank of New York Mellon
New York
$31.9M -$5.14M -50,612 -15%
AC
91
Addenda Capital
Quebec, Canada
$31.4M
Public Sector Pension Investment Board (PSP Investments)
92
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$31.3M +$2.16M +21,295 +8%
AAM
93
Aureus Asset Management
Massachusetts
$31.1M +$957K +9,418 +3%
Assenagon Asset Management
94
Assenagon Asset Management
Luxembourg
$30M +$15.9M +156,683 +130%
OCAM
95
Onex Canada Asset Management
Ontario, Canada
$29.9M +$13.2M +130,427 +89%
Baird Financial Group
96
Baird Financial Group
Wisconsin
$29.8M +$927K +9,127 +3%
Mitsubishi UFJ Trust & Banking
97
Mitsubishi UFJ Trust & Banking
Japan
$29.1M -$6M -59,113 -18%
GI
98
GAMCO Investors
Connecticut
$28.7M +$2.48M +24,449 +10%
ClearBridge Investments
99
ClearBridge Investments
New York
$27.7M -$129K -1,270 -0.5%
GF
100
Gabelli Funds
New York
$26.5M +$1.17M +11,554 +5%

WCN Hedge Fund Activity: Q1 2021 in Review

464 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2021, worth a combined $23.4B — up 5% from $22.3B a quarter earlier.

Sellers outnumbered buyers: 61 funds closed out of WCN and 46 opened new positions — a net loss of 15 holders — while 152 trimmed existing stakes and 185 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $800M. The largest seller was Fidelity Investments, cutting an estimated $240M.

  • 464 institutional investors held Waste Connections (WCN) as of Q1 2021, down from 485 in Q4 2020.
  • Funds reported $23.4B of Waste Connections stock for Q1 2021, up 5% quarter-over-quarter.
  • 46 funds opened new Waste Connections positions in Q1 2021 and 61 closed out, a net change of -15 holders.
  • The largest Waste Connections buyer in Q1 2021 was T. Rowe Price Associates, an estimated $800M added.
  • The largest Waste Connections seller in Q1 2021 was Fidelity Investments, an estimated $240M sold.

Based on aggregated 13F filings for Q1 2021.