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WCN

Waste Connections

604 hedge funds and large institutions have $29.7B invested in Waste Connections in 2022 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 216 increasing their positions, 204 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

254% more call options, than puts

Call options by funds: $26.2M | Put options by funds: $7.4M

123% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 40

6% more funds holding

Funds holding: 568604 (+36)

6% more repeat investments, than reductions

Existing positions increased: 216 | Existing positions reduced: 204

2% more capital invested

Capital invested by funds: $29.3B → $29.7B (+$445M)

1.11% less ownership

Funds ownership: 88.49%87.38% (-1.1%)

4% less funds holding in top 10

Funds holding in top 10: 2322 (-1)

Holders
604
Holders Change
+36
Holders Change %
+6.34%
% of All Funds
9.71%
Holding in Top 10
22
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.35%
% of All Funds
0.35%
New
89
Increased
216
Reduced
204
Closed
40
Calls
$26.2M
Puts
$7.4M
Net Calls
+$18.8M
Net Calls Change
-$10.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Balyasny Asset Management
76
Balyasny Asset Management
Illinois
$62M +$63.7M +467,992 New
DekaBank Deutsche Girozentrale
77
DekaBank Deutsche Girozentrale
Germany
$61.9M -$6.6M -48,544 -9%
BNP Paribas Asset Management
78
BNP Paribas Asset Management
France
$60.5M +$8.82M +64,882 +17%
BNP Paribas Financial Markets
79
BNP Paribas Financial Markets
France
$60.3M +$35.4M +259,928 +133%
BAMCO Inc
80
BAMCO Inc
New York
$59.7M
RMDI
81
R.M. Davis Inc
Maine
$58.5M -$1.41M -10,373 -2%
AIMCA
82
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$56.1M -$1.7M -12,500 -3%
CS
83
Credit Suisse
Switzerland
$53.3M -$1.36M -10,009 -2%
UBS Group
84
UBS Group
Switzerland
$52.7M +$16.1M +118,723 +43%
RJA
85
Raymond James & Associates
Florida
$52.1M -$738K -5,428 -1%
CI Investments Inc
86
CI Investments Inc
Ontario, Canada
$51.5M -$640K -4,707 -1%
PFM
87
Premier Fund Managers
United Kingdom
$51.1M
National Pension Service
88
National Pension Service
South Korea
$51M +$1.84M +13,504 +4%
Ensign Peak Advisors
89
Ensign Peak Advisors
Utah
$49.5M -$6.08M -44,701 -11%
Envestnet Asset Management
90
Envestnet Asset Management
Illinois
$49.4M +$17.2M +126,126 +51%
DZ Bank
91
DZ Bank
Germany
$48.9M -$3.48M -25,579 -6%
Arrowstreet Capital
92
Arrowstreet Capital
Massachusetts
$48.4M +$21.9M +160,746 +79%
Westfield Capital Management
93
Westfield Capital Management
Massachusetts
$47.5M +$520K +3,822 +1%
Janus Henderson Group
94
Janus Henderson Group
United Kingdom
$43.7M -$55.4M -407,373 -55%
TPM
95
Triasima Portfolio Management
Quebec, Canada
$43.5M +$8.54M +62,802 +24%
Aviva
96
Aviva
United Kingdom
$43.2M +$10.4M +76,389 +31%
Canada Pension Plan Investment Board
97
Canada Pension Plan Investment Board
Ontario, Canada
$42.3M -$1.99M -14,600 -4%
California State Teachers Retirement System (CalSTRS)
98
California State Teachers Retirement System (CalSTRS)
California
$41.9M +$613K +4,505 +1%
BFS
99
Baskin Financial Services
Ontario, Canada
$41.5M -$311K -2,283 -0.7%
Baird Financial Group
100
Baird Financial Group
Wisconsin
$40.7M -$1.83M -13,482 -4%

WCN Hedge Fund Activity: Q4 2022 in Review

604 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2022, worth a combined $29.7B — up 1.5% from $29.3B a quarter earlier.

Buyers outnumbered sellers: 89 funds opened new WCN positions and 40 closed out — a net gain of 49 holders — while 216 added to existing stakes and 204 trimmed.

The largest buyer was Capital World Investors, adding an estimated $468M. The largest seller was Bank of Montreal, cutting an estimated $455M.

  • 604 institutional investors held Waste Connections (WCN) as of Q4 2022, up from 568 in Q3 2022.
  • Funds reported $29.7B of Waste Connections stock for Q4 2022, up 1.5% quarter-over-quarter.
  • 89 funds opened new Waste Connections positions in Q4 2022 and 40 closed out, a net change of +49 holders.
  • The largest Waste Connections buyer in Q4 2022 was Capital World Investors, an estimated $468M added.
  • The largest Waste Connections seller in Q4 2022 was Bank of Montreal, an estimated $455M sold.

Based on aggregated 13F filings for Q4 2022.