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WCN

Waste Connections

274 hedge funds and large institutions have $5.63B invested in Waste Connections in 2014 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 93 increasing their positions, 109 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,406% more call options, than puts

Call options by funds: $738K | Put options by funds: $49K

42% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 19

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

1% more funds holding

Funds holding: 270274 (+4)

3% less capital invested

Capital invested by funds: $5.8B → $5.63B (-$165M)

3.95% less ownership

Funds ownership: 144.47%140.52% (-4%)

15% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 109

Holders
274
Holders Change
+4
Holders Change %
+1.48%
% of All Funds
7.95%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.23%
New
27
Increased
93
Reduced
109
Closed
19
Calls
$738K
Puts
$49K
Net Calls
+$689K
Net Calls Change
+$636K
Name Holding Trade Value Shares
Change
Change in
Stake
SAM
101
Steinberg Asset Management
New York
$6.94M -$1.46K -45 -0%
Susquehanna International Group
102
Susquehanna International Group
Pennsylvania
$6.33M +$901K +27,767 +17%
Swiss National Bank
103
Swiss National Bank
Switzerland
$6.28M -$122K -3,750 -2%
TRSOTSOK
104
Teachers Retirement System of the State of Kentucky
Kentucky
$6.09M
Fidelity International
105
Fidelity International
Bermuda
$5.55M -$413K -12,742 -7%
TPSF
106
Texas Permanent School Fund
Texas
$5.46M -$621K -19,137 -10%
MLICM
107
Metropolitan Life Insurance Company (MetLife)
New York
$5.22M +$40.7K +1,253 +0.8%
Ohio Public Employees Retirement System (OPERS)
108
Ohio Public Employees Retirement System (OPERS)
Ohio
$5.07M -$202K -6,236 -4%
Lazard Asset Management
109
Lazard Asset Management
New York
$5.05M +$10.1K +312 +0.2%
AllianceBernstein
110
AllianceBernstein
Tennessee
$5.04M -$76.4K -2,355 -1%
TA
111
Teachers Advisors
New York
$5.04M +$784K +24,167 +18%
Neuberger Berman Group
112
Neuberger Berman Group
New York
$4.99M -$684K -21,092 -12%
ERSOT
113
Employees Retirement System of Texas
Texas
$4.44M
Comerica Bank
114
Comerica Bank
Texas
$4.34M +$82.1K +2,529 +2%
Canada Life
115
Canada Life
Manitoba, Canada
$4.29M -$276K -8,501 -6%
PPA
116
Parametric Portfolio Associates
Washington
$4.23M +$943K +29,070 +29%
FA
117
Friess Associates
Delaware
$3.97M
SCM
118
Sterling Capital Management
North Carolina
$3.92M -$252K -7,774 -6%
ASRS
119
Arizona State Retirement System
Arizona
$3.79M -$146K -4,500 -4%
MOACM
120
Mutual of America Capital Management
New York
$3.77M +$52.3K +1,611 +1%
Federated Hermes
121
Federated Hermes
Pennsylvania
$3.76M +$34K +1,048 +0.9%
CS
122
Credit Suisse
Switzerland
$3.71M -$2.33M -71,969 -39%
SI
123
Sentry Investments
Ontario, Canada
$3.48M +$292K +9,000 +9%
PNC Financial Services Group
124
PNC Financial Services Group
Pennsylvania
$3.35M -$101K -3,111 -3%
Citadel Advisors
125
Citadel Advisors
Florida
$3.16M +$2.64M +81,318 +493%

WCN Hedge Fund Activity: Q3 2014 in Review

274 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2014, worth a combined $5.63B — down 2.8% from $5.8B a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new WCN positions and 19 closed out — a net gain of 8 holders — while 93 added to existing stakes and 109 trimmed.

The largest buyer was Capital International Investors, opening a new position worth an estimated $27.2M. The largest seller was Norges Bank, cutting an estimated $139M.

  • 274 institutional investors held Waste Connections (WCN) as of Q3 2014, up from 270 in Q2 2014.
  • Funds reported $5.63B of Waste Connections stock for Q3 2014, down 2.8% quarter-over-quarter.
  • 27 funds opened new Waste Connections positions in Q3 2014 and 19 closed out, a net change of +8 holders.
  • The largest Waste Connections buyer in Q3 2014 was Capital International Investors, an estimated $27.2M added.
  • The largest Waste Connections seller in Q3 2014 was Norges Bank, an estimated $139M sold.

Based on aggregated 13F filings for Q3 2014.