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WCN

Waste Connections

338 hedge funds and large institutions have $12.1B invested in Waste Connections in 2016 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 112 increasing their positions, 120 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more funds holding in top 10

Funds holding in top 10: 1618 (+2)

11% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 44

11% more capital invested

Capital invested by funds: $10.9B → $12.1B (+$1.18B)

2.78% more ownership

Funds ownership: 128.32%131.1% (+2.8%)

0% more funds holding

Funds holding: 337338 (+1)

7% less repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 120

68% less call options, than puts

Call options by funds: $8.18M | Put options by funds: $25.6M

Holders
338
Holders Change
+1
Holders Change %
+0.3%
% of All Funds
8.45%
Holding in Top 10
18
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+12.5%
% of All Funds
0.45%
New
49
Increased
112
Reduced
120
Closed
44
Calls
$8.18M
Puts
$25.6M
Net Calls
-$17.4M
Net Calls Change
-$24.3M
Name Holding Trade Value Shares
Change
Change in
Stake
WCA
101
Waratah Capital Advisors
Ontario, Canada
$14M -$977K -19,332 -7%
APG Asset Management
102
APG Asset Management
Netherlands
$13.9M +$9.17M +181,500 +184%
EAM
103
Eventide Asset Management
Massachusetts
$13.8M +$13.3M +262,500 New
KPF
104
K2 Principal Fund
Ontario, Canada
$13.6M +$661K +13,093 +5%
Morgan Stanley
105
Morgan Stanley
New York
$13.6M -$4.48M -88,596 -25%
BFS
106
Baskin Financial Services
Ontario, Canada
$12.9M +$37.9K +750 +0.3%
BCM
107
Barometer Capital Management
Ontario, Canada
$12.3M -$1.52M -30,148 -11%
AC
108
Addenda Capital
Quebec, Canada
$11.8M -$572K -11,329 -5%
KB
109
Kimelman & Baird
New York
$11.7M +$11.3M +223,740 New
Marshall Wace
110
Marshall Wace
United Kingdom
$11.6M +$8.69M +172,033 +348%
IGIM
111
I.G. Investment Management
Manitoba, Canada
$11.6M -$3.63M -71,933 -25%
BlackRock
112
BlackRock
New York
$10.9M +$2.93M +58,013 +38%
SEI Investments
113
SEI Investments
Pennsylvania
$10.9M +$5.79M +114,558 +122%
JAM
114
Jupiter Asset Management
United Kingdom
$10.6M
Deutsche Bank
115
Deutsche Bank
Germany
$10.4M -$10.9M -215,768 -52%
TCM
116
Talara Capital Management
New Jersey
$10.2M +$9.84M +194,859 New
Toronto Dominion Bank
117
Toronto Dominion Bank
Ontario, Canada
$9.83M -$2.76M -54,693 -23%
SM
118
Scoggin Management
New York
$9.43M +$9.09M +180,000 New
State of Wisconsin Investment Board
119
State of Wisconsin Investment Board
Wisconsin
$9.07M -$4.31M -85,242 -33%
Aviva
120
Aviva
United Kingdom
$9.04M +$755K +14,940 +9%
RIM
121
Rainier Investment Management
Washington
$8.44M +$8.14M +161,070 New
State of Tennessee, Department of Treasury
122
State of Tennessee, Department of Treasury
Tennessee
$8.17M
BA
123
BlackRock Advisors
Delaware
$8.14M +$531K +10,517 +7%
OTPPB
124
Ontario Teachers' Pension Plan Board
Ontario, Canada
$8M +$7.72M +152,717 New
AIA
125
AGF Investments America
Ontario, Canada
$7.79M +$750K +14,843 +11%

WCN Hedge Fund Activity: Q4 2016 in Review

338 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2016, worth a combined $12.1B — up 11% from $10.9B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new WCN positions and 44 closed out — a net gain of 5 holders — while 112 added to existing stakes and 120 trimmed.

The largest buyer was 1832 Asset Management, adding an estimated $351M. The largest seller was Maverick Capital, cutting an estimated $91.2M.

  • 338 institutional investors held Waste Connections (WCN) as of Q4 2016, up from 337 in Q3 2016.
  • Funds reported $12.1B of Waste Connections stock for Q4 2016, up 11% quarter-over-quarter.
  • 49 funds opened new Waste Connections positions in Q4 2016 and 44 closed out, a net change of +5 holders.
  • The largest Waste Connections buyer in Q4 2016 was 1832 Asset Management, an estimated $351M added.
  • The largest Waste Connections seller in Q4 2016 was Maverick Capital, an estimated $91.2M sold.

Based on aggregated 13F filings for Q4 2016.