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WCN

Waste Connections

413 hedge funds and large institutions have $20.6B invested in Waste Connections in 2019 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 159 increasing their positions, 136 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $15.2M | Put options by funds: $8.9M

17% more repeat investments, than reductions

Existing positions increased: 159 | Existing positions reduced: 136

5% more funds holding in top 10

Funds holding in top 10: 2021 (+1)

9% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 44

1% more funds holding

Funds holding: 410413 (+3)

0.18% less ownership

Funds ownership: 85.09%84.91% (-0.18%)

4% less capital invested

Capital invested by funds: $21.4B → $20.6B (-$782M)

Holders
413
Holders Change
+3
Holders Change %
+0.73%
% of All Funds
9.06%
Holding in Top 10
21
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5%
% of All Funds
0.46%
New
48
Increased
159
Reduced
136
Closed
44
Calls
$15.2M
Puts
$8.9M
Net Calls
+$6.25M
Net Calls Change
-$1.06M
Name Holding Trade Value Shares
Change
Change in
Stake
GF
101
Gabelli Funds
New York
$22.3M -$2.1M -22,750 -9%
CAM
102
Cidel Asset Management
Ontario, Canada
$22.2M +$62.6K +677 +0.3%
WBC
103
Westpac Banking Corp
Australia
$21.6M +$20.1M +217,167 New
Principal Financial Group
104
Principal Financial Group
Iowa
$21.2M -$43.2K -467 -0.2%
AC
105
Addenda Capital
Quebec, Canada
$20.8M -$206K -2,228 -1%
State of New Jersey Common Pension Fund D
106
State of New Jersey Common Pension Fund D
New Jersey
$20.2M +$20.3M +219,700 New
IMPI
107
Ilmarinen Mutual Pension Insurance
Finland
$19M +$19.1M +207,000 New
UBS Group
108
UBS Group
Switzerland
$18.9M -$1.74M -18,793 -8%
JAM
109
Jupiter Asset Management
United Kingdom
$18.7M
FAM
110
Fred Alger Management
New York
$18.6M +$5.68M +61,445 +44%
IIM
111
Intact Investment Management
Quebec, Canada
$18.6M +$675K +7,300 +5%
KB
112
Kimelman & Baird
New York
$18.5M -$408K -4,412 -2%
SAM
113
Scopus Asset Management
New York
$17.8M +$964K +10,423 +6%
SC
114
Scotia Capital
Ontario, Canada
$17M +$455K +4,923 +3%
Stifel Financial
115
Stifel Financial
Missouri
$16.5M +$1.65M +17,894 +11%
William Blair Investment Management
116
William Blair Investment Management
Illinois
$16.4M +$107K +1,160 +0.7%
Canada Pension Plan Investment Board
117
Canada Pension Plan Investment Board
Ontario, Canada
$15.8M +$3M +32,470 +23%
Asset Management One
118
Asset Management One
Japan
$15.8M +$1.52M +16,491 +11%
Daiwa Securities Group
119
Daiwa Securities Group
Japan
$15.2M +$2.34M +25,312 +18%
Allianz Asset Management
120
Allianz Asset Management
Germany
$14.3M +$113K +1,222 +0.8%
PP
121
Prudential plc
United Kingdom
$13.7M -$45.2K -489 -0.3%
Geode Capital Management
122
Geode Capital Management
Massachusetts
$13.7M -$62.9K -680 -0.5%
Man Group
123
Man Group
United Kingdom
$13.2M +$350K +3,786 +3%
SM
124
Saya Management
New York
$13.1M +$2.07M +22,400 +19%
AIA
125
AGF Investments America
Ontario, Canada
$13.1M +$3.33K +36 +0%

WCN Hedge Fund Activity: Q3 2019 in Review

413 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2019, worth a combined $20.6B — down 3.7% from $21.4B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new WCN positions and 44 closed out — a net gain of 4 holders — while 159 added to existing stakes and 136 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $112M. The largest seller was T. Rowe Price Associates, cutting an estimated $376M.

  • 413 institutional investors held Waste Connections (WCN) as of Q3 2019, up from 410 in Q2 2019.
  • Funds reported $20.6B of Waste Connections stock for Q3 2019, down 3.7% quarter-over-quarter.
  • 48 funds opened new Waste Connections positions in Q3 2019 and 44 closed out, a net change of +4 holders.
  • The largest Waste Connections buyer in Q3 2019 was Bank of Montreal, an estimated $112M added.
  • The largest Waste Connections seller in Q3 2019 was T. Rowe Price Associates, an estimated $376M sold.

Based on aggregated 13F filings for Q3 2019.