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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
State of Tennessee, Department of Treasury
101
State of Tennessee, Department of Treasury
Tennessee
$25.7M -$347K -3,413 -1%
Principal Financial Group
102
Principal Financial Group
Iowa
$25.7M -$2.83M -27,831 -10%
Dimensional Fund Advisors
103
Dimensional Fund Advisors
Texas
$25.2M -$105K -1,037 -0.4%
WBC
104
Westpac Banking Corp
Australia
$24.2M +$932K +9,180 +5%
AAMU
105
Amundi Asset Management US
Massachusetts
$23M -$1.78M -17,516 -8%
Stifel Financial
106
Stifel Financial
Missouri
$22.5M +$717K +7,061 +4%
JAM
107
Jupiter Asset Management
United Kingdom
$22.1M -$264K -2,599 -1%
AIMCA
108
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$21.2M -$5.49M -54,034 -22%
GCC
109
Guardian Capital (Canada)
Ontario, Canada
$20.9M -$1.62M -15,947 -9%
Russell Investments Group
110
Russell Investments Group
United Kingdom
$20.3M +$11.2M +110,615 +144%
Citigroup
111
Citigroup
New York
$19.5M +$9.55M +94,041 +108%
CAM
112
Cidel Asset Management
Ontario, Canada
$19.2M +$280K +2,761 +2%
TIA
113
Tandem Investment Advisors
South Carolina
$19M +$1.09M +10,765 +7%
Canada Life
114
Canada Life
Manitoba, Canada
$18.3M -$163M -1,606,073 -90%
Barclays
115
Barclays
United Kingdom
$18M +$393K +3,869 +2%
CI Investments Inc
116
CI Investments Inc
Ontario, Canada
$17M +$15.5M +152,570 +2,892%
QC
117
Quadrature Capital
United Kingdom
$17M +$8.68M +85,500 +118%
State of New Jersey Common Pension Fund D
118
State of New Jersey Common Pension Fund D
New Jersey
$17M -$1.26M -12,454 -7%
WCA
119
Waratah Capital Advisors
Ontario, Canada
$17M +$12.2M +119,801 +320%
RJFSA
120
Raymond James Financial Services Advisors
Florida
$16.8M +$4.2M +41,321 +36%
MFAM
121
Motley Fool Asset Management
Virginia
$16.7M +$15.7M +155,000 New
CS
122
Candriam SCA
Luxembourg
$16.6M +$102 +1 +0%
Thrivent Financial for Lutherans
123
Thrivent Financial for Lutherans
Minnesota
$16M -$6.48M -63,755 -30%
SC
124
Scotia Capital
Ontario, Canada
$15.9M +$987K +9,717 +7%
Asset Management One
125
Asset Management One
Japan
$15.7M -$569K -5,601 -4%

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.