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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
D.E. Shaw & Co
101
D.E. Shaw & Co
New York
$39.3M +$1.98M +14,571 +5%
AC
102
Addenda Capital
Quebec, Canada
$38.1M -$697K -5,127 -2%
State of Tennessee, Department of Treasury
103
State of Tennessee, Department of Treasury
Tennessee
$37.2M -$4.29M -31,532 -10%
FAM
104
Fred Alger Management
New York
$36.8M +$80.4K +591 +0.2%
TIA
105
Tandem Investment Advisors
South Carolina
$36.6M +$2.94M +21,627 +8%
Wells Fargo
106
Wells Fargo
California
$35.2M -$8.77M -64,474 -20%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
107
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$34.5M +$23.5M +173,000 +199%
AAM
108
Aureus Asset Management
Massachusetts
$34.2M -$557K -4,097 -2%
OCM
109
Osterweis Capital Management
California
$33.9M +$156K +1,150 +0.5%
Two Sigma Investments
110
Two Sigma Investments
New York
$33.8M +$22.3M +163,652 +180%
Qube Research & Technologies (QRT)
111
Qube Research & Technologies (QRT)
United Kingdom
$33.6M +$30.4M +223,796 +762%
Russell Investments Group
112
Russell Investments Group
United Kingdom
$33.4M -$3.67M -26,951 -10%
Mitsubishi UFJ Trust & Banking
113
Mitsubishi UFJ Trust & Banking
Japan
$33M +$8.87M +65,192 +35%
Stifel Financial
114
Stifel Financial
Missouri
$32.2M +$2.73M +20,081 +9%
GI
115
GAMCO Investors
Connecticut
$32.1M -$468K -3,438 -1%
CAM
116
Cidel Asset Management
Ontario, Canada
$31M +$3.54M +26,044 +13%
GF
117
Gabelli Funds
New York
$29.9M -$544K -4,000 -2%
ZIG
118
Zurich Insurance Group
Switzerland
$29.7M -$10.3M -75,747 -25%
OCAM
119
Onex Canada Asset Management
Ontario, Canada
$29.4M -$5.69M -41,832 -16%
Daiwa Securities Group
120
Daiwa Securities Group
Japan
$29.1M +$3.31M +24,341 +12%
Citigroup
121
Citigroup
New York
$29M +$3.64M +26,771 +14%
JAM
122
Jupiter Asset Management
United Kingdom
$28.9M +$1.88M +13,811 +7%
Barclays
123
Barclays
United Kingdom
$27.4M +$9.52M +69,972 +51%
New York State Common Retirement Fund
124
New York State Common Retirement Fund
New York
$27.1M -$2.95M -21,654 -10%
SEI Investments
125
SEI Investments
Pennsylvania
$27M +$3.02M +22,226 +12%

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.