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WCN

Waste Connections

607 hedge funds and large institutions have $30.4B invested in Waste Connections in 2023 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 256 increasing their positions, 195 reducing their positions, and 50 closing their positions.

New
Increased
Maintained
Reduced
Closed

479% more call options, than puts

Call options by funds: $21.6M | Put options by funds: $3.73M

31% more repeat investments, than reductions

Existing positions increased: 256 | Existing positions reduced: 195

12% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 50

0.65% more ownership

Funds ownership: 86.99%87.64% (+0.65%)

0% more funds holding

Funds holding: 606607 (+1)

0% more funds holding in top 10

Funds holding in top 10: 1818 (0)

5% less capital invested

Capital invested by funds: $32B → $30.4B (-$1.61B)

Holders
607
Holders Change
+1
Holders Change %
+0.17%
% of All Funds
9.63%
Holding in Top 10
18
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.29%
New
56
Increased
256
Reduced
195
Closed
50
Calls
$21.6M
Puts
$3.73M
Net Calls
+$17.9M
Net Calls Change
-$9.5M
Name Holding Trade Value Shares
Change
Change in
Stake
State of Tennessee, Department of Treasury
101
State of Tennessee, Department of Treasury
Tennessee
$38.8M +$3.51M +25,069 +10%
Invesco
102
Invesco
Georgia
$37.4M -$37.8M -270,085 -49%
AC
103
Addenda Capital
Quebec, Canada
$36.6M -$371K -2,654 -1%
Wells Fargo
104
Wells Fargo
California
$36M -$22.4K -160 -0.1%
Barclays
105
Barclays
United Kingdom
$35.6M -$3.12M -22,325 -8%
OCM
106
Osterweis Capital Management
California
$33.1M -$3.15M -22,548 -8%
FCM
107
Frontier Capital Management
Massachusetts
$33.1M -$34.7M -247,869 -50%
MFAM
108
Motley Fool Asset Management
Virginia
$32.6M +$16.5M +117,946 +94%
Mitsubishi UFJ Trust & Banking
109
Mitsubishi UFJ Trust & Banking
Japan
$32.6M +$352K +2,518 +1%
OCM
110
Oribel Capital Management
New York
$32.2M +$33.6M +240,100 New
CAM
111
Cidel Asset Management
Ontario, Canada
$31.8M +$1.81M +12,960 +6%
CC
112
Cartenna Capital
Connecticut
$30.9M +$32.2M +230,000 New
Korea Investment Corp
113
Korea Investment Corp
South Korea
$30.8M +$1.37M +9,815 +4%
Qube Research & Technologies (QRT)
114
Qube Research & Technologies (QRT)
United Kingdom
$30.6M +$3.42M +24,434 +12%
AAM
115
Aureus Asset Management
Massachusetts
$30.5M -$1.1M -7,865 -3%
Stifel Financial
116
Stifel Financial
Missouri
$30.4M -$299K -2,141 -0.9%
GF
117
Gabelli Funds
New York
$29.8M -$140K -1,000 -0.4%
CIBC Private Wealth Group
118
CIBC Private Wealth Group
Georgia
$29.6M -$106K -758 -0.3%
HP
119
Harvey Partners
New York
$29.2M +$1.26M +9,000 +4%
New York State Common Retirement Fund
120
New York State Common Retirement Fund
New York
$28.8M +$1.42M +10,179 +5%
PFM
121
Premier Fund Managers
United Kingdom
$28.8M -$5.6M -40,000 -16%
SC
122
Scotia Capital
Ontario, Canada
$28.5M +$2.14M +15,285 +8%
Natixis Advisors
123
Natixis Advisors
Massachusetts
$27.9M +$2.26M +16,146 +8%
AIMCA
124
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$27.5M -$14M -100,000 -33%
Point72 Asset Management
125
Point72 Asset Management
Connecticut
$27M +$600K +4,289 +2%

WCN Hedge Fund Activity: Q3 2023 in Review

607 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2023, worth a combined $30.4B — down 5% from $32B a quarter earlier.

Buyers outnumbered sellers: 56 funds opened new WCN positions and 50 closed out — a net gain of 6 holders — while 256 added to existing stakes and 195 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $269M. The largest seller was Fidelity Investments, cutting an estimated $417M.

  • 607 institutional investors held Waste Connections (WCN) as of Q3 2023, up from 606 in Q2 2023.
  • Funds reported $30.4B of Waste Connections stock for Q3 2023, down 5% quarter-over-quarter.
  • 56 funds opened new Waste Connections positions in Q3 2023 and 50 closed out, a net change of +6 holders.
  • The largest Waste Connections buyer in Q3 2023 was Royal Bank of Canada, an estimated $269M added.
  • The largest Waste Connections seller in Q3 2023 was Fidelity Investments, an estimated $417M sold.

Based on aggregated 13F filings for Q3 2023.