Waste Connections
274 hedge funds and large institutions have $5.63B invested in Waste Connections in 2014 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 93 increasing their positions, 109 reducing their positions, and 19 closing their positions.
1,406% more call options, than puts
Call options by funds: $738K | Put options by funds: $49K
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
1% more funds holding
Funds holding: 270 → 274 (+4)
3% less capital invested
Capital invested by funds: $5.8B → $5.63B (-$165M)
3.95% less ownership
Funds ownership: 144.47% → 140.52% (-4%)
15% less repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$27.2M |
| 2 |
RIM
Rainier Investment Management
Seattle,
Washington
|
+$23.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$20.8M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
+$17.6M |
| 5 |
VAM
Visium Asset Management
New York
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$139M |
| 2 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
-$32M |
| 3 |
State Street
Boston,
Massachusetts
|
-$20.4M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
-$14.3M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$13.7M |
WCN Hedge Fund Activity: Q3 2014 in Review
274 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2014, worth a combined $5.63B — down 2.8% from $5.8B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new WCN positions and 19 closed out — a net gain of 8 holders — while 93 added to existing stakes and 109 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $27.2M. The largest seller was Norges Bank, cutting an estimated $139M.
- 274 institutional investors held Waste Connections (WCN) as of Q3 2014, up from 270 in Q2 2014.
- Funds reported $5.63B of Waste Connections stock for Q3 2014, down 2.8% quarter-over-quarter.
- 27 funds opened new Waste Connections positions in Q3 2014 and 19 closed out, a net change of +8 holders.
- The largest Waste Connections buyer in Q3 2014 was Capital International Investors, an estimated $27.2M added.
- The largest Waste Connections seller in Q3 2014 was Norges Bank, an estimated $139M sold.
Based on aggregated 13F filings for Q3 2014.