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WCN

Waste Connections

358 hedge funds and large institutions have $15.7B invested in Waste Connections in 2017 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 122 increasing their positions, 144 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more capital invested

Capital invested by funds: $14.5B → $15.7B (+$1.25B)

0.37% more ownership

Funds ownership: 84.65%85.01% (+0.37%)

2% less funds holding

Funds holding: 367358 (-9)

15% less repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 144

18% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 34

26% less funds holding in top 10

Funds holding in top 10: 1914 (-5)

33% less call options, than puts

Call options by funds: $2.68M | Put options by funds: $4.02M

Holders
358
Holders Change
-9
Holders Change %
-2.45%
% of All Funds
8.93%
Holding in Top 10
14
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-26.32%
% of All Funds
0.35%
New
28
Increased
122
Reduced
144
Closed
34
Calls
$2.68M
Puts
$4.02M
Net Calls
-$1.33M
Net Calls Change
-$476K
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
126
Parametric Portfolio Associates
Washington
$8.1M +$374K +5,667 +5%
Millennium Management
127
Millennium Management
New York
$7.63M -$26.3M -398,872 -79%
PI
128
Putnam Investments
Massachusetts
$7.22M -$74.8M -1,132,303 -92%
New York State Common Retirement Fund
129
New York State Common Retirement Fund
New York
$7.17M -$242K -3,667 -3%
BPIM
130
Brant Point Investment Management
New York
$7.09M -$3.15M -47,700 -32%
PMAM
131
Picton Mahoney Asset Management
Ontario, Canada
$7.05M -$132K -2,000 -2%
SB
132
Suntrust Banks
Georgia
$6.78M -$628K -9,507 -9%
SC
133
Scotia Capital
Ontario, Canada
$6.77M -$14.1K -214 -0.2%
UBS Group
134
UBS Group
Switzerland
$6.41M -$3.9M -59,069 -39%
TIA
135
Tandem Investment Advisors
South Carolina
$6.38M -$262K -3,959 -4%
TCM
136
Talara Capital Management
New Jersey
$6.37M -$5.78M -87,458 -49%
SAM
137
Sentinel Asset Management
Vermont
$5.89M
Citadel Advisors
138
Citadel Advisors
Florida
$5.85M +$5.21M +78,825 +1,628%
SCM
139
Sterling Capital Management
North Carolina
$5.77M -$325K -4,914 -6%
PNC Financial Services Group
140
PNC Financial Services Group
Pennsylvania
$5.74M -$46.2K -700 -0.8%
GIBU
141
Gulf International Bank (UK)
United Kingdom
$5.64M
CM
142
Crestline Management
Texas
$5.6M +$165K +2,500 +3%
Geode Capital Management
143
Geode Capital Management
Massachusetts
$5.51M +$2.11M +31,931 +66%
DWA
144
Dorsey Wright & Associates
California
$5.4M +$543K +8,225 +12%
FAM
145
Fred Alger Management
New York
$5.3M -$595K -9,005 -11%
Stifel Financial
146
Stifel Financial
Missouri
$5.11M +$116K +1,753 +2%
AAF
147
Andra AP-fonden
Sweden
$4.61M +$1.96M +29,650 +82%
D.E. Shaw & Co
148
D.E. Shaw & Co
New York
$4.5M +$729K +11,035 +21%
KeyBank National Association
149
KeyBank National Association
Ohio
$4.42M -$271K -4,110 -6%
SLAM
150
Swiss Life Asset Management
$4.15M +$594K +8,986 +18%

WCN Hedge Fund Activity: Q3 2017 in Review

358 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2017, worth a combined $15.7B — up 8.6% from $14.5B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of WCN and 28 opened new positions — a net loss of 6 holders — while 144 trimmed existing stakes and 122 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $180M. The largest seller was Putnam Investments, cutting an estimated $74.8M.

  • 358 institutional investors held Waste Connections (WCN) as of Q3 2017, down from 367 in Q2 2017.
  • Funds reported $15.7B of Waste Connections stock for Q3 2017, up 8.6% quarter-over-quarter.
  • 28 funds opened new Waste Connections positions in Q3 2017 and 34 closed out, a net change of -6 holders.
  • The largest Waste Connections buyer in Q3 2017 was T. Rowe Price Associates, an estimated $180M added.
  • The largest Waste Connections seller in Q3 2017 was Putnam Investments, an estimated $74.8M sold.

Based on aggregated 13F filings for Q3 2017.