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WCN

Waste Connections

413 hedge funds and large institutions have $20.6B invested in Waste Connections in 2019 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 159 increasing their positions, 136 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more call options, than puts

Call options by funds: $15.2M | Put options by funds: $8.9M

17% more repeat investments, than reductions

Existing positions increased: 159 | Existing positions reduced: 136

5% more funds holding in top 10

Funds holding in top 10: 2021 (+1)

9% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 44

1% more funds holding

Funds holding: 410413 (+3)

0.18% less ownership

Funds ownership: 85.09%84.91% (-0.18%)

4% less capital invested

Capital invested by funds: $21.4B → $20.6B (-$782M)

Holders
413
Holders Change
+3
Holders Change %
+0.73%
% of All Funds
9.06%
Holding in Top 10
21
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+5%
% of All Funds
0.46%
New
48
Increased
159
Reduced
136
Closed
44
Calls
$15.2M
Puts
$8.9M
Net Calls
+$6.25M
Net Calls Change
-$1.06M
Name Holding Trade Value Shares
Change
Change in
Stake
State of Wisconsin Investment Board
126
State of Wisconsin Investment Board
Wisconsin
$11.8M -$3.4M -36,786 -22%
WG
127
Winton Group
United Kingdom
$11.5M +$10.5M +113,782 +1,017%
MWNA
128
Marshall Wace North America
New York
$11.4M +$8.12M +87,808 +243%
New York State Common Retirement Fund
129
New York State Common Retirement Fund
New York
$11.3M
Franklin Resources
130
Franklin Resources
California
$11.2M +$2.15M +23,306 +24%
BCM
131
Brasada Capital Management
Texas
$11.1M +$383K +4,137 +4%
Axa
132
Axa
France
$11.1M +$4.33M +46,864 +64%
Millennium Management
133
Millennium Management
New York
$10.9M -$10.2M -110,455 -48%
DILIC
134
Dai-ichi Life Insurance Company
Japan
$10.7M +$435K +4,705 +4%
PPA
135
Parametric Portfolio Associates
Washington
$10.7M -$1.87M -20,209 -15%
VRS
136
Virginia Retirement Systems
Virginia
$10.5M
Voloridge Investment Management
137
Voloridge Investment Management
Florida
$9.78M +$7.22M +78,035 +276%
TIA
138
Tandem Investment Advisors
South Carolina
$9.71M -$2.81M -30,340 -22%
Jennison Associates
139
Jennison Associates
New York
$9.56M +$3.07M +33,247 +47%
AII
140
AGF Investments Inc
Ontario, Canada
$9.24M +$3.25M +35,126 +54%
CC
141
Caldera Capital
Texas
$8.79M -$9.22M -99,705 -51%
CCM
142
Copeland Capital Management
Pennsylvania
$8.43M +$3.47M +37,550 +69%
BONST
143
Bank of Nova Scotia Trust
Ontario, Canada
$8.31M -$256K -2,770 -3%
FAF
144
Fjarde Ap-fonden
Sweden
$8.18M +$10.4K +113 +0.1%
BNP Paribas Financial Markets
145
BNP Paribas Financial Markets
France
$8.1M +$1.15M +12,402 +16%
HSBC Holdings
146
HSBC Holdings
United Kingdom
$8.09M +$719K +7,771 +13%
DWA
147
Dorsey Wright & Associates
California
$8.01M -$121K -1,310 -1%
BPIM
148
Brant Point Investment Management
New York
$7.96M -$925K -10,000 -10%
SLAM
149
Swiss Life Asset Management
$7.82M -$919K -9,944 -10%
ACI
150
AMP Capital Investors
Australia
$7.81M -$19.5K -211 -0.2%

WCN Hedge Fund Activity: Q3 2019 in Review

413 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2019, worth a combined $20.6B — down 3.7% from $21.4B a quarter earlier.

Buyers outnumbered sellers: 48 funds opened new WCN positions and 44 closed out — a net gain of 4 holders — while 159 added to existing stakes and 136 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $112M. The largest seller was T. Rowe Price Associates, cutting an estimated $376M.

  • 413 institutional investors held Waste Connections (WCN) as of Q3 2019, up from 410 in Q2 2019.
  • Funds reported $20.6B of Waste Connections stock for Q3 2019, down 3.7% quarter-over-quarter.
  • 48 funds opened new Waste Connections positions in Q3 2019 and 44 closed out, a net change of +4 holders.
  • The largest Waste Connections buyer in Q3 2019 was Bank of Montreal, an estimated $112M added.
  • The largest Waste Connections seller in Q3 2019 was T. Rowe Price Associates, an estimated $376M sold.

Based on aggregated 13F filings for Q3 2019.