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WCN

Waste Connections

464 hedge funds and large institutions have $23.4B invested in Waste Connections in 2021 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 185 increasing their positions, 152 reducing their positions, and 61 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% more repeat investments, than reductions

Existing positions increased: 185 | Existing positions reduced: 152

5% more capital invested

Capital invested by funds: $22.3B → $23.4B (+$1.12B)

5% more call options, than puts

Call options by funds: $11.7M | Put options by funds: $11.1M

0.23% less ownership

Funds ownership: 82.23%82% (-0.23%)

4% less funds holding

Funds holding: 485464 (-21)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

25% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 61

Holders
464
Holders Change
-21
Holders Change %
-4.33%
% of All Funds
8.15%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.11%
New
46
Increased
185
Reduced
152
Closed
61
Calls
$11.7M
Puts
$11.1M
Net Calls
+$602K
Net Calls Change
-$6.61M
Name Holding Trade Value Shares
Change
Change in
Stake
PPA
126
Parametric Portfolio Associates
Washington
$15.2M +$609K +5,992 +4%
MSC
127
MUFG Securities (Canada)
New York
$15.1M -$11.3K -111 -0.1%
BNP Paribas Financial Markets
128
BNP Paribas Financial Markets
France
$14.9M +$1.28M +12,636 +10%
BRC
129
Bishop Rock Capital
New York
$14.9M +$14M +137,919 New
BCM
130
Brasada Capital Management
Texas
$13.6M +$521K +5,129 +4%
SAM
131
Shell Asset Management
Netherlands
$13.4M -$59.8K -589 -0.5%
Korea Investment Corp
132
Korea Investment Corp
South Korea
$13.2M -$538K -5,300 -4%
Schroder Investment Management Group
133
Schroder Investment Management Group
United Kingdom
$12.5M +$2.31M +22,698 +25%
DekaBank Deutsche Girozentrale
134
DekaBank Deutsche Girozentrale
Germany
$12.5M +$747K +7,351 +7%
Natixis Advisors
135
Natixis Advisors
Massachusetts
$12.2M -$308K -3,032 -3%
SLAM
136
Swiss Life Asset Management
$11.5M +$895K +8,814 +9%
BONST
137
Bank of Nova Scotia Trust
Ontario, Canada
$11.4M +$1.01M +9,973 +10%
ACI
138
AMP Capital Investors
Australia
$11.2M +$1.34M +13,173 +15%
SEI Investments
139
SEI Investments
Pennsylvania
$11.1M -$2.22M -21,862 -17%
FAM
140
Fred Alger Management
New York
$10.6M -$109M -1,074,454 -92%
HSBC Holdings
141
HSBC Holdings
United Kingdom
$10.4M -$3.17M -31,228 -24%
State of Wisconsin Investment Board
142
State of Wisconsin Investment Board
Wisconsin
$9.57M -$459K -4,516 -5%
AAF
143
Andra AP-fonden
Sweden
$9.56M +$142K +1,400 +2%
Aviva
144
Aviva
United Kingdom
$9.5M +$98.8K +973 +1%
Envestnet Asset Management
145
Envestnet Asset Management
Illinois
$9.48M +$2.03M +20,016 +30%
Zurich Cantonal Bank
146
Zurich Cantonal Bank
Switzerland
$9.26M +$1.48M +14,543 +20%
SCM
147
Sirios Capital Management
Massachusetts
$9.23M -$1.07M -10,515 -11%
GIA
148
Gateway Investment Advisers
Ohio
$9.21M -$887K -8,732 -9%
Truist Financial
149
Truist Financial
North Carolina
$9.21M -$5.55M -54,665 -39%
FDCDDQ
150
Federation des caisses Desjardins du Quebec
Quebec, Canada
$8.93M +$1.62M +15,965 +24%

WCN Hedge Fund Activity: Q1 2021 in Review

464 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2021, worth a combined $23.4B — up 5% from $22.3B a quarter earlier.

Sellers outnumbered buyers: 61 funds closed out of WCN and 46 opened new positions — a net loss of 15 holders — while 152 trimmed existing stakes and 185 added.

The largest buyer was T. Rowe Price Associates, adding an estimated $800M. The largest seller was Fidelity Investments, cutting an estimated $240M.

  • 464 institutional investors held Waste Connections (WCN) as of Q1 2021, down from 485 in Q4 2020.
  • Funds reported $23.4B of Waste Connections stock for Q1 2021, up 5% quarter-over-quarter.
  • 46 funds opened new Waste Connections positions in Q1 2021 and 61 closed out, a net change of -15 holders.
  • The largest Waste Connections buyer in Q1 2021 was T. Rowe Price Associates, an estimated $800M added.
  • The largest Waste Connections seller in Q1 2021 was Fidelity Investments, an estimated $240M sold.

Based on aggregated 13F filings for Q1 2021.