Waste Connections
737 hedge funds and large institutions have $37.9B invested in Waste Connections in 2024 Q4 according to their latest regulatory filings, with 82 funds opening new positions, 251 increasing their positions, 282 reducing their positions, and 64 closing their positions.
84% more call options, than puts
Call options by funds: $81.8M | Put options by funds: $44.5M
28% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 64
1% more funds holding
Funds holding: 730 → 737 (+7)
0% more funds holding in top 10
Funds holding in top 10: 19 → 19 (0)
0.33% less ownership
Funds ownership: 85.86% → 85.53% (-0.33%)
4% less capital invested
Capital invested by funds: $39.6B → $37.9B (-$1.71B)
11% less repeat investments, than reductions
Existing positions increased: 251 | Existing positions reduced: 282
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$412M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$163M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$83.1M |
| 4 |
Two Sigma Advisers
New York
|
+$67.5M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$64.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$337M |
| 2 |
BlackRock
New York
|
-$289M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
-$241M |
| 4 |
Goldman Sachs
New York
|
-$133M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$105M |
WCN Hedge Fund Activity: Q4 2024 in Review
737 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2024, worth a combined $37.9B — down 4.3% from $39.6B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new WCN positions and 64 closed out — a net gain of 18 holders — while 251 added to existing stakes and 282 trimmed.
The largest buyer was Fidelity International, adding an estimated $412M. The largest seller was Winslow Capital Management, exiting entirely with an estimated $337M sold.
- 737 institutional investors held Waste Connections (WCN) as of Q4 2024, up from 730 in Q3 2024.
- Funds reported $37.9B of Waste Connections stock for Q4 2024, down 4.3% quarter-over-quarter.
- 82 funds opened new Waste Connections positions in Q4 2024 and 64 closed out, a net change of +18 holders.
- The largest Waste Connections buyer in Q4 2024 was Fidelity International, an estimated $412M added.
- The largest Waste Connections seller in Q4 2024 was Winslow Capital Management, an estimated $337M sold.
Based on aggregated 13F filings for Q4 2024.