Waste Connections
281 hedge funds and large institutions have $6.6B invested in Waste Connections in 2015 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 99 increasing their positions, 105 reducing their positions, and 25 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
44% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 25
23% more call options, than puts
Call options by funds: $674K | Put options by funds: $548K
15% more capital invested
Capital invested by funds: $5.74B → $6.6B (+$861M)
4% more funds holding
Funds holding: 271 → 281 (+10)
0.08% less ownership
Funds ownership: 144.09% → 144.02% (-0.08%)
6% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 105
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
+$85.4M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$51.3M |
| 3 |
JP Morgan Chase
New York
|
+$37.1M |
| 4 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$31.8M |
| 5 |
Capital International Investors
Los Angeles,
California
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
-$49.9M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$31.4M |
| 3 |
Renaissance Technologies
New York
|
-$28M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$25.5M |
| 5 |
HCM
Hoplite Capital Management
New York
|
-$22.2M |
WCN Hedge Fund Activity: Q4 2015 in Review
281 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2015, worth a combined $6.6B — up 15% from $5.74B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new WCN positions and 25 closed out — a net gain of 11 holders — while 99 added to existing stakes and 105 trimmed.
The largest buyer was Maverick Capital, adding an estimated $85.4M. The largest seller was Epoch Investment Partners, cutting an estimated $49.9M.
- 281 institutional investors held Waste Connections (WCN) as of Q4 2015, up from 271 in Q3 2015.
- Funds reported $6.6B of Waste Connections stock for Q4 2015, up 15% quarter-over-quarter.
- 36 funds opened new Waste Connections positions in Q4 2015 and 25 closed out, a net change of +11 holders.
- The largest Waste Connections buyer in Q4 2015 was Maverick Capital, an estimated $85.4M added.
- The largest Waste Connections seller in Q4 2015 was Epoch Investment Partners, an estimated $49.9M sold.
Based on aggregated 13F filings for Q4 2015.