Waste Connections
604 hedge funds and large institutions have $29.7B invested in Waste Connections in 2022 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 216 increasing their positions, 204 reducing their positions, and 40 closing their positions.
254% more call options, than puts
Call options by funds: $26.2M | Put options by funds: $7.4M
123% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 40
6% more funds holding
Funds holding: 568 → 604 (+36)
6% more repeat investments, than reductions
Existing positions increased: 216 | Existing positions reduced: 204
2% more capital invested
Capital invested by funds: $29.3B → $29.7B (+$445M)
1.11% less ownership
Funds ownership: 88.49% → 87.38% (-1.1%)
4% less funds holding in top 10
Funds holding in top 10: 23 → 22 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$468M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$202M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$131M |
| 4 |
Morgan Stanley
New York
|
+$82.9M |
| 5 |
Goldman Sachs
New York
|
+$76.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$455M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$401M |
| 3 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$211M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$164M |
| 5 |
BlackRock
New York
|
-$107M |
WCN Hedge Fund Activity: Q4 2022 in Review
604 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2022, worth a combined $29.7B — up 1.5% from $29.3B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new WCN positions and 40 closed out — a net gain of 49 holders — while 216 added to existing stakes and 204 trimmed.
The largest buyer was Capital World Investors, adding an estimated $468M. The largest seller was Bank of Montreal, cutting an estimated $455M.
- 604 institutional investors held Waste Connections (WCN) as of Q4 2022, up from 568 in Q3 2022.
- Funds reported $29.7B of Waste Connections stock for Q4 2022, up 1.5% quarter-over-quarter.
- 89 funds opened new Waste Connections positions in Q4 2022 and 40 closed out, a net change of +49 holders.
- The largest Waste Connections buyer in Q4 2022 was Capital World Investors, an estimated $468M added.
- The largest Waste Connections seller in Q4 2022 was Bank of Montreal, an estimated $455M sold.
Based on aggregated 13F filings for Q4 2022.