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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
RJFSA
201
Raymond James Financial Services Advisors
Florida
$2.88M +$339K +3,667 +13%
William Blair & Company
202
William Blair & Company
Illinois
$2.78M +$16.6K +180 +0.6%
LRPA
203
L. Roy Papp & Associates
Arizona
$2.77M
Hudson Bay Capital Management
204
Hudson Bay Capital Management
Connecticut
$2.76M +$2.77M +30,000 New
SM
205
Scoggin Management
New York
$2.76M +$2.77M +30,000 New
RIL
206
Rothschild Investment LLC
Illinois
$2.76M
II
207
IFM Investors
Australia
$2.67M +$953K +10,312 +55%
AC
208
Allstate Corporation
Illinois
$2.65M +$3.79K +41 +0.1%
EAMA
209
EFG Asset Management (Americas)
Florida
$2.53M +$37.6K +407 +2%
Aberdeen Group
210
Aberdeen Group
United Kingdom
$2.46M -$8.6K -93 -0.3%
SBH
211
Segall Bryant & Hamill
Illinois
$2.45M -$421K -4,556 -15%
OAM
212
Oppenheimer Asset Management
New York
$2.37M +$2.16M +23,326 +954%
CCM
213
Coe Capital Management
Illinois
$2.37M +$9.89K +107 +0.4%
Caisse de Depot et Placement du Quebec (CDPQ)
214
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$2.35M +$74K +800 +3%
CS
215
Candriam SCA
Luxembourg
$2.33M +$166K +1,790 +8%
Janney Montgomery Scott
216
Janney Montgomery Scott
Pennsylvania
$2.31M +$41.1K +445 +2%
RIM
217
Redpoint Investment Management
Australia
$2.3M +$57.4K +621 +3%
XK
218
Xact Kapitalforvaltning
Sweden
$2.23M
JG
219
Jefferies Group
New York
$2.19M +$1.23M +13,307 +126%
MME
220
Meag Munich Ergo
Germany
$2.17M
AllianceBernstein
221
AllianceBernstein
Tennessee
$2.17M +$8.32K +90 +0.4%
EGM
222
Engineers Gate Manager
New York
$2.11M +$2.12M +22,890 New
JWBC
223
J.W. Burns & Co
New York
$2.03M
LTFS
224
Ladenburg Thalmann Financial Services
Florida
$2.02M -$53.7K -581 -3%
Marshall Wace
225
Marshall Wace
United Kingdom
$2.01M +$2.02M +21,860 New

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.