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WCN

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.

New
Increased
Maintained
Reduced
Closed

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: 568604 (+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: 2322 (-1)

Holders
604
Holders Change
+36
Holders Change %
+6.34%
% of All Funds
9.71%
Holding in Top 10
22
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-4.35%
% of All Funds
0.35%
New
89
Increased
216
Reduced
204
Closed
40
Calls
$26.2M
Puts
$7.4M
Net Calls
+$18.8M
Net Calls Change
-$10.6M
Name Holding Trade Value Shares
Change
Change in
Stake
BGDI
201
BW Gestao de Investimentos
Brazil
$7.25M -$2.06M -15,152 -22%
Truist Financial
202
Truist Financial
North Carolina
$7.18M +$521K +3,829 +8%
JF
203
Jump Financial
Illinois
$7.04M +$269K +1,977 +4%
KJHP
204
K.J. Harrison & Partners
Ontario, Canada
$7.01M +$4.76M +34,998 +856%
IAIM
205
Industrial Alliance Investment Management
Quebec, Canada
$6.96M +$2.14M +15,720 +43%
VMPIC
206
Varma Mutual Pension Insurance Co
Finland
$6.7M -$4.55M -33,466 -40%
II
207
IFM Investors
Australia
$6.63M +$858K +6,310 +14%
IMPI
208
Ilmarinen Mutual Pension Insurance
Finland
$6.63M
RPI
209
Railway Pension Investments
United Kingdom
$6.46M
CF
210
Centaurus Financial
California
$6.33M -$1.05M -7,749 -14%
CIM
211
Contravisory Investment Management
Massachusetts
$6.08M +$221K +1,626 +4%
PG
212
Pendal Group
Australia
$5.96M +$983K +7,227 +19%
CRC
213
Catawba River Capital
South Carolina
$5.94M -$5.44K -40 -0.1%
MFS
214
Mirabella Financial Services
United Kingdom
$5.77M -$154K -1,134 -3%
GIBU
215
Gulf International Bank (UK)
United Kingdom
$5.64M
Nordea Investment Management
216
Nordea Investment Management
Sweden
$5.6M +$2.72M +19,973 +89%
BPIM
217
Brant Point Investment Management
New York
$5.56M -$180K -1,321 -3%
GI
218
Gradient Investments
Minnesota
$5.55M -$449K -3,298 -7%
Swedbank
219
Swedbank
Sweden
$5.54M +$4.1M +30,141 +259%
Millennium Management
220
Millennium Management
New York
$5.5M +$3.39M +24,911 +150%
Public Employees Retirement Association of Colorado
221
Public Employees Retirement Association of Colorado
Colorado
$5.35M -$13.7K -101 -0.2%
Principal Financial Group
222
Principal Financial Group
Iowa
$5.33M +$4.76K +35 +0.1%
Jane Street
223
Jane Street
New York
$5.25M -$6.81M -50,075 -56%
RCM
224
Ravenstone Capital Management
$5.24M +$13.6K +100 +0.3%
SAM
225
Shell Asset Management
Netherlands
$5.12M -$842K -6,194 -14%

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.