Waste Connections
241 hedge funds and large institutions have $5.38B invested in Waste Connections in 2013 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 97 increasing their positions, 79 reducing their positions, and 7 closing their positions.
271% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 7
23% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 79
13% more capital invested
Capital invested by funds: $4.74B → $5.38B (+$639M)
8% more funds holding
Funds holding: 223 → 241 (+18)
3.95% more ownership
Funds ownership: 140.08% → 144.04% (+4%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$95.6M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$71.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$37.7M |
| 4 |
SCM
Sandler Capital Management
New York
|
+$23.2M |
| 5 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$20.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$41.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$39.9M |
| 3 |
Jennison Associates
New York
|
-$28.3M |
| 4 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$24.3M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.2M |
WCN Hedge Fund Activity: Q3 2013 in Review
241 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2013, worth a combined $5.38B — up 13% from $4.74B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new WCN positions and 7 closed out — a net gain of 19 holders — while 97 added to existing stakes and 79 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $95.6M. The largest seller was RS Investment Management, cutting an estimated $41.7M.
- 241 institutional investors held Waste Connections (WCN) as of Q3 2013, up from 223 in Q2 2013.
- Funds reported $5.38B of Waste Connections stock for Q3 2013, up 13% quarter-over-quarter.
- 26 funds opened new Waste Connections positions in Q3 2013 and 7 closed out, a net change of +19 holders.
- The largest Waste Connections buyer in Q3 2013 was OppenheimerFunds, an estimated $95.6M added.
- The largest Waste Connections seller in Q3 2013 was RS Investment Management, an estimated $41.7M sold.
Based on aggregated 13F filings for Q3 2013.