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WCN

Waste Connections

337 hedge funds and large institutions have $7.87B invested in Waste Connections in 2016 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 119 increasing their positions, 100 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

336% more call options, than puts

Call options by funds: $3.01M | Put options by funds: $690K

207% more first-time investments, than exits

New positions opened: 83 | Existing positions closed: 27

20% more funds holding

Funds holding: 281337 (+56)

19% more capital invested

Capital invested by funds: $6.6B → $7.87B (+$1.27B)

19% more repeat investments, than reductions

Existing positions increased: 119 | Existing positions reduced: 100

7.18% more ownership

Funds ownership: 144.02%151.19% (+7.2%)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

Holders
337
Holders Change
+56
Holders Change %
+19.93%
% of All Funds
8.98%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.29%
New
83
Increased
119
Reduced
100
Closed
27
Calls
$3.01M
Puts
$690K
Net Calls
+$2.32M
Net Calls Change
+$2.19M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$936M +$48.3M +1,197,873 +6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$565M +$23.1M +573,318 +5%
JP Morgan Chase
3
JP Morgan Chase
New York
$522M +$102M +2,529,042 +26%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$345M +$56.3M +1,397,742 +21%
Artisan Partners
5
Artisan Partners
Wisconsin
$325M +$16.5M +410,397 +6%
BFA
6
BlackRock Fund Advisors
California
$269M -$1.94M -48,127 -0.8%
State Street
7
State Street
Massachusetts
$239M +$39.6M +982,315 +21%
BIT
8
BlackRock Institutional Trust
California
$235M +$6.21M +154,142 +3%
EAM
9
Eagle Asset Management
Florida
$223M -$3.01M -74,612 -1%
FPP
10
Findlay Park Partners
United Kingdom
$208M -$27.9M -693,372 -13%
Wells Fargo
11
Wells Fargo
California
$169M -$13.8M -341,910 -8%
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$168M -$1.1M -27,359 -0.7%
O
13
OppenheimerFunds
New York
$168M +$31.3M +776,586 +25%
Norges Bank
14
Norges Bank
Norway
$164M +$6.96M +172,809 +5%
BAMCO Inc
15
BAMCO Inc
New York
$139M
ORI
16
Oak Ridge Investments
Illinois
$110M -$1.81M -44,881 -2%
Invesco
17
Invesco
Georgia
$98.6M +$38.3M +950,748 +71%
WA
18
Wasatch Advisors
Utah
$94.5M -$12.8M -318,849 -13%
Capital World Investors
19
Capital World Investors
California
$89.5M +$28.4M +705,000 +51%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$86.3M +$4.65M +115,473 +6%
CGT
21
Capital Guardian Trust
California
$84M -$1.03M -25,677 -1%
AC
22
Ascend Capital
California
$83.3M +$64.6M +1,603,430 +486%
FCM
23
Frontier Capital Management
Massachusetts
$82.1M +$19.1M +475,080 +33%
PAMU
24
Pictet Asset Management (UK)
United Kingdom
$77.9M -$1.99M -49,380 -3%
DDC
25
DF Dent & Co
Maryland
$76.7M -$20.8M -516,028 -22%

WCN Hedge Fund Activity: Q1 2016 in Review

337 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2016, worth a combined $7.87B — up 19% from $6.6B a quarter earlier.

Buyers outnumbered sellers: 83 funds opened new WCN positions and 27 closed out — a net gain of 56 holders — while 119 added to existing stakes and 100 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $102M. The largest seller was Maverick Capital, cutting an estimated $103M.

  • 337 institutional investors held Waste Connections (WCN) as of Q1 2016, up from 281 in Q4 2015.
  • Funds reported $7.87B of Waste Connections stock for Q1 2016, up 19% quarter-over-quarter.
  • 83 funds opened new Waste Connections positions in Q1 2016 and 27 closed out, a net change of +56 holders.
  • The largest Waste Connections buyer in Q1 2016 was JP Morgan Chase, an estimated $102M added.
  • The largest Waste Connections seller in Q1 2016 was Maverick Capital, an estimated $103M sold.

Based on aggregated 13F filings for Q1 2016.