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WCN

Waste Connections

337 hedge funds and large institutions have $10.9B invested in Waste Connections in 2016 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 114 increasing their positions, 129 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

202% more call options, than puts

Call options by funds: $10.4M | Put options by funds: $3.44M

17% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 35

4% more capital invested

Capital invested by funds: $10.5B → $10.9B (+$433M)

1% more funds holding

Funds holding: 334337 (+3)

0.67% more ownership

Funds ownership: 127.64%128.32% (+0.67%)

11% less funds holding in top 10

Funds holding in top 10: 1816 (-2)

12% less repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 129

Holders
337
Holders Change
+3
Holders Change %
+0.9%
% of All Funds
8.99%
Holding in Top 10
16
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-11.11%
% of All Funds
0.43%
New
41
Increased
114
Reduced
129
Closed
35
Calls
$10.4M
Puts
$3.44M
Net Calls
+$6.94M
Net Calls Change
-$43M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$1.02B -$38.5M -763,098 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.01B +$20.3M +403,620 +2%
JP Morgan Chase
3
JP Morgan Chase
New York
$545M -$49M -972,603 -8%
MC
4
Maverick Capital
Texas
$440M +$25.5M +506,659 +6%
Wells Fargo
5
Wells Fargo
California
$381M +$127M +2,525,397 +49%
Artisan Partners
6
Artisan Partners
Wisconsin
$359M -$9.56M -189,528 -3%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$351M +$142M +2,813,952 +66%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$284M +$18.8M +373,872 +7%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$273M -$52M -1,032,187 -16%
FPP
10
Findlay Park Partners
United Kingdom
$271M -$34.3M -681,102 -11%
Bank of Montreal
11
Bank of Montreal
Ontario, Canada
$256M +$41.6M +824,328 +19%
EAM
12
Eagle Asset Management
Florida
$238M -$7.44M -147,621 -3%
Norges Bank
13
Norges Bank
Norway
$236M +$21.4M +424,047 +9%
TD Asset Management
14
TD Asset Management
Ontario, Canada
$236M +$49.8M +988,521 +26%
1832 Asset Management
15
1832 Asset Management
Ontario, Canada
$191M +$1.43M +28,443 +0.7%
Connor, Clark & Lunn Investment Management (CC&L)
16
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$150M -$20M -396,345 -12%
PAMU
17
Pictet Asset Management (UK)
United Kingdom
$147M +$58.5M +1,161,214 +65%
Fiera Capital (Canada)
18
Fiera Capital (Canada)
Quebec, Canada
$138M +$13.1M +259,944 +10%
O
19
OppenheimerFunds
New York
$138M -$24.3M -481,806 -15%
BAMCO Inc
20
BAMCO Inc
New York
$120M -$41.6M -825,000 -26%
Dimensional Fund Advisors
21
Dimensional Fund Advisors
Texas
$119M -$99.5M -1,972,916 -45%
Goldman Sachs
22
Goldman Sachs
New York
$116M -$99.3M -1,969,319 -46%
GCC
23
Guardian Capital (Canada)
Ontario, Canada
$113M -$204K -4,046 -0.2%
CGT
24
Capital Guardian Trust
California
$112M +$18.6M +368,517 +20%
GMI
25
Greystone Managed Investments
Saskatchewan, Canada
$109M -$10M -198,525 -8%

WCN Hedge Fund Activity: Q3 2016 in Review

337 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2016, worth a combined $10.9B — up 4.1% from $10.5B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new WCN positions and 35 closed out — a net gain of 6 holders — while 114 added to existing stakes and 129 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $142M. The largest seller was Dimensional Fund Advisors, cutting an estimated $99.5M.

  • 337 institutional investors held Waste Connections (WCN) as of Q3 2016, up from 334 in Q2 2016.
  • Funds reported $10.9B of Waste Connections stock for Q3 2016, up 4.1% quarter-over-quarter.
  • 41 funds opened new Waste Connections positions in Q3 2016 and 35 closed out, a net change of +6 holders.
  • The largest Waste Connections buyer in Q3 2016 was Royal Bank of Canada, an estimated $142M added.
  • The largest Waste Connections seller in Q3 2016 was Dimensional Fund Advisors, an estimated $99.5M sold.

Based on aggregated 13F filings for Q3 2016.