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WCN

Waste Connections

338 hedge funds and large institutions have $12.1B invested in Waste Connections in 2016 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 112 increasing their positions, 120 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more funds holding in top 10

Funds holding in top 10: 1618 (+2)

11% more first-time investments, than exits

New positions opened: 49 | Existing positions closed: 44

11% more capital invested

Capital invested by funds: $10.9B → $12.1B (+$1.18B)

2.78% more ownership

Funds ownership: 128.32%131.1% (+2.8%)

0% more funds holding

Funds holding: 337338 (+1)

7% less repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 120

68% less call options, than puts

Call options by funds: $8.18M | Put options by funds: $25.6M

Holders
338
Holders Change
+1
Holders Change %
+0.3%
% of All Funds
8.45%
Holding in Top 10
18
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+12.5%
% of All Funds
0.45%
New
49
Increased
112
Reduced
120
Closed
44
Calls
$8.18M
Puts
$25.6M
Net Calls
-$17.4M
Net Calls Change
-$24.3M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$1.14B +$59.6M +1,179,602 +6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.09B +$32.6M +644,352 +3%
JP Morgan Chase
3
JP Morgan Chase
New York
$637M +$61.5M +1,217,465 +11%
1832 Asset Management
4
1832 Asset Management
Ontario, Canada
$554M +$351M +6,948,094 +181%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$487M +$113M +2,238,476 +32%
Wells Fargo
6
Wells Fargo
California
$452M +$49.3M +976,790 +13%
MC
7
Maverick Capital
Texas
$368M -$91.2M -1,805,169 -20%
Artisan Partners
8
Artisan Partners
Wisconsin
$354M -$22.7M -449,700 -6%
Bank of Montreal
9
Bank of Montreal
Ontario, Canada
$327M +$64.3M +1,272,086 +25%
FPP
10
Findlay Park Partners
United Kingdom
$296M +$10.9M +215,643 +4%
SI
11
Sentry Investments
Ontario, Canada
$282M -$37.2M -735,750 -16%
Norges Bank
12
Norges Bank
Norway
$273M +$12.1M +239,726 +5%
TD Asset Management
13
TD Asset Management
Ontario, Canada
$260M +$11M +217,623 +5%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$248M -$49.3M -976,602 -17%
EAM
15
Eagle Asset Management
Florida
$240M -$10.1M -199,469 -4%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$218M -$66.8M -1,321,644 -24%
PAMU
17
Pictet Asset Management (UK)
United Kingdom
$173M +$17.3M +343,077 +12%
Capital International Investors
18
Capital International Investors
California
$157M +$84.6M +1,674,642 +126%
Connor, Clark & Lunn Investment Management (CC&L)
19
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$149M -$8.56M -169,512 -6%
O
20
OppenheimerFunds
New York
$137M -$7.73M -152,981 -6%
CGT
21
Capital Guardian Trust
California
$125M +$6.61M +130,737 +6%
Fiera Capital (Canada)
22
Fiera Capital (Canada)
Quebec, Canada
$118M -$25.8M -511,277 -18%
BAMCO Inc
23
BAMCO Inc
New York
$118M -$7.58M -150,000 -6%
Canada Life
24
Canada Life
Manitoba, Canada
$112M +$8.56M +169,361 +9%
GMI
25
Greystone Managed Investments
Saskatchewan, Canada
$111M -$4.34M -85,890 -4%

WCN Hedge Fund Activity: Q4 2016 in Review

338 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2016, worth a combined $12.1B — up 11% from $10.9B a quarter earlier.

Buyers outnumbered sellers: 49 funds opened new WCN positions and 44 closed out — a net gain of 5 holders — while 112 added to existing stakes and 120 trimmed.

The largest buyer was 1832 Asset Management, adding an estimated $351M. The largest seller was Maverick Capital, cutting an estimated $91.2M.

  • 338 institutional investors held Waste Connections (WCN) as of Q4 2016, up from 337 in Q3 2016.
  • Funds reported $12.1B of Waste Connections stock for Q4 2016, up 11% quarter-over-quarter.
  • 49 funds opened new Waste Connections positions in Q4 2016 and 44 closed out, a net change of +5 holders.
  • The largest Waste Connections buyer in Q4 2016 was 1832 Asset Management, an estimated $351M added.
  • The largest Waste Connections seller in Q4 2016 was Maverick Capital, an estimated $91.2M sold.

Based on aggregated 13F filings for Q4 2016.