Waste Connections
339 hedge funds and large institutions have $11.9B invested in Waste Connections in 2016 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 113 increasing their positions, 120 reducing their positions, and 44 closing their positions.
13% more funds holding in top 10
Funds holding in top 10: 16 → 18 (+2)
5% more capital invested
Capital invested by funds: $11.3B → $11.9B (+$608M)
9% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 44
0.15% more ownership
Funds ownership: 128.32% → 128.46% (+0.15%)
0% more funds holding
Funds holding: 339 → 339 (0)
6% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 120
68% less call options, than puts
Call options by funds: $8.18M | Put options by funds: $25.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$117M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$113M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$84.6M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$64.3M |
| 5 |
JP Morgan Chase
New York
|
+$61.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$91.2M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$91M |
| 3 |
SIG
Senator Investment Group
New York
|
-$83.3M |
| 4 |
State Street
Boston,
Massachusetts
|
-$76.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$66.8M |
WCN Hedge Fund Activity: Q4 2016 in Review
339 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2016, worth a combined $11.9B — up 5.4% from $11.3B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new WCN positions and 44 closed out — a net gain of 4 holders — while 113 added to existing stakes and 120 trimmed.
The largest buyer was 1832 Asset Management, adding an estimated $117M. The largest seller was Maverick Capital, cutting an estimated $91.2M.
- 339 institutional investors held Waste Connections (WCN) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $11.9B of Waste Connections stock for Q4 2016, up 5.4% quarter-over-quarter.
- 48 funds opened new Waste Connections positions in Q4 2016 and 44 closed out, a net change of +4 holders.
- The largest Waste Connections buyer in Q4 2016 was 1832 Asset Management, an estimated $117M 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.