Waste Connections
343 hedge funds and large institutions have $13.2B invested in Waste Connections in 2017 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 122 increasing their positions, 122 reducing their positions, and 25 closing their positions.
170% more call options, than puts
Call options by funds: $20.3M | Put options by funds: $7.51M
60% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 25
9% more capital invested
Capital invested by funds: $12.1B → $13.2B (+$1.13B)
1% more funds holding
Funds holding: 338 → 343 (+5)
0% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 122
3.45% less ownership
Funds ownership: 131.1% → 127.64% (-3.5%)
6% less funds holding in top 10
Funds holding in top 10: 18 → 17 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$256M |
| 2 |
BlackRock
New York
|
+$137M |
| 3 |
State Street
Boston,
Massachusetts
|
+$92.5M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$76.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$45.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$396M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$77.1M |
| 3 |
Goldman Sachs
New York
|
-$66.1M |
| 4 |
JP Morgan Chase
New York
|
-$61.3M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$56.6M |
WCN Hedge Fund Activity: Q1 2017 in Review
343 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q1 2017, worth a combined $13.2B — up 9.3% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new WCN positions and 25 closed out — a net gain of 15 holders — while 122 added to existing stakes and 122 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $256M. The largest seller was 1832 Asset Management, cutting an estimated $396M.
- 343 institutional investors held Waste Connections (WCN) as of Q1 2017, up from 338 in Q4 2016.
- Funds reported $13.2B of Waste Connections stock for Q1 2017, up 9.3% quarter-over-quarter.
- 40 funds opened new Waste Connections positions in Q1 2017 and 25 closed out, a net change of +15 holders.
- The largest Waste Connections buyer in Q1 2017 was T. Rowe Price Associates, an estimated $256M added.
- The largest Waste Connections seller in Q1 2017 was 1832 Asset Management, an estimated $396M sold.
Based on aggregated 13F filings for Q1 2017.