Waste Connections
358 hedge funds and large institutions have $15.7B invested in Waste Connections in 2017 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 122 increasing their positions, 144 reducing their positions, and 34 closing their positions.
9% more capital invested
Capital invested by funds: $14.5B → $15.7B (+$1.25B)
0.37% more ownership
Funds ownership: 84.65% → 85.01% (+0.37%)
2% less funds holding
Funds holding: 367 → 358 (-9)
15% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 144
18% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 34
26% less funds holding in top 10
Funds holding in top 10: 19 → 14 (-5)
33% less call options, than puts
Call options by funds: $2.68M | Put options by funds: $4.02M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$180M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$142M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$60.7M |
| 4 |
Renaissance Technologies
New York
|
+$39M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$32.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$74.8M |
| 2 |
O
OppenheimerFunds
New York
|
-$56.6M |
| 3 |
CCM
Clearfield Capital Management
New York
|
-$55.4M |
| 4 |
JP Morgan Chase
New York
|
-$49.7M |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$48.9M |
WCN Hedge Fund Activity: Q3 2017 in Review
358 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2017, worth a combined $15.7B — up 8.6% from $14.5B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of WCN and 28 opened new positions — a net loss of 6 holders — while 144 trimmed existing stakes and 122 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $180M. The largest seller was Putnam Investments, cutting an estimated $74.8M.
- 358 institutional investors held Waste Connections (WCN) as of Q3 2017, down from 367 in Q2 2017.
- Funds reported $15.7B of Waste Connections stock for Q3 2017, up 8.6% quarter-over-quarter.
- 28 funds opened new Waste Connections positions in Q3 2017 and 34 closed out, a net change of -6 holders.
- The largest Waste Connections buyer in Q3 2017 was T. Rowe Price Associates, an estimated $180M added.
- The largest Waste Connections seller in Q3 2017 was Putnam Investments, an estimated $74.8M sold.
Based on aggregated 13F filings for Q3 2017.