Waste Connections
418 hedge funds and large institutions have $16.7B invested in Waste Connections in 2018 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 149 increasing their positions, 136 reducing their positions, and 23 closing their positions.
139% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 23
7% more funds holding
Funds holding: 389 → 418 (+29)
10% more repeat investments, than reductions
Existing positions increased: 149 | Existing positions reduced: 136
3% more capital invested
Capital invested by funds: $16.2B → $16.7B (+$479M)
1.35% less ownership
Funds ownership: 85.58% → 84.23% (-1.3%)
13% less funds holding in top 10
Funds holding in top 10: 16 → 14 (-2)
85% less call options, than puts
Call options by funds: $3.88M | Put options by funds: $25.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$286M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$44.9M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$26.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$26.2M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$239M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$144M |
| 3 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
-$66.3M |
| 4 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
-$61.3M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$40.3M |
WCN Hedge Fund Activity: Q2 2018 in Review
418 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q2 2018, worth a combined $16.7B — up 3% from $16.2B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new WCN positions and 23 closed out — a net gain of 32 holders — while 149 added to existing stakes and 136 trimmed.
The largest buyer was Fidelity International, opening a new position worth an estimated $286M. The largest seller was Fidelity Investments, cutting an estimated $239M.
- 418 institutional investors held Waste Connections (WCN) as of Q2 2018, up from 389 in Q1 2018.
- Funds reported $16.7B of Waste Connections stock for Q2 2018, up 3% quarter-over-quarter.
- 55 funds opened new Waste Connections positions in Q2 2018 and 23 closed out, a net change of +32 holders.
- The largest Waste Connections buyer in Q2 2018 was Fidelity International, an estimated $286M added.
- The largest Waste Connections seller in Q2 2018 was Fidelity Investments, an estimated $239M sold.
Based on aggregated 13F filings for Q2 2018.