Waste Connections
485 hedge funds and large institutions have $22.3B invested in Waste Connections in 2020 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 168 increasing their positions, 162 reducing their positions, and 39 closing their positions.
162% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $4.45M
97% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 39
8% more funds holding
Funds holding: 451 → 485 (+34)
4% more repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 162
0.19% more ownership
Funds ownership: 82.04% → 82.23% (+0.19%)
1% less capital invested
Capital invested by funds: $22.6B → $22.3B (-$302M)
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$270M |
| 2 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
+$152M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$75.2M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
+$63.6M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$62.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$250M |
| 2 |
JP Morgan Chase
New York
|
-$209M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$156M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$139M |
| 5 |
JCM
Junto Capital Management
New York
|
-$70.5M |
WCN Hedge Fund Activity: Q4 2020 in Review
485 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q4 2020, worth a combined $22.3B — down 1.3% from $22.6B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new WCN positions and 39 closed out — a net gain of 38 holders — while 168 added to existing stakes and 162 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $270M. The largest seller was American Century Companies, cutting an estimated $250M.
- 485 institutional investors held Waste Connections (WCN) as of Q4 2020, up from 451 in Q3 2020.
- Funds reported $22.3B of Waste Connections stock for Q4 2020, down 1.3% quarter-over-quarter.
- 77 funds opened new Waste Connections positions in Q4 2020 and 39 closed out, a net change of +38 holders.
- The largest Waste Connections buyer in Q4 2020 was T. Rowe Price Associates, an estimated $270M added.
- The largest Waste Connections seller in Q4 2020 was American Century Companies, an estimated $250M sold.
Based on aggregated 13F filings for Q4 2020.