Waste Connections
561 hedge funds and large institutions have $26.4B invested in Waste Connections in 2022 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 207 increasing their positions, 179 reducing their positions, and 48 closing their positions.
69% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 48
45% more funds holding in top 10
Funds holding in top 10: 11 → 16 (+5)
16% more repeat investments, than reductions
Existing positions increased: 207 | Existing positions reduced: 179
5% more funds holding
Funds holding: 535 → 561 (+26)
1.53% more ownership
Funds ownership: 84.48% → 86.01% (+1.5%)
13% less capital invested
Capital invested by funds: $30.4B → $26.4B (-$3.96B)
16% less call options, than puts
Call options by funds: $17M | Put options by funds: $20.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
+$382M |
| 2 |
Capital World Investors
Los Angeles,
California
|
+$118M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$104M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$92.9M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$68.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$589M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$93.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$79.1M |
| 4 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
-$57.6M |
| 5 |
Holocene Advisors
New York
|
-$52M |
WCN Hedge Fund Activity: Q2 2022 in Review
561 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q2 2022, worth a combined $26.4B — down 13% from $30.4B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new WCN positions and 48 closed out — a net gain of 33 holders — while 207 added to existing stakes and 179 trimmed.
The largest buyer was WCM Investment Management, opening a new position worth an estimated $382M. The largest seller was T. Rowe Price Associates, cutting an estimated $589M.
- 561 institutional investors held Waste Connections (WCN) as of Q2 2022, up from 535 in Q1 2022.
- Funds reported $26.4B of Waste Connections stock for Q2 2022, down 13% quarter-over-quarter.
- 81 funds opened new Waste Connections positions in Q2 2022 and 48 closed out, a net change of +33 holders.
- The largest Waste Connections buyer in Q2 2022 was WCM Investment Management, an estimated $382M added.
- The largest Waste Connections seller in Q2 2022 was T. Rowe Price Associates, an estimated $589M sold.
Based on aggregated 13F filings for Q2 2022.