Waste Connections
697 hedge funds and large institutions have $38.8B invested in Waste Connections in 2024 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 279 increasing their positions, 242 reducing their positions, and 45 closing their positions.
344% more call options, than puts
Call options by funds: $87.7M | Put options by funds: $19.7M
47% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 45
17% more funds holding in top 10
Funds holding in top 10: 18 → 21 (+3)
15% more repeat investments, than reductions
Existing positions increased: 279 | Existing positions reduced: 242
2% more funds holding
Funds holding: 685 → 697 (+12)
2% more capital invested
Capital invested by funds: $38B → $38.8B (+$832M)
0.05% more ownership
Funds ownership: 85.68% → 85.73% (+0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$262M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$247M |
| 3 |
UBS AM
Chicago,
Illinois
|
+$192M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$107M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$90.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$735M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$151M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$116M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$74.9M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$68.1M |
WCN Hedge Fund Activity: Q2 2024 in Review
697 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q2 2024, worth a combined $38.8B — up 2.2% from $38B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new WCN positions and 45 closed out — a net gain of 21 holders — while 279 added to existing stakes and 242 trimmed.
The largest buyer was Winslow Capital Management, opening a new position worth an estimated $262M. The largest seller was Capital International Investors, cutting an estimated $735M.
- 697 institutional investors held Waste Connections (WCN) as of Q2 2024, up from 685 in Q1 2024.
- Funds reported $38.8B of Waste Connections stock for Q2 2024, up 2.2% quarter-over-quarter.
- 66 funds opened new Waste Connections positions in Q2 2024 and 45 closed out, a net change of +21 holders.
- The largest Waste Connections buyer in Q2 2024 was Winslow Capital Management, an estimated $262M added.
- The largest Waste Connections seller in Q2 2024 was Capital International Investors, an estimated $735M sold.
Based on aggregated 13F filings for Q2 2024.