Waste Connections
734 hedge funds and large institutions have $39.6B invested in Waste Connections in 2024 Q3 according to their latest regulatory filings, with 89 funds opening new positions, 268 increasing their positions, 263 reducing their positions, and 50 closing their positions.
214% more call options, than puts
Call options by funds: $47M | Put options by funds: $15M
78% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 50
5% more funds holding
Funds holding: 698 → 734 (+36)
3% more capital inflows, than outflows
Capital inflows: $3.03B | Capital outflows: $2.96B
2% more repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 263
0.11% more ownership
Funds ownership: 85.73% → 85.84% (+0.11%)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$263M |
| 2 |
British Columbia Investment Management
Victoria,
British Columbia, Canada
|
+$185M |
| 3 |
Two Sigma Investments
New York
|
+$173M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$158M |
| 5 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$126M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$1.13B |
| 2 |
WCM Investment Management
Laguna Beach,
California
|
-$298M |
| 3 |
BlackRock
New York
|
-$136M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$115M |
| 5 |
Zurich Insurance Group
Zurich,
Switzerland
|
-$95.6M |
WCN Hedge Fund Activity: Q3 2024 in Review
734 of the 6,989 institutional investors tracked by Wall St. Rank reported a position in Waste Connections (WCN) for Q3 2024, worth a combined $39.6B — up 2% from $38.8B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new WCN positions and 50 closed out — a net gain of 39 holders — while 268 added to existing stakes and 263 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $263M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $1.13B.
- 734 institutional investors held Waste Connections (WCN) as of Q3 2024, up from 698 in Q2 2024.
- Funds reported $39.6B of Waste Connections stock for Q3 2024, up 2% quarter-over-quarter.
- 89 funds opened new Waste Connections positions in Q3 2024 and 50 closed out, a net change of +39 holders.
- The largest Waste Connections buyer in Q3 2024 was Principal Financial Group, an estimated $263M added.
- The largest Waste Connections seller in Q3 2024 was T. Rowe Price Investment Management, an estimated $1.13B sold.
Based on aggregated 13F filings for Q3 2024.