WCN
Waste Connections, Inc. · Industrials · Waste Management
Momentum inputs (comparable managers):
holder breadth -8.7% ·
share flow -1.9% ·
net new positions -9.5%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 150 | -3 | 160.03M | $25.93B | +4 | −9 |
| Q1 2026 | 158 | +4 | 159.68M | $25.95B | +8 | −5 |
| Q4 2025 | 153 | 0 | 177.41M | $31.16B | +2 | −1 |
| Q3 2025 | 25 | +2 | 76.58M | $13.47B | +2 | −1 |
| Q2 2025 | 21 | -2 | 63.18M | $11.80B | — | −2 |
| Q1 2025 | 20 | +3 | 20.58M | $4.02B | +3 | — |
| Q4 2024 | 17 | -1 | 20.76M | $3.57B | — | −1 |
| Q3 2024 | 17 | +1 | 18.38M | $3.29B | +2 | −1 |
| Q2 2024 | 16 | — | 17.27M | $3.03B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group ✦ (passive) | 30.87M | — | $5.76B | 0.1% | n/c | 1 | SEC ↗ ×6 |
| 2 | BlackRock ✦ (passive) | 7.46M | — | $1.39B | 0.0% | n/c | 1 | SEC ↗ ×22 |
| 3 | Fidelity (FMR) ✦ | 5.51M | — | $1.03B | 0.1% | n/c | 1 | SEC ↗ ×5 |
| 4 | T. Rowe Price ✦ | 4.36M | -16.3% | $814.87M | 0.1% | ▼ Trim | 5 | SEC ↗ ×2 |
| 5 | Norges Bank ✦ (passive) | 4.05M | +0.1% | $755.94M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 6 | Wellington Management ✦ | 3.19M | -6.4% | $595.82M | 0.1% | ▼ Trim | 5 | SEC ↗ ×9 |
| 7 | Gates Foundation Trust ✦ | 2.15M | 0.0% | $401.29M | 0.8% | Held | 5 | SEC ↗ |
| 8 | State Street Global Advisors ✦ (passive) | 1.81M | +1.0% | $337.71M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 9 | Arrowstreet Capital ✦ | 1.15M | +22.9% | $214.39M | 0.2% | ▲ Add | 4 | SEC ↗ |
| 10 | Two Sigma Investments ✦ | 962.53K | -4.1% | $179.72M | 0.3% | ▼ Trim | 5 | SEC ↗ |
| 11 | Geode Capital Management ✦ (passive) | 772.01K | +20.9% | $149.96M | 0.0% | ▲ Add | 5 | SEC ↗ ×2 |
| 12 | Millennium Management ✦ | 309.57K | +179.3% | $57.80M | 0.1% | ▲ Add | 5 | SEC ↗ |
| 13 | Marshall Wace ✦ | 236.22K | +1437.8% | $44.11M | 0.1% | ▲ Add | 5 | SEC ↗ ×3 |
| 14 | AQR Capital Management ✦ | 135.95K | -14.0% | $25.27M | 0.0% | ▼ Trim | 5 | SEC ↗ ×5 |
| 15 | D. E. Shaw & Co. ✦ | 87.77K | -45.3% | $16.40M | 0.0% | ▼ Trim | 5 | SEC ↗ ×2 |
| 16 | GAMCO Investors ✦ | 86.64K | -6.1% | $16.18M | 0.2% | ▼ Trim | 5 | SEC ↗ |
| 17 | Gotham Asset Management ✦ | 29.79K | +19.2% | $5.56M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 18 | Bridgewater Associates ✦ | 8.90K | +25.8% | $1.66M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 19 | Citadel Advisors ✦ | 3.47K | -99.6% | $648,105 | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 20 | Capital World Investors ✦ | 2.81K | 0.0% | $525,666 | 0.0% | Held | 5 | SEC ↗ |
| 21 | Fisher Asset Management ✦ | 1.74K | +69.2% | $324,322 | 0.0% | ▲ Add | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| Adage Capital Partners | $3.28M | was 0.0% |
| Renaissance Technologies | $1.12M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 791 holders, 211.55M shares, $33.14B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 700 sh · $119,000
Officer · 2.50K sh · $416,425
Officer · 1.75K sh · $290,500
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology