Who Owns Waste Connections, Inc. (WCN)?Hedge Fund & Institutional Holders

$167.13+0.67 (+0.40%)IndustrialsNYSE

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$InfinityT

% of Float Held

Infinity%

QoQ Change in Holders

+7 / -2

Price History

$157.58$168.17$178.76$189.36$199.95Aug 24Jun 25Mar 26

WCN — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
WCM INVESTMENT MANAGEMENT, LLCNew Position+6.3M+$1.1T
BANK OF AMERICA CORP /DE/Increased+452K+$586.5B
CIBC Asset Management IncNew Position+2.0M+$345.0B
PRINCIPAL FINANCIAL GROUP INCNew Position+1.8M+$317.2B
1832 Asset Management L.P.Increased+1.4M+$235.3B
JPMORGAN CHASE & COIncreased+1.3M+$217.2B
ROYAL BANK OF CANADAIncreased+1.3M+$212.0B
GOLDMAN SACHS GROUP INCIncreased+1.1M+$183.5B
CITADEL ADVISORS LLCIncreased+682K+$119.0B
DEUTSCHE BANK AG\Increased+684K+$116.7B
EULAV Asset ManagementNew Position+591K+$103.0B
AQR CAPITAL MANAGEMENT LLCIncreased+594K+$102.2B
Impax Asset Management Group plcNew Position+482K+$84.5B
Allianz Asset Management GmbHNew Position+453K+$79.0B
Champlain Investment Partners, LLCNew Position+412K+$72.3B

WCN — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
FIL LtdDecreased-2.6M-$449.2B
MACQUARIE GROUP LTDDecreased-1.1M-$202.5B
VOLORIDGE INVESTMENT MANAGEMENT, LLCDecreased-169K-$92.4B
MACKENZIE FINANCIAL CORPDecreased-517K-$79.5B
Qube Research & Technologies LtdDecreased-118K-$75.0B
AMERIPRISE FINANCIAL INCDecreased-283K-$53.2B
JANE STREET GROUP, LLCDecreased-262K-$51.2B
BANK OF MONTREAL /CAN/Decreased-252K-$51.1B
MANUFACTURERS LIFE INSURANCE COMPANY, THEDecreased-286K-$50.8B
Woodline Partners LPDecreased-282K-$50.5B
CIBC Bancorp USA Inc.Closed Position-272K-$47.8B
Burgundy Asset Management Ltd.Closed Position-224K-$41.4B
SANDS CAPITAL MANAGEMENT, LLCDecreased-217K-$38.6B
TWO SIGMA INVESTMENTS, LPDecreased-185K-$33.2B
BANK OF NOVA SCOTIADecreased-171K-$30.4B

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1FMR LLC6,827,666$1.2T61.03%Share
2ROYAL BANK OF CANADA6,565,763$1.2T187.25%Share
3WCM INVESTMENT MANAGEMENT, LLC6,286,390$1.1T2305.89%Share
4MACKENZIE FINANCIAL CORP5,619,426$999.0B1183.19%Share
51832 Asset Management L.P.5,652,029$991.0B754.73%Share
6ROYAL BANK OF CANADA4,765,225$835.0B135.84%Share
7BANK OF MONTREAL /CAN/4,422,223$775.0B268.41%Share
8WELLINGTON MANAGEMENT GROUP LLP3,444,707$604.0B105.84%Share
9TD ASSET MANAGEMENT INC3,216,944$564.0B453.75%Share
10Fiera Capital Corp2,764,876$485.0B1538.02%Share
11BANK OF MONTREAL /CAN/2,674,066$468.0B162.09%Share
12MANUFACTURERS LIFE INSURANCE COMPANY, THE2,505,148$440.0B361.56%Share
13Stockbridge Partners LLC2,367,313$415.1B9.14%Share
14MONTRUSCO BOLTON INVESTMENTS INC.2,345,566$397.9B4957.92%Share
15BANK OF AMERICA CORP /DE/2,197,911$385.0B28.01%Share
16JPMORGAN CHASE & CO2,170,671$380.0B23.86%Share
17CIBC WORLD MARKET INC.2,044,769$358.0B577.23%Share
18GATES FOUNDATION TRUST2,039,175$357.6B1011.28%Share
19CIBC Asset Management Inc1,962,470$345.0B832.85%Share
20GOLDMAN SACHS GROUP INC1,828,822$320.0B39.45%Share
21PRINCIPAL FINANCIAL GROUP INC1,714,244$300.6B153.48%Share
22FMR LLC1,666,178$292.0B14.89%Share
23CANADA PENSION PLAN INVESTMENT BOARD1,573,111$275.0B183.93%Share
24TWO SIGMA ADVISERS, LP1,522,150$266.0B517.18%Share
25BROWN ADVISORY INC1,389,223$243.0B339.02%Share
26Connor, Clark & Lunn Investment Management Ltd.1,327,867$232.0B608.44%Share
27Neuberger Berman Group LLC1,171,806$205.0B152.60%Share
28JPMORGAN CHASE & CO1,135,633$199.0B12.49%Share
29KING LUTHER CAPITAL MANAGEMENT CORP1,121,255$196.0B797.14%Share
30OMERS ADMINISTRATION Corp1,116,452$195.0B1389.88%Share
31TWO SIGMA INVESTMENTS, LP1,079,135$189.0B266.58%Share
32GOLDMAN SACHS GROUP INC1,062,743$186.0B22.93%Share
33BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp1,062,292$186.0B981.22%Share
34FMR LLC1,046,583$183.0B9.33%Share
35DF DENT & CO INC1,040,943$182.0B2619.84%Share
36CITADEL ADVISORS LLC999,950$175.0B26.28%Share
37Nuveen, LLC986,833$173.0B45.30%Share
38BANK OF MONTREAL /CAN/982,014$172.0B59.57%Share
39SANDS CAPITAL MANAGEMENT, LLC965,880$169.4B515.21%Share
40Skye Global Management LP892,000$156.4B2885.79%Share
41DEUTSCHE BANK AG\809,982$142.0B46.24%Share
42JPMORGAN CHASE & CO806,855$141.0B8.85%Share
43SNYDER CAPITAL MANAGEMENT L P789,117$138.4B2579.44%Share
44AQR CAPITAL MANAGEMENT LLC745,081$130.0B68.20%Share
45ARROWSTREET CAPITAL, LIMITED PARTNERSHIP703,033$123.0B72.04%Share
46Swiss National Bank705,645$123.0B73.21%Share
47TORONTO DOMINION BANK695,187$121.0B178.59%Share
48FMR LLC674,707$118.0B6.02%Share
49SILVERCREST ASSET MANAGEMENT GROUP LLC649,592$113.0B776.63%Share
50Baird Financial Group, Inc.633,792$111.0B173.03%Share

WCN Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 2025792$24.3T+287
Q3 2025505$20.6T-151
Q2 2025656$21.3T-64
Q1 2025720$29.3T+66
Q4 2024654$384.1T+95
Q3 2024559$1833.3T+27
Q2 2024532$2549.8T+30
Q1 2024502$2731.4T—

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As of Q4 2025, 50 institutional investors hold WCN (Waste Connections, Inc.). The largest holder is FMR LLC with $1.2T in shares. This quarter, 7 institutions opened new positions and 2 closed their positions.

Frequently Asked Questions

How many hedge funds own WCN?

As of Q4 2025, 50 institutional investors report holding WCN (Waste Connections, Inc.) in their 13F filings.

Who is the largest institutional holder of WCN?

The largest institutional holder of WCN is FMR LLC with $1.2T in shares.

Is institutional ownership of WCN increasing or decreasing?

This quarter, 7 institutions opened new positions in WCN and 2 closed their positions.