Waste ConnectionsWCN
13F holders, Q1 2025 (March 31)At the end of Q1 2025, 738 institutions reported holding Waste Connections Inc. (WCN) in their 13F filings, up 2 from Q4 2024. 65 opened new positions and 67 sold out. The largest holders were Vanguard Group Inc. ($5.9B), Royal Bank of Canada ($2.1B) and Bank of Montreal ($1.7B). 11 famous investors held it, including Bill Gates / Michael Larson (1.0% of Gates Foundation Trust's portfolio), Mario Gabelli (0.2% of GAMCO Investors's portfolio) and Ken Griffin (0.2% of Citadel Advisors's portfolio).
- Company
- Waste Connections Inc.
- CUSIP
- 94106B101
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 65 | $78.4M |
| Exits | 67 | $358.0M |
All 13F filers, Q4 2024 → Q1 2025: 11,431,498 shares bought and 12,069,951 shares sold, net −638,453 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 738 holders
| Vanguard Group Inc. | 0.11% | Add +3.3% | 30,247,244 | $5.9B |
| Royal Bank of Canada | 0.46% | Reduce -0.4% | 10,624,320 | $2.1B |
| Bank of Montreal | 0.89% | Reduce -1.9% | 8,479,429 | $1.7B |
| FIL Ltd | 1.46% | Add +9.5% | 7,858,098 | $1.5B |
| WCM Investment Management, LLC | 3.16% | Add +0.3% | 6,383,780 | $1.2B |
| BlackRock, Inc. | 0.03% | Add +1.4% | 6,064,429 | $1.2B |
| Capital International Investors | 0.23% | Add +0.4% | 5,973,444 | $1.2B |
| T. Rowe Price Associates Inc. | 0.13% | Reduce -9.1% | 5,214,368 | $1.0B |
| FMR LLC | 0.06% | Add +3.9% | 4,919,199 | $959.5M |
| T. Rowe Price Investment Management, Inc. | 0.63% | Reduce -20.4% | 4,849,878 | $946.6M |
| Pictet Asset Management Holding SA | 1.01% | Reduce -14.0% | 4,674,486 | $912.4M |
| Mackenzie Financial Corp. | 1.27% | Add +5.8% | 4,575,547 | $892.0M |
| Norges Bank | 0.11% | Add +0.8% | 4,043,754 | $789.0M |
| 1832 Asset Management L.P. | 1.44% | Add +2.7% | 3,863,120 | $754.0M |
| TD Asset Management Inc | 0.69% | Add +3.3% | 3,819,259 | $744.4M |
| Alphinity Investment Management Pty Ltd | 4.63% | Add +5.2% | 3,504,903 | $684.1M |
| Wellington Management Group LLP | 0.13% | Reduce -14.4% | 3,410,382 | $665.7M |
| JPMorgan Chase & Co. | 0.05% | Add +1.0% | 3,281,741 | $640.6M |
| Nuveen, LLC | 0.19% | — | 3,192,557 | $623.2M |
| Bank of America Corp. | 0.05% | Add +27.0% | 2,822,676 | $551.0M |
| National Bank of Canada | 0.64% | Reduce -4.7% | 2,802,174 | $541.4M |
| Fiera Capital Corp | 1.72% | Add +6.9% | 2,437,854 | $475.6M |
| Connor, Clark & Lunn Investment Management Ltd. | 2.05% | Add +20.7% | 2,413,615 | $470.5M |
| Manufacturers Life Insurance Company, The | 0.45% | Reduce -9.2% | 2,390,562 | $468.2M |
| Morgan Stanley | 0.03% | Reduce -0.9% | 2,373,453 | $463.3M |
| Gates Foundation Trust | 1.00% | No change | 2,149,175 | $419.5M |
| Stockbridge Partners LLC | 9.17% | Add +7.9% | 2,123,309 | $414.4M |
| Principal Financial Group Inc. | 0.22% | Reduce -1.6% | 2,003,901 | $391.1M |
| State Street Corp. | 0.01% | Add +1.5% | 1,791,434 | $349.7M |
| Cibc World Market Inc. | 0.78% | Add +3.1% | 1,763,351 | $343.8M |
| Goldman Sachs Group Inc. | 0.06% | Add +45.0% | 1,621,661 | $316.5M |
| Montrusco Bolton Investments Inc. | 3.89% | Reduce -18.4% | 1,573,984 | $296.2M |
| Brown Advisory Inc. | 0.42% | Reduce -2.7% | 1,491,097 | $291.0M |
| Macquarie Group Ltd. | 0.35% | Add +0.3% | 1,454,330 | $283.9M |
| Neuberger Berman Group LLC | 0.22% | Add +0.3% | 1,365,763 | $266.6M |
| Public Employees Retirement Association of Colorado | 1.10% | Reduce -0.1% | 1,318,614 | $257.4M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.07% | Add +13.0% | 1,315,114 | $256.7M |
| Raymond James Financial Inc. | 0.10% | Reduce -6.3% | 1,313,373 | $256.4M |
| CIBC Asset Management Inc | 0.80% | Add +30.0% | 1,237,454 | $242.1M |
| DF Dent & Co. Inc. | 3.23% | Reduce -3.8% | 1,239,741 | $242.0M |
| Legal & General Group Plc | 0.06% | Add +0.9% | 1,168,803 | $227.7M |
| Caisse de depot et placement du Quebec | 0.47% | Add +195.0% | 1,153,530 | $225.0M |
| Franklin Resources Inc. | 0.07% | Add +15.4% | 1,150,944 | $224.6M |
| Canada Pension Plan Investment Board | 0.22% | Add +56.2% | 1,147,904 | $223.8M |
| King Luther Capital Management Corp. | 1.03% | Reduce -0.1% | 1,138,751 | $222.3M |
| OMERS ADMINISTRATION Corp | 1.91% | Reduce -0.6% | 1,120,652 | $218.7M |
| Sands Capital Management, LLC | 0.74% | Add +85.7% | 1,108,404 | $216.3M |
| Two Sigma Advisers, LP | 0.48% | Add +14.3% | 1,100,950 | $214.9M |
| Findlay Park Partners LLP | 2.03% | Add +1.4% | 1,011,458 | $197.4M |
| Two Sigma Investments, LP | 0.44% | Add +3.1% | 1,003,328 | $195.8M |
| Arrowstreet Capital, Limited Partnership | 0.15% | Add +266.6% | 933,814 | $182.1M |
| Deutsche Bank AG | 0.07% | Reduce -2.3% | 900,383 | $175.7M |
| Northern Trust Corp. | 0.03% | Add +7.2% | 896,243 | $174.9M |
| Clearbridge Investments, LLC | 0.15% | Reduce -4.5% | 871,600 | $170.1M |
| Storebrand Asset Management As | 0.54% | Reduce -24.3% | 853,057 | $166.5M |
| Ameriprise Financial Inc. | 0.04% | Reduce -57.5% | 750,665 | $159.7M |
| Schroder Investment Management Group | 0.16% | Add +105.5% | 824,793 | $159.0M |
| Citadel Advisors | 0.15% | Add +308.4% | 800,046 | $156.2M |
| Snyder Capital Management L P | 3.18% | Reduce -1.1% | 745,472 | $145.5M |
| Swiss National Bank | 0.10% | Reduce -0.2% | 727,745 | $142.0M |
| Silvercrest Asset Management Group LLC | 0.97% | Reduce -3.0% | 691,048 | $134.9M |
| TCW Group Inc. | 1.17% | Reduce -2.4% | 670,420 | $130.9M |
| Geode Capital Management, LLC | 0.01% | Reduce -1.4% | 638,524 | $130.6M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.79% | Reduce -34.9% | 659,417 | $128.6M |
| Rathbones Group PLC | 0.62% | Reduce -0.6% | 653,326 | $127.5M |
| National Pension Service | 0.12% | Add +9.6% | 640,779 | $125.1M |
| EULAV Asset Management | 2.99% | Reduce -5.5% | 620,742 | $121.2M |
| Toronto Dominion Bank | 0.30% | Reduce -20.8% | 600,441 | $117.1M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +2.2% | 595,244 | $116.0M |
| Skye Global Management LP | 3.07% | Reduce -8.6% | 592,000 | $115.6M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.13% | Add +4.6% | 569,653 | $111.2M |
| UBS Group AG | 0.02% | Add +25.6% | 562,455 | $109.8M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.29% | Reduce -9.6% | 551,733 | $107.7M |
| DekaBank Deutsche Girozentrale | 0.20% | Reduce -0.1% | 534,510 | $103.9M |
| Voloridge Investment Management, LLC | 0.37% | Reduce -8.3% | 517,293 | $101.0M |
| Impax Asset Management Group plc | 0.60% | Add +69.3% | 516,905 | $99.6M |
| Allspring Global Investments Holdings, LLC | 0.17% | Reduce -1.9% | 499,338 | $98.1M |
| Dimensional Fund Advisors LP | 0.02% | Add +13.2% | 489,601 | $95.5M |
| Bank of Nova Scotia | 0.21% | Reduce -3.2% | 467,791 | $91.2M |
| Baird Financial Group, Inc. | 0.17% | Add +2.6% | 464,005 | $90.6M |
| Envestnet Asset Management Inc. | 0.03% | Reduce -2.4% | 455,991 | $89.0M |
| Massachusetts Financial Services Co. | 0.03% | Reduce -6.7% | 441,213 | $86.1M |
| Alberta Investment Management Corp | 0.61% | Add +9.0% | 436,673 | $85.1M |
| Teacher Retirement System of Texas | 0.34% | Add +166.3% | 423,307 | $82.6M |
| Bank of New York Mellon Corp | 0.02% | Reduce -0.6% | 407,212 | $79.5M |
| Davis R M Inc. | 1.57% | Add +0.0% | 401,215 | $78.3M |
| Mufg Securities (canada), LTD. | 2.67% | Reduce -0.1% | 393,737 | $76.7M |
| Scotia Capital Inc. | 0.39% | Add +9.2% | 371,532 | $72.5M |
| Nicholas Company, Inc. | 1.23% | Add +0.0% | 363,837 | $71.0M |
| Argent Capital Management LLC | 2.13% | Reduce -1.6% | 356,777 | $69.6M |
| Tandem Investment Advisors, Inc. | 2.42% | Reduce -3.1% | 354,745 | $69.2M |
| Westfield Capital Management Co. LP | 0.32% | Reduce -1.6% | 342,037 | $66.8M |
| TimesSquare Capital Management, LLC | 1.03% | Reduce -26.2% | 328,128 | $64.0M |
| Premier Fund Managers Ltd | 2.39% | Add +10.0% | 331,088 | $63.8M |
| Ensign Peak Advisors, Inc | 0.12% | Reduce -5.4% | 321,725 | $62.8M |
| Wells Fargo & Company | 0.02% | Add +6.8% | 320,129 | $62.5M |
| iA Global Asset Management Inc. | 1.06% | Add +34.3% | 315,162 | $61.5M |
| Russell Investments Group, Ltd. | 0.08% | Add +104.4% | 313,621 | $61.2M |
| Amundi | 0.02% | Add +0.3% | 304,454 | $60.7M |
| Eventide Asset Management, LLC | 1.20% | Reduce -0.0% | 308,836 | $60.3M |
"% of holder's portfolio" is WCN's weight in each manager's 13F, not the share of Waste Connections Inc. the manager owns.