Waste ConnectionsWCN
13F holders, Q3 2025 (September 30)749holders −17
67new positions
79sold out
11famous investors
$175.75avg. 13F price*
At the end of Q3 2025, 749 institutions reported holding Waste Connections Inc. (WCN) in their 13F filings, down 17 from Q2 2025. 67 opened new positions and 79 sold out. The largest holders were Vanguard Group Inc. ($5.6B), Royal Bank of Canada ($1.9B) and FMR LLC ($1.8B). 11 famous investors held it, including Bill Gates / Michael Larson (1.0% of Gates Foundation Trust's portfolio), Mario Gabelli (0.1% of GAMCO Investors's portfolio) and Ron Baron (0.1% of Baron Capital (BAMCO)'s portfolio).
- Company
- Waste Connections Inc.
- CUSIP
- 94106B101
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 67 | $232.2M |
| Exits | 79 | $1.1B |
All 13F filers, Q2 2025 → Q3 2025: 17,012,639 shares bought and 22,109,894 shares sold, net −5,097,255 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 749 holders
| Vanguard Group Inc. | 0.08% | Add +2.3% | 31,585,284 | $5.6B |
| Royal Bank of Canada | 0.34% | Reduce -3.6% | 10,785,192 | $1.9B |
| FMR LLC | 0.10% | Add +88.4% | 10,378,646 | $1.8B |
| Bank of Montreal | 0.67% | Add +6.6% | 8,859,127 | $1.6B |
| BlackRock, Inc. | 0.02% | Reduce -10.5% | 6,669,083 | $1.2B |
| WCM Investment Management, LLC | 2.34% | Reduce -0.6% | 6,462,113 | $1.1B |
| Mackenzie Financial Corp. | 1.31% | Add +17.6% | 6,136,218 | $1.1B |
| Capital International Investors | 0.14% | Reduce -16.0% | 5,047,338 | $887.0M |
| Wellington Management Group LLP | 0.14% | Add +39.6% | 4,455,162 | $783.2M |
| 1832 Asset Management L.P. | 1.28% | Add +7.6% | 4,298,707 | $755.7M |
| TD Asset Management Inc | 0.55% | Reduce -2.6% | 3,840,804 | $675.3M |
| JPMorgan Chase & Co. | 0.04% | Add +1.0% | 3,474,700 | $610.9M |
| FIL Ltd | 0.47% | Reduce -45.2% | 3,385,613 | $595.2M |
| T. Rowe Price Associates Inc. | 0.06% | Reduce -22.9% | 3,364,748 | $591.5M |
| Pictet Asset Management Holding SA | 0.56% | Reduce -18.9% | 3,318,282 | $583.3M |
| Morgan Stanley | 0.03% | Add +15.5% | 3,066,794 | $539.1M |
| Bank of America Corp. | 0.04% | Reduce -4.0% | 2,916,819 | $512.8M |
| Manufacturers Life Insurance Company, The | 0.41% | Add +14.2% | 2,791,100 | $490.8M |
| Fiera Capital Corp | 1.53% | Add +9.5% | 2,694,480 | $473.5M |
| Stockbridge Partners LLC | 7.60% | Add +4.5% | 2,234,527 | $392.8M |
| National Bank of Canada | 0.44% | Reduce -17.1% | 2,225,667 | $388.8M |
| Montrusco Bolton Investments Inc. | 4.47% | Reduce -2.3% | 2,252,933 | $384.2M |
| Gates Foundation Trust | 0.98% | Reduce -5.1% | 2,039,175 | $358.5M |
| CIBC Asset Management Inc | 1.02% | Add +55.7% | 1,991,112 | $350.6M |
| Principal Financial Group Inc. | 0.17% | Reduce -0.9% | 1,932,686 | $339.8M |
| State Street Corp. | 0.01% | Add +3.9% | 1,878,261 | $330.2M |
| Goldman Sachs Group Inc. | 0.05% | Reduce -5.7% | 1,834,668 | $322.5M |
| Cibc World Market Inc. | 0.65% | Add +3.6% | 1,790,593 | $314.7M |
| Two Sigma Advisers, LP | 0.54% | Add +46.4% | 1,527,750 | $268.6M |
| Nuveen, LLC | 0.07% | Reduce -35.6% | 1,492,971 | $262.5M |
| Canada Pension Plan Investment Board | 0.16% | Add +6.3% | 1,311,487 | $230.5M |
| Public Employees Retirement Association of Colorado | 0.84% | Reduce -0.9% | 1,306,163 | $229.6M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.71% | Reduce -37.3% | 1,273,481 | $223.8M |
| Brown Advisory Inc. | 0.29% | Add +0.3% | 1,264,571 | $222.3M |
| Two Sigma Investments, LP | 0.36% | Add +31.3% | 1,263,918 | $222.2M |
| Legal & General Group Plc | 0.05% | Add +14.6% | 1,254,625 | $220.5M |
| Neuberger Berman Group LLC | 0.16% | Reduce -8.9% | 1,240,752 | $218.1M |
| Franklin Resources Inc. | 0.05% | Reduce -9.5% | 1,212,565 | $213.2M |
| Sands Capital Management, LLC | 0.57% | Add +5.6% | 1,183,194 | $208.0M |
| Macquarie Group Ltd. | 0.24% | Reduce -18.1% | 1,163,354 | $204.5M |
| DF Dent & Co. Inc. | 2.64% | Reduce -4.8% | 1,162,958 | $204.4M |
| King Luther Capital Management Corp. | 0.82% | Reduce -0.6% | 1,121,736 | $197.2M |
| OMERS ADMINISTRATION Corp | 1.41% | No change | 1,120,652 | $197.0M |
| Raymond James Financial Inc. | 0.06% | Reduce -15.3% | 1,092,768 | $192.1M |
| Storebrand Asset Management As | 0.47% | Add +13.0% | 998,542 | $175.5M |
| Clearbridge Investments, LLC | 0.12% | Add +6.8% | 934,058 | $164.2M |
| Northern Trust Corp. | 0.02% | Add +0.7% | 863,238 | $151.8M |
| Geode Capital Management, LLC | 0.01% | Add +6.7% | 823,960 | $151.7M |
| Agf Management Ltd. | 0.67% | Add +32.2% | 861,240 | $151.4M |
| Arrowstreet Capital, Limited Partnership | 0.09% | Reduce -27.0% | 837,335 | $147.2M |
| UBS Group AG | 0.03% | Add +55.4% | 784,639 | $137.9M |
| Snyder Capital Management L P | 2.56% | Add +13.1% | 769,446 | $135.3M |
| Swiss National Bank | 0.08% | Reduce -4.8% | 744,845 | $130.9M |
| T. Rowe Price Investment Management, Inc. | 0.08% | Reduce -49.1% | 734,871 | $129.2M |
| Ameriprise Financial Inc. | 0.03% | Reduce -6.2% | 676,824 | $127.2M |
| Findlay Park Partners LLP | 1.33% | Reduce -1.8% | 721,958 | $126.9M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.71% | Add +4.1% | 709,903 | $124.8M |
| Skye Global Management LP | 2.42% | Add +15.3% | 682,500 | $120.0M |
| Silvercrest Asset Management Group LLC | 0.79% | Add +1.2% | 680,825 | $119.7M |
| Toronto Dominion Bank | 0.23% | Add +21.5% | 671,838 | $118.1M |
| Rathbones Group PLC | 0.47% | Add +2.4% | 661,576 | $116.3M |
| TCW Group Inc. | 0.96% | Reduce -4.3% | 652,199 | $114.7M |
| Deutsche Bank AG | 0.04% | Reduce -27.0% | 650,210 | $114.3M |
| Impax Asset Management Group plc | 0.66% | Add +3.3% | 653,811 | $113.2M |
| Schroder Investment Management Group | 0.09% | Reduce -36.4% | 649,117 | $113.1M |
| EULAV Asset Management | 2.54% | No change | 620,713 | $109.1M |
| Charles Schwab Investment Management Inc. | 0.02% | Reduce -0.6% | 609,212 | $107.1M |
| Dimensional Fund Advisors LP | 0.02% | Add +16.5% | 604,170 | $106.2M |
| Baird Financial Group, Inc. | 0.16% | Add +0.3% | 577,005 | $101.4M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.09% | Add +6.9% | 575,561 | $101.2M |
| Amundi | 0.03% | Add +19.2% | 573,855 | $100.2M |
| Picton Mahoney Asset Management | 1.22% | Reduce -28.7% | 540,326 | $95.0M |
| DekaBank Deutsche Girozentrale | 0.16% | No change | 534,779 | $94.0M |
| Voloridge Investment Management, LLC | 0.31% | Add +49.8% | 525,862 | $92.4M |
| Allianz Asset Management GmbH | 0.11% | Reduce -3.2% | 486,534 | $85.6M |
| Envestnet Asset Management Inc. | 0.02% | Add +3.4% | 483,286 | $85.0M |
| Allspring Global Investments Holdings, LLC | 0.13% | Reduce -1.8% | 463,185 | $81.1M |
| Bank of Nova Scotia | 0.14% | Reduce -12.7% | 440,269 | $77.4M |
| Scotia Capital Inc. | 0.32% | Add +1.2% | 432,490 | $76.0M |
| Mufg Securities (canada), LTD. | 2.10% | Reduce -2.4% | 427,573 | $75.2M |
| Qube Research & Technologies Ltd | 0.11% | Reduce -14.9% | 427,077 | $75.1M |
| TD Waterhouse Canada Inc. | 0.47% | Add +8.6% | 417,987 | $72.2M |
| Davis R M Inc. | 1.22% | Reduce -0.4% | 396,441 | $69.7M |
| Massachusetts Financial Services Co. | 0.02% | Reduce -9.0% | 394,299 | $69.3M |
| National Pension Service | 0.05% | Add +2.3% | 385,446 | $67.8M |
| Tandem Investment Advisors, Inc. | 2.28% | Add +1.2% | 379,332 | $66.7M |
| Citadel Advisors | 0.05% | Add +10055.9% | 352,512 | $62.0M |
| Argent Capital Management LLC | 1.67% | Reduce -1.2% | 348,681 | $61.3M |
| Nicholas Company, Inc. | 1.01% | Reduce -1.7% | 339,162 | $59.6M |
| Premier Fund Managers Ltd | 2.38% | Add +0.1% | 332,721 | $58.0M |
| Sumitomo Mitsui Trust Group, Inc. | 0.03% | Add +8.7% | 327,140 | $57.5M |
| Bank of New York Mellon Corp | 0.01% | Reduce -19.6% | 313,589 | $55.1M |
| Eventide Asset Management, LLC | 0.89% | Add +0.1% | 309,521 | $54.4M |
| California State Teachers Retirement System | 0.05% | Add +0.7% | 295,000 | $51.9M |
| Russell Investments Group, Ltd. | 0.06% | Reduce -10.7% | 293,225 | $51.5M |
| Addenda Capital Inc. | 1.52% | Reduce -0.5% | 210,050 | $51.4M |
| Jane Street Group, LLC | 0.06% | Add +437.9% | 291,319 | $51.2M |
| Baskin Financial Services Inc. | 3.76% | Add +0.0% | 291,312 | $51.2M |
| Westfield Capital Management Co. LP | 0.21% | Reduce -13.8% | 288,730 | $50.8M |
| Federation des caisses Desjardins du Quebec | 0.20% | Reduce -2.2% | 292,414 | $50.5M |
"% of holder's portfolio" is WCN's weight in each manager's 13F, not the share of Waste Connections Inc. the manager owns.