Waste ConnectionsWCN
13F holders, Q4 2025 (December 31)814holders +65
94new positions
58sold out
12famous investors
$175.72avg. 13F price*
At the end of Q4 2025, 814 institutions reported holding Waste Connections Inc. (WCN) in their 13F filings, up 65 from Q3 2025. 94 opened new positions and 58 sold out. The largest holders were Vanguard Group Inc. ($5.5B), Royal Bank of Canada ($2.1B) and FMR LLC ($1.8B). 12 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 Ken Griffin (0.1% 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 Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 94 | $295.1M |
| Exits | 58 | $114.8M |
All 13F filers, Q3 2025 → Q4 2025: 15,997,358 shares bought and 14,157,439 shares sold, net +1,839,919 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 814 holders
| Vanguard Group Inc. | 0.08% | Reduce -1.3% | 31,162,831 | $5.5B |
| Royal Bank of Canada | 0.37% | Add +11.7% | 12,043,398 | $2.1B |
| FMR LLC | 0.09% | Reduce -1.1% | 10,264,482 | $1.8B |
| Bank of Montreal | 0.62% | Reduce -2.8% | 8,607,580 | $1.5B |
| Capital International Investors | 0.18% | Add +28.1% | 6,468,259 | $1.1B |
| WCM Investment Management, LLC | 2.31% | Reduce -2.7% | 6,286,390 | $1.1B |
| BlackRock, Inc. | 0.02% | Reduce -11.1% | 5,930,912 | $1.0B |
| Mackenzie Financial Corp. | 1.18% | Reduce -8.4% | 5,619,426 | $999.6M |
| 1832 Asset Management L.P. | 1.27% | Add +31.5% | 5,652,029 | $991.1M |
| JPMorgan Chase & Co. | 0.06% | Add +37.1% | 4,763,742 | $835.4M |
| Wellington Management Group LLP | 0.14% | Add +5.0% | 4,675,737 | $819.9M |
| Norges Bank | 0.07% | — | 3,977,490 | $697.5M |
| TD Asset Management Inc | 0.54% | Add +0.1% | 3,845,277 | $675.2M |
| Pictet Asset Management Holding SA | 0.60% | Add +5.7% | 3,508,405 | $615.3M |
| Bank of America Corp. | 0.04% | Add +15.5% | 3,368,882 | $590.8M |
| Morgan Stanley | 0.03% | Reduce -0.8% | 3,043,147 | $533.6M |
| Goldman Sachs Group Inc. | 0.07% | Add +58.1% | 2,900,763 | $508.7M |
| Fiera Capital Corp | 1.54% | Add +2.6% | 2,764,876 | $485.1M |
| T. Rowe Price Associates Inc. | 0.05% | Reduce -20.7% | 2,669,720 | $468.2M |
| Manufacturers Life Insurance Company, The | 0.37% | Reduce -10.3% | 2,505,148 | $440.2M |
| Stockbridge Partners LLC | 9.14% | Add +5.9% | 2,367,313 | $415.1M |
| Montrusco Bolton Investments Inc. | 4.96% | Add +4.1% | 2,345,566 | $397.9M |
| National Bank of Canada | 0.37% | Reduce -6.3% | 2,084,573 | $363.8M |
| Cibc World Market Inc. | 0.64% | Add +14.2% | 2,044,769 | $358.7M |
| Gates Foundation Trust | 1.01% | No change | 2,039,175 | $357.6M |
| CIBC Asset Management Inc | 0.83% | Reduce -1.4% | 1,962,470 | $345.3M |
| State Street Corp. | 0.01% | Add +1.5% | 1,906,681 | $334.4M |
| Principal Financial Group Inc. | 0.16% | Reduce -6.4% | 1,808,741 | $317.2M |
| Brown Advisory Inc. | 0.41% | Add +32.7% | 1,677,773 | $294.2M |
| Canada Pension Plan Investment Board | 0.18% | Add +19.9% | 1,573,111 | $275.9M |
| Two Sigma Advisers, LP | 0.52% | Reduce -0.4% | 1,522,150 | $266.9M |
| Nuveen, LLC | 0.06% | Reduce -8.8% | 1,361,006 | $238.7M |
| Deutsche Bank AG | 0.08% | Add +105.2% | 1,334,098 | $233.9M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.61% | Add +4.3% | 1,327,867 | $232.9M |
| Legal & General Group Plc | 0.05% | Add +2.7% | 1,288,466 | $226.1M |
| Public Employees Retirement Association of Colorado | 0.79% | Reduce -6.7% | 1,218,929 | $213.8M |
| Neuberger Berman Group LLC | 0.16% | Reduce -3.7% | 1,195,103 | $209.6M |
| King Luther Capital Management Corp. | 0.81% | Reduce -0.0% | 1,121,255 | $196.6M |
| OMERS ADMINISTRATION Corp | 1.40% | Reduce -0.4% | 1,116,452 | $195.8M |
| Nomura Asset Management International Inc. | 0.29% | — | 1,086,213 | $190.5M |
| Raymond James Financial Inc. | 0.06% | Reduce -1.8% | 1,072,940 | $189.7M |
| Two Sigma Investments, LP | 0.30% | Reduce -14.6% | 1,079,135 | $189.2M |
| Franklin Resources Inc. | 0.05% | Reduce -11.9% | 1,067,651 | $187.2M |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | 0.98% | Add +49.6% | 1,062,292 | $186.3M |
| DF Dent & Co. Inc. | 2.63% | Reduce -10.5% | 1,040,943 | $182.5M |
| Citadel Advisors | 0.13% | Add +193.5% | 1,034,755 | $181.5M |
| Storebrand Asset Management As | 0.47% | Add +0.3% | 1,001,326 | $175.6M |
| Sands Capital Management, LLC | 0.52% | Reduce -18.4% | 965,880 | $169.4M |
| Geode Capital Management, LLC | 0.01% | Add +6.0% | 873,578 | $160.5M |
| Clearbridge Investments, LLC | 0.13% | Reduce -2.9% | 907,316 | $159.1M |
| Skye Global Management LP | 3.16% | Add +30.7% | 892,000 | $156.4M |
| Northern Trust Corp. | 0.02% | Reduce -1.3% | 851,725 | $149.4M |
| FIL Ltd | 0.11% | Reduce -75.3% | 835,391 | $146.5M |
| Toronto Dominion Bank | 0.25% | Add +20.1% | 806,698 | $141.5M |
| Snyder Capital Management L P | 2.58% | Add +2.6% | 789,117 | $138.4M |
| AQR Capital Management | 0.07% | Add +326.9% | 775,312 | $136.0M |
| Agf Management Ltd. | 0.59% | Reduce -10.9% | 766,893 | $134.5M |
| UBS Group AG | 0.03% | Reduce -3.2% | 759,761 | $133.2M |
| Federation des caisses Desjardins du Quebec | 0.50% | Add +158.6% | 756,236 | $131.2M |
| Swiss National Bank | 0.07% | Reduce -5.3% | 705,645 | $123.7M |
| Arrowstreet Capital, Limited Partnership | 0.07% | Reduce -16.0% | 703,033 | $123.3M |
| Rathbones Group PLC | 0.46% | Add +1.2% | 669,442 | $117.4M |
| Silvercrest Asset Management Group LLC | 0.78% | Reduce -4.6% | 649,592 | $113.9M |
| Picton Mahoney Asset Management | 1.23% | Add +18.7% | 641,243 | $112.6M |
| Baird Financial Group, Inc. | 0.17% | Add +10.4% | 637,323 | $111.8M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +3.1% | 628,277 | $110.3M |
| Dimensional Fund Advisors LP | 0.02% | Add +3.0% | 622,612 | $109.2M |
| TCW Group Inc. | 0.77% | Reduce -6.1% | 612,177 | $107.4M |
| Findlay Park Partners LLP | 1.34% | Reduce -16.8% | 600,458 | $105.3M |
| Amundi | 0.03% | Add +4.5% | 599,586 | $105.1M |
| EULAV Asset Management | 2.76% | Reduce -4.8% | 590,713 | $103.6M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.09% | Reduce -0.4% | 573,232 | $100.5M |
| Schroder Investment Management Group | 0.07% | Reduce -15.7% | 547,482 | $97.5M |
| DekaBank Deutsche Girozentrale | 0.17% | No change | 534,779 | $96.3M |
| BCV Asset Management Inc. | 2.34% | — | 414,046 | $92.6M |
| Impax Asset Management Group plc | 0.53% | Reduce -26.3% | 481,705 | $84.5M |
| Balyasny Asset Management L.P. | 0.16% | Add +130.4% | 469,105 | $82.3M |
| Scotia Capital Inc. | 0.33% | Add +8.8% | 470,499 | $81.7M |
| Envestnet Asset Management Inc. | 0.02% | Reduce -5.7% | 455,650 | $79.9M |
| Allianz Asset Management GmbH | 0.09% | Reduce -6.9% | 452,932 | $79.5M |
| Nicholas Company, Inc. | 1.38% | Add +32.4% | 449,112 | $78.8M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.09% | New | 437,550 | $76.9M |
| Ameriprise Financial Inc. | 0.02% | Reduce -41.8% | 394,025 | $76.9M |
| PGGM Investments | 1.18% | Add +66.7% | 423,659 | $74.3M |
| Champlain Investment Partners, LLC | 0.73% | New | 412,335 | $72.3M |
| National Pension Service | 0.05% | Add +4.5% | 402,969 | $70.7M |
| Davis R M Inc. | 1.18% | Reduce -1.4% | 390,930 | $68.6M |
| Mufg Securities (canada), LTD. | 1.90% | Reduce -8.9% | 389,553 | $68.3M |
| Massachusetts Financial Services Co. | 0.02% | Reduce -1.7% | 387,552 | $68.0M |
| Tandem Investment Advisors, Inc. | 2.37% | Reduce -4.4% | 362,780 | $63.6M |
| TD Waterhouse Canada Inc. | 0.39% | Reduce -12.8% | 364,682 | $63.2M |
| Voloridge Investment Management, LLC | 0.22% | Reduce -32.2% | 356,705 | $62.6M |
| Invesco Ltd. | 0.01% | Add +87.5% | 354,424 | $62.2M |
| Marshall Wace, LLP | 0.06% | Add +26.9% | 340,628 | $59.7M |
| Argent Capital Management LLC | 1.68% | Reduce -3.0% | 338,295 | $59.3M |
| Sei Investments Co. | 0.06% | Add +25.3% | 322,435 | $56.5M |
| Bank of New York Mellon Corp | 0.01% | Add +2.3% | 320,657 | $56.2M |
| Westfield Capital Management Co. LP | 0.23% | Add +8.5% | 313,276 | $54.9M |
| Sumitomo Mitsui Trust Group, Inc. | 0.03% | Reduce -4.9% | 311,161 | $54.6M |
| Eventide Asset Management, LLC | 0.85% | Add +0.2% | 310,111 | $54.4M |
"% of holder's portfolio" is WCN's weight in each manager's 13F, not the share of Waste Connections Inc. the manager owns.