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GFL Environmental Inc.

GFL
Exchange
NYSE
Industry
Refuse Systems
SEC CIK
0001780232

No open-market purchases or sales by GFL Environmental Inc. insiders were filed in the last 90 days; 327 institutions reported holding it in 13F filings for Q2 2026, worth $10.1B in total; superinvestors Maverick Capital and Soros Fund Management hold it.

13F holders, Q1 2025

Institutional positions in GFL Environmental Inc. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
320
+39 vs. Q4 2024
Shares held
262.1M
+32.0M (+13.9%) vs. Q4 2024
Total value
$12.4B
+$2.17B (+21.1%) vs. Q4 2024
New holders
72
99 more added
Sold out
33
115 more reduced

6 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting GFL on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 320 institutions
Q1 2021: 128 institutionsQ2 2021: 141 institutionsQ3 2021: 138 institutionsQ4 2021: 172 institutionsQ1 2022: 174 institutionsQ2 2022: 179 institutionsQ3 2022: 169 institutionsQ4 2022: 179 institutionsQ1 2023: 188 institutionsQ2 2023: 220 institutionsQ3 2023: 205 institutionsQ4 2023: 211 institutionsQ1 2024: 235 institutionsQ2 2024: 254 institutionsQ3 2024: 267 institutionsQ4 2024: 287 institutionsQ1 2025: 320 institutionsQ2 2025: 311 institutionsQ3 2025: 300 institutionsQ4 2025: 329 institutionsQ1 2026: 328 institutionsQ2 2026: 327 institutions
Value heldQ1 2025: $12.4B
Q1 2021: $6.47BQ2 2021: $6.21BQ3 2021: $7.28BQ4 2021: $7.88BQ1 2022: $6.92BQ2 2022: $5.54BQ3 2022: $5.28BQ4 2022: $6.29BQ1 2023: $7.75BQ2 2023: $8.90BQ3 2023: $7.35BQ4 2023: $8.20BQ1 2024: $7.44BQ2 2024: $9.80BQ3 2024: $10.5BQ4 2024: $11.9BQ1 2025: $12.4BQ2 2025: $12.6BQ3 2025: $11.1BQ4 2025: $10.7BQ1 2026: $10.4BQ2 2026: $10.1B
Institutions holding GFL and their total value by quarter
QuarterHoldersValue
Q2 2026327$10.1B
Q1 2026328$10.4B
Q4 2025329$10.7B
Q3 2025300$11.1B
Q2 2025311$12.6B
Q1 2025320$12.4B
Q4 2024287$11.9B
Q3 2024267$10.5B
Q2 2024254$9.80B
Q1 2024235$7.44B
Q4 2023211$8.20B
Q3 2023205$7.35B
Q2 2023220$8.90B
Q1 2023188$7.75B
Q4 2022179$6.29B
Q3 2022169$5.28B
Q2 2022179$5.54B
Q1 2022174$6.92B
Q4 2021172$7.88B
Q3 2021138$7.28B
Q2 2021141$6.21B
Q1 2021128$6.47B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding GFL Environmental Inc.; share changes are against Q4 2024.

Institutions holding GFL in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
FMR LLC35,015,307$1.69B0.11%+7,350,629+26.6%Added
BC Partners PE LP35,337,520$1.47B17.03%+35,337,520New
Ontario Teachers Pension Plan Board26,441,513$1.28B19.63%−8,915,854−25.2%Reduced
Capital Research Global Investors18,532,208$895.3M0.19%−8,441,576−31.3%Reduced
Massachusetts Financial Services Co10,591,706$511.7M0.17%−431,864−3.9%Reduced
Pictet Asset Management Holding SA10,471,414$505.9M0.56%−362,535−3.3%Reduced
Fred Alger Management, LLC9,455,847$456.8M2.60%−955,301−9.2%Reduced
Vanguard Group Inc8,843,436$427.2M0.01%+146,256+1.7%Added
Royal Bank of Canada7,883,481$380.9M0.09%+334,218+4.4%Added
Beutel, Goodman & Co Ltd.6,111,425$295.2M1.70%−154,543−2.5%Reduced
Nordea Investment Management AB5,017,799$236.8M0.25%+153,244+3.2%Added
American Century Companies Inc4,515,302$218.1M0.13%+2,102,663+87.2%Added
Clarkston Capital Partners, LLC4,508,270$217.8M4.30%−810,340−15.2%Reduced
Maverick Capital LtdSuperinvestorMaverick Capital4,301,966$207.8M3.74%+523,360+13.9%Added
Morgan Stanley3,902,917$188.5M0.01%−14,013−0.4%Reduced
Deutsche Bank AG3,821,714$184.6M0.07%−36,664−1.0%Reduced
CIBC Asset Management Inc3,087,320$149.2M0.50%+1,132,353+57.9%Added
Soros Fund Management LLCSuperinvestorSoros Fund Management3,043,290$147.0M2.62%−160,614−5.0%Reduced
Norges Bank2,912,208$140.7M0.02%+73,542+2.6%Added
BlackRock, Inc.2,268,272$109.6M0.00%−475,959−17.3%Reduced
Wellington Management Group LLP2,068,062$99.9M0.02%−27,635−1.3%Reduced
Brown Brothers Harriman & Co1,728,582$83.5M0.58%+197,338+12.9%Added
Progeny 3, Inc.1,717,100$83.0M5.71%+698,800+68.6%Added
Geode Capital Management, LLC1,433,586$68.8M0.01%+159,090+12.5%Added
Jennison Associates LLC1,368,779$66.1M0.05%−175,911−11.4%Reduced
Bank of Montreal1,341,897$64.8M0.03%+117,569+9.6%Added
TD Asset Management Inc1,330,765$64.3M0.06%+212,844+19.0%Added
Cohen & Steers, Inc.1,274,880$61.6M0.11%+118,505+10.2%Added
Connor, Clark & Lunn Investment Management Ltd.1,131,798$54.7M0.24%−160,621−12.4%Reduced
Canada Pension Plan Investment Board1,089,215$52.6M0.05%+549,309+101.7%Added
Freestone Grove Partners LP1,078,031$52.1M0.54%+1,078,031New
Primecap Management Co1,051,200$50.8M0.04%00.0%Unchanged
Caisse de Depot Et Placement du Quebec1,018,512$49.2M0.10%+197,242+24.0%Added
TimesSquare Capital Management, LLC1,014,099$49.0M0.79%+306,809+43.4%Added
ADW Capital Partners, L.P.1,010,000$48.8M15.83%+20,000+2.0%Added
Mitsubishi UFJ Trust & Banking Corp997,893$48.5M0.13%−461,412−31.6%Reduced
Paralel Advisors LLC1,000,000$48.3M2.01%00.0%Unchanged
Alberta Investment Management Corp906,000$43.8M0.30%00.0%Unchanged
JPMorgan Chase & Co889,663$43.0M0.00%−79,006−8.2%Reduced
Bank of America Corp866,144$41.8M0.00%−7,628−0.9%Reduced
ArrowMark Colorado Holdings LLC847,808$41.0M0.66%−56,790−6.3%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main840,648$40.6M0.05%+181,273+27.5%Added
SEI Investments Co839,783$40.6M0.05%−71,833−7.9%Reduced
Man Group plc806,987$39.0M0.12%+513,822+175.3%Added
Neuberger Berman Group LLC789,537$38.1M0.03%−138,081−14.9%Reduced
Northern Trust Corp768,936$37.1M0.01%+249,233+48.0%Added
Copeland Capital Management, LLC729,884$35.3M0.71%−175,699−19.4%Reduced
Goldman Sachs Group Inc714,438$34.5M0.01%+346,394+94.1%Added
Manufacturers Life Insurance Company, The682,209$33.1M0.03%+17,322+2.6%Added
Legal & General Group Plc683,571$33.0M0.01%+21,886+3.3%Added
Robeco Schweiz AG677,378$32.7M0.81%+677,378New
Swiss National Bank651,700$31.5M0.02%−12,900−1.9%Reduced
Point72 Asset Management, L.P.589,873$28.5M0.08%−492,701−45.5%Reduced
Citadel Advisors LLC574,957$27.8M0.03%−1,294,570−69.2%Reduced
Millennium Management LLC569,343$27.5M0.03%−1,224,789−68.3%Reduced
1832 Asset Management L.P.562,000$27.2M0.05%+562,000New
Ghisallo Capital Management LLC550,000$26.6M2.31%+550,000New
Bornite Capital Management LP539,700$26.1M6.71%+539,700New
Russell Investments Group, Ltd.535,174$25.9M0.04%−167,433−23.8%Reduced
Qube Research & Technologies Ltd531,806$25.7M0.04%+58,514+12.4%Added
Hood River Capital Management LLC513,075$24.8M0.42%+59,168+13.0%Added
Advent International Corp509,750$24.6M0.78%+168,953+49.6%Added
Charles Schwab Investment Management Inc498,847$24.1M0.00%−11,681−2.3%Reduced
Dimensional Fund Advisors LP487,067$23.5M0.01%−74,269−13.2%Reduced
Franklin Resources Inc479,711$23.2M0.01%+38,382+8.7%Added
Marshall Wace, LLP469,894$22.7M0.03%−759,125−61.8%Reduced
UBS Asset Management Americas Inc458,936$22.2M0.01%+14,252+3.2%Added
Yaupon Capital Management LP433,046$20.9M1.54%+257,623+146.9%Added
Barton Investment Management417,878$20.2M2.48%+3,280+0.8%Added
Nuveen, LLC411,681$19.9M0.01%+411,681New
Kornitzer Capital Management Inc399,070$19.3M0.40%−52,827−11.7%Reduced
Duff & Phelps Investment Management Co381,231$18.4M0.22%+39,411+11.5%Added
Moore Capital Management, LP373,698$18.1M0.60%+44,699+13.6%Added
Forge First Asset Management Inc.372,000$18.0M7.83%+304,225+448.9%Added
Vestcor Inc371,315$17.9M0.60%+17,900+5.1%Added
Jain Global LLC345,189$16.7M0.34%+345,189New
Addenda Capital Inc.237,960$16.5M0.61%−25,390−9.6%Reduced
Bank of Nova Scotia338,904$16.4M0.04%−757−0.2%Reduced
Squarepoint Ops LLC328,009$15.8M0.04%+299,114+1,035.2%Added
CIBC World Markets Inc.325,387$15.7M0.04%−14,517−4.3%Reduced
National Bank of Canada319,405$15.2M0.02%+58,730+22.5%Added
Tudor Investment Corp Et Al294,175$14.2M0.13%+276,261+1,542.2%Added
Raymond James Financial Inc289,201$14.0M0.01%−133,702−31.6%Reduced
Mackenzie Financial Corp278,948$13.5M0.02%+47,600+20.6%Added
Loomis Sayles & Co L P262,950$12.7M0.02%−71,487−21.4%Reduced
Munro Partners245,922$11.9M0.56%−11,308−4.4%Reduced
Susquehanna International Group, LLP235,108$11.4M0.02%+235,108New
Ci Investments Inc.229,896$11.1M0.05%−26,261−10.3%Reduced
Two Sigma Investments, LP223,422$10.8M0.02%+223,422New
Norwood Investment Partners, LP220,000$10.6M9.48%+220,000New
Schwartz Investment Counsel Inc210,722$10.2M0.35%00.0%Unchanged
Burkehill Global Management, LP200,000$9.66M0.72%+200,000New
Centaurus Financial, Inc.199,955$9.66M0.58%−7,901−3.8%Reduced
Verde Servicos Internacionais S.A.195,385$9.44M5.39%+195,385New
Bank of New York Mellon Corp192,306$9.29M0.00%+4,981+2.7%Added
J. Safra Sarasin Holding AG189,720$9.17M0.17%+29,139+18.1%Added
Huntington National Bank186,200$9.00M0.07%00.0%Unchanged
Envestnet Asset Management Inc177,253$8.56M0.00%−29,904−14.4%Reduced
Generate Investment Management Ltd170,599$8.24M0.58%−167,100−49.5%Reduced
APG Asset Management N.V.181,800$8.13M0.03%+8,800+5.1%Added