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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, Q2 2025

Institutional positions in GFL Environmental Inc. as of Jun 30, 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
311
−6 vs. Q1 2025
Shares held
255.0M
−7.03M (−2.7%) vs. Q1 2025
Total value
$12.6B
+$191.0M (+1.5%) vs. Q1 2025
New holders
39
104 more added
Sold out
45
128 more reduced

3 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 311 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 heldQ2 2025: $12.6B
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, Q2 2025

Shares, value and share of portfolio for each institution holding GFL Environmental Inc.; share changes are against Q1 2025.

Institutions holding GFL in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Nordea Investment Management AB4,881,766$243.9M0.23%−136,033−2.7%Reduced
Beutel, Goodman & Co Ltd.5,913,330$297.9M1.70%−198,095−3.2%Reduced
Royal Bank of Canada7,952,792$401.3M0.08%+69,311+0.9%Added
Fred Alger Management, LLC8,122,258$409.8M1.83%−1,333,589−14.1%Reduced
Pictet Asset Management Holding SA9,143,945$461.4M0.47%−1,327,469−12.7%Reduced
Massachusetts Financial Services Co10,606,826$535.2M0.17%+15,120+0.1%Added
Vanguard Group Inc10,893,480$549.9M0.01%+2,050,044+23.2%Added
Capital Research Global Investors19,094,731$963.5M0.19%+562,523+3.0%Added
Ontario Teachers Pension Plan Board26,441,513$1.34B27.59%00.0%Unchanged
BC Partners PE LP35,337,520$1.52B15.84%00.0%Unchanged
FMR LLC34,069,083$1.72B0.10%−946,224−2.7%Reduced
Cohen & Steers, Inc.0$00.00%−1,274,880−100.0%Sold out
Mitsubishi UFJ Trust & Banking Corp0$00.00%−997,893−100.0%Sold out
Moore Capital Management, LP0$00.00%−373,698−100.0%Sold out
Tudor Investment Corp Et Al0$00.00%−294,175−100.0%Sold out
Generate Investment Management Ltd0$00.00%−170,599−100.0%Sold out
NewGen Asset Management Ltd0$00.00%−82,500−100.0%Sold out
Lombard Odier Asset Management (USA) Corp0$00.00%−60,000−100.0%Sold out
NRI Wealth Management LC0$00.00%−54,288−100.0%Sold out
Weiss Asset Management LP0$00.00%−50,000−100.0%Sold out
Fortress Investment Group LLC0$00.00%−50,000−100.0%Sold out
Acuitas Investments, LLC0$00.00%−42,300−100.0%Sold out
PDT Partners, LLC0$00.00%−34,492−100.0%Sold out
O'Shaughnessy Asset Management, LLC0$00.00%−31,417−100.0%Sold out
Harbert Fund Advisors, Inc.0$00.00%−30,000−100.0%Sold out
Susquehanna Fundamental Investments, LLC0$00.00%−29,400−100.0%Sold out
PCJ Investment Counsel Ltd.0$00.00%−28,780−100.0%Sold out
One68 Global Capital, LLC0$00.00%−25,414−100.0%Sold out
Pamalican Asset Management Ltd0$00.00%−25,000−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−21,034−100.0%Sold out
Quaero Capital S.A.0$00.00%−20,000−100.0%Sold out
Scientech Research LLC0$00.00%−16,189−100.0%Sold out
ExodusPoint Capital Management, LP0$00.00%−13,000−100.0%Sold out
Caption Management, LLC0$00.00%−12,000−100.0%Sold out
Phraction Management LLC0$00.00%−10,075−100.0%Sold out
Maven Securities LTD0$00.00%−10,000−100.0%Sold out
Element Capital Management LLC0$00.00%−8,946−100.0%Sold out
United Services Automobile Association0$00.00%−7,798−100.0%Sold out
XTX Topco Ltd0$00.00%−5,352−100.0%Sold out
Heights Capital Management, Inc0$00.00%−5,000−100.0%Sold out
BluePath Capital Management, LLC0$00.00%−4,606−100.0%Sold out
Ewing Morris & Co. Investment Partners Ltd.0$00.00%−4,420−100.0%Sold out
Ironwood Investment Counsel, LLC0$00.00%−4,425−100.0%Sold out
Cerity Partners LLC0$00.00%−4,344−100.0%Sold out
Cigna Investments Inc0$00.00%−4,330−100.0%Sold out
Sunbelt Securities, Inc.0$00.00%−1,047−100.0%Sold out
Quadrant Capital Group LLC0$00.00%−627−100.0%Sold out
Optiver Holding B.V.0$00.00%−540−100.0%Sold out
Continuum Advisory, LLC0$00.00%−439−100.0%Sold out
Boston Private Wealth LLC0$00.00%−369−100.0%Sold out
Hexagon Capital Partners LLC0$00.00%−254−100.0%Sold out
AdvisorNet Financial, Inc0$00.00%−120−100.0%Sold out
Coldstream Capital Management Inc0$00.00%−93−100.0%Sold out
Dixon Mitchell Investment Counsel Inc.0$00.00%−70−100.0%Sold out
MPWM Advisory Solutions, LLC0$00.00%−58−100.0%Sold out
Mather Group, LLC.0$00.00%−44−100.0%Sold out
Credit Agricole S A––––Not filed
Lindbrook Capital, LLC––––Not filed
Sofos Investments, Inc.––––Not filed