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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, Q3 2025

Institutional positions in GFL Environmental Inc. as of Sep 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
300
−7 vs. Q2 2025
Shares held
240.3M
−11.3M (−4.5%) vs. Q2 2025
Total value
$11.1B
−$1.30B (−10.5%) vs. Q2 2025
New holders
32
111 more added
Sold out
39
108 more reduced

4 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 300 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 heldQ3 2025: $11.1B
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, Q3 2025

Shares, value and share of portfolio for each institution holding GFL Environmental Inc.; share changes are against Q2 2025.

Institutions holding GFL in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
BC Partners PE LP35,337,520$1.42B15.66%00.0%Unchanged
FMR LLC27,111,683$1.28B0.07%−6,957,400−20.4%Reduced
Ontario Teachers Pension Plan Board24,297,510$1.15B26.57%−2,144,003−8.1%Reduced
Capital Research Global Investors18,595,696$881.1M0.17%−499,035−2.6%Reduced
Vanguard Group Inc11,059,655$524.2M0.01%+166,175+1.5%Added
Massachusetts Financial Services Co10,224,632$484.4M0.15%−382,194−3.6%Reduced
Pictet Asset Management Holding SA8,326,029$394.5M0.38%−817,916−8.9%Reduced
Royal Bank of Canada7,839,885$371.5M0.07%−112,907−1.4%Reduced
American Century Companies Inc6,023,139$285.4M0.15%+1,225,108+25.5%Added
Fred Alger Management, LLC5,628,744$266.7M1.04%−2,493,514−30.7%Reduced
Beutel, Goodman & Co Ltd.5,456,285$258.7M1.56%−457,045−7.7%Reduced
Nordea Investment Management AB4,741,512$221.8M0.19%−140,254−2.9%Reduced
CIBC Asset Management Inc4,054,084$192.0M0.56%+38,966+1.0%Added
Deutsche Bank AG4,040,556$191.4M0.06%+368,519+10.0%Added
Morgan Stanley3,932,626$186.3M0.01%+213,553+5.7%Added
Clarkston Capital Partners, LLC2,860,060$135.5M2.92%−204,460−6.7%Reduced
Millennium Management LLC2,412,497$114.3M0.09%+929,206+62.6%Added
BlackRock, Inc.2,147,949$101.8M0.00%−122,334−5.4%Reduced
Geode Capital Management, LLC2,086,454$98.3M0.01%+494,201+31.0%Added
Wellington Management Group LLP2,011,580$95.3M0.02%−37,999−1.9%Reduced
Progeny 3, Inc.1,953,680$92.6M4.77%+122,280+6.7%Added
UBS Group AG1,946,471$92.2M0.02%+1,305,953+203.9%Added
Brown Brothers Harriman & Co1,871,190$88.7M0.54%+55,770+3.1%Added
Maverick Capital LtdSuperinvestorMaverick Capital1,586,998$75.2M1.01%−1,213,458−43.3%Reduced
Bank of Montreal1,535,406$72.8M0.03%+111,714+7.8%Added
JPMorgan Chase & Co1,344,569$63.7M0.00%+349,720+35.2%Added
Point72 Asset Management, L.P.1,296,400$61.4M0.13%+794,000+158.0%Added
Goldman Sachs Group Inc1,262,617$59.8M0.01%−179,698−12.5%Reduced
Caisse de Depot Et Placement du Quebec1,118,585$53.0M0.10%−66,015−5.6%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main1,111,846$52.7M0.05%+244,078+28.1%Added
Legal & General Group Plc1,093,880$51.9M0.01%+317,537+40.9%Added
TimesSquare Capital Management, LLC1,087,968$51.5M0.74%+58,872+5.7%Added
TD Asset Management Inc1,078,101$51.1M0.04%−114,618−9.6%Reduced
ADW Capital Partners, L.P.1,010,000$47.9M27.36%00.0%Unchanged
Paralel Advisors LLC1,000,000$47.4M1.85%00.0%Unchanged
Bank of America Corp974,947$46.2M0.00%+155,544+19.0%Added
Canada Pension Plan Investment Board965,151$45.7M0.03%−200,592−17.2%Reduced
Soros Fund Management LLCSuperinvestorSoros Fund Management875,000$41.5M0.66%−1,977,374−69.3%Reduced
Connor, Clark & Lunn Investment Management Ltd.781,168$37.0M0.12%+63,357+8.8%Added
Alberta Investment Management Corp770,000$36.5M0.26%−156,000−16.8%Reduced
Bornite Capital Management LP742,400$35.2M3.27%+21,900+3.0%Added
Swiss National Bank710,600$33.7M0.02%+71,100+11.1%Added
Jennison Associates LLC710,577$33.7M0.02%−557,077−43.9%Reduced
Manufacturers Life Insurance Company, The687,285$32.6M0.03%+27,178+4.1%Added
Primecap Management Co667,800$31.6M0.02%00.0%Unchanged
ArrowMark Colorado Holdings LLC665,929$31.6M0.59%−20,877−3.0%Reduced
Copeland Capital Management, LLC636,915$30.2M0.63%−12,996−2.0%Reduced
Charles Schwab Investment Management Inc617,526$29.3M0.00%+55,557+9.9%Added
1832 Asset Management L.P.616,200$29.2M0.05%−6,100−1.0%Reduced
Robeco Schweiz AG613,949$29.1M0.65%+71,686+13.2%Added
Neuberger Berman Group LLC592,003$28.0M0.02%−67,901−10.3%Reduced
Two Sigma Investments, LP591,253$28.0M0.04%−20,133−3.3%Reduced
Northern Trust Corp586,571$27.8M0.00%+48,648+9.0%Added
Hood River Capital Management LLC583,870$27.7M0.33%+18,370+3.2%Added
Barclays PLC494,693$23.4M0.01%+77,401+18.5%Added
Dimensional Fund Advisors LP482,335$22.8M0.00%+1,673+0.3%Added
Woodbridge Co Ltd463,635$22.0M0.05%00.0%Unchanged
SEI Investments Co462,497$21.9M0.02%−233,529−33.6%Reduced
Qube Research & Technologies Ltd440,907$20.9M0.03%+25,117+6.0%Added
Barton Investment Management417,298$19.8M2.01%−2,380−0.6%Reduced
Forge First Asset Management Inc.416,100$19.7M9.05%+124,900+42.9%Added
Nuveen, LLC386,632$18.3M0.00%−46,620−10.8%Reduced
Advent International Corp365,000$17.3M0.35%+1000.0%Added
Bank of Nova Scotia357,808$16.9M0.03%+52,121+17.1%Added
Kornitzer Capital Management Inc350,000$16.6M0.33%00.0%Unchanged
Munro Partners344,892$16.3M0.45%+88,725+34.6%Added
Freestone Grove Partners LP340,890$16.2M0.12%+228,445+203.2%Added
Addenda Capital Inc.229,065$15.1M0.45%−2,095−0.9%Reduced
Verde Servicos Internacionais S.A.318,506$15.1M4.30%+145,931+84.6%Added
Vestcor Inc311,815$14.8M0.44%00.0%Unchanged
Mackenzie Financial Corp309,344$14.7M0.02%+8,746+2.9%Added
UBS Asset Management Americas Inc297,300$14.1M0.00%+124,784+72.3%Added
Jane Street Group, LLC296,366$14.0M0.02%+84,710+40.0%Added
Balyasny Asset Management LLC289,670$13.7M0.03%+156,633+117.7%Added
AXA Investment Managers S.A.288,084$13.6M0.04%+288,084New
CIBC World Markets Inc.287,277$13.6M0.03%−26,957−8.6%Reduced
Toronto Dominion Bank283,469$13.4M0.03%+173,204+157.1%Added
Norwood Investment Partners, LP264,800$12.5M10.79%−47,064−15.1%Reduced
Korea Investment CORP262,583$12.4M0.03%+145,484+124.2%Added
Duff & Phelps Investment Management Co257,232$12.2M0.14%−31,893−11.0%Reduced
Cubist Systematic Strategies, LLC255,414$12.1M0.17%−14,108−5.2%Reduced
CIBC Private Wealth Group, LLC250,283$11.9M0.02%+250,000+88,339.2%Added
Ci Investments Inc.233,463$11.1M0.04%+28,962+14.2%Added
Amundi236,905$10.9M0.00%+38,701+19.5%Added
Alliancebernstein L.P.223,470$10.6M0.00%+208,774+1,420.6%Added
Raymond James Financial Inc222,960$10.6M0.00%−11,182−4.8%Reduced
National Bank of Canada218,004$10.3M0.01%+10,570+5.1%Added
Bank of New York Mellon Corp215,346$10.2M0.00%+26,773+14.2%Added
HSBC Holdings PLC211,552$9.99M0.01%+89,092+72.8%Added
Burkehill Global Management, LP200,000$9.48M0.54%00.0%Unchanged
Loomis Sayles & Co L P191,210$9.06M0.01%−32,793−14.6%Reduced
LMR Partners LLP187,359$8.88M0.11%+97,289+108.0%Added
Schwartz Investment Counsel Inc187,341$8.88M0.30%−23,381−11.1%Reduced
Huntington National Bank186,050$8.82M0.05%00.0%Unchanged
Centaurus Financial, Inc.181,930$8.62M0.40%−5,722−3.0%Reduced
Russell Investments Group, Ltd.179,677$8.51M0.01%−22,364−11.1%Reduced
S&CO Inc175,605$8.32M0.51%+61,345+53.7%Added
APG Asset Management N.V.197,800$7.98M0.02%00.0%Unchanged
Generate Investment Management Ltd166,550$7.89M0.40%+166,550New
UniSuper Management Pty Ltd117,967$7.78M0.05%+39,583+50.5%Added