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, Q4 2025
Institutional positions in GFL Environmental Inc. as of Dec 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
- 329
- +33 vs. Q3 2025
- Shares held
- 251.9M
- +12.5M (+5.2%) vs. Q3 2025
- Total value
- $10.7B
- −$396.6M (−3.6%) vs. Q3 2025
- New holders
- 63
- 111 more added
- Sold out
- 30
- 96 more reduced
4 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 327 | $10.1B |
| Q1 2026 | 328 | $10.4B |
| Q4 2025 | 329 | $10.7B |
| Q3 2025 | 300 | $11.1B |
| Q2 2025 | 311 | $12.6B |
| Q1 2025 | 320 | $12.4B |
| Q4 2024 | 287 | $11.9B |
| Q3 2024 | 267 | $10.5B |
| Q2 2024 | 254 | $9.80B |
| Q1 2024 | 235 | $7.44B |
| Q4 2023 | 211 | $8.20B |
| Q3 2023 | 205 | $7.35B |
| Q2 2023 | 220 | $8.90B |
| Q1 2023 | 188 | $7.75B |
| Q4 2022 | 179 | $6.29B |
| Q3 2022 | 169 | $5.28B |
| Q2 2022 | 179 | $5.54B |
| Q1 2022 | 174 | $6.92B |
| Q4 2021 | 172 | $7.88B |
| Q3 2021 | 138 | $7.28B |
| Q2 2021 | 141 | $6.21B |
| Q1 2021 | 128 | $6.47B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding GFL Environmental Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BC Partners PE LP | 29,912,724 | $1.15B | 16.51% | −5,424,796−15.4% | Reduced |
| FMR LLC | 26,532,066 | $1.14B | 0.06% | −579,617−2.1% | Reduced |
| Ontario Teachers Pension Plan Board | 22,450,784 | $964.4M | 21.44% | −1,846,726−7.6% | Reduced |
| Capital Research Global Investors | 21,863,632 | $939.0M | 0.17% | +3,267,936+17.6% | Added |
| Massachusetts Financial Services Co | 11,201,976 | $481.1M | 0.16% | +977,344+9.6% | Added |
| Vanguard Group Inc | 11,156,675 | $479.3M | 0.01% | +97,020+0.9% | Added |
| Royal Bank of Canada | 9,314,727 | $400.1M | 0.07% | +1,474,842+18.8% | Added |
| Pictet Asset Management Holding SA | 8,511,198 | $365.6M | 0.36% | +185,169+2.2% | Added |
| Beutel, Goodman & Co Ltd. | 7,172,103 | $308.5M | 1.90% | +1,715,818+31.4% | Added |
| Nordea Investment Management AB | 6,673,954 | $290.1M | 0.25% | +1,932,442+40.8% | Added |
| CIBC Asset Management Inc | 5,101,264 | $219.4M | 0.53% | +1,047,180+25.8% | Added |
| Maverick Capital LtdSuperinvestorMaverick Capital | 5,023,417 | $215.8M | 2.32% | +3,436,419+216.5% | Added |
| Fred Alger Management, LLC | 5,023,016 | $215.7M | 0.85% | −605,728−10.8% | Reduced |
| Deutsche Bank AG | 3,873,804 | $166.4M | 0.05% | −166,752−4.1% | Reduced |
| Norges Bank | 3,479,778 | $149.5M | 0.02% | +3,479,778 | New |
| Jane Street Group, LLC | 3,407,588 | $146.4M | 0.17% | +3,111,222+1,049.8% | Added |
| Clarkston Capital Partners, LLC | 2,805,035 | $120.5M | 2.79% | −55,025−1.9% | Reduced |
| Morgan Stanley | 2,731,961 | $117.3M | 0.01% | −1,200,665−30.5% | Reduced |
| Wellington Management Group LLP | 2,668,607 | $114.6M | 0.02% | +657,027+32.7% | Added |
| Millennium Management LLC | 2,539,067 | $109.1M | 0.08% | +126,570+5.2% | Added |
| BlackRock, Inc. | 2,238,728 | $96.2M | 0.00% | +90,779+4.2% | Added |
| Geode Capital Management, LLC | 2,224,997 | $95.2M | 0.01% | +138,543+6.6% | Added |
| Progeny 3, Inc. | 2,042,010 | $87.7M | 4.72% | +88,330+4.5% | Added |
| Bank of Montreal | 1,833,982 | $78.8M | 0.03% | +298,576+19.4% | Added |
| Brown Brothers Harriman & Co | 1,804,927 | $77.5M | 0.42% | −66,263−3.5% | Reduced |
| Point72 Asset Management, L.P. | 1,554,611 | $66.8M | 0.10% | +258,211+19.9% | Added |
| Caisse de Depot Et Placement du Quebec | 1,383,100 | $59.5M | 0.10% | +264,515+23.6% | Added |
| Citadel Advisors LLC | 1,375,115 | $59.1M | 0.04% | +1,234,814+880.1% | Added |
| Bornite Capital Management LP | 1,342,400 | $57.7M | 5.63% | +600,000+80.8% | Added |
| Bank of America Corp | 1,284,165 | $55.2M | 0.00% | +309,218+31.7% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 1,269,504 | $54.5M | 0.05% | +157,658+14.2% | Added |
| Legal & General Group Plc | 1,225,212 | $52.7M | 0.01% | +131,332+12.0% | Added |
| AQR Capital Management LLC | 1,181,049 | $50.7M | 0.03% | +1,170,524+11,121.4% | Added |
| Marshall Wace, LLP | 1,170,208 | $50.3M | 0.05% | +1,138,865+3,633.6% | Added |
| TimesSquare Capital Management, LLC | 1,125,123 | $48.3M | 0.73% | +37,155+3.4% | Added |
| Balyasny Asset Management LLC | 1,124,140 | $48.3M | 0.09% | +834,470+288.1% | Added |
| Jefferies Financial Group Inc. | 1,031,408 | $44.3M | 0.36% | +1,031,408 | New |
| TD Asset Management Inc | 1,014,170 | $43.6M | 0.04% | −63,931−5.9% | Reduced |
| ADW Capital Partners, L.P. | 1,010,000 | $43.4M | 32.40% | 00.0% | Unchanged |
| Paralel Advisors LLC | 1,000,000 | $43.0M | 1.67% | 00.0% | Unchanged |
| American Century Companies Inc | 998,064 | $42.9M | 0.02% | −5,025,075−83.4% | Reduced |
| JPMorgan Chase & Co | 987,474 | $42.4M | 0.00% | −357,095−26.6% | Reduced |
| Nuveen, LLC | 909,822 | $39.1M | 0.01% | +523,190+135.3% | Added |
| Verbena Value LP | 837,100 | $36.0M | 6.19% | +837,100 | New |
| Alberta Investment Management Corp | 770,000 | $33.1M | 0.20% | 00.0% | Unchanged |
| Woodline Partners LP | 745,127 | $32.0M | 0.12% | +666,217+844.3% | Added |
| Soros Fund Management LLCSuperinvestorSoros Fund Management | 732,620 | $31.5M | 0.42% | −142,380−16.3% | Reduced |
| Manufacturers Life Insurance Company, The | 686,708 | $29.6M | 0.02% | −577−0.1% | Reduced |
| Robeco Schweiz AG | 678,861 | $29.2M | 0.65% | +64,912+10.6% | Added |
| Primecap Management Co | 667,800 | $28.7M | 0.02% | 00.0% | Unchanged |
| Munro Partners | 658,407 | $28.3M | 0.79% | +313,515+90.9% | Added |
| Swiss National Bank | 647,300 | $27.9M | 0.02% | −63,300−8.9% | Reduced |
| Charles Schwab Investment Management Inc | 622,549 | $26.8M | 0.00% | +5,023+0.8% | Added |
| 1832 Asset Management L.P. | 616,200 | $26.5M | 0.03% | 00.0% | Unchanged |
| Copeland Capital Management, LLC | 602,493 | $25.9M | 0.58% | −34,422−5.4% | Reduced |
| Hood River Capital Management LLC | 585,346 | $25.1M | 0.28% | +1,476+0.3% | Added |
| Mackenzie Financial Corp | 563,108 | $24.5M | 0.03% | +253,764+82.0% | Added |
| Neuberger Berman Group LLC | 539,552 | $23.2M | 0.02% | −52,451−8.9% | Reduced |
| Northern Trust Corp | 536,914 | $23.1M | 0.00% | −49,657−8.5% | Reduced |
| Dimensional Fund Advisors LP | 517,110 | $22.2M | 0.00% | +34,775+7.2% | Added |
| Woodbridge Co Ltd | 463,635 | $19.9M | 0.05% | 00.0% | Unchanged |
| Freestone Grove Partners LP | 446,741 | $19.2M | 0.14% | +105,851+31.1% | Added |
| SEI Investments Co | 440,196 | $18.9M | 0.02% | −22,301−4.8% | Reduced |
| Barton Investment Management | 420,150 | $18.0M | 1.94% | +2,852+0.7% | Added |
| Gotham Asset Management, LLC | 406,434 | $17.5M | 0.06% | +294,961+264.6% | Added |
| Vestcor Inc | 391,815 | $16.8M | 0.48% | +80,000+25.7% | Added |
| Canada Pension Plan Investment Board | 385,755 | $16.6M | 0.01% | −579,396−60.0% | Reduced |
| Advent International Corp | 379,092 | $16.3M | 0.34% | +14,092+3.9% | Added |
| Two Sigma Investments, LP | 354,605 | $15.2M | 0.02% | −236,648−40.0% | Reduced |
| Bank of Nova Scotia | 350,783 | $15.1M | 0.02% | −7,025−2.0% | Reduced |
| Kornitzer Capital Management Inc | 350,000 | $15.0M | 0.31% | 00.0% | Unchanged |
| Covalis Capital LLP | 350,000 | $15.0M | 1.17% | +350,000 | New |
| Goldman Sachs Group Inc | 335,610 | $14.4M | 0.00% | −927,007−73.4% | Reduced |
| Ci Investments Inc. | 332,488 | $14.3M | 0.06% | +99,025+42.4% | Added |
| Duff & Phelps Investment Management Co | 323,747 | $13.9M | 0.16% | +66,515+25.9% | Added |
| Walleye Capital LLC | 322,023 | $13.8M | 0.08% | +240,042+292.8% | Added |
| Verde Servicos Internacionais S.A. | 316,605 | $13.6M | 4.36% | −1,901−0.6% | Reduced |
| Amundi | 299,988 | $12.9M | 0.00% | +63,083+26.6% | Added |
| Norwood Investment Partners, LP | 297,920 | $12.8M | 14.41% | +33,120+12.5% | Added |
| CIBC World Markets Inc. | 297,493 | $12.8M | 0.02% | +10,216+3.6% | Added |
| National Bank of Canada | 282,505 | $12.1M | 0.01% | +64,501+29.6% | Added |
| CIBC Private Wealth Group, LLC | 250,283 | $10.7M | 0.02% | 00.0% | Unchanged |
| Concentric Capital Strategies, LP | 248,976 | $10.7M | 0.55% | +125,656+101.9% | Added |
| UBS Group AG | 248,458 | $10.7M | 0.00% | −1,698,013−87.2% | Reduced |
| Jennison Associates LLC | 243,220 | $10.4M | 0.01% | −467,357−65.8% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 239,126 | $10.3M | 0.01% | +239,126 | New |
| Jump Financial, LLC | 240,901 | $10.3M | 0.13% | +144,572+150.1% | Added |
| Winton Group Ltd | 236,167 | $10.1M | 0.35% | +195,667+483.1% | Added |
| Toronto Dominion Bank | 228,596 | $9.82M | 0.02% | −54,873−19.4% | Reduced |
| D. E. Shaw & Co., Inc. | 223,246 | $9.59M | 0.01% | +122,195+120.9% | Added |
| Bank of New York Mellon Corp | 211,174 | $9.07M | 0.00% | −4,172−1.9% | Reduced |
| Barclays PLC | 209,906 | $9.02M | 0.00% | −284,787−57.6% | Reduced |
| Loomis Sayles & Co L P | 200,410 | $8.61M | 0.01% | +9,200+4.8% | Added |
| Burkehill Global Management, LP | 200,000 | $8.59M | 0.57% | 00.0% | Unchanged |
| Raymond James Financial Inc | 196,607 | $8.44M | 0.00% | −26,353−11.8% | Reduced |
| Schwartz Investment Counsel Inc | 196,093 | $8.42M | 0.29% | +8,752+4.7% | Added |
| Korea Investment CORP | 195,482 | $8.41M | 0.02% | −67,101−25.6% | Reduced |
| Hallstatt Advisors L.P. | 193,551 | $8.31M | 6.19% | +193,551 | New |
| Healthcare of Ontario Pension Plan Trust Fund | 192,997 | $8.29M | 0.01% | +192,997 | New |
| Huntington National Bank | 186,050 | $7.99M | 0.05% | 00.0% | Unchanged |