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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, 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.

Institutional holdersQ4 2025: 329 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 heldQ4 2025: $10.7B
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, Q4 2025

Shares, value and share of portfolio for each institution holding GFL Environmental Inc.; share changes are against Q3 2025.

Institutions holding GFL in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
State Street Corp6,400$274.9K0.00%00.0%Unchanged
Palumbo Wealth Management LLC6,765$290.6K0.07%00.0%Unchanged
Mariner, LLC6,988$300.2K0.00%−811−10.4%Reduced
Cambridge Investment Research Advisors, Inc.7,147$307.0K0.00%−2,425−25.3%Reduced
MQS Management LLC7,181$308.4K0.18%+7,181New
Artisan Partners Limited Partnership7,340$315.3K0.00%+7,340New
Atria Investments LLC7,550$324.3K0.00%−222−2.9%Reduced
Man Group plc7,722$331.7K0.00%+7,722New
R Squared Ltd7,875$338.2K0.16%+7,875New
TCW Group Inc8,565$367.9K0.00%+8,565New
Wealth Enhancement Advisory Services, LLC8,619$368.2K0.00%+75+0.9%Added
Ameriprise Financial Inc6,504$369.1K0.00%+1,885+40.8%Added
Great Valley Advisor Group, Inc.8,839$380.1K0.01%+1,975+28.8%Added
Janney Capital Management LLC9,134$392.0K0.02%+155+1.7%Added
Leonteq Securities AG6,971$395.5K0.02%−288−4.0%Reduced
Aquatic Capital Management LLC9,866$423.7K0.01%+9,866New
Net Worth Advisory Group10,144$435.7K0.09%−1,313−11.5%Reduced
XTX Topco Ltd10,392$446.3K0.01%−17,332−62.5%Reduced
Partners Capital Investment Group, LLP10,507$451.3K0.02%00.0%Unchanged
Centiva Capital, LP10,507$451.3K0.03%+10,507New
Colonial River Wealth Management, LLC11,253$483.3K0.17%−7,986−41.5%Reduced
Axxcess Wealth Management, LLC11,351$487.5K0.01%−7,888−41.0%Reduced
Campbell & CO Investment Adviser LLC11,385$489.0K0.02%+11,385New
Skyview Financial Group LLC11,402$489.7K0.51%+11,402New
Harbor Capital Advisors, Inc.11,724$504.0K0.04%−549−4.5%Reduced
JustInvest LLC12,248$526.1K0.01%+1,365+12.5%Added
Gulf International Bank (UK) Ltd12,374$532.0K0.02%00.0%Unchanged
Greenleaf Trust12,708$545.8K0.01%+100+0.8%Added
Ensign Peak Advisors, Inc12,700$546.3K0.00%00.0%Unchanged
Level Four Advisory Services, LLC12,796$549.6K0.02%−2,050−13.8%Reduced
O'Shaughnessy Asset Management, LLC13,010$558.9K0.00%−26,292−66.9%Reduced
Global Retirement Partners, LLC13,205$567.2K0.01%+13,155+26,310.0%Added
Aristeia Capital LLC13,880$596.1K0.02%+6,275+82.5%Added
Janney Montgomery Scott LLC14,272$613.0K0.00%−2,908−16.9%Reduced
Silvercrest Asset Management Group LLC14,430$619.8K0.00%+283+2.0%Added
Public Employees Retirement System of Ohio14,451$621.6K0.00%+190+1.3%Added
Intech Investment Management LLC15,054$647.5K0.01%00.0%Unchanged
Fulcrum Asset Management LLP15,070$658.7K0.18%00.0%Unchanged
Public Sector Pension Investment Board15,524$666.9K0.00%+15,524New
Bank of Hawaii15,563$668.4K0.03%−9,471−37.8%Reduced
Ossiam15,637$672.6K0.01%−12,845−45.1%Reduced
Resources Investment Advisors, LLC.16,769$720.2K0.01%−89−0.5%Reduced
Swiss Life Asset Management Ltd16,943$727.7K0.00%−74−0.4%Reduced
DekaBank Deutsche Girozentrale21,066$746.0K0.00%00.0%Unchanged
Janus Henderson Group PLC17,762$771.0K0.00%00.0%Unchanged
Jain Global LLC18,000$773.1K0.01%+18,000New
ArrowMark Colorado Holdings LLC18,029$774.3K0.02%−647,900−97.3%Reduced
Magnetar Financial LLC18,276$785.0K0.01%−61,228−77.0%Reduced
GM Advisory Group, Inc.18,438$791.9K0.03%00.0%Unchanged
Truist Financial Corp18,616$799.5K0.00%+1,937+11.6%Added
Toroso Investments, LLC18,722$804.1K0.00%−4,583−19.7%Reduced
Cetera Investment Advisers18,806$807.7K0.00%−1,274−6.3%Reduced
Dynamic Technology Lab Private Ltd20,341$874.0K0.20%+20,341New
SIG North Trading, ULC21,767$934.9K0.16%+2,490+12.9%Added
Aigen Investment Management, LP21,248$972.1K0.23%+21,248New
SkyView Investment Advisors, LLC23,509$1.01M0.13%+115+0.5%Added
Squarepoint Ops LLC24,517$1.05M0.00%+1,297+5.6%Added
Twinbeech Capital LP25,121$1.08M0.08%+16,264+183.6%Added
Northwest & Ethical Investments L.P.25,332$1.09M0.02%+8,300+48.7%Added
FORA Capital, LLC25,972$1.10M0.13%+25,972New
Stifel Financial Corp25,848$1.11M0.00%−7,390−22.2%Reduced
Capstone Investment Advisors, LLC25,895$1.11M0.01%+12,908+99.4%Added
Oppenheimer Asset Management Inc.29,513$1.27M0.02%−225−0.8%Reduced
C WorldWide Group Holding A/S29,615$1.27M0.02%00.0%Unchanged
Utah Retirement Systems30,102$1.29M0.01%00.0%Unchanged
Scotia Capital Inc.30,616$1.31M0.01%+1,859+6.5%Added
Fiera Capital Corp31,753$1.36M0.00%+31,753New
Wells Fargo & Company32,488$1.40M0.00%−31,848−49.5%Reduced
Skandinaviska Enskilda Banken AB (publ)32,582$1.40M0.01%−1,513−4.4%Reduced
Investment Management Corp of Ontario32,761$1.41M0.02%+22,700+225.6%Added
Avanza Fonder AB23,875$1.41M0.04%00.0%Unchanged
Boussard & Gavaudan Investment Management LLP32,839$1.44M0.11%+3,601+12.3%Added
Creative Planning34,499$1.48M0.00%+3,550+11.5%Added
Prana Capital Management, LP34,995$1.50M0.05%−16,488−32.0%Reduced
Merit Financial Group, LLC35,268$1.51M0.01%−2,495−6.6%Reduced
Quantinno Capital Management LP36,164$1.55M0.00%+2,317+6.8%Added
CenterBook Partners LP37,809$1.62M0.08%+7,706+25.6%Added
Capital Insight Partners, LLC39,034$1.67M0.35%−1,758−4.3%Reduced
Entropy Technologies, LP39,204$1.68M0.09%+29,134+289.3%Added
Rockefeller Capital Management L.P.40,688$1.75M0.00%+784+2.0%Added
Forsta Ap-Fonden41,200$1.77M0.01%−3,200−7.2%Reduced
Generali Asset Management SPA SGR30,905$1.82M0.04%+30,905New
Groupe la Francaise43,867$1.88M0.03%+3,255+8.0%Added
TD Waterhouse Canada Inc.44,006$1.89M0.01%−2,356−5.1%Reduced
Capital Fund Management S.A.43,974$1.89M0.02%+43,974New
Federation des caisses Desjardins du Quebec46,048$1.97M0.01%−103,565−69.2%Reduced
Victory Capital Management Inc34,400$2.03M0.00%+34,400New
Susquehanna Advisors Group, Inc.47,933$2.06M0.07%+47,933New
National Philanthropic Trust50,000$2.15M0.02%00.0%Unchanged
Citigroup Inc51,679$2.22M0.00%−63,170−55.0%Reduced
USS Investment Management Ltd53,603$2.32M0.01%00.0%Unchanged
Lansforsakringar Fondforvaltning AB (publ)54,441$2.34M0.01%+14,579+36.6%Added
Polar Asset Management Partners Inc.58,000$2.49M0.05%−7,000−10.8%Reduced
Schonfeld Strategic Advisors LLC60,858$2.61M0.01%+56,260+1,223.6%Added
Allianz Asset Management GmbH62,102$2.67M0.00%−1,451−2.3%Reduced
Engineers Gate Manager LP62,547$2.69M0.03%+32,649+109.2%Added
Brasada Capital Management, LP66,749$2.86M0.49%−11,726−14.9%Reduced
Quantbot Technologies LP76,558$3.29M0.11%+76,558New
Mn Services Vermogensbeheer B.V.79,682$3.43M0.02%+982+1.2%Added
Invesco Ltd.88,341$3.79M0.00%−22,647−20.4%Reduced