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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
Delaney Capital Management Ltd.89,180$3.84M0.64%+89,180New
Tudor Investment Corp Et Al93,737$4.03M0.02%+93,737New
Two Sigma Advisers, LP95,600$4.11M0.01%+15,200+18.9%Added
FIL Ltd96,554$4.15M0.00%00.0%Unchanged
Great West Life Assurance Co101,736$4.37M0.01%−3,580−3.4%Reduced
Capital Innovations LLC106,981$4.59M1.31%+106,981New
Van Eck Associates Corp107,561$4.62M0.00%+9,767+10.0%Added
Zurcher Kantonalbank (Zurich Cantonalbank)110,886$4.77M0.01%+33,327+43.0%Added
Cruiser Capital Advisors, LLC117,767$5.06M5.20%00.0%Unchanged
Alliancebernstein L.P.123,151$5.29M0.00%−100,319−44.9%Reduced
Envestnet Asset Management Inc124,224$5.34M0.00%−9,109−6.8%Reduced
Franklin Resources Inc124,520$5.35M0.00%+3,221+2.7%Added
LPL Financial LLC127,264$5.47M0.00%+29,017+29.5%Added
Renaissance Technologies LLC131,161$5.63M0.01%+131,161New
Price T Rowe Associates Inc136,487$5.86M0.00%+10,514+8.3%Added
Voloridge Investment Management, LLC138,264$5.94M0.02%+138,264New
British Columbia Investment Management Corp142,226$6.11M0.03%−15,680−9.9%Reduced
State of Wisconsin Investment Board143,146$6.16M0.01%+143,146New
Aviva PLC145,427$6.25M0.01%+7,833+5.7%Added
J. Safra Sarasin Holding AG148,491$6.38M0.10%−9,184−5.8%Reduced
Seven Grand Managers, LLC150,000$6.44M0.49%+150,000New
APG Asset Management N.V.177,056$6.47M0.02%−20,744−10.5%Reduced
Trexquant Investment LP154,698$6.64M0.06%+133,351+624.7%Added
UniSuper Management Pty Ltd117,967$6.96M0.04%00.0%Unchanged
Qube Research & Technologies Ltd164,505$7.07M0.01%−276,402−62.7%Reduced
Boothbay Fund Management, LLC173,445$7.45M0.20%+56,688+48.6%Added
S&CO Inc175,599$7.54M0.47%−60.0%Reduced
Russell Investments Group, Ltd.177,106$7.61M0.01%−2,571−1.4%Reduced
Centaurus Financial, Inc.182,655$7.84M0.36%+725+0.4%Added
Huntington National Bank186,050$7.99M0.05%00.0%Unchanged
Healthcare of Ontario Pension Plan Trust Fund192,997$8.29M0.01%+192,997New
Hallstatt Advisors L.P.193,551$8.31M6.19%+193,551New
Korea Investment CORP195,482$8.41M0.02%−67,101−25.6%Reduced
Schwartz Investment Counsel Inc196,093$8.42M0.29%+8,752+4.7%Added
Raymond James Financial Inc196,607$8.44M0.00%−26,353−11.8%Reduced
Burkehill Global Management, LP200,000$8.59M0.57%00.0%Unchanged
Loomis Sayles & Co L P200,410$8.61M0.01%+9,200+4.8%Added
Barclays PLC209,906$9.02M0.00%−284,787−57.6%Reduced
Bank of New York Mellon Corp211,174$9.07M0.00%−4,172−1.9%Reduced
D. E. Shaw & Co., Inc.223,246$9.59M0.01%+122,195+120.9%Added
Toronto Dominion Bank228,596$9.82M0.02%−54,873−19.4%Reduced
Winton Group Ltd236,167$10.1M0.35%+195,667+483.1%Added
Jump Financial, LLC240,901$10.3M0.13%+144,572+150.1%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.239,126$10.3M0.01%+239,126New
Jennison Associates LLC243,220$10.4M0.01%−467,357−65.8%Reduced
UBS Group AG248,458$10.7M0.00%−1,698,013−87.2%Reduced
Concentric Capital Strategies, LP248,976$10.7M0.55%+125,656+101.9%Added
CIBC Private Wealth Group, LLC250,283$10.7M0.02%00.0%Unchanged
National Bank of Canada282,505$12.1M0.01%+64,501+29.6%Added
CIBC World Markets Inc.297,493$12.8M0.02%+10,216+3.6%Added
Norwood Investment Partners, LP297,920$12.8M14.41%+33,120+12.5%Added
Amundi299,988$12.9M0.00%+63,083+26.6%Added
Verde Servicos Internacionais S.A.316,605$13.6M4.36%−1,901−0.6%Reduced
Walleye Capital LLC322,023$13.8M0.08%+240,042+292.8%Added
Duff & Phelps Investment Management Co323,747$13.9M0.16%+66,515+25.9%Added
Ci Investments Inc.332,488$14.3M0.06%+99,025+42.4%Added
Goldman Sachs Group Inc335,610$14.4M0.00%−927,007−73.4%Reduced
Kornitzer Capital Management Inc350,000$15.0M0.31%00.0%Unchanged
Covalis Capital LLP350,000$15.0M1.17%+350,000New
Bank of Nova Scotia350,783$15.1M0.02%−7,025−2.0%Reduced
Two Sigma Investments, LP354,605$15.2M0.02%−236,648−40.0%Reduced
Advent International Corp379,092$16.3M0.34%+14,092+3.9%Added
Canada Pension Plan Investment Board385,755$16.6M0.01%−579,396−60.0%Reduced
Vestcor Inc391,815$16.8M0.48%+80,000+25.7%Added
Gotham Asset Management, LLC406,434$17.5M0.06%+294,961+264.6%Added
Barton Investment Management420,150$18.0M1.94%+2,852+0.7%Added
SEI Investments Co440,196$18.9M0.02%−22,301−4.8%Reduced
Freestone Grove Partners LP446,741$19.2M0.14%+105,851+31.1%Added
Woodbridge Co Ltd463,635$19.9M0.05%00.0%Unchanged
Dimensional Fund Advisors LP517,110$22.2M0.00%+34,775+7.2%Added
Northern Trust Corp536,914$23.1M0.00%−49,657−8.5%Reduced
Neuberger Berman Group LLC539,552$23.2M0.02%−52,451−8.9%Reduced
Mackenzie Financial Corp563,108$24.5M0.03%+253,764+82.0%Added
Hood River Capital Management LLC585,346$25.1M0.28%+1,476+0.3%Added
Copeland Capital Management, LLC602,493$25.9M0.58%−34,422−5.4%Reduced
1832 Asset Management L.P.616,200$26.5M0.03%00.0%Unchanged
Charles Schwab Investment Management Inc622,549$26.8M0.00%+5,023+0.8%Added
Swiss National Bank647,300$27.9M0.02%−63,300−8.9%Reduced
Munro Partners658,407$28.3M0.79%+313,515+90.9%Added
Primecap Management Co667,800$28.7M0.02%00.0%Unchanged
Robeco Schweiz AG678,861$29.2M0.65%+64,912+10.6%Added
Manufacturers Life Insurance Company, The686,708$29.6M0.02%−577−0.1%Reduced
Soros Fund Management LLCSuperinvestorSoros Fund Management732,620$31.5M0.42%−142,380−16.3%Reduced
Woodline Partners LP745,127$32.0M0.12%+666,217+844.3%Added
Alberta Investment Management Corp770,000$33.1M0.20%00.0%Unchanged
Verbena Value LP837,100$36.0M6.19%+837,100New
Nuveen, LLC909,822$39.1M0.01%+523,190+135.3%Added
JPMorgan Chase & Co987,474$42.4M0.00%−357,095−26.6%Reduced
American Century Companies Inc998,064$42.9M0.02%−5,025,075−83.4%Reduced
Paralel Advisors LLC1,000,000$43.0M1.67%00.0%Unchanged
ADW Capital Partners, L.P.1,010,000$43.4M32.40%00.0%Unchanged
TD Asset Management Inc1,014,170$43.6M0.04%−63,931−5.9%Reduced
Jefferies Financial Group Inc.1,031,408$44.3M0.36%+1,031,408New
Balyasny Asset Management LLC1,124,140$48.3M0.09%+834,470+288.1%Added
TimesSquare Capital Management, LLC1,125,123$48.3M0.73%+37,155+3.4%Added
Marshall Wace, LLP1,170,208$50.3M0.05%+1,138,865+3,633.6%Added
AQR Capital Management LLC1,181,049$50.7M0.03%+1,170,524+11,121.4%Added
Legal & General Group Plc1,225,212$52.7M0.01%+131,332+12.0%Added
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main1,269,504$54.5M0.05%+157,658+14.2%Added
Bank of America Corp1,284,165$55.2M0.00%+309,218+31.7%Added