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 |
|---|---|---|---|---|---|
| Bornite Capital Management LP | 1,342,400 | $57.7M | 5.63% | +600,000+80.8% | Added |
| Citadel Advisors LLC | 1,375,115 | $59.1M | 0.04% | +1,234,814+880.1% | Added |
| Caisse de Depot Et Placement du Quebec | 1,383,100 | $59.5M | 0.10% | +264,515+23.6% | Added |
| Point72 Asset Management, L.P. | 1,554,611 | $66.8M | 0.10% | +258,211+19.9% | Added |
| Brown Brothers Harriman & Co | 1,804,927 | $77.5M | 0.42% | −66,263−3.5% | Reduced |
| Bank of Montreal | 1,833,982 | $78.8M | 0.03% | +298,576+19.4% | Added |
| Progeny 3, Inc. | 2,042,010 | $87.7M | 4.72% | +88,330+4.5% | Added |
| Geode Capital Management, LLC | 2,224,997 | $95.2M | 0.01% | +138,543+6.6% | Added |
| BlackRock, Inc. | 2,238,728 | $96.2M | 0.00% | +90,779+4.2% | Added |
| Millennium Management LLC | 2,539,067 | $109.1M | 0.08% | +126,570+5.2% | Added |
| Wellington Management Group LLP | 2,668,607 | $114.6M | 0.02% | +657,027+32.7% | Added |
| Morgan Stanley | 2,731,961 | $117.3M | 0.01% | −1,200,665−30.5% | Reduced |
| Clarkston Capital Partners, LLC | 2,805,035 | $120.5M | 2.79% | −55,025−1.9% | Reduced |
| Jane Street Group, LLC | 3,407,588 | $146.4M | 0.17% | +3,111,222+1,049.8% | Added |
| Norges Bank | 3,479,778 | $149.5M | 0.02% | +3,479,778 | New |
| Deutsche Bank AG | 3,873,804 | $166.4M | 0.05% | −166,752−4.1% | Reduced |
| Fred Alger Management, LLC | 5,023,016 | $215.7M | 0.85% | −605,728−10.8% | Reduced |
| Maverick Capital LtdSuperinvestorMaverick Capital | 5,023,417 | $215.8M | 2.32% | +3,436,419+216.5% | Added |
| CIBC Asset Management Inc | 5,101,264 | $219.4M | 0.53% | +1,047,180+25.8% | Added |
| Nordea Investment Management AB | 6,673,954 | $290.1M | 0.25% | +1,932,442+40.8% | Added |
| Beutel, Goodman & Co Ltd. | 7,172,103 | $308.5M | 1.90% | +1,715,818+31.4% | Added |
| Pictet Asset Management Holding SA | 8,511,198 | $365.6M | 0.36% | +185,169+2.2% | Added |
| Royal Bank of Canada | 9,314,727 | $400.1M | 0.07% | +1,474,842+18.8% | Added |
| Vanguard Group Inc | 11,156,675 | $479.3M | 0.01% | +97,020+0.9% | Added |
| Massachusetts Financial Services Co | 11,201,976 | $481.1M | 0.16% | +977,344+9.6% | Added |
| Capital Research Global Investors | 21,863,632 | $939.0M | 0.17% | +3,267,936+17.6% | Added |
| Ontario Teachers Pension Plan Board | 22,450,784 | $964.4M | 21.44% | −1,846,726−7.6% | Reduced |
| FMR LLC | 26,532,066 | $1.14B | 0.06% | −579,617−2.1% | Reduced |
| BC Partners PE LP | 29,912,724 | $1.15B | 16.51% | −5,424,796−15.4% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 0 | $0 | 0.00% | −781,168−100.0% | Sold out |
| Addenda Capital Inc. | 0 | $0 | 0.00% | −229,065−100.0% | Sold out |
| HSBC Holdings PLC | 0 | $0 | 0.00% | −211,552−100.0% | Sold out |
| LMR Partners LLP | 0 | $0 | 0.00% | −187,359−100.0% | Sold out |
| Generate Investment Management Ltd | 0 | $0 | 0.00% | −166,550−100.0% | Sold out |
| Pinnbrook Capital Management LP | 0 | $0 | 0.00% | −85,214−100.0% | Sold out |
| Verition Fund Management LLC | 0 | $0 | 0.00% | −84,839−100.0% | Sold out |
| Aventail Capital Group, LP | 0 | $0 | 0.00% | −84,707−100.0% | Sold out |
| Panoramic Capital, LLC | 0 | $0 | 0.00% | −49,030−100.0% | Sold out |
| Lighthouse Investment Partners, LLC | 0 | $0 | 0.00% | −33,213−100.0% | Sold out |
| Blackstone Group Inc. | 0 | $0 | 0.00% | −19,420−100.0% | Sold out |
| Omers Administration Corp | 0 | $0 | 0.00% | −19,300−100.0% | Sold out |
| Fairbanks Capital Management, Inc. | 0 | $0 | 0.00% | −18,239−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −13,851−100.0% | Sold out |
| Walleye Trading LLC | 0 | $0 | 0.00% | −10,908−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −6,537−100.0% | Sold out |
| Metis Global Partners, LLC | 0 | $0 | 0.00% | −6,372−100.0% | Sold out |
| Strategic Global Advisors, LLC | 0 | $0 | 0.00% | −5,860−100.0% | Sold out |
| FDx Advisors, Inc. | 0 | $0 | 0.00% | −5,238−100.0% | Sold out |
| Envestnet Portfolio Solutions, Inc. | 0 | $0 | 0.00% | −4,600−100.0% | Sold out |
| Cigna Investments Inc | 0 | $0 | 0.00% | −4,507−100.0% | Sold out |
| Berbice Capital Management LLC | 0 | $0 | 0.00% | −700−100.0% | Sold out |
| Principal Securities, Inc. | 0 | $0 | 0.00% | −171−100.0% | Sold out |
| ESL Trust Services, LLC | 0 | $0 | 0.00% | −40−100.0% | Sold out |
| Quest 10 Wealth Builders, Inc. | 0 | $0 | 0.00% | −36−100.0% | Sold out |
| Rossby Financial, LCC | 0 | $0 | 0.00% | −20−100.0% | Sold out |
| Wealthspire Advisors, LLC | 0 | $0 | 0.00% | −6−100.0% | Sold out |
| Kayne Anderson Rudnick Investment Management LLC | 0 | $0 | 0.00% | 0 | Sold out |
| Summit Wealth Group LLC | 0 | $0 | 0.00% | −67,161−100.0% | Sold out |
| Forge First Asset Management Inc. | – | – | – | – | Not filed |
| AXA Investment Managers S.A. | – | – | – | – | Not filed |
| Cubist Systematic Strategies, LLC | – | – | – | – | Not filed |
| Point72 (DIFC) Ltd | – | – | – | – | Not filed |