Waste Connections, Inc.
WCN- Exchange
- NYSE
- Industry
- Refuse Systems
- SEC CIK
- 0001318220
In the last 90 days, Waste Connections, Inc. insiders filed 0 open-market purchases and 7 sales; 844 institutions reported holding it in 13F filings for Q2 2026, worth $35.4B in total; Gates Foundation Trust is the only superinvestor holding it.
Key figures
- Market capClose on Nov 12, 2026
- $48.5B
- Insider buysOpen market, last 90 days
- 0
- Insider sellsLast 90 days, $3.74M in total
- 7
- 13F holdersQ2 2026, +54 vs. previous quarter
- 844
- 13F valueReported value at the end of Q2 2026
- $35.4B
- Superinvestors holdingAt the end of Q2 2026
- 1
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $9.47B
- +6.1% year over year
- Net income, FY2025
- $1.08B
- +74.3% year over year
- Free cash flow, FY2025
- $1.23B
- +5.3% year over year
- Revenue, Q3 FY2026
- $2.64B
- +7.3% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 4.53M
- Shares sold short
- Change
- −702.5K
- −13.4% vs. previous
- Days to cover
- 1.89
- At average daily volume
Superinvestors holding WCN, Q2 2026
Go to the superinvestors tab1 superinvestor reports holding Waste Connections, Inc. on Form 13F. Percentages are the stock's share of each portfolio.
Gates Foundation Trust
Bill Gates
1.0%
Waste Connections, Inc.'s share of the portfolio
- Shares
- 2,039,175
- Value
- $339.9M
Latest insider trades
See all insider tradesOpen-market purchases and sales by Waste Connections, Inc. insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Nov 3, 2026 (view filing)4:20 PM ET | Oct 30-Nov 2 | 4 days | Nielsen III RobertSR VP Operations | SSale | −2.00K | $185.88 | −$371.8K | −61.5%1.25K after | 3 lots |
| Nov 2, 2026 (view filing)4:07 PM ET | Oct 29 | 4 days | Black Matthew StephenSr VP Chief Tax Officer | SSale | −11.0K | $180.60 | −$1.99M | −25.3%32.5K after | 2 lots |
| Oct 29, 2026 (view filing)4:11 PM ET | Oct 27 | 2 days | Little JamesExecutive VP Engineering | SSale | −2.00K | $185.22 | −$370.4K | −5.8%32.4K after | |
| Oct 28, 2026 (view filing)4:15 PM ET | Oct 26 | 2 days | Tan DerekSR VP Chief Accounting Officer | SSale | −1.00K | $186.77 | −$186.8K | −71.2%404 after | |
| Aug 21, 2026 (view filing)4:11 PM ET | Aug 19 | 2 days | Nielsen III RobertSR VP Operations | SSale | −700 | $170.00 | −$119.0K | −17.7%3.25K after | |
| Aug 20, 2026 (view filing)4:06 PM ET | Aug 18 | 2 days | Rivard PhilipSR VP Business Development | SSale | −2.50K | $166.57 | −$416.4K | −77.3%734 after | |
| Aug 17, 2026 (view filing)4:13 PM ET | Aug 13 | 4 days | Netherton SusanSR VP People, Training & Dev | SSale | −1.75K | $166.00 | −$290.5K | −11.9%13.0K after | |
| Jul 31, 2026 (view filing)4:08 PM ET | Jul 29 | 2 days | Nielsen III RobertSR VP Operations | SSale | −300 | $173.10 | −$51.9K | −7.1%3.95K after | |
| Jul 30, 2026 (view filing)4:17 PM ET | Jul 28 | 2 days | Cloninger Robert MichaelSR VP, Deputy General Counsel | SSale | −2.81K | $171.02 | −$480.7K | −19.4%11.7K after | 2 lots |
| Jun 9, 2026 (view filing) | Jun 5 | 4 days | Craft JasonExecutive Vice President & COO | SSale | −1.50K | $156.59 | −$234.9K | −4.4%32.9K after |
Top 10 13F holders, Q2 2026
See all 844 holdersThe largest institutional positions in Waste Connections, Inc. at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Capital Management LLC | 15,797,275 | $2.63B | 0.06% | −57,888−0.4% | Reduced |
| Royal Bank of Canada | 13,188,665 | $2.20B | 0.37% | +978,004+8.0% | Added |
| Vanguard Portfolio Management LLC | 11,232,978 | $1.87B | 0.08% | +97,720+0.9% | Added |
| Bank of Montreal | 8,665,651 | $1.44B | 0.53% | +530,018+6.5% | Added |
| 1832 Asset Management L.P. | 7,456,684 | $1.24B | 1.52% | +343,080+4.8% | Added |
| BlackRock, Inc. | 6,370,788 | $1.06B | 0.02% | +179,224+2.9% | Added |
| FMR LLC | 5,341,098 | $890.2M | 0.04% | −3,623,552−40.4% | Reduced |
| Capital International Investors | 4,582,617 | $763.9M | 0.16% | −645,433−12.3% | Reduced |
| AQR Capital Management LLC | 4,111,035 | $684.0M | 0.24% | +3,002,466+270.8% | Added |
| Norges Bank | 3,957,385 | $659.5M | 0.07% | +3,957,385 | New |
Holders of 5% or more of WCN
See all 1 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Waste Connections, Inc..
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| Vanguard Capital Management LLC | 13G | 7.78%19.9M shares | New | Apr 28, 20261 filing | Apr 28, 2026 | SEC |
Politician trades
All politician trades in WCN4 members of Congress reported 6 trades in Waste Connections, Inc. since 2020. Newest filings:
| Filed | Politician | Type | Amount |
|---|---|---|---|
| Oct 10, 2025 |  Val T. Hoyle House · OR | Sell | $1K-$15K |
| Sep 12, 2025 | Val T. Hoyle House · OR | Buy | $1K-$15K |
| Aug 20, 2025 |  Ritchie Torres House · NY | Sell | $1K-$15K |
| Sep 11, 2023 |  Jonathan L. Jackson House · IL | Sell | $15K-$50K |
| Mar 22, 2020 |  Alan S. Lowenthal House · CA | Buy | $163.76 |
House · OR · Oct 10, 2025
Sell$1K-$15K
House · OR · Sep 12, 2025
Buy$1K-$15K
House · NY · Aug 20, 2025
Sell$1K-$15K
House · IL · Sep 11, 2023
Sell$15K-$50K
House · CA · Mar 22, 2020
Buy$163.76