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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 5 sales; 842 institutions reported holding it in 13F filings for Q2 2026, worth $35.4B in total; Gates Foundation Trust is the only superinvestor holding it.

13F holders, Q1 2025

Institutional positions in Waste Connections, Inc. as of Mar 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
737
+11 vs. Q4 2024
Shares held
221.6M
+2.71M (+1.2%) vs. Q4 2024
Total value
$43.2B
+$5.65B (+15.0%) vs. Q4 2024
New holders
78
261 more added
Sold out
67
285 more reduced

10 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting WCN 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 holdersQ1 2025: 737 institutions
Q1 2021: 460 institutionsQ2 2021: 478 institutionsQ3 2021: 470 institutionsQ4 2021: 528 institutionsQ1 2022: 534 institutionsQ2 2022: 561 institutionsQ3 2022: 567 institutionsQ4 2022: 603 institutionsQ1 2023: 602 institutionsQ2 2023: 605 institutionsQ3 2023: 607 institutionsQ4 2023: 638 institutionsQ1 2024: 682 institutionsQ2 2024: 696 institutionsQ3 2024: 729 institutionsQ4 2024: 736 institutionsQ1 2025: 737 institutionsQ2 2025: 767 institutionsQ3 2025: 750 institutionsQ4 2025: 815 institutionsQ1 2026: 796 institutionsQ2 2026: 842 institutions
Value heldQ1 2025: $43.2B
Q1 2021: $23.4BQ2 2021: $25.8BQ3 2021: $27.6BQ4 2021: $30.0BQ1 2022: $30.3BQ2 2022: $27.4BQ3 2022: $30.8BQ4 2022: $29.7BQ1 2023: $31.2BQ2 2023: $32.0BQ3 2023: $30.4BQ4 2023: $33.3BQ1 2024: $38.0BQ2 2024: $38.8BQ3 2024: $39.6BQ4 2024: $37.9BQ1 2025: $43.2BQ2 2025: $41.3BQ3 2025: $37.2BQ4 2025: $38.5BQ1 2026: $34.8BQ2 2026: $35.4B
Institutions holding WCN and their total value by quarter
QuarterHoldersValue
Q2 2026842$35.4B
Q1 2026796$34.8B
Q4 2025815$38.5B
Q3 2025750$37.2B
Q2 2025767$41.3B
Q1 2025737$43.2B
Q4 2024736$37.9B
Q3 2024729$39.6B
Q2 2024696$38.8B
Q1 2024682$38.0B
Q4 2023638$33.3B
Q3 2023607$30.4B
Q2 2023605$32.0B
Q1 2023602$31.2B
Q4 2022603$29.7B
Q3 2022567$30.8B
Q2 2022561$27.4B
Q1 2022534$30.3B
Q4 2021528$30.0B
Q3 2021470$27.6B
Q2 2021478$25.8B
Q1 2021460$23.4B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding Waste Connections, Inc.; share changes are against Q4 2024.

Institutions holding WCN in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc30,247,244$5.90B0.11%+954,242+3.3%Added
Royal Bank of Canada10,624,320$2.07B0.46%−47,141−0.4%Reduced
Bank of Montreal8,479,429$1.65B0.88%−164,793−1.9%Reduced
FIL Ltd7,858,098$1.53B1.46%+680,374+9.5%Added
WCM Investment Management, LLC6,383,780$1.23B3.16%+18,400+0.3%Added
BlackRock, Inc.6,064,429$1.18B0.02%+80,875+1.4%Added
Capital International Investors5,973,444$1.17B0.23%+24,292+0.4%Added
Price T Rowe Associates Inc5,214,368$1.02B0.13%−521,811−9.1%Reduced
FMR LLC4,919,199$959.5M0.06%+182,525+3.9%Added
T. Rowe Price Investment Management, Inc.4,849,878$946.6M0.63%−1,246,398−20.4%Reduced
Pictet Asset Management Holding SA4,674,486$912.4M1.01%−763,300−14.0%Reduced
Mackenzie Financial Corp4,575,547$892.0M1.27%+250,684+5.8%Added
Norges Bank4,043,754$789.0M0.11%+32,656+0.8%Added
1832 Asset Management L.P.3,863,120$754.0M1.44%+100,716+2.7%Added
TD Asset Management Inc3,819,259$744.4M0.69%+120,752+3.3%Added
Alphinity Investment Management Pty Ltd3,504,903$684.1M4.63%+172,077+5.2%Added
Wellington Management Group LLP3,410,382$665.7M0.13%−572,783−14.4%Reduced
JPMorgan Chase & Co3,281,741$640.6M0.05%+31,805+1.0%Added
Nuveen, LLC3,192,557$623.2M0.20%+3,192,557New
Bank of America Corp2,822,676$551.0M0.05%+600,046+27.0%Added
National Bank of Canada2,802,174$541.4M0.64%−137,466−4.7%Reduced
Fiera Capital Corp2,437,854$475.6M1.72%+157,472+6.9%Added
Connor, Clark & Lunn Investment Management Ltd.2,413,615$470.5M2.05%+413,190+20.7%Added
Manufacturers Life Insurance Company, The2,390,562$468.2M0.44%−242,810−9.2%Reduced
Morgan Stanley2,373,453$463.3M0.03%−20,689−0.9%Reduced
Gates Foundation TrustSuperinvestorGates Foundation Trust2,149,175$419.5M1.00%00.0%Unchanged
Stockbridge Partners LLC2,123,309$414.4M9.17%+154,845+7.9%Added
Principal Financial Group Inc2,003,901$391.1M0.22%−32,955−1.6%Reduced
State Street Corp1,791,434$349.7M0.01%+27,037+1.5%Added
CIBC World Markets Inc.1,763,351$343.8M0.78%+53,036+3.1%Added
Goldman Sachs Group Inc1,621,661$316.5M0.06%+502,986+45.0%Added
Montrusco Bolton Investments Inc.1,573,984$296.2M3.89%−353,916−18.4%Reduced
Brown Advisory Inc1,491,097$291.0M0.42%−41,632−2.7%Reduced
Macquarie Group Ltd1,454,330$283.9M0.35%+4,154+0.3%Added
Neuberger Berman Group LLC1,365,763$266.6M0.22%+4,515+0.3%Added
Public Employees Retirement Association of Colorado1,318,614$257.4M1.10%−1,302−0.1%Reduced
UBS Asset Management Americas Inc1,315,114$256.7M0.07%+151,324+13.0%Added
Raymond James Financial Inc1,313,373$256.4M0.10%−87,852−6.3%Reduced
CIBC Asset Management Inc1,237,454$242.1M0.80%+285,451+30.0%Added
DF Dent & Co Inc1,239,741$242.0M3.23%−48,622−3.8%Reduced
Legal & General Group Plc1,168,803$227.7M0.06%+10,943+0.9%Added
Caisse de Depot Et Placement du Quebec1,153,530$225.0M0.47%+762,468+195.0%Added
Franklin Resources Inc1,150,944$224.6M0.07%+153,351+15.4%Added
Canada Pension Plan Investment Board1,147,904$223.8M0.22%+413,212+56.2%Added
King Luther Capital Management Corp1,138,751$222.3M1.03%−839−0.1%Reduced
Omers Administration Corp1,120,652$218.7M1.91%−7,232−0.6%Reduced
Sands Capital Management, LLC1,108,404$216.3M0.74%+511,519+85.7%Added
Two Sigma Advisers, LP1,100,950$214.9M0.48%+138,100+14.3%Added
Findlay Park Partners LLP1,011,458$197.4M2.03%+13,600+1.4%Added
Two Sigma Investments, LP1,003,328$195.8M0.43%+30,377+3.1%Added
Arrowstreet Capital, Limited Partnership933,814$182.1M0.15%+679,054+266.5%Added
Deutsche Bank AG900,383$175.7M0.07%−20,780−2.3%Reduced
Northern Trust Corp896,243$174.9M0.03%+60,533+7.2%Added
Clearbridge Investments, LLC871,600$170.1M0.15%−41,386−4.5%Reduced
Storebrand Asset Management AS853,057$166.5M0.54%−273,848−24.3%Reduced
Ameriprise Financial Inc750,665$159.7M0.04%−1,016,057−57.5%Reduced
Schroder Investment Management Group824,793$159.0M0.16%+423,465+105.5%Added
Citadel Advisors LLC800,046$156.2M0.15%+604,132+308.4%Added
Snyder Capital Management L P745,472$145.5M3.18%−8,590−1.1%Reduced
Swiss National Bank727,745$142.0M0.10%−1,200−0.2%Reduced
Silvercrest Asset Management Group LLC691,048$134.9M0.97%−21,600−3.0%Reduced
TCW Group Inc670,420$130.9M1.17%−16,671−2.4%Reduced
Geode Capital Management, LLC638,524$130.6M0.01%−9,203−1.4%Reduced
British Columbia Investment Management Corp659,417$128.6M0.79%−353,667−34.9%Reduced
Rathbone Brothers plc653,326$127.5M0.62%−3,749−0.6%Reduced
National Pension Service640,779$125.1M0.12%+56,152+9.6%Added
EULAV Asset Management620,742$121.2M2.99%−36,446−5.5%Reduced
Toronto Dominion Bank600,441$117.1M0.30%−157,407−20.8%Reduced
Charles Schwab Investment Management Inc595,244$116.0M0.02%+12,647+2.2%Added
Skye Global Management LP592,000$115.6M3.07%−56,000−8.6%Reduced
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main569,653$111.2M0.13%+24,822+4.6%Added
UBS Group AG562,455$109.8M0.02%+114,608+25.6%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.551,733$107.7M0.29%−58,546−9.6%Reduced
DekaBank Deutsche Girozentrale534,510$103.9M0.20%−269−0.1%Reduced
Voloridge Investment Management, LLC517,293$101.0M0.37%−46,506−8.2%Reduced
Impax Asset Management Group plc516,905$99.6M0.60%+211,537+69.3%Added
Allspring Global Investments Holdings, LLC499,338$98.1M0.17%−9,472−1.9%Reduced
Dimensional Fund Advisors LP489,601$95.5M0.02%+57,004+13.2%Added
Bank of Nova Scotia467,791$91.2M0.20%−15,472−3.2%Reduced
Baird Financial Group, Inc.464,005$90.6M0.17%+11,914+2.6%Added
Envestnet Asset Management Inc455,991$89.0M0.03%−11,113−2.4%Reduced
Massachusetts Financial Services Co441,213$86.1M0.03%−31,620−6.7%Reduced
Alberta Investment Management Corp436,673$85.1M0.58%+36,005+9.0%Added
Teacher Retirement System of Texas423,307$82.6M0.34%+264,345+166.3%Added
Bank of New York Mellon Corp407,212$79.5M0.02%−2,310−0.6%Reduced
Davis R M Inc401,215$78.3M1.57%+480.0%Added
MUFG Securities (Canada), Ltd.393,737$76.7M2.67%−334−0.1%Reduced
Scotia Capital Inc.371,532$72.5M0.39%+31,136+9.1%Added
Nicholas Company, Inc.363,837$71.0M1.23%+700.0%Added
Argent Capital Management LLC356,777$69.6M2.13%−5,964−1.6%Reduced
Tandem Investment Advisors, Inc.354,745$69.2M2.42%−11,428−3.1%Reduced
Westfield Capital Management Co LP342,037$66.8M0.32%−5,494−1.6%Reduced
TimesSquare Capital Management, LLC328,128$64.0M1.03%−116,720−26.2%Reduced
Premier Fund Managers Ltd331,088$63.8M2.39%+30,136+10.0%Added
Ensign Peak Advisors, Inc321,725$62.8M0.12%−18,367−5.4%Reduced
Wells Fargo & Company320,129$62.5M0.02%+20,260+6.8%Added
iA Global Asset Management Inc.315,162$61.5M1.06%+80,560+34.3%Added
Russell Investments Group, Ltd.313,621$61.2M0.08%+160,187+104.4%Added
Amundi304,454$60.7M0.02%+845+0.3%Added
Eventide Asset Management, LLC308,836$60.3M1.20%−1200.0%Reduced