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, Q3 2025
Institutional positions in Waste Connections, Inc. as of Sep 30, 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
- 750
- −3 vs. Q2 2025
- Shares held
- 211.8M
- −5.02M (−2.3%) vs. Q2 2025
- Total value
- $37.2B
- −$3.29B (−8.1%) vs. Q2 2025
- New holders
- 77
- 263 more added
- Sold out
- 80
- 275 more reduced
14 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 2025: 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 842 | $35.4B |
| Q1 2026 | 796 | $34.8B |
| Q4 2025 | 815 | $38.5B |
| Q3 2025 | 750 | $37.2B |
| Q2 2025 | 767 | $41.3B |
| Q1 2025 | 737 | $43.2B |
| Q4 2024 | 736 | $37.9B |
| Q3 2024 | 729 | $39.6B |
| Q2 2024 | 696 | $38.8B |
| Q1 2024 | 682 | $38.0B |
| Q4 2023 | 638 | $33.3B |
| Q3 2023 | 607 | $30.4B |
| Q2 2023 | 605 | $32.0B |
| Q1 2023 | 602 | $31.2B |
| Q4 2022 | 603 | $29.7B |
| Q3 2022 | 567 | $30.8B |
| Q2 2022 | 561 | $27.4B |
| Q1 2022 | 534 | $30.3B |
| Q4 2021 | 528 | $30.0B |
| Q3 2021 | 470 | $27.6B |
| Q2 2021 | 478 | $25.8B |
| Q1 2021 | 460 | $23.4B |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Waste Connections, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 31,585,284 | $5.55B | 0.08% | +717,440+2.3% | Added |
| Royal Bank of Canada | 10,785,192 | $1.90B | 0.34% | −408,064−3.6% | Reduced |
| FMR LLC | 10,378,646 | $1.82B | 0.09% | +4,870,666+88.4% | Added |
| Bank of Montreal | 8,859,127 | $1.56B | 0.68% | +548,019+6.6% | Added |
| BlackRock, Inc. | 6,669,083 | $1.17B | 0.02% | −786,141−10.5% | Reduced |
| WCM Investment Management, LLC | 6,462,113 | $1.13B | 2.34% | −39,606−0.6% | Reduced |
| Mackenzie Financial Corp | 6,136,218 | $1.08B | 1.31% | +918,245+17.6% | Added |
| Capital International Investors | 5,047,338 | $887.0M | 0.14% | −958,474−16.0% | Reduced |
| Wellington Management Group LLP | 4,455,162 | $783.2M | 0.14% | +1,264,150+39.6% | Added |
| 1832 Asset Management L.P. | 4,298,707 | $755.7M | 1.28% | +303,132+7.6% | Added |
| TD Asset Management Inc | 3,840,804 | $675.3M | 0.55% | −102,185−2.6% | Reduced |
| JPMorgan Chase & Co | 3,474,700 | $610.9M | 0.04% | +35,820+1.0% | Added |
| FIL Ltd | 3,385,613 | $595.2M | 0.47% | −2,789,663−45.2% | Reduced |
| Price T Rowe Associates Inc | 3,364,748 | $591.5M | 0.06% | −999,351−22.9% | Reduced |
| Pictet Asset Management Holding SA | 3,318,282 | $583.3M | 0.56% | −772,425−18.9% | Reduced |
| Morgan Stanley | 3,066,794 | $539.1M | 0.03% | +412,504+15.5% | Added |
| Bank of America Corp | 2,916,819 | $512.8M | 0.04% | −121,967−4.0% | Reduced |
| Manufacturers Life Insurance Company, The | 2,791,100 | $490.8M | 0.40% | +347,923+14.2% | Added |
| Fiera Capital Corp | 2,694,480 | $473.5M | 1.53% | +233,400+9.5% | Added |
| Stockbridge Partners LLC | 2,234,527 | $392.8M | 7.60% | +96,753+4.5% | Added |
| National Bank of Canada | 2,225,667 | $388.8M | 0.44% | −459,655−17.1% | Reduced |
| Montrusco Bolton Investments Inc. | 2,252,933 | $384.2M | 4.47% | −53,769−2.3% | Reduced |
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 2,039,175 | $358.5M | 0.98% | −110,000−5.1% | Reduced |
| CIBC Asset Management Inc | 1,991,112 | $350.6M | 1.02% | +711,990+55.7% | Added |
| Principal Financial Group Inc | 1,932,686 | $339.8M | 0.17% | −17,251−0.9% | Reduced |
| State Street Corp | 1,878,261 | $330.2M | 0.01% | +69,630+3.8% | Added |
| Goldman Sachs Group Inc | 1,834,668 | $322.5M | 0.05% | −110,784−5.7% | Reduced |
| CIBC World Markets Inc. | 1,790,593 | $314.7M | 0.65% | +61,699+3.6% | Added |
| Two Sigma Advisers, LP | 1,527,750 | $268.6M | 0.54% | +484,200+46.4% | Added |
| Nuveen, LLC | 1,492,971 | $262.5M | 0.07% | −826,917−35.6% | Reduced |
| Canada Pension Plan Investment Board | 1,311,487 | $230.5M | 0.16% | +78,283+6.3% | Added |
| Public Employees Retirement Association of Colorado | 1,306,163 | $229.6M | 0.84% | −11,748−0.9% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 1,273,481 | $223.8M | 0.71% | −756,208−37.3% | Reduced |
| Brown Advisory Inc | 1,264,571 | $222.3M | 0.29% | +4,411+0.4% | Added |
| Two Sigma Investments, LP | 1,263,918 | $222.2M | 0.34% | +301,389+31.3% | Added |
| Legal & General Group Plc | 1,254,625 | $220.5M | 0.05% | +160,024+14.6% | Added |
| Neuberger Berman Group LLC | 1,240,752 | $218.1M | 0.16% | −120,582−8.9% | Reduced |
| Franklin Resources Inc | 1,212,565 | $213.2M | 0.05% | −127,455−9.5% | Reduced |
| Sands Capital Management, LLC | 1,183,194 | $208.0M | 0.57% | +63,112+5.6% | Added |
| Macquarie Group Ltd | 1,163,354 | $204.5M | 0.24% | −257,669−18.1% | Reduced |
| DF Dent & Co Inc | 1,162,958 | $204.4M | 2.64% | −58,357−4.8% | Reduced |
| King Luther Capital Management Corp | 1,121,736 | $197.2M | 0.81% | −6,309−0.6% | Reduced |
| Omers Administration Corp | 1,120,652 | $197.0M | 1.41% | 00.0% | Unchanged |
| Raymond James Financial Inc | 1,092,768 | $192.1M | 0.06% | −196,823−15.3% | Reduced |
| Storebrand Asset Management AS | 998,542 | $175.5M | 0.46% | +115,012+13.0% | Added |
| Clearbridge Investments, LLC | 934,058 | $164.2M | 0.12% | +59,386+6.8% | Added |
| Northern Trust Corp | 863,238 | $151.8M | 0.02% | +5,624+0.7% | Added |
| Geode Capital Management, LLC | 823,960 | $151.7M | 0.01% | +51,949+6.7% | Added |
| Agf Management Ltd | 861,240 | $151.4M | 0.67% | +209,644+32.2% | Added |
| Arrowstreet Capital, Limited Partnership | 837,335 | $147.2M | 0.09% | −310,247−27.0% | Reduced |
| UBS Group AG | 784,639 | $137.9M | 0.03% | +279,846+55.4% | Added |
| Snyder Capital Management L P | 769,446 | $135.3M | 2.56% | +89,111+13.1% | Added |
| Swiss National Bank | 744,845 | $130.9M | 0.08% | −37,300−4.8% | Reduced |
| T. Rowe Price Investment Management, Inc. | 734,871 | $129.2M | 0.08% | −709,340−49.1% | Reduced |
| Ameriprise Financial Inc | 676,824 | $127.2M | 0.03% | −44,472−6.2% | Reduced |
| Findlay Park Partners LLP | 721,958 | $126.9M | 1.33% | −13,000−1.8% | Reduced |
| British Columbia Investment Management Corp | 709,903 | $124.8M | 0.71% | +28,053+4.1% | Added |
| Skye Global Management LP | 682,500 | $120.0M | 2.42% | +90,500+15.3% | Added |
| Silvercrest Asset Management Group LLC | 680,825 | $119.7M | 0.79% | +8,213+1.2% | Added |
| Toronto Dominion Bank | 671,838 | $118.1M | 0.23% | +118,934+21.5% | Added |
| Rathbone Brothers plc | 661,576 | $116.3M | 0.47% | +15,749+2.4% | Added |
| TCW Group Inc | 652,199 | $114.7M | 0.96% | −29,360−4.3% | Reduced |
| Deutsche Bank AG | 650,210 | $114.3M | 0.04% | −240,263−27.0% | Reduced |
| Impax Asset Management Group plc | 653,811 | $113.2M | 0.66% | +21,091+3.3% | Added |
| Schroder Investment Management Group | 649,117 | $113.1M | 0.09% | −371,926−36.4% | Reduced |
| EULAV Asset Management | 620,713 | $109.1M | 2.54% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 609,212 | $107.1M | 0.02% | −3,512−0.6% | Reduced |
| Dimensional Fund Advisors LP | 604,170 | $106.2M | 0.02% | +85,395+16.5% | Added |
| Baird Financial Group, Inc. | 577,005 | $101.4M | 0.16% | +1,483+0.3% | Added |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 575,561 | $101.2M | 0.09% | +37,018+6.9% | Added |
| Amundi | 573,855 | $100.2M | 0.03% | +92,254+19.2% | Added |
| Picton Mahoney Asset Management | 540,326 | $95.0M | 1.21% | −217,174−28.7% | Reduced |
| DekaBank Deutsche Girozentrale | 534,779 | $94.0M | 0.16% | 00.0% | Unchanged |
| Voloridge Investment Management, LLC | 525,862 | $92.4M | 0.31% | +174,866+49.8% | Added |
| Allianz Asset Management GmbH | 486,534 | $85.6M | 0.11% | −16,141−3.2% | Reduced |
| Envestnet Asset Management Inc | 483,286 | $85.0M | 0.02% | +15,737+3.4% | Added |
| Allspring Global Investments Holdings, LLC | 463,185 | $81.1M | 0.13% | −8,309−1.8% | Reduced |
| Bank of Nova Scotia | 440,269 | $77.4M | 0.14% | −63,971−12.7% | Reduced |
| Scotia Capital Inc. | 432,490 | $76.0M | 0.32% | +4,960+1.2% | Added |
| MUFG Securities (Canada), Ltd. | 427,573 | $75.2M | 2.10% | −10,425−2.4% | Reduced |
| Qube Research & Technologies Ltd | 427,077 | $75.1M | 0.11% | −75,074−15.0% | Reduced |
| TD Waterhouse Canada Inc. | 417,987 | $72.2M | 0.47% | +32,908+8.5% | Added |
| Davis R M Inc | 396,441 | $69.7M | 1.22% | −1,526−0.4% | Reduced |
| Massachusetts Financial Services Co | 394,299 | $69.3M | 0.02% | −38,824−9.0% | Reduced |
| National Pension Service | 385,446 | $67.8M | 0.05% | +8,725+2.3% | Added |
| Tandem Investment Advisors, Inc. | 379,332 | $66.7M | 2.28% | +4,442+1.2% | Added |
| Citadel Advisors LLC | 352,512 | $62.0M | 0.05% | +349,041+10,055.9% | Added |
| Argent Capital Management LLC | 348,681 | $61.3M | 1.67% | −4,262−1.2% | Reduced |
| Nicholas Company, Inc. | 339,162 | $59.6M | 1.01% | −5,870−1.7% | Reduced |
| Premier Fund Managers Ltd | 332,721 | $58.0M | 2.38% | +303+0.1% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 327,140 | $57.5M | 0.03% | +26,205+8.7% | Added |
| Bank of New York Mellon Corp | 313,589 | $55.1M | 0.01% | −76,556−19.6% | Reduced |
| Eventide Asset Management, LLC | 309,521 | $54.4M | 0.89% | +353+0.1% | Added |
| California State Teachers Retirement System | 295,000 | $51.9M | 0.05% | +2,089+0.7% | Added |
| Russell Investments Group, Ltd. | 293,225 | $51.5M | 0.06% | −35,294−10.7% | Reduced |
| Addenda Capital Inc. | 210,050 | $51.4M | 1.52% | −964−0.5% | Reduced |
| Jane Street Group, LLC | 291,319 | $51.2M | 0.06% | +237,160+437.9% | Added |
| Baskin Financial Services Inc. | 291,312 | $51.2M | 3.76% | +540.0% | Added |
| Westfield Capital Management Co LP | 288,730 | $50.8M | 0.21% | −46,289−13.8% | Reduced |
| Federation des caisses Desjardins du Quebec | 292,414 | $50.5M | 0.20% | −6,629−2.2% | Reduced |