Skip to main content

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.

Institutional holdersQ3 2025: 750 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 heldQ3 2025: $37.2B
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, Q3 2025

Shares, value and share of portfolio for each institution holding Waste Connections, Inc.; share changes are against Q2 2025.

Institutions holding WCN in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Arrowstreet Capital, Limited Partnership837,335$147.2M0.09%−310,247−27.0%Reduced
Agf Management Ltd861,240$151.4M0.67%+209,644+32.2%Added
Geode Capital Management, LLC823,960$151.7M0.01%+51,949+6.7%Added
Northern Trust Corp863,238$151.8M0.02%+5,624+0.7%Added
Clearbridge Investments, LLC934,058$164.2M0.12%+59,386+6.8%Added
Storebrand Asset Management AS998,542$175.5M0.46%+115,012+13.0%Added
Raymond James Financial Inc1,092,768$192.1M0.06%−196,823−15.3%Reduced
Omers Administration Corp1,120,652$197.0M1.41%00.0%Unchanged
King Luther Capital Management Corp1,121,736$197.2M0.81%−6,309−0.6%Reduced
DF Dent & Co Inc1,162,958$204.4M2.64%−58,357−4.8%Reduced
Macquarie Group Ltd1,163,354$204.5M0.24%−257,669−18.1%Reduced
Sands Capital Management, LLC1,183,194$208.0M0.57%+63,112+5.6%Added
Franklin Resources Inc1,212,565$213.2M0.05%−127,455−9.5%Reduced
Neuberger Berman Group LLC1,240,752$218.1M0.16%−120,582−8.9%Reduced
Legal & General Group Plc1,254,625$220.5M0.05%+160,024+14.6%Added
Two Sigma Investments, LP1,263,918$222.2M0.34%+301,389+31.3%Added
Brown Advisory Inc1,264,571$222.3M0.29%+4,411+0.4%Added
Connor, Clark & Lunn Investment Management Ltd.1,273,481$223.8M0.71%−756,208−37.3%Reduced
Public Employees Retirement Association of Colorado1,306,163$229.6M0.84%−11,748−0.9%Reduced
Canada Pension Plan Investment Board1,311,487$230.5M0.16%+78,283+6.3%Added
Nuveen, LLC1,492,971$262.5M0.07%−826,917−35.6%Reduced
Two Sigma Advisers, LP1,527,750$268.6M0.54%+484,200+46.4%Added
CIBC World Markets Inc.1,790,593$314.7M0.65%+61,699+3.6%Added
Goldman Sachs Group Inc1,834,668$322.5M0.05%−110,784−5.7%Reduced
State Street Corp1,878,261$330.2M0.01%+69,630+3.8%Added
Principal Financial Group Inc1,932,686$339.8M0.17%−17,251−0.9%Reduced
CIBC Asset Management Inc1,991,112$350.6M1.02%+711,990+55.7%Added
Gates Foundation TrustSuperinvestorGates Foundation Trust2,039,175$358.5M0.98%−110,000−5.1%Reduced
Montrusco Bolton Investments Inc.2,252,933$384.2M4.47%−53,769−2.3%Reduced
National Bank of Canada2,225,667$388.8M0.44%−459,655−17.1%Reduced
Stockbridge Partners LLC2,234,527$392.8M7.60%+96,753+4.5%Added
Fiera Capital Corp2,694,480$473.5M1.53%+233,400+9.5%Added
Manufacturers Life Insurance Company, The2,791,100$490.8M0.40%+347,923+14.2%Added
Bank of America Corp2,916,819$512.8M0.04%−121,967−4.0%Reduced
Morgan Stanley3,066,794$539.1M0.03%+412,504+15.5%Added
Pictet Asset Management Holding SA3,318,282$583.3M0.56%−772,425−18.9%Reduced
Price T Rowe Associates Inc3,364,748$591.5M0.06%−999,351−22.9%Reduced
FIL Ltd3,385,613$595.2M0.47%−2,789,663−45.2%Reduced
JPMorgan Chase & Co3,474,700$610.9M0.04%+35,820+1.0%Added
TD Asset Management Inc3,840,804$675.3M0.55%−102,185−2.6%Reduced
1832 Asset Management L.P.4,298,707$755.7M1.28%+303,132+7.6%Added
Wellington Management Group LLP4,455,162$783.2M0.14%+1,264,150+39.6%Added
Capital International Investors5,047,338$887.0M0.14%−958,474−16.0%Reduced
Mackenzie Financial Corp6,136,218$1.08B1.31%+918,245+17.6%Added
WCM Investment Management, LLC6,462,113$1.13B2.34%−39,606−0.6%Reduced
BlackRock, Inc.6,669,083$1.17B0.02%−786,141−10.5%Reduced
Bank of Montreal8,859,127$1.56B0.68%+548,019+6.6%Added
FMR LLC10,378,646$1.82B0.09%+4,870,666+88.4%Added
Royal Bank of Canada10,785,192$1.90B0.34%−408,064−3.6%Reduced
Vanguard Group Inc31,585,284$5.55B0.08%+717,440+2.3%Added
Alphinity Investment Management Pty Ltd0$00.00%−3,051,022−100.0%Sold out
Caisse de Depot Et Placement du Quebec0$00.00%−708,951−100.0%Sold out
BNP PARIBAS ASSET MANAGEMENT Holding S.A.0$00.00%−674,973−100.0%Sold out
William Blair Investment Management, LLC0$00.00%−339,466−100.0%Sold out
Quadrature Capital Ltd0$00.00%−212,400−100.0%Sold out
Waratah Capital Advisors Ltd.0$00.00%−89,983−100.0%Sold out
AXA S.A.0$00.00%−89,299−100.0%Sold out
Scopus Asset Management, L.P.0$00.00%−57,996−100.0%Sold out
Magnetar Financial LLC0$00.00%−46,332−100.0%Sold out
Voya Investment Management LLC0$00.00%−44,534−100.0%Sold out
Railway Pension Investments Ltd0$00.00%−41,900−100.0%Sold out
K.J. Harrison & Partners Inc0$00.00%−39,123−100.0%Sold out
Groupama Asset Managment0$00.00%−38,171−100.0%Sold out
4D Advisors, LLC0$00.00%−30,000−100.0%Sold out
Triasima Portfolio Management inc.0$00.00%−23,365−100.0%Sold out
Concentric Capital Strategies, LP0$00.00%−18,083−100.0%Sold out
Campbell & CO Investment Adviser LLC0$00.00%−16,336−100.0%Sold out
Anthracite Investment Company, Inc.0$00.00%−15,400−100.0%Sold out
Symmetry Investments LP0$00.00%−13,000−100.0%Sold out
Ninepoint Partners LP0$00.00%−11,970−100.0%Sold out
Calamos Wealth Management LLC0$00.00%−11,008−100.0%Sold out
Gluskin Sheff & Assoc Inc0$00.00%−8,967−100.0%Sold out
Portfolio Design Labs, LLC0$00.00%−6,247−100.0%Sold out
Taikang Asset Management (Hong Kong) Co Ltd0$00.00%−5,481−100.0%Sold out
Trium Capital LLP0$00.00%−5,382−100.0%Sold out
Mount Yale Investment Advisors, LLC0$00.00%−5,279−100.0%Sold out
Maven Securities LTD0$00.00%−5,066−100.0%Sold out
Caxton Associates LLP0$00.00%−4,208−100.0%Sold out
Marsico Capital Management LLC0$00.00%−4,091−100.0%Sold out
Henshaw Capital LLC0$00.00%−3,742−100.0%Sold out
Versor Investments LP0$00.00%−2,776−100.0%Sold out
Scientech Research LLC0$00.00%−2,559−100.0%Sold out
Brookstone Capital Management0$00.00%−2,343−100.0%Sold out
Chris Bulman Inc0$00.00%−2,169−100.0%Sold out
Proficio Capital Partners LLC0$00.00%−2,053−100.0%Sold out
ICONIQ Capital, LLC0$00.00%−2,025−100.0%Sold out
Kathmere Capital Management, LLC0$00.00%−1,956−100.0%Sold out
Principal Street Partners, LLC0$00.00%−1,952−100.0%Sold out
Dakota Wealth Management0$00.00%−1,899−100.0%Sold out
Whittier Trust Co0$00.00%−1,886−100.0%Sold out
GTS Securities LLC0$00.00%−1,797−100.0%Sold out
Kingswood Wealth Advisors, LLC0$00.00%−1,763−100.0%Sold out
Net Worth Advisory Group0$00.00%−1,712−100.0%Sold out
Farringdon Capital, Ltd.0$00.00%−1,707−100.0%Sold out
Journey Strategic Wealth LLC0$00.00%−1,587−100.0%Sold out
J. Safra Sarasin Holding AG0$00.00%−1,570−100.0%Sold out
Lingohr & Partner Asset Management GmbH0$00.00%−1,500−100.0%Sold out
Prudential Financial Inc0$00.00%−1,346−100.0%Sold out
Callan Family Office, LLC0$00.00%−1,342−100.0%Sold out
Genus Capital Management Inc.0$00.00%−1,272−100.0%Sold out