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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, Q4 2025

Institutional positions in Waste Connections, 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
815
+87 vs. Q3 2025
Shares held
218.9M
+7.61M (+3.6%) vs. Q3 2025
Total value
$38.5B
+$1.33B (+3.6%) vs. Q3 2025
New holders
145
271 more added
Sold out
58
275 more reduced

22 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 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 holdersQ4 2025: 815 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 heldQ4 2025: $38.5B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Waste Connections, Inc.; share changes are against Q3 2025.

Institutions holding WCN in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
National Asset Management, Inc.1,310$229.7K0.01%+11+0.8%Added
Keel Point, LLC1,312$230.1K0.01%+161+14.0%Added
Handelsbanken Fonder AB1,319$231.0K0.00%−1,962−59.8%Reduced
Castle Rock Wealth Management, LLC1,436$238.6K0.05%−50−3.4%Reduced
Caerus Investment Advisors, LLC1,361$238.7K0.08%+1,361New
Syon Capital LLC1,370$240.2K0.01%+1,370New
Spirit of America Management Corp1,375$241.1K0.05%−5,400−79.7%Reduced
Private Advisor Group, LLC1,391$243.9K0.00%−144−9.4%Reduced
YHB Investment Advisors, Inc.1,391$244.3K0.02%00.0%Unchanged
Farther Finance Advisors, LLC1,394$244.5K0.00%+464+49.9%Added
Catalyst Funds Management Pty Ltd1,400$245.5K0.06%+1,400New
Fukoku Mutual Life Insurance Co1,404$246.2K0.02%00.0%Unchanged
Fiduciary Trust Co1,405$246.3K0.00%−35−2.4%Reduced
PDS Planning, Inc1,408$246.9K0.02%+3+0.2%Added
Athena Wealth Management, LLC1,437$252.0K0.24%+1,437New
Cladis Investment Advisory, LLC1,444$253.2K0.14%00.0%Unchanged
Ascent Group, LLC1,451$254.4K0.01%−57−3.8%Reduced
Safe Harbor Wealth Advisors, LLC1,617$254.8K0.25%+1,617New
Pallas Capital Advisors LLC1,461$256.2K0.01%+1,461New
Regions Financial Corp1,467$257.3K0.00%+34+2.4%Added
Indivisible Partners1,468$257.4K0.03%+1,468New
Polymer Capital Management (US) LLC1,470$257.8K0.03%−12,584−89.5%Reduced
Dogwood Wealth Management LLC1,475$258.7K0.11%+74+5.3%Added
Legacy Financial Advisors, Inc.1,475$258.7K0.04%+161+12.3%Added
Chevy Chase Trust Holdings, Inc.1,491$261.5K0.00%00.0%Unchanged
Lewis Asset Management, LLC1,494$262.0K0.11%00.0%Unchanged
Merrion Investment Management Co, LLC1,500$263.0K0.14%00.0%Unchanged
Greenfield Savings Bank1,500$263.0K0.11%00.0%Unchanged
Citizens Financial Group Inc1,502$263.4K0.00%+1,502New
Howard Capital Management Group, LLC1,527$267.8K0.02%00.0%Unchanged
Gilbert & Cook, Inc.1,534$269.0K0.03%+9+0.6%Added
State of Wyoming1,535$269.6K0.03%+190+14.1%Added
Ballentine Partners, LLC1,563$274.1K0.00%+189+13.8%Added
AlphaCore Capital LLC1,580$277.1K0.01%+1,230+351.4%Added
Integrated Advisors Network LLC1,622$284.5K0.01%−63−3.7%Reduced
Modern Wealth Management, LLC1,645$288.6K0.01%+174+11.8%Added
IHT Wealth Management, LLC1,659$291.0K0.01%+27+1.7%Added
Custom Index Systems, LLC1,665$292.0K0.13%00.0%Unchanged
Independent Advisor Alliance1,705$299.0K0.01%+1,705New
Assetmark, Inc1,717$301.1K0.00%+272+18.8%Added
Pure Financial Advisors, Inc.1,722$302.0K0.00%+1,722New
Mechanics Bank Trust Department1,745$306.0K0.04%+170+10.8%Added
Johnson Investment Counsel Inc1,749$306.7K0.00%00.0%Unchanged
Davenport & Co LLC1,748$307.0K0.00%−60−3.3%Reduced
Perigon Wealth Management, LLC1,757$308.0K0.01%+1,757New
Clarendon Private LLC1,757$308.1K0.26%+185+11.8%Added
Lathrop Investment Management Corp1,772$311.0K0.06%+92+5.5%Added
Summit Financial, LLC1,782$312.5K0.00%+5+0.3%Added
Folger Nolan Fleming Douglas Capital Management, Inc1,800$316.1K0.03%00.0%Unchanged
David R. Rahn & Associates Inc.1,817$318.6K0.08%+1,817New
Chilton Investment Co LLC1,845$324.0K0.01%−200−9.8%Reduced
UBS Asset Management Americas Inc1,849$324.2K0.00%−4,031−68.6%Reduced
Parallel Advisors, LLC1,865$327.2K0.01%+492+35.8%Added
Enterprise Financial Services Corp1,874$328.6K0.17%+53+2.9%Added
Hilltop Holdings Inc.1,877$329.1K0.02%−117−5.9%Reduced
Mirae Asset Global Investments Co., Ltd.1,879$329.5K0.00%+134+7.7%Added
Boston Family Office LLC1,890$331.0K0.02%+285+17.8%Added
Journey Strategic Wealth LLC1,898$332.9K0.01%+1,898New
Tred Avon Family Wealth, LLC1,900$333.2K0.11%+1,900New
Yarbrough Capital, LLC1,903$333.7K0.01%00.0%Unchanged
Wellspring Financial Advisors, LLC1,966$346.6K0.03%+1,966New
Aigen Investment Management, LP1,457$350.7K0.08%−19,765−93.1%Reduced
Krilogy Financial LLC2,056$352.2K0.01%+378+22.5%Added
Pensionmark Financial Group, LLC2,048$359.2K0.01%+345+20.3%Added
Pacer Advisors, Inc.2,048$359.2K0.00%−46−2.2%Reduced
United Capital Financial Advisers, LLC2,060$361.3K0.00%+119+6.1%Added
Fisher Asset Management, LLC2,073$363.7K0.00%+211+11.3%Added
Thompson David Blair2,087$366.0K0.21%+2,087New
Mainstay Capital Management LLC2,092$366.9K0.03%+115+5.8%Added
Financial Consulate, Inc2,123$372.3K0.05%−555−20.7%Reduced
AA Financial Advisors, LLC2,133$374.0K0.07%+132+6.6%Added
Somerset Trust Co2,137$374.7K0.11%−300−12.3%Reduced
Aviance Capital Partners, LLC2,150$377.0K0.04%00.0%Unchanged
Storgate, LLC2,156$378.1K0.31%+2,156New
Marks Group Wealth Management, Inc2,164$379.5K0.04%+2,164New
Bridges Investment Management Inc2,255$395.4K0.01%+612+37.2%Added
Logan Capital Management Inc2,287$401.0K0.02%00.0%Unchanged
Advisory Services Network, LLC2,296$403.0K0.01%−30−1.3%Reduced
Global Retirement Partners, LLC2,307$404.5K0.01%+839+57.2%Added
Tacita Capital Inc2,307$404.8K0.23%−2,782−54.7%Reduced
Greenleaf Trust2,313$405.6K0.00%+2,313New
Arkadios Wealth Advisors2,323$407.4K0.01%+86+3.8%Added
Ieq Capital, LLC2,367$415.1K0.00%+2,367New
Generali Asset Management SPA SGR1,876$423.7K0.01%+43+2.3%Added
Tocqueville Asset Management L.P.2,446$428.9K0.01%+379+18.3%Added
RDA Financial Network2,459$431.2K0.10%+67+2.8%Added
Traynor Capital Management, Inc.2,473$433.7K0.02%−135−5.2%Reduced
Resources Investment Advisors, LLC.2,506$439.5K0.00%−5−0.2%Reduced
Bartlett & Co. Wealth Management LLC2,512$440.5K0.01%−152−5.7%Reduced
Carnegie Capital Asset Management, LLC2,527$443.1K0.01%−190−7.0%Reduced
Leonteq Securities AG1,956$447.2K0.02%−98−4.8%Reduced
Savvy Advisors, Inc.2,551$447.3K0.01%+2,551New
Apollon Wealth Management, LLC2,565$449.9K0.01%+333+14.9%Added
Centiva Capital, LP2,596$455.2K0.03%−1,308−33.5%Reduced
Engineers Gate Manager LP2,604$456.7K0.01%−44,397−94.5%Reduced
Parsonex Advisory Services, Inc.2,610$457.7K0.29%−64−2.4%Reduced
HighPoint Advisor Group LLC2,627$460.7K0.01%−145−5.2%Reduced
First Trust Advisors LP2,635$462.1K0.00%−26,088−90.8%Reduced
Buckingham Strategic Partners2,648$464.5K0.01%+2,648New
Clearstead Advisors, LLC2,679$469.8K0.01%−19−0.7%Reduced