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, 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
Ravenstone Capital Management Inc.51,117$8.97M4.09%+2,910+6.0%Added
Investment Management Corp of Ontario51,227$8.98M0.12%+29,516+135.9%Added
Forsta Ap-Fonden51,700$9.07M0.05%−1,000−1.9%Reduced
Appleton Partners Inc51,880$9.10M0.60%+612+1.2%Added
Northwest & Ethical Investments L.P.52,060$9.18M0.21%+7,848+17.8%Added
Segall Bryant & Hamill, LLC52,634$9.23M0.12%−7,542−12.5%Reduced
Skandinaviska Enskilda Banken AB (publ)53,013$9.30M0.04%−1,350−2.5%Reduced
Edentree Asset Management Ltd53,300$9.34M2.86%−28,350−34.7%Reduced
Candriam Luxembourg S.C.A.54,956$9.65M0.05%−35,594−39.3%Reduced
Aviso Financial Inc.55,094$9.66M0.37%+4,358+8.6%Added
Daiwa Securities Group Inc.57,317$10.1M0.03%−619−1.1%Reduced
Ci Investments Inc.57,598$10.1M0.04%−1,041−1.8%Reduced
GW Henssler & Associates Ltd57,621$10.1M0.49%−16,550−22.3%Reduced
US Bancorp57,674$10.1M0.01%−193−0.3%Reduced
Fulton Breakefield Broenniman LLC59,329$10.4M0.66%−4,853−7.6%Reduced
LPL Financial LLC59,442$10.4M0.00%+3,657+6.6%Added
LMCG Investments, LLC60,127$10.5M0.60%+11,707+24.2%Added
Oppenheimer Asset Management Inc.60,140$10.5M0.13%+8,363+16.2%Added
Mirabaud Asset Management Ltd56,620$10.8M5.16%+12,680+28.9%Added
DnB Asset Management AS61,644$10.8M0.04%−72,222−54.0%Reduced
HRT Financial LP61,647$10.8M0.03%+34,040+123.3%Added
Capital Group Private Client Services, Inc.64,772$11.4M0.18%−859−1.3%Reduced
Generate Investment Management Ltd66,907$11.7M0.54%+133+0.2%Added
Cidel Asset Management Inc67,753$11.9M0.84%−95,922−58.6%Reduced
PBU - The Pension Fund of Early Childhood & Youth Educators67,860$11.9M0.17%+67,860New
CI Private Wealth, LLC68,335$12.0M0.02%−3,638−5.1%Reduced
Sit Investment Associates Inc68,766$12.1M0.24%+6,173+9.9%Added
Allworth Financial LP71,107$12.5M0.05%−400−0.6%Reduced
Gateway Investment Advisers LLC72,517$12.7M0.12%+873+1.2%Added
Arizona State Retirement System72,677$12.7M0.07%−2,814−3.7%Reduced
Frontier Capital Management Co LLC74,454$13.1M0.14%−79,658−51.7%Reduced
Sirios Capital Management L P75,515$13.2M1.65%−1,198−1.6%Reduced
Blair William & Co78,181$13.7M0.04%−7,286−8.5%Reduced
Nomura Asset Management Co Ltd78,360$13.7M0.03%−200−0.3%Reduced
Lansforsakringar Fondforvaltning AB (publ)81,125$14.2M0.07%−351−0.4%Reduced
Parnassus Investments81,398$14.3M0.04%+79,904+5,348.3%Added
Gamco Investors, Inc. Et Al82,373$14.4M0.14%+426+0.5%Added
Perpetual Ltd83,561$14.7M0.21%+3,933+4.9%Added
The PNC Financial Services Group, Inc.85,193$14.9M0.01%−91−0.1%Reduced
Sustainable Growth Advisers, LP85,319$15.0M0.10%−967−1.1%Reduced
State of New Jersey Common Pension Fund D85,449$15.0M0.05%−1,956−2.2%Reduced
Motley Fool Asset Management LLC86,300$15.1M0.59%−3,287−3.7%Reduced
MUFG Securities EMEA plc90,000$15.8M0.18%+90,000New
BNP Paribas Arbitrage, SA91,890$16.1M0.01%−55,420−37.6%Reduced
Resona Asset Management Co.,Ltd.93,375$16.4M0.08%−2,259−2.4%Reduced
Prana Capital Management, LP97,159$17.0M0.62%+23,647+32.2%Added
KLP Kapitalforvaltning AS98,324$17.2M0.07%+400+0.4%Added
Copeland Capital Management, LLC98,766$17.3M0.39%−4,298−4.2%Reduced
Mn Services Vermogensbeheer B.V.99,070$17.4M0.11%+1,370+1.4%Added
Renaissance Technologies LLC99,661$17.5M0.03%+61,800+163.2%Added
LTS One Management LP99,750$17.5M6.75%+99,750New
Asset Management One Co.,Ltd.102,877$18.4M0.05%−1,745−1.7%Reduced
Cresset Asset Management, LLC105,723$18.6M0.08%+16,902+19.0%Added
Choate Investment Advisors108,584$19.0M0.37%−4,750−4.2%Reduced
Brasada Capital Management, LP110,356$19.2M3.30%−821−0.7%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund111,800$19.6M0.16%−16,300−12.7%Reduced
Dixon Mitchell Investment Counsel Inc.111,967$19.7M0.65%+188+0.2%Added
Walleye Capital LLC112,413$19.7M0.11%−5,440−4.6%Reduced
Bank of Nova Scotia Trust Co115,208$20.2M1.76%+3,584+3.2%Added
Nordea Investment Management AB117,323$20.8M0.02%+2,448+2.1%Added
Telemark Asset Management, LLC120,000$21.0M2.10%−30,000−20.0%Reduced
HSBC Holdings PLC120,378$21.1M0.01%−98,127−44.9%Reduced
Allspring Global Investments Holdings, LLC122,396$21.3M0.03%−340,789−73.6%Reduced
Great West Life Assurance Co128,393$22.4M0.04%−3,191−2.4%Reduced
State of Wisconsin Investment Board129,724$22.7M0.05%−6,135−4.5%Reduced
Citigroup Inc132,974$23.4M0.02%+55,495+71.6%Added
D. E. Shaw & Co., Inc.133,752$23.5M0.02%+7,326+5.8%Added
APG Asset Management N.V.161,616$24.2M0.07%−15,626−8.8%Reduced
Gradient Investments LLC145,595$25.5M0.41%+22,722+18.5%Added
Korea Investment CORP146,614$25.7M0.05%+42,575+40.9%Added
Zurcher Kantonalbank (Zurich Cantonalbank)151,227$26.6M0.06%−20,724−12.1%Reduced
iA Global Asset Management Inc.152,418$26.7M0.34%00.0%Unchanged
Tredje AP-fonden154,800$27.1M0.20%+154,800New
Jupiter Asset Management Ltd156,250$27.4M0.22%+14,265+10.0%Added
Mariner, LLC158,227$27.8M0.03%+5,516+3.6%Added
Harvey Investment Co LLC158,702$27.9M2.97%−1,393−0.9%Reduced
TimesSquare Capital Management, LLC160,296$28.1M0.42%−101,984−38.9%Reduced
Fisher Funds Management LTD159,613$28.2M0.73%+71,277+80.7%Added
Sycomore Asset Management117,228$28.2M4.67%00.0%Unchanged
Capital International Inc161,247$28.3M0.22%+39,351+32.3%Added
Oakmont Corp166,458$29.2M5.05%+3,774+2.3%Added
Point72 Asset Management, L.P.169,191$29.7M0.05%+169,191New
Schonfeld Strategic Advisors LLC170,373$29.9M0.15%+53,822+46.2%Added
Millennium Management LLC183,581$32.2M0.02%−102,441−35.8%Reduced
Public Sector Pension Investment Board184,137$32.3M0.11%+126,909+221.8%Added
Nicola Wealth Management Ltd.185,400$32.5M2.96%−2,700−1.4%Reduced
Natixis Advisors, L.P.185,870$32.6M0.05%−6,929−3.6%Reduced
Gabelli Funds LLC186,022$32.6M0.22%−1,800−1.0%Reduced
Kimelman & Baird, LLC189,399$33.2M2.55%+144+0.1%Added
Stifel Financial Corp190,291$33.4M0.03%−6,551−3.3%Reduced
Bamco Inc200,000$35.1M0.10%00.0%Unchanged
Janus Henderson Group PLC202,104$35.4M0.02%+7,002+3.6%Added
Danske Bank A/S204,483$35.9M0.08%+17,247+9.2%Added
Aviva PLC206,412$36.2M0.06%+1,180+0.6%Added
T. Rowe Price Investment Management, Inc.214,425$37.6M0.02%−520,446−70.8%Reduced
Premier Fund Managers Ltd213,073$38.0M2.19%−119,648−36.0%Reduced
Mitsubishi UFJ Trust & Banking Corp216,551$38.0M0.09%−4,131−1.9%Reduced
Harvey Partners, LLC224,159$39.3M3.53%+159+0.1%Added
Visualize Group LP228,759$40.1M14.98%+620+0.3%Added
SG Americas Securities, LLC233,477$40.9M0.05%+97,706+72.0%Added