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.
| 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, Q4 2025
Shares, value and share of portfolio for each institution holding Waste Connections, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Wells Fargo & Company | 234,764 | $41.2M | 0.01% | −40,847−14.8% | Reduced |
| Barclays PLC | 234,945 | $41.2M | 0.02% | −17,463−6.9% | Reduced |
| State of Tennessee, Treasury Department | 245,455 | $41.2M | 0.13% | −13,560−5.2% | Reduced |
| Osterweis Capital Management Inc | 237,665 | $41.7M | 1.76% | +23,868+11.2% | Added |
| CIBC Private Wealth Group, LLC | 244,632 | $42.9M | 0.07% | −17,684−6.7% | Reduced |
| Douglas Lane & Associates, LLC | 250,973 | $44.0M | 0.60% | +36,684+17.1% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 253,851 | $44.2M | 0.03% | +10,764+4.4% | Added |
| Ensign Peak Advisors, Inc | 264,713 | $46.4M | 0.08% | −12,243−4.4% | Reduced |
| Bank of Nova Scotia | 268,998 | $47.2M | 0.07% | −171,271−38.9% | Reduced |
| Aureus Asset Management, LLC | 271,386 | $47.6M | 3.03% | +39,482+17.0% | Added |
| Baskin Financial Services Inc. | 290,404 | $50.9M | 3.83% | −908−0.3% | Reduced |
| California State Teachers Retirement System | 291,435 | $51.1M | 0.05% | −3,565−1.2% | Reduced |
| Addenda Capital Inc. | 220,427 | $53.1M | 1.56% | +10,377+4.9% | Added |
| Russell Investments Group, Ltd. | 303,953 | $53.4M | 0.06% | +10,728+3.7% | Added |
| Qube Research & Technologies Ltd | 309,158 | $54.2M | 0.08% | −117,919−27.6% | Reduced |
| Eventide Asset Management, LLC | 310,111 | $54.4M | 0.85% | +590+0.2% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 311,161 | $54.6M | 0.03% | −15,979−4.9% | Reduced |
| Westfield Capital Management Co LP | 313,276 | $54.9M | 0.23% | +24,546+8.5% | Added |
| Bank of New York Mellon Corp | 320,657 | $56.2M | 0.01% | +7,068+2.3% | Added |
| SEI Investments Co | 322,435 | $56.5M | 0.06% | +65,083+25.3% | Added |
| Argent Capital Management LLC | 338,295 | $59.3M | 1.68% | −10,386−3.0% | Reduced |
| Marshall Wace, LLP | 340,628 | $59.7M | 0.06% | +72,302+26.9% | Added |
| Invesco Ltd. | 354,424 | $62.2M | 0.01% | +165,344+87.4% | Added |
| Voloridge Investment Management, LLC | 356,705 | $62.6M | 0.22% | −169,157−32.2% | Reduced |
| TD Waterhouse Canada Inc. | 364,682 | $63.2M | 0.39% | −53,305−12.8% | Reduced |
| Tandem Investment Advisors, Inc. | 362,780 | $63.6M | 2.37% | −16,552−4.4% | Reduced |
| Massachusetts Financial Services Co | 387,552 | $68.0M | 0.02% | −6,747−1.7% | Reduced |
| MUFG Securities (Canada), Ltd. | 389,553 | $68.3M | 1.90% | −38,020−8.9% | Reduced |
| Davis R M Inc | 390,930 | $68.6M | 1.18% | −5,511−1.4% | Reduced |
| National Pension Service | 402,969 | $70.7M | 0.05% | +17,523+4.5% | Added |
| Champlain Investment Partners, LLC | 412,335 | $72.3M | 0.73% | +412,335 | New |
| PGGM Investments | 423,659 | $74.3M | 1.18% | +169,504+66.7% | Added |
| Ameriprise Financial Inc | 394,025 | $76.9M | 0.02% | −282,799−41.8% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 437,550 | $76.9M | 0.09% | +437,550 | New |
| Nicholas Company, Inc. | 449,112 | $78.8M | 1.38% | +109,950+32.4% | Added |
| Allianz Asset Management GmbH | 452,932 | $79.5M | 0.09% | −33,602−6.9% | Reduced |
| Envestnet Asset Management Inc | 455,650 | $79.9M | 0.02% | −27,636−5.7% | Reduced |
| Scotia Capital Inc. | 470,499 | $81.7M | 0.33% | +38,009+8.8% | Added |
| Balyasny Asset Management LLC | 469,105 | $82.3M | 0.15% | +265,517+130.4% | Added |
| Impax Asset Management Group plc | 481,705 | $84.5M | 0.53% | −172,106−26.3% | Reduced |
| BCV Asset Management Inc. | 414,046 | $92.6M | 2.34% | +414,046 | New |
| DekaBank Deutsche Girozentrale | 534,779 | $96.3M | 0.18% | 00.0% | Unchanged |
| Schroder Investment Management Group | 547,482 | $97.5M | 0.07% | −101,635−15.7% | Reduced |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 573,232 | $100.5M | 0.09% | −2,329−0.4% | Reduced |
| EULAV Asset Management | 590,713 | $103.6M | 2.76% | −30,000−4.8% | Reduced |
| Amundi | 599,586 | $105.1M | 0.03% | +25,731+4.5% | Added |
| Findlay Park Partners LLP | 600,458 | $105.3M | 1.34% | −121,500−16.8% | Reduced |
| TCW Group Inc | 612,177 | $107.4M | 0.77% | −40,022−6.1% | Reduced |
| Dimensional Fund Advisors LP | 622,612 | $109.2M | 0.02% | +18,442+3.1% | Added |
| Charles Schwab Investment Management Inc | 628,277 | $110.3M | 0.02% | +19,065+3.1% | Added |
| Baird Financial Group, Inc. | 637,323 | $111.8M | 0.17% | +60,318+10.5% | Added |
| Picton Mahoney Asset Management | 641,243 | $112.6M | 1.23% | +100,917+18.7% | Added |
| Silvercrest Asset Management Group LLC | 649,592 | $113.9M | 0.78% | −31,233−4.6% | Reduced |
| Rathbone Brothers plc | 669,442 | $117.4M | 0.46% | +7,866+1.2% | Added |
| Arrowstreet Capital, Limited Partnership | 703,033 | $123.3M | 0.07% | −134,302−16.0% | Reduced |
| Swiss National Bank | 705,645 | $123.7M | 0.07% | −39,200−5.3% | Reduced |
| Federation des caisses Desjardins du Quebec | 756,236 | $131.2M | 0.50% | +463,822+158.6% | Added |
| UBS Group AG | 759,761 | $133.2M | 0.03% | −24,878−3.2% | Reduced |
| Agf Management Ltd | 766,893 | $134.5M | 0.58% | −94,347−11.0% | Reduced |
| AQR Capital Management LLC | 775,312 | $136.0M | 0.07% | +593,715+326.9% | Added |
| Snyder Capital Management L P | 789,117 | $138.4M | 2.58% | +19,671+2.6% | Added |
| Toronto Dominion Bank | 806,698 | $141.5M | 0.25% | +134,860+20.1% | Added |
| FIL Ltd | 835,391 | $146.5M | 0.11% | −2,550,222−75.3% | Reduced |
| Northern Trust Corp | 851,725 | $149.4M | 0.02% | −11,513−1.3% | Reduced |
| Skye Global Management LP | 892,000 | $156.4M | 3.16% | +209,500+30.7% | Added |
| Clearbridge Investments, LLC | 907,316 | $159.1M | 0.13% | −26,742−2.9% | Reduced |
| Geode Capital Management, LLC | 873,578 | $160.5M | 0.01% | +49,618+6.0% | Added |
| Sands Capital Management, LLC | 965,880 | $169.4M | 0.52% | −217,314−18.4% | Reduced |
| Storebrand Asset Management AS | 1,001,326 | $175.6M | 0.47% | +2,784+0.3% | Added |
| Citadel Advisors LLC | 1,034,755 | $181.5M | 0.12% | +682,243+193.5% | Added |
| DF Dent & Co Inc | 1,040,943 | $182.5M | 2.63% | −122,015−10.5% | Reduced |
| British Columbia Investment Management Corp | 1,062,292 | $186.3M | 0.98% | +352,389+49.6% | Added |
| Franklin Resources Inc | 1,067,651 | $187.2M | 0.05% | −144,914−12.0% | Reduced |
| Two Sigma Investments, LP | 1,079,135 | $189.2M | 0.28% | −184,783−14.6% | Reduced |
| Raymond James Financial Inc | 1,072,940 | $189.7M | 0.06% | −19,828−1.8% | Reduced |
| Nomura Asset Management International Inc. | 1,086,213 | $190.5M | 0.29% | +1,086,213 | New |
| Omers Administration Corp | 1,116,452 | $195.8M | 1.40% | −4,200−0.4% | Reduced |
| King Luther Capital Management Corp | 1,121,255 | $196.6M | 0.80% | −4810.0% | Reduced |
| Neuberger Berman Group LLC | 1,195,103 | $209.6M | 0.16% | −45,649−3.7% | Reduced |
| Public Employees Retirement Association of Colorado | 1,218,929 | $213.8M | 0.79% | −87,234−6.7% | Reduced |
| Legal & General Group Plc | 1,288,466 | $226.1M | 0.05% | +33,841+2.7% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 1,327,867 | $232.9M | 0.61% | +54,386+4.3% | Added |
| Deutsche Bank AG | 1,334,098 | $233.9M | 0.08% | +683,888+105.2% | Added |
| Nuveen, LLC | 1,361,006 | $238.7M | 0.06% | −131,965−8.8% | Reduced |
| Two Sigma Advisers, LP | 1,522,150 | $266.9M | 0.52% | −5,600−0.4% | Reduced |
| Canada Pension Plan Investment Board | 1,573,111 | $275.9M | 0.18% | +261,624+19.9% | Added |
| Brown Advisory Inc | 1,677,773 | $294.2M | 0.41% | +413,202+32.7% | Added |
| Principal Financial Group Inc | 1,808,741 | $317.2M | 0.16% | −123,945−6.4% | Reduced |
| State Street Corp | 1,906,681 | $334.4M | 0.01% | +28,420+1.5% | Added |
| CIBC Asset Management Inc | 1,962,470 | $345.3M | 0.83% | −28,642−1.4% | Reduced |
| Gates Foundation TrustSuperinvestorGates Foundation Trust | 2,039,175 | $357.6M | 1.01% | 00.0% | Unchanged |
| CIBC World Markets Inc. | 2,044,769 | $358.7M | 0.64% | +254,176+14.2% | Added |
| National Bank of Canada | 2,084,573 | $363.8M | 0.37% | −141,094−6.3% | Reduced |
| Montrusco Bolton Investments Inc. | 2,345,566 | $397.9M | 4.96% | +92,633+4.1% | Added |
| Stockbridge Partners LLC | 2,367,313 | $415.1M | 9.14% | +132,786+5.9% | Added |
| Manufacturers Life Insurance Company, The | 2,505,148 | $440.2M | 0.36% | −285,952−10.2% | Reduced |
| Price T Rowe Associates Inc | 2,669,720 | $468.2M | 0.05% | −695,028−20.7% | Reduced |
| Fiera Capital Corp | 2,764,876 | $485.1M | 1.54% | +70,396+2.6% | Added |
| Goldman Sachs Group Inc | 2,900,763 | $508.7M | 0.07% | +1,066,095+58.1% | Added |
| Morgan Stanley | 3,043,147 | $533.6M | 0.03% | −23,647−0.8% | Reduced |