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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
Fulton Breakefield Broenniman LLC59,329$10.4M0.66%−4,853−7.6%Reduced
US Bancorp57,674$10.1M0.01%−193−0.3%Reduced
GW Henssler & Associates Ltd57,621$10.1M0.49%−16,550−22.3%Reduced
Ci Investments Inc.57,598$10.1M0.04%−1,041−1.8%Reduced
Daiwa Securities Group Inc.57,317$10.1M0.03%−619−1.1%Reduced
Aviso Financial Inc.55,094$9.66M0.37%+4,358+8.6%Added
Candriam Luxembourg S.C.A.54,956$9.65M0.05%−35,594−39.3%Reduced
Edentree Asset Management Ltd53,300$9.34M2.86%−28,350−34.7%Reduced
Skandinaviska Enskilda Banken AB (publ)53,013$9.30M0.04%−1,350−2.5%Reduced
Segall Bryant & Hamill, LLC52,634$9.23M0.12%−7,542−12.5%Reduced
Northwest & Ethical Investments L.P.52,060$9.18M0.21%+7,848+17.8%Added
Appleton Partners Inc51,880$9.10M0.60%+612+1.2%Added
Forsta Ap-Fonden51,700$9.07M0.05%−1,000−1.9%Reduced
Investment Management Corp of Ontario51,227$8.98M0.12%+29,516+135.9%Added
Ravenstone Capital Management Inc.51,117$8.97M4.09%+2,910+6.0%Added
Dai-Ichi Life Insurance Company, Ltd50,522$8.86M0.23%−5,523−9.9%Reduced
PensionDanmark Pensionsforsikringsaktieselskab49,568$8.70M0.08%+49,568New
Rhumbline Advisers48,683$8.54M0.01%−1,132−2.3%Reduced
IFM Investors Pty Ltd47,521$8.33M0.07%−4,650−8.9%Reduced
USS Investment Management Ltd47,561$8.33M0.04%00.0%Unchanged
Zevin Asset Management LLC46,362$8.13M1.09%+46,362New
Teacher Retirement System of Texas46,327$8.12M0.03%+6,433+16.1%Added
Swedbank AB43,582$7.64M0.01%00.0%Unchanged
Ilmarinen Mutual Pension Insurance Co43,500$7.63M0.06%00.0%Unchanged
Cerity Partners LLC42,036$7.37M0.01%+26,703+174.2%Added
MML Investors Services, LLC41,784$7.33M0.02%+4,418+11.8%Added
BW Gestao de Investimentos Ltda.41,630$7.30M0.26%00.0%Unchanged
Avanza Fonder AB30,213$7.27M0.18%+4,726+18.5%Added
Verition Fund Management LLC40,652$7.13M0.04%−30,093−42.5%Reduced
Vestcor Inc40,382$7.08M0.20%−20,227−33.4%Reduced
Pathstone Holdings, LLC39,773$6.98M0.03%+3,266+8.9%Added
Intact Investment Management Inc.39,357$6.90M0.20%−79,460−66.9%Reduced
Allianz SE39,000$6.85M0.09%00.0%Unchanged
Capital Fund Management S.A.38,751$6.80M0.06%−20,455−34.5%Reduced
ASR Vermogensbeheer N.V.37,818$6.63M0.08%−403−1.1%Reduced
Van Eck Associates Corp37,694$6.61M0.01%−14,344−27.6%Reduced
SMA Capital LLC37,000$6.49M3.36%+37,000New
Swiss Life Asset Management Ltd34,856$6.11M0.03%−3,105−8.2%Reduced
Brant Point Investment Management LLC34,596$6.07M1.47%00.0%Unchanged
JCIC Asset Management Inc.34,060$5.97M1.83%−950−2.7%Reduced
Oribel Capital Management, LP33,700$5.91M0.58%+33,700New
Sciencast Management LP33,413$5.86M0.81%+24,666+282.0%Added
Carderock Capital Management Inc33,212$5.82M1.41%−13,223−28.5%Reduced
Motley Fool Wealth Management, LLC32,426$5.69M0.44%−6,316−16.3%Reduced
Beaumont Financial Advisors, LLC32,070$5.62M0.37%+2,279+7.6%Added
Massmutual Trust Co FSB31,852$5.59M0.14%+3,074+10.7%Added
Nissay Asset Management Corp31,836$5.58M0.03%+212+0.7%Added
Centaurus Financial, Inc.31,040$5.44M0.25%+2,736+9.7%Added
Truist Financial Corp30,750$5.39M0.01%+1,438+4.9%Added
Westwood Holdings Group Inc.30,277$5.31M0.04%−120.0%Reduced
Sumitomo Mitsui DS Asset Management Company, Ltd30,227$5.30M0.04%−230−0.8%Reduced
Lombard Odier Asset Management (Europe) Ltd29,314$5.14M0.26%−133,837−82.0%Reduced
Robeco Institutional Asset Management B.V.29,305$5.14M0.01%−12,508−29.9%Reduced
Jane Street Group, LLC29,056$5.10M0.01%−262,263−90.0%Reduced
Utah Retirement Systems28,811$5.06M0.05%00.0%Unchanged
Capital Planning Advisors, LLC28,833$5.06M0.68%−590−2.0%Reduced
HB Wealth Management, LLC28,775$5.05M0.03%−51−0.2%Reduced
Cetera Investment Advisers28,695$5.04M0.01%+4,952+20.9%Added
ExodusPoint Capital Management, LP28,348$4.97M0.06%+22,750+406.4%Added
Ostrum Asset Management27,968$4.90M0.24%−639−2.2%Reduced
Papp L Roy & Associates27,178$4.77M0.53%00.0%Unchanged
Maryland State Retirement & Pension System26,956$4.73M0.10%−167−0.6%Reduced
Miller Howard Investments Inc26,950$4.73M0.14%−1,746−6.1%Reduced
Middleton & Co Inc26,408$4.63M0.49%+5,155+24.3%Added
Pittenger & Anderson Inc25,913$4.54M0.17%−77−0.3%Reduced
M&T Bank Corp25,863$4.54M0.01%+1,030+4.1%Added
Vident Advisory, LLC25,337$4.44M0.04%+9,263+57.6%Added
2Xideas AG24,864$4.36M1.22%−5,881−19.1%Reduced
Erste Asset Management GmbH24,243$4.32M0.04%+10,500+76.4%Added
OpenArc Corporate Advisory, LLC24,551$4.31M0.07%+24,551New
American Century Companies Inc23,909$4.19M0.00%+6,505+37.4%Added
Capital Innovations LLC23,801$4.17M1.19%+23,801New
Quantinno Capital Management LP23,580$4.14M0.01%+5,941+33.7%Added
Fulcrum Asset Management LLP23,438$4.11M1.14%−456−1.9%Reduced
Victory Capital Management Inc16,900$4.07M0.00%+16,900New
Cambridge Investment Research Advisors, Inc.22,514$3.95M0.01%+3,296+17.2%Added
Creative Planning22,014$3.86M0.00%+12,074+121.5%Added
JustInvest LLC21,981$3.85M0.04%+4,413+25.1%Added
Jump Financial, LLC21,896$3.84M0.05%−64,760−74.7%Reduced
HighTower Advisors, LLC21,626$3.79M0.00%+1,077+5.2%Added
Allstate Corp21,556$3.78M0.05%+10,571+96.2%Added
Oppenheimer & Co Inc21,518$3.77M0.05%−30.0%Reduced
Alberta Investment Management Corp21,500$3.77M0.02%−11,600−35.0%Reduced
Colony Group, LLC21,279$3.73M0.00%−4,822−18.5%Reduced
Wealthfront Advisers LLC20,391$3.58M0.01%−6,696−24.7%Reduced
Mercer Global Advisors Inc19,918$3.49M0.01%+7,334+58.3%Added
Janney Montgomery Scott LLC19,573$3.43M0.01%+492+2.6%Added
Lombard Odier Asset Management (Switzerland) SA19,525$3.42M0.15%−11,457−37.0%Reduced
Wealth Enhancement Advisory Services, LLC19,114$3.33M0.00%+11,810+161.7%Added
Westview Management dba Westview Investment Advisors18,758$3.29M1.57%+18,758New
Prime Capital Investment Advisors, LLC18,377$3.22M0.04%−5,843−24.1%Reduced
SRS Capital Advisors, Inc.18,206$3.19M0.09%−6,079−25.0%Reduced
Gotham Asset Management, LLC18,189$3.19M0.01%−12,850−41.4%Reduced
Roundview Capital LLC17,884$3.14M0.19%+723+4.2%Added
CWM, LLC17,773$3.12M0.01%+15,985+894.0%Added
O'Shaughnessy Asset Management, LLC17,161$3.01M0.02%−6,666−28.0%Reduced
Captrust Financial Advisors16,960$2.97M0.01%+3,713+28.0%Added
Susquehanna International Group, LLP16,904$2.96M0.00%−7,565−30.9%Reduced
Warren Averett Asset Management, LLC16,785$2.94M0.02%+10,887+184.6%Added
Guardian Partners Inc.17,331$2.92M0.23%+3,975+29.8%Added