Who owns GFL
Which tracked institutional funds hold GFL, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See GFL company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
76 tracked funds added or opened GFL while 134 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
GFL’s largest tracked holder by dollar value, BC Partners PE LP, sizes it at 21.8% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 21.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in GFL divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 305 tracked filers holding GFL, 175 increased or opened the position and 181 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in GFL between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 26
- Mitsubishi UFJ Trust & Banking Corp$113M
- DNB Asset Management AS$81M
- DENDUR CAPITAL LP$73M
- Cinctive Capital Management LP$14M
- VANGUARD PORTFOLIO MANAGEMENT LLC$12M
- Bayberry Capital Partners LP$12M
Full exits 50
- Beutel, Goodman & Co Ltd.$276M
- Progeny 3, Inc.$81M
- CITADEL ADVISORS LLC$48M
- Advent International, L.P.$34M
- Woodline Partners LP$31M
- 1832 Asset Management L.P.$25M
Largest adds
- FIL Ltd$280M
- MAVERICK CAPITAL LTD$215M
- BlackRock, Inc.$190M
- MACKENZIE FINANCIAL CORP$94M
- STATE STREET CORP$82M
- GEODE CAPITAL MANAGEMENT, LLC$49M
Largest trims
- FMR LLC$230M
- BC Partners PE LP$230M
- Capital Research Global Investors$159M
- ONTARIO TEACHERS PENSION PLAN BOARD$112M
- MILLENNIUM MANAGEMENT LLC$103M
- JANE STREET GROUP, LLC$99M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BC Partners PE LP | 29,912,724 | $965M | 10.0% | 2026-Q2 |
| FMR LLC trimmed | 22,638,505 | $832M | 8.7% | 2026-Q2 |
| ONTARIO TEACHERS PENSION PLAN BOARD | 22,450,784 | $825M | 8.6% | 2026-Q2 |
| Capital Research Global Investors trimmed | 21,919,416 | $806M | 8.4% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 10,865,869 | $423M | 4.4% | 2026-Q2 |
| NORDEA INVESTMENT MANAGEMENT AB added | 10,483,301 | $380M | 4.0% | 2026-Q2 |
| MAVERICK CAPITAL LTD added | 10,202,931 | $375M | 3.9% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 9,112,951 | $335M | 3.5% | 2026-Q2 |
| BlackRock, Inc. added | 8,102,045 | $298M | 3.1% | 2026-Q2 |
| FIL Ltd added | 7,740,731 | $285M | 3.0% | 2026-Q2 |
| CIBC Asset Management Inc added | 7,494,244 | $276M | 2.9% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC trimmed | 7,261,873 | $267M | 2.8% | 2026-Q2 |
| Pictet Asset Management Holding SA added | 6,672,900 | $245M | 2.6% | 2026-Q2 |
| FRED ALGER MANAGEMENT, LLC trimmed | 5,430,363 | $200M | 2.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 4,471,291 | $164M | 1.7% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 3,932,615 | $144M | 1.5% | 2026-Q2 |
| NORGES BANK added | 3,363,782 | $124M | 1.3% | 2026-Q2 |
| Mitsubishi UFJ Trust & Banking Corp added | 3,063,707 | $113M | 1.2% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 2,927,135 | $153M | 1.6% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 2,583,995 | $95M | 1.0% | 2026-Q2 |
| Caisse de depot et placement du Quebec added | 2,474,974 | $91M | 0.9% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 2,332,285 | $86M | 0.9% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 2,329,006 | $86M | 0.9% | 2026-Q2 |
| STATE STREET CORP added | 2,243,683 | $83M | 0.9% | 2026-Q2 |
| MORGAN STANLEY trimmed | 2,197,468 | $81M | 0.8% | 2026-Q2 |
| DNB Asset Management AS new | 2,189,821 | $81M | 0.8% | 2026-Q2 |
| DENDUR CAPITAL LP new | 1,975,000 | $73M | 0.8% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 1,945,838 | $72M | 0.7% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 1,641,199 | $60M | 0.6% | 2026-Q2 |
| BROWN BROTHERS HARRIMAN & CO trimmed | 1,532,754 | $56M | 0.6% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 1,495,947 | $55M | 0.6% | 2026-Q2 |
| Russell Investments Group, Ltd. added | 1,394,046 | $51M | 0.5% | 2026-Q2 |
| BALYASNY ASSET MANAGEMENT L.P. trimmed | 1,374,460 | $51M | 0.5% | 2026-Q2 |
| Nuveen, LLC added | 1,373,867 | $51M | 0.5% | 2026-Q2 |
| TD Asset Management Inc trimmed | 1,320,514 | $49M | 0.5% | 2026-Q2 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 1,297,705 | $48M | 0.5% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 1,242,546 | $46M | 0.5% | 2026-Q2 |
| TimesSquare Capital Management, LLC added | 1,162,318 | $43M | 0.4% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 1,142,297 | $42M | 0.4% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 1,106,892 | $41M | 0.4% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 1,061,598 | $39M | 0.4% | 2026-Q2 |
| Legal & General Group Plc trimmed | 1,054,650 | $39M | 0.4% | 2026-Q2 |
| ADW Capital Management, LLC | 1,010,000 | $37M | 0.4% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 1,009,469 | $37M | 0.4% | 2026-Q2 |
| Hood River Capital Management LLC added | 989,924 | $36M | 0.4% | 2026-Q2 |
| PRIMECAP MANAGEMENT CO/CA/ added | 911,000 | $34M | 0.3% | 2026-Q2 |
| NORTHERN TRUST CORP added | 901,050 | $33M | 0.3% | 2026-Q2 |
| Clarkston Capital Partners, LLC trimmed | 878,909 | $32M | 0.3% | 2026-Q2 |
| Verbena Value LP trimmed | 811,300 | $30M | 0.3% | 2026-Q2 |
| Swiss National Bank trimmed | 790,400 | $29M | 0.3% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main trimmed | 774,364 | $28M | 0.3% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 750,830 | $28M | 0.3% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 749,488 | $28M | 0.3% | 2026-Q2 |
| SCHWARTZ INVESTMENT COUNSEL INC added | 745,863 | $27M | 0.3% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 705,822 | $26M | 0.3% | 2026-Q2 |
| Bank of New York Mellon Corp added | 702,422 | $26M | 0.3% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 699,376 | $26M | 0.3% | 2026-Q2 |
| Paralel Advisors LLC | 550,000 | $20M | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO added | 549,480 | $20M | 0.2% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 544,204 | $20M | 0.2% | 2026-Q2 |
| Copeland Capital Management, LLC trimmed | 534,896 | $20M | 0.2% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 521,912 | $19M | 0.2% | 2026-Q2 |
| UBS Group AG added | 510,794 | $19M | 0.2% | 2026-Q2 |
| Robeco Schweiz AG trimmed | 464,788 | $17M | 0.2% | 2026-Q2 |
| Woodbridge Co Ltd | 463,635 | $17M | 0.2% | 2026-Q2 |
| Walleye Capital LLC added | 421,758 | $16M | 0.2% | 2026-Q2 |
| Barton Investment Management trimmed | 415,541 | $15M | 0.2% | 2026-Q2 |
| Gotham Asset Management, LLC trimmed | 398,110 | $15M | 0.2% | 2026-Q2 |
| Verition Fund Management LLC added | 398,003 | $15M | 0.2% | 2026-Q2 |
| Cinctive Capital Management LP new | 386,515 | $14M | 0.1% | 2026-Q2 |
| Invesco Ltd. added | 377,564 | $14M | 0.1% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 372,572 | $14M | 0.1% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 353,979 | $13M | 0.1% | 2026-Q2 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 351,483 | $13M | 0.1% | 2026-Q2 |
| KORNITZER CAPITAL MANAGEMENT INC /KS | 350,000 | $13M | 0.1% | 2026-Q2 |
| CIBC WORLD MARKET INC. added | 346,201 | $13M | 0.1% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 337,230 | $12M | 0.1% | 2026-Q2 |
| LOOMIS SAYLES & CO L P added | 335,463 | $12M | 0.1% | 2026-Q2 |
| Bayberry Capital Partners LP new | 335,000 | $12M | 0.1% | 2026-Q2 |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp added | 331,479 | $12M | 0.1% | 2026-Q2 |
| Norwood Investment Partners, LP added | 300,000 | $11M | 0.1% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. added | 294,762 | $11M | 0.1% | 2026-Q2 |
| TD Waterhouse Canada Inc. trimmed | 290,351 | $11M | 0.1% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 290,038 | $11M | 0.1% | 2026-Q2 |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO trimmed | 288,148 | $11M | 0.1% | 2026-Q2 |
| BANK OF NOVA SCOTIA trimmed | 282,922 | $10M | 0.1% | 2026-Q2 |
| BOOTHBAY FUND MANAGEMENT, LLC added | 282,239 | $10M | 0.1% | 2026-Q2 |
| Interval Partners, LP trimmed | 275,000 | $10M | 0.1% | 2026-Q2 |
| HALLSTATT ADVISORS L.P. trimmed | 266,189 | $10M | 0.1% | 2026-Q2 |
| BARCLAYS PLC added | 264,546 | $10M | 0.1% | 2026-Q2 |
| CIBC Bancorp USA Inc. added | 251,077 | $9M | 0.1% | 2026-Q2 |
| CAPITAL FUND MANAGEMENT S.A. added | 248,159 | $9M | 0.1% | 2026-Q2 |
| TORONTO DOMINION BANK added | 243,735 | $9M | 0.1% | 2026-Q2 |
| APG Asset Management N.V. added | 238,948 | $8M | 0.1% | 2026-Q2 |
| Redwood Grove Capital, LLC new | 214,000 | $8M | 0.1% | 2026-Q2 |
| BANQUE PICTET & CIE SA added | 212,390 | $8M | 0.1% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 206,158 | $8M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS added | 195,311 | $7M | 0.1% | 2026-Q2 |
| Clearline Capital LP new | 194,150 | $7M | 0.1% | 2026-Q2 |
| LPL Financial LLC added | 190,210 | $7M | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.