Who owns GFL (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-Q1 13F filings. 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
93 tracked funds added or opened GFL while 93 trimmed or exited it between 2025-Q4 and 2026-Q1 — 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 20.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 20.0pp 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 2025-Q4 and 2026-Q1, across 327 tracked filers holding GFL, 187 increased or opened the position and 154 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 2025-Q4 and 2026-Q1 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 29
- VANGUARD CAPITAL MANAGEMENT LLC$306M
- VANGUARD FIDUCIARY TRUST CO$97M
- Interval Partners, LP$46M
- Vanguard Global Advisers, LLC$44M
- Connor, Clark & Lunn Investment Management Ltd.$20M
- VANGUARD ASSET MANAGEMENT, Ltd$18M
Full exits 24
- VANGUARD GROUP INC$456M
- Bornite Capital Management LP$58M
- Freestone Grove Partners LP$19M
- Covalis Capital LLP$15M
- CIBC Private Wealth Group LLC$11M
- JENNISON ASSOCIATES LLC$10M
Largest adds
- MILLENNIUM MANAGEMENT LLC$80M
- NORDEA INVESTMENT MANAGEMENT AB$47M
- BC Partners PE LP$41M
- MARSHALL WACE, LLP$40M
- CIBC Asset Management Inc$36M
- FRED ALGER MANAGEMENT, LLC$35M
Largest trims
- Pictet Asset Management Holding SA$109M
- Clarkston Capital Partners, LLC$82M
- FMR LLC$78M
- MAVERICK CAPITAL LTD$55M
- ROYAL BANK OF CANADA$51M
- AMERICAN CENTURY COMPANIES INC$42M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BC Partners PE LP | 29,912,724 | $1.2B | 11.0% | 2026-Q1 |
| FMR LLC trimmed | 25,462,871 | $1.1B | 9.8% | 2026-Q1 |
| Capital Research Global Investors added | 23,151,980 | $966M | 8.9% | 2026-Q1 |
| ONTARIO TEACHERS PENSION PLAN BOARD | 22,450,784 | $937M | 8.6% | 2026-Q1 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 10,946,130 | $480M | 4.4% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 8,361,851 | $349M | 3.2% | 2026-Q1 |
| NORDEA INVESTMENT MANAGEMENT AB added | 8,264,968 | $337M | 3.1% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 7,342,033 | $306M | 2.8% | 2026-Q1 |
| Beutel, Goodman & Co Ltd. trimmed | 6,637,498 | $276M | 2.5% | 2026-Q1 |
| Pictet Asset Management Holding SA trimmed | 6,153,644 | $257M | 2.4% | 2026-Q1 |
| CIBC Asset Management Inc added | 6,134,116 | $256M | 2.3% | 2026-Q1 |
| FRED ALGER MANAGEMENT, LLC added | 6,017,527 | $251M | 2.3% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 4,534,021 | $189M | 1.7% | 2026-Q1 |
| MAVERICK CAPITAL LTD trimmed | 3,849,656 | $161M | 1.5% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 3,725,857 | $155M | 1.4% | 2026-Q1 |
| NORGES BANK trimmed | 2,912,208 | $141M | 1.3% | 2026-Q1 |
| MORGAN STANLEY added | 2,768,126 | $115M | 1.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP trimmed | 2,640,554 | $110M | 1.0% | 2026-Q1 |
| BlackRock, Inc. added | 2,590,902 | $108M | 1.0% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 2,503,598 | $104M | 1.0% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 2,333,058 | $97M | 0.9% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 2,284,773 | $95M | 0.9% | 2026-Q1 |
| MARSHALL WACE, LLP added | 2,156,844 | $90M | 0.8% | 2026-Q1 |
| Progeny 3, Inc. trimmed | 1,937,200 | $81M | 0.7% | 2026-Q1 |
| BALYASNY ASSET MANAGEMENT L.P. added | 1,849,230 | $77M | 0.7% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,847,166 | $77M | 0.7% | 2026-Q1 |
| BROWN BROTHERS HARRIMAN & CO trimmed | 1,728,734 | $72M | 0.7% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ trimmed | 1,561,046 | $65M | 0.6% | 2026-Q1 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 1,500,320 | $63M | 0.6% | 2026-Q1 |
| TD Asset Management Inc added | 1,494,819 | $62M | 0.6% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP added | 1,412,935 | $59M | 0.5% | 2026-Q1 |
| Verbena Value LP added | 1,211,100 | $51M | 0.5% | 2026-Q1 |
| Legal & General Group Plc trimmed | 1,212,914 | $50M | 0.5% | 2026-Q1 |
| Nuveen, LLC added | 1,196,654 | $50M | 0.5% | 2026-Q1 |
| TimesSquare Capital Management, LLC added | 1,161,409 | $48M | 0.4% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 1,158,643 | $48M | 0.4% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 1,143,825 | $48M | 0.4% | 2026-Q1 |
| Caisse de depot et placement du Quebec trimmed | 1,112,568 | $46M | 0.4% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 1,130,288 | $46M | 0.4% | 2026-Q1 |
| Interval Partners, LP added | 1,091,829 | $46M | 0.4% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 1,064,606 | $44M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,088,650 | $44M | 0.4% | 2026-Q1 |
| ADW Capital Management, LLC | 1,010,000 | $42M | 0.4% | 2026-Q1 |
| Qube Research & Technologies Ltd added | 970,129 | $40M | 0.4% | 2026-Q1 |
| Clarkston Capital Partners, LLC trimmed | 929,859 | $39M | 0.4% | 2026-Q1 |
| Advent International, L.P. added | 823,010 | $34M | 0.3% | 2026-Q1 |
| Swiss National Bank added | 815,500 | $34M | 0.3% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 777,442 | $32M | 0.3% | 2026-Q1 |
| Woodline Partners LP | 745,127 | $31M | 0.3% | 2026-Q1 |
| Point72 Asset Management, L.P. trimmed | 742,065 | $31M | 0.3% | 2026-Q1 |
| Hood River Capital Management LLC added | 682,650 | $28M | 0.3% | 2026-Q1 |
| PRIMECAP MANAGEMENT CO/CA/ | 667,800 | $28M | 0.3% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 667,719 | $28M | 0.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 662,925 | $28M | 0.3% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 649,581 | $27M | 0.2% | 2026-Q1 |
| 1832 Asset Management L.P. trimmed | 595,000 | $25M | 0.2% | 2026-Q1 |
| Copeland Capital Management, LLC trimmed | 588,489 | $25M | 0.2% | 2026-Q1 |
| Robeco Schweiz AG trimmed | 577,003 | $24M | 0.2% | 2026-Q1 |
| Jefferies Financial Group Inc. trimmed | 560,121 | $23M | 0.2% | 2026-Q1 |
| Paralel Advisors LLC trimmed | 550,000 | $23M | 0.2% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 545,454 | $23M | 0.2% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 533,574 | $22M | 0.2% | 2026-Q1 |
| SOROS FUND MANAGEMENT LLC trimmed | 530,184 | $22M | 0.2% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC trimmed | 523,484 | $22M | 0.2% | 2026-Q1 |
| Munro Partners trimmed | 520,187 | $22M | 0.2% | 2026-Q1 |
| SEI INVESTMENTS CO added | 500,055 | $21M | 0.2% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. trimmed | 481,415 | $20M | 0.2% | 2026-Q1 |
| Woodbridge Co Ltd | 463,635 | $19M | 0.2% | 2026-Q1 |
| UBS Group AG added | 463,468 | $19M | 0.2% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC added | 458,847 | $19M | 0.2% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 431,608 | $18M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 423,875 | $18M | 0.2% | 2026-Q1 |
| Barton Investment Management trimmed | 419,475 | $18M | 0.2% | 2026-Q1 |
| Gotham Asset Management, LLC trimmed | 403,692 | $17M | 0.2% | 2026-Q1 |
| Vestcor Inc | 391,815 | $16M | 0.2% | 2026-Q1 |
| Amundi added | 379,258 | $16M | 0.1% | 2026-Q1 |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO added | 353,327 | $15M | 0.1% | 2026-Q1 |
| KORNITZER CAPITAL MANAGEMENT INC /KS | 350,000 | $15M | 0.1% | 2026-Q1 |
| BANK OF NOVA SCOTIA trimmed | 326,009 | $14M | 0.1% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 322,788 | $13M | 0.1% | 2026-Q1 |
| HALLSTATT ADVISORS L.P. added | 319,272 | $13M | 0.1% | 2026-Q1 |
| CIBC WORLD MARKET INC. added | 309,106 | $13M | 0.1% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 292,843 | $13M | 0.1% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 299,920 | $12M | 0.1% | 2026-Q1 |
| CI INVESTMENTS INC. trimmed | 294,148 | $12M | 0.1% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC added | 290,586 | $12M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 10,617,716 | $456M | 4.2% | 2025-Q4 stale |
| COHEN & STEERS, INC. added | 1,274,880 | $62M | 0.6% | 2025-Q1 stale |
| Bornite Capital Management LP added | 1,342,400 | $58M | 0.5% | 2025-Q4 stale |
| Mitsubishi UFJ Trust & Banking Corp trimmed | 997,893 | $48M | 0.4% | 2025-Q1 stale |
| Forge First Asset Management Inc. added | 416,100 | $20M | 0.2% | 2025-Q3 stale |
| Freestone Grove Partners LP added | 446,741 | $19M | 0.2% | 2025-Q4 stale |
| Yaupon Capital Management LP trimmed | 360,249 | $18M | 0.2% | 2025-Q2 stale |
| MOORE CAPITAL MANAGEMENT, LP added | 373,698 | $18M | 0.2% | 2025-Q1 stale |
| Addenda Capital Inc. trimmed | 229,065 | $15M | 0.1% | 2025-Q3 stale |
| Covalis Capital LLP new | 350,000 | $15M | 0.1% | 2025-Q4 stale |
| AXA Investment Managers S.A. new | 288,084 | $14M | 0.1% | 2025-Q3 stale |
| AXA S.A. new | 265,702 | $13M | 0.1% | 2025-Q2 stale |
| Ghisallo Capital Management LLC trimmed | 250,000 | $13M | 0.1% | 2025-Q2 stale |
| SUMMIT WEALTH GROUP LLC / CO new | 67,161 | $12M | 0.1% | 2025-Q3 stale |
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.