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Institutional Ownership · SEC Form 13F

Who owns WCN (WCN)


Which tracked institutional funds hold WCN, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See WCN 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.

794
Institutional holders
215,883,945
Shares held (tracked funds)
84.5%
Of shares outstanding

How the tape is positioned

154 tracked funds added or opened WCN while 277 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

WCN’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.1pp gap the other way — the median holder sizes WCN more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in WCN 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 794 tracked filers holding WCN, 358 increased or opened the position and 419 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.

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 WCN 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 52

  • VANGUARD CAPITAL MANAGEMENT LLC$2.6B
  • VANGUARD PORTFOLIO MANAGEMENT LLC$1.8B
  • VANGUARD FIDUCIARY TRUST CO$399M
  • Vanguard Global Advisers, LLC$167M
  • Capital Research Global Investors$108M
  • VANGUARD ASSET MANAGEMENT, Ltd$72M

Full exits 39

  • VANGUARD GROUP INC$5.4B
  • TWO SIGMA ADVISERS, LP$267M
  • CIBC Private Wealth Group LLC$43M
  • Visualize Group LP$40M
  • Walleye Capital LLC$20M
  • MUFG Securities EMEA plc$16M

Largest adds

  • TWO SIGMA INVESTMENTS, LP$370M
  • CITADEL ADVISORS LLC$324M
  • Impax Asset Management Group plc$259M
  • GOLDMAN SACHS GROUP INC$257M
  • UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$205M
  • 1832 Asset Management L.P.$164M

Largest trims

  • WCM INVESTMENT MANAGEMENT, LLC$493M
  • JPMORGAN CHASE & CO$434M
  • BlackRock, Inc.$372M
  • FMR LLC$349M
  • Capital International Investors$286M
  • Pictet Asset Management Holding SA$238M

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).

FundSharesReported value% of valueQuarter
VANGUARD CAPITAL MANAGEMENT LLC new15,855,163$2.6B6.8%2026-Q1
ROYAL BANK OF CANADA added12,210,661$2.0B5.3%2026-Q1
VANGUARD PORTFOLIO MANAGEMENT LLC new11,135,258$1.8B4.8%2026-Q1
FMR LLC trimmed8,931,450$1.5B3.8%2026-Q1
BANK OF MONTREAL /CAN/ trimmed8,135,633$1.3B3.5%2026-Q1
1832 Asset Management L.P. added7,113,604$1.2B3.1%2026-Q1
Capital International Investors trimmed5,228,050$849M2.3%2026-Q1
MACKENZIE FINANCIAL CORP trimmed4,980,317$809M2.1%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP added4,935,243$802M2.1%2026-Q1
NORGES BANK added4,043,754$789M2.1%2026-Q1
GOLDMAN SACHS GROUP INC added4,713,805$766M2.0%2026-Q1
BlackRock, Inc. trimmed4,109,863$668M1.8%2026-Q1
TD Asset Management Inc added4,030,266$653M1.7%2026-Q1
WCM INVESTMENT MANAGEMENT, LLC trimmed3,875,396$627M1.7%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE added3,724,204$605M1.6%2026-Q1
TWO SIGMA INVESTMENTS, LP added3,444,052$559M1.5%2026-Q1
CITADEL ADVISORS LLC added3,113,950$506M1.3%2026-Q1
PRICE T ROWE ASSOCIATES INC /MD/ added2,817,119$458M1.2%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed2,669,108$434M1.1%2026-Q1
MORGAN STANLEY trimmed2,576,878$419M1.1%2026-Q1
Fiera Capital Corp trimmed2,547,069$413M1.1%2026-Q1
JPMORGAN CHASE & CO trimmed2,477,061$401M1.1%2026-Q1
VANGUARD FIDUCIARY TRUST CO new2,453,637$399M1.1%2026-Q1
Stockbridge Partners LLC added2,451,169$398M1.1%2026-Q1
Pictet Asset Management Holding SA trimmed2,325,461$378M1.0%2026-Q1
Impax Asset Management Group plc added2,117,425$344M0.9%2026-Q1
CIBC WORLD MARKET INC. added2,048,147$333M0.9%2026-Q1
GATES FOUNDATION TRUST2,039,175$331M0.9%2026-Q1
NATIONAL BANK OF CANADA /FI/ trimmed1,998,395$324M0.9%2026-Q1
STATE STREET CORP added1,966,153$319M0.8%2026-Q1
MONTRUSCO BOLTON INVESTMENTS INC. trimmed1,822,200$287M0.8%2026-Q1
BROWN ADVISORY INC added1,700,377$276M0.7%2026-Q1
Connor, Clark & Lunn Investment Management Ltd. added1,673,089$272M0.7%2026-Q1
CANADA PENSION PLAN INVESTMENT BOARD added1,611,310$262M0.7%2026-Q1
PRINCIPAL FINANCIAL GROUP INC trimmed1,488,548$242M0.6%2026-Q1
DEUTSCHE BANK AG\ added1,401,424$228M0.6%2026-Q1
NEUBERGER BERMAN GROUP LLC added1,367,198$222M0.6%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added1,266,733$206M0.5%2026-Q1
Legal & General Group Plc trimmed1,242,065$201M0.5%2026-Q1
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added1,200,977$195M0.5%2026-Q1
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO trimmed1,114,166$181M0.5%2026-Q1
AQR CAPITAL MANAGEMENT LLC added1,106,321$178M0.5%2026-Q1
KING LUTHER CAPITAL MANAGEMENT CORP trimmed1,053,657$171M0.5%2026-Q1
Vanguard Global Advisers, LLC new1,027,690$167M0.4%2026-Q1
NOMURA ASSET MANAGEMENT INTERNATIONAL INC. trimmed1,016,883$165M0.4%2026-Q1
CIBC Asset Management Inc trimmed972,081$158M0.4%2026-Q1
Skye Global Management LP added932,000$151M0.4%2026-Q1
UBS Group AG added874,522$142M0.4%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed872,040$141M0.4%2026-Q1
SNYDER CAPITAL MANAGEMENT L P added859,769$140M0.4%2026-Q1
DF DENT & CO INC trimmed859,515$140M0.4%2026-Q1
NORTHERN TRUST CORP trimmed850,154$138M0.4%2026-Q1
MILLENNIUM MANAGEMENT LLC added839,369$136M0.4%2026-Q1
TD Waterhouse Canada Inc. added833,367$134M0.4%2026-Q1
Federation des caisses Desjardins du Quebec added829,271$134M0.4%2026-Q1
GEODE CAPITAL MANAGEMENT, LLC trimmed780,332$129M0.3%2026-Q1
TORONTO DOMINION BANK trimmed772,194$125M0.3%2026-Q1
D. E. Shaw & Co., Inc. added768,427$125M0.3%2026-Q1
Baird Financial Group, Inc. added762,965$124M0.3%2026-Q1
Findlay Park Partners LLP added757,296$123M0.3%2026-Q1
Swiss National Bank added751,345$122M0.3%2026-Q1
Amundi added748,702$122M0.3%2026-Q1
DIMENSIONAL FUND ADVISORS LP added745,441$121M0.3%2026-Q1
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added730,092$119M0.3%2026-Q1
AGF MANAGEMENT LTD trimmed683,533$111M0.3%2026-Q1
Capital Research Global Investors new663,735$108M0.3%2026-Q1
STOREBRAND ASSET MANAGEMENT AS trimmed657,728$107M0.3%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC added656,234$106M0.3%2026-Q1
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp trimmed649,044$105M0.3%2026-Q1
Rathbones Group PLC trimmed638,608$104M0.3%2026-Q1
SANDS CAPITAL MANAGEMENT, LLC trimmed634,903$103M0.3%2026-Q1
EULAV Asset Management590,713$96M0.3%2026-Q1
Point72 Asset Management, L.P. added570,160$93M0.2%2026-Q1
Allianz Asset Management GmbH added559,019$91M0.2%2026-Q1
Champlain Investment Partners, LLC added556,985$90M0.2%2026-Q1
DekaBank Deutsche Girozentrale534,779$88M0.2%2026-Q1
TCW GROUP INC trimmed536,576$87M0.2%2026-Q1
Clearbridge Investments, LLC trimmed536,255$87M0.2%2026-Q1
SILVERCREST ASSET MANAGEMENT GROUP LLC trimmed527,447$86M0.2%2026-Q1
NICHOLAS COMPANY, INC. added508,147$83M0.2%2026-Q1
BNP PARIBAS ASSET MANAGEMENT Holding S.A. added500,750$81M0.2%2026-Q1
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed365,219$80M0.2%2026-Q1
FIL Ltd trimmed487,213$79M0.2%2026-Q1
PGGM Investments added454,290$74M0.2%2026-Q1
BCV Asset Management Inc. added450,464$73M0.2%2026-Q1
VANGUARD ASSET MANAGEMENT, Ltd new443,841$72M0.2%2026-Q1
PICTON MAHONEY ASSET MANAGEMENT trimmed439,114$71M0.2%2026-Q1
Nuveen, LLC trimmed435,258$71M0.2%2026-Q1
Holocene Advisors, LP added429,871$70M0.2%2026-Q1
DAVIS R M INC added391,757$64M0.2%2026-Q1
National Pension Service trimmed379,205$62M0.2%2026-Q1
Qube Research & Technologies Ltd added378,788$62M0.2%2026-Q1
MUFG SECURITIES (CANADA), LTD. trimmed379,250$62M0.2%2026-Q1
SCOTIA CAPITAL INC. trimmed367,850$59M0.2%2026-Q1
JANE STREET GROUP, LLC added365,089$59M0.2%2026-Q1
VANGUARD GROUP INC trimmed31,041,118$5.4B14.4%2025-Q4 stale
Alphinity Investment Management Pty Ltd trimmed3,051,022$570M1.5%2025-Q2 stale
TWO SIGMA ADVISERS, LP trimmed1,522,150$267M0.7%2025-Q4 stale
Caisse de depot et placement du Quebec trimmed708,951$132M0.4%2025-Q2 stale
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC added339,466$63M0.2%2025-Q2 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.

HoldersTotal shares

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.

Learn how to read institutional ownership