| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| VANGUARD GROUP INC | 12% | $5,552,610,477 | 31,584,815 | The Vanguard Group | 30 Sep 2025 |
As of 31 Dec 2025, 789 institutional investors reported holding 217,597,521 shares of Waste Connections, Inc. - Common Stock (WCN). This represents 85% of the company’s total 257,205,334 outstanding shares.
The largest institutional shareholders of Waste Connections, Inc. - Common Stock (WCN) together control 55% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| VANGUARD GROUP INC | 12% | 31,162,831 | -1.3% | 0.08% | $5,464,957,048 |
| ROYAL BANK OF CANADA | 4.7% | 12,043,398 | +12% | 0.37% | $2,111,931,000 |
| FMR LLC | 4% | 10,264,482 | -1.1% | 0.09% | $1,800,141,742 |
| BANK OF MONTREAL /CAN/ | 3.3% | 8,607,580 | -2.8% | 0.62% | $1,509,641,847 |
| Capital International Investors | 2.5% | 6,468,259 | +28% | 0.18% | $1,134,781,052 |
| WCM INVESTMENT MANAGEMENT, LLC | 2.4% | 6,286,390 | -2.7% | 2.3% | $1,119,920,334 |
| BlackRock, Inc. | 2.3% | 5,930,912 | -11% | 0.02% | $1,040,044,643 |
| 1832 Asset Management L.P. | 2.2% | 5,652,029 | +31% | 1.3% | $991,139,805 |
| MACKENZIE FINANCIAL CORP | 2.2% | 5,619,426 | -8.4% | 1.2% | $999,624,032 |
| JPMORGAN CHASE & CO | 1.9% | 4,763,742 | +37% | 0.06% | $835,370,174 |
| WELLINGTON MANAGEMENT GROUP LLP | 1.8% | 4,675,737 | +5% | 0.14% | $819,939,338 |
| NORGES BANK | 1.5% | 3,977,490 | 0.07% | $697,519,001 | |
| TD Asset Management Inc | 1.5% | 3,845,277 | +0.12% | 0.54% | $675,221,524 |
| Pictet Asset Management Holding SA | 1.4% | 3,508,405 | +5.7% | 0.6% | $615,278,291 |
| BANK OF AMERICA CORP /DE/ | 1.3% | 3,368,882 | +15% | 0.04% | $590,767,185 |
| MORGAN STANLEY | 1.2% | 3,043,147 | -0.77% | 0.03% | $533,646,683 |
| GOLDMAN SACHS GROUP INC | 1.1% | 2,900,321 | +58% | 0.07% | $508,600,324 |
| Fiera Capital Corp | 1.1% | 2,764,876 | +2.6% | 1.5% | $485,067,385 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 1% | 2,669,720 | -21% | 0.05% | $468,163,000 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 0.97% | 2,505,148 | -10% | 0.36% | $440,181,508 |
| Stockbridge Partners LLC | 0.92% | 2,367,313 | +5.9% | 9.1% | $415,132,008 |
| MONTRUSCO BOLTON INVESTMENTS INC. | 0.91% | 2,345,566 | +4.1% | 5% | $397,873,148 |
| NATIONAL BANK OF CANADA /FI/ | 0.81% | 2,084,573 | -6.3% | 0.37% | $363,832,355 |
| CIBC WORLD MARKET INC. | 0.79% | 2,044,769 | +14% | 0.64% | $358,652,424 |
| GATES FOUNDATION TRUST | 0.79% | 2,039,175 | 0% | 1% | $357,589,728 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 217,597,521 | $38,239,390,500 | +$1,061,464,823 | $175.36 | 789 |
| 2025 Q3 | 210,538,612 | $37,016,826,642 | -$1,811,197,755 | $175.80 | 743 |
| 2025 Q2 | 219,616,668 | $41,014,979,663 | +$628,725,791 | $186.72 | 754 |
| 2025 Q1 | 216,383,042 | $42,204,443,066 | -$682,942,688 | $195.19 | 727 |
| 2024 Q4 | 218,956,336 | $37,566,710,924 | -$310,817,951 | $171.58 | 726 |
| 2024 Q3 | 220,092,785 | $39,335,813,264 | +$76,268,031 | $178.82 | 719 |
| 2024 Q2 | 220,279,937 | $38,635,980,831 | +$161,693,320 | $175.36 | 682 |
| 2024 Q1 | 219,677,412 | $37,765,940,851 | -$101,968,187 | $172.01 | 671 |
| 2023 Q4 | 221,713,826 | $33,095,885,847 | -$483,937,970 | $149.27 | 627 |
| 2023 Q3 | 224,813,205 | $30,283,392,780 | +$239,832,550 | $134.30 | 596 |
| 2023 Q2 | 222,740,305 | $31,826,476,367 | -$8,267,601 | $142.93 | 593 |
| 2023 Q1 | 222,973,824 | $30,987,130,604 | +$155,863,505 | $139.07 | 587 |
| 2022 Q4 | 222,203,894 | $29,457,406,357 | -$628,731,094 | $132.56 | 588 |
| 2022 Q3 | 226,583,526 | $30,694,828,656 | -$610,770,283 | $135.13 | 551 |
| 2022 Q2 | 219,727,041 | $27,229,567,881 | +$471,663,447 | $123.96 | 540 |
| 2022 Q1 | 215,784,359 | $30,117,367,835 | -$302,169,261 | $139.70 | 518 |
| 2021 Q4 | 217,993,997 | $29,683,113,838 | +$270,465,569 | $136.27 | 511 |
| 2021 Q3 | 210,045,106 | $26,451,760,061 | +$210,877,424 | $125.93 | 454 |
| 2021 Q2 | 206,730,019 | $24,716,560,064 | -$81,550,166 | $119.43 | 460 |
| 2021 Q1 | 207,095,471 | $22,401,377,441 | +$128,915,253 | $107.98 | 445 |
| 2020 Q4 | 208,837,069 | $21,399,770,967 | -$175,630,351 | $102.57 | 465 |
| 2020 Q3 | 208,941,157 | $21,671,039,047 | -$388,289,435 | $103.80 | 435 |
| 2020 Q2 | 217,716,565 | $20,421,963,302 | +$155,525,266 | $93.79 | 422 |
| 2020 Q1 | 216,814,136 | $16,783,749,276 | -$420,810,573 | $77.50 | 413 |
| 2019 Q4 | 222,646,310 | $20,217,906,685 | +$10,997,185 | $90.79 | 421 |
| 2019 Q3 | 222,723,829 | $20,473,128,122 | +$39,742,119 | $92.00 | 396 |
| 2019 Q2 | 222,667,393 | $21,277,210,382 | +$177,230,037 | $95.58 | 392 |
| 2019 Q1 | 224,103,133 | $19,850,109,670 | +$65,289,926 | $88.59 | 410 |
| 2018 Q4 | 223,480,191 | $16,589,027,287 | +$326,797,271 | $74.25 | 409 |
| 2018 Q3 | 220,300,579 | $17,564,097,645 | -$39,018,096 | $79.77 | 401 |
| 2018 Q2 | 220,760,053 | $16,615,938,578 | -$153,489,426 | $75.28 | 402 |
| 2018 Q1 | 222,598,565 | $15,962,317,415 | +$262,461,507 | $71.74 | 372 |
| 2017 Q4 | 218,859,164 | $15,523,169,512 | -$244,771,926 | $70.94 | 377 |
| 2017 Q3 | 220,483,396 | $15,418,836,205 | +$46,723,145 | $69.96 | 342 |
| 2017 Q2 | 217,114,621 | $13,980,341,371 | +$4,686,480,533 | $64.42 | 347 |
| 2017 Q1 | 146,333,185 | $12,908,340,033 | +$129,320,350 | $88.22 | 327 |
| 2016 Q4 | 146,732,094 | $11,524,479,516 | +$23,384,537 | $78.59 | 323 |
| 2016 Q3 | 146,157,543 | $10,902,566,087 | +$447,154,029 | $74.70 | 316 |
| 2016 Q2 | 141,176,932 | $10,170,302,197 | +$10,134,714,261 | $72.05 | 313 |
| 2016 Q1 | 1,744 | $114,066 | -$2,322 | $64.59 | 5 |
| 2015 Q4 | 1,240 | $70,000 | $56.54 | 2 | |
| 2015 Q3 | 585 | $29,000 | $49.57 | 1 | |
| 2015 Q2 | 585 | $28,000 | $47.86 | 1 | |
| 2015 Q1 | 585 | $28,000 | -$814 | $47.86 | 1 |
| 2014 Q4 | 602 | $27,000 | $44.85 | 1 |