# Waste Connections (WCN): value investors who own it

1 value investor held Waste Connections in their Q3 2026 13F, led by Gates Foundation Trust. See who bought, sold and how ownership has changed by quarter.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Gates Foundation Trust | 1.0% | $340m | Unchanged | 16 |
| First Eagle Investment Management | 0.0% | $0k | Sold out | 2 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-08-19 | NIELSEN III ROBERT | SR VP Operations | Sold | 700 | $119k |
| 2026-08-18 | RIVARD PHILIP | SR VP Business Development | Sold | 2500 | $416k |
| 2026-08-13 | Netherton Susan | SR VP People, Training & Dev | Sold | 1750 | $291k |
| 2026-07-29 | NIELSEN III ROBERT | SR VP Operations | Sold | 300 | $52k |
| 2026-07-28 | Cloninger Robert Michael | SR VP, Deputy General Counsel | Sold | 2573 | $440k |
| 2026-07-28 | Cloninger Robert Michael | SR VP, Deputy General Counsel | Sold | 238 | $41k |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/wcn). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.