Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Casella Waste Sys Inc (CWST)

410 + Investors. Track Smart Money conviction in CWST. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +12
Streak
3Q ▲
Buyers last Q
56%

Smart Money Signals — CWST

Based on 415 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added CWST than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
415 hedge funds hold CWST right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+32 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 56% buying

234 buying181 selling
Last quarter: 234 funds bought or added vs 181 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~67 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 56 → 88 → 68 → 67. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 18% medium ■ 24% new
238 out of 415 hedge funds have held CWST for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~67 new funds/quarter

53 → 56 → 88 → 68 → 67 new funds/Q
New funds entering each quarter: 56 → 88 → 68 → 67. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 62% veterans vs 27% newcomers

■ 62% veterans ■ 11% 1-2yr ■ 27% new
Entry-cohort mix of 419 holders: 261 (62%) are 2+ year veterans, 44 entered 1–2 years ago, and 114 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 52% AUM from top-100 funds

52% from top-100 AUM funds
61 of 415 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in CWST. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — CWST

In 2026 Q2, 234 hedge funds were net buyers of CWST (67 opened a new position, 167 added to an existing one), while 181 reduced or exited (126 trimmed, 55 sold completely) — a 56% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 52% of total institutional value in CWST is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +12 funds (more new holders than closures). Total institutional holders: 415.

Hedge Fund Ownership: CWST

How many hedge funds hold CWST — quarterly history vs. share price
Quarterly hedge fund ownership of CWST vs. share price

Market Analysis: CWST

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: CWST

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

16 top-rated funds 3 high-conviction
Consensus
5.3
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: CWST
410 + Investors

Track Smart Money conviction in CWST. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 410 403 1.74%
13F Shares 77M 73M 5.49%
Total Value $7.13B $5.57B 28.1%
New Positions 64 68 -4
Increased Positions 165 130 +35
Closed Positions 57 57 -
Reduced Positions 124 150 -26
Total Calls 3 3 -
Total Puts 1 1 -
PUT/CALL Ratio 0.33 0.33 Bullish

Statistics: CWST

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Financial Highlights

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Institutional Holders (2026 Q2)

410 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CWST. Verified SEC 13F-HR filings.

QUARTER:
Top 25 CWST holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Hallstatt Advisors L.P. 12.95% 189,527 $18.4M
2 P2 Capital Partners, LLC 5.81% 147,236 $14.3M
3 Conestoga Capital Advisors, LLC 4.93% 2,336,156 $226.5M
4 Catawba River Capital 3.80% 87,655 $8.5M
5 Summit Creek Advisors LLC 3.26% 98,633 $9.6M
6 4D Advisors, LLC 3.17% 85,000 $8.2M
7 Kraematon Investment Advisors, Inc 2.58% 35,677 $3.5M
8 Roubaix Capital, LLC 2.24% 64,536 $6.3M
9 Wasatch Advisors LP 2.24% 3,531,594 $342.5M
10 Harvey Partners, LLC 2.06% 310,131 $30.1M
11 Ranger Investment Management, L.P. 2.03% 330,460 $32.0M
12 Geneva Capital Management LLC 2.03% 911,153 $88.4M
13 Granahan Investment Management, LLC 1.51% 436,289 $42.3M
14 SG Capital Management LLC 1.41% 175,543 $17.0M
15 Aristotle Capital Boston, LLC 1.19% 183,143 $17.8M
16 Rithm Capital Corp. 0.98% 8,250 $800K
17 Df Dent & Co Inc 0.82% 446,270 $43.3M
18 Granite Investment Partners, LLC 0.81% 163,245 $15.8M
19 Silvercrest Asset Management Group LLC 0.75% 1,181,941 $114.6M
20 Future Fund LLC 0.63% 22,781 $2.2M
21 Formula Growth Ltd 0.58% 17,053 $1.7M
22 Osterweis Capital Management Inc 0.56% 123,055 $11.9M
23 Teton Advisors, LLC 0.56% 9,910 $961K
24 Brant Point Investment Management LLC 0.51% 43,000 $4.2M
25 Segall Bryant & Hamill, LLC 0.50% 432,823 $42.0M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Casella Waste Sys Inc (CWST)

What does the Smart Money Trend signal show for CWST?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added CWST than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CWST?

Slight buying edge — 56% buying: Last quarter: 234 funds bought or added vs 181 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CWST holders?

Elite ownership — 52% AUM from top-100 funds: 61 of 415 holders are among the 100 largest funds by AUM, controlling 52% of total institutional value in CWST. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held CWST?

57% of holders stayed for 2+ years: 238 out of 415 hedge funds have held CWST for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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