Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

CASELLA WASTE SYS INC (CWST)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +11
Streak
1Q ▲
Buyers last Q
59%

Smart Money Signals — CWST

Based on 375 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, 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
375 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 — +14% more funds vs a year ago

fund count last 6Q
+45 new funds entered over the past year (+14% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 59% buying

242 buying167 selling
Last quarter: 242 funds bought or added vs 167 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.
📈

More new buyers each quarter (+34 vs last Q)

new funds entering per quarter
Funds opening a new CWST position: 50 → 50 → 52 → 86. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

58% of holders stayed for 2+ years

58% conviction (2yr+) 18% medium 23% new
219 out of 375 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.
📈

Growing discovery — still being found

39 → 50 → 50 → 52 → 86 new funds/Q
New funds entering each quarter: 50 → 50 → 52 → 86. A growing number of institutions are discovering CWST each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 61% of holders stayed 2+ years

61% veterans 12% 1-2yr 27% new
Of 378 current holders: 229 (61%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 43% AUM from top-100 funds

43% from top-100 AUM funds
46 of 375 holders are among the 100 largest funds by AUM, controlling 43% 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.

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

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

28 top-rated funds 4 high-conviction
Consensus
6.3
/ 10
breadth
×
Elite
2.9
/ 10
conviction
Hedge Fund Positioning: CWST
2026 Q1 Stats Unlock in 22 days 378 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 378 368 2.72%
13F Shares 76M 66M 15.25%
Total Value $7.36B $6.17B 19.29%
New Positions 86 52 +34
Increased Positions 160 147 +13
Closed Positions 75 57 +18
Reduced Positions 97 127 -30
Total Calls 3 3 -
Total Puts 1 1 -
PUT/CALL Ratio 0.33 0.33 Bullish

Statistics: CWST

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Institutional Holders (2026 Q1)

378 + investors

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

Top 25 institutional holders of CWST — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Conestoga Capital Advisors, LLC 4.44% 2,804,475 $222.5M
2 WASATCH ADVISORS LP 1.36% 2,582,220 $204.9M
3 MOODY ALDRICH PARTNERS LLC 0.41% 28,805 $2.3M
4 RIVERBRIDGE PARTNERS LLC 0.34% 173,205 $13.7M
5 Boston Trust Walden Corp 0.25% 384,785 $30.5M
6 Highlander Partners, L.P. 0.19% 6,000 $476K
7 Asset Advisory Group, Inc. 0.18% 4,556 $361K
8 MQS Management LLC 0.18% 3,306 $262K
9 TOMPKINS FINANCIAL CORP 0.17% 26,677 $2.1M
10 Skylands Capital, LLC 0.09% 8,375 $664K
11 NJ State Employees Deferred Compensation Plan 0.08% 8,000 $759K
12 Pictet Asset Management Holding SA 0.08% 924,375 $73.3M
13 Hilltop National Bank 0.07% 3,941 $313K
14 Y-Intercept (Hong Kong) Ltd 0.07% 46,878 $3.7M
15 OPPENHEIMER ASSET MANAGEMENT INC. 0.07% 72,019 $5.7M
16 SHEETS SMITH WEALTH MANAGEMENT 0.06% 7,220 $573K
17 Intellectus Partners, LLC 0.05% 2,810 $223K
18 Ares Financial Consulting, LLC 0.04% 685 $56K
19 SILVERLAKE WEALTH MANAGEMENT LLC 0.04% 2,590 $205K
20 Louisiana State Employees Retirement System 0.04% 27,700 $2K
21 AMI ASSET MANAGEMENT CORP 0.04% 7,596 $603K
22 CONGRESS ASSET MANAGEMENT CO 0.04% 64,938 $5.2M
23 Gradient Investments LLC 0.03% 25,720 $2.0M
24 State of Alaska, Department of Revenue 0.03% 30,855 $2K
25 Patriot Financial Group Insurance Agency, LLC 0.03% 5,746 $456K
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 — 1 quarter in a row: For 1 consecutive quarter, 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 — 59% buying: Last quarter: 242 funds bought or added vs 167 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 — 43% AUM from top-100 funds: 46 of 375 holders are among the 100 largest funds by AUM, controlling 43% 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?

58% of holders stayed for 2+ years: 219 out of 375 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.