Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Gfl Environmental Inc (GFL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
52%

Smart Money Signals — GFL

Based on 324 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their GFL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
324 hedge funds hold GFL 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 — +6% more funds vs a year ago

fund count last 6Q
+17 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 52% buying

191 buying175 selling
Last quarter: 191 funds bought or added vs 175 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 (+13 vs last Q)

new funds entering per quarter
Funds opening a new GFL position: 32 → 63 → 59 → 72. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 21% medium ■ 26% new
172 out of 324 hedge funds have held GFL 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

40 → 32 → 63 → 59 → 72 new funds/Q
New funds entering each quarter: 32 → 63 → 59 → 72. A growing number of institutions are discovering GFL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 58% veterans vs 28% newcomers

■ 58% veterans ■ 14% 1-2yr ■ 28% new
Entry-cohort mix of 332 holders: 191 (58%) are 2+ year veterans, 47 entered 1–2 years ago, and 94 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds
55 of 322 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in GFL. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — GFL

In 2026 Q2, 191 hedge funds were net buyers of GFL (72 opened a new position, 119 added to an existing one), while 175 reduced or exited (102 trimmed, 73 sold completely) — a 52% buyer ratio, indicating a slight buying edge. 47% of total institutional value in GFL is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 324.

Hedge Fund Ownership: GFL

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

Market Analysis: GFL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: GFL

-- --

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

Is It Too Late to Buy Gfl Environmental Inc (GFL) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much GFL has moved relative to its sector benchmark (XLI) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 82d ago
GFL
+15.6%
XLI
-8.4%

GFL outperformed XLI by +24.0% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 37d ago
GFL
+1.5%
XLI
-9.0%

Since the filing became public, GFL outperformed XLI by +10.5% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 4 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
3.2
/ 10
conviction
Hedge Fund Positioning: GFL
318 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 318 325 -2.15%
13F Shares 276M 252M 9.45%
Total Value $9.73B $10.10B -3.64%
New Positions 70 59 +11
Increased Positions 117 127 -10
Closed Positions 75 53 +22
Reduced Positions 100 96 +4
Total Calls 5 7 -28.57%
Total Puts 4 4 -
PUT/CALL Ratio 0.8 0.57 Neutral

Statistics: GFL

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Institutional Holders (2026 Q2)

318 + investors

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

QUARTER:
Top 25 GFL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 BC Partners PE LP 21.77% 29,912,724 $965.1M
2 Norwood Investment Partners, LP 15.24% 300,000 $11.0M
3 ADW Capital Management, LLC 7.96% 1,010,000 $37.2M
4 Hallstatt Advisors L.P. 6.90% 266,189 $9.8M
5 Ontario Teachers Pension Plan Board 5.23% 22,450,784 $824.7M
6 Verbena Value LP 4.93% 811,300 $29.8M
7 Bayberry Capital Partners LP 4.25% 335,000 $12.3M
8 Dendur Capital LP 3.82% 1,975,000 $72.7M
9 Maverick Capital Ltd 3.31% 10,202,931 $375.3M
10 Clarkston Capital Partners, LLC 2.73% 878,909 $32.3M
11 Cruiser Capital Advisors, LLC 2.71% 119,267 $4.4M
12 Red Reef Advisors LLC 2.12% 62,623 $2.3M
13 Barton Investment Management 2.07% 415,541 $15.3M
14 Redwood Grove Capital, LLC 1.99% 214,000 $7.9M
15 Schwartz Investment Counsel Inc 0.91% 745,863 $27.4M
16 Paralel Advisors LLC 0.78% 550,000 $20.2M
17 KR Capital LP 0.68% 187,316 $6.9M
18 Fred Alger Management, LLC 0.67% 5,430,363 $199.8M
19 CIBC Asset Management Inc 0.60% 7,494,244 $275.6M
20 K.J. Harrison & Partners Inc 0.59% 112,537 $4.1M
21 Cinctive Capital Management LP 0.52% 386,515 $14.2M
22 Delaney Capital Management Ltd. 0.45% 76,976 $2.8M
23 Clearline Capital LP 0.43% 194,150 $7.1M
24 Copeland Capital Management, LLC 0.40% 534,896 $19.7M
25 Brasada Capital Management, LP 0.39% — $2.2M
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 — Gfl Environmental Inc (GFL)

What does the Smart Money Trend signal show for GFL?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their GFL positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for GFL?

Slight buying edge — 52% buying: Last quarter: 191 funds bought or added vs 175 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 GFL holders?

Elite ownership — 47% AUM from top-100 funds: 55 of 322 holders are among the 100 largest funds by AUM, controlling 47% of total institutional value in GFL. 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 GFL?

53% of holders stayed for 2+ years: 172 out of 324 hedge funds have held GFL 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.

Is it too late to buy Gfl Environmental Inc (GFL) following the 2026 Q2 hedge fund 13F filings?

As of today, GFL has moved +1.5% since the 2026 Q2 13F filing date (August 14, 2026), compared to -9.0% for the XLI sector ETF — an outperformance of +10.5%. Since the quarter end (June 30, 2026), GFL has gained +15.6% vs -8.4% for XLI. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

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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