CASELLA WASTE SYS INC CWST
CL A · Common Stock · CUSIP 147448104 · ISIN US1474481041
American waste management company
- SectorUtilities
- IndustryRefuse Systems
- HeadquartersRutland, VT
- Founded1975
- Websitecasella.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $99.24. Options: 5 managers hold calls ($10.5m notional), 2 hold puts ($69.5k).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 278 |
| Q4 2022 | 271 |
| Q1 2023 | 267 |
| Q2 2023 | 320 |
| Q3 2023 | 300 |
| Q4 2023 | 309 |
| Q1 2024 | 311 |
| Q2 2024 | 314 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 99 | 139 |
| Q1 2023 | 123 | 117 |
| Q2 2023 | 178 | 100 |
| Q3 2023 | 162 | 138 |
| Q4 2023 | 122 | 161 |
| Q1 2024 | 143 | 137 |
| Q2 2024 | 153 | 125 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.1m | $747.5k | 0.69 |
| Q4 2023 | $1.3m | $213.7k | 0.16 |
| Q1 2024 | $4.8m | $59.3k | 0.01 |
| Q2 2024 | $10.5m | $69.5k | 0.01 |
Biggest buyers
| WASATCH ADVISORS LP | Added | +811.2k |
| Capital International Investors | New | +731.0k |
| Invesco Ltd. | Added | +249.4k |
| F/m Investments LLC | New | +111.8k |
| Conestoga Capital Advisors, LLC | Added | +102.0k |
| BlackRock Inc. | Added | +91.2k |
| FRANKLIN RESOURCES INC | Added | +89.6k |
| Capital Research Global Investors | Added | +86.5k |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +84.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +75.2k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.1m |
| T. Rowe Price Investment Management, Inc. | Reduced | -558.5k |
| JPMORGAN CHASE & CO | Reduced | -357.3k |
| AMERIPRISE FINANCIAL INC | Reduced | -129.4k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -116.3k |
| BROWN ADVISORY INC | Reduced | -116.2k |
| FRED ALGER MANAGEMENT, LLC | Reduced | -104.9k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp | Sold out | -85.0k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC | Reduced | -83.0k |
| Allspring Global Investments Holdings, LLC | Reduced | -71.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $6.1m61.2k shares |
| GROUP ONE TRADING LLC | New | $2.2m22.5k shares |
| CITADEL ADVISORS LLC | Reduced | $2.0m20.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $188.0k1.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $69.5k700 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2026-01-08 | 14.3% |
| Conestoga Capital Advisors, LLC 13G · institution filed 2025-01-10 | 5.5% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.5% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: WASATCH ADVISORS LP (4.9%, 2026-10-09), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 5 | $3.1m | — |
| Q4 2022 | 0 | — | 3 | $6.0m | — |
| Q1 2023 | 0 | — | 7 | $4.5m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 6 | $6.4m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 7 | $3.4m | $572.3k |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 5.5m $549.1m | Reduced -2.2k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 4.4m $434.6m | Reduced -357.3k |
| BlackRock Inc. 0.01% of their portfolio | 4.1m $407.7m | Added +91.2k |
| Conestoga Capital Advisors, LLC 5.04% of their portfolio | 3.4m $336.1m | Added +102.0k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.69% of their portfolio | 2.7m $264.6m | Reduced -3.0k |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 2.2m $218.3m | Reduced -129.4k |
| Invesco Ltd. 0.04% of their portfolio | 1.8m $176.0m | Added +249.4k |
| WASATCH ADVISORS LP 0.92% of their portfolio | 1.7m $172.1m | Added +811.2k |
| EARNEST PARTNERS LLC 0.78% of their portfolio | 1.7m $166.7m | Added +51.5k |
| T. Rowe Price Investment Management, Inc. 0.09% of their portfolio | 1.5m $145.3m | Reduced -558.5k |
| Allspring Global Investments Holdings, LLC 0.23% of their portfolio | 1.4m $139.1m | Reduced -71.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.3m $131.2m | Added +52.0k |
| STATE STREET CORP 0.01% of their portfolio | 1.3m $130.2m | Added +45.7k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.84% of their portfolio | 1.2m $122.6m | Reduced -83.0k |
| BROWN ADVISORY INC 0.15% of their portfolio | 1.2m $116.9m | Reduced -116.2k |
| FRED ALGER MANAGEMENT, LLC 0.54% of their portfolio | 1.1m $111.2m | Reduced -104.9k |
| MACQUARIE GROUP LTD 0.13% of their portfolio | 1.1m $109.9m | Added +4.7k |
| GENEVA CAPITAL MANAGEMENT LLC 1.87% of their portfolio | 1.0m $102.8m | Reduced -25.9k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 966.8k $95.9m | Added +10.1k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.44% of their portfolio | 910.8k $90.4m | Added +62.8k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 861.5k $85.5m | Added +26.2k |
| Capital Research Global Investors 0.02% of their portfolio | 809.9k $80.4m | Added +86.5k |
| NEUBERGER BERMAN GROUP LLC 0.06% of their portfolio | 792.4k $78.6m | Added +32.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 792.1k $78.6m | Reduced -25.4k |
| Capital International Investors 0.01% of their portfolio | 731.0k $72.5m | New |
| LOOMIS SAYLES & CO L P 0.10% of their portfolio | 697.2k $69.2m | Reduced -27.7k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 677.0k $67.2m | Reduced -35.3k |
| MORGAN STANLEY 0.00% of their portfolio | 635.6k $63.1m | Reduced -1.1m |
| LONDON CO OF VIRGINIA 0.35% of their portfolio | 621.1k $61.6m | Added +3.4k |
| TimesSquare Capital Management, LLC 0.95% of their portfolio | 611.1k $60.6m | Added +9.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 546.4k $54.2m | Added +15.6k |
| Granite Investment Partners, LLC 1.84% of their portfolio | 448.8k $44.5m | Reduced -45.5k |
| SEI INVESTMENTS CO 0.06% of their portfolio | 425.8k $42.2m | Added +65.6k |
| JENNISON ASSOCIATES LLC 0.03% of their portfolio | 408.7k $40.6m | Added +5.9k |
| Ranger Investment Management, L.P. 2.53% of their portfolio | 374.7k $37.2m | Reduced -4.8k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 351.1k $34.8m | Added +89.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 350.0k $34.7m | Added +21.8k |
| VOYA INVESTMENT MANAGEMENT LLC 0.03% of their portfolio | 349.4k $34.7m | Added +84.1k |
| NORGES BANK 0.01% of their portfolio | 343.2k $34.1m | Added +61.0k |
| Global Alpha Capital Management Ltd. 2.45% of their portfolio | 338.7k $33.6m | Added +68.4k |
| COMERICA BANK 0.13% of their portfolio | 321.5k $31.9m | Added +10.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 316.8k $31.4m | Added +4.5k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.43% of their portfolio | 308.7k $30.6m | Reduced -8.2k |
| SEGALL BRYANT & HAMILL, LLC 0.54% of their portfolio | 308.0k $30.6m | Added +21.8k |
| Aristotle Capital Boston, LLC 0.99% of their portfolio | 295.3k $29.3m | Reduced -5.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 294.1k $29.2m | Reduced -116.3k |
| GW&K Investment Management, LLC 0.26% of their portfolio | 288.5k $28.6m | Reduced -3.7k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 277.7k $28.7m | Reduced -31.1k |
| Aberdeen Group plc 0.05% of their portfolio | 274.1k $27.2m | Reduced -11.5k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.56% of their portfolio | 264.8k $26.3m | Reduced -24.2k |
| Granahan Investment Management, LLC 1.05% of their portfolio | 263.7k $26.2m | Reduced -71.3k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 242.7k $24.1m | Added +14.7k |
| Ensign Peak Advisors, Inc 0.04% of their portfolio | 242.0k $24.0m | Reduced -10.6k |
| California Public Employees Retirement System 0.02% of their portfolio | 236.6k $23.5m | Added +15.1k |
| WCM INVESTMENT MANAGEMENT, LLC 0.05% of their portfolio | 230.9k $23.0m | Added +3.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.06% of their portfolio | 226.2k $22.4m | Reduced -26.4k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 217.8k $21.6m | Added +4.3k |
| BESSEMER GROUP INC 0.04% of their portfolio | 212.6k $21.1m | Added +32.6k |
| Thrivent Financial for Lutherans 0.04% of their portfolio | 193.2k $19.2m | Reduced -5.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 155.7k $15.4m | Added +13.3k |
| FIL Ltd 0.02% of their portfolio | 154.2k $15.3m | Added +9.1k |
| DF DENT & CO INC 0.19% of their portfolio | 151.9k $15.1m | Added +20.7k |
| Asset Management One Co., Ltd. 0.06% of their portfolio | 147.2k $14.6m | Reduced -1.4k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 145.3k $14.4m | Added +2.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 142.9k $14.2m | Added +75.2k |
| EAGLE ASSET MANAGEMENT INC 0.07% of their portfolio | 141.5k $13.7m | Reduced -66.5k |
| Swiss National Bank 0.01% of their portfolio | 112.1k $11.1m | Reduced -400 |
| F/m Investments LLC 0.40% of their portfolio | 111.8k $11.1m | New |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 109.8k $10.9m | Reduced -2.8k |
| BARCLAYS PLC 0.00% of their portfolio | 102.2k $10.1m | Added +51.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 101.3k $10.1m | Added +1.0k |
| GAMCO INVESTORS, INC. ET AL 0.11% of their portfolio | 99.7k $9.9m | Reduced -1.2k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 95.1k $9.4m | Reduced -30.3k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 87.7k $8.7m | Added +60.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 83.9k $8.3m | Added +4.0k |
| Catawba River Capital 4.84% of their portfolio | 80.6k $8.0m | Added +787 |
| Focus Partners Wealth 0.03% of their portfolio | 75.3k $7.5m | Added +38.2k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.09% of their portfolio | 71.5k $7.1m | Added +18.4k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 71.5k $7.1m | Added +1.6k |
| CASTLEARK MANAGEMENT LLC 0.26% of their portfolio | 64.2k $6.4m | Added +7.3k |
| Legal & General Group Plc 0.00% of their portfolio | 60.4k $6.0m | Reduced -24.1k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 60.4k $6.0m | Added +6.3k |
| Impax Asset Management Group plc 0.02% of their portfolio | 60.0k $6.0m | Unchanged |
| B. Metzler seel. Sohn & Co. AG 0.05% of their portfolio | 57.4k $5.7m | Added +9.9k |
| STRS OHIO 0.02% of their portfolio | 56.1k $5.6m | Added +900 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 55.7k $5.5m | Reduced -1.3k |
| Jackson Square Partners, LLC 0.33% of their portfolio | 55.0k $5.5m | Reduced -2.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 54.6k $5.4m | Reduced -22.6k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 52.4k $5.2m | Added +4.2k |
| KRAEMATON INVESTMENT ADVISORS, INC 5.22% of their portfolio | 51.8k $5.1m | Reduced -275 |
| Pathstone Holdings, LLC 0.02% of their portfolio | 49.5k $4.9m | Added +2.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 48.2k $4.8m | Added +42.0k |
| NATIXIS ADVISORS, LLC 0.01% of their portfolio | 48.0k $4.8m | Reduced -584 |
| Driehaus Capital Management LLC 0.04% of their portfolio | 46.8k $4.6m | Added +2.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 46.1k $4.6m | Reduced -725 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio | 41.9k $4.2m | Added +1.7k |
| OAK RIDGE INVESTMENTS LLC 0.40% of their portfolio | 41.8k $4.1m | Reduced -15.2k |
| Advantage Alpha Capital Partners LP 0.83% of their portfolio | 38.5k $3.8m | Reduced -15.8k |
| Susquehanna Portfolio Strategies, LLC 0.15% of their portfolio | 37.6k $3.7m | Unchanged |
| Allianz Asset Management GmbH 0.01% of their portfolio | 37.4k $3.7m | Reduced -17.9k |