REPUBLIC SVCS INC RSG
COM · Common Stock · CUSIP 760759100 · ISIN US7607591002
Solid waste management company in the U.S.
- SectorUtilities
- IndustryRefuse Systems
- HeadquartersPhoenix, AZ
- Founded1998
- Websiterepublicservices.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 ($77.9m this quarter). Holder counts are more reliable. Shares outstanding: 316.3m as of 2023-07-24, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $153.04. Options: 18 managers hold calls ($53.8m notional), 15 hold puts ($62.9m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 920 |
| Q4 2022 | 937 |
| Q1 2023 | 941 |
| Q2 2023 | 956 |
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 | 394 | 415 |
| Q1 2023 | 458 | 398 |
| Q2 2023 | 415 | 423 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $32.4m | $33.6m | 1.04 |
| Q4 2022 | $23.6m | $13.4m | 0.57 |
| Q1 2023 | $32.3m | $35.3m | 1.09 |
| Q2 2023 | $53.8m | $62.9m | 1.17 |
Biggest buyers
| GOLDMAN SACHS GROUP INC | Added | +862.9k |
| MORGAN STANLEY | Added | +654.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +515.5k |
| JPMORGAN CHASE & CO | Added | +433.9k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +407.1k |
| LONDON CO OF VIRGINIA | New | +381.9k |
| ALLIANCEBERNSTEIN L.P. | Added | +381.1k |
| VICTORY CAPITAL MANAGEMENT INC | Added | +350.0k |
| Balyasny Asset Management L.P. | Added | +326.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +225.7k |
Biggest sellers
| OFI INVEST ASSET MANAGEMENT | Reduced | -24.5m |
| Capital World Investors | Reduced | -464.7k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -427.4k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -404.1k |
| TWO SIGMA ADVISERS, LP | Reduced | -401.2k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -344.9k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Reduced | -317.0k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -271.4k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -266.3k |
| Amundi | Reduced | -254.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.1m104.8k shares |
| Twin Tree Management, LP | Unchanged | $8.9m58.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $6.1m39.8k shares |
| UBS Group AG | New | $5.4m35.5k shares |
| CITADEL ADVISORS LLC | Reduced | $4.2m27.4k shares |
| Walleye Trading LLC | Added | $2.7m17.7k shares |
| JANE STREET GROUP, LLC | Added | $2.3m14.7k shares |
| Parallax Volatility Advisers, L.P. | New | $2.2m14.3k shares |
| WOLVERINE TRADING, LLC | Added | $2.0m13.4k shares |
| SIMPLEX TRADING, LLC | Added | $1.5m9.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.0m124.0k shares |
| Walleye Trading LLC | Added | $12.7m82.7k shares |
| CITADEL ADVISORS LLC | Reduced | $9.0m58.8k shares |
| JANE STREET GROUP, LLC | Added | $7.2m46.7k shares |
| SIMPLEX TRADING, LLC | Added | $7.1m46.1k shares |
| WOLVERINE TRADING, LLC | Added | $3.3m21.5k shares |
| PEAK6 Investments LLC | Reduced | $1.5m10.1k shares |
| TWO SIGMA SECURITIES, LLC | Added | $1.1m7.2k shares |
| GROUP ONE TRADING LLC | New | $474.8k3.1k shares |
| Twin Tree Management, LP | Unchanged | $459.5k3.0k 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 |
|---|---|
| CASCADE INVESTMENT, L.L.C. 13D · may seek influence +1.2 pts · filed 2026-09-09 | 37.9% |
Fell to 5% or below in the last year: BlackRock, Inc. (5.0%, 2026-07-29), VANGUARD GROUP INC (0.0%, 2026-03-27)
Insider purchases and sales in Q2 2023
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 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $267.2k | — |
| Q1 2022 | 0 | — | 0 | — | — |
| Q2 2022 | 0 | — | 2 | $2.1m | — |
| Q3 2022 | 0 | — | 1 | $2.0m | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 2 | $179.9k | 2 | $776.9k | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.09% of their portfolio | 20.4m $3.1bn | Added +56.7k |
| VANGUARD GROUP INC 0.07% of their portfolio | 18.2m $2.8bn | Reduced -158.5k |
| STATE STREET CORP 0.07% of their portfolio | 9.0m $1.4bn | Added +27.9k |
| PICTET ASSET MANAGEMENT SA 1.49% of their portfolio | 8.2m $1.3bn | Added +136.2k |
| JPMORGAN CHASE & CO 0.12% of their portfolio | 6.6m $1.0bn | Added +433.9k |
| MORGAN STANLEY 0.07% of their portfolio | 4.9m $743.9m | Added +654.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.08% of their portfolio | 4.6m $699.8m | Added +108.0k |
| Allspring Global Investments Holdings, LLC 0.91% of their portfolio | 3.7m $569.0m | Reduced -6.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.76% of their portfolio | 3.7m $557.5m | Reduced -117.3k |
| DIMENSIONAL FUND ADVISORS LP 0.16% of their portfolio | 3.2m $488.2m | Reduced -271.4k |
| Invesco Ltd. 0.13% of their portfolio | 3.2m $486.0m | Added +74.7k |
| VICTORY CAPITAL MANAGEMENT INC 0.41% of their portfolio | 2.5m $377.3m | Added +350.0k |
| UBS Group AG 0.16% of their portfolio | 2.4m $366.1m | Reduced -34.8k |
| Impax Asset Management Group plc 1.45% of their portfolio | 2.4m $360.5m | Reduced -80.6k |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 2.3m $355.0m | Added +862.9k |
| NORTHERN TRUST CORP 0.07% of their portfolio | 2.3m $347.2m | Reduced -161.4k |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 2.2m $333.6m | Reduced -15.0k |
| FRANKLIN RESOURCES INC 0.16% of their portfolio | 2.1m $328.2m | Added +40.2k |
| AMERICAN CENTURY COMPANIES INC 0.25% of their portfolio | 2.1m $328.1m | Added +41.2k |
| NORGES BANK 0.06% of their portfolio | 2.1m $321.5m | Added +63.1k |
| Bank of New York Mellon Corp 0.06% of their portfolio | 1.8m $280.8m | Reduced -13.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.58% of their portfolio | 1.7m $264.7m | Reduced -404.1k |
| FMR LLC 0.02% of their portfolio | 1.6m $251.0m | Reduced -98.3k |
| AMERIPRISE FINANCIAL INC 0.08% of their portfolio | 1.6m $245.1m | Reduced -150.3k |
| ALLIANCEBERNSTEIN L.P. 0.09% of their portfolio | 1.5m $226.7m | Added +381.1k |
| CITADEL ADVISORS LLC 0.24% of their portfolio | 1.4m $219.4m | Reduced -168.1k |
| Legal & General Group Plc 0.07% of their portfolio | 1.4m $214.6m | Reduced -7.8k |
| CHILTON INVESTMENT CO INC. 6.19% of their portfolio | 1.4m $211.7m | Reduced -19.0k |
| PARNASSUS INVESTMENTS, LLC 0.49% of their portfolio | 1.4m $211.3m | Reduced -217.7k |
| Amundi 0.11% of their portfolio | 1.4m $207.9m | Reduced -254.8k |
| Ensign Peak Advisors, Inc 0.40% of their portfolio | 1.3m $198.9m | Reduced -41.7k |
| Capital World Investors 0.04% of their portfolio | 1.3m $196.9m | Reduced -464.7k |
| California Public Employees Retirement System 0.17% of their portfolio | 1.3m $194.8m | Reduced -38.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 1.2m $185.4m | Reduced -1.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 1.1m $154.1m | Unchanged |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.06% of their portfolio | 1.1m $172.5m | Added +21.6k |
| DekaBank Deutsche Girozentrale 0.38% of their portfolio | 1.1m $169.4m | Added +203.0k |
| MILLENNIUM MANAGEMENT LLC 0.17% of their portfolio | 1.1m $163.5m | Added +515.5k |
| DEUTSCHE BANK AG\ 0.09% of their portfolio | 1.1m $162.4m | Added +1.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 945.4k $144.8m | Added +225.7k |
| EARNEST PARTNERS LLC 0.80% of their portfolio | 929.6k $142.4m | Added +17.7k |
| TWO SIGMA INVESTMENTS, LP 0.37% of their portfolio | 900.5k $137.9m | Reduced -427.4k |
| M&G INVESTMENT MANAGEMENT LTD 0.79% of their portfolio | 870.2k $133.1m | Reduced -84.2k |
| Nuveen Asset Management, LLC 0.05% of their portfolio | 857.1k $131.3m | Reduced -45.7k |
| TWO SIGMA ADVISERS, LP 0.33% of their portfolio | 851.1k $130.4m | Reduced -401.2k |
| Swiss National Bank 0.08% of their portfolio | 799.5k $122.5m | Reduced -78.3k |
| GABELLI FUNDS LLC 0.87% of their portfolio | 750.0k $114.9m | Reduced -24.1k |
| CREDIT SUISSE AG/ 0.11% of their portfolio | 742.8k $113.8m | Reduced -188.7k |
| Mitsubishi UFJ Trust & Banking Corp 0.26% of their portfolio | 731.2k $112.0m | Reduced -13.1k |
| APG Asset Management N.V. 0.21% of their portfolio | 725.5k $101.9m | Reduced -29.0k |
| RAYMOND JAMES & ASSOCIATES 0.09% of their portfolio | 695.7k $106.6m | Reduced -4.3k |
| AQR CAPITAL MANAGEMENT LLC 0.22% of their portfolio | 687.6k $104.1m | Added +35.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.08% of their portfolio | 670.9k $102.8m | Reduced -77.5k |
| GAMCO INVESTORS, INC. ET AL 1.07% of their portfolio | 662.5k $101.5m | Reduced -22.7k |
| AXA S.A. 0.33% of their portfolio | 652.9k $100.0m | Added +128.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.07% of their portfolio | 649.5k $99.5m | Added +16.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 636.0k $97.4m | Reduced -10.7k |
| T. Rowe Price Investment Management, Inc. 0.07% of their portfolio | 630.5k $96.6m | Added +3.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 596.9k $91.4m | Added +35.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio | 586.5k $89.8m | Reduced -344.9k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.38% of their portfolio | 540.4k $82.8m | Reduced -9.4k |
| GENERAL AMERICAN INVESTORS CO INC 7.00% of their portfolio | 524.9k $80.4m | Unchanged |
| RHUMBLINE ADVISERS 0.09% of their portfolio | 509.4k $78.0m | Added +20.3k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.84% of their portfolio | 495.2k $75.8m | Reduced -44 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.10% of their portfolio | 495.2k $75.8m | Added +62.4k |
| BARCLAYS PLC 0.05% of their portfolio | 484.2k $74.2m | Added +97.0k |
| STOREBRAND ASSET MANAGEMENT AS 0.33% of their portfolio | 471.2k $72.2m | Reduced -7.0k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 445.7k $68.3m | Added +46.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.32% of their portfolio | 442.2k $67.7m | Added +13.4k |
| Robeco Institutional Asset Management B.V. 0.18% of their portfolio | 440.7k $67.5m | Reduced -33.0k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 1.18% of their portfolio | 431.6k $66.1m | Reduced -1.6k |
| SEI INVESTMENTS CO 0.11% of their portfolio | 426.6k $65.3m | Reduced -4.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.20% of their portfolio | 425.9k $65.2m | Reduced -228.9k |
| AEGON ASSET MANAGEMENT UK Plc 1.05% of their portfolio | 421.9k $64.6m | Reduced -1.2k |
| Schonfeld Strategic Advisors LLC 0.56% of their portfolio | 420.3k $64.4m | Added +141.1k |
| ACADIAN ASSET MANAGEMENT LLC 0.26% of their portfolio | 408.0k $62.5m | Added +407.1k |
| Tandem Investment Advisors, Inc. 2.66% of their portfolio | 394.8k $60.5m | Added +7.4k |
| TD Asset Management Inc 0.07% of their portfolio | 393.0k $60.2m | Reduced -20.3k |
| DEARBORN PARTNERS LLC 2.29% of their portfolio | 390.2k $59.8m | Added +1.0k |
| LONDON CO OF VIRGINIA 0.33% of their portfolio | 381.9k $58.5m | New |
| BNP PARIBAS FINANCIAL MARKETS 0.11% of their portfolio | 379.2k $58.1m | Added +36.5k |
| GUYASUTA INVESTMENT ADVISORS INC 4.07% of their portfolio | 359.0k $55.0m | Reduced -11.0k |
| DAVENPORT & Co LLC 0.40% of their portfolio | 346.6k $52.9m | Added +9.7k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 343.1k $52.6m | Reduced -9.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.07% of their portfolio | 336.7k $51.6m | Reduced -13.8k |
| Balyasny Asset Management L.P. 0.14% of their portfolio | 329.1k $50.4m | Added +326.7k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.14% of their portfolio | 323.0k $49.5m | Added +143.8k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 302.1k $46.3m | Added +27.8k |
| CITIGROUP INC 0.06% of their portfolio | 301.7k $46.2m | Reduced -24.1k |
| Partners Group Holding AG 3.83% of their portfolio | 301.3k $46.1m | Reduced -70.4k |
| Northwest & Ethical Investments L.P. 1.47% of their portfolio | 299.7k $45.9m | Reduced -3.4k |
| Fenimore Asset Management Inc 1.14% of their portfolio | 298.5k $45.7m | Reduced -264 |
| SEGALL BRYANT & HAMILL, LLC 0.47% of their portfolio | 295.4k $45.3m | Added +99.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 290.9k $44.6m | Added +33.9k |
| TORONTO DOMINION BANK 0.03% of their portfolio | 287.6k $44.0m | Added +127.1k |
| National Pension Service 0.07% of their portfolio | 281.5k $42.6m | Reduced -8.1k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.41% of their portfolio | 280.0k $42.9m | Unchanged |
| EULAV Asset Management 1.57% of their portfolio | 274.5k $42.0m | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.07% of their portfolio | 268.4k $41.1m | Reduced -33.5k |
| MARTINGALE ASSET MANAGEMENT L P 0.80% of their portfolio | 267.4k $41.0m | Reduced -24.8k |