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 ($70.2m this quarter). Holder counts are more reliable. Shares outstanding: 312.5m as of 2025-04-17, 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 ≈ $242.05. Options: 17 managers hold calls ($62.6m notional), 15 hold puts ($36.9m).
Trends to Q1 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 920 |
| Q4 2022 | 937 |
| Q1 2023 | 941 |
| Q2 2023 | 956 |
| Q3 2023 | 966 |
| Q4 2023 | 1,089 |
| Q1 2024 | 1,133 |
| Q2 2024 | 1,156 |
| Q3 2024 | 1,183 |
| Q4 2024 | 1,230 |
| Q1 2025 | 1,261 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 415 | 423 |
| Q3 2023 | 426 | 419 |
| Q4 2023 | 465 | 450 |
| Q1 2024 | 488 | 509 |
| Q2 2024 | 520 | 489 |
| Q3 2024 | 547 | 492 |
| Q4 2024 | 530 | 511 |
| Q1 2025 | 602 | 524 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $102.2m | $63.5m | 0.62 |
| Q3 2024 | $63.7m | $83.8m | 1.31 |
| Q4 2024 | $70.2m | $37.7m | 0.54 |
| Q1 2025 | $62.6m | $36.9m | 0.59 |
Biggest buyers
| C WorldWide Group Holding A/S | New | +949.8k |
| Capital World Investors | Added | +702.5k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +572.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +384.7k |
| FRANKLIN RESOURCES INC | Added | +277.1k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | New | +263.9k |
| MILLENNIUM MANAGEMENT LLC | Added | +246.4k |
| GOLDMAN SACHS GROUP INC | Added | +225.8k |
| TD Asset Management Inc | Added | +224.9k |
| CITIGROUP INC | Added | +201.6k |
Biggest sellers
| MACKENZIE FINANCIAL CORP | Reduced | -520.9k |
| Allspring Global Investments Holdings, LLC | Reduced | -510.1k |
| Balyasny Asset Management L.P. | Reduced | -498.3k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -347.5k |
| Qube Research & Technologies Ltd | Reduced | -326.8k |
| Point72 Asset Management, L.P. | Sold out | -324.1k |
| CITADEL ADVISORS LLC | Reduced | -246.7k |
| STATE STREET CORP | Reduced | -228.6k |
| Pictet Asset Management Holding SA | Reduced | -206.5k |
| Bank of New York Mellon Corp | Reduced | -202.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $24.4m100.9k shares |
| CITADEL ADVISORS LLC | Added | $10.8m44.4k shares |
| JANE STREET GROUP, LLC | Added | $6.3m26.0k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $4.0m16.5k shares |
| WOLVERINE TRADING, LLC | Added | $3.3m14.0k shares |
| Walleye Capital LLC | Added | $3.2m13.3k shares |
| IMC-Chicago, LLC | New | $2.6m10.6k shares |
| Walleye Trading LLC | Reduced | $2.3m9.5k shares |
| SIMPLEX TRADING, LLC | Added | $1.2m5.1k shares |
| Allianz Asset Management GmbH | New | $1.1m4.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $11.6m48.0k shares |
| CITADEL ADVISORS LLC | Reduced | $8.2m33.7k shares |
| Fulcrum Asset Management LLP | New | $7.1m36.7k shares |
| Walleye Trading LLC | Reduced | $2.7m11.1k shares |
| Walleye Capital LLC | Reduced | $2.0m8.4k shares |
| Allianz Asset Management GmbH | New | $1.6m6.7k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.6m6.7k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Reduced | $557.0k2.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $484.0k2.0k shares |
| JANE STREET GROUP, LLC | Reduced | $387.5k1.6k 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 Q1 2025
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 |
|---|---|---|---|---|---|
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 2 | $1.2m | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 1 | $1.0m | — |
| Q2 2024 | 2 | $114.8k | 1 | $1.2m | — |
| Q3 2024 | 0 | — | 1 | $649.6k | — |
| Q4 2024 | 0 | — | 2 | $1.5m | — |
| Q1 2025 | 0 | — | 2 | $2.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-03-03 | Richardson Larson SVP Operations | Sold | $526.0k2.2k shares |
| 2025-02-19 | Brummer Gregg EVP, COO | Sold | $1.4m6.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.08% of their portfolio | 18.8m $4.5bn | Added +170.5k |
| BlackRock, Inc. 0.09% of their portfolio | 17.7m $4.3bn | Added +88.3k |
| STATE STREET CORP 0.09% of their portfolio | 9.5m $2.3bn | Reduced -228.6k |
| Capital World Investors 0.34% of their portfolio | 8.6m $2.1bn | Added +702.5k |
| Pictet Asset Management Holding SA 1.63% of their portfolio | 6.1m $1.5bn | Reduced -206.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.28% of their portfolio | 5.9m $1.4bn | Added +42.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.16% of their portfolio | 5.3m $1.3bn | Added +17.7k |
| GEODE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 4.7m $1.1bn | Added +112.2k |
| MORGAN STANLEY 0.07% of their portfolio | 4.1m $998.0m | Reduced -116.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.94% of their portfolio | 3.7m $892.2m | Added +572.1k |
| JPMORGAN CHASE & CO 0.05% of their portfolio | 2.9m $695.5m | Added +119.2k |
| NORGES BANK 0.09% of their portfolio | 2.8m $666.8m | Added +4.5k |
| NORTHERN TRUST CORP 0.09% of their portfolio | 2.4m $580.1m | Reduced -30.8k |
| UBS Group AG 0.12% of their portfolio | 2.2m $544.1m | Reduced -24.5k |
| FRANKLIN RESOURCES INC 0.15% of their portfolio | 2.2m $523.4m | Added +277.1k |
| TD Asset Management Inc 0.46% of their portfolio | 2.0m $494.9m | Added +224.9k |
| Allspring Global Investments Holdings, LLC 0.86% of their portfolio | 2.0m $496.2m | Reduced -510.1k |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 2.0m $479.4m | Added +90.3k |
| Invesco Ltd. 0.09% of their portfolio | 1.9m $464.1m | Reduced -1.1k |
| STIFEL FINANCIAL CORP 0.46% of their portfolio | 1.8m $436.5m | Reduced -22.8k |
| FMR LLC 0.03% of their portfolio | 1.8m $433.9m | Added +132.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.11% of their portfolio | 1.8m $427.0m | Added +384.7k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 1.6m $394.9m | Added +225.8k |
| Bank of New York Mellon Corp 0.07% of their portfolio | 1.4m $335.4m | Reduced -202.3k |
| AMERIPRISE FINANCIAL INC 0.09% of their portfolio | 1.4m $334.7m | Reduced -170.2k |
| CHILTON INVESTMENT CO INC. 7.68% of their portfolio | 1.3m $314.9m | Added +4.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio | 1.3m $309.5m | Added +11.1k |
| EARNEST PARTNERS LLC 1.42% of their portfolio | 1.2m $297.4m | Reduced -27.0k |
| Legal & General Group Plc 0.08% of their portfolio | 1.2m $294.9m | Added +7.4k |
| DIMENSIONAL FUND ADVISORS LP 0.07% of their portfolio | 1.1m $269.5m | Reduced -131.2k |
| DekaBank Deutsche Girozentrale 0.52% of their portfolio | 1.1m $263.5m | Added +7.3k |
| Amundi 0.09% of their portfolio | 1.0m $250.7m | Reduced -2.8k |
| DEUTSCHE BANK AG\ 0.10% of their portfolio | 990.2k $239.8m | Reduced -84.7k |
| Caisse de depot et placement du Quebec 0.50% of their portfolio | 978.1k $236.9m | Reduced -197.2k |
| C WorldWide Group Holding A/S 2.85% of their portfolio | 949.8k $230.0m | New |
| RAYMOND JAMES FINANCIAL INC 0.08% of their portfolio | 924.0k $223.8m | Added +5.3k |
| California Public Employees Retirement System 0.16% of their portfolio | 920.1k $222.8m | Reduced -19.0k |
| AMERICAN CENTURY COMPANIES INC 0.13% of their portfolio | 891.5k $215.9m | Reduced -120.3k |
| VICTORY CAPITAL MANAGEMENT INC 0.22% of their portfolio | 871.0k $210.9m | Reduced -69.9k |
| Nuveen, LLC 0.06% of their portfolio | 820.5k $198.7m | First filing |
| AQR CAPITAL MANAGEMENT LLC 0.18% of their portfolio | 736.1k $177.3m | Reduced -38.8k |
| Impax Asset Management Group plc 1.05% of their portfolio | 719.4k $174.2m | Reduced -137.7k |
| Magellan Asset Management Ltd 2.08% of their portfolio | 705.3k $170.8m | Reduced -96.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.10% of their portfolio | 701.2k $169.8m | Reduced -49.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 700.9k $169.7m | Added +714 |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 631.2k $152.8m | Reduced -50.3k |
| Swiss National Bank 0.11% of their portfolio | 618.3k $149.7m | Reduced -2.8k |
| GABELLI FUNDS LLC 1.14% of their portfolio | 615.3k $149.0m | Reduced -17.9k |
| SEI INVESTMENTS CO 0.19% of their portfolio | 602.2k $145.8m | Reduced -51.8k |
| AXA S.A. 0.48% of their portfolio | 601.6k $145.7m | Added +75.3k |
| Ensign Peak Advisors, Inc 0.28% of their portfolio | 599.0k $145.1m | Added +13.2k |
| TWO SIGMA ADVISERS, LP 0.32% of their portfolio | 588.4k $142.5m | Added +12.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.10% of their portfolio | 563.3k $136.4m | Added +4.1k |
| CITADEL ADVISORS LLC 0.13% of their portfolio | 556.4k $134.7m | Reduced -246.7k |
| BANK OF MONTREAL /CAN/ 0.07% of their portfolio | 556.3k $134.7m | Added +161.1k |
| M&G PLC 0.63% of their portfolio | 546.7k $132.3m | Reduced -59.1k |
| BARCLAYS PLC 0.06% of their portfolio | 525.0k $127.1m | Added +30.2k |
| TWO SIGMA INVESTMENTS, LP 0.28% of their portfolio | 524.7k $127.1m | Added +93.8k |
| Allianz Asset Management GmbH 0.19% of their portfolio | 521.7k $126.3m | Reduced -34.0k |
| GAMCO INVESTORS, INC. ET AL 1.36% of their portfolio | 511.0k $123.7m | Reduced -21.2k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 496.8k $120.0m | Reduced -82.6k |
| STOREBRAND ASSET MANAGEMENT AS 0.38% of their portfolio | 485.3k $117.5m | Reduced -6.0k |
| BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio | 479.2k $116.0m | First filing |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.09% of their portfolio | 473.5k $114.7m | Added +91.7k |
| Bank Julius Baer & Co. Ltd, Zurich 0.37% of their portfolio | 472.2k $114.1m | Added +28.2k |
| Holocene Advisors, LP 0.33% of their portfolio | 467.6k $113.2m | Added +166.3k |
| Alyeska Investment Group, L.P. 0.45% of their portfolio | 461.0k $111.6m | Reduced -123.3k |
| KEYBANK NATIONAL ASSOCIATION/OH 0.44% of their portfolio | 458.1k $110.9m | Reduced -8.8k |
| LPL Financial LLC 0.04% of their portfolio | 455.7k $110.4m | Added +97.4k |
| RHUMBLINE ADVISERS 0.10% of their portfolio | 447.6k $108.4m | Added +7.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.11% of their portfolio | 446.8k $106.6m | Added +54.0k |
| NISSAY ASSET MANAGEMENT CORP /JAPAN 0.68% of their portfolio | 429.7k $104.1m | Reduced -15.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.28% of their portfolio | 404.9k $98.0m | Reduced -37.9k |
| PARNASSUS INVESTMENTS, LLC 0.23% of their portfolio | 403.6k $97.7m | Reduced -26.8k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.36% of their portfolio | 398.7k $96.6m | Reduced -144.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.26% of their portfolio | 396.8k $96.1m | Reduced -146.4k |
| NEUBERGER BERMAN GROUP LLC 0.08% of their portfolio | 395.1k $95.7m | Added +17.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.09% of their portfolio | 383.2k $92.8m | Added +47.8k |
| TOCQUEVILLE ASSET MANAGEMENT L.P. 1.51% of their portfolio | 381.1k $92.3m | Reduced -2.5k |
| GENERAL AMERICAN INVESTORS CO INC 6.85% of their portfolio | 380.6k $92.2m | Reduced -15.0k |
| NATIONAL BANK OF CANADA /FI/ 0.11% of their portfolio | 379.4k $91.9m | Added +147.2k |
| DAVENPORT & Co LLC 0.54% of their portfolio | 378.0k $91.2m | Added +1.3k |
| MACKENZIE FINANCIAL CORP 0.13% of their portfolio | 375.1k $90.8m | Reduced -520.9k |
| Robeco Institutional Asset Management B.V. 0.17% of their portfolio | 369.2k $89.4m | Reduced -33.1k |
| CITIGROUP INC 0.07% of their portfolio | 361.3k $87.5m | Added +201.6k |
| National Pension Service 0.08% of their portfolio | 353.6k $85.6m | Added +23.8k |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 348.9k $84.5m | Added +246.4k |
| Corient Private Wealth LP 0.14% of their portfolio | 346.7k $84.0m | Reduced -4.3k |
| RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio | 345.2k $83.6m | Added +40.8k |
| GUYASUTA INVESTMENT ADVISORS INC 5.33% of their portfolio | 336.9k $81.6m | Reduced -4.5k |
| LONDON CO OF VIRGINIA 0.46% of their portfolio | 335.6k $81.3m | Reduced -4.4k |
| EULAV Asset Management 2.00% of their portfolio | 333.6k $80.8m | Reduced -56.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.11% of their portfolio | 306.9k $74.3m | Reduced -130.8k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.13% of their portfolio | 285.0k $69.0m | Reduced -2.3k |
| Fenimore Asset Management Inc 1.45% of their portfolio | 282.6k $68.4m | Added +391 |
| APG Asset Management N.V. 0.19% of their portfolio | 280.3k $62.8m | Reduced -29.1k |
| J. Safra Sarasin Holding AG 1.19% of their portfolio | 272.3k $65.9m | Added +133.9k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 269.3k $65.2m | Added +19.4k |
| BENJAMIN EDWARDS INC 0.90% of their portfolio | 267.4k $64.8m | Added +39.7k |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. 0.64% of their portfolio | 263.9k $63.9m | New |