Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in GFL held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BC Partners PE LP | 29.9M | $1.19B | 0.0% | 8.643% | 20.05% |
| 2 | FMR LLC | 25.5M | $1.06B | -4.0% | 7.357% | 0.06% |
| 3 | Capital Research Global Investors | 23.2M | $965.9M | +5.9% | 6.689% | 0.15% |
| 4 | ONTARIO TEACHERS PENSION PLAN BOARD | 22.5M | $936.7M | 0.0% | 6.487% | 27.25% |
| 5 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 10.9M | $479.8M | -2.3% | 3.163% | 0.16% |
| 6 | ROYAL BANK OF CANADA | 8.4M | $348.9M | -12.4% | 2.416% | 0.06% |
| 7 | NORDEA INVESTMENT MANAGEMENT AB | 8.3M | $336.9M | +23.8% | 2.388% | 0.31% |
| 8 | VANGUARD CAPITAL MANAGEMENT LLC | 7.3M | $306.3M | — | 2.121% | 0.01% |
| 9 | Pictet Asset Management Holding SA | 6.2M | $256.7M | -27.7% | 1.778% | 0.27% |
| 10 | CIBC Asset Management Inc | 6.1M | $255.5M | +20.3% | 1.772% | 0.62% |
| 11 | FRED ALGER MANAGEMENT, LLC | 6.0M | $251.1M | +19.8% | 1.739% | 1.10% |
| 12 | MILLENNIUM MANAGEMENT LLC | 4.5M | $189.2M | +78.6% | 1.310% | 0.13% |
| 13 | MAVERICK CAPITAL LTD | 3.8M | $160.6M | -23.4% | 1.112% | 1.85% |
| 14 | DEUTSCHE BANK AG\ | 3.7M | $155.4M | -3.8% | 1.077% | 0.05% |
| 15 | MORGAN STANLEY | 2.8M | $115.5M | +1.3% | 0.800% | 0.01% |
| 16 | WELLINGTON MANAGEMENT GROUP LLP | 2.7M | $111.0M | -0.3% | 0.769% | 0.02% |
| 17 | BlackRock, Inc. | 2.6M | $108.1M | +15.7% | 0.749% | 0.00% |
| 18 | VANGUARD FIDUCIARY TRUST CO | 2.3M | $97.3M | — | 0.674% | 0.02% |
| 19 | GEODE CAPITAL MANAGEMENT, LLC | 2.3M | $94.9M | +2.7% | 0.660% | 0.01% |
| 20 | MARSHALL WACE, LLP | 2.2M | $90.0M | +84.3% | 0.623% | 0.10% |
| 21 | Progeny 3, Inc. | 1.9M | $80.8M | -5.1% | 0.560% | 4.32% |
| 22 | BALYASNY ASSET MANAGEMENT LLC | 1.8M | $77.1M | +64.5% | 0.534% | 0.26% |
| 23 | BANK OF AMERICA CORP /DE/ | 1.8M | $77.1M | +43.8% | 0.534% | 0.01% |
| 24 | BROWN BROTHERS HARRIMAN & CO | 1.7M | $72.1M | -4.2% | 0.500% | 0.39% |
| 25 | BANK OF MONTREAL /CAN/ | 1.6M | $65.1M | -14.9% | 0.451% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in GFL — a direct measure of their conviction.
Filings activity in GFL during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 316 | 0.6% | 79.80% | 3.03 pp | $9.93B | 3.7% |
| Q4 2025 | 318 | +8.5% | 82.83% | 3.60 pp | $10.31B | 4.2% |
| Q3 2025 | 293 | 3.6% | 86.43% | 11.51 pp | $10.76B | 12% |
| Q2 2025 | 304 | 1.9% | 97.94% | +3.09 pp | $12.19B | +3.3% |
| Q1 2025 | 310 | +13% | 94.85% | +6.53 pp | $11.81B | +7.4% |
| Q4 2024 | 274 | +4.6% | 88.32% | +9.89 pp | $11.00B | +13% |
| Q3 2024 | 262 | +6.1% | 78.43% | 5.22 pp | $9.76B | 6.2% |
| Q2 2024 | 247 | — | 83.65% | — | $10.41B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying GFL stock.
Based on Q1 2026 13F filings, institutional ownership of GFL Environmental Inc. stands at 79.8%, held across 316 reporting institutions.
BC Partners PE LP is the largest reported institutional holder of GFL, with approximately 29,912,724 shares worth $1.19B as of Q1 2026.
Yes — 1 widely-followed marquee investor appear among the top 25 institutional holders of GFL, including MILLENNIUM MANAGEMENT LLC.
Our composite Smart Money Score for GFL is 35 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
60 institutions opened new positions in GFL during Q1 2026, while 62 fully exited. 113 added to existing positions and 140 trimmed.
GFL institutional ownership fell by 3.03 percentage points quarter-over-quarter, with a net change of -2 holders.
The top 10 institutions account for 61.8% of all reported 13F value in GFL, and the top 25 account for 79.4%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
GFL Environmental Inc. (GFL) Institutional Ownership