GFL Environmental Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:36E Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
17 Sep 24	Sell€360,713	Edward Glavina	Individual	10,000	€36.07
16 Sep 24	Sell€240,786	Mindy Gilbert	Individual	6,698	€35.95
13 Sep 24	Sell€1,044,037	Luke Pelosi	Individual	28,862	€36.17
12 Sep 24	Sell€182,593	Edward Glavina	Individual	5,026	€36.33
11 Sep 24	Sell€283,287	Mindy Gilbert	Individual	7,733	€36.63
11 Sep 24	Sell€266,070	Greg Yorston	Individual	7,248	€36.71
11 Sep 24	Sell€271,968	Elizabeth Grahek	Individual	7,424	€36.63
06 Sep 24	Sell€21,371,995	Patrick Dovigi	Individual	600,000	€35.62
06 Sep 24	Sell€2,058,047	Luke Pelosi	Individual	56,131	€37.51
12 Aug 24	Sell€321,921	Patrick Dovigi	Individual	8,820	€36.50
09 Aug 24	Sell€21,482,354	Patrick Dovigi	Individual	591,180	€36.38
22 Mar 24	Sell€313,862	Mindy Gilbert	Individual	9,645	€32.54
22 Mar 24	Sell€899,899	Luke Pelosi	Individual	27,654	€32.54
22 Mar 24	Sell€301,301	Elizabeth Grahek	Individual	9,259	€32.54
05 Mar 24	Sell€18,500,671	Lonnie Poole	Individual	583,601	€31.70

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 36E?
Owner Type	Number of Shares	Ownership Percentage
General Public	11,485,277	2.92%
Sovereign Wealth Funds	21,777,396	5.54%
Individual Insiders	22,822,447	5.8%
VC/PE Firms	90,367,940	23%
Institutions	246,930,359	62.8%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.3%.

Top Shareholders

Top 25 shareholders own 81.46% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
23%	BC Partners LLP	90,367,940	€3.9b	0%	100.0%
8.99%	Ontario Teachers' Pension Plan Board	35,357,367	€1.5b	0%	11.89%
6.16%	Capital Research and Management Company	24,222,166	€1.1b	7.98%	0.05%
5.54%	GIC Private Limited	21,777,396	€944.2m	-9.92%	1.97%
5.5%	FMR LLC	21,654,023	€938.9m	8.04%	0.06%
3.02%	Patrick Dovigi	11,891,822	€515.6m	0%	no data
3%	Massachusetts Financial Services Company	11,817,626	€512.4m	2.23%	0.11%
2.88%	Pictet Asset Management Limited	11,343,514	€491.8m	2.41%	0.44%
2.69%	Pictet Asset Management SA	10,601,270	€459.6m	0%	0.88%
2.6%	Fred Alger Management, LLC	10,221,130	€443.2m	64.3%	1.94%
2.5%	Lonnie Poole	9,816,399	€425.6m	0%	no data
2.16%	The Vanguard Group, Inc.	8,480,084	€367.7m	1.55%	0.01%
1.8%	RBC Dominion Securities Inc., Asset Management Arm	7,086,416	€307.2m	-13.8%	0.35%
1.77%	Beutel Goodman & Company Ltd.	6,967,601	€302.1m	305%	1.42%
1.54%	Clarkston Capital Partners, LLC	6,072,850	€263.3m	-0.95%	5.16%
1.42%	Nordea Investment Management, AB	5,593,389	€242.5m	-22.8%	0.17%
0.93%	RREEF America L.L.C.	3,662,263	€158.8m	-13.5%	0.92%
0.93%	Maverick Capital, Ltd.	3,658,190	€158.6m	11.3%	2.95%
0.92%	Millennium Management LLC	3,618,719	€156.9m	-35.9%	0.13%
0.89%	Strategic Advisers LLC	3,504,634	€152.0m	3.44%	0.06%
0.8%	Soros Fund Management LLC	3,156,327	€136.8m	487%	3.76%
0.68%	First Sentier Investors (Australia) IM Ltd	2,674,642	€116.0m	64.9%	0.34%
0.64%	Norges Bank Investment Management	2,504,935	€108.6m	0%	0.01%
0.6%	BlackRock, Inc.	2,378,962	€103.1m	7.62%	no data
0.51%	CIBC Asset Management Inc.	2,005,097	€86.9m	-14%	0.18%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 05:21
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

GFL Environmental Inc. is covered by 26 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Christopher Murray	ATB Capital Markets
Moses Sutton	Barclays
Moses Sutton	Barclays