GFL Environmental Inc.
CA ˙ TSX ˙ CA36168Q1046
49,77 CAD ↑1,53 (3,17%)
2026-06-04
CENA AKCJI
SecurityCA:GFL / GFL Environmental Inc.
InstitutionNorges Bank
Latest Disclosed Ownership3,479,778 shares
Latest Disclosed Value $ 149,465,853
Norges Bank ownership in GFL / GFL Environmental Inc.

On February 10, 2026 - Norges Bank filed a 13F-HR form disclosing ownership of 3,479,778 shares of GFL Environmental Inc. (CA:GFL) valued at $205,167,711 USD as of December 31, 2025. The entity filed a previous 13F-HR on November 13, 2025 disclosing 0 shares of GFL Environmental Inc.. The current value of the position is $173,188,551 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-02-10 2025-12-31 13F GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 3,479,778 3,479,778 149,466 0.0160
2025-11-13 2025-09-30 13F GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 0 -3,406,289 -100.00 0 -100.00
2025-08-13 2025-06-30 13F GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 3,406,289 494,081 16.97 171,945 22.22 0.0215
2026-05-11 2025-03-31 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 2,912,208 73,542 2.59 140,689 11.29 0.0197
2025-02-12 2024-12-31 13F GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 2,838,666 101,830 3.72 126,420 15.82 0.0166
2025-11-12 2024-09-30 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 2,736,836 231,901 9.26 109,148 11.91 0.0152
2024-08-14 2024-06-30 13F GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 2,504,935 46,459 1.89 97,531 14.99 0.0146
2025-05-14 2024-03-31 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 2,458,476 -17,499 -0.71 84,817 -0.73 0.0134
2024-02-09 2023-12-31 13F GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 2,475,975 -2,856,627 -53.57 85,441 -49.55 0.0149
2024-11-13 2023-09-30 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 5,332,602 174,720 3.39 169,360 -15.38 0.0344
2024-08-14 2023-06-30 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 5,157,882 -714,781 -12.17 200,137 -1.06 0.0395
2024-05-15 2023-03-31 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 5,872,663 -30,794 -0.52 202,273 17.23 0.0443
2023-02-14 2022-12-31 13F GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 5,903,457 -498,444 -7.79 172,545 6.58 0.0416
2023-11-13 2022-09-30 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 6,401,901 208,396 3.36 161,887 1.32 0.0430
2023-08-14 2022-06-30 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 6,193,505 616,463 11.05 159,781 -11.95 0.0413
2023-05-12 2022-03-31 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 5,577,042 3,401,863 156.39 181,472 120.42 0.0396
2022-03-09 2021-12-31 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 2,175,179 550,824 33.91 82,329 36.44 0.0169
2022-11-14 2021-09-30 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 1,624,355 870 0.05 60,342 16.43 0.0134
2022-08-15 2021-06-30 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 1,623,485 -566,574 -25.87 51,828 -32.28 0.0112
2022-05-09 2021-03-31 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 2,190,059 -1,266,488 -36.64 76,538 -24.12 0.0175
2021-03-02 2020-12-31 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 3,456,547 -539,319 -13.50 100,862 18.73 0.0236
2021-11-12 2020-09-30 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 3,995,866 -912,291 -18.59 84,952 -7.79 0.0226
2021-08-13 2020-06-30 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 4,908,157 -73,489 -1.48 92,126 22.88 0.0265
2021-05-07 2020-03-31 13F/A-1 GFL ENVIRONMENTAL SUB VTG SHS 36168Q104 4,981,646 4,981,646 74,974 0.0267
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.