What smart money is saying about Casella Waste Systems, Inc.
2 funds in our archive have pitched Casella Waste Systems, Inc. — most recently Alger Weatherbie Specialized Growth Fund in March 2026.
Casella Waste Systems, Inc., along with its subsidiaries, operates as a vertically integrated solid waste management firm across the northeastern United States. The company specializes in comprehensive waste and resource management solutions, encompassing solid waste collection, transfer, disposal, recycling, and organic waste services. These offerings cater to a diverse clientele, including residential, commercial, municipal, institutional, and industrial customers. Its operations specifically address non-hazardous solid waste, from initial collection through its extensive network of transfer stations to final disposal facilities. Casella also markets a variety of processed recyclables, such as metals (including aluminum), plastics, and paper products like corrugated cardboard, sourced from both its own processing centers and third-party acquisitions. Furthermore, the company engages in commodity brokerage. As of January 31, 2022, its significant infrastructure included 50 solid waste collection operations, 65 transfer stations, 23 recycling facilities, 8 Subtitle D landfills, 3 landfill gas-to-energy facilities, and 1 landfill dedicated to construction and demolition materials. Casella Waste Systems, Inc. was founded in 1975 and is headquartered in Rutland, Vermont.
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Position history
Between Q4 2025 and Q2 2026, 4 fund letters reported a position in Casella Waste Systems, Inc. — 2 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 3 | 2 | 0 | 0 |
| Q1 2026 | 1 | 0 | 0 | 1 |
| Q4 2025 | 0 | 0 | 0 | 1 |
Fund activity · 4 positions · 2 moves
- New positionBaron Small Cap FundJune 2026
“We acquired shares of Casella Waste Systems, Inc. , a well-entrenched market leader with high barriers to entry in an industry we understand well (after more than a decade owning Waste Connections, Inc. ) at what we believe is an attractive entry point.”
Casella Waste Systems, Inc. - New positionBaron Small Cap StrategyJune 2026
“We acquired shares of Casella Waste Systems, Inc., a well- entrenched market leader with high barriers to entry in an industry we understand well (after more than a decade owning Waste Connections, Inc.) at what we believe is an attractive entry point.”
Casella Waste Systems, Inc. “Top Ten Holdings Security Life Cycle Category Percent of Portfolio Silicon Motion Technology Corp. Special Situation 3.6% Porch Group Inc. Pioneer 3.5% Digital Turbine, Inc. Special Situation 2.3% Casella Waste Systems, Inc. Core Growth 2.0%”
Casella Waste Systems, Inc.- March 2026
“• Casella Waste Systems is a vertically integrated solid waste services company operating primarily in the Northeastern United States, providing collection, transfer, disposal, and recycling services across residential, commercial, and industrial markets. We believe the company has a commanding position as a regional consolidator in an industry characterized by high barriers to entry, recurring revenue, and favorable pricing dynamics, with a long runway to acquire smaller operators and expand its geographic footprint. During the quarter, shares detracted from performance despite the company delivering solid results that extended its track record of double-digit growth in revenue, earnings, and free cash flow to a fifth consecutive year.”
Casella Waste Systems, Inc.
Also mentioned · 1
These funds discuss Casella Waste Systems, Inc. — as a competitor, benchmark or comparable — without disclosing a position in it.
- March 2026
“Casella Waste Systems Inc. operates as a vertically integrated solid waste services company.”
Casella Waste Systems, Inc.
Fund coverage · 2 theses
- Alger Weatherbie Specialized Growth FundMarch 2026
Casella Waste Systems, Inc. is a regional waste consolidator with recurring revenue, high barriers to entry, and a long growth runway.
Read the full thesis - Baron Discovery FundDecember 2025
Casella Waste Systems, Inc. is a pricing-powerful, acquisitive regional waste leader with improving margins and potential scarcity value upside.
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