Waste Management
875 hedge funds and large institutions have $20.8B invested in Waste Management in 2016 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 350 increasing their positions, 316 reducing their positions, and 55 closing their positions.
16% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 55
13% more call options, than puts
Call options by funds: $116M | Put options by funds: $103M
11% more repeat investments, than reductions
Existing positions increased: 350 | Existing positions reduced: 316
0% less funds holding
Funds holding: 877 → 875 (-2)
3.53% less ownership
Funds ownership: 78.47% → 74.94% (-3.5%)
10% less capital invested
Capital invested by funds: $23.1B → $20.8B (-$2.3B)
52% less funds holding in top 10
Funds holding in top 10: 27 → 13 (-14)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VOYA Investment Management
Atlanta,
Georgia
|
+$172M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$108M |
| 3 |
Millennium Management
New York
|
+$87.9M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$78.1M |
| 5 |
Two Sigma Investments
New York
|
+$61.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$756M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$637M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$280M |
| 4 |
Capital World Investors
Los Angeles,
California
|
-$274M |
| 5 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$82.9M |
WM Hedge Fund Activity: Q3 2016 in Review
875 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Waste Management (WM) for Q3 2016, worth a combined $20.8B — down 10% from $23.1B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new WM positions and 55 closed out — a net gain of 9 holders — while 350 added to existing stakes and 316 trimmed.
The largest buyer was VOYA Investment Management, adding an estimated $172M. The largest seller was Macquarie Group, cutting an estimated $756M.
- 875 institutional investors held Waste Management (WM) as of Q3 2016, down from 877 in Q2 2016.
- Funds reported $20.8B of Waste Management stock for Q3 2016, down 10% quarter-over-quarter.
- 64 funds opened new Waste Management positions in Q3 2016 and 55 closed out, a net change of +9 holders.
- The largest Waste Management buyer in Q3 2016 was VOYA Investment Management, an estimated $172M added.
- The largest Waste Management seller in Q3 2016 was Macquarie Group, an estimated $756M sold.
Based on aggregated 13F filings for Q3 2016.