Waste Management
1,869 hedge funds and large institutions have $59.6B invested in Waste Management in 2023 Q4 according to their latest regulatory filings, with 234 funds opening new positions, 630 increasing their positions, 713 reducing their positions, and 85 closing their positions.
175% more first-time investments, than exits
New positions opened: 234 | Existing positions closed: 85
72% more call options, than puts
Call options by funds: $418M | Put options by funds: $243M
32% more funds holding in top 10
Funds holding in top 10: 28 → 37 (+9)
20% more capital invested
Capital invested by funds: $49.6B → $59.6B (+$10.1B)
7% more funds holding
Funds holding: 1,744 → 1,869 (+125)
2.69% more ownership
Funds ownership: 80.02% → 82.7% (+2.7%)
12% less repeat investments, than reductions
Existing positions increased: 630 | Existing positions reduced: 713
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.27B |
| 2 |
MU
Mirova US
Boston,
Massachusetts
|
+$153M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$142M |
| 4 |
SAM
Storebrand Asset Management
Lysaker,
Norway
|
+$132M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$98.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$170M |
| 2 |
Aberdeen Group
Edinburgh,
United Kingdom
|
-$133M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$108M |
| 4 |
Ensign Peak Advisors
Salt Lake City,
Utah
|
-$80.1M |
| 5 |
Lazard Asset Management
New York
|
-$71.3M |
WM Hedge Fund Activity: Q4 2023 in Review
1,869 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Waste Management (WM) for Q4 2023, worth a combined $59.6B — up 20% from $49.6B a quarter earlier.
Buyers outnumbered sellers: 234 funds opened new WM positions and 85 closed out — a net gain of 149 holders — while 630 added to existing stakes and 713 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.27B. The largest seller was Capital Research Global Investors, cutting an estimated $170M.
- 1,869 institutional investors held Waste Management (WM) as of Q4 2023, up from 1,744 in Q3 2023.
- Funds reported $59.6B of Waste Management stock for Q4 2023, up 20% quarter-over-quarter.
- 234 funds opened new Waste Management positions in Q4 2023 and 85 closed out, a net change of +149 holders.
- The largest Waste Management buyer in Q4 2023 was Morgan Stanley, an estimated $1.27B added.
- The largest Waste Management seller in Q4 2023 was Capital Research Global Investors, an estimated $170M sold.
Based on aggregated 13F filings for Q4 2023.