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Waste Management

938 hedge funds and large institutions have $23.7B invested in Waste Management in 2016 Q4 according to their latest regulatory filings, with 128 funds opening new positions, 309 increasing their positions, 359 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

151% more first-time investments, than exits

New positions opened: 128 | Existing positions closed: 51

92% more funds holding in top 10

Funds holding in top 10: 1325 (+12)

14% more capital invested

Capital invested by funds: $20.8B → $23.7B (+$2.91B)

7% more funds holding

Funds holding: 875938 (+63)

0.62% more ownership

Funds ownership: 74.94%75.56% (+0.62%)

14% less repeat investments, than reductions

Existing positions increased: 309 | Existing positions reduced: 359

23% less call options, than puts

Call options by funds: $115M | Put options by funds: $149M

Holders
938
Holders Change
+63
Holders Change %
+7.2%
% of All Funds
23.45%
Holding in Top 10
25
Holding in Top 10 Change
+12
Holding in Top 10 Change %
+92.31%
% of All Funds
0.63%
New
128
Increased
309
Reduced
359
Closed
51
Calls
$115M
Puts
$149M
Net Calls
-$34M
Net Calls Change
-$47M
Name Holding Trade Value Shares
Change
Change in
Stake
New York State Common Retirement Fund
51
New York State Common Retirement Fund
New York
$84.7M +$722K +10,800 +0.9%
Royal Bank of Canada
52
Royal Bank of Canada
Ontario, Canada
$84.5M -$11.7M -175,625 -13%
Fidelity Investments
53
Fidelity Investments
Massachusetts
$82.7M +$63.9M +954,745 +450%
GI
54
GAMCO Investors
Connecticut
$82M -$2.99M -44,720 -4%
APG Asset Management
55
APG Asset Management
Netherlands
$81.9M -$1.63M -24,400 -2%
PPA
56
Parametric Portfolio Associates
Washington
$80.3M +$967K +14,454 +1%
RFC
57
Regions Financial Corp
Alabama
$80.2M -$958K -14,324 -1%
BlackRock
58
BlackRock
New York
$78.9M +$7.44M +111,262 +11%
AAMU
59
Amundi Asset Management US
Massachusetts
$78.1M +$73.7M +1,101,815 New
LSV Asset Management
60
LSV Asset Management
Illinois
$77.7M +$14.6M +218,200 +25%
Caisse de Depot et Placement du Quebec (CDPQ)
61
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$76.3M -$220M -3,283,200 -75%
Teacher Retirement System of Texas
62
Teacher Retirement System of Texas
Texas
$76.1M +$9.37M +140,105 +15%
Mitsubishi UFJ Trust & Banking
63
Mitsubishi UFJ Trust & Banking
Japan
$74.7M -$3.59M -53,611 -5%
Allianz Asset Management
64
Allianz Asset Management
Germany
$73.4M +$20.2M +302,096 +41%
Korea Investment Corp
65
Korea Investment Corp
South Korea
$71.6M +$5.53M +82,722 +9%
GF
66
Gabelli Funds
New York
$70.7M -$535K -8,000 -0.8%
Bank of Montreal
67
Bank of Montreal
Ontario, Canada
$69.5M +$3.65M +54,504 +6%
RCAMU
68
Rothschild & Co Asset Management US
Connecticut
$69M +$17.4M +259,837 +36%
CS
69
Credit Suisse
Switzerland
$68.7M -$5.31M -79,406 -8%
Bessemer Group
70
Bessemer Group
New Jersey
$66.7M +$237K +3,537 +0.4%
California State Teachers Retirement System (CalSTRS)
71
California State Teachers Retirement System (CalSTRS)
California
$65.8M -$1.65M -24,600 -3%
BIM
72
BlackRock Investment Management
Delaware
$64.6M +$3.22M +48,203 +6%
AllianceBernstein
73
AllianceBernstein
Tennessee
$64.2M -$12.9M -193,010 -18%
UBS Group
74
UBS Group
Switzerland
$63.2M +$1.75M +26,115 +3%
PI
75
PGGM Investments
Netherlands
$62.6M -$555K -8,299 -0.9%

WM Hedge Fund Activity: Q4 2016 in Review

938 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Waste Management (WM) for Q4 2016, worth a combined $23.7B — up 14% from $20.8B a quarter earlier.

Buyers outnumbered sellers: 128 funds opened new WM positions and 51 closed out — a net gain of 77 holders — while 309 added to existing stakes and 359 trimmed.

The largest buyer was Wells Fargo, adding an estimated $174M. The largest seller was Caisse de Depot et Placement du Quebec (CDPQ), cutting an estimated $220M.

  • 938 institutional investors held Waste Management (WM) as of Q4 2016, up from 875 in Q3 2016.
  • Funds reported $23.7B of Waste Management stock for Q4 2016, up 14% quarter-over-quarter.
  • 128 funds opened new Waste Management positions in Q4 2016 and 51 closed out, a net change of +77 holders.
  • The largest Waste Management buyer in Q4 2016 was Wells Fargo, an estimated $174M added.
  • The largest Waste Management seller in Q4 2016 was Caisse de Depot et Placement du Quebec (CDPQ), an estimated $220M sold.

Based on aggregated 13F filings for Q4 2016.