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Waste Management

2,229 hedge funds and large institutions have $74.6B invested in Waste Management in 2025 Q2 according to their latest regulatory filings, with 160 funds opening new positions, 925 increasing their positions, 780 reducing their positions, and 108 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more first-time investments, than exits

New positions opened: 160 | Existing positions closed: 108

22% more call options, than puts

Call options by funds: $519M | Put options by funds: $424M

19% more repeat investments, than reductions

Existing positions increased: 925 | Existing positions reduced: 780

1% more funds holding

Funds holding: 2,2022,229 (+27)

0.09% less ownership

Funds ownership: 81.22%81.12% (-0.09%)

1% less capital invested

Capital invested by funds: $75.6B → $74.6B (-$1.04B)

28% less funds holding in top 10

Funds holding in top 10: 6446 (-18)

Holders
2,229
Holders Change
+27
Holders Change %
+1.23%
% of All Funds
29.34%
Holding in Top 10
46
Holding in Top 10 Change
-18
Holding in Top 10 Change %
-28.13%
% of All Funds
0.61%
New
160
Increased
925
Reduced
780
Closed
108
Calls
$519M
Puts
$424M
Net Calls
+$94.9M
Net Calls Change
-$61.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Life
101
Canada Life
Manitoba, Canada
$94.5M +$2.94M +12,669 +3%
Nomura Asset Management
102
Nomura Asset Management
Japan
$93.7M -$20.8M -89,661 -18%
Citadel Advisors
103
Citadel Advisors
Florida
$93.1M +$74.9M +322,963 +385%
Vontobel Holding
104
Vontobel Holding
Switzerland
$92.7M +$22.1M +95,400 +31%
William Blair & Company
105
William Blair & Company
Illinois
$92.4M +$23.2M +99,943 +33%
AllianceBernstein
106
AllianceBernstein
Tennessee
$91.5M -$272M -1,173,075 -75%
GC
107
Guggenheim Capital
Illinois
$89.9M -$746K -3,215 -0.8%
RG
108
Rathbones Group
United Kingdom
$89.3M +$199K +859 +0.2%
Lord, Abbett & Co
109
Lord, Abbett & Co
New Jersey
$87.8M -$13.5M -58,322 -13%
APG Asset Management
110
APG Asset Management
Netherlands
$87.2M +$872K +3,757 +0.8%
AQR Capital Management
111
AQR Capital Management
Connecticut
$85.3M -$11.5M -49,466 -12%
Manulife (Manufacturers Life Insurance)
112
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$83.8M +$34.5M +148,590 +68%
State Board of Administration of Florida Retirement System
113
State Board of Administration of Florida Retirement System
Florida
$83.8M -$3.36M -14,501 -4%
Ninety One (UK)
114
Ninety One (UK)
United Kingdom
$81.4M -$53.8M -232,084 -39%
Millennium Management
115
Millennium Management
New York
$81.2M +$76.3M +328,760 +1,270%
RS
116
Robeco Schweiz
Switzerland
$80.2M -$2.25M -9,700 -3%
Citigroup
117
Citigroup
New York
$80.2M -$21.8M -93,898 -21%
Alyeska Investment Group
118
Alyeska Investment Group
Illinois
$79.8M -$84.5M -364,205 -51%
KBC Group
119
KBC Group
Belgium
$79.5M -$749K -3,229 -0.9%
Universal-Beteiligungs- und Servicegesellschaft
120
Universal-Beteiligungs- und Servicegesellschaft
Germany
$77.6M -$976K -4,207 -1%
DB
121
Danske Bank
Denmark
$76M -$301K -1,297 -0.4%
Massachusetts Financial Services
122
Massachusetts Financial Services
Massachusetts
$75.8M -$2.95M -12,703 -4%
HTC
123
Haverford Trust Company
Pennsylvania
$75.6M +$69.8M +300,688 +1,014%
Zurich Cantonal Bank
124
Zurich Cantonal Bank
Switzerland
$73.4M -$32.3M -139,233 -30%
KCM
125
Kornitzer Capital Management
Kansas
$72.5M -$2.14M -9,244 -3%

WM Hedge Fund Activity: Q2 2025 in Review

2,229 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Waste Management (WM) for Q2 2025, worth a combined $74.6B — down 1.4% from $75.6B a quarter earlier.

Buyers outnumbered sellers: 160 funds opened new WM positions and 108 closed out — a net gain of 52 holders — while 925 added to existing stakes and 780 trimmed.

The largest buyer was Morgan Stanley Institutional Investment Advisors, opening a new position worth an estimated $373M. The largest seller was AllianceBernstein, cutting an estimated $272M.

  • 2,229 institutional investors held Waste Management (WM) as of Q2 2025, up from 2,202 in Q1 2025.
  • Funds reported $74.6B of Waste Management stock for Q2 2025, down 1.4% quarter-over-quarter.
  • 160 funds opened new Waste Management positions in Q2 2025 and 108 closed out, a net change of +52 holders.
  • The largest Waste Management buyer in Q2 2025 was Morgan Stanley Institutional Investment Advisors, an estimated $373M added.
  • The largest Waste Management seller in Q2 2025 was AllianceBernstein, an estimated $272M sold.

Based on aggregated 13F filings for Q2 2025.