Waste Management
1,971 hedge funds and large institutions have $69.1B invested in Waste Management in 2024 Q1 according to their latest regulatory filings, with 219 funds opening new positions, 676 increasing their positions, 777 reducing their positions, and 89 closing their positions.
146% more first-time investments, than exits
New positions opened: 219 | Existing positions closed: 89
46% more funds holding in top 10
Funds holding in top 10: 37 → 54 (+17)
16% more capital invested
Capital invested by funds: $59.6B → $69.1B (+$9.48B)
6% more funds holding
Funds holding: 1,868 → 1,971 (+103)
4% less call options, than puts
Call options by funds: $404M | Put options by funds: $420M
1.72% less ownership
Funds ownership: 82.7% → 80.98% (-1.7%)
13% less repeat investments, than reductions
Existing positions increased: 676 | Existing positions reduced: 777
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
+$352M |
| 2 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
+$277M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$256M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$221M |
| 5 |
JP Morgan Chase
New York
|
+$177M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.44B |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$172M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$161M |
| 4 |
AT
AMF Tjänstepension
Stockholm,
Sweden
|
-$142M |
| 5 |
Swedbank
Stockholm,
Sweden
|
-$138M |
WM Hedge Fund Activity: Q1 2024 in Review
1,971 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Waste Management (WM) for Q1 2024, worth a combined $69.1B — up 16% from $59.6B a quarter earlier.
Buyers outnumbered sellers: 219 funds opened new WM positions and 89 closed out — a net gain of 130 holders — while 676 added to existing stakes and 777 trimmed.
The largest buyer was Banque Pictet & Cie, adding an estimated $352M. The largest seller was Morgan Stanley, cutting an estimated $1.44B.
- 1,971 institutional investors held Waste Management (WM) as of Q1 2024, up from 1,868 in Q4 2023.
- Funds reported $69.1B of Waste Management stock for Q1 2024, up 16% quarter-over-quarter.
- 219 funds opened new Waste Management positions in Q1 2024 and 89 closed out, a net change of +130 holders.
- The largest Waste Management buyer in Q1 2024 was Banque Pictet & Cie, an estimated $352M added.
- The largest Waste Management seller in Q1 2024 was Morgan Stanley, an estimated $1.44B sold.
Based on aggregated 13F filings for Q1 2024.