Waste Management
1,773 hedge funds and large institutions have $56.5B invested in Waste Management in 2023 Q2 according to their latest regulatory filings, with 122 funds opening new positions, 638 increasing their positions, 704 reducing their positions, and 76 closing their positions.
69% more call options, than puts
Call options by funds: $451M | Put options by funds: $267M
61% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 76
27% more funds holding in top 10
Funds holding in top 10: 37 → 47 (+10)
2% more funds holding
Funds holding: 1,736 → 1,773 (+37)
0.66% less ownership
Funds ownership: 80.67% → 80.01% (-0.66%)
9% less repeat investments, than reductions
Existing positions increased: 638 | Existing positions reduced: 704
24% less capital inflows, than outflows
Capital inflows: $1.89B | Capital outflows: $2.5B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$370M |
| 2 |
AMF Tjänstepension
Stockholm,
Sweden
|
+$96.6M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$78.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$74.6M |
| 5 |
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
+$68.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$239M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$168M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$156M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$129M |
| 5 |
Millennium Management
New York
|
-$118M |
WM Hedge Fund Activity: Q2 2023 in Review
1,773 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Waste Management (WM) for Q2 2023, worth a combined $56.5B — up 5% from $53.8B a quarter earlier.
Buyers outnumbered sellers: 122 funds opened new WM positions and 76 closed out — a net gain of 46 holders — while 638 added to existing stakes and 704 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $370M. The largest seller was Bank of America, cutting an estimated $239M.
- 1,773 institutional investors held Waste Management (WM) as of Q2 2023, up from 1,736 in Q1 2023.
- Funds reported $56.5B of Waste Management stock for Q2 2023, up 5% quarter-over-quarter.
- 122 funds opened new Waste Management positions in Q2 2023 and 76 closed out, a net change of +46 holders.
- The largest Waste Management buyer in Q2 2023 was Goldman Sachs, an estimated $370M added.
- The largest Waste Management seller in Q2 2023 was Bank of America, an estimated $239M sold.
Based on aggregated 13F filings for Q2 2023.