Waste Management
1,871 hedge funds and large institutions have $58.6B invested in Waste Management in 2023 Q4 according to their latest regulatory filings, with 235 funds opening new positions, 630 increasing their positions, 714 reducing their positions, and 86 closing their positions.
173% more first-time investments, than exits
New positions opened: 235 | Existing positions closed: 86
71% more call options, than puts
Call options by funds: $418M | Put options by funds: $244M
36% more capital inflows, than outflows
Capital inflows: $2.51B | Capital outflows: $1.84B
32% more funds holding in top 10
Funds holding in top 10: 28 → 37 (+9)
7% more funds holding
Funds holding: 1,746 → 1,871 (+125)
1.23% more ownership
Funds ownership: 80.04% → 81.27% (+1.2%)
12% less repeat investments, than reductions
Existing positions increased: 630 | Existing positions reduced: 714
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
+$314M |
| 2 |
Mirova US
Boston,
Massachusetts
|
+$153M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$142M |
| 4 |
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
1,871 of the 6,876 institutional investors tracked by Wall St. Rank reported a position in Waste Management (WM) for Q4 2023, worth a combined $58.6B — up 18% from $49.6B a quarter earlier.
Buyers outnumbered sellers: 235 funds opened new WM positions and 86 closed out — a net gain of 149 holders — while 630 added to existing stakes and 714 trimmed.
The largest buyer was Neuberger Berman Group, adding an estimated $314M. The largest seller was Capital Research Global Investors, cutting an estimated $170M.
- 1,871 institutional investors held Waste Management (WM) as of Q4 2023, up from 1,746 in Q3 2023.
- Funds reported $58.6B of Waste Management stock for Q4 2023, up 18% quarter-over-quarter.
- 235 funds opened new Waste Management positions in Q4 2023 and 86 closed out, a net change of +149 holders.
- The largest Waste Management buyer in Q4 2023 was Neuberger Berman Group, an estimated $314M 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.