Waste Management
1,975 hedge funds and large institutions have $69.3B invested in Waste Management in 2024 Q1 according to their latest regulatory filings, with 218 funds opening new positions, 680 increasing their positions, 777 reducing their positions, and 87 closing their positions.
151% more first-time investments, than exits
New positions opened: 218 | Existing positions closed: 87
46% more funds holding in top 10
Funds holding in top 10: 37 → 54 (+17)
6% more funds holding
Funds holding: 1,871 → 1,975 (+104)
0.18% less ownership
Funds ownership: 81.27% → 81.1% (-0.18%)
4% less call options, than puts
Call options by funds: $405M | Put options by funds: $420M
5% less capital inflows, than outflows
Capital inflows: $3.05B | Capital outflows: $3.21B
12% less repeat investments, than reductions
Existing positions increased: 680 | Existing positions reduced: 777
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Banque Pictet & Cie
Geneva 73,
Switzerland
|
+$352M |
| 2 |
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 |
Neuberger Berman Group
New York
|
-$324M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$172M |
| 3 |
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$161M |
| 4 |
AMF Tjänstepension
Stockholm,
Sweden
|
-$142M |
| 5 |
Pictet Asset Management
Carouge,
Switzerland
|
-$99M |
WM Hedge Fund Activity: Q1 2024 in Review
1,975 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Waste Management (WM) for Q1 2024, worth a combined $69.3B — up 18% from $58.6B a quarter earlier.
Buyers outnumbered sellers: 218 funds opened new WM positions and 87 closed out — a net gain of 131 holders — while 680 added to existing stakes and 777 trimmed.
The largest buyer was Banque Pictet & Cie, adding an estimated $352M. The largest seller was Neuberger Berman Group, cutting an estimated $324M.
- 1,975 institutional investors held Waste Management (WM) as of Q1 2024, up from 1,871 in Q4 2023.
- Funds reported $69.3B of Waste Management stock for Q1 2024, up 18% quarter-over-quarter.
- 218 funds opened new Waste Management positions in Q1 2024 and 87 closed out, a net change of +131 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 Neuberger Berman Group, an estimated $324M sold.
Based on aggregated 13F filings for Q1 2024.