Waste Management
2,323 hedge funds and large institutions have $72.1B invested in Waste Management in 2025 Q4 according to their latest regulatory filings, with 299 funds opening new positions, 897 increasing their positions, 789 reducing their positions, and 117 closing their positions.
156% more first-time investments, than exits
New positions opened: 299 | Existing positions closed: 117
31% more call options, than puts
Call options by funds: $375M | Put options by funds: $287M
14% more repeat investments, than reductions
Existing positions increased: 897 | Existing positions reduced: 789
7% more funds holding
Funds holding: 2,180 → 2,323 (+143)
1.79% more ownership
Funds ownership: 79.69% → 81.48% (+1.8%)
2% more capital invested
Capital invested by funds: $70.8B → $72.1B (+$1.29B)
0% more funds holding in top 10
Funds holding in top 10: 31 → 31 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$244M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$235M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$216M |
| 4 |
Vontobel Holding
Zurich,
Switzerland
|
+$125M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$118M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lazard Asset Management
New York
|
-$257M |
| 2 |
Morgan Stanley
New York
|
-$203M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$184M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$129M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$118M |
WM Hedge Fund Activity: Q4 2025 in Review
2,323 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in Waste Management (WM) for Q4 2025, worth a combined $72.1B — up 1.8% from $70.8B a quarter earlier.
Buyers outnumbered sellers: 299 funds opened new WM positions and 117 closed out — a net gain of 182 holders — while 897 added to existing stakes and 789 trimmed.
The largest buyer was SG Americas Securities, adding an estimated $244M. The largest seller was Lazard Asset Management, cutting an estimated $257M.
- 2,323 institutional investors held Waste Management (WM) as of Q4 2025, up from 2,180 in Q3 2025.
- Funds reported $72.1B of Waste Management stock for Q4 2025, up 1.8% quarter-over-quarter.
- 299 funds opened new Waste Management positions in Q4 2025 and 117 closed out, a net change of +182 holders.
- The largest Waste Management buyer in Q4 2025 was SG Americas Securities, an estimated $244M added.
- The largest Waste Management seller in Q4 2025 was Lazard Asset Management, an estimated $257M sold.
Based on aggregated 13F filings for Q4 2025.