Who owns Waste Management (WM)
Which tracked institutional funds hold WM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See WM company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
313 tracked funds added or opened WM while 519 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
WM’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.0pp gap the other way — the median holder sizes WM more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in WM divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 2254 tracked filers holding WM, 1043 increased or opened the position and 1133 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in WM between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 59
- Jupiter Topco LLC$56M
- ExodusPoint Capital Management, LP$39M
- Nykredit A/S$34M
- WORLDQUANT MILLENNIUM ADVISORS LLC$26M
- NewEdge Advisors, LLC$24M
- Generate Investment Management Ltd$17M
Full exits 127
- Amundi$686M
- SG Americas Securities, LLC$187M
- NATIXIS ADVISORS, LLC$175M
- BESSEMER GROUP INC$138M
- DekaBank Deutsche Girozentrale$129M
- LORD, ABBETT & CO. LLC$126M
Largest adds
- Capital Research Global Investors$320M
- BlackRock, Inc.$193M
- CITADEL ADVISORS LLC$114M
- JANE STREET GROUP, LLC$107M
- DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main$96M
- JPMORGAN CHASE & CO$82M
Largest trims
- GATES FOUNDATION TRUST$396M
- Pictet Asset Management Holding SA$218M
- BARCLAYS PLC$206M
- VANGUARD CAPITAL MANAGEMENT LLC$172M
- TWO SIGMA INVESTMENTS, LP$171M
- MORGAN STANLEY$159M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 30,733,944 | $6.8B | 11.5% | 2026-Q2 |
| GATES FOUNDATION TRUST trimmed | 26,720,744 | $6.0B | 10.0% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC added | 25,179,716 | $5.6B | 9.4% | 2026-Q2 |
| STATE STREET CORP added | 18,008,931 | $4.0B | 6.7% | 2026-Q2 |
| Capital Research Global Investors added | 10,438,136 | $2.3B | 3.9% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC trimmed | 10,121,428 | $2.3B | 3.8% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC trimmed | 9,068,808 | $2.0B | 3.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 7,086,113 | $1.6B | 2.6% | 2026-Q2 |
| MORGAN STANLEY trimmed | 6,584,906 | $1.5B | 2.5% | 2026-Q2 |
| PARNASSUS INVESTMENTS, LLC trimmed | 4,792,005 | $1.1B | 1.8% | 2026-Q2 |
| NORGES BANK trimmed | 4,771,642 | $1.1B | 1.8% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 4,739,983 | $1.1B | 1.8% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 4,335,084 | $966M | 1.6% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 3,759,398 | $838M | 1.4% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 3,598,308 | $802M | 1.3% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ trimmed | 3,124,403 | $696M | 1.2% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 3,121,427 | $696M | 1.2% | 2026-Q2 |
| NORDEA INVESTMENT MANAGEMENT AB trimmed | 2,957,041 | $657M | 1.1% | 2026-Q2 |
| Swedbank AB added | 2,771,422 | $618M | 1.0% | 2026-Q2 |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added | 2,753,631 | $614M | 1.0% | 2026-Q2 |
| Legal & General Group Plc added | 2,680,349 | $597M | 1.0% | 2026-Q2 |
| Clearbridge Investments, LLC trimmed | 2,433,136 | $542M | 0.9% | 2026-Q2 |
| Vontobel Holding Ltd. trimmed | 2,375,932 | $530M | 0.9% | 2026-Q2 |
| DIMENSIONAL FUND ADVISORS LP added | 2,366,960 | $528M | 0.9% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 2,348,368 | $523M | 0.9% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 2,250,680 | $503M | 0.8% | 2026-Q2 |
| DEUTSCHE BANK AG\ added | 2,207,477 | $492M | 0.8% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO trimmed | 2,113,039 | $471M | 0.8% | 2026-Q2 |
| Sustainable Growth Advisers, LP added | 2,061,651 | $460M | 0.8% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 2,054,264 | $458M | 0.8% | 2026-Q2 |
| STIFEL FINANCIAL CORP trimmed | 2,014,127 | $449M | 0.8% | 2026-Q2 |
| Invesco Ltd. added | 1,994,190 | $444M | 0.7% | 2026-Q2 |
| BARCLAYS PLC trimmed | 1,884,143 | $420M | 0.7% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 1,862,554 | $415M | 0.7% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 1,837,996 | $410M | 0.7% | 2026-Q2 |
| UBS Group AG trimmed | 1,819,299 | $405M | 0.7% | 2026-Q2 |
| BROWN BROTHERS HARRIMAN & CO trimmed | 1,603,571 | $357M | 0.6% | 2026-Q2 |
| Morgan Stanley Institutional Investment Advisors LLC trimmed | 1,446,874 | $322M | 0.5% | 2026-Q2 |
| STOREBRAND ASSET MANAGEMENT AS added | 1,387,852 | $309M | 0.5% | 2026-Q2 |
| Nuveen, LLC trimmed | 1,361,229 | $303M | 0.5% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC trimmed | 1,339,600 | $299M | 0.5% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 1,333,794 | $297M | 0.5% | 2026-Q2 |
| Mirova US LLC trimmed | 1,312,962 | $293M | 0.5% | 2026-Q2 |
| BANQUE PICTET & CIE SA trimmed | 1,290,640 | $288M | 0.5% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 1,208,590 | $269M | 0.5% | 2026-Q2 |
| Diamond Hill Capital Management, LLC (Investment Advisor) trimmed | 1,176,163 | $262M | 0.4% | 2026-Q2 |
| Swiss National Bank trimmed | 1,136,500 | $253M | 0.4% | 2026-Q2 |
| LPL Financial LLC trimmed | 1,063,787 | $237M | 0.4% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,017,948 | $227M | 0.4% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 994,209 | $222M | 0.4% | 2026-Q2 |
| National Pension Service added | 987,238 | $220M | 0.4% | 2026-Q2 |
| Capital International Investors trimmed | 949,990 | $212M | 0.4% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 946,770 | $211M | 0.4% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 945,993 | $211M | 0.4% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 929,385 | $207M | 0.3% | 2026-Q2 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 892,621 | $199M | 0.3% | 2026-Q2 |
| FMR LLC trimmed | 849,535 | $189M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 818,814 | $182M | 0.3% | 2026-Q2 |
| Vanguard Global Advisers, LLC trimmed | 800,490 | $178M | 0.3% | 2026-Q2 |
| Alyeska Investment Group, L.P. added | 791,179 | $176M | 0.3% | 2026-Q2 |
| VANGUARD ASSET MANAGEMENT, Ltd added | 740,004 | $165M | 0.3% | 2026-Q2 |
| SCOTIA CAPITAL INC. trimmed | 725,423 | $162M | 0.3% | 2026-Q2 |
| RHUMBLINE ADVISERS trimmed | 716,772 | $160M | 0.3% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 714,993 | $164M | 0.3% | 2026-Q2 |
| DANSKE BANK A/S added | 661,098 | $147M | 0.2% | 2026-Q2 |
| Russell Investments Group, Ltd. trimmed | 657,620 | $147M | 0.2% | 2026-Q2 |
| California Public Employees Retirement System trimmed | 642,826 | $143M | 0.2% | 2026-Q2 |
| JENSEN INVESTMENT MANAGEMENT INC trimmed | 631,052 | $141M | 0.2% | 2026-Q2 |
| Bahl & Gaynor LLC added | 620,996 | $138M | 0.2% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 618,511 | $138M | 0.2% | 2026-Q2 |
| NATIONAL BANK OF CANADA /FI/ added | 609,254 | $136M | 0.2% | 2026-Q2 |
| VOYA INVESTMENT MANAGEMENT LLC trimmed | 604,580 | $135M | 0.2% | 2026-Q2 |
| SATURNA CAPITAL CORP added | 595,907 | $135M | 0.2% | 2026-Q2 |
| MAIRS & POWER INC added | 591,025 | $132M | 0.2% | 2026-Q2 |
| Pictet Asset Management Holding SA trimmed | 578,782 | $129M | 0.2% | 2026-Q2 |
| Ensign Peak Advisors, Inc trimmed | 571,585 | $127M | 0.2% | 2026-Q2 |
| JOHNSON INVESTMENT COUNSEL INC added | 569,714 | $127M | 0.2% | 2026-Q2 |
| Aberdeen Group plc added | 567,316 | $126M | 0.2% | 2026-Q2 |
| Cerity Partners LLC trimmed | 566,718 | $126M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 565,065 | $118M | 0.2% | 2026-Q2 |
| Mariner, LLC trimmed | 557,180 | $124M | 0.2% | 2026-Q2 |
| CITIGROUP INC added | 556,970 | $124M | 0.2% | 2026-Q2 |
| Allianz Asset Management GmbH trimmed | 550,412 | $126M | 0.2% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 548,530 | $122M | 0.2% | 2026-Q2 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 546,798 | $122M | 0.2% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP trimmed | 534,667 | $121M | 0.2% | 2026-Q2 |
| Empower Advisory Group, LLC added | 516,221 | $115M | 0.2% | 2026-Q2 |
| NOMURA ASSET MANAGEMENT CO LTD added | 514,783 | $115M | 0.2% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added | 510,232 | $117M | 0.2% | 2026-Q2 |
| JANE STREET GROUP, LLC added | 507,276 | $113M | 0.2% | 2026-Q2 |
| Focus Partners Wealth added | 506,105 | $113M | 0.2% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL added | 491,328 | $110M | 0.2% | 2026-Q2 |
| SCHRODER INVESTMENT MANAGEMENT GROUP added | 477,125 | $107M | 0.2% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 475,540 | $106M | 0.2% | 2026-Q2 |
| Rathbones Group PLC added | 467,312 | $104M | 0.2% | 2026-Q2 |
| AGF MANAGEMENT LTD trimmed | 465,476 | $104M | 0.2% | 2026-Q2 |
| Lansforsakringar Fondforvaltning AB (publ) added | 459,215 | $102M | 0.2% | 2026-Q2 |
| TCTC Holdings, LLC trimmed | 456,674 | $102M | 0.2% | 2026-Q2 |
| REGIONS FINANCIAL CORP trimmed | 456,524 | $102M | 0.2% | 2026-Q2 |
| CREDIT AGRICOLE S A added | 455,683 | $102M | 0.2% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.