Waste ManagementWM
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 2,323 institutions reported holding Waste Management Inc. (WM) in their 13F filings, up 144 from Q3 2025. 137 opened new positions and 111 sold out. The largest holders were Vanguard Group Inc. ($8.6B), BlackRock, Inc. ($6.5B) and Gates Foundation Trust ($6.4B). 8 famous investors held it, including Bill Gates / Michael Larson (18.0% of Gates Foundation Trust's portfolio), Mario Gabelli (0.3% of GAMCO Investors's portfolio) and Israel Englander (0.1% of Millennium Management's portfolio).
- Company
- Waste Management Inc.
- Sector
- Utilities
- CUSIP
- 94106L109
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 137 | $451.4M |
| Exits | 111 | $227.5M |
All 13F filers, Q3 2025 → Q4 2025: 16,516,875 shares bought and 15,290,530 shares sold, net +1,226,345 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 2,323 holders
| Vanguard Group Inc. | 0.12% | Add +1.4% | 38,990,067 | $8.6B |
| BlackRock, Inc. | 0.11% | Reduce -0.1% | 29,725,046 | $6.5B |
| Gates Foundation Trust | 17.98% | No change | 28,934,344 | $6.4B |
| State Street Corp. | 0.13% | Add +1.6% | 17,390,748 | $3.8B |
| Geode Capital Management, LLC | 0.12% | Add +1.3% | 8,993,006 | $2.0B |
| Ameriprise Financial Inc. | 0.33% | Add +17.9% | 6,683,859 | $1.5B |
| Morgan Stanley | 0.09% | Reduce -12.5% | 6,671,652 | $1.5B |
| Parnassus Investments, LLC | 3.01% | Reduce -6.0% | 5,277,285 | $1.2B |
| Norges Bank | 0.11% | — | 4,655,755 | $1.0B |
| Northern Trust Corp. | 0.11% | Reduce -2.3% | 3,862,278 | $848.6M |
| Wells Fargo & Company | 0.16% | Reduce -0.0% | 3,736,449 | $820.9M |
| Bank of America Corp. | 0.06% | Add +6.3% | 3,566,228 | $783.5M |
| Nordea Investment Management AB | 0.67% | Add +7.2% | 3,530,900 | $781.5M |
| Goldman Sachs Group Inc. | 0.11% | Add +1.4% | 3,364,160 | $739.1M |
| Amundi | 0.22% | Add +4.5% | 3,273,036 | $719.1M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.14% | Reduce -0.1% | 3,000,874 | $659.3M |
| Vontobel Holding Ltd. | 2.02% | Add +26.6% | 2,793,966 | $613.9M |
| Sustainable Growth Advisers, LP | 4.22% | Reduce -15.1% | 2,768,350 | $608.2M |
| Legal & General Group Plc | 0.13% | Reduce -1.1% | 2,612,006 | $573.9M |
| Clearbridge Investments, LLC | 0.44% | Reduce -2.9% | 2,506,121 | $550.6M |
| Pictet Asset Management Holding SA | 0.52% | Reduce -8.7% | 2,451,370 | $538.6M |
| Royal Bank of Canada | 0.09% | Add +7.4% | 2,381,855 | $523.3M |
| Diamond Hill Capital Management, LLC (Investment Advisor) | 2.62% | Add +23.5% | 2,323,764 | $510.6M |
| Dimensional Fund Advisors LP | 0.11% | Reduce -1.0% | 2,294,119 | $504.1M |
| Charles Schwab Investment Management Inc. | 0.08% | Add +1.4% | 2,279,167 | $500.8M |
| Capital Research Global Investors | 0.09% | Add +11.9% | 2,265,370 | $497.7M |
| Stifel Financial Corp. | 0.43% | Reduce -1.1% | 2,195,510 | $482.4M |
| Bank of New York Mellon Corp | 0.08% | Reduce -15.1% | 2,148,979 | $472.2M |
| Deutsche Bank AG | 0.15% | Reduce -11.7% | 2,104,665 | $462.4M |
| Swedbank AB | 0.43% | Add +4.6% | 2,044,685 | $449.2M |
| Barclays PLC | 0.18% | Reduce -7.0% | 2,031,514 | $446.3M |
| Invesco Ltd. | 0.04% | Add +5.1% | 1,943,683 | $427.0M |
| UBS Group AG | 0.08% | Reduce -5.2% | 1,938,484 | $425.9M |
| Raymond James Financial Inc. | 0.13% | Add +3.2% | 1,841,400 | $404.6M |
| Banque Pictet & Cie SA | 3.79% | Reduce -6.4% | 1,722,490 | $378.4M |
| JPMorgan Chase & Co. | 0.03% | Reduce -7.7% | 1,688,539 | $371.0M |
| Nuveen, LLC | 0.10% | Add +6.8% | 1,684,969 | $370.2M |
| Brown Brothers Harriman & Co. | 1.98% | Reduce -1.4% | 1,650,147 | $362.6M |
| Bank of Montreal | 0.14% | Add +5.9% | 1,560,751 | $342.9M |
| Morgan Stanley Institutional Investment Advisors LLC | 35.67% | Reduce -3.1% | 1,535,623 | $337.4M |
| Capital International Investors | 0.05% | Add +10.2% | 1,508,783 | $331.5M |
| Alliancebernstein L.P. | 0.10% | Add +277.8% | 1,499,853 | $329.5M |
| Storebrand Asset Management As | 0.87% | Add +5.4% | 1,472,305 | $323.5M |
| Mirova US LLC | 3.13% | Reduce -2.9% | 1,419,444 | $311.9M |
| Lazard Asset Management LLC | 0.51% | Reduce -46.7% | 1,378,332 | $302.8M |
| FMR LLC | 0.01% | Add +64.9% | 1,305,260 | $286.8M |
| SG Americas Securities, LLC | 0.33% | Add +25809.6% | 1,147,538 | $252.1M |
| Holocene Advisors, LP | 0.52% | Reduce -19.9% | 1,121,961 | $246.5M |
| T. Rowe Price Associates Inc. | 0.03% | Add +4.2% | 1,108,418 | $243.5M |
| LPL Financial LLC | 0.07% | Add +16.1% | 1,106,777 | $243.2M |
| Swiss National Bank | 0.14% | Reduce -4.8% | 1,104,000 | $242.6M |
| Envestnet Asset Management Inc. | 0.07% | Add +0.8% | 1,009,957 | $221.9M |
| Impax Asset Management Group plc | 1.39% | Reduce -9.7% | 1,009,080 | $221.7M |
| Jensen Investment Management Inc. | 3.46% | Reduce -7.9% | 1,000,459 | $219.8M |
| Neuberger Berman Group LLC | 0.16% | Add +8.3% | 988,520 | $217.2M |
| National Pension Service | 0.15% | Add +5.7% | 946,830 | $208.0M |
| Sumitomo Mitsui Trust Group, Inc. | 0.12% | Reduce -3.3% | 939,398 | $206.4M |
| Adage Capital Partners Gp, L.L.C. | 0.31% | Add +66.2% | 918,710 | $201.8M |
| Two Sigma Investments, LP | 0.31% | Reduce -12.8% | 906,222 | $199.1M |
| HSBC Holdings PLC | 0.11% | Add +4.5% | 881,326 | $193.8M |
| Voya Investment Management LLC | 0.22% | Reduce -15.3% | 879,816 | $193.3M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.12% | Add +5.4% | 818,946 | $178.9M |
| Wealth Enhancement Advisory Services, LLC | 0.24% | Add +15.2% | 793,346 | $173.8M |
| California Public Employees Retirement System | 0.10% | Reduce -27.9% | 777,239 | $170.8M |
| Scotia Capital Inc. | 0.68% | Add +5.0% | 767,043 | $168.5M |
| Manufacturers Life Insurance Company, The | 0.14% | Add +241.4% | 744,758 | $163.6M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.19% | Add +92.6% | 735,244 | $161.6M |
| Rhumbline Advisers | 0.13% | Reduce -3.2% | 733,857 | $161.2M |
| Natixis Advisors, LLC | 0.22% | Add +22.4% | 704,977 | $154.9M |
| Qube Research & Technologies Ltd | 0.22% | Reduce -55.5% | 694,716 | $152.6M |
| Russell Investments Group, Ltd. | 0.17% | Add +51.0% | 688,324 | $151.3M |
| Allianz Asset Management GmbH | 0.17% | Add +8.6% | 664,134 | $145.9M |
| Ensign Peak Advisors, Inc | 0.26% | Add +0.2% | 658,429 | $144.7M |
| Aviva PLC | 0.23% | Add +2.8% | 626,152 | $137.6M |
| Mariner, LLC | 0.16% | Add +6.5% | 621,957 | $136.7M |
| Millennium Management | 0.10% | Add +75.3% | 591,655 | $130.0M |
| Cerity Partners LLC | 0.19% | Add +5.3% | 585,829 | $128.7M |
| DekaBank Deutsche Girozentrale | 0.22% | No change | 551,205 | $127.9M |
| Aberdeen Group plc | 0.19% | Add +7.7% | 567,539 | $124.7M |
| Bessemer Group Inc. | 0.19% | Reduce -4.6% | 562,101 | $123.5M |
| Johnson Investment Counsel Inc. | 1.00% | Add +1.0% | 559,422 | $122.9M |
| National Bank of Canada | 0.12% | Add +5.9% | 549,381 | $120.7M |
| Agf Management Ltd. | 0.53% | Reduce -0.2% | 548,001 | $120.4M |
| Citadel Advisors | 0.08% | Reduce -38.8% | 529,359 | $116.3M |
| DNB Asset Management AS | 0.41% | Add +245.2% | 528,562 | $116.1M |
| Lord, Abbett & Co. LLC | 0.37% | Reduce -9.4% | 528,235 | $116.1M |
| Two Sigma Advisers, LP | 0.22% | Add +46.9% | 524,300 | $115.2M |
| Bank Julius Baer & Co. Ltd, Zurich | 0.31% | Reduce -0.8% | 515,778 | $113.4M |
| Blair William & Co. | 0.29% | Add +3.0% | 499,048 | $109.6M |
| PNC Financial Services Group, Inc. | 0.06% | Reduce -2.7% | 486,625 | $106.9M |
| Squarepoint Ops LLC | 0.21% | Reduce -10.1% | 482,732 | $106.1M |
| Regions Financial Corp. | 0.68% | Reduce -2.3% | 481,843 | $105.9M |
| Nomura Asset Management Co. Ltd. | 0.27% | Add +9.1% | 480,892 | $105.7M |
| California State Teachers Retirement System | 0.11% | Reduce -0.7% | 479,931 | $105.4M |
| Candriam S.C.A. | 0.53% | Reduce -17.6% | 478,970 | $105.2M |
| Empower Advisory Group, LLC | 0.28% | Add +0.4% | 474,864 | $104.3M |
| PFA Pension, Forsikringsaktieselskab | 0.29% | — | 467,786 | $103.9M |
| Credit Agricole S A | 0.28% | Add +34.4% | 465,937 | $102.4M |
| Rathbones Group PLC | 0.40% | Add +12.7% | 463,274 | $101.8M |
| Bahl & Gaynor LLC | 0.52% | Reduce -0.5% | 463,187 | $101.8M |
"% of holder's portfolio" is WM's weight in each manager's 13F, not the share of Waste Management Inc. the manager owns.