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Waste Management Inc

WM
Exchange
NYSE
Industry
Refuse Systems
SEC CIK
0000823768

In the last 90 days, Waste Management Inc insiders filed 0 open-market purchases and 1 sale; 2,378 institutions reported holding it in 13F filings for Q2 2026, worth $74.1B in total; Gates Foundation Trust is the only superinvestor holding it.

13F holders, Q4 2025

Institutional positions in Waste Management Inc as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
2,325
+185 vs. Q3 2025
Shares held
328.3M
+7.92M (+2.5%) vs. Q3 2025
Total value
$72.1B
+$1.41B (+2.0%) vs. Q3 2025
New holders
300
897 more added
Sold out
115
789 more reduced

40 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting WM on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 2,325 institutions
Q1 2021: 1,493 institutionsQ2 2021: 1,526 institutionsQ3 2021: 1,551 institutionsQ4 2021: 1,700 institutionsQ1 2022: 1,665 institutionsQ2 2022: 1,678 institutionsQ3 2022: 1,695 institutionsQ4 2022: 1,741 institutionsQ1 2023: 1,737 institutionsQ2 2023: 1,775 institutionsQ3 2023: 1,751 institutionsQ4 2023: 1,875 institutionsQ1 2024: 1,976 institutionsQ2 2024: 2,007 institutionsQ3 2024: 1,999 institutionsQ4 2024: 2,134 institutionsQ1 2025: 2,207 institutionsQ2 2025: 2,234 institutionsQ3 2025: 2,180 institutionsQ4 2025: 2,325 institutionsQ1 2026: 2,375 institutionsQ2 2026: 2,378 institutions
Value heldQ4 2025: $72.1B
Q1 2021: $41.1BQ2 2021: $44.4BQ3 2021: $47.1BQ4 2021: $52.8BQ1 2022: $49.8BQ2 2022: $47.7BQ3 2022: $52.8BQ4 2022: $51.1BQ1 2023: $53.7BQ2 2023: $56.4BQ3 2023: $49.5BQ4 2023: $58.4BQ1 2024: $69.3BQ2 2024: $69.2BQ3 2024: $66.7BQ4 2024: $66.0BQ1 2025: $75.2BQ2 2025: $74.6BQ3 2025: $70.8BQ4 2025: $72.1BQ1 2026: $75.7BQ2 2026: $74.1B
Institutions holding WM and their total value by quarter
QuarterHoldersValue
Q2 20262,378$74.1B
Q1 20262,375$75.7B
Q4 20252,325$72.1B
Q3 20252,180$70.8B
Q2 20252,234$74.6B
Q1 20252,207$75.2B
Q4 20242,134$66.0B
Q3 20241,999$66.7B
Q2 20242,007$69.2B
Q1 20241,976$69.3B
Q4 20231,875$58.4B
Q3 20231,751$49.5B
Q2 20231,775$56.4B
Q1 20231,737$53.7B
Q4 20221,741$51.1B
Q3 20221,695$52.8B
Q2 20221,678$47.7B
Q1 20221,665$49.8B
Q4 20211,700$52.8B
Q3 20211,551$47.1B
Q2 20211,526$44.4B
Q1 20211,493$41.1B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Waste Management Inc; share changes are against Q3 2025.

Institutions holding WM in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc38,990,067$8.57B0.12%+553,605+1.4%Added
BlackRock, Inc.29,725,046$6.53B0.11%−38,978−0.1%Reduced
Gates Foundation TrustSuperinvestorGates Foundation Trust28,934,344$6.36B17.98%00.0%Unchanged
State Street Corp17,390,748$3.82B0.13%+281,456+1.6%Added
Geode Capital Management, LLC8,993,006$1.97B0.12%+117,476+1.3%Added
Ameriprise Financial Inc6,683,859$1.47B0.33%+1,015,638+17.9%Added
Morgan Stanley6,671,652$1.47B0.09%−950,446−12.5%Reduced
Parnassus Investments5,277,285$1.16B3.01%−336,030−6.0%Reduced
Norges Bank4,655,755$1.02B0.11%+4,655,755New
Northern Trust Corp3,862,278$848.6M0.11%−92,241−2.3%Reduced
Wells Fargo & Company3,736,449$820.9M0.16%−6770.0%Reduced
Bank of America Corp3,566,228$783.5M0.06%+212,156+6.3%Added
Nordea Investment Management AB3,530,900$781.5M0.67%+236,439+7.2%Added
Goldman Sachs Group Inc3,364,160$739.1M0.11%+44,746+1.3%Added
Amundi3,273,036$719.1M0.20%+139,906+4.5%Added
UBS Asset Management Americas Inc3,000,874$659.3M0.14%−3,272−0.1%Reduced
Vontobel Holding Ltd.2,793,966$613.9M2.02%+587,940+26.7%Added
Sustainable Growth Advisers, LP2,768,350$608.2M4.22%−493,798−15.1%Reduced
Legal & General Group Plc2,612,006$573.9M0.13%−30,157−1.1%Reduced
Clearbridge Investments, LLC2,506,121$550.6M0.44%−74,961−2.9%Reduced
Pictet Asset Management Holding SA2,451,370$538.6M0.52%−234,302−8.7%Reduced
Royal Bank of Canada2,381,855$523.3M0.09%+163,729+7.4%Added
Diamond Hill Capital Management Inc2,323,764$510.6M2.62%+441,789+23.5%Added
Dimensional Fund Advisors LP2,294,119$504.1M0.11%−23,436−1.0%Reduced
Charles Schwab Investment Management Inc2,279,167$500.8M0.08%+32,667+1.5%Added
Capital Research Global Investors2,265,370$497.7M0.09%+240,546+11.9%Added
Stifel Financial Corp2,195,510$482.4M0.43%−23,645−1.1%Reduced
Bank of New York Mellon Corp2,148,979$472.2M0.08%−380,888−15.1%Reduced
Deutsche Bank AG2,104,665$462.4M0.15%−278,966−11.7%Reduced
Swedbank AB2,044,685$449.2M0.43%+89,094+4.6%Added
Barclays PLC2,031,514$446.3M0.18%−153,128−7.0%Reduced
Invesco Ltd.1,943,683$427.0M0.04%+93,931+5.1%Added
UBS Group AG1,938,484$425.9M0.08%−106,388−5.2%Reduced
Raymond James Financial Inc1,841,400$404.6M0.13%+57,612+3.2%Added
Banque Pictet & Cie SA1,722,490$378.4M3.79%−117,995−6.4%Reduced
JPMorgan Chase & Co1,688,539$371.0M0.02%−141,118−7.7%Reduced
Nuveen, LLC1,684,969$370.2M0.10%+107,819+6.8%Added
Brown Brothers Harriman & Co1,650,147$362.6M1.98%−24,330−1.5%Reduced
Bank of Montreal1,560,751$342.9M0.14%+86,429+5.9%Added
Morgan Stanley Institutional Investment Advisors LLC1,535,623$337.4M35.67%−49,176−3.1%Reduced
Capital International Investors1,508,783$331.5M0.05%+138,978+10.1%Added
Alliancebernstein L.P.1,499,853$329.5M0.10%+1,102,856+277.8%Added
Storebrand Asset Management AS1,472,305$323.5M0.87%+75,769+5.4%Added
Mirova US LLC1,419,444$311.9M3.13%−42,593−2.9%Reduced
Lazard Asset Management LLC1,378,332$302.8M0.51%−1,208,061−46.7%Reduced
FMR LLC1,305,260$286.8M0.01%+513,568+64.9%Added
SG Americas Securities, LLC1,147,538$252.1M0.33%+1,143,109+25,809.6%Added
Holocene Advisors, LP1,121,961$246.5M0.52%−278,740−19.9%Reduced
Price T Rowe Associates Inc1,108,418$243.5M0.03%+44,306+4.2%Added
LPL Financial LLC1,106,777$243.2M0.07%+153,872+16.1%Added
Swiss National Bank1,104,000$242.6M0.14%−56,000−4.8%Reduced
Envestnet Asset Management Inc1,009,957$221.9M0.07%+8,251+0.8%Added
Impax Asset Management Group plc1,009,080$221.7M1.39%−107,998−9.7%Reduced
Jensen Investment Management Inc1,000,459$219.8M3.46%−86,130−7.9%Reduced
Neuberger Berman Group LLC988,520$217.2M0.16%+75,432+8.3%Added
National Pension Service946,830$208.0M0.15%+50,738+5.7%Added
Sumitomo Mitsui Trust Holdings, Inc.939,398$206.4M0.12%−31,614−3.3%Reduced
Adage Capital Partners GP, L.L.C.918,710$201.8M0.31%+365,818+66.2%Added
Two Sigma Investments, LP906,222$199.1M0.30%−133,107−12.8%Reduced
HSBC Holdings PLC881,326$193.8M0.11%+38,270+4.5%Added
Voya Investment Management LLC879,816$193.3M0.19%−158,326−15.3%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.818,946$178.9M0.12%+41,724+5.4%Added
Wealth Enhancement Advisory Services, LLC793,346$173.8M0.24%+104,843+15.2%Added
California Public Employees Retirement System777,239$170.8M0.10%−301,120−27.9%Reduced
Scotia Capital Inc.767,043$168.5M0.68%+36,847+5.0%Added
Manufacturers Life Insurance Company, The744,758$163.6M0.13%+526,601+241.4%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.735,244$161.6M0.19%+353,513+92.6%Added
Rhumbline Advisers733,857$161.2M0.13%−24,223−3.2%Reduced
Natixis Advisors, L.P.704,977$154.9M0.22%+129,124+22.4%Added
Qube Research & Technologies Ltd694,716$152.6M0.22%−865,511−55.5%Reduced
Russell Investments Group, Ltd.688,324$151.3M0.16%+232,562+51.0%Added
Allianz Asset Management GmbH664,134$145.9M0.17%+52,473+8.6%Added
Ensign Peak Advisors, Inc658,429$144.7M0.26%+1,244+0.2%Added
Aviva PLC626,152$137.6M0.23%+16,899+2.8%Added
Mariner, LLC621,957$136.7M0.16%+38,107+6.5%Added
Millennium Management LLC591,655$130.0M0.09%+254,127+75.3%Added
Cerity Partners LLC585,829$128.7M0.19%+29,594+5.3%Added
DekaBank Deutsche Girozentrale551,205$127.9M0.24%00.0%Unchanged
Standard Life Aberdeen plc567,539$124.7M0.19%+40,666+7.7%Added
Bessemer Group Inc562,101$123.5M0.19%−27,089−4.6%Reduced
Johnson Investment Counsel Inc559,422$122.9M1.00%+5,582+1.0%Added
National Bank of Canada549,381$120.7M0.12%+30,522+5.9%Added
Agf Management Ltd548,001$120.4M0.52%−1,064−0.2%Reduced
Citadel Advisors LLC529,359$116.3M0.08%−335,496−38.8%Reduced
DnB Asset Management AS528,562$116.1M0.41%+375,451+245.2%Added
Lord, Abbett & Co. LLC528,235$116.1M0.36%−54,679−9.4%Reduced
Two Sigma Advisers, LP524,300$115.2M0.22%+167,400+46.9%Added
Bank Julius Baer & Co. Ltd, Zurich515,778$113.4M0.31%−4,013−0.8%Reduced
Blair William & Co499,048$109.6M0.29%+14,451+3.0%Added
The PNC Financial Services Group, Inc.486,625$106.9M0.06%−13,659−2.7%Reduced
Squarepoint Ops LLC482,732$106.1M0.21%−54,114−10.1%Reduced
Regions Financial Corp481,843$105.9M0.68%−11,351−2.3%Reduced
Nomura Asset Management Co Ltd480,892$105.7M0.27%+39,908+9.0%Added
California State Teachers Retirement System479,931$105.4M0.11%−3,586−0.7%Reduced
Candriam Luxembourg S.C.A.478,970$105.2M0.52%−102,472−17.6%Reduced
Empower Advisory Group, LLC474,864$104.3M0.28%+1,991+0.4%Added
PFA Pension, Forsikringsaktieselskab467,786$103.9M0.29%+467,786New
Credit Agricole S A465,937$102.4M0.28%+119,363+34.4%Added
Rathbone Brothers plc463,274$101.8M0.40%+52,156+12.7%Added
Bahl & Gaynor Inc463,187$101.8M0.52%−2,506−0.5%Reduced