WASTE MGMT INC DEL WM
COM · Common Stock · CUSIP 94106L109 · ISIN US94106L1098
American waste management company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($424.0m this quarter). Holder counts are more reliable. Shares outstanding: 399.7m as of 2026-07-24, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $222.88. Options: 29 managers hold calls ($374.9m notional), 27 hold puts ($276.6m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,694 |
| Q4 2022 | 1,739 |
| Q1 2023 | 1,736 |
| Q2 2023 | 1,775 |
| Q3 2023 | 1,752 |
| Q4 2023 | 1,875 |
| Q1 2024 | 1,976 |
| Q2 2024 | 2,006 |
| Q3 2024 | 1,999 |
| Q4 2024 | 2,132 |
| Q1 2025 | 2,207 |
| Q2 2025 | 2,234 |
| Q3 2025 | 2,179 |
| Q4 2025 | 2,321 |
| Q1 2026 | 2,372 |
| Q2 2026 | 2,367 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 896 | 826 |
| Q4 2024 | 989 | 749 |
| Q1 2025 | 1,026 | 912 |
| Q2 2025 | 1,054 | 892 |
| Q3 2025 | 1,010 | 926 |
| Q4 2025 | 1,031 | 909 |
| Q1 2026 | 1,124 | 958 |
| Q2 2026 | 1,063 | 1,031 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $523.1m | $267.2m | 0.51 |
| Q4 2025 | $375.7m | $286.7m | 0.76 |
| Q1 2026 | $354.2m | $219.9m | 0.62 |
| Q2 2026 | $374.9m | $276.6m | 0.74 |
Biggest buyers
| Capital Research Global Investors | Added | +1.7m |
| BlackRock, Inc. | Added | +535.1k |
| CITADEL ADVISORS LLC | Added | +515.6k |
| STATE STREET CORP | Added | +507.2k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +499.4k |
| JANE STREET GROUP, LLC | Added | +482.8k |
| JPMORGAN CHASE & CO | Added | +419.6k |
| Swedbank AB | Added | +378.6k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +355.8k |
| ROYAL BANK OF CANADA | Added | +335.9k |
Biggest sellers
| Pictet Asset Management Holding SA | Reduced | -929.8k |
| GATES FOUNDATION TRUST | Reduced | -921.6k |
| BARCLAYS PLC | Reduced | -839.1k |
| DIAMANT ASSET MANAGEMENT, INC. | Reduced | -767.2k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -705.4k |
| Vontobel Holding Ltd. | Reduced | -550.7k |
| SG Americas Securities, LLC | Reduced | -544.3k |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -510.7k |
| Bank Julius Baer & Co. Ltd, Zurich | Reduced | -493.5k |
| MORGAN STANLEY | Reduced | -492.3k |
Biggest calls
| JANE STREET GROUP, LLC | Added | $114.7m514.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $110.1m493.9k shares |
| IMC-Chicago, LLC | Added | $50.1m225.0k shares |
| CITADEL ADVISORS LLC | Reduced | $32.3m145.0k shares |
| UBS Group AG | Reduced | $10.9m49.1k shares |
| Squarepoint Ops LLC | Added | $8.5m38.1k shares |
| Allianz Asset Management GmbH | Added | $7.6m34.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $6.1m27.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Reduced | $6.0m26.8k shares |
| Walleye Capital LLC | Added | $4.4m19.9k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $106.8m479.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $80.0m359.1k shares |
| IMC-Chicago, LLC | Added | $19.5m87.3k shares |
| JANE STREET GROUP, LLC | Added | $11.9m53.4k shares |
| Allianz Asset Management GmbH | Added | $9.0m40.2k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $8.1m36.3k shares |
| Chapman Investment Management, LLC | New | $6.1m27.2k shares |
| Walleye Capital LLC | Added | $4.6m20.5k shares |
| CAPSTONE INVESTMENT ADVISORS, LLC | Reduced | $4.2m18.7k shares |
| SIMPLEX TRADING, LLC | Added | $3.9m17.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| GATES FOUNDATION TRUST 13G · passive investor filed 2025-11-14 | 7.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $66.8k | — |
| Q1 2025 | 0 | — | 12 | $22.7m | $21.2m |
| Q2 2025 | 0 | — | 3 | $19.9m | $625.4k |
| Q3 2025 | 0 | — | 1 | $22.5k | $22.5k |
| Q4 2025 | 1 | $392.8k | 1 | $299.5k | — |
| Q1 2026 | 0 | — | 12 | $23.0m | $20.9m |
| Q2 2026 | 0 | — | 1 | $585.3k | — |
| Q3 2026 | 0 | — | 1 | $300.2k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-04 | Carroll John A. VP & Chief Accounting Officer · Jjc Cache Llc | Sold | $300.2k1.4k shares |
| 2026-06-05 | Carrasco Rafael SVP of Enterprise Strategy | Sold | $585.3k2.7k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.10% of their portfolio | 30.7m $6.8bn | Added +535.1k |
| GATES FOUNDATION TRUST 17.30% of their portfolio | 26.7m $6.0bn | Reduced -921.6k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.12% of their portfolio | 25.2m $5.6bn | Added +10.2k |
| STATE STREET CORP 0.12% of their portfolio | 18.0m $4.0bn | Added +507.2k |
| Capital Research Global Investors 0.32% of their portfolio | 10.4m $2.3bn | Added +1.7m |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.10% of their portfolio | 10.1m $2.3bn | Reduced -115.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.11% of their portfolio | 9.1m $2.0bn | Reduced -122.5k |
| AMERIPRISE FINANCIAL INC 0.32% of their portfolio | 7.1m $1.6bn | Reduced -341.3k |
| MORGAN STANLEY 0.08% of their portfolio | 6.6m $1.5bn | Reduced -492.3k |
| PARNASSUS INVESTMENTS, LLC 2.85% of their portfolio | 4.8m $1.1bn | Reduced -189.6k |
| NORGES BANK 0.11% of their portfolio | 4.8m $1.1bn | Not comparable |
| ROYAL BANK OF CANADA 0.18% of their portfolio | 4.7m $1.1bn | Added +335.9k |
| WELLS FARGO & COMPANY/MN 0.17% of their portfolio | 4.3m $966.2m | Added +73.4k |
| NORTHERN TRUST CORP 0.10% of their portfolio | 3.8m $837.9m | Reduced -149.5k |
| GOLDMAN SACHS GROUP INC 0.08% of their portfolio | 3.6m $802.0m | Reduced -48.3k |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 3.1m $696.4m | Reduced -225.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.13% of their portfolio | 3.1m $695.7m | Added +35.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.54% of their portfolio | 3.0m $657.2m | Reduced -510.7k |
| Amundi 0.15% of their portfolio | 2.9m $641.5m | Reduced -105.3k |
| Swedbank AB 0.53% of their portfolio | 2.8m $617.7m | Added +378.6k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.48% of their portfolio | 2.8m $613.7m | Added +499.4k |
| Legal & General Group Plc 0.12% of their portfolio | 2.7m $597.4m | Added +35.5k |
| Clearbridge Investments, LLC 0.45% of their portfolio | 2.4m $542.3m | Reduced -41.5k |
| Vontobel Holding Ltd. 1.77% of their portfolio | 2.4m $529.5m | Reduced -550.7k |
| DIMENSIONAL FUND ADVISORS LP 0.10% of their portfolio | 2.4m $527.6m | Added +46.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 2.3m $523.4m | Reduced -2.5k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 2.3m $502.7m | Added +419.6k |
| DEUTSCHE BANK AG\ 0.14% of their portfolio | 2.2m $492.0m | Added +166.5k |
| VANGUARD FIDUCIARY TRUST CO 0.10% of their portfolio | 2.1m $471.0m | Reduced -53.4k |
| Sustainable Growth Advisers, LP 4.51% of their portfolio | 2.1m $459.5m | Added +39.9k |
| Bank of New York Mellon Corp 0.08% of their portfolio | 2.1m $457.9m | Reduced -48.6k |
| STIFEL FINANCIAL CORP 0.37% of their portfolio | 2.0m $448.9m | Reduced -123.9k |
| Invesco Ltd. 0.04% of their portfolio | 2.0m $444.5m | Added +106.8k |
| BARCLAYS PLC 0.13% of their portfolio | 1.9m $419.9m | Reduced -839.1k |
| RAYMOND JAMES FINANCIAL INC 0.11% of their portfolio | 1.9m $415.1m | Added +16.1k |
| BANK OF MONTREAL /CAN/ 0.15% of their portfolio | 1.8m $409.7m | Reduced -19.2k |
| UBS Group AG 0.06% of their portfolio | 1.8m $405.5m | Reduced -391.0k |
| BROWN BROTHERS HARRIMAN & CO 1.57% of their portfolio | 1.6m $357.4m | Reduced -46.7k |
| Morgan Stanley Institutional Investment Advisors LLC 30.12% of their portfolio | 1.4m $322.5m | Reduced -32.4k |
| STOREBRAND ASSET MANAGEMENT AS 0.76% of their portfolio | 1.4m $309.3m | Added +54.5k |
| Nuveen, LLC 0.07% of their portfolio | 1.4m $303.4m | Reduced -396.8k |
| LAZARD ASSET MANAGEMENT LLC 0.45% of their portfolio | 1.3m $298.6m | Reduced -46.8k |
| TWO SIGMA INVESTMENTS, LP 0.22% of their portfolio | 1.3m $297.3m | Reduced -705.4k |
| Mirova US LLC 3.15% of their portfolio | 1.3m $292.6m | Reduced -49.2k |
| BANQUE PICTET & CIE SA 2.96% of their portfolio | 1.3m $287.7m | Reduced -8.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.03% of their portfolio | 1.2m $269.4m | Added +54.7k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 2.10% of their portfolio | 1.2m $262.1m | Reduced -402.9k |
| Swiss National Bank 0.13% of their portfolio | 1.1m $253.3m | Reduced -45.8k |
| LPL Financial LLC 0.05% of their portfolio | 1.1m $237.1m | Reduced -30.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.10% of their portfolio | 1.0m $226.9m | Added +211.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 994.2k $221.6m | Reduced -50.7k |
| National Pension Service 0.14% of their portfolio | 987.2k $220.0m | Added +41.0k |
| Capital International Investors 0.04% of their portfolio | 950.0k $211.7m | Reduced -192.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.12% of their portfolio | 946.8k $211.0m | Added +69.7k |
| HSBC HOLDINGS PLC 0.10% of their portfolio | 946.0k $210.9m | Added +54.2k |
| NEUBERGER BERMAN GROUP LLC 0.14% of their portfolio | 929.4k $207.1m | Reduced -79.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.11% of their portfolio | 892.6k $198.9m | Reduced -2.5k |
| FMR LLC 0.01% of their portfolio | 849.5k $189.3m | Reduced -46.7k |
| BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio | 818.8k $182.5m | Added +309.0k |
| Vanguard Global Advisers, LLC 0.08% of their portfolio | 800.5k $178.4m | Reduced -13.6k |
| Alyeska Investment Group, L.P. 0.45% of their portfolio | 791.2k $176.3m | Added +276.8k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.11% of their portfolio | 740.0k $164.9m | Added +86.4k |
| SCOTIA CAPITAL INC. 0.60% of their portfolio | 725.4k $161.7m | Reduced -1.2k |
| RHUMBLINE ADVISERS 0.12% of their portfolio | 716.8k $159.8m | Reduced -20.5k |
| ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio | 715.0k $164.3m | Reduced -459.5k |
| DANSKE BANK A/S 0.29% of their portfolio | 661.1k $147.3m | Added +12.5k |
| Russell Investments Group, Ltd. 0.13% of their portfolio | 657.6k $146.6m | Reduced -74.4k |
| NATIXIS ADVISORS, LLC 0.16% of their portfolio | 649.6k $144.8m | Reduced -113.1k |
| California Public Employees Retirement System 0.08% of their portfolio | 642.8k $143.3m | Reduced -150.4k |
| JENSEN INVESTMENT MANAGEMENT INC 3.41% of their portfolio | 631.1k $140.6m | Reduced -20.3k |
| Bahl & Gaynor LLC 0.64% of their portfolio | 621.0k $138.4m | Added +150.4k |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 618.5k $137.9m | Added +515.6k |
| NATIONAL BANK OF CANADA /FI/ 0.12% of their portfolio | 609.3k $135.7m | Added +59.6k |
| VOYA INVESTMENT MANAGEMENT LLC 0.12% of their portfolio | 604.6k $134.7m | Reduced -303.1k |
| SATURNA CAPITAL CORP 1.65% of their portfolio | 595.9k $135.0m | Added +325.0k |
| MAIRS & POWER INC 1.21% of their portfolio | 591.0k $131.7m | Added +192.8k |
| Pictet Asset Management Holding SA 0.12% of their portfolio | 578.8k $129.0m | Reduced -929.8k |
| Ensign Peak Advisors, Inc 0.21% of their portfolio | 571.6k $127.4m | Reduced -17.1k |
| JOHNSON INVESTMENT COUNSEL INC 0.93% of their portfolio | 569.7k $127.0m | Added +3.8k |
| Aberdeen Group plc 0.18% of their portfolio | 567.3k $126.4m | Added +34.8k |
| Cerity Partners LLC 0.15% of their portfolio | 566.7k $126.3m | Reduced -12.7k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.20% of their portfolio | 565.1k $118.3m | Added +77.8k |
| Mariner, LLC 0.13% of their portfolio | 557.2k $124.2m | Reduced -52.1k |
| CITIGROUP INC 0.06% of their portfolio | 557.0k $124.1m | Added +202.1k |
| DekaBank Deutsche Girozentrale 0.21% of their portfolio | 551.2k $126.2m | Unchanged |
| Allianz Asset Management GmbH 0.13% of their portfolio | 550.4k $126.5m | Reduced -5.9k |
| LORD, ABBETT & CO. LLC 0.35% of their portfolio | 549.4k $122.4m | Added +86 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.12% of their portfolio | 548.5k $122.3m | Reduced -23.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.11% of their portfolio | 546.8k $121.9m | Added +81.9k |
| JONES FINANCIAL COMPANIES LLLP 0.05% of their portfolio | 534.7k $120.6m | Reduced -77.4k |
| Empower Advisory Group, LLC 0.27% of their portfolio | 516.2k $115.1m | Added +20.2k |
| NOMURA ASSET MANAGEMENT CO LTD 0.25% of their portfolio | 514.8k $114.7m | Added +68.7k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.04% of their portfolio | 510.2k $117.1m | Added +79.7k |
| JANE STREET GROUP, LLC 0.07% of their portfolio | 507.3k $113.1m | Added +482.8k |
| Focus Partners Wealth 0.12% of their portfolio | 506.1k $112.8m | Added +86 |
| BLAIR WILLIAM & CO/IL 0.29% of their portfolio | 491.3k $109.5m | Added +7.0k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio | 477.1k $106.6m | Added +71.9k |
| PNC Financial Services Group, Inc. 0.05% of their portfolio | 475.5k $106.0m | Reduced -9.2k |
| Rathbones Group PLC 0.38% of their portfolio | 467.3k $104.2m | Reduced -466.5k |
| AGF MANAGEMENT LTD 0.40% of their portfolio | 465.5k $103.7m | Reduced -5.7k |