Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

WASTE MGMT INC DEL (WM)

2K + Investors. Track Smart Money conviction in WM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +131
Streak
1Q ▲
Buyers last Q
56%

Smart Money Signals — WM

Based on 2134 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added WM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
2,134 hedge funds hold WM right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q
+188 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 56% buying

1111 buying880 selling
Last quarter: 1,111 funds bought or added vs 880 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+145 vs last Q)

new funds entering per quarter
Funds opening a new WM position: 205 → 159 → 119 → 264. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

70% of holders stayed for 2+ years

■ 70% conviction (2yr+) ■ 17% medium ■ 13% new
1,498 out of 2,134 hedge funds have held WM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~264 new funds/quarter

203 → 205 → 159 → 119 → 264 new funds/Q
New funds entering each quarter: 205 → 159 → 119 → 264. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 70% of holders stayed 2+ years

■ 70% veterans ■ 12% 1-2yr ■ 19% new
Of 2,180 current holders: 1,522 (70%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 44% AUM from top-100 funds

44% from top-100 AUM funds
46 of 2134 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in WM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.4
out of 10
Low Exit Risk
Exit risk score 3.4/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — WM

In 2025 Q4, 1111 hedge funds were net buyers of WM (264 opened a new position, 847 added to an existing one), while 880 reduced or exited (747 trimmed, 133 sold completely) — a 56% buyer ratio, indicating a slight buying edge. 44% of total institutional value in WM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +131 funds (more new holders than closures). Total institutional holders: 2134.

Hedge Fund Ownership: WM

How many hedge funds hold WM — quarterly history vs. share price
Quarterly hedge fund ownership of WM vs. share price

Market Analysis: WM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: WM

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Smart Money Signal ?
Strong Institutional Conviction

Multiple high-quality funds hold meaningful positions with strong conviction.

176 top-rated funds 33 high-conviction
Consensus
9.8
/ 10
breadth
×
Elite
6.2
/ 10
conviction
Hedge Fund Positioning: WM
2026 Q1 Stats Unlock in 5 days 2K + Investors

Track Smart Money conviction in WM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 2180 2054 6.13%
13F Shares 322M 315M 2.27%
Total Value $70.23B $69.05B 1.71%
New Positions 265 120 +145
Increased Positions 914 915 -1
Closed Positions 138 176 -38
Reduced Positions 801 817 -16
Total Calls 28 37 -24.32%
Total Puts 26 25 4.0%
PUT/CALL Ratio 0.93 0.68 Neutral

Statistics: WM

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Institutional Holders (2026 Q1)

2K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in WM. Verified SEC 13F-HR filings.

QUARTER:
Top 25 institutional holders of WM — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Morgan Stanley Institutional Investment Advisors LLC 32.77% 1,479,273 $339.9M
2 TLW Wealth Management, LLC 7.31% 54,300 $12.5M
3 ECOFI INVESTISSEMENTS SA 6.23% 14,900 $3.4M
4 Chapman Investment Management, LLC 5.36% 28,275 $6.5M
5 Shelter Rock Management, LLC 4.97% 20,381 $4.7M
6 PICTET BANK & TRUST Ltd 4.80% 15,900 $3.7M
7 YCG, LLC 4.59% 220,662 $50.7M
8 Sustainable Growth Advisers, LP 4.37% 2,021,702 $464.6M
9 Atwater Malick LLC 4.36% 70,283 $16.2M
10 Palmer Knight Co 4.26% 37,955 $8.7M
11 Westchester Capital Management, Inc. 4.18% 90,325 $20.8M
12 Kimelman & Baird, LLC 3.91% 206,687 $47.5M
13 Mirova US LLC 3.55% 1,362,167 $313.0M
14 McDonough Capital Management, Inc 3.53% 28,104 $6.5M
15 JERICHO FINANCIAL, LLP 3.45% 23,825 $5.5M
16 Gallo Partners, LP 3.39% 7,705 $1.8M
17 PARNASSUS INVESTMENTS, LLC 3.35% 4,981,578 $1.14B
18 Titan Investment Solutions Ltd 3.23% 109,802 $25.2M
19 HFR Wealth Management, LLC 3.21% 56,945 $13.1M
20 Sitrin Capital Management LLC 3.21% 27,893 $6.4M
21 First Fiduciary Investment Counsel, Inc. 3.10% 67,154 $15K
22 Baker Chad R 3.10% 71,535 $16.4M
23 Goodman Financial Corp 3.06% 77,365 $17.8M
24 DLK Investment Management, LLC 3.03% 33,382 $7.7M
25 TCTC Holdings, LLC 2.99% 457,475 $105.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — WASTE MGMT INC DEL (WM)

What does the Smart Money Trend signal show for WM?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added WM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for WM?

Slight buying edge — 56% buying: Last quarter: 1,111 funds bought or added vs 880 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for WM holders?

Elite ownership — 44% AUM from top-100 funds: 46 of 2134 holders are among the 100 largest funds by AUM, controlling 44% of total institutional value in WM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held WM?

70% of holders stayed for 2+ years: 1,498 out of 2,134 hedge funds have held WM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.