Handelsbanken Fonder AB Increases Stake in Waste Management

The Swedish investment firm now owns nearly $44 million in shares of the waste management company.

Mar. 3, 2026 at 8:39am

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Handelsbanken Fonder AB, a Swedish investment firm, has increased its stake in Waste Management, Inc. (NYSE:WM) by 4.3% in the third quarter. The firm now owns 197,962 shares of the business services provider, valued at $43.72 million. This move comes as Waste Management continues to be a popular investment among institutional investors, with Vanguard Group, Geode Capital Management, and Ameriprise Financial also holding significant positions in the company.

Why it matters

Waste Management is a leading provider of integrated waste management and environmental services in North America, offering end-to-end solutions spanning collection, transfer, disposal, and recycling. The company's strong performance and growth potential have made it a attractive investment for institutional investors like Handelsbanken Fonder AB, who are seeking exposure to the waste management industry.

The details

Handelsbanken Fonder AB's increased stake in Waste Management comes as the company continues to see strong demand for its services. In the third quarter, Waste Management reported revenue of $6.31 billion, up 7.1% from the same period last year. The company's earnings per share also grew, reaching $1.93 for the quarter.

  • Handelsbanken Fonder AB increased its stake in Waste Management by 4.3% in the 3rd quarter of 2026.
  • Waste Management reported its third quarter 2026 financial results in January 2027.

The players

Handelsbanken Fonder AB

A Swedish investment firm that has increased its stake in Waste Management, Inc.

Waste Management, Inc.

A leading provider of integrated waste management and environmental services in North America.

Vanguard Group Inc.

A major institutional investor that also holds a significant position in Waste Management, Inc.

Geode Capital Management LLC

An institutional investor that owns shares of Waste Management, Inc.

Ameriprise Financial Inc.

An investment management firm that has invested in Waste Management, Inc.

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What they’re saying

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

Waste Management's strong performance and growth potential continue to attract institutional investors like Handelsbanken Fonder AB, who see the company as a valuable long-term investment in the waste management industry.